Operation Grace EIN 33-0556421

Operation Grace FY2021 filing

EIN  33-0556421 Public charity (501(c)(3)) Sn Bernrdno, CA
Form 990 (PDF)
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Size
$1–10M
What they do
Provides housing, case management, and financial aid to homeless families.
Leadership
Money in and out
$129K revenue, $113K expenses
Bottom line
100% program efficiency

Provides housing, case management, and financial aid to homeless families. For fiscal year 2021 it reported $129K in revenue, $113K in expenses, and $753K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$129K
Pt VIII · Ln 12
Total expenses
$113K
Pt IX · Ln 25
Net assets
$753K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $16K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$129K
FY2021▼ -34%
Expenses
$113K
FY2021▼ -42%
Total assets
$772K
FY2021▲ +5%
Total liabilities
$18K
FY2021
Total revenue
$129K
Pt VIII · Ln 12
Total expenses
$113K
Pt IX · Ln 25
Net assets
$753K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$16K
Total assetsPt X · Ln 16$772K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $113K of program spending, described in the organization's own filed words · FY2021.
01

Program service accomplishments in the area of Affordable and Emergency Housing: Housed over 40 women and children in our emergency shelter and four families in our affordable housing program.

$89Kprogram expense
02

Rental assistance paid directly to landlord on behalf of clients from grants.

$24Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COperation Grace
EINHdr · item D33-0556421
Principal addressHdr · item CSn Bernrdno, CA
WebsiteHdr · item Jwww.operationgrace.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L40)
Ruling yearIRS BMFDec 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$87K · 67%
Program service revenue$42K · 33%
Contributions & grants67%$87K
Program service revenue33%$42K
Total revenueLn 12$129K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$113K
Total functional expensesLn 25$113K

Balance Sheet

Part X · end of year
CashLn 1$54K
Total assetsLn 16$772K
Total liabilitiesLn 26$18K
Total net assetsLn 32$753K
Months of cash on handcomputed5.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $54K · Operating expenses/yr $113K
5.8 months
Where the money goes
Program services
Program services $113K · Total expenses $113K
100%
Management & General
Management & general $0 · Total expenses $113K
0%
Fundraising
Fundraising $0 · Total expenses $113K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $126K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $87K · Total revenue $129K
67%
Government reliance
Government grants $0 · Total revenue $129K
0%
Earned-income share
Program service revenue $42K · Total revenue $129K
33%
Investment reliance
Investment income $0 · Total revenue $129K
0%
Program self-sufficiency
Program service revenue $42K · Total expenses $113K
37%
Growth & trend
Revenue growth (YoY)
This year $129K · Prior year $195K
-34%
Net-asset trend (YoY)
End of year $753K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $129K · Expenses $113K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $772K
Net-asset ratio
Net assets $753K · Total assets $772K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $772K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Thomas Morris Alexander JR · Reported title President · Highest reported compensation $0 · Total expenses $113K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $48K · Total expenses $113K
42%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -34%
Accounting fee ratio 1%

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 · FY2023
Total grants receivedfrom 1 funder$24K
Grants paid · 5 grants · $793K · 2020–2024
Grace Chapel of San BernardinFY2024$211,010
Unitemized GrantFY2024$175,517
Unitemized GrantFY2023$58,199
Unitemized GrantFY2022$247,534
Unitemized GrantFY2020$101,194

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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)$1.0M revenue · ⤓ 990 PDF
FY2023$479K revenue · ⤓ 990 PDF
FY2022$253K revenue · ⤓ 990 PDF
FY2021$129K revenue · viewing · ⤓ 990 PDF
FY2020$195K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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