Grace Reigns INC FY2022 filing

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Grace Reigns is a christian charity organization designed to provide an environment where Grace and love are encouraged and lavished upon a community ravaged by the ills of autocracy. As a means of lavishing these virtues upon the community, multiple teams from around the country are invited to participate in meaningful ways such as service projects, educational seminars, youth activities, and community building initiatives.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$25K 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

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $263K a year · 55% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
69%
of spending
69% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$25K
to officers and key staff · 13% of spending
Pay to officers and key staff is 13% of spending.
Part VII, Section A
12.5 mo
of spending, in cash
12.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$18K
2% of total assets
Liabilities are 2% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$433K
-4% vs prior year
Spent
$197K
To programs
69%
Net assets
$1.0M
By yearFY2020–FY2025
Revenue
$433K
FY2022▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$245K
FY2021$451K
FY2022$433K
FY2023$671K
FY2024$572K
FY2025$495K
Expenses
$197K
FY2022▲ +46%
Tap a bar for its year
Expenses by fiscal year
FY2020$129K
FY2021$135K
FY2022$197K
FY2023$223K
FY2024$248K
FY2025$358K
Net assets
$1.0M
FY2022▲ +30%
Tap a bar for its year
Net assets by fiscal year
FY2020$467K
FY2021$783K
FY2022$1.0M
FY2023$1.5M
FY2024$1.8M
FY2025$1.9M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2022 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 2016.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $136K Management & general 31% · $61K

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

5 people listed on the 990; $25K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Treasurer
$24,800Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Gareth Evans’s $38K as Treasurer is at the 38th percentile of top reported officer pay among 2133 $100K–1M 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

NameFY2025FY2024FY2023FY2022FY2021
Gareth Evans$37,500$29,400$27,400$24,800$23,700

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 Reigns 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 youth activities and discounted goods to uplift struggling communities.

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2 programs · $136K · in their own filed words · FY2022
01

Grace reigns, inc. Provides a venue accessible to local residents interested in hosting personal and community building activities. In this way, we are helping to empower community members to help themselves.

$77Kprogram expense
02

In order to further assist families, we have also established a thrift store. This is designed to help meet ongoing physical needs in the community. Prices are set according to perceived market conditions and usually range between 10 - 25% of retail value.

$59Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$433K
Ln 12
Gifts and grantsLn 1h$234K
Other incomeLn 4–11$178K
Investment incomeLn 3$14K
Money outPt IX
$197K
Ln 25
Programscol B$136K
Managementcol C$61K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$205K
Total assetsLn 16$1.0M
LiabilitiesLn 26$18K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$234K
Fees for servicesLn 2g$7K
Investment incomeLn 3$14K
Other incomeLn 4–11$178K
Gains on assetsLn 7$14K
Total revenueLn 12$433K
Assets in detailPt X, end of year
CashLn 1$205K
Cash and savings togetherLn 1–2$205K
Land, buildings, equipmentLn 10c$299K
Other assetsLn 15$532K
Total assetsLn 16$1.0M
LiabilitiesLn 26$18K
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 52
VolunteersI 660
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 FY22End FY22
Cash and savingsLn 1–2$453K$205K
Land, buildings, equipmentLn 10c$271K$299K
Total assetsLn 16$790K$1.0M
LiabilitiesLn 26$7K$18K
Net assetsLn 32$783K$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$25K$25K
Other salaries and wagesLn 7$25K$25K
Payroll taxesLn 10$10K$10K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$333$333
OccupancyLn 16$33K$25K$8K
TravelLn 17$2K$2K
Depreciation, depletion and amortizationLn 22$19K$19K
InsuranceLn 23$11K$625$10K
Other expenses (24a–d)Ln 24$41K$16K$25K
All other expensesLn 24e$21K$10K$12K
Total functional expensesLn 25$197K$136K$61K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 10, 2026 $495K$358K$137K$1.9M 990 PDF
FY2024Filed with the IRS May 21, 2025 $572K$248K$324K$1.8M 990 PDF
FY2023Filed with the IRS Nov 5, 2024 $671K$223K$448K$1.5M 990 PDF
FY2022 ViewingFiled with the IRS Oct 5, 2023 $433K$197K$236K$1.0M 990 PDF
FY2021Filed with the IRS Sep 23, 2022 $451K$135K$316K$783K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $245K$129K$116K$467K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $433,260 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $254,965$234,446
I-9 Program service revenuePrior year $6,000$6,700
I-10 Investment income$13,805
I-11 Other revenuePrior year $189,951$178,309
I-12 Total revenuePrior year $450,916$433,260
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $33,150$59,410
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $101,680$137,718
I-18 Total expensesPrior year $134,830$197,128
I-19 Revenue less expensesPrior year $316,086$236,132
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $433,260 across 7 lines filed
Lines not itemized here account for $181,329 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$234,446
VIII-1h Total contributions, gifts and grants$234,446
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $6,700$6,700
VIII-7 Net gain or loss on sales of assetsRelated to mission $13,805$13,805
VIII-8 Net income from fundraising events−$4,001
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $981$981
VIII-12 Total revenueRelated to mission $196,115 · Excluded from tax $6,700$433,260
Part IX · Statement of functional expenses $197,128 across 13 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $24,800$24,800
IX-7 Other salaries and wagesPrograms $24,883$24,883
IX-10 Payroll taxesPrograms $9,727$9,727
IX-11b Legal feesManagement $2,405$2,405
IX-11c Accounting feesManagement $3,600$3,600
IX-12 Advertising and promotionPrograms $4,678$4,678
IX-13 Office expensesManagement $333$333
IX-16 OccupancyPrograms $24,544 · Management $8,182$32,726
IX-17 TravelPrograms $1,620$1,620
IX-22 Depreciation, depletion and amortizationPrograms $19,271$19,271
IX-23 InsurancePrograms $625 · Management $9,975$10,600
IX-24 Other expenses (24a–d)Programs $16,419 · Management $24,665$41,084
IX-24e All other expensesPrograms $9,751 · Management $11,650$21,401
IX-25 Total functional expensesPrograms $136,318 · Management $60,810 · Fundraising $0$197,128
Part X · Balance sheet $1,036,496 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $453,125$204,838
X-10c Land, buildings and equipment, netStart of year $271,021$299,468
X-15 Other assetsStart of year $65,470$532,190
X-16 Total assetsStart of year $789,616$1,036,496
X-17 Accounts payable and accrued expensesStart of year $6,906$17,654
X-26 Total liabilitiesStart of year $6,906$17,654
X-27 Net assets without donor restrictionsStart of year $782,710$1,018,842
X-32 Total net assets or fund balancesStart of year $782,710$1,018,842
X-33 Total liabilities and net assetsStart of year $789,616$1,036,496
Part XI · Reconciliation of net assets $1,018,842 net assets at year end
XI-1 Total revenue$433,260
XI-2 Total expenses$197,128
XI-3 Revenue less expenses$236,132
XI-4 Net assets at start of year$782,710
XI-10 Net assets at end of year$1,018,842

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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