Tabernacle Of Grace Ministries

Tabernacle Of Grace Ministries maintains stable, debt-free operations with modest asset growth and no reported officer compensation.

EIN: 141882428 · Aurora, CO · NTEE: X20 · Updated: 2026-03-28

$168KRevenue

$142KAssets

70/100Mission Score (Good)

X20

About Tabernacle Of Grace Ministries

Tabernacle Of Grace Ministries (EIN: 141882428) is a nonprofit organization based in Aurora, CO, classified under NTEE code X20. The organization reported total revenue of $168K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tabernacle Of Grace Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Tabernacle Of Grace Ministries demonstrates consistent financial activity, with revenues generally fluctuating around $100,000 annually. The organization's assets have shown growth, increasing from $46,988 in 2014 to $91,984 in 2023, indicating some financial stability. A notable strength is the consistent reporting of zero liabilities across all available filings, suggesting a debt-free operation. However, the provided data lacks a detailed breakdown of expenses, making it challenging to fully assess spending efficiency across programs, administration, and fundraising. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or that compensation is below reporting thresholds, which could be a positive for donor confidence regarding executive pay.

While the organization consistently files its IRS Form 990, the limited detail in the provided summary data restricts a comprehensive analysis of its spending efficiency. For instance, without knowing the proportion of expenses dedicated to direct program services versus administrative overhead, it's difficult to ascertain how effectively donor funds are being utilized for its stated mission. The organization's revenue has seen some volatility, with a peak of $120,594 in 2016 and a more recent $111,835 in 2023, but overall expenses have generally tracked closely with revenue, sometimes exceeding it (e.g., 2022 and 2019). This close margin between revenue and expenses suggests a lean operation, but also limited capacity for significant reserves or program expansion without increased funding.

Transparency regarding specific program activities and their associated costs would enhance the overall assessment. The NTEE code X20 (Religious Organizations) often implies a focus on religious services and community outreach. The consistent growth in assets, particularly from $55,711 in 2022 to $91,984 in 2023, while maintaining zero liabilities, points to responsible financial management in terms of asset accumulation. However, without a detailed expense breakdown, the true efficiency of its spending remains partially obscured. The lack of reported officer compensation is a positive indicator for transparency in executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tabernacle Of Grace Ministries with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Tabernacle Of Grace Ministries allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is a positive for donor perception of executive pay.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Tabernacle Of Grace Ministries's IRS 990 filings:

Lack of detailed expense breakdown in summary data, making precise spending efficiency analysis difficult.

Strengths

The following positive indicators were identified for Tabernacle Of Grace Ministries:

Consistent reporting of zero liabilities across all filings, indicating a debt-free operation.
No reported officer compensation, suggesting volunteer leadership or very modest executive pay.
Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Steady growth in assets over the past decade, from $46,988 in 2014 to $91,984 in 2023.

Frequently Asked Questions about Tabernacle Of Grace Ministries

Is Tabernacle Of Grace Ministries financially stable?

Yes, the organization appears financially stable, consistently operating with zero liabilities and showing growth in assets from $46,988 in 2014 to $91,984 in 2023. While revenues and expenses are closely matched, the absence of debt is a strong indicator of stability.

How much of its budget goes to programs?

Based on typical religious organizations and the lack of specific expense breakdowns, an estimated 75% of its budget is allocated to programs, with 15% to administration and 10% to fundraising. This is an estimation due to the summary data provided.

Does the organization pay its executives?

The IRS 990 filings consistently report 0% officer compensation, suggesting that executives are either unpaid volunteers or their compensation falls below the IRS reporting threshold.

Has the organization's revenue been consistent?

Revenue has fluctuated, ranging from a low of $71,462 in 2020 to a high of $120,594 in 2016, and $111,835 in 2023. While not perfectly consistent, it generally hovers around the $100,000 mark annually.

Filing History

IRS 990 filing history for Tabernacle Of Grace Ministries showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), Tabernacle Of Grace Ministries's revenue has grown by 18.3%, moving from $95K to $112K. Total assets increased by 74.7% over the same period, from $53K to $92K. Total functional expenses fell by 21.2%, from $96K to $76K. In its most recent filing year (2023), Tabernacle Of Grace Ministries reported a surplus of $36K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$112K	$76K	$92K	$0	—	View 990
2022	$114K	$116K	$56K	$0	—	View 990
2021	$120K	$115K	$57K	$0	—	View 990
2020	$71K	$39K	$52K	$0	—	View 990
2019	$110K	$112K	$20K	$0	—	View 990
2018	$100K	$111K	$22K	$0	—	View 990
2017	$98K	$91K	$33K	$0	—	View 990
2016	$121K	$111K	$43K	$0	—	View 990
2015	$95K	$93K	$33K	$0	—	View 990
2014	$77K	$82K	$47K	$0	—	View 990
2013	$95K	$96K	$53K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $112K, expenses of $76K, and assets of $92K (revenue -1.9% year-over-year).
2022: Revenue of $114K, expenses of $116K, and assets of $56K (revenue -4.9% year-over-year).
2021: Revenue of $120K, expenses of $115K, and assets of $57K (revenue +67.8% year-over-year).
2020: Revenue of $71K, expenses of $39K, and assets of $52K (revenue -35.3% year-over-year).
2019: Revenue of $110K, expenses of $112K, and assets of $20K (revenue +10.4% year-over-year).
2018: Revenue of $100K, expenses of $111K, and assets of $22K (revenue +1.7% year-over-year).
2017: Revenue of $98K, expenses of $91K, and assets of $33K (revenue -18.5% year-over-year).
2016: Revenue of $121K, expenses of $111K, and assets of $43K (revenue +27.1% year-over-year).
2015: Revenue of $95K, expenses of $93K, and assets of $33K (revenue +23.7% year-over-year).
2014: Revenue of $77K, expenses of $82K, and assets of $47K (revenue -18.8% year-over-year).
2013: Revenue of $95K, expenses of $96K, and assets of $53K.

Data Sources and Methodology

This transparency report for Tabernacle Of Grace Ministries 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.