Serving Grace EIN 84-2797978 Form 990 (PDF) Claim this org

Serving Grace

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Serving Grace is a religious organization based in Alexandria, LA, formed in 2020. For fiscal year 2025 it reported $235K in revenue, $122K in expenses, and $8K in net assets.Pt I

Founded
2020
Type
Religious organization · Religion
Location
Alexandria, LA
Filings
5 on file (2021–2025)
Revenue
$235KFY2025
Expenses
$122K
Net assets
$8K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-2797978 Religious organization Alexandria, LA Founded 2020
Form 990 (PDF)
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Size
$100K–1M
What they do
a religious organization
Leadership
Brad Webb · President
Money in and out
$235K revenue, $122K expenses
Bottom line
28% program efficiency
Where the money goes · FY2025
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$122K
Pt IX · Ln 25
Net assets
$8K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $113K
Where spending went · Part IX cols B–D
Program services $0.28 Management & general $0.72
Program efficiency
28%
of spending reaches programs
Operating runway
0.5mo
months of highly liquid reserves at operating expense rate▲ +67% vs prior filing year
Surplus margin
+48%
revenue over expenses, this year▲ ×190 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$235K
FY2025▲ +19%
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$122K
Pt IX · Ln 25
Net assets
$8K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$113K
Total assetsPt X · Ln 16$29K
Program-expense ratioPt IX · col B28%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $160K of program spending, described in the organization's own filed words · FY2025.
01

Xchange is a ministry that creates an environment where people share struggles, find healing, encouragement, and strength in one another as they find Gods plan together. No matter what has happened to someone in life there can be healing from every hurt, hangup, or bad habit.

$124Kprogram expense
02

Cultivate / Cultivate ESL provides afterschool academic enrichment for children and weekly Adult Literacy and English as a Second Language classes for adults. The program helps students strengthen core academic skills and supports adult learners in improving reading, writing, and English proficiency.

$29Kprogram expense
03

Home Buyers Club offers first-time homebuyers an opportunity to learn and walk through the home buying process with Red River Bank. The participants are committed to a 12-month partnership and can see what grants, loans, and other monies they qualify for.

$7Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CServing Grace
EINHdr · item D84-2797978
Principal addressHdr · item CAlexandria, LA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2020
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X99)
Ruling yearIRS BMFMar 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$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
Program service revenue$166K · 71%
Contributions & grants$69K · 29%
Program service revenue71%$166K
Contributions & grants29%$69K
Investment income$316
Total revenueLn 12$235K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.28 Management & general $0.72
Program services28%$34K
Management & general72%$88K
Total functional expensesLn 25$122K

Balance Sheet

Part X · end of year
CashLn 1$5K
Total assetsLn 16$29K
Total liabilitiesLn 26$21K
Total net assetsLn 32$8K
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5K · Operating expenses (Pt IX) $122K · Less non-cash grants $5K · Cash operating expenses/yr $116K
0.5 months
Where the money goes
Program services
Program services $34K · Total expenses $122K
28%
Management & General
Management & general $88K · Total expenses $122K
72%
Fundraising
Fundraising $0 · Total expenses $122K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $69K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $69K · Total revenue $235K
29%
Government reliance
Government grants $0 · Total revenue $235K
0%
Earned-income share
Program service revenue $166K · Total revenue $235K
71%
Investment reliance
Investment income $316 · Total revenue $235K
+0.1%
Program self-sufficiency
Program service revenue $166K · Total expenses $122K
136%
Growth & trend
Revenue growth (YoY)
This year $235K · Prior year $196K
+19%
Revenue CAGR
FY2021 $88K · FY2025 $235K
+28%
Net-asset trend (YoY)
End of year $8K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $235K · Expenses $122K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $29K
Net-asset ratio
Net assets $8K · Total assets $29K
28%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $29K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brad Webb · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $122K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $40K · Total expenses $122K
33%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 28%
Overhead ratio 72%
Revenue growth 19%

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 · FY2024
Total grants receivedfrom 1 funder$12K

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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)$235K revenue · viewing · ⤓ 990 PDF
FY2024$196K revenue · ⤓ 990 PDF
FY2023$156K revenue · ⤓ 990 PDF
FY2022$118K revenue · ⤓ 990 PDF
FY2021$88K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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