Grace Initiatives a Nj Nonprofit Corporation
Nonprofit profile at a glance
- EIN
- 200806940
- IRS 990 coverage
- 2015–2015
- Official website data refreshed
- Jun 2026
- Forms available
- Form 990 2015
- Location
- Lanoka Harbor, NJ, USA
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $330,618
- Expenses
- $371,747
- Assets
- $430,729
- Liabilities
- $324,061
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- KRISTIE MARINO (PRESIDENT)
People named in this filing
- ED SCHACK (TRUSTEE)
- VICKI FALKINBURG (TRUSTEE)
- ELLEN SCHACK (TRUSTEE)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To empower pregnant young women to prepare for their future and their child's future by providing shelter, counseling and life-skills education
What it reported doing in 2015
Grace initiatives provides assistance to pregnant and parenting young women, with the mission of empowering them to make a healthy plan for their futures and their children's futures. The residential home, for grace's place, provides shelter and a family-living environment, free of charge, to young women, aged 21 and under and is located in lanoka harbor, nj. Since its founding in 2004, grace intiatives has provided housing to over 60 young women and their children. The counseling program "my baby and me," provides weekly one-on-one workbook sessions with a peer counselor. Additionally, a full-range of life skills education is offered through the "earn while you learn" program, and job-skills training is provided and practiced at chapter2 thrift store, a social enterprise started in 2009. Over 70 additional youth have been counseled, mentored, and supported through "the real deal" program; a non-residential support group for young parents.
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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 83
- Accountability: 88
- Sustainability: 33
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.1%; rating input score 92
- Program expense ratio: 81.9%; rating input score 82
- Fundraising efficiency: $4.42 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 15th 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; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -12.4%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 1.16; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.75; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 92.1% of revenue deployed · 81.9% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $305K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- 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 — Financial Efficiency: Fundraising efficiency scored 20/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 19/100.
- Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.