Grace Roots EIN 81-3541584 Form 990 (PDF) Claim this org

Grace Roots FY2022 filing

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Provides services for opiate and high-risk drug dependent individuals to promote community health and safety. For fiscal year 2022 it reported $573K in revenue, $18K in expenses, and $558K in net assets.Pt I

Type
Public charity (501(c)(3)) · Mental Health
Location
Grants Pass, OR
Website
grace-roots.org
Filings
4 on file (2022–2022)
Revenue
$573KFY2022
Expenses
$18K
Net assets
$558K
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  81-3541584 Public charity (501(c)(3)) Grants Pass, OR
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides services for opiate and high-risk drug dependent individuals to promote community health and safety.
Leadership
Jay Meredith · Treasurer/Sec. · $2K
Money in and out
$573K revenue, $18K expenses
Bottom line
91% program efficiency
Where the money goes · FY2022
Total revenue
$573K
Pt VIII · Ln 12
Total expenses
$18K
Pt IX · Ln 25
Net assets
$558K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $556K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Operating runway
170.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+97%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$573K
FY2022
Expenses
$18K
FY2022
Total assets
$815K
FY2022
Total liabilities
$257K
FY2022
Total revenue
$573K
Pt VIII · Ln 12
Total expenses
$18K
Pt IX · Ln 25
Net assets
$558K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$556K
Total assetsPt X · Ln 16$815K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGrace Roots
EINHdr · item D81-3541584
Principal addressHdr · item CGrants Pass, OR
WebsiteHdr · item Jgrace-roots.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F20)
Ruling yearIRS BMFJan 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer/Sec.
$2,000Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jay Meredith’s $6K as Treasurer/Sec. is at the 3rd percentile of top reported officer pay among 2082 $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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Jay Meredith$6,000$6,000$6,000$2,000
Crystal Lee$5,100

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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Mission & Programs · Part III

Where the work happens

1 program service account for $16K of program spending, described in the organization's own filed words · FY2022.
01

In 2022 Grace Roots was a recipient of a large grant from the Oregon Health Authority to launch our new Hope Home program. Hope Home is a Supportive/Transitional Housing program for pregnant women with substance use challenges.

$16Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$573K
Investment income$96
— government grantsLn 1e$573K
Total revenueLn 12$573K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$16K
Management & general9%$2K
Total functional expensesLn 25$18K

Balance Sheet

Part X · end of year
CashLn 1$250K
Total assetsLn 16$815K
Total liabilitiesLn 26$257K
Total net assetsLn 32$558K
Months of cash on handcomputed170.6

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $250K · Operating expenses/yr $18K
170.6 months
Where the money goes
Program services
Program services $16K · Total expenses $18K
91%
Management & General
Management & general $2K · Total expenses $18K
9%
Fundraising
Fundraising $0 · Total expenses $18K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $573K · Total revenue $573K
100%
Government reliance
Government grants $573K · Total revenue $573K
100%
Earned-income share
Program service revenue $0 · Total revenue $573K
0%
Investment reliance
Investment income $96 · Total revenue $573K
+0.02%
Program self-sufficiency
Program service revenue $0 · Total expenses $18K
0%
Growth & trend
Revenue growth (YoY)
This year $573K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $558K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $573K · Expenses $18K
+97%
Liabilities-to-Assets
Total liabilities — · Total assets $815K
Net-asset ratio
Net assets $558K · Total assets $815K
69%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $815K
0%
People & payroll
Highest Reported Total Compensation
Individual Jay Meredith · Reported title Treasurer/Sec. · Highest reported compensation $2K · Total expenses $18K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $7K · Total expenses $18K
38%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$8K

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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
FY2025 (Latest)$374K revenue · ⤓ 990 PDF
FY2024$585K revenue · ⤓ 990 PDF
FY2023$470K revenue · ⤓ 990 PDF
FY2022$573K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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