Visible Grace Inc
Visible Grace Inc. maintains stable assets and low liabilities, with a recent slight deficit in 2023.
EIN: 200721672 · Tigard, OR · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $100K |
| Program Spending | 80% |
| Net Assets | $222K |
| Transparency Score | 85/100 |
Is Visible Grace Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Visible Grace Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Visible Grace Inc
Visible Grace Inc (EIN: 200721672) is a nonprofit organization based in Tigard, OR, classified under NTEE code X21. The organization reported total revenue of $91K and total assets of $200K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visible Grace Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visible Grace Inc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $100K |
| Surplus / Deficit | $-8,669 |
| Total Assets | $228K |
| Total Liabilities | $6K |
| Net Assets | $222K |
| Operating Margin | -9.5% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 27.4 months |
Financial Health Grade: B
In 2023, Visible Grace Inc reported a deficit of $9K with expenses exceeding revenue, holds 27.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Visible Grace Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | +12.6% | -3.7% |
| 2022 | -12.9% | +9.4% | +2.1% |
| 2021 | +9.0% | +22.1% | +12.7% |
| 2020 | +9.8% | -6.7% | +18.3% |
| 2019 | +10.4% | +4.4% | +12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Visible Grace Inc with a Mission Score of 85 out of 100 (Excellent). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Visible Grace Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Visible Grace Inc. reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through non-officer roles, which is a positive sign for donor confidence and resource allocation directly to mission.
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 Visible Grace Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent 2023 filing period ($99,618 vs $90,949).
Strengths
The following positive indicators were identified for Visible Grace Inc:
- Consistent growth in assets from $123,641 in 2014 to $227,859 in 2023.
- Consistently low liabilities of $5,850 across all reported periods.
- 0% officer compensation reported, indicating efficient use of funds.
- Long history of IRS 990 filings (13 filings), demonstrating transparency.
- Generally strong financial management with revenues typically exceeding expenses in most years.
Frequently Asked Questions about Visible Grace Inc
Is Visible Grace Inc a legitimate charity?
Visible Grace Inc (EIN: 200721672) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $91K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Visible Grace Inc spend its money?
Visible Grace Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Visible Grace Inc tax-deductible?
Visible Grace Inc is registered as a tax-exempt nonprofit (EIN: 200721672). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Visible Grace Inc's spending goes to programs?
Visible Grace Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Visible Grace Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Visible Grace Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Visible Grace Inc located?
Visible Grace Inc is headquartered in Tigard, Oregon and files with the IRS under EIN 200721672. It is classified under NTEE code X21.
How many years of IRS 990 filings does Visible Grace Inc have?
Visible Grace Inc has 13 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 $91K in total revenue.
Is Visible Grace Inc. financially stable?
Yes, Visible Grace Inc. appears financially stable, with assets growing from $123,641 in 2014 to $227,859 in 2023 and consistently low liabilities of $5,850.
Does Visible Grace Inc. pay its officers?
No, Visible Grace Inc. reports 0% officer compensation in all available IRS 990 filings, suggesting a volunteer or minimally compensated leadership structure.
How has Visible Grace Inc.'s revenue trended?
Visible Grace Inc.'s revenue has generally fluctuated between $80,000 and $107,000 over the past decade, with the latest reported revenue at $90,949 in 2023.
Did Visible Grace Inc. operate at a surplus or deficit in 2023?
In 2023, Visible Grace Inc. operated at a slight deficit, with expenses of $99,618 exceeding revenue of $90,949.
Filing History
IRS 990 filing history for Visible Grace Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Visible Grace Inc's revenue has grown by 11.9%, moving from $81K to $91K. Total assets increased by 185.1% over the same period, from $80K to $228K. Total functional expenses rose by 16.4%, from $86K to $100K. In its most recent filing year (2023), Visible Grace Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $6K in liabilities against $228K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $222K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $100K | $228K | $6K | — | — |
| 2022 | $93K | $88K | $237K | $6K | — | View 990 |
| 2021 | $107K | $81K | $232K | $6K | — | — |
| 2020 | $98K | $66K | $206K | $6K | — | — |
| 2019 | $89K | $71K | $174K | $6K | — | View 990 |
| 2018 | $81K | $68K | $155K | $6K | — | View 990 |
| 2017 | $89K | $65K | $142K | $6K | — | View 990 |
| 2016 | $106K | $133K | $118K | $6K | — | View 990 |
| 2015 | $82K | $51K | $154K | $6K | — | View 990 |
| 2014 | $97K | $60K | $124K | $6K | — | View 990 |
| 2013 | $84K | $82K | $87K | $6K | — | View 990 |
| 2012 | $77K | $78K | $84K | $6K | — | View 990 |
| 2011 | $81K | $86K | $80K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $100K, and assets of $228K (revenue -2.5% year-over-year).
- 2022: Revenue of $93K, expenses of $88K, and assets of $237K (revenue -12.9% year-over-year).
- 2021: Revenue of $107K, expenses of $81K, and assets of $232K (revenue +9.0% year-over-year).
- 2020: Revenue of $98K, expenses of $66K, and assets of $206K (revenue +9.8% year-over-year).
- 2019: Revenue of $89K, expenses of $71K, and assets of $174K (revenue +10.4% year-over-year).
- 2018: Revenue of $81K, expenses of $68K, and assets of $155K (revenue -8.7% year-over-year).
- 2017: Revenue of $89K, expenses of $65K, and assets of $142K (revenue -16.6% year-over-year).
- 2016: Revenue of $106K, expenses of $133K, and assets of $118K (revenue +30.0% year-over-year).
- 2015: Revenue of $82K, expenses of $51K, and assets of $154K (revenue -15.4% year-over-year).
- 2014: Revenue of $97K, expenses of $60K, and assets of $124K (revenue +14.9% year-over-year).
- 2013: Revenue of $84K, expenses of $82K, and assets of $87K (revenue +9.9% year-over-year).
- 2012: Revenue of $77K, expenses of $78K, and assets of $84K (revenue -5.7% year-over-year).
- 2011: Revenue of $81K, expenses of $86K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visible Grace Inc:
Data Sources and Methodology
This transparency report for Visible 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.