Grace Terrace Memorial Association
Nonprofit profile at a glance
- EIN
- 330894225
- IRS 990 coverage
- 2012–2025
- Forms available
- Form 990 2025
- Location
- Cerritos, CA, USA
- Phone
- 5626990921
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Cemeteries
- Affiliation
- Christianity
Reported finances
- Revenue
- $595,912
- Expenses
- $367,187
- Assets
- $5,543,190
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- DANIEL YU (Vice President)
- ABRAHAM HO (President)
Highest reported compensation
- BENJAMIN C WU (Director): $30,000 total reported compensation
- DANIEL YU (Vice President): $24,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Grace terrace memorial association ("gtma") provides people of the christian faith interment rights for the burial of bodies, and religious services in connection therewith.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- 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 total spending goes to programs. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 90
- Accountability: 43
- Sustainability: 81
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.5%; rating input score 52
- Program expense ratio: 95.8%; 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: 42.9%; rating input score 43; 14th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 38.4%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 15.1; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
- Officer compensation ratio: 14.7%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 25th percentile among comparable filings
- Revenue growth: 3.6% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 18th percentile among comparable filings
Details
- Where the money goes: 51.5% of revenue deployed · 95.8% of spending went to programs
- Governance: 3 of 7 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $352K in reported program spending
- Leadership: top reported pay $30K · 7 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- Moderate — Accountability: Independent voting board scored 43/100.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Sustainability: Officer compensation ratio scored 25/100.