Grace Restoration Home Inc
EIN: 453955402 · Mahwah, NJ · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $156K |
| Net Assets | $11K |
Is Grace Restoration Home Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grace Restoration Home Inc
Grace Restoration Home Inc (EIN: 453955402) is a nonprofit organization based in Mahwah, NJ, classified under NTEE code P30. The organization reported total revenue of $169K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Restoration Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace Restoration Home Inc is a small nonprofit that has been operating for 13 years, with 4 years of IRS 990 filings on record (2021–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $156K |
| Surplus / Deficit | +$13K |
| Total Assets | $12K |
| Total Liabilities | $2K |
| Net Assets | $11K |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 12.5% |
| Months of Reserves | 0.9 months |
Financial Health Grade: A
In 2024, Grace Restoration Home Inc reported a surplus of $13K with revenue exceeding expenses, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 12.5% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.6% | -11.9% | +250.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grace Restoration Home Inc 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 Restoration Home Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.5%.
Frequently Asked Questions about Grace Restoration Home Inc
Is Grace Restoration Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace Restoration Home Inc (EIN: 453955402) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grace Restoration Home Inc spend its money?
Detailed spending breakdown data is not yet available for Grace Restoration Home Inc. Check back for updated IRS 990 analysis.
Are donations to Grace Restoration Home Inc tax-deductible?
Grace Restoration Home Inc is registered as a tax-exempt nonprofit (EIN: 453955402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grace Restoration Home Inc located?
Grace Restoration Home Inc is headquartered in Mahwah, New Jersey and files with the IRS under EIN 453955402. It is classified under NTEE code P30.
How many years of IRS 990 filings does Grace Restoration Home Inc have?
Grace Restoration Home Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $169K in total revenue.
Filing History
IRS 990 filing history for Grace Restoration Home Inc showing financial trends over 4 years of public records:
Total assets increased by 1201500% over the same period, from $1 to $12K. In its most recent filing year (2024), Grace Restoration Home Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $2K in liabilities against $12K in assets (debt-to-asset ratio: 12.5%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $169K | $156K | $12K | $2K | — | — |
| 2023 | $166K | $177K | $3K | $6K | — | View 990 |
| 2022 | $0 | $0 | $1 | $0 | — | View 990 |
| 2021 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $169K, expenses of $156K, and assets of $12K (revenue +1.6% year-over-year).
- 2023: Revenue of $166K, expenses of $177K, and assets of $3K.
- 2022: Revenue of $0, expenses of $0, and assets of $1.
- 2021: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace Restoration Home Inc:
Data Sources and Methodology
This transparency report for Grace Restoration Home Inc 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.