Nonprofit · EIN 51-0597232
GRACE FOUNDATION OF DESTIN INC
Tax-exempt (reinstated) · DESTIN, FL 32541
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $124,989 | $130,496 | -$5,507 | $1,023,956 | $0 | $1,023,956 |
| December 31, 2024 | 990 | $136,578 | $70,685 | $65,893 | $1,029,463 | $0 | $1,029,463 |
| December 31, 2023 | 990 | $169,804 | $0 | $169,804 | $963,570 | $0 | $963,570 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $124,989
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $130,496
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $1,029,463
- Total assets, end of year
- $1,023,956
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,023,956
- Publicly traded securities
- $1,023,956
- Net assets without donor restrictions
- $1,023,956
- Gross receipts
- $124,989
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2006
- State of legal domicile
- FL
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 |
|---|---|---|---|
| Kay Royston | Trustee Trustee or director | 0.25 | $0 |
| Darlane Landsberger | Trustee Trustee or director | 0.25 | $0 |
| Dieter Landsberger | Trustee Trustee or director | 0.25 | $0 |
| Lola Wuerffel | Trustee Trustee or director | 0.25 | $0 |
| Lola Wuerffel | Trustee Trustee or director | 0.25 | $0 |
| Greg Schilling | President Officer | 1 | $0 |
| Michael Wind | Vice President Treasurer Officer | 1 | $0 |
| Cindy Theriault | Secretary Officer | 0.25 | $0 |
| Kevin Wendt | Trustee Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kay Royston | Trustee Trustee or director | 0.25 | $0 |
| Darlane Landsberger | Trustee Trustee or director | 0.25 | $0 |
| Dieter Landsberger | Trustee Trustee or director | 0.25 | $0 |
| Lola Wuerffel | Trustee Trustee or director | 0.25 | $0 |
| Lola Wuerffel | Trustee Trustee or director | 0.25 | $0 |
| Greg Schilling | President Officer | 1 | $0 |
| Michael Wind | Vice President Treasurer Officer | 1 | $0 |
| Cindy Theriault | Secretary Officer | 0.25 | $0 |
| Kevin Wendt | Trustee Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kay Royston | Trustee Trustee or director | 0.25 | $0 |
| Darlane Landsberger | Trustee Trustee or director | 0.25 | $0 |
| Dieter Landsberger | Trustee Trustee or director | 0.25 | $0 |
| Paul Swan | Trustee Trustee or director | 0.25 | $0 |
| Lola Wuerffel | Trustee Trustee or director | 0.25 | $0 |
| Greg Schilling | President Officer | 1 | $0 |
| Michael Wind | Vice President Treasurer Officer | 1 | $0 |
| Cindy Theriault | Secretary Officer | 0.25 | $0 |
| Kevin Wendt | Trustee Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 125 MAIN ST, DESTIN, FL 32541-2501
- In care of
- % MICHAEL WIND
- Principal officer (990 for 2025)
- Michael Wind, 125 MAIN ST, Destin, FL 325412501
- Signed the 990
- Michael Wind, President
- Phone
- (850) 598-0363
Mission
The Grace Foundation seeks to extend the healing and hope of Jesus through Grace Lutheran Church to our community and beyond helping those in need wherever they may be found.
Program accomplishments
- Grant awards and investment expenses0
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
- 51-0597232
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,023,956
- Income (IRS master file)
- $124,989
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective July 15, 2011
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $124,989 | $130,496 | $1,023,956 | IRS |
| 990 | December 2024 | $136,578 | $70,685 | $1,029,463 | IRS |
| 990 | December 2023 | $169,804 | $0 | $963,570 | XML |
| 990 | December 2022 | $0 | $0 | $793,766 | 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 51-0597232).
Questions about GRACE FOUNDATION OF DESTIN INC
- What is the EIN of GRACE FOUNDATION OF DESTIN INC?
- The employer identification number (EIN) of GRACE FOUNDATION OF DESTIN INC is 51-0597232.
- Is GRACE FOUNDATION OF DESTIN INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective July 15, 2011.
- Are donations to GRACE FOUNDATION OF DESTIN INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does GRACE FOUNDATION OF DESTIN 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 OF DESTIN 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 FOUNDATION OF DESTIN 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 FOUNDATION OF DESTIN INC?
- The 990 for the year ended December 31, 2025 names Michael Wind.
- Who are the officers and directors of GRACE FOUNDATION OF DESTIN INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does GRACE FOUNDATION OF DESTIN INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $124,989, expenses of $130,496 and total assets of $1,023,956 at year end.
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