Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2005.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
60 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
2 people listed on the 990; $46K paid to officers and key staff (Part VII, Section A).
George M Spessard’s $46K as Ceoexecutive Director is at the 84th percentile of top reported officer pay among 344 <$100K religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| George M Spessard | $45,600 | $43,700 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Grace Summit INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Offers counseling and retreats to foster spiritual growth and discipleship.
Questions for Grace Summit INC
Your first name shows with your question. Grace Summit INC answers here, for everyone.
Discipleship Counseling
Counseled individuals and families. Many had given up hope in their work, marriages, faith and life.
Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-1381671) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $19K | $12K |
| Land, buildings, equipmentLn 10c | $963 | |
| Total assetsLn 16 | $19K | $13K |
| LiabilitiesLn 26 | $9K | $9K |
| Net assetsLn 32 | $10K | $4K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $66K | $40K | $26K | |
| Other employee benefitsLn 9 | $13K | $8K | $5K | |
| Payroll taxesLn 10 | $3K | $2K | $1K | |
| Accounting feesLn 11c | $695 | $417 | $278 | |
| Other fees for servicesLn 11g | $1K | $767 | $512 | |
| Office expensesLn 13 | $34 | $20 | $14 | |
| Information technologyLn 14 | $204 | $122 | $82 | |
| OccupancyLn 16 | $6K | $4K | $3K | |
| Depreciation, depletion and amortizationLn 22 | $241 | $145 | $96 | |
| Other expenses (24a–d)Ln 24 | $4K | $2K | $1K | |
| Total functional expensesLn 25 | $95K | $57K | $38K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 11, 2025 | $91K | $87K | $5K | $10K | 990 PDF |
| FY2023Filed with the IRS Nov 11, 2025 | $79K | $91K | −$12K | $6K | 990 PDF |
| FY2022Filed with the IRS Nov 5, 2023 | $92K | $78K | $14K | $18K | 990 PDF |
| FY2021 ViewingFiled with the IRS Nov 9, 2022 | $88K | $95K | −$7K | $4K | 990 PDF |
| FY2020Filed with the IRS Nov 15, 2021 | $80K | $91K | −$11K | $10K | 990 PDF |
Schedules filed Part IV
See the full FY2021 990
Part I · Summary $88,497 revenue, 12 lines filed
Part VI · Governance 1 of 2 board members independent, 4 to look at
Part VIII · Statement of revenue $88,497 across 2 lines filed
Part IX · Statement of functional expenses $95,031 across 10 lines filed
Part X · Balance sheet $12,660 assets, 8 lines filed
Part XI · Reconciliation of net assets $3,556 net assets at year end
Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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