Learning Center and day care

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$42K 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

FY2021 · 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
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $196K a year · 16% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$42K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 7.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $195
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
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
$1.1M
+26% vs prior year
Spent
$805K
To programs
100%
Net assets
$493K
By yearFY2020–FY2023
Revenue
$1.1M
FY2021▲ +26%
Tap a bar for its year
Revenue by fiscal year
FY2020$844K
FY2021$1.1M
FY2022$1.2M
FY2023$1.8M
Expenses
$805K
FY2021▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$725K
FY2021$805K
FY2022$1.2M
FY2023$1.4M
Net assets
$493K
FY2021▲ +109%
Tap a bar for its year
Net assets by fiscal year
FY2020$235K
FY2021$493K
FY2022$708K
FY2023$1.1M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Aug 2018.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $805K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $42K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$42,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President Director
$0Pt VII · Sec A
Treasurer Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Annette Collins’s $52K as Executive Director is at the 5th percentile of top reported officer pay among 3869 $1–10M human services 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

NameFY2023FY2021FY2020
Annette Collins$51,884$42,000$42,000

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 Gods Grace Learning Center executive salaries →

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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 15aYes

Programs and updates

Gods Grace Learning Center is a human services nonprofit based in Magnolia, TX.

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Provided by the organization

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1 program · $805K · in their own filed words · FY2021
01

Early learning school and day care for 200 students per day

$805Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$195

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$866K
Gifts and grantsLn 1h$196K
Investment incomeLn 3$46
Money outPt IX
$805K
Ln 25
Programscol B$805K
Owns and owesPt X
$493K
net assets · Ln 32
Cash and savingsLn 1–2$493K
Total assetsLn 16$493K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$196K
Government grantsLn 1e$185K
Fundraising eventsLn 1c$10K
Fees for servicesLn 2g$866K
Investment incomeLn 3$46
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$28K
SavingsLn 2$465K
Cash and savings togetherLn 1–2$493K
Total assetsLn 16$493K
LiabilitiesLn 26$0
Net assetsLn 32$493K
OperationsPt I, VI
EmployeesI 553
VolunteersI 65
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 FY21End FY21
Cash and savingsLn 1–2$235K$493K
Total assetsLn 16$235K$493K
LiabilitiesLn 26$0$0
Net assetsLn 32$235K$493K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$42K$42K
Other salaries and wagesLn 7$520K$520K
Other employee benefitsLn 9$40K$40K
Payroll taxesLn 10$37K$37K
Legal feesLn 11b$1K$1K
Office expensesLn 13$4K$4K
Information technologyLn 14$880$880
OccupancyLn 16$44K$44K
InsuranceLn 23$21K$21K
Other expenses (24a–d)Ln 24$69K$69K
All other expensesLn 24e$23K$23K
Total functional expensesLn 25$805K$805K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $1.8M$1.4M$373K$1.1M 990 PDF
FY2022 $1.2M$1.2M$36K$708K 990 PDF
FY2021 Viewing $1.1M$805K$257K$493K 990 PDF
FY2020 $844K$725K$119K$235K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,061,915 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $195,753$195,753
I-9 Program service revenuePrior year $866,115$866,116
I-10 Investment incomePrior year $46$46
I-11 Other revenue$0
I-12 Total revenuePrior year $1,061,914$1,061,915
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $562,255$640,016
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $242,315$164,554
I-18 Total expensesPrior year $804,570$804,570
I-19 Revenue less expensesPrior year $257,344$257,345
Part VI · Governance 6 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,061,915 across 6 lines filed
VIII-1c Fundraising events$10,500
VIII-1e Government grants$185,253
VIII-1h Total contributions, gifts and grants$195,753
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $866,116$866,116
VIII-3 Investment incomeRelated to mission $46$46
VIII-12 Total revenueRelated to mission $866,162 · Unrelated business $0 · Excluded from tax $0$1,061,915
Part IX · Statement of functional expenses $804,570 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $42,000$42,000
IX-7 Other salaries and wagesPrograms $520,255$520,255
IX-9 Other employee benefitsPrograms $40,427$40,427
IX-10 Payroll taxesPrograms $37,334$37,334
IX-11b Legal feesPrograms $1,306$1,306
IX-13 Office expensesPrograms $4,251$4,251
IX-14 Information technologyPrograms $880$880
IX-16 OccupancyPrograms $44,479$44,479
IX-23 InsurancePrograms $21,194$21,194
IX-24 Other expenses (24a–d)Programs $69,407$69,407
IX-24e All other expensesPrograms $23,037$23,037
IX-25 Total functional expensesPrograms $804,570 · Management $0 · Fundraising $0$804,570
Part X · Balance sheet $492,559 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $20,214$27,559
X-2 Savings and temporary cash investmentsStart of year $215,000$465,000
X-16 Total assetsStart of year $235,214$492,559
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $235,214$492,559
X-32 Total net assets or fund balancesStart of year $235,214$492,559
X-33 Total liabilities and net assetsStart of year $235,214$492,559
Part XI · Reconciliation of net assets $492,559 net assets at year end
XI-1 Total revenue$1,061,915
XI-2 Total expenses$804,570
XI-3 Revenue less expenses$257,345
XI-4 Net assets at start of year$235,214
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$492,559

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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