Grace Impact Development Center Inc

Nonprofit profile at a glance

EIN
815401824
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2017
Location
Moncks Corner, SC, USA
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Personal Social Services

Reported finances

Revenue
$133,614
Expenses
$160,103
Assets
$139,309
Liabilities
$8,566

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Tory Liferidge (Executive Director)

People named in this filing

  • Delores Pinckney Williams (Treasurer)
  • Edmund Vice (Member)
  • Jerald Borden Jr (Member)

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

Grace Impact Development Center exists to create organize incubate and fund programming in Healthcare Housing Employment and Education for At-Risk Populations in Berkeley County SC.

What it reported doing in 2024

Coastal Community Foundation: The mobile welding training program and the Grow with Google certification program were facilitated as pilot projects. These workforce agendas provided upskilling to participants looking for employment mobility.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 31
  • Transparency & Controls: 75
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.7%; rating input score 33
  • Program expense ratio: 27.3%; rating input score 27

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 3rd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -19.8%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.87; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 31.2% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 22% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 23.1% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 32.7% of revenue deployed · 27.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 6 filed program accomplishments · $44K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
  • High — Financial Efficiency: Program expense ratio scored 27/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 8/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.