Grace-Based Films
Legal name: Grace Based Films Inc
Nonprofit profile at a glance
- EIN
- 844720181
- IRS 990 coverage
- 2020–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Los Angeles, CA, USA
- Phone
- 3107954423
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religious Film, Video
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $333,703
- Expenses
- $378,527
- Assets
- $21,416
- Liabilities
- $242
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- BRIAN IDE (CEO & PRESIDENT)
Highest reported compensation
- BRIAN IDE (CEO & PRESIDENT): $142,547 total reported compensation
- STEVEN FLEENOR (CFO): $41,670 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
OUR MISSION is to tell compelling stories, through film, that meet 21st Century audiences exactly where they are in the messiness of life, emboldening them in their belovedness by bringing Jesus9 message alive, and reminding them that none of us are alone. Grace-Based Films** is a 501(c)3 revolutionary film production company based in Hollywood. We tell universal stories that reveal the complexity of living a life in hope and faith. We have re-envisioned the typical film business model. By funding our films through donors rather than investors, we get to put people to work and our profits go toward future stories and philanthropy, rather than investors and filmmakers. OUR MISSION is to tell compelling stories, through film, that meet 21st Century audiences exactly where they are in the messiness of life, emboldening them in their belovedness by bringing Jesus’ message alive, and...
What it reported doing in 2024
A majority of program revenue and expenses are related to the program service of "a case for love" - a documentary featuring bishop michael curry's message of universal, unsentimental, sacrificial love, interwoven with conversations involving familiar figures and everyday people to explore how this message is lived out in the greater world. It will connect that powerful message with the global audience that hollywood reaches.
Operating model
- Revenue model
- Donor-supported. 69% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 92
- Accountability: 49
- Sustainability: 15
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.2%; rating input score 99
- Fundraising efficiency: $117.98 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 60%; rating input score 60; 17th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -13.4%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: 15.7% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: -8.8% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -48.8% per year; rating input score 0; 1st percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 100% of revenue deployed · 99.2% of spending went to programs
- Governance: 3 of 5 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $375K in reported program spending
- Leadership: top reported pay $143K · 3 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 2 filed related-organization links
- 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.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Operating margin scored 19/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.