Grace in Action Incorporated
Nonprofit profile at a glance
- EIN
- 843073034
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024, Form 990-N 2020
- Location
- Washington, DC, USA
- Phone
- 2025461000
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing, Shelter N.E.C.
Reported finances
- Revenue
- $76,866
- Expenses
- $47,029
- Assets
- $781,000
- Liabilities
- $275,667
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MARGO COLLINS (PRESIDENT)
People named in this filing
- SAM MARULLO (PROGRAM DIRE)
- TAMARA ROUNDTREE (BOARD MEMBER)
- DEBORAH STEVENSON (BOARD 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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to provide housing as a first step toward rebuilding security, safety and dignity for our unhoused neighbors in the southeast quadrant of Washington, dc. At grace in action, we believe in housing first as it provides for the basic safety and survival needs for those who are at risk. We believe that housing security must be attended to prior to addressing needs for educational development, increasing wages and employment opportunities, addressing addiction challenges, improving physical and mental health care, and addressing other social concerns. All of these problems arise from failed or inadequate economic and political institutions and policies that marginalize those with the fewest resources and capabilities.
What it reported doing in 2024
Grace in action operates by acquiring housing units and making them available for affordable rents for those in our community who are experiencing homelessness or housing insecurity. Grace in action acquired its first affordable house on october 8, 2021.
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 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 70
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.2%; rating input score 62
- Program expense ratio: 95.6%; rating input score 96
- Fundraising efficiency: Limited
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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- 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: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 38.8%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 16.61; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 39.5% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: -70% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 1% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 62.2% of revenue deployed · 95.6% of spending went to programs
- Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $45K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.