Grace Renewal Ministries Inc
Nonprofit profile at a glance
- EIN
- 450501816
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Richmond, TX, USA
- Phone
- 7139815624
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $86,322
- Expenses
- $84,786
- Assets
- $22,514
- Liabilities
- $27
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Sarah Stanley (President)
People named in this filing
- Sarah Stanley (President)
- Sheba George (Director)
- Lazarus George (Director)
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
To educate and train young people in areas of service to their peers and community. Educate in areas of emotional, social and spiritual development, encouraging self-development, healthy lifestyles, and positive family and peer relationships through programs including bible studies, seminars and mission activities.
What it reported doing in 2024
Grace Center: Following the tent revival towards the end of 2023, plans were made to setup a tent that could be up year-round as a sanctuary for weekly services, outreach, and prayer events. By December the current Revival Tent was installed, and the Grace Center sign was re-installed after it was damaged during Hurricane Beryl. The Christmas Fiesta was the first event to be hosted in the brand-new Revival Tent! Pastor Gideon faithfully preached on how to be a follower of Jesus, and Pastor Sarah completed a teaching series on the book of Acts and the call to discipleship. Families were impacted through Sunday worship services, weekly prayer and Bible studies for women and children. Miss Sharon led a Friday evening Bible teaching, ? Kingdom Kids? for upper elementary and middle school students; and led worship. COMMUNITY OUTREACH Be the Light Youth Rally. More than 75 youth gathered on March 1-2nd to enjoy Christian music, hip hop and hear messages about God? s good plan for them, and how to follow Jesus. Many youth responded and received prayer or counsel from the ministers. This impactful weekend was a collaboration of area youth ministries; iPray on Campus. HIS Church. It Is Finished. Kintsukuroi Ministries. Never Fold. Connect Youth. Back to School Bash ? 100+ families served with free wellness checks and donations, 200+ backpacks given away to families from Needville, Richmond and Rosenberg. Each family was invited to sit under the ? tent? and enjoy some Christian praise music and hear a testimony, truth of Jesus? love and have opportunity to receive prayer. Every child received a backpack with school supplies, and all family members received clothing donations, free wellness checks, vitamins and healthcare literature. Several confessed commitment to the Lord Jesus and two took baptism! Christmas Fiesta! Saturday December 21st was a beautiful afternoon, all families who came were welcomed with Christmas cookies and a special program celebrating Jesus? birth! Several who attended were truly touched by Jesus? love through the songs, skit and volunteers. More than 200 children and their families were blessed thanks to Somebody Cares Intl and several ministry partners; It Is Finished, Connect Youth, Filling Station Church! WEEKLY FELLOWSHIP, TEACHING and WORSHIP Members and guests gather Sundays @ 10:30 am for a time of worship, Bible teaching and fellowship Ministry to our young people includes Friday evening Kingdom Kids bible lesson time, and a special trip to the Claim Your Campus youth conference in Dallas. Tuesdays @ 6:30 pm, Grace Center hosts a prayer service. Friday Night Prayer meets monthly.
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
- Hybrid. The nonprofit split its reported program spending across 80% for direct work, and 20% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.9%; rating input score 90
- Program expense ratio: 91.5%; rating input score 92
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: 1.8%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 9.7% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 1.4% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 14.1% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 89.9% of revenue deployed · 91.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $78K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 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.
- Moderate — Sustainability: Operating margin scored 49/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.