Grace Ministries in Myrtle Beach, South Carolina (SC)
Table of contents:
| Grace Ministries | |
| Employer Identification Number (EIN) | 203314190 |
| Name of Organization | Grace Ministries |
| In Care of Name | Hucks Pa |
| Address | PO BOX 3030, Myrtle Beach, SC 29578-3030 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 05/2006 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000 to $24,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $14,723 |
| Amount of Income | $129,855 |
| Form 990 Revenue Amount | $125,949 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Senior Centers, Services |
Non-representatives - add comments:
Amount of income in 2013: $129,855 (it was $72,155 in 2012)
| This organization: | $129,855 |
| Other organizations performing similar types of work: | $82,521 |
Assets in 2013: $14,723 (it was $8,579 in 2012)
| Grace Ministries: | $14,723 |
| Other organizations performing similar types of work: | $67,113 |
Expenses in 2013: $118,807
| This organization: | $118,807 |
| Other organizations performing similar types of work: | $71,820 |
Income to expenses ratio in 2013: 1.1
| Grace Ministries: | 1.1 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2013: 90.9%
| This organization: | 90.9% |
| Other organizations performing similar types of work: | 46.5% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $98,577 | $67,794 | $125,949 |
| Contributions, gifts, grants, and similar amounts received | $96,946 | $67,717 | $114,447 |
| Program service revenue including government fees and contracts | $1,585 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $46 | $77 | $88 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $11,414 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $4,896 | $4,361 | $15,320 |
| Less: direct expenses from gaming and fundraising events | $4,896 | $4,361 | $3,906 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $73,699 | $91,027 | $118,807 |
| Total net assets | $30,636 | $7,403 | $14,545 |
| Excess/Deficit for the year | $24,878 | $-23,233 | $7,142 |
| Net assets or fund balances at beginning of year | $5,758 | $30,636 | $7,403 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $7,403 | $14,545 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $31,911 | $8,579 | $14,723 |
| Total liabilities | $1,275 | $1,176 | $178 |
| Net assets or fund balances | $30,636 | $7,403 | $14,545 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $386,225 |
| Subtotal Support | $386,225 |
| Gifts, grants, contributions, and membership fees received | $386,225 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $386,450 |
| Public Support | $386,225 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $225 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Casa Citizens Against Spouse Abuse in Myrtle Beach, SC
 |
| Vietnam Veterans Of America Inc in Columbia, SC |
|
Daughters Of The Nile, Arabi Temple No141 in Lexington, SC
|
| Kappa Alpha Psi Fraternity, Moncks Corner Alumni Chapter in Moncks Corner, SC |
All About Change Inc in Greenville, SC
 |
| Museum Of Western York County in Sharon, SC |
|
Project Josiah Restoration Ministry in Columbia, SC
|
|
Pk Outreach Inc in Inman, SC
|
| Sacred Literature Ministries Inc, Teachers' Swap Shop in Taylors, SC |
|
Amvets, 0070 Amvets in Port Royal, SC
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Fairfield County Council On Aging 321 Bypass | 210 E Washington St, Winnsboro, SC 29180-1048 | SC | 2011-09 | $463,000 |
| 2 | Veterans Victory Group Inc | 2461 Sidneys Rd, Walterboro, SC 29488-6783 | SC | 2007-06 | $45,041 |
| 3 | Stephens Active Adult Day Care | 210 Mcnabb Shortcut Rd, Loris, SC 29569-7202 | SC | 2003-12 | $7,502 |
| 4 | Hope School Community Center Inc | Po Box 305, Pomaria, SC 29126 | SC | 2014-07 | $3,800 |
| 5 | Jehovah Adult Daycare | 294 Austin St, Spartanburg, SC 29301-2145 | SC | 2002-12 | $1 |
| 6 | Caring Neighbors | 7 Coventry Court, Bluffton, SC 29910 | SC | 2012-01 | $0 |
| 7 | Catchall-Shaw Area Community Center | 2891 Mcelveen Drive, Dalzell, SC 29040-9233 | SC | 2001-12 | $0 |
| 8 | Edisto Island Missionary Alzheimers Support | P O B 126, Edisto Island, SC 29438 | SC | 2004-12 | $0 |
| 9 | Eldercaring Inc | 3201 Seaborn Dr, Charleston, SC 29466-8529 | SC | 1976-11 | $0 |
| 10 | Genesis International Foundation | 162 Grober Hill Rd, Beaufort, SC 29906 | SC | 2011-04 | $0 |
| 11 | Hartsville Community Center | 705 Butler St, Hartsville, SC 29550-5542 | SC | 2014-07 | $0 |
| 12 | Killian Community Club | 104 Joe Apree Circle, Blythewood, SC 29016 | SC | 2013-07 | $0 |
| 13 | Latta Senior Empowerment Services | 7483 N Highway 501, Latta, SC 29565 | SC | 2010-10 | $0 |
| 14 | Loving Assistance Adult Day Care Center | 637 Koon Store Rd, Columbia, SC 29203-9451 | SC | 2006-08 | $0 |
| 15 | Motherhood Priority | 19 Crossbow Lakes Court, Columbia, SC 29212 | SC | 2009-05 | $0 |
| 16 | Orangeburg County Family & Community Leaders | 154 Vallentine Road, Cope, SC 29038 | SC | 2010-04 | $0 |
| 17 | Rebuilding Our Communities Inc | 4043 Highway 78, Dorchester, SC 29437-3954 | SC | 2003-11 | $0 |
| 18 | Saluda Senior Service Volunteers | 187 Burton Rd, Johnston, SC 29832-4235 | SC | 2011-07 | $0 |
| 19 | Senior Consortium | 917 Queen St, Columbia, SC 29205-1624 | SC | 2008-05 | $0 |
| 20 | Seniors Count In South Carolina Inc | 2719 Middleburg Dr, Columbia, SC 29204-2414 | SC | 2000-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 2,590 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Grace Ministries »
Non-representatives - add comments about Grace Ministries»