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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 84-2159455

NEW GRACE MINISTRIES INC

Also known as NEW GRACE MINISTRIES

Tax-exempt · ASHEVILLE, NC 28806

Financials

$35K$19K2022−$1K$39K2024
Revenue Expenses · by fiscal year end
Financials of NEW GRACE MINISTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-$1,104$39,242-$40,346$322,781$0$322,781
December 31, 2022990 (amended)$35,000$18,917$16,083$31,246$0$31,246
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,000
Program service revenue
$0
Investment income
-$6,104
Net gain from sales of assets
-$6,116
Other revenue
$0

Expenses

Grants and similar amounts paid
$13,762
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$24,493
Program services (functional)
$39,242

Balance sheet and other

Total assets, start of year
$363,127
Total assets, end of year
$322,781
Total liabilities, end of year
$0
Net assets, end of year
$322,781
Gross unrelated business income
-$6,116
Gross receipts
$343,012
Employees
0
Volunteers
2

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.

NameTitleHours / weekCompensation
CARL SOLESBEEOFFICER
Officer
2$0
JANET SOLEBEEOFFICER
Officer
1$0
990 for the year ended December 31, 2022: 2 people
NameTitleHours / weekCompensation
CARL SOLESBEEOFFICER
Officer
2$0
JANET SOLESBEEOFFICER
Officer
1$0

Address and contacts

Address (IRS master file)
82 W OAKVIEW RD, ASHEVILLE, NC 28806-1433
In care of
% CARL E SOLESBEE
Mailing address (990-N for 2025)
82 West Oak View Rd, Asheville NC 28806
Principal officer (990 for 2024)
CARL SOLESBEE, 82 WEST OAK VIEW ROAD, ASHEVILLE, NC 28806
Principal officer (990-N for 2025)
Carl Solesbee, 82 West Oak View Rd, Asheville NC 28806
Signed the 990
CARL SOLESBEE, PRESIDENT
Phone
(828) 712-6868
Return prepared by
ACCOUNTING SPECIALISTS OF AS

Mission

PREACH THE GOSPEL OF JESUS CHRIST AS REVEALED IN THE SCRIPTURE AND CONSISTENT WITH BAPTIST DISTINCTIVES. ESTABLISH A BI LINGUAL CHRISTIAN CONGREGATION

990 for the year ended December 31, 2024

Program accomplishments

  • PREACHING THE GOSPEL
    Expenses $39,242

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 on file
2023December 31, 2023May 15, 2024990-N on file

File the 2026 990-N for NEW GRACE MINISTRIES INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
84-2159455
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
2020
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Religion-related (X20)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Carl Solesbee
December 31, 2025≤ $50,000 receipts––e-Postcard
990December 2024-$1,104$39,242$322,781IRS
990-N for 2023
Officer: CARL SOLESBEE
December 31, 2023≤ $50,000 receipts––e-Postcard
990December 2022$35,000$18,917$31,246XML
990-N for 2021
Officer: CARL E SOLESBEE
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Carl Solesbee
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: CARL E SOLESBEE
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 84-2159455).

Questions about NEW GRACE MINISTRIES INC

What is the EIN of NEW GRACE MINISTRIES INC?
The employer identification number (EIN) of NEW GRACE MINISTRIES INC is 84-2159455.
Is NEW GRACE MINISTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to NEW GRACE MINISTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW GRACE MINISTRIES INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NEW GRACE 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 NEW GRACE 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 NEW GRACE MINISTRIES INC?
The 990 for the year ended December 31, 2024 names CARL SOLESBEE.
Who are the officers and directors of NEW GRACE MINISTRIES INC?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does NEW GRACE MINISTRIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of -$1,104, expenses of $39,242 and total assets of $322,781 at year end.

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