philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Graces Way INC FY2024 filing

Tax-deductible

Georgetown, OH501(c)(3)Since 2007HousingEIN 20-8337541Revenue $48K in FY2024

On file with the IRS406 W Plum St, 45121-1056 · Georgetown, OHTax-exempt since Mar 2007Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To provide facilities & services designed to meet the physical, social and psychological needs for elderly & handicapped individuals.

501(c)(3) charity; gifts are tax-deductible.
64¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $9K a year · 19% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
64%
of spending
Worth a look: 64% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$17K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 4 voting members
Worth a look: 1 of 4 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$48K
-0.08% vs prior year
Spent
$62K
To programs
64%
Net assets
$387K
By yearFY2020–FY2025
Revenue
$48K
FY2024-0.08%
Tap a bar for its year
Revenue by fiscal year
FY2020$49K
FY2021$47K
FY2022$45K
FY2023$48K
FY2024$48K
FY2025$51K
Expenses
$62K
FY2024▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$46K
FY2021$54K
FY2022$64K
FY2023$58K
FY2024$62K
FY2025$59K
Net assets
$387K
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020−$11K
FY2021−$18K
FY2022−$37K
FY2023$400K
FY2024$387K
FY2025$379K

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

64 cents of each dollar spent went to programs.

Program services 64% · $40K Management & general 36% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Nancy Darby
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Daniel Wickerham
Executive Director
$0Pt VII · Sec A
See Graces Way INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 15aYes

Programs and updates

Supports elderly and handicapped individuals with facilities and services for their physical, social, and psychological well-being.

Questions for Graces Way INC

Tap to ask. Graces Way INC sees how many people are interested.

Your first name shows with your question. Graces Way INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $40K · in their own filed words · FY2024
01

To provide facilities & services designed to meet the physical, social and psychological needs for elderly & handicapped individuals.

$40Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$48K
Ln 12
Fees for servicesLn 2g$48K
Other incomeLn 4–11$774
Investment incomeLn 3$44
Money outPt IX
$62K
Ln 25
Programscol B$40K
Managementcol C$22K
Owns and owesPt X
$387K
net assets · Ln 32
Cash and savingsLn 1–2$698
Total assetsLn 16$403K
LiabilitiesLn 26$17K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$48K
Investment incomeLn 3$44
Other incomeLn 4–11$774
Total revenueLn 12$48K
Assets in detailPt X, end of year
CashLn 1$698
Cash and savings togetherLn 1–2$698
Land, buildings, equipmentLn 10c$356K
Other assetsLn 15$46K
Total assetsLn 16$403K
LiabilitiesLn 26$17K
Net assetsLn 32$387K
OperationsPt I, VI
EmployeesI 50
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$5K$698
Land, buildings, equipmentLn 10c$352K$356K
Total assetsLn 16$416K$403K
LiabilitiesLn 26$16K$17K
Net assetsLn 32$400K$387K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$3K$3K
Accounting feesLn 11c$8K$8K
Advertising and promotionLn 12$223$223
Office expensesLn 13$2K$2K
Information technologyLn 14$973$973
RoyaltiesLn 15$13K$13K$555
Depreciation, depletion and amortizationLn 22$16K$16K
InsuranceLn 23$815$815
Other expenses (24a–d)Ln 24$14K$8K$6K
All other expensesLn 24e$3K$2K$612
Total functional expensesLn 25$62K$40K$22K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $51K$59K−$7K$379K 990 PDF
FY2024 Viewing $48K$62K−$13K$387K 990 PDF
FY2023 $48K$58K−$10K$400K 990 PDF
FY2022 $45K$64K−$19K−$37K 990 PDF
FY2021 $47K$54K−$7K−$18K 990 PDF
FY2020 $49K$46K$3K−$11K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $48,386 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $47,295$47,568
I-10 Investment incomePrior year $35$44
I-11 Other revenuePrior year $1,093$774
I-12 Total revenuePrior year $48,423$48,386
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $58,392$61,722
I-18 Total expensesPrior year $58,392$61,722
I-19 Revenue less expensesPrior year −$9,969−$13,336
Part VI · Governance 1 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members1
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $48,386 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $47,568$47,568
VIII-3 Investment incomeExcluded from tax $44$44
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $774$774
VIII-12 Total revenueRelated to mission $47,568 · Unrelated business $0 · Excluded from tax $818$48,386
Part IX · Statement of functional expenses $61,722 across 10 lines filed
IX-11a Management feesManagement $3,405$3,405
IX-11c Accounting feesManagement $8,110$8,110
IX-12 Advertising and promotionManagement $223$223
IX-13 Office expensesManagement $2,086$2,086
IX-14 Information technologyManagement $973$973
IX-15 RoyaltiesPrograms $12,853 · Management $555$13,408
IX-22 Depreciation, depletion and amortizationPrograms $15,563$15,563
IX-23 InsurancePrograms $815$815
IX-24 Other expenses (24a–d)Programs $8,305 · Management $6,123$14,428
IX-24e All other expensesPrograms $2,099 · Management $612$2,711
IX-25 Total functional expensesPrograms $39,635 · Management $22,087 · Fundraising $0$61,722
Part X · Balance sheet $403,228 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $5,150$698
X-10c Land, buildings and equipment, netStart of year $351,685$356,222
X-15 Other assetsStart of year $59,112$46,308
X-16 Total assetsStart of year $415,947$403,228
X-17 Accounts payable and accrued expensesStart of year $10,680$11,318
X-25 Other liabilitiesStart of year $5,327$5,306
X-26 Total liabilitiesStart of year $16,007$16,624
X-27 Net assets without donor restrictionsStart of year −$47,060−$60,396
X-28 Net assets with donor restrictionsStart of year $447,000$447,000
X-32 Total net assets or fund balancesStart of year $399,940$386,604
X-33 Total liabilities and net assetsStart of year $415,947$403,228
Part XI · Reconciliation of net assets $386,604 net assets at year end
XI-1 Total revenue$48,386
XI-2 Total expenses$61,722
XI-3 Revenue less expenses−$13,336
XI-4 Net assets at start of year$399,940
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$386,604

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.