Grace Initiative Global
EIN: 811195310 · Dorset, VT · NTEE: Q20
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $185K |
| Net Assets | $-8,381 |
Is Grace Initiative Global Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grace Initiative Global
Grace Initiative Global (EIN: 811195310) is a nonprofit organization based in Dorset, VT, classified under NTEE code Q20. The organization reported total revenue of $191K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Initiative Global's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace Initiative Global is a small nonprofit that has been operating for 7 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $185K |
| Surplus / Deficit | $-38,752 |
| Total Assets | $61K |
| Total Liabilities | $70K |
| Net Assets | $-8,381 |
| Operating Margin | -26.5% |
| Debt-to-Asset Ratio | 113.6% |
| Months of Reserves | 4.0 months |
Financial Health Grade: C
In 2023, Grace Initiative Global reported a deficit of $39K with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 113.6% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grace Initiative Global has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grace Initiative Global with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 113.6%.
Frequently Asked Questions about Grace Initiative Global
Is Grace Initiative Global a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace Initiative Global (EIN: 811195310) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grace Initiative Global spend its money?
Detailed spending breakdown data is not yet available for Grace Initiative Global. Check back for updated IRS 990 analysis.
Are donations to Grace Initiative Global tax-deductible?
Grace Initiative Global is registered as a tax-exempt nonprofit (EIN: 811195310). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grace Initiative Global located?
Grace Initiative Global is headquartered in Dorset, Vermont and files with the IRS under EIN 811195310. It is classified under NTEE code Q20.
Filing History
IRS 990 filing history for Grace Initiative Global showing financial trends over 1 year of public records:
In its most recent filing year (2023), Grace Initiative Global reported a deficit of $39K, with expenses exceeding revenue. The organization holds $70K in liabilities against $61K in assets (debt-to-asset ratio: 113.6%), resulting in net assets of $-8,381.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $146K | $185K | $61K | $70K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace Initiative Global:
Data Sources and Methodology
This transparency report for Grace Initiative Global 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.