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Nonprofit · EIN 81-3260870

GRACED MINISTRIES INC

Tax-exempt · HOUSTON, TX 77095

Financials

$66K$32K2023
Revenue Expenses · by fiscal year end
Financials of GRACED MINISTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$65,829$31,652$34,177$95,260$10,397$84,863
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$89,553
Net income from fundraising events
-$23,724

Expenses

Grants and similar amounts paid
$270
Compensation of officers, directors and key employees
$6,872
Salaries, compensation and benefits (total)
$7,398
Professional fees and payments to contractors
$1,152
Occupancy
$4,499
Other expenses
$18,333
Program services (functional)
$7,928

Balance sheet and other

Total assets, start of year
$50,686
Total assets, end of year
$95,260
Total liabilities, end of year
$10,397
Net assets, end of year
$84,863
Cash, savings and investments
$27,811
Gross receipts
$140,742

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-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
KOEDI NEALYFOUNDER & CEO7.5$6,872
PAULA COOKPRESIDENT1.25$0
LINDA HILLSECRETARY1.25$0
KAYLEE HARPERTREASURER1.25$0
MARIT BROUSSARDMEMBER AT LARGE1.25$0

Address and contacts

Address (IRS master file)
1721, HOUSTON, TX 77095-0000
In care of
% KOEDI NEALY
Mailing address (990-N for 2025)
1721, Houston TX 77095
Principal officer (990-N for 2025)
Koedi Nealy, 17214 Little Pinto Ct, Houston TX 77095
Signed the 990-EZ
KOEDI NEALY, EXECUTIVE DIRECTOR
Phone
(281) 733-1736
Return prepared by
DOEREN MAYHEW

Mission

THE MISSION OF GRACED MINISTRIES IS TO CHANGE LIVES ONE PENNY AND ONE CONVERSATION AT A TIME. HOMELESSNESS IS A CIRCUMSTANCE, NOT AN IDENTITY. TO BE THE HANDS AND FEET OF JESUS MEANS TO LOVE ON PEOPLE NO MATTER THEIR CIRCUMSTANCE.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • HOMELESS OUTREACH - BUILDING RELATIONSHIPS AND PROVIDING FOR THE NEEDS OF THOSE THAT ARE HOMELESS.
    Expenses $2,745
  • GRACED MINISTRIES AMBASSADOR PROGRAM - ENABLES INDIVIDUALS TO BE A PART OF SOMETHING GREATER THAN THEMSELVES IN THEIR OWN COMMUNITY; AND EMPOWERS CHILDREN OF ALL AGES TO SERVE IN THE MISSION FIELD BY TEACHING THEM TO SERVE OTHERS AND BE OUR LEADERS FOR THE NEXT GENERATION.
    Expenses $2,221
  • COMMUNITY PROGRAM - GRACED MINISTRIES ALSO SERVES THE COMMUNITY WHEN THE NEEDS BECOME KNOWN FOR FAMILIES OR SCHOOLS.
    Expenses $2,962

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
81-3260870
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Koedi Nealy
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Koedi Nealy
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$65,829$31,652$95,260XML
990-N for 2022
Officer: KOEDI NEALY
December 31, 2022≤ $50,000 receipts––e-Postcard
990-EZDecember 2020–––IRS
990-N for 2019
Officer: Linda Hill
December 31, 2019≤ $50,000 receipts––e-Postcard

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 81-3260870).

Questions about GRACED MINISTRIES INC

What is the EIN of GRACED MINISTRIES INC?
The employer identification number (EIN) of GRACED MINISTRIES INC is 81-3260870.
Is GRACED MINISTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to GRACED MINISTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GRACED MINISTRIES INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GRACED MINISTRIES 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 GRACED MINISTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of GRACED MINISTRIES INC?
The 990-N for 2025 names Koedi Nealy.
Who are the officers and directors of GRACED MINISTRIES INC?
The 990-EZ for the year ended December 31, 2023 lists 5 people; 1 received compensation from the organization, the highest $6,872 (KOEDI NEALY, FOUNDER & CEO).
How much revenue does GRACED MINISTRIES INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $65,829, expenses of $31,652 and total assets of $95,260 at year end.

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