Nonprofit · EIN 82-1675363
VALLEY OF GRACE
Tax-exempt · KOKOMO, IN 46903
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $507,356 | $429,187 | $78,169 | $1,321,740 | $378,017 | $943,723 |
| December 31, 2023 | 990 | $633,191 | $411,021 | $222,170 | $1,262,121 | $396,567 | $865,554 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $393,560
- of which government grants
- $70,069
- Program service revenue
- $105,660
- Investment income
- $8,136
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,997
- Compensation of officers, directors and key employees
- $110,860
- Other salaries and wages
- $86,023
- Salaries, compensation and benefits (total)
- $211,944
- Professional fundraising fees
- $0
- Accounting fees
- $770
- Occupancy
- $72,024
- Travel
- $2,594
- Depreciation
- $26,313
- Program services (functional)
- $285,210
- Management and general (functional)
- $102,686
- Fundraising (functional)
- $41,291
Balance sheet and other
- Total assets, start of year
- $1,262,121
- Total assets, end of year
- $1,321,740
- Total liabilities, end of year
- $378,017
- Net assets, end of year
- $943,723
- Land, buildings and equipment
- $840,918
- Gross receipts
- $526,631
- Employees
- 4
- Volunteers
- 70
- Year formed
- 2017
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOEY BENNETT | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $62,020 |
| DARCY BENNETT | DIRECTOR OF OPERATIONS Trustee or director | 40 | $48,840 |
| BRIAN COLLINS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| STEVE TAYLOR | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BRANDT DOWNING | TREASURER Trustee or director, Officer | 1 | $0 |
| RYAN BUTCHER | SECRETARY Trustee or director, Officer | 1 | $0 |
| MATT CARMICHAEL | DIRECTOR Trustee or director | 1 | $0 |
| SHAWN HAUS | DIRECTOR Trustee or director | 1 | $0 |
| DEVIN GALLOWAY | DIRECTOR Trustee or director | 1 | $0 |
| DAVE FOX | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOEY BENNETT | DIRECTOR Trustee or director | 40 | $60,000 |
| DARCY BENNETT | DIRECTOR Trustee or director | 40 | $55,990 |
| BRIAN COLLINS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| STEVE TAYLOR | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BRANDT DOWNING | TREASURER Trustee or director, Officer | 1 | $0 |
| RYAN BUTCHER | SECRETARY Trustee or director, Officer | 1 | $0 |
| JENNIFER ARNOLD | DIRECTOR Trustee or director | 1 | $0 |
| JOE VARNAU | DIRECTOR Trustee or director | 1 | $0 |
| DEVIN GALLOWAY | DIRECTOR Trustee or director | 1 | $0 |
| DAVE FOX | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 177, KOKOMO, IN 46903-0177
- Principal officer (990 for 2024)
- BRIAN COLLINS, P O BOX 177, KOKOMO, IN 469030177
- Signed the 990
- BRANDT DOWNING, TREASURER
- Phone
- (765) 776-9899
- Website
- WWW.VALLEYOFGRACE.LIFE
- Return prepared by
- BUCHERI MCCARTY & METZ LLP
Mission
OFFERING FREEDOM FROM ADDICTION THROUGH CHRIST-CENTERED RECOVERY
Program accomplishments
- PROVIDED SERVICES TO 49 INDIVIDUALS ATTENDING INPATIENT ADDICTION RECOVERY PROGRAMS THROUGH THE VALLEY OF GRACE PROGRAM.Expenses $283,526 · grants $1,997 · revenue $105,660
- PROVIDED SERVICES TO 25 INDIVIDUALS THROUGH THE FAMILY/SPOUSE SUPPORT GROUP FOR THE VALLEY OF GRACE PROGRAM.Expenses $1,684
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1675363
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $1,321,740
- Income (IRS master file)
- $526,631
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $507,356 | $429,187 | $1,321,740 | IRS |
| 990 | December 2023 | $633,191 | $411,021 | $1,262,121 | XML |
| 990 | December 2022 | $411,263 | $340,440 | $1,055,123 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-1675363).
Questions about VALLEY OF GRACE
- What is the EIN of VALLEY OF GRACE?
- The employer identification number (EIN) of VALLEY OF GRACE is 82-1675363.
- Is VALLEY OF GRACE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to VALLEY OF GRACE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY OF GRACE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALLEY OF GRACE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY OF GRACE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of VALLEY OF GRACE?
- The 990 for the year ended December 31, 2024 names BRIAN COLLINS.
- Who are the officers and directors of VALLEY OF GRACE?
- The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $62,020 (JOEY BENNETT, EXECUTIVE DIRECTOR).
- How much revenue does VALLEY OF GRACE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $507,356, expenses of $429,187 and total assets of $1,321,740 at year end.
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