Touched By Grace Ministries Inc
EIN: 621863566 · Brentwood, TN · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $198K |
| Net Assets | $41 |
Is Touched By Grace Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Touched By Grace Ministries Inc
Touched By Grace Ministries Inc (EIN: 621863566) is a nonprofit organization based in Brentwood, TN, classified under NTEE code X20. The organization reported total revenue of $213K and total assets of $41 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Touched By Grace Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Touched By Grace Ministries Inc is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $213K |
| Total Expenses | $198K |
| Surplus / Deficit | +$15K |
| Total Assets | $41 |
| Net Assets | $41 |
| Operating Margin | 7.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2020, Touched By Grace Ministries Inc reported a surplus of $15K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2020), Touched By Grace Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +125.1% | +109.3% | -96.6% |
| 2019 | -12.6% | -12.6% | +19.2% |
| 2018 | +6.6% | +6.6% | -37.3% |
| 2017 | -52.3% | -51.3% | -13.0% |
| 2016 | +3.4% | +5.8% | -78.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Touched By Grace Ministries 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 Touched By Grace Ministries 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Frequently Asked Questions about Touched By Grace Ministries Inc
Is Touched By Grace Ministries Inc a legitimate charity?
Touched By Grace Ministries Inc (EIN: 621863566) is a registered tax-exempt nonprofit based in Tennessee. It has 10 years of IRS 990 filings on record. Total revenue: $213K. No red flags identified. Financial health grade: A.
How does Touched By Grace Ministries Inc spend its money?
Touched By Grace Ministries Inc reported $213K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Touched By Grace Ministries Inc tax-deductible?
Touched By Grace Ministries Inc is registered as a tax-exempt nonprofit (EIN: 621863566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Touched By Grace Ministries Inc located?
Touched By Grace Ministries Inc is headquartered in Brentwood, Tennessee and files with the IRS under EIN 621863566. It is classified under NTEE code X20.
How many years of IRS 990 filings does Touched By Grace Ministries Inc have?
Touched By Grace Ministries Inc has 10 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 $213K in total revenue.
Filing History
IRS 990 filing history for Touched By Grace Ministries Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Touched By Grace Ministries Inc's revenue has grown by 31.1%, moving from $163K to $213K. Total assets decreased by 99.3% over the same period, from $6K to $41. Total functional expenses rose by 24.3%, from $160K to $198K. In its most recent filing year (2020), Touched By Grace Ministries Inc reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $213K | $198K | $41 | $0 | — | View 990 |
| 2019 | $95K | $95K | $1K | $0 | — | View 990 |
| 2018 | $109K | $109K | $1K | $0 | — | View 990 |
| 2017 | $102K | $102K | $2K | $0 | — | View 990 |
| 2016 | $214K | $209K | $2K | $0 | — | View 990 |
| 2015 | $206K | $198K | $9K | $0 | — | View 990 |
| 2014 | $259K | $255K | $5K | $0 | — | View 990 |
| 2013 | $175K | $178K | $2K | $0 | — | View 990 |
| 2012 | $133K | $134K | $32K | $0 | — | View 990 |
| 2011 | $163K | $160K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $213K, expenses of $198K, and assets of $41 (revenue +125.1% year-over-year).
- 2019: Revenue of $95K, expenses of $95K, and assets of $1K (revenue -12.6% year-over-year).
- 2018: Revenue of $109K, expenses of $109K, and assets of $1K (revenue +6.6% year-over-year).
- 2017: Revenue of $102K, expenses of $102K, and assets of $2K (revenue -52.3% year-over-year).
- 2016: Revenue of $214K, expenses of $209K, and assets of $2K (revenue +3.4% year-over-year).
- 2015: Revenue of $206K, expenses of $198K, and assets of $9K (revenue -20.4% year-over-year).
- 2014: Revenue of $259K, expenses of $255K, and assets of $5K (revenue +48.4% year-over-year).
- 2013: Revenue of $175K, expenses of $178K, and assets of $2K (revenue +31.9% year-over-year).
- 2012: Revenue of $133K, expenses of $134K, and assets of $32K (revenue -18.6% year-over-year).
- 2011: Revenue of $163K, expenses of $160K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Touched By Grace Ministries Inc:
Data Sources and Methodology
This transparency report for Touched By Grace Ministries 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.