Saved By Grace 501
EIN: 815114917 · Sheridan, WY · NTEE: J30
| Metric | Value |
|---|---|
| Total Expenses | $22K |
| Net Assets | $12K |
Is Saved By Grace 501 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Saved By Grace 501
Saved By Grace 501 (EIN: 815114917) is a nonprofit organization based in Sheridan, WY, classified under NTEE code J30. 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 Saved By Grace 501's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saved By Grace 501 is a micro nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2017–2021). Revenue has grown at a compound annual rate of -17.9%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $22K |
| Surplus / Deficit | $-18,427 |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | -577.6% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2021, Saved By Grace 501 reported a deficit of $18K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2017–2021), Saved By Grace 501's revenue has declined at a compound annual growth rate (CAGR) of -17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -74.1% | +207.1% | -61.0% |
| 2020 | -48.9% | +12.5% | +21.1% |
| 2019 | +51.2% | -29.4% | +247.7% |
| 2018 | +126.2% | +28.6% | +5026.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Saved By Grace 501 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 Saved By Grace 501 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Frequently Asked Questions about Saved By Grace 501
Is Saved By Grace 501 a legitimate charity?
Saved By Grace 501 (EIN: 815114917) is a registered tax-exempt nonprofit based in Wyoming. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Saved By Grace 501 spend its money?
Saved By Grace 501 reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Saved By Grace 501 tax-deductible?
Saved By Grace 501 is registered as a tax-exempt nonprofit (EIN: 815114917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Saved By Grace 501 located?
Saved By Grace 501 is headquartered in Sheridan, Wyoming and files with the IRS under EIN 815114917. It is classified under NTEE code J30.
How many years of IRS 990 filings does Saved By Grace 501 have?
Saved By Grace 501 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.
Filing History
IRS 990 filing history for Saved By Grace 501 showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2017–2021), Saved By Grace 501's revenue has declined by 54.6%, moving from $7K to $3K. Total assets increased by 8314.3% over the same period, from $140 to $12K. Total functional expenses rose by 213.7%, from $7K to $22K. In its most recent filing year (2021), Saved By Grace 501 reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $3K | $22K | $12K | $0 | — | — |
| 2020 | $12K | $7K | $30K | $0 | — | View 990 |
| 2019 | $24K | $6K | $25K | $0 | — | View 990 |
| 2018 | $16K | $9K | $7K | $0 | — | View 990 |
| 2017 | $7K | $7K | $140 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $3K, expenses of $22K, and assets of $12K (revenue -74.1% year-over-year).
- 2020: Revenue of $12K, expenses of $7K, and assets of $30K (revenue -48.9% year-over-year).
- 2019: Revenue of $24K, expenses of $6K, and assets of $25K (revenue +51.2% year-over-year).
- 2018: Revenue of $16K, expenses of $9K, and assets of $7K (revenue +126.2% year-over-year).
- 2017: Revenue of $7K, expenses of $7K, and assets of $140.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saved By Grace 501:
Data Sources and Methodology
This transparency report for Saved By Grace 501 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.