Giving Grace Inc
Nonprofit profile at a glance
- EIN
- 812233677
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-N 2016
- Location
- Denton, TX, USA
- Phone
- 9402946411
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Centers to Support the Independence of Specific Populations
- Affiliation
- Christianity
Reported finances
- Revenue
- $2,264,300
- Expenses
- $1,660,277
- Assets
- $4,923,849
- Liabilities
- $444,637
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- DAWN SHAPLEY-FROM 92024 (CEO)
- PAUL STAUDACHER (President)
Highest reported compensation
- MICHELLE CONNER (CPO): $49,387 total reported compensation
- DAWN SHAPLEY-FROM 92024 (CEO): $22,788 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Giving Grace's mission is to Transform lives by providing resources, relationships and community with the love of Jesus. Our vision is to empower change to overcome homelessness and housing instability one life at a time.
What it reported doing in 2024
Street Outreach Assist clients in obtaining identification necessary to help them get assistance, a place to live, jobs, etc. Provide counseling, addiction recovery and other medical necessities to help clients to a path of greater stability.Housing Readiness Procure emergency shelter for individuals and families who are homeless or on the verge of homelessness. Provide counseling, job training, and a path to longer term living arrangements. Provide assistance with a place to live and the necessary resources to obtain stable housing, ie security deposits, utility deposits, application fees, etc.Rise with Grace Program a 24 month program to assist families achieve job and housing stability, including job search assistance, transportation resources, child care, counseling and life skills classes.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.7%; rating input score 58
- Program expense ratio: 78.6%; rating input score 79
- Fundraising efficiency: $14.99 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 26.7%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 2.97; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 60; 60th percentile among comparable filings
- Officer compensation ratio: 4.3%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: 25.2% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 21.1% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 57.7% of revenue deployed · 78.6% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.3M in reported program spending
- Leadership: top reported pay $49K · 11 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- Review — Financial Efficiency: Fundraising efficiency scored 51/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Officer compensation ratio scored 58/100.