The Grace Network FY2024 filing

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Through a Network of over 200 schools throughout chicago, the Grace Network supports thousands of students facing hygiene insecurity.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 88-1206758) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
FY2026
latest Form 990
The latest return is for FY2026, this tax year.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $93K a year · 25% of revenue · last 3 filings
A surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
93%
of spending
93% of spending went to programs.
Pt IX · Ln 25 · col B
5.6 mo
of spending, in cash
5.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $64K
4 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$44K
27% of total assets
Liabilities are 27% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$318K
+217% vs prior year
Spent
$253K
To programs
93%
Net assets
$119K
By yearFY2023–FY2026
Revenue
$318K
FY2024▲ +217%
Tap a bar for its year
Revenue by fiscal year
FY2023$100K
FY2024$318K
FY2025$348K
FY2026$444K
Expenses
$253K
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2023Not on file
FY2024$253K
FY2025$265K
FY2026$313K
Net assets
$119K
FY2024▲ +121%
Tap a bar for its year
Net assets by fiscal year
FY2023$54K
FY2024$119K
FY2025$203K
FY2026$334K

From the FY2024 Form 990 (year ending February 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Sep 2022.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $234K Management & general 5% · $13K Fundraising 2% · $6K

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

8 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See The Grace Network 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provide students in need with essential health and hygiene items through school partnerships.

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1 program · $234K · in their own filed words · FY2023
01

Provide basic health and hygiene items to students lacking access to basic necessities

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 88-1206758) · Dispute this line
$234Kprogram 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 · FY2024
See all 4 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$318K
Ln 12
Gifts and grantsLn 1h$316K
Other incomeLn 4–11$2K
Money outPt IX
$253K
Ln 25
Programscol B$234K
Managementcol C$13K
Fundraisingcol D$6K
Owns and owesPt X
$119K
net assets · Ln 32
Cash and savingsLn 1–2$119K
Total assetsLn 16$163K
LiabilitiesLn 26$44K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$316K
Noncash giftsLn 1g$116K
Other incomeLn 4–11$2K
Total revenueLn 12$318K
Assets in detailPt X, end of year
CashLn 1$119K
Cash and savings togetherLn 1–2$119K
Other assetsLn 15$44K
Total assetsLn 16$163K
LiabilitiesLn 26$44K
Net assetsLn 32$119K
OperationsPt I, VI
EmployeesI 51
VolunteersI 610
Fiscal year endsHeaderFebruary
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$111K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$54K$119K
Total assetsLn 16$54K$163K
LiabilitiesLn 26$0$44K
Net assetsLn 32$54K$119K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$498$498
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$11K$11K
Office expensesLn 13$273$273
OccupancyLn 16$3K$3K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$227K$222K$40$6K
All other expensesLn 24e$7K$5K$2K
Total functional expensesLn 25$253K$234K$13K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 LatestFiled with the IRS Aug 26, 2026 $444K$313K$131K$334K 990 PDF
FY2025Filed with the IRS Sep 2, 2025 $348K$265K$84K$203K 990 PDF
FY2024 ViewingFiled with the IRS Oct 7, 2024 $318K$253K$65K$119K 990 PDF
FY2023Filed with the IRS Jul 12, 2023 $100K$54K 990 PDF

Schedules filed Part IV

A · Public support I · Grants M · Noncash O · Explanations
See the full FY2024 990
Part I · Summary $318,006 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $100,331$315,846
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$2,160
I-12 Total revenuePrior year $100,331$318,006
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $46,545$252,864
I-18 Total expensesPrior year $46,545$252,864
I-19 Revenue less expensesPrior year $53,786$65,142
Part VI · Governance 8 of 8 board members independent, 5 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $318,006 across 5 lines filed
VIII-1f All other contributions, gifts and grants$315,846
VIII-1g Noncash contributions (included above)$116,249
VIII-1h Total contributions, gifts and grants$315,846
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,160$2,160
VIII-12 Total revenueRelated to mission $2,160 · Unrelated business $0 · Excluded from tax $0$318,006
Part IX · Statement of functional expenses $252,864 across 8 lines filed
IX-11c Accounting feesManagement $498$498
IX-11g Other fees for servicesPrograms $3,022$3,022
IX-12 Advertising and promotionManagement $10,561$10,561
IX-13 Office expensesManagement $273$273
IX-16 OccupancyPrograms $3,251$3,251
IX-23 InsurancePrograms $1,382$1,382
IX-24 Other expenses (24a–d)Programs $221,515 · Management $40 · Fundraising $5,667$227,222
IX-24e All other expensesPrograms $5,084 · Management $1,571$6,655
IX-25 Total functional expensesPrograms $234,254 · Management $12,943 · Fundraising $5,667$252,864
Part X · Balance sheet $163,269 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $53,786$119,051
X-15 Other assetsStart of year $0$44,218
X-16 Total assetsStart of year $53,786$163,269
X-25 Other liabilitiesStart of year $0$44,341
X-26 Total liabilitiesStart of year $0$44,341
X-27 Net assets without donor restrictionsStart of year $53,786$118,928
X-32 Total net assets or fund balancesStart of year $53,786$118,928
X-33 Total liabilities and net assetsStart of year $53,786$163,269
Part XI · Reconciliation of net assets $118,928 net assets at year end
XI-1 Total revenue$318,006
XI-2 Total expenses$252,864
XI-3 Revenue less expenses$65,142
XI-4 Net assets at start of year$53,786
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$118,928

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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