Grace Resource Center INC FY2020 filing

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To provide food, shelter, clothing, medical assistance and other immediate need to the thousands of needy and homeless people living in our area.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-4309251) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$62K 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

FY2020 · 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
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $147K a year · 15% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
71% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$62K
to officers and key staff · 7% of spending
Pay to officers and key staff is 7% of spending.
Part VII, Section A
6.7 mo
of spending, in cash
6.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $13K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$135K
14% of total assets
Liabilities are 14% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.1M
Spent
$832K
To programs
71%
Net assets
$845K
By yearFY2020–FY2024
Revenue
$1.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$727K
FY2023$974K
FY2024$839K
Expenses
$832K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$832K
FY2021$882K
FY2022$738K
FY2023$825K
FY2024$831K
Net assets
$845K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$845K
FY2021$866K
FY2022$854K
FY2023$1.0M
FY2024$1.0M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1991.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $591K Management & general 29% · $241K

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

4 people listed on the 990; $62K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Exec Director
$61,975Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Jeremy Johnson’s $81K as Executive Dir. is at the 71st percentile of top reported officer pay among 852 $100K–1M housing 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

NameFY2024FY2023FY2022FY2021FY2020
Steven Baker———$92,707—
Jeremy Johnson$80,800$69,658$66,685$59,740$61,975

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 Resource Center 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 food, shelter, clothing, and medical help to local homeless and needy people.

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3 programs · $832K · in their own filed words · FY2020
01

Solicit donations to provide services and financial aide for those

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-4309251) · Dispute this line
$812Kprogram expense
02

Conducted community fund raisers to generate additional income.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-4309251) · Dispute this line
$12Kprogram expense
03

Solicit grants to support programs

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-4309251) · Dispute this line
$8Kprogram 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
Total grants receivedfrom 1 funder$13K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.1M
Money outPt IX
$832K
Ln 25
Programscol B$591K
Managementcol C$241K
Owns and owesPt X
$845K
net assets · Ln 32
Cash and savingsLn 1–2$461K
Total assetsLn 16$979K
LiabilitiesLn 26$135K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$461K
Cash and savings togetherLn 1–2$461K
Land, buildings, equipmentLn 10c$518K
Total assetsLn 16$979K
LiabilitiesLn 26$135K
Net assetsLn 32$845K
OperationsPt I, VI
EmployeesI 511
VolunteersI 6550
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$163K$461K
Land, buildings, equipmentLn 10c$457K$518K
Total assetsLn 16$620K$979K
LiabilitiesLn 26$146K$135K
Net assetsLn 32$474K$845K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8K$8K
Pay of officers and key staff (Part IX, line 5)Ln 5$62K$62K
Other salaries and wagesLn 7$352K$183K$169K
Pension plan contributionsLn 8$3K$3K
Payroll taxesLn 10$40K$21K$19K
Accounting feesLn 11c$7K$7K
Advertising and promotionLn 12$11K$11K
Office expensesLn 13$15K$13K$2K
OccupancyLn 16$90K$76K$13K
Conferences, conventions and meetingsLn 19$95$95
InterestLn 20$7K$7K
InsuranceLn 23$143K$122K$22K
Other expenses (24a–d)Ln 24$12K$12K$386
All other expensesLn 24e$79K$71K$8K
Total functional expensesLn 25$832K$591K$241K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $839K$831K$7K$1.0M 990 PDF
FY2023Filed with the IRS May 15, 2024 $974K$825K$150K$1.0M 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $727K$738K−$12K$854K 990 PDF
FY2021Filed with the IRS Jan 18, 2023 $1.2M$882K$342K$866K 990 PDF
FY2020 ViewingFiled with the IRS Apr 19, 2021 $1.1M$832K$246K$845K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $1,077,883 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $985,347$1,077,883
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $985,347$1,077,883
I-13 Grants and similar amounts paidPrior year $12,466$8,483
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $462,805$457,213
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $399,854$366,071
I-18 Total expensesPrior year $875,125$831,767
I-19 Revenue less expensesPrior year $110,222$246,116
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $1,077,883 across 4 lines filed
VIII-1f All other contributions, gifts and grants$1,037,845
VIII-1h Total contributions, gifts and grants$1,077,883
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$1,077,883
Part IX · Statement of functional expenses $831,767 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $8,483$8,483
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $61,975$61,975
IX-7 Other salaries and wagesPrograms $183,190 · Management $169,098$352,288
IX-8 Pension plan contributionsPrograms $2,764$2,764
IX-10 Payroll taxesPrograms $20,897 · Management $19,289$40,186
IX-11c Accounting feesManagement $6,750$6,750
IX-12 Advertising and promotionPrograms $11,470$11,470
IX-13 Office expensesPrograms $13,147 · Management $2,320$15,467
IX-16 OccupancyPrograms $76,491 · Management $13,499$89,990
IX-19 Conferences, conventions and meetingsManagement $95$95
IX-20 InterestPrograms $7,426$7,426
IX-23 InsurancePrograms $121,879 · Management $21,508$143,387
IX-24 Other expenses (24a–d)Programs $11,979 · Management $386$12,365
IX-24e All other expensesPrograms $71,138 · Management $7,983$79,121
IX-25 Total functional expensesPrograms $590,839 · Management $240,928 · Fundraising $0$831,767
Part X · Balance sheet $979,335 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $163,486$461,466
X-10c Land, buildings and equipment, netStart of year $456,613$517,869
X-16 Total assetsStart of year $620,099$979,335
X-23 Secured mortgages and notes payableStart of year $140,411$134,826
X-25 Other liabilitiesStart of year $5,296$1
X-26 Total liabilitiesStart of year $145,707$134,827
X-27 Net assets without donor restrictionsStart of year $474,392$844,508
X-32 Total net assets or fund balancesStart of year $474,392$844,508
X-33 Total liabilities and net assetsStart of year $620,099$979,335
Part XI · Reconciliation of net assets $844,508 net assets at year end
XI-1 Total revenue$1,077,883
XI-2 Total expenses$831,767
XI-3 Revenue less expenses$246,116
XI-4 Net assets at start of year$474,392
XI-10 Net assets at end of year$844,508

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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