Saving Grace In Uganda Inc
EIN: 261938867 · Winter Spgs, FL · NTEE: Q33
Is Saving Grace In Uganda Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Saving Grace In Uganda Inc
Saving Grace In Uganda Inc (EIN: 261938867) is a nonprofit organization based in Winter Spgs, FL, classified under NTEE code Q33. The organization reported total revenue of $565K and total assets of $216K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saving Grace In Uganda Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saving Grace In Uganda Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $353K |
| Total Expenses | $354K |
| Surplus / Deficit | $-312 |
| Total Assets | $105K |
| Net Assets | $105K |
| Operating Margin | -0.1% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2022, Saving Grace In Uganda Inc reported a deficit of $312 with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2022), Saving Grace In Uganda Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +40.9% | +25.5% | -0.3% |
| 2021 | -14.4% | +20.3% | -22.7% |
| 2020 | +5.2% | -24.9% | +74.5% |
| 2019 | -10.2% | +9.2% | -30.3% |
| 2018 | +75.7% | +98.8% | +26.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Saving Grace In Uganda 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 Saving Grace In Uganda 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $312, with expenses exceeding revenue.
Frequently Asked Questions about Saving Grace In Uganda Inc
Is Saving Grace In Uganda Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Saving Grace In Uganda Inc (EIN: 261938867) insufficient data. 0 red flags identified, 0 strengths noted.
How does Saving Grace In Uganda Inc spend its money?
Detailed spending breakdown data is not yet available for Saving Grace In Uganda Inc. Check back for updated IRS 990 analysis.
Are donations to Saving Grace In Uganda Inc tax-deductible?
Saving Grace In Uganda Inc is registered as a tax-exempt nonprofit (EIN: 261938867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Saving Grace In Uganda Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Saving Grace In Uganda Inc's revenue has grown by 201%, moving from $117K to $353K. Total assets increased by 118.2% over the same period, from $48K to $105K. Total functional expenses rose by 254.6%, from $100K to $354K. In its most recent filing year (2022), Saving Grace In Uganda Inc reported a deficit of $312, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $353K | $354K | $105K | $0 | — | View 990 |
| 2021 | $251K | $282K | $106K | $0 | — | View 990 |
| 2020 | $293K | $234K | $137K | $0 | — | View 990 |
| 2019 | $278K | $312K | $78K | $0 | — | View 990 |
| 2018 | $310K | $286K | $112K | $0 | — | View 990 |
| 2017 | $176K | $144K | $89K | $0 | — | View 990 |
| 2016 | $126K | $101K | $56K | $0 | — | View 990 |
| 2015 | $113K | $129K | $31K | $0 | — | View 990 |
| 2014 | $159K | $151K | $48K | $0 | — | View 990 |
| 2013 | $152K | $136K | $40K | $0 | — | View 990 |
| 2012 | $138K | $142K | $45K | $0 | — | View 990 |
| 2011 | $117K | $100K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $353K, expenses of $354K, and assets of $105K (revenue +40.9% year-over-year).
- 2021: Revenue of $251K, expenses of $282K, and assets of $106K (revenue -14.4% year-over-year).
- 2020: Revenue of $293K, expenses of $234K, and assets of $137K (revenue +5.2% year-over-year).
- 2019: Revenue of $278K, expenses of $312K, and assets of $78K (revenue -10.2% year-over-year).
- 2018: Revenue of $310K, expenses of $286K, and assets of $112K (revenue +75.7% year-over-year).
- 2017: Revenue of $176K, expenses of $144K, and assets of $89K (revenue +40.2% year-over-year).
- 2016: Revenue of $126K, expenses of $101K, and assets of $56K (revenue +11.3% year-over-year).
- 2015: Revenue of $113K, expenses of $129K, and assets of $31K (revenue -28.7% year-over-year).
- 2014: Revenue of $159K, expenses of $151K, and assets of $48K (revenue +4.5% year-over-year).
- 2013: Revenue of $152K, expenses of $136K, and assets of $40K (revenue +10.0% year-over-year).
- 2012: Revenue of $138K, expenses of $142K, and assets of $45K (revenue +17.5% year-over-year).
- 2011: Revenue of $117K, expenses of $100K, and assets of $48K.
Data Sources and Methodology
This transparency report for Saving Grace In Uganda 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.