2026-04-16T12:31:47-05:00 2025-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 222 SECOND AVE SOUTH STE 1240 NASHVILLE TN 37201 990 2024-07-01 621584204 GRACEWORKS MINISTRIES INC GRAC 6157949055 104 SOUTHEAST PKWY SUITE 100 FRANKLIN TN 37064 ALICIA JW BELL CEO/PRESIDENT 6157949055 2026-04-10 1 1 LAUREN MOSES P02156583 6153836592 2024 2025-03-06 01:10:19Z ALICIA JW BELL 104 SOUTHEAST PKWY SUITE 100 FRANKLIN TN 37064 16665229 0 X WWW.GRACEWORKSTN.ORG X 1994 TN SHARE GOD'S GRACE THROUGH FOOD, SHELTER, AND SUPPORT. 21 21 66 12694 0 0 10403213 7008531 68337 77551 98015 186997 2109642 2646871 12679207 9919950 0 0 0 0 2647319 3399568 0 0 1199876 9413407 6807061 12060726 10206629 618481 -286679 8244466 6898586 1953097 1409026 6291369 5489560 SHARE GOD'S GRACE THROUGH FOOD, SHELTER, AND SUPPORT. 0 0 5438283 891678 FOOD: PROVIDING FOOD TO FAMILIES EXPERIENCING CRISIS OR POVERTY THROUGH FIVE ACCESS POINTS: FOOD PANTRY, MOBILE FOOD PANTRIES, HOLIDAY FOOD BOXES, STUDENT WEEKEND FOOD BAGS, AND CLASSROOM SNACK BOXES. 2530958 919652 SHELTER: PROVIDING FAMILIES ACCESS TO TEMPORARY SHELTER THROUGH RENT AND MORTGAGE ASSISTANCE, UTILITY SERVICE PAYMENT ASSISTANCE, AND HOUSEHOLD ITEMS SUCH AS FURNITURE, HEATERS, AND AIR CONDITIONERS. 605230 219917 SUPPORT: PROVIDING ACCESS TO ADDITIONAL RESOURCES INCLUDING HOME GOODS, CLOTHING, CHRISTMAS GIFTS, NEWBORN SUPPLIES, GAS CARDS, COUNSELING REFERRALS, AND ACCESS TO OUR NETWORK OF PARTNER ORGANIZATIONS. 8574471 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 119 0 1 66 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X MICHAEL WEBB 6157949055 104 SOUTHEAST PKWY SUITE 100 FRANKLIN TN 37064 RODNEY CHESTER CHAIRMAN 1.00 X X 0 0 0 ALISON WATTS VICE CHAIR/TREASURER 1.00 X X 0 0 0 LAURA MCWHORTER SECRETARY 1.00 X X 0 0 0 JOE CASTRORAO DIRECTOR 1.00 X 0 0 0 TIM COCHRAN DIRECTOR 1.00 X 0 0 0 TONY DUNNING DIRECTOR 1.00 X 0 0 0 CHASTITY FOX DIRECTOR 1.00 X 0 0 0 STEVE HAYES DIRECTOR 1.00 X 0 0 0 SUSAN HOSBACH DIRECTOR 1.00 X 0 0 0 SHANDY HUSMANN DIRECTOR 1.00 X 0 0 0 COURTNEY KEENAN DIRECTOR 1.00 X 0 0 0 CAROL LLOYD DIRECTOR 1.00 X 0 0 0 TOM MATAYAS DIRECTOR 1.00 X 0 0 0 ANDY MORIARTY DIRECTOR 1.00 X 0 0 0 SHARMILA PATEL DIRECTOR 1.00 X 0 0 0 TRES SCHEIBE DIRECTOR 1.00 X 0 0 0 JAIME SETTLES DIRECTOR 1.00 X 0 0 0 BRIAN SHUN DIRECTOR 1.00 X 0 0 0 LAUREN STRICKLAND DIRECTOR 1.00 X 0 0 0 BILL WRIGHT DIRECTOR 1.00 X 0 0 0 RUSTY WRIGHT DIRECTOR 1.00 X 0 0 0 ALICIA BELL CEO 40.00 X 107340 0 0 DAVID FORISTER COO 40.00 X 85606 0 0 192946 0 0 1 0 0 0 0 7008531 3955688 7008531 NEIGHBORHOOD ASSISTANCE PAYMENTS 900099 77551 77551 77551 171654 171654 2877025 2861682 15343 15343 15343 933181 240006 693175 693175 5597287 3643591 1953696 1953696 9919950 2031247 0 880172 227571 64449 101452 61670 2478607 1762661 116026 599920 65345 44119 5251 15975 422927 285544 33988 103395 205118 138488 16484 50146 100076 30023 40030 30023 138297 13830 13830 110637 38543 19266 3855 15422 299754 202383 24089 73282 555792 535228 5087 15477 12680 10778 1268 634 88883 85594 814 2475 46936 37548 4694 4694 IN-KIND EXPENSES 3841498 3795519 42374 3605 NEIGHBOR SERVICES 746288 746288 NEIGHBOR FOOD PANTRY 601943 601943 MERCHANT AND BANK FEES 136526 88742 6826 40958 199845 112068 16214 71563 10206629 8574471 432282 1199876 2593608 1044961 135355 3769516 14308 3397 991590 632493 8449 28404 775380 555145 244722 220235 1255779 1424414 1576241 1199580 8244466 6898586 206265 80576 17080 33223 1729752 1295227 1953097 1409026 X 5597265 5337564 694104 151996 6291369 5489560 8244466 6898586 X -286679 24048 -3087 -536091 0 X 0 1 X 1 0 X 7482060 7113492 9389771 10403213 7008531 41397067 7482060 7113492 9389771 10403213 7008531 41397067 41397067 116969 32183 129780 98015 171654 548601 10000 10000 41955668 32747748 0.98670 0.90740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 203898 131135 72763 151857 95272 56585 419625 328738 90887 220235 RIGHT-OF-USE-ASSETS 1199580 1199580 OPERATING LEASE LIABILITIES 1295227 1295227 X 10223291 24048 42374 240006 306428 9916863 3087 3087 9919950 10489009 42374 240006 282380 10206629 0 10206629 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE ORGANIZATION FOLLOWS FASB ASC GUIDANCE RELATED TO UNRECOGNIZED TAX BENEFITS. THIS GUIDANCE PRESCRIBES A MINIMUM PROBABILITY THRESHOLD THAT A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION THAT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION HAS NO TAX PENALTIES OR INTEREST REPORTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 240,006. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 240,006. DINNER 446183 446183 109244 GOLF 272595 272595 43076 1 214403 214403 87686 933181 933181 240006 240006 693175 X 2199353 FMV X 4 55688 FMV X 895077 1700647 FOOD CART $1.90/LB 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FINANCE COMMITTEE REVIEWS FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE TO REPORT ANY CONFLICT OF INTEREST SITUATION TO THE BOARD OR TO THE CEO/PRESIDENT ANY POTENTIAL CONFLICT IS ANNOUNCED AND THE BOARDMEMBER IS TO DISQUALIFY HIM OR HERSELF FROM ANY DISCUSSION REGARDING THE MATTER AND ANY RELATED VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PACKAGE OF CEO/PRESIDENT IS APPROVED BY THE BOARD OF DIRECTORS. COMPARABILITY DATA IS USED TO DETERMINE THEIR COMPENSATION PACKAGE INCLUDING AN INDEPENDENT COMPENSATION STUDY. FORM 990, PART VI, SECTION C, LINE 19 990, AUDIT AND CONFLICT OF INTERST POLICY ARE AVAILABLE ON WEBSITE OR BY REQUEST. OTHER DOCUMENTS ARE FOR BOARD AND LEADERSHIP ONLY. FORM 990, PART XI, LINE 8: DURING THE YEAR ENDED JUNE 30, 2025, THE ORGANIZATION DETERMINED IT HAD INCORRECTLY REFLECTED A DONATION AS RESTRICTED FOR ENDOWMENT IN THE NET ASSETS WITH DONOR RESTRICTIONS AS OF JUNE 30, 2024. IT WAS DETERMINED THAT WHILE THERE HAD BEEN DONATIONS PLACED INTO AN INVESTMENT ACCOUNT, THERE WAS NO SUCH DONOR RESTRICTION TO HOLD SUCH IN AN ENDOWMENT. ADDITIONALLY, MANAGEMENT IDENTIFIED CERTAIN AMOUNTS REFLECTED IN CLEARING ACCOUNTS AND ACCOUNTS PAYABLE AT JUNE 30, 2024 THAT WERE DEEMED TO BE EXPENSES IN FISCAL 2024, TOTALING $118,492. AS SUCH, CASH AND CASH EQUIVALENTS, AND NET ASSETS WITHOUT DONOR RESTRICTIONS AT JUNE 30, 2024 ARE RESTATED. THE ORGANIZATION ALSO IDENTIFIED AN ERROR IN THE METHOD FOR VALUING FOOD DONATION INVENTORY ON HAND FROM VALUATION OF FOOD DISTRIBUTED, AS ESTIMATED BASED ON NEIGHBOR VISITS. BASED ON OPERATIONAL DATA REGARDING POUNDS OF FOOD DONATIONS RECEIVED AND THE VALUE OF FOOD DONATIONS PROVIDED BY NATIONAL FOOD BANKS, THE ORGANIZATION REVISED THE CALCULATED VALUE OF ITS FOOD INVENTORY ON HAND. THIS CHANGE IN VALUATION WAS APPLIED RETROSPECTIVELY AND RESULTED IN THE RESTATEMENT OF FOOD INVENTORY ON HAND BY $417,599 AS OF JUNE 30, 2024.