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Nonprofit · EIN 86-2774198

DAILY GRACE FOUNDATION INC

Tax-exempt · SPRING, TX 77380

Financials

$168K$6K2023$358K$290K2024
Revenue Expenses · by fiscal year end
Financials of DAILY GRACE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$358,153$289,841$68,312$380,325$0$380,325
December 31, 2023990-PF$167,685$5,728$161,957$312,013$0$312,013
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$350,000
Dividends
$8,153

Expenses

Grants and similar amounts paid
$287,581
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$287,581
Excise tax on investment income
$113

Balance sheet and other

Total assets, start of year
$312,013
Total assets, end of year
$380,325
Total liabilities, end of year
$0
Net assets, end of year
$380,325
Fair market value of assets
$380,325
Qualifying distributions
$287,581
Net investment income
$8,153

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JEREMY SCHMUCKER
7251 NATIONAL DRIVE SUITE A, HANOVER, MD 21076
PRESIDENT0$0
KRISTIN DAMORE
7251 NATIONAL DRIVE SUITE A, HANOVER, MD 21076
VICE-PRESIDENT0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JEREMY SCHMUCKER
7251 NATIONAL DRIVE SUITE A, HANOVER, MD 21076
PRESIDENT0$0
KRISTIN DAMORE
7251 NATIONAL DRIVE SUITE A, HANOVER, MD 21076
VICE-PRESIDENT0$0

Address and contacts

Address (IRS master file)
460 WILDWOOD FOREST DR 140S, SPRING, TX 77380-3884
Signed the 990-PF
JEREMY SCHMUCKER, PRESIDENT
Phone
(570) 640-2966
Return prepared by
GROSS MENDELSOHN & ASSOCIATES PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
86-2774198
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2021
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Religion-related (X12)
Assets (IRS master file)
$380,325
Income (IRS master file)
$358,153

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$358,153$289,841$380,325IRS
990-PFDecember 2023$167,685$5,728$312,013XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––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 86-2774198).

Questions about DAILY GRACE FOUNDATION INC

What is the EIN of DAILY GRACE FOUNDATION INC?
The employer identification number (EIN) of DAILY GRACE FOUNDATION INC is 86-2774198.
Is DAILY GRACE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to DAILY GRACE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DAILY GRACE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of DAILY GRACE FOUNDATION INC 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 DAILY GRACE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of DAILY GRACE FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does DAILY GRACE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $358,153, expenses of $289,841 and total assets of $380,325 at year end.

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