Grace Foundation USA
Nonprofit profile at a glance
- EIN
- 832691319
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- La Mirada, CA, USA
- Phone
- 9515450695
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
- Affiliation
- Christianity
Reported finances
- Revenue
- $14,310
- Expenses
- $15,820
- Assets
- $5,059
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ELSIE LEW (President)
People named in this filing
- ROSANGELA CHIU (Director)
- PHILIP CHIU (Director)
- ELSIE LEW (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
(a) to educate the american public on the dire needs including holistic, psychosocial and spiritual needs of 24 minority groups of young people living in the golden triangle, where they have long been exposed to a local drug abuse culture;(b)to provide an opportunity for the american public to participate in the christian ministry of love through teaching these ethnic-minority young people in the region bible and music to nourish their soul, helping them learn english, chinese and thai to make a better living, and bringing in volunteer doctors, nurses and healthcare professionals to provide these poor people with much needed health care and education.
What it reported doing in 2024
To fund for medical and educational missionary minitries for the grace foundation, thailand. The unexpected influx of indigent refugee children and young adults from across the border (from leos, myanmar and cambodia) in the golden triangle led to an acute need for increased funding to nourish, educate and provide life skills to these youngsters. This in turn brought in a significant increase of donations for this very worthy cause, dubbed "adopt a youngster program" serving about 200 refugee youngsters in chiangrai, northern thailand.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 100
- Sustainability: 27
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.9%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -10.6%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -16.6% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: 12.9% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: -11.2% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 92.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $15K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- 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.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.