Grace And Peace Full Gospel Church
Grace And Peace Full Gospel Church reports zero revenue and assets in its latest filing, raising questions about its current operations.
EIN: 203581070 · Anchorage, AK · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $194K |
| Program Spending | 80% |
| Net Assets | $536K |
| Transparency Score | 60/100 |
Is Grace And Peace Full Gospel Church Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grace And Peace Full Gospel Church directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grace And Peace Full Gospel Church
Grace And Peace Full Gospel Church (EIN: 203581070) is a nonprofit organization based in Anchorage, AK, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace And Peace Full Gospel Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace And Peace Full Gospel Church is a small nonprofit that has been operating for 19 years, with 4 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -10.4%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $194K |
| Surplus / Deficit | +$29K |
| Total Assets | $1.4M |
| Total Liabilities | $840K |
| Net Assets | $536K |
| Operating Margin | 12.9% |
| Debt-to-Asset Ratio | 61.0% |
| Months of Reserves | 85.0 months |
Financial Health Grade: A
In 2017, Grace And Peace Full Gospel Church reported a surplus of $29K with revenue exceeding expenses, holds 85.0 months of operating reserves (strong position), has a debt-to-asset ratio of 61.0% (high leverage).
Financial Trends
Over 4 years of filings (2011–2017), Grace And Peace Full Gospel Church's revenue has declined at a compound annual growth rate (CAGR) of -10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +27.2% | +31.8% | +0.0% |
| 2016 | -48.2% | -53.1% | +4.8% |
| 2012 | -21.7% | -23.1% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grace And Peace Full Gospel Church with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Grace And Peace Full Gospel Church allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.0%.
Executive Compensation Analysis
Grace And Peace Full Gospel Church consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits were paid to officers, which is a strong positive for financial transparency and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Grace And Peace Full Gospel Church's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential operational cessation or significant financial distress.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits full spending efficiency analysis.
Strengths
The following positive indicators were identified for Grace And Peace Full Gospel Church:
- Consistent reporting of 0% officer compensation across all filings, indicating strong transparency regarding executive pay.
- Historically maintained a healthy financial surplus, with revenues exceeding expenses in all reported periods prior to the latest filing.
Frequently Asked Questions about Grace And Peace Full Gospel Church
Is Grace And Peace Full Gospel Church a legitimate charity?
Grace And Peace Full Gospel Church (EIN: 203581070) is a registered tax-exempt nonprofit based in Alaska. Our AI analysis gives it a Mission Score of 60/100. It has 4 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Grace And Peace Full Gospel Church spend its money?
Grace And Peace Full Gospel Church directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Grace And Peace Full Gospel Church tax-deductible?
Grace And Peace Full Gospel Church is registered as a tax-exempt nonprofit (EIN: 203581070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Grace And Peace Full Gospel Church's spending goes to programs?
Grace And Peace Full Gospel Church directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Grace And Peace Full Gospel Church compare to similar nonprofits?
With a transparency score of 60/100 (Good), Grace And Peace Full Gospel Church is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grace And Peace Full Gospel Church located?
Grace And Peace Full Gospel Church is headquartered in Anchorage, Alaska and files with the IRS under EIN 203581070. It is classified under NTEE code X20.
How many years of IRS 990 filings does Grace And Peace Full Gospel Church have?
Grace And Peace Full Gospel Church has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Why does the latest filing show $0 in revenue and assets?
The latest IRS 990 filing for Grace And Peace Full Gospel Church indicates $0 in both revenue and assets. This is a significant change from previous years where revenue ranged from $175,268 to $431,929 and assets were over $1.2 million. This could suggest the organization has ceased operations, is undergoing a significant restructuring, or there was an error in the filing. Further investigation into the organization's current status would be necessary.
What is the organization's current operational status?
Given the $0 revenue and assets in the latest filing, the organization's current operational status is unclear. Historically, it was an active entity with significant assets and revenue. The current data suggests it may be dormant or no longer actively operating as it once did.
How did the organization manage its finances in prior years?
In prior years, Grace And Peace Full Gospel Church demonstrated sound financial management, consistently generating more revenue than expenses. For example, in 2017, it had a surplus of $28,668 ($222,947 revenue - $194,279 expenses). Assets were also consistently over $1.2 million, indicating a stable financial base during those periods.
Filing History
IRS 990 filing history for Grace And Peace Full Gospel Church showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2017), Grace And Peace Full Gospel Church's revenue has declined by 48.4%, moving from $432K to $223K. Total assets increased by 8.4% over the same period, from $1.3M to $1.4M. Total functional expenses fell by 52.5%, from $409K to $194K. In its most recent filing year (2017), Grace And Peace Full Gospel Church reported a surplus of $29K, with revenue exceeding expenses. The organization holds $840K in liabilities against $1.4M in assets (debt-to-asset ratio: 61.0%), resulting in net assets of $536K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $223K | $194K | $1.4M | $840K | — | View 990 |
| 2016 | $175K | $147K | $1.4M | $869K | — | View 990 |
| 2012 | $338K | $314K | $1.3M | $1.0M | — | View 990 |
| 2011 | $432K | $409K | $1.3M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $223K, expenses of $194K, and assets of $1.4M (revenue +27.2% year-over-year).
- 2016: Revenue of $175K, expenses of $147K, and assets of $1.4M (revenue -48.2% year-over-year).
- 2012: Revenue of $338K, expenses of $314K, and assets of $1.3M (revenue -21.7% year-over-year).
- 2011: Revenue of $432K, expenses of $409K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace And Peace Full Gospel Church:
Data Sources and Methodology
This transparency report for Grace And Peace Full Gospel Church is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.