Grace in Action EIN 27-1931920

Grace in Action

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Trains Christian leaders and shares the Gospel worldwide through innovative ministries and tools. For fiscal year 2024 it reported $910K in revenue, $842K in expenses, and $703K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
New Ulm, MN
Filings
5 on file (2020–2024)
Revenue
$910KFY2024
Expenses
$842K
Net assets
$703K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-1931920 Public charity (501(c)(3)) New Ulm, MN
Form 990 (PDF)
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Size
$100K–1M
What they do
Trains Christian leaders and shares the Gospel worldwide through innovative ministries and tools.
Leadership
Gary Jeffers · Development & Marketing Director · $115K
Money in and out
$910K revenue, $842K expenses
Bottom line
61% program efficiency
Where the money goes · FY2024
Total revenue
$910K
Pt VIII · Ln 12
Total expenses
$842K
Pt IX · Ln 25
Net assets
$703K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $68K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.24 Fundraising $0.15
Program efficiency
61%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
9.7mo
months of highly liquid reserves at operating expense rate▲ +26% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▲ +305% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$910K
FY2024▲ +1.0%
Expenses
$842K
FY2024▼ -10%
Total assets
$730K
FY2024▲ +15%
Total liabilities
$26K
FY2024▲ ×22
Total revenue
$910K
Pt VIII · Ln 12
Total expenses
$842K
Pt IX · Ln 25
Net assets
$703K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$68K
Total assetsPt X · Ln 16$730K
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

3 program services account for $511K of program spending, described in the organization's own filed words · FY2024.
01

Grace in Action(GIA) helps ministries carry out their Matthew 28 purpose through growth in Spirit-empowered leadership abilities, approaches, and attitudes. With Gods blessings, GIAs process helps pastors, principals, and leadership teams recognize their God-given strengths and and use them to focus on a clear ministry vision with the…

$391Kprogram expense
02

Grant made to Crosswalk Church (CrossTrain Ministry) in the amount of $87,150. CrossTrain Ministry held 4 in person four day training sessions in 2024 for 80 Lutheran pastors,3 staff ministers and 4 teachers.

$113Kprogram expense
03

Crossroads Consulting Ministry

Crossroads assisted 4 different Lutheran congregations in 2024 to identify their strengths, address their concerns, design a compelling vision for future ministry, and develop intentional strategies for enhancing their outreach and nurture ministries.

$7Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGrace in Action
EINHdr · item D27-1931920
Principal addressHdr · item CNew Ulm, MN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFJun 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Development & Marketing Director
$115,398Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Gary Jeffers’s $115K as Development & Marketing Director is at the 89th percentile of top reported officer pay among 1616 $100K–1M education 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

NameFY2024FY2023FY2022
Gary Jeffers$115,398$113,186$112,008

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.

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Statement of Revenue

Part VIII
Contributions & grants$589K · 65%
Program service revenue$304K · 33%
Investment income$18K · 2%
Contributions & grants65%$589K
Program service revenue33%$304K
Investment income2%$18K
Total revenueLn 12$910K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.24 Fundraising $0.15
Program services61%$511K
Management & general24%$205K
Fundraising15%$126K
Total functional expensesLn 25$842K

Balance Sheet

Part X · end of year
CashLn 1$451K
Total assetsLn 16$730K
Total liabilitiesLn 26$26K
Total net assetsLn 32$703K
Months of cash on handcomputed6.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $679K · Operating expenses/yr $842K
9.7 months
Where the money goes
Program services
Program services $511K · Total expenses $842K
61%
Management & General
Management & general $205K · Total expenses $842K
24%
Fundraising
Fundraising $126K · Total expenses $842K
15%
Cost to raise $1
Fundraising expense (3-yr avg) $122K · Solicited contributions (3-yr avg) $705K
$0.17 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $589K · Total revenue $910K
65%
Government reliance
Government grants — · Total revenue $910K
Earned-income share
Program service revenue $304K · Total revenue $910K
33%
Investment reliance
Investment income $18K · Total revenue $910K
+2%
Program self-sufficiency
Program service revenue $304K · Total expenses $842K
36%
Growth & trend
Revenue growth (YoY)
This year $910K · Prior year $902K
+1.0%
Revenue CAGR
FY2020 $760K · FY2024 $910K
+5%
Net-asset trend (YoY)
End of year $703K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $910K · Expenses $842K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $730K
Net-asset ratio
Net assets $703K · Total assets $730K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $228K · Total assets (Pt X, ln 16) $730K
31%
People & payroll
Highest Reported Total Compensation
Individual Gary Jeffers · Reported title Development & Marketing Director · Highest reported compensation $115K · Total expenses $842K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $602K · Total expenses $842K
71%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 24%
Fundraising cost ratio 21%
Revenue growth 1.0%
Accounting fee ratio 0.4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 5 grants · $432K · 2020–2024
Crosswalk ChurchFY2024$87,150
Crosswalk ChurchFY2023$74,250
Crosswalk ChurchFY2022$72,300
Crosswalk ChurchFY2021$89,250
Crosswalk ChurchFY2020$108,600

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$910K revenue · viewing · ⤓ 990 PDF
FY2023$902K revenue · ⤓ 990 PDF
FY2022$1.0M revenue · ⤓ 990 PDF
FY2021$1.0M revenue · ⤓ 990 PDF
FY2020$760K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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