Grace for Impact

Nonprofit profile at a glance

EIN
263273270
IRS 990 coverage
2017–2021
Forms available
Form 990 2021, Form 990-N 2016
Location
Dallas, TX, USA
Phone
2146468055
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Development

Official website

Reported finances

Revenue
$674,641
Expenses
$786,594
Assets
$17,475
Liabilities
$149,900

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • AMANDA J CHILDRESS MPA (CEO)

People named in this filing

  • ADESOLA NICHAEL DADA RNBSMA (Director)
  • CHARLOTTE LEWIS (Director)
  • MOHAMMED ABDULWAHHAB (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Grace for Impact is a non-profit, 501c3, organization working in the areas of health, education and capacity development. Grace for Impact serves the poor and most vulnerable here at home and around the world, going where the need is greatest. Grace believes that access to quality healthcare and education are key and critical to breaking the vicious cycle of poverty. We pursue this by providing demand driven, scalable and sustainable solutions by engaging and supporting the rural poor through cost effective, health and education solutions to create a tangible and lasting impact. Grace is driven by compassion, dedication, and a sincere holistic concern for the people we serve. Programs and activities include general health, eye health including vision correction and cataract surgery, scholarships, continuing education, training, and emergency relief.We are passionate about the work we do because our activities and services can be life-changing restoring sight with cataract surgery, prov

What it reported doing in 2021

Form 990, Part III, Line 4a - Program Service AccomplishmentsGrace for Impact provides demand driven, scalable and sustainable solutions byengaging and supporting the rural poor and vulnerable through cost effective, health, eye healthand education initiatives, to create a tangible and lasting impact. Grace for Impactaddresses healthcare needs of the poor and vulnerable in the areas we serve. Thisincludes but is not limited to the following areas of focus:-Eye health services including eye exams, cataract surgery, prescription glasses, reading glasses-School eye health programs and eye health education initiatives-Health screenings and treatment including malaria, tb, anemia, nutrition, hypertension, diabetes, parasites and more-Wheelchairs for the physically challenged-Scholarships and continuing education training for eye health and medical professionals-Emergency relief and humanitarian assistance as a result of COVID-19Our Results.In 2021, Grace for Impact shifted our focus and previously planned programs to serve more immediate needs as a continued result of the COVID-19 pandemic. Grace for Impacts Global Humanitarian Relief efforts included in the countries we serve including Ghana, Nigeria, Mexico, Tanzania, the US, and the UK. In addition, Grace for Impact provided general health screenings, eye exams, cataract surgeries, eyeglasses, and medications. Grace for Impact was able to serve over 45,000 beneficiaries in total in 2021. Due to COVID-19, FY21 was an unprecedented year that required the organization to shift gears and address more immediate needs including humanitarian relief and assistance. The organization was unable to hold our annual gala fundraiser which represents a significant source of fundraising, we are working to resume our planned fundraising activities and are mindful of our expenses so that we have sufficient resources to fulfill our mission.

Operating model

Revenue model
Donor-supported. 100% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and program spending has grown recently. Some filing-based governance responses are negative or unanswered and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 55
  • Accountability: 58
  • Sustainability: 14
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.7%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • 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: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -16.6%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 8.58; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 82; 82nd percentile among comparable filings

Growth

  • Program expense growth: 24.3% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 20.5% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 36.4% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.7% of spending went to programs
  • Governance: 12 of 12 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $777K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 6 filed schedules · includes major donors and foreign activity
  • Filing history: 5 filing years from 2017 to 2021
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 6 of 6 not reported.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.