Grace Counseling INC FY2020 filing

Tax-deductible

Greenwood Vlg, CO501(c)(3)Since 2011Mental HealthEIN 27-4401270Revenue $1.3M in FY2020

On file with the IRSgracecounseling.net8301 E Prentice Ave Ste 300, 80111-2906 · Greenwood Vlg, COTax-exempt since Apr 2013Publicly supported — 509(a)(2)

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To provide Counseling, psychiatric, educational and consultation services to individuals, families, churches, religious organizations and businesses. Grace Counseling, INC. Is a christian Counseling center offering excellence in a full range of clinical services and family Counseling. Grace Counseling strives to provide exceptional care in a compassionate environment for every client. Our dedicated team of professionals seeks to strengthen, educate, and bring healing to our clients and their families.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$434K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
2 of 6
filings with a surplus
Average deficit $10K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$434K
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$217K
81% of total assets
Concern: liabilities are 81% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
Spent
$1.3M
To programs
86%
Net assets
$50K
By yearFY2020–FY2025
Revenue
$1.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.7M
FY2022$1.6M
FY2023$1.5M
FY2024$1.0M
FY2025$920K
Expenses
$1.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.5M
FY2022$1.8M
FY2023$1.5M
FY2024$1.0M
FY2025$949K
Net assets
$50K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$50K
FY2021$261K
FY2022$100K
FY2023$76K
FY2024$81K
FY2025$52K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Apr 2013.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $1.1M Management & general 13% · $169K Fundraising 1% · $16K

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

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Who runs it and what they're paid

9 people listed on the 990; $434K paid to officers and key staff.

Part VII, Section A · reportable compensation
Clinical Dir
$150,843Pt VII · Sec A
Business Dir
$149,555Pt VII · Sec A
Executive Di
$133,718Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman of
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Michael Ballard’s $164K as Business Dir is at the 98th percentile of top reported officer pay among 2095 $100K–1M mental health 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 · 5 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Michael Ballard$163,655$150,098$141,487$149,555
Michael Kragt$149,477$153,729$152,597$133,718
Jessica Pae$151,559$147,578$147,035$150,843
Sarah Harrison—$121,879$114,787—
Robert Gibson$110,178$118,612——

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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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, psychiatric, and educational services to individuals, families, and organizations.

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2020
01

In 2020, grace counseling, inc. Averaged 215 counseling appointments per week which includes outpatient counseling and psychiatric appointments. Approximately 20% of our services are offered on a reduced fee for those who cannot afford market rates.

$1.1Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.3M
Other incomeLn 4–11$1K
Gifts and grantsLn 1h$109
Money outPt IX
$1.3M
Ln 25
Programscol B$1.1M
Managementcol C$169K
Fundraisingcol D$16K
Owns and owesPt X
$50K
net assets · Ln 32
Cash and savingsLn 1–2$256K
Total assetsLn 16$267K
LiabilitiesLn 26$217K
PeoplePt VI, VII
9
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$109
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$53
Other incomeLn 4–11$1K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$256K
Cash and savings togetherLn 1–2$256K
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$9K
Total assetsLn 16$267K
LiabilitiesLn 26$217K
Net assetsLn 32$50K
OperationsPt I, VI
EmployeesI 515
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 FY20End FY20
Cash and savingsLn 1–2$130K$256K
Land, buildings, equipmentLn 10c$4K$2K
Total assetsLn 16$143K$267K
LiabilitiesLn 26$33K$217K
Net assetsLn 32$110K$50K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$180K$146K$32K$2K
Other salaries and wagesLn 7$917K$818K$94K$5K
Payroll taxesLn 10$36K$31K$4K$216
Legal feesLn 11b$9K$7K$2K$457
Advertising and promotionLn 12$13K$10K$3K$673
Office expensesLn 13$15K$12K$3K$771
OccupancyLn 16$75K$56K$15K$4K
Conferences, conventions and meetingsLn 19$5K$3K$915$229
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$12K$9K$2K$577
Other expenses (24a–d)Ln 24$56K$42K$11K$3K
All other expensesLn 24e$8K$6K$2K$387
Total functional expensesLn 25$1.3M$1.1M$169K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $920K$949K−$30K$52K 990 PDF
FY2024 $1.0M$1.0M$5K$81K 990 PDF
FY2023 $1.5M$1.5M−$24K$76K 990 PDF
FY2022 $1.6M$1.8M−$160K$100K 990 PDF
FY2021 $1.7M$1.5M$211K$261K 990 PDF
FY2020 Viewing $1.3M$1.3M−$60K$50K 990 PDF

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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 FY2020 990 (6 parts)
Part I · Summary $1,267,494 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,831$109
I-9 Program service revenuePrior year $1,205,268$1,265,972
I-10 Investment incomePrior year $321$53
I-11 Other revenue$1,360
I-12 Total revenuePrior year $1,217,420$1,267,494
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,010,409$1,132,681
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $179,764$194,342
I-18 Total expensesPrior year $1,190,173$1,327,023
I-19 Revenue less expensesPrior year $27,247−$59,529
Part VI · Governance 6 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $1,267,494 across 6 lines filed
VIII-1f All other contributions, gifts and grants$109
VIII-1h Total contributions, gifts and grants$109
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,265,972$1,265,972
VIII-3 Investment incomeRelated to mission $53$53
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,360$1,360
VIII-12 Total revenueRelated to mission $1,267,385$1,267,494
Part IX · Statement of functional expenses $1,327,023 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $145,918 · Management $32,300 · Fundraising $1,700$179,918
IX-7 Other salaries and wagesPrograms $818,036 · Management $94,106 · Fundraising $4,953$917,095
IX-10 Payroll taxesPrograms $31,342 · Management $4,110 · Fundraising $216$35,668
IX-11b Legal feesPrograms $6,863 · Management $1,830 · Fundraising $457$9,150
IX-12 Advertising and promotionPrograms $10,102 · Management $2,694 · Fundraising $673$13,469
IX-13 Office expensesPrograms $11,572 · Management $3,086 · Fundraising $771$15,429
IX-16 OccupancyPrograms $55,934 · Management $14,916 · Fundraising $3,729$74,579
IX-19 Conferences, conventions and meetingsPrograms $3,429 · Management $915 · Fundraising $229$4,573
IX-22 Depreciation, depletion and amortizationPrograms $2,178$2,178
IX-23 InsurancePrograms $8,651 · Management $2,307 · Fundraising $577$11,535
IX-24 Other expenses (24a–d)Programs $41,761 · Management $11,136 · Fundraising $2,784$55,681
IX-24e All other expensesPrograms $5,811 · Management $1,550 · Fundraising $387$7,748
IX-25 Total functional expensesPrograms $1,141,597 · Management $168,950 · Fundraising $16,476$1,327,023
Part X · Balance sheet $266,839 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $129,644$256,018
X-10c Land, buildings and equipment, netStart of year $3,993$1,821
X-15 Other assetsStart of year $9,000$9,000
X-16 Total assetsStart of year $142,637$266,839
X-17 Accounts payable and accrued expensesStart of year $5,156$4,901
X-19 Deferred revenueStart of year $1,849$22,856
X-25 Other liabilitiesStart of year $25,983$188,962
X-26 Total liabilitiesStart of year $32,988$216,719
X-27 Net assets without donor restrictionsStart of year $88,758$21,270
X-28 Net assets with donor restrictionsStart of year $20,891$28,850
X-32 Total net assets or fund balancesStart of year $109,649$50,120
X-33 Total liabilities and net assetsStart of year $142,637$266,839
Part XI · Reconciliation of net assets $50,120 net assets at year end
XI-1 Total revenue$1,267,494
XI-2 Total expenses$1,327,023
XI-3 Revenue less expenses−$59,529
XI-4 Net assets at start of year$109,649
XI-10 Net assets at end of year$50,120

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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