Nonprofit · EIN 82-2559657
GRACE AND TRUTH INTERNATIONAL INC
Tax-exempt · DECATUR, AL 35601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $52,059 | $79,099 | -$27,040 | $91,362 | – | $91,362 |
| December 31, 2023 | 990-EZ | $139,404 | $105,460 | $33,944 | $118,402 | – | $118,402 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $52,059
Expenses
- Grants and similar amounts paid
- $12,300
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $325
- Other expenses
- $66,474
- Program services (functional)
- $78,774
Balance sheet and other
- Total assets, start of year
- $118,402
- Total assets, end of year
- $91,362
- Total liabilities, end of year
- –
- Net assets, end of year
- $91,362
- Cash, savings and investments
- $91,362
- Gross receipts
- $52,059
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY WAYE | PRESIDENT | 0 | $0 |
| WILL SIMS | VICE PRESIDE | 0 | $0 |
| EMILY SIMS | SECRETARY | 0 | $0 |
| DAVID GRIFFIN | DIRECTOR | 0 | $0 |
| KEVIN PESTKE | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY WAYE | PRESIDENT | 0 | $0 |
| WILL SIMS | VICE PRESIDE | 0 | $0 |
| EMILY SIMS | SECRETARY | 0 | $0 |
| DAVID GRIFFIN | DIRECTOR | 0 | $0 |
| KEVIN PESTKE | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1629 4TH AVENUE SE, DECATUR, AL 35601-4900
- In care of
- % LARRY WAYE
- Mailing address (990-N for 2025)
- 1629 4TH AVENUE SE, DECATUR AL 35601
- Principal officer (990-N for 2025)
- LARRY WAYE, 2519 NEWPORT DR SW, DECATUR AL 35603
- Signed the 990-EZ
- LARRY WAYE, PRESIDENT
- Phone
- (256) 580-7444
- Website
- GRACEANDTRUTHINT.ORG
- Return prepared by
- WEAR HOWELL STRICKLAND QUINN &LAWLLC
Mission
PROMOTE ECONOMIC DEVELOPMENT THAT IS SUSTAINABLE AND REPRODUCIBLE IN UNDER-DEVELOPED COMMUNITIES THROUGHOUT THE WORLD.
Program accomplishments
- WE PARTNER WITH THE BUSINESS DEVELOPMENT CENTER ZAMBIA (BDCA), WHICH IS A PARTNER ORGANIZATION WHERE INDIVIDUAL CAN ENROLL IN A 14 WEEK TRAINING SESSION TO RECEIVE IN-DEPTH AND ONE-ON-ONE MENTORING AS THEY START THEIR OWN BUSINESSES. WE SUPPORT THE FINANCIALLY AND BRING US BUSINESS PEOPLE TO ZAMBIA TO PROVIDE BUSINESS TRAINING CONFERENCES/SESSIONS FOR THEIR STUDENTS. APPROXIMATELY 15 ENTREPRENEURS WERE TRAINED THIS YEAR. WE ALSO PARTNER WITH GRACE AND TRUTH ZAMBIA, WHICH DO COMPASSION PROJECTS LIKE DIGGING CLEAN WATER BORE HOLES, IMPROVE FACILITIES AT SCHOOLS AND PROVIDE MENSTRUAL MATERIALS FOR HIGH SCHOOL GIRLS. THEY HAVE SEEN 500-700 PEOPLE BENEFIT FOR THIS SERVICE. THE REFRESH FAMILY CONFERENCE IS AN ALL=ENCOMPASSING FAMILY CONFERENCE FOR MISSIONARIES AND THEIR FAMILIES. IT INCLUDES: VBS FOR THE CHILDREN, A STUDENT RETREAT FOR MIDDLE AND HIGH SCHOOL STUDENTS, AND A MARRIAGE RETREAT WITH LICENSED MARRIAGE COUNSELORS FOR THE COUPLES. ALL EXPENSES ARE COVER FOR THE FAMILIES EXCEPT THEIR TRAVEL TO THE CONFERENCE. THERE WERE APPROXIMATELY 60 PEOPLE AND 20 VOLUNTEERS PARTICIPATE THIS YEAR.Expenses $78,774 · grants $12,300
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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-2559657
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q33)
- Assets (IRS master file)
- $91,362
- Income (IRS master file)
- $52,059
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: LARRY WAYE | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $52,059 | $79,099 | $91,362 | XML |
| 990-EZ | December 2023 | $139,404 | $105,460 | $118,402 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Will Sims | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Will Sims | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2019 | – | – | – | 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 82-2559657).
Questions about GRACE AND TRUTH INTERNATIONAL INC
- What is the EIN of GRACE AND TRUTH INTERNATIONAL INC?
- The employer identification number (EIN) of GRACE AND TRUTH INTERNATIONAL INC is 82-2559657.
- Is GRACE AND TRUTH INTERNATIONAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to GRACE AND TRUTH INTERNATIONAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRACE AND TRUTH INTERNATIONAL 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 AND TRUTH INTERNATIONAL 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 AND TRUTH INTERNATIONAL 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 GRACE AND TRUTH INTERNATIONAL INC?
- The 990-N for 2025 names LARRY WAYE.
- Who are the officers and directors of GRACE AND TRUTH INTERNATIONAL INC?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does GRACE AND TRUTH INTERNATIONAL INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $52,059, expenses of $79,099 and total assets of $91,362 at year end.
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All nonprofits in DECATUR · Alabama · International, foreign affairs and national security