Nonprofit · EIN 95-4309251
GRACE RESOURCES INC
Tax-exempt · LANCASTER, CA 93534
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $838,678 | $831,250 | $7,428 | $1,140,083 | $128,891 | $1,011,192 |
| December 31, 2023 | 990 | $974,282 | $824,670 | $149,612 | $1,140,028 | $136,264 | $1,003,764 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $742,147
- of which government grants
- $119,859
- Program service revenue
- $0
- Investment income
- $7,274
- Net income from fundraising events
- $69,434
- Net income from sales of inventory
- $19,783
- Other revenue
- $89,257
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $107,200
- Other salaries and wages
- $360,196
- Salaries, compensation and benefits (total)
- $590,945
- Professional fundraising fees
- $0
- Accounting fees
- $4,753
- Occupancy
- $56,455
- Travel
- $20,940
- Depreciation
- $8,339
- Program services (functional)
- $664,038
- Management and general (functional)
- $52,851
- Fundraising (functional)
- $114,361
Balance sheet and other
- Total assets, start of year
- $1,140,028
- Total assets, end of year
- $1,140,083
- Total liabilities, end of year
- $128,891
- Net assets, end of year
- $1,011,192
- Land, buildings and equipment
- $446,666
- Net assets without donor restrictions
- $1,011,192
- Gross receipts
- $853,668
- Employees
- 11
- Volunteers
- 550
- Year formed
- 1991
- State of legal domicile
- CA
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 |
|---|---|---|---|
| Jeremy Johnson | Executive Dir. Officer | 40 | $80,800 |
| Farris Tarazi | Director Trustee or director | 1 | $0 |
| Janice Forte | Board Secretary Trustee or director, Officer | 1 | $0 |
| Bishop Henry Hearns | Director Trustee or director | 1 | $0 |
| Tyrone Jordan | Director Trustee or director | 1 | $0 |
| Andrea Pitsch | Treasurer Trustee or director, Officer | 1 | $0 |
| Alisa Wood | Director Trustee or director | 1 | $0 |
| Sonia Lee | President Trustee or director, Officer | 1 | $0 |
| Shawn Caldwell | Director Trustee or director | 1 | $0 |
| Santiago Meza | Director Trustee or director | 1 | $0 |
| Velo Wright | Vice President Trustee or director, Officer | 1 | $0 |
| Sean Appleton | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jeremy Johnson | Executive Dir. Officer | 40 | $69,658 | $25,344 |
| Janice Forte | Board Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Bishop Henry Hearns | Director Trustee or director | 1 | $0 | $0 |
| Tyrone Jordan | Director Trustee or director | 1 | $0 | $0 |
| Andrea Pitsch | Director Trustee or director | 1 | $0 | $0 |
| Alisa Wood | Director Trustee or director | 1 | $0 | $0 |
| Sonia Lee | Director Trustee or director | 1 | $0 | $0 |
| Shawn Caldwell | Director Trustee or director | 1 | $0 | $0 |
| Mark McNett | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Jeremy Hartley | President Trustee or director, Officer | 1 | $0 | $0 |
| Velo Wright | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Sean Appleton | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 45134 SIERRA HWY, LANCASTER, CA 93534-2522
- In care of
- % STEVE BAKER
- Principal officer (990 for 2024)
- Jeremy Johnson, 45134 N Sierra Highway, Lancaster, CA 93534
- Signed the 990
- Andrea Pitsch, Board Treasurer
- Phone
- (661) 940-5272
- Website
- graceresources.org
- Return prepared by
- Bruneau & Co CPA A Professional Corporat
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4309251 or by the name GRACE RESOURCES INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
To provide food, shelter, clothing, medical assistance and other immediate need to the thousands of needy and homeless people living in our area.
Program accomplishments
- Our mission is to help people know Jesus by providing food and services to those in need. Those served are the homeless, the impoverished and the working poor. Services offered include grocery distribution, hot meal service, family monitored visits, free clothing, showers, diapers and wipes, hygiene items and mail service.Expenses $664,038
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
- 95-4309251
- 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
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L410)
- Assets (IRS master file)
- $1,140,083
- Income (IRS master file)
- $853,668
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $838,678 | $831,250 | $1,140,083 | IRS |
| 990 | December 2023 | $974,282 | $824,670 | $1,140,028 | XML |
| 990 | December 2022 | $726,636 | $738,299 | $992,700 | IRS |
| 990 | December 2021 | $1,223,892 | $882,164 | $1,012,388 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 95-4309251).
Questions about GRACE RESOURCES INC
- What is the EIN of GRACE RESOURCES INC?
- The employer identification number (EIN) of GRACE RESOURCES INC is 95-4309251.
- Is GRACE RESOURCES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to GRACE RESOURCES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRACE RESOURCES INC 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 GRACE RESOURCES INC 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 GRACE RESOURCES INC 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 GRACE RESOURCES INC?
- The 990 for the year ended December 31, 2024 names Jeremy Johnson.
- Who are the officers and directors of GRACE RESOURCES INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $80,800 (Jeremy Johnson, Executive Dir.).
- How much revenue does GRACE RESOURCES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $838,678, expenses of $831,250 and total assets of $1,140,083 at year end.
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