Led By Grace Inc
EIN: 832866652 · Broussard, LA · NTEE: W12
| Metric | Value |
|---|---|
| Total Revenue | $36K |
| Total Expenses | $18K |
| Net Assets | $116K |
Is Led By Grace Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Led By Grace Inc
Led By Grace Inc (EIN: 832866652) is a nonprofit organization based in Broussard, LA, classified under NTEE code W12. The organization reported total revenue of $36K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Led By Grace Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Led By Grace Inc is a micro nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -28.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $18K |
| Surplus / Deficit | +$14K |
| Total Assets | $116K |
| Net Assets | $116K |
| Operating Margin | 43.2% |
| Months of Reserves | 77.9 months |
Financial Health Grade: A
In 2023, Led By Grace Inc reported a surplus of $14K with revenue exceeding expenses, holds 77.9 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Led By Grace Inc's revenue has declined at a compound annual growth rate (CAGR) of -28.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.0% | -67.6% | +13.3% |
| 2022 | +58.3% | +176.6% | -6.8% |
| 2021 | -9.3% | -26.5% | +10.2% |
| 2020 | -72.5% | -0.5% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Led By Grace 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 Led By Grace 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Frequently Asked Questions about Led By Grace Inc
Is Led By Grace Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Led By Grace Inc (EIN: 832866652) insufficient data. 0 red flags identified, 0 strengths noted.
How does Led By Grace Inc spend its money?
Detailed spending breakdown data is not yet available for Led By Grace Inc. Check back for updated IRS 990 analysis.
Are donations to Led By Grace Inc tax-deductible?
Led By Grace Inc is registered as a tax-exempt nonprofit (EIN: 832866652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Led By Grace Inc located?
Led By Grace Inc is headquartered in Broussard, Louisiana and files with the IRS under EIN 832866652. It is classified under NTEE code W12.
How many years of IRS 990 filings does Led By Grace Inc have?
Led By Grace Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $36K in total revenue.
Filing History
IRS 990 filing history for Led By Grace Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Led By Grace Inc's revenue has declined by 74%, moving from $121K to $31K. Total assets increased by 23.9% over the same period, from $94K to $116K. Total functional expenses fell by 34.4%, from $27K to $18K. In its most recent filing year (2023), Led By Grace Inc reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $18K | $116K | $0 | — | — |
| 2022 | $48K | $55K | $102K | $0 | — | — |
| 2021 | $30K | $20K | $110K | $0 | — | View 990 |
| 2020 | $33K | $27K | $100K | $0 | — | View 990 |
| 2019 | $121K | $27K | $94K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $18K, and assets of $116K (revenue -34.0% year-over-year).
- 2022: Revenue of $48K, expenses of $55K, and assets of $102K (revenue +58.3% year-over-year).
- 2021: Revenue of $30K, expenses of $20K, and assets of $110K (revenue -9.3% year-over-year).
- 2020: Revenue of $33K, expenses of $27K, and assets of $100K (revenue -72.5% year-over-year).
- 2019: Revenue of $121K, expenses of $27K, and assets of $94K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Led By Grace Inc:
Data Sources and Methodology
This transparency report for Led By Grace 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.