Grace Music Productions Foundation Inc

Nonprofit profile at a glance

EIN: 842966245
IRS 990-EZ coverage: 2019–2021
Forms available: Form 990-EZ 2021
Location: Monroe, GA, USA
Phone: 7704101555
Rating: 78
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: International Relief

Reported finances

Revenue: $69,555
Expenses: $52,033
Assets: $5,536

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

Leadership & pay

1 person listed

Executive titles in this filing

CAROLYN G ALBURY (CEO)

People named in this filing

CAROLYN G ALBURY (CEO)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide food, financial, and construction assistance to victims of natural diasters throughout the southeastern united states and the caribbean.

What it reported doing in 2021

Providing food, financial, and construction assistance to the poor and needy in areas of natural diasters throughout the southeastern united states and the caribbean.

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.

The verdict

SUPPORTED - 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 revenue has declined or grown slowly.

Rating breakdown

Financial Efficiency: 84
Transparency & Controls: 82
Sustainability: 43
Growth: 20

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 74.8%; rating input score 75
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 25.2%; rating input score 71; 71st percentile among comparable filings
Total-asset coverage ratio: 0.11; rating input score 9; 9th 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: -18.2% per year; rating input score 0; 23rd percentile among comparable filings
Revenue growth: -1.7% per year; rating input score 0; 54th percentile among comparable filings
Asset growth: 87.6% per year; rating input score 100; 98th percentile among comparable filings

Details

Where the money goes: 74.8% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $52K in reported program spending
Leadership: top reported pay $0 · 1 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
Filing history: 3 filing years from 2019 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 — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 9/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.