Nonprofit · EIN 46-1747327
GRACE INSTITUTE INC
Tax-exempt · GERMANTOWN, TN 38138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $753,462 | $905,570 | -$152,108 | $173,578 | $5,881 | $167,697 |
| December 31, 2024 | 990 | $708,306 | $620,627 | $87,679 | $325,748 | $5,943 | $319,805 |
| December 31, 2023 | 990 | $586,190 | $548,419 | $37,771 | $238,869 | $6,743 | $232,126 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $750,786
- Program service revenue
- $0
- Investment income
- $2,676
- Net gain from sales of assets
- $1,000
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $632,650
- Compensation of officers, directors and key employees
- $80,185
- Other salaries and wages
- $71,842
- Salaries, compensation and benefits (total)
- $206,553
- Professional fundraising fees
- $0
- Accounting fees
- $7,300
- Travel
- $18,028
- Program services (functional)
- $858,118
- Management and general (functional)
- $26,144
- Fundraising (functional)
- $21,308
Balance sheet and other
- Total assets, start of year
- $325,748
- Total assets, end of year
- $173,578
- Total liabilities, end of year
- $5,881
- Net assets, end of year
- $167,697
- Net assets without donor restrictions
- $167,697
- Gross receipts
- $753,462
- Employees
- 2
- Volunteers
- 0
- Year formed
- 2012
- State of legal domicile
- TN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Will Savell | President Trustee or director, Officer | 40 | $80,185 | $37,000 |
| Blake Dickens | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Scot Sherwood | Board Member Trustee or director | 5 | $0 | $0 |
| Zack Graham | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Will Savell | President Trustee or director, Officer | 40 | $82,691 | $26,000 |
| Blake Dickens | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Scot Sherwood | Board Member Trustee or director | 5 | $0 | $0 |
| Zack Graham | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Will Savell | President Trustee or director, Officer | 40 | $75,106 | $26,000 |
| Blake Dickens | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Scot Sherwood | Board Member Trustee or director | 5 | $0 | $0 |
| Zack Graham | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2230 HOWARD RD, GERMANTOWN, TN 38138-4709
- In care of
- % WILLIAM SAVELL
- Principal officer (990 for 2025)
- Will H Savell, 2230 Howard Road, Germantown, TN 38138
- Signed the 990
- Will H Savell, President
- Phone
- (901) 603-6696
- Return prepared by
- DX Financial Solutions Inc
Mission
To train, equip, and prepare pastors in under resourced areas of the world with theological education.
Program accomplishments
- Delivery system- hundreds of pastors and church leaders in very rural areas receive theological training through donated technological delivery systems such as tablets, computers, projectors, etc.Expenses $429,059 · grants $316,325
- Learning conferences- The Grace Institute and ministry partners provide learning conferences to the pastors to help them understand how to better study and facilitate learning communities.Expenses $429,059 · grants $316,325
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 | 990 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
- 46-1747327
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $173,578
- Income (IRS master file)
- $753,462
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $586,190 | $548,419 | $238,869 | IRS |
| 990 | December 2022 | $619,332 | $664,087 | $199,659 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about GRACE INSTITUTE INC
- What is the EIN of GRACE INSTITUTE INC?
- The employer identification number (EIN) of GRACE INSTITUTE INC is 46-1747327.
- Is GRACE INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to GRACE INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRACE INSTITUTE 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 INSTITUTE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRACE INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GRACE INSTITUTE INC?
- The 990 for the year ended December 31, 2025 names Will H Savell.
- Who are the officers and directors of GRACE INSTITUTE INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $80,185 (Will Savell, President).
- How much revenue does GRACE INSTITUTE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $753,462, expenses of $905,570 and total assets of $173,578 at year end.
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