Skip to main content

Nonprofit · EIN 20-1381671

GRACE SUMMIT INC

Tax-exempt · ROSWELL, GA 30076

Financials

$79K$91K2023$91K$87K2024
Revenue Expenses · by fiscal year end
Financials of GRACE SUMMIT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$91,342$86,547$4,795$10,469$0$10,469
December 31, 2023990$78,652$90,625-$11,973$5,674$0$5,674
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$91,342
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,500
Salaries, compensation and benefits (total)
$75,798
Professional fundraising fees
$0
Occupancy
$5,700
Depreciation
$139
Program services (functional)
$51,928
Management and general (functional)
$34,619

Balance sheet and other

Total assets, start of year
$5,674
Total assets, end of year
$10,469
Total liabilities, end of year
$0
Net assets, end of year
$10,469
Land, buildings and equipment
$208
Gross receipts
$91,342
Employees
1
Year formed
2004
State of legal domicile
GA

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.

NameTitleHours / weekCompensation
GEORGE M SPESSARDCEOEXECUTIVE DIRECTOR
Trustee or director
40$0
GREGORY BISHOPSECRETARYTREASURER
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
GREGORY BISHOPSECRETARYTREASURER
Trustee or director
0.5$0
GEORGE M SPESSARDCEOEXECUTIVE DIRECTOR
Trustee or director
40$0

Address and contacts

Address (IRS master file)
2302 MACY DR, ROSWELL, GA 30076-6342
In care of
% GEORGE M SPESSARD
Signed the 990
GEORGE M SPESSARD, CEOEXECUTIVE DIRECTOR
Phone
(770) 998-1000
Return prepared by
WFCPA LLC

Mission

DISCIPLESHIP COUNSELING AND RETREAT MINISTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • DISCIPLESHIP COUNSELING - COUNSELED INDIVIDUALS AND FAMILIES. MANY HAD GIVEN UP HOPE IN THEIR WORK, MARRIAGES, FAITH AND LIFE.
    Expenses $51,928 · revenue $55,567

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1381671
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
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$10,469
Income (IRS master file)
$91,342

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$91,342$86,547$10,469XML
990December 2023$78,652$90,625$5,674IRS
990December 2022$91,988$77,897$17,647IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 20-1381671).

Questions about GRACE SUMMIT INC

What is the EIN of GRACE SUMMIT INC?
The employer identification number (EIN) of GRACE SUMMIT INC is 20-1381671.
Is GRACE SUMMIT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to GRACE SUMMIT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GRACE SUMMIT 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 SUMMIT 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 SUMMIT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of GRACE SUMMIT INC?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does GRACE SUMMIT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $91,342, expenses of $86,547 and total assets of $10,469 at year end.

Other nonprofits in ROSWELL

All nonprofits in ROSWELL · Georgia · Religion-related