Nonprofit · EIN 46-3590295
GRACE FOUNDATION INC
Tax-exempt · GRAND ISLAND, NE 68803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $667,924 | $527,245 | $140,679 | $1,067,206 | $10,719 | $1,056,487 |
| December 31, 2023 | 990 | $559,953 | $532,326 | $27,627 | $911,887 | $9,794 | $902,093 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $344,515
- Program service revenue
- $0
- Investment income
- $58,513
- Net gain from sales of assets
- $10,674
- Net income from fundraising events
- $264,896
- Other revenue
- $264,896
Expenses
- Grants and similar amounts paid
- $212,192
- Compensation of officers, directors and key employees
- $63,546
- Other salaries and wages
- $107,159
- Salaries, compensation and benefits (total)
- $183,953
- Professional fundraising fees
- $0
- Occupancy
- $25,520
- Travel
- $4,290
- Depreciation
- $1,888
- Program services (functional)
- $346,354
- Management and general (functional)
- $70,735
- Fundraising (functional)
- $110,156
Balance sheet and other
- Total assets, start of year
- $911,887
- Total assets, end of year
- $1,067,206
- Total liabilities, end of year
- $10,719
- Net assets, end of year
- $1,056,487
- Land, buildings and equipment
- $7,508
- Net assets without donor restrictions
- $1,056,487
- Gross receipts
- $815,603
- Employees
- 4
- Volunteers
- 250
- Year formed
- 2014
- State of legal domicile
- NE
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 |
|---|---|---|---|
| SARAH KOCH | EXECUTIVE DI Officer | 40 | $63,546 |
| BRANDON BACHLE | MEMBER Trustee or director | 1 | $0 |
| JEN BARKER | MEMBER Trustee or director | 1 | $0 |
| KATIE BREMER | MEMBER Trustee or director | 1 | $0 |
| STEPHANIE EARL | MEMBER Trustee or director | 1 | $0 |
| KATHY EIHUSEN | PAST CHAIR Trustee or director | 1 | $0 |
| COURTNEY GLOCK | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| DEB GNUSE | MEMBER Trustee or director | 1 | $0 |
| KAYLA HASSELMANN | MEMBER Trustee or director | 1 | $0 |
| NICOLE HICKEN | MEMBER Trustee or director | 1 | $0 |
| WADE JARVI | TREASURER Trustee or director, Officer | 1 | $0 |
| BRIAN KORT | SECRETARY Trustee or director, Officer | 1 | $0 |
| RALISA LEAMAN | MEMBER Trustee or director | 1 | $0 |
| EMILY MIERAU | MEMBER Trustee or director | 1 | $0 |
| TRAVIS MITTAN | MEMBER Trustee or director | 1 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY PETERS | MEMBER Trustee or director | 1 | $0 |
| JULIE PFEIFER | MEMBER Trustee or director | 1 | $0 |
| MARK PORTER | CHAIR Trustee or director, Officer | 1 | $0 |
| ANDREW RATHE | MEMBER Trustee or director | 1 | $0 |
| MICHAEL STANTON | MEMBER Trustee or director | 1 | $0 |
| HEATHER TJADEN | MEMBER Trustee or director | 1 | $0 |
| LISA WILLMAN | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH KOCH | EXECUTIVE DI Officer | 40 | $59,302 |
| BRANDON BACHLE | MEMBER Trustee or director | 1 | $0 |
| JEN BARKER | MEMBER Trustee or director | 1 | $0 |
| KATIE BREMER | MEMBER Trustee or director | 1 | $0 |
| STEPHANIE EARL | MEMBER Trustee or director | 1 | $0 |
| KATHY EIHUSEN | PAST CHAIR Trustee or director | 1 | $0 |
| COURTNEY GLOCK | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| DEB GNUSE | MEMBER Trustee or director | 1 | $0 |
| KAYLA HASSELMANN | TREASURER Trustee or director | 1 | $0 |
| NICOLE HICKEN | MEMBER Trustee or director | 1 | $0 |
| WADE JARVI | TREASURER Trustee or director, Officer | 1 | $0 |
| BRIAN KORT | SECRETARY Trustee or director, Officer | 1 | $0 |
| RALISA LEAMAN | MEMBER Trustee or director | 1 | $0 |
| EMILY MIERAU | MEMBER Trustee or director | 1 | $0 |
| TRAVIS MITTAN | MEMBER Trustee or director | 1 | $0 |
| GARY PETERS | MEMBER Trustee or director | 1 | $0 |
| JULIE PFEIFER | MEMBER Trustee or director | 1 | $0 |
| MARK PORTER | CHAIR Trustee or director, Officer | 1 | $0 |
| ANDREW RATHE | MEMBER Trustee or director | 1 | $0 |
| MICHAEL STANTON | MEMBER Trustee or director | 1 | $0 |
| HEATHER TJADEN | MEMBER Trustee or director | 1 | $0 |
| LISA WILLMAN | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3310 W CAPITAL AVE, GRAND ISLAND, NE 68803-1333
- In care of
- % LISA WILLMAN
- Principal officer (990 for 2024)
- MARK PORTER, 1203 W 2ND ST, PO 1407, GRAND ISLAND, NE 68802
- Signed the 990
- SARAH KOCH, EXECUTIVE DIRECTOR
- Phone
- (308) 384-1190
- Website
- GRACEFOUNDATIONGI.ORG
- Return prepared by
- AMGL PC
Mission
GRACE FOUNDATION WAS BORN FROM THE NEED TO HELP LOCAL CANCER PATIENTS AND THEIR FAMILITIES IN THEIR FIGHT WITH THIS DEADLY DISEASE. IF YOU LIVE WITHIN 40 MILES OF GRAND ISLAND, OR ARE BEING TREATED AT THE GRAND ISLAND CANCER TREATMENT CENTER, THE GRACE FOUNDATION IS HERE TO HELP. ASSISTANCE COMES IN MANY FORMS SUCH AS GAS CARDS, HELP WITH MEDICAL BILLS, HOUSEHOLD EXPENSES AND MORE. WE KNOW THAT CANCER DOESN'T WAIT, AND SO WE WORK HARD TO APPROVE GRANT REQUESTS IN A TIMELY MANNER.
Program accomplishments
- PROVIDE ASSISTANCE TO CANCER PATIENTS IN THE FORM OF GAS CARDS, HELP WITH MEDICAL BILLS AND HOUSEHOLD EXPENSES.Expenses $346,354 · grants $212,192
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
- 46-3590295
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $1,067,206
- Income (IRS master file)
- $815,603
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $667,924 | $527,245 | $1,067,206 | IRS |
| 990 | December 2023 | $559,953 | $532,326 | $911,887 | XML |
| 990 | December 2022 | $549,876 | $443,189 | $838,566 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 46-3590295).
Questions about GRACE FOUNDATION INC
- What is the EIN of GRACE FOUNDATION INC?
- The employer identification number (EIN) of GRACE FOUNDATION INC is 46-3590295.
- Is GRACE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to GRACE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRACE FOUNDATION 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 FOUNDATION 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 FOUNDATION 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 FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MARK PORTER.
- Who are the officers and directors of GRACE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 22 people; 1 received compensation from the organization, the highest $63,546 (SARAH KOCH, EXECUTIVE DI).
- How much revenue does GRACE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $667,924, expenses of $527,245 and total assets of $1,067,206 at year end.
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All nonprofits in GRAND ISLAND · Nebraska · Philanthropy, voluntarism and grantmaking foundations