Nonprofit · EIN 85-3638070
GRACE ABOUNDS
Tax-exempt · MOUNTAIN HOME, AR 72653
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $31,164 | $87,634 | -$56,470 | $596,000 | $596,000 | $0 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $31,164
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $79,040
- Salaries, compensation and benefits (total)
- $85,086
- Professional fundraising fees
- $0
- Program services (functional)
- $87,634
Balance sheet and other
- Total assets, start of year
- $3,890
- Total assets, end of year
- $596,000
- Total liabilities, end of year
- $596,000
- Net assets, end of year
- $0
- Land, buildings and equipment
- $525,000
- Gross receipts
- $31,164
- Employees
- 1
- Volunteers
- 1
- Year formed
- 2020
- State of legal domicile
- AR
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| daniel grace | therapist- executive director Trustee or director, Key employee, Highest-paid employee | 55 | $79,040 |
| joannie grace | secretary Officer | 0 | $0 |
| sara luna | board member Officer | 0 | $0 |
| chris luna | board member Officer | 0 | $0 |
| michelle lindquist | board member Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 321 S COLLEGE ST, MOUNTAIN HOME, AR 72653-3962
- In care of
- % DANIEL GRACE
- Mailing address (990-N for 2021)
- 806 West Road, Mountain Home AR 72653
- Principal officer (990 for 2023)
- Daniel Grace, 806 West road, MOUNTAIN HOME, AR 72653
- Principal officer (990-N for 2021)
- daniel grace, 806 West Road, Mountain Home AR 72653
- Signed the 990
- Daniel Grace, Daniel Grace
- Phone
- (870) 232-4045
Mission
Our faith-based mission through the hope and healing of Jesus Christ is to break the cycle of destructive behaviors among families and young people by providing mental health services and eliminating mental health disparities. We will also strive to raise awareness of mental health disparities related to depression anxiety PTSD trauma and other mood disorders. The organization will offer mental health services both professional and paraprofessional mentorship programs as well as partnerships with schools to provide psychoeducation to community groups and civic organizations. Children adults and families will go through an application and screening process to determine their needs. Following the evaluation the organization will craft a treatment plan that will consist of Christian counseling mentorship or community-based resources. There is no set amount of time or duration for the program as the organization is determined to reduce the suicide and poverty rate in Baxter
Program accomplishments
- The counseling program provides professional mental health services to those in need with the use of the scholarship program funds when applicable based on the income of those served. 132 people received counseling and or consultation sessions. The advocacy program provides trainings activities and motivational speeches on the topic of mental health by staff members and volunteers at community events with approx 250 individuals having attended events that involved these program services. Professional consultation and training services to other 501c3 organizations provided with an impact on approximately1200 people in our community.Expenses $87,634 · revenue $109,890
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-3638070
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Mental health and crisis intervention (F60)
- Assets (IRS master file)
- $596,000
- Income (IRS master file)
- $31,164
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $31,164 | $87,634 | $596,000 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: daniel grace | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about GRACE ABOUNDS
- What is the EIN of GRACE ABOUNDS?
- The employer identification number (EIN) of GRACE ABOUNDS is 85-3638070.
- Is GRACE ABOUNDS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to GRACE ABOUNDS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRACE ABOUNDS file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of GRACE ABOUNDS 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 ABOUNDS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of GRACE ABOUNDS?
- The 990 for the year ended December 31, 2023 names Daniel Grace.
- Who are the officers and directors of GRACE ABOUNDS?
- The 990 for the year ended December 31, 2023 lists 5 people; 1 received compensation from the organization, the highest $79,040 (daniel grace, therapist- executive director).
- How much revenue does GRACE ABOUNDS have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $31,164, expenses of $87,634 and total assets of $596,000 at year end.
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All nonprofits in MOUNTAIN HOME · Arkansas · Mental health and crisis intervention