Gracedrive Ministries Incorporated
Nonprofit profile at a glance
- EIN
- 820596339
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- Bellaire, TX, USA
- Phone
- 8064128649
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $131,747
- Expenses
- $40,767
- Assets
- $299,400
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Ernest Mark Gapulan (Board President/Executive Director)
- Bradley Pettiet (Board Vice President)
People named in this filing
- Ernest Mark Gapulan (Board President/Executive Director)
- Bradley Pettiet (Board Vice President)
- Rhyjob Henry Cabugwas (Board Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
GraceDrive Ministries is a faith-based organization that helps needy pastors and their families.
What it reported doing in 2025
SHEPHERDSVILLE: This project is to build homes for homeless retired ministry leaders such as pastors and missionaries in the Philippines. Donors have supported this project over the past 8 years, including 2025. Construction began in 2022 to fence and secure the property and building continues as funds are raised. Construction in Progress totaled $139,386 on 12/31/25 and the project is expected to be completed and operational in early 2027.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 18
- Transparency & Controls: 100
- Sustainability: 90
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 10%; rating input score 10
- Program expense ratio: 32.5%; rating input score 32
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: 69.1%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 7.34; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -7.3% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: 17.2% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 29.9% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 10% of revenue deployed · 32.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $13K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- 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 — Financial Efficiency: Mission deployment rate scored 10/100.
- Moderate — Financial Efficiency: Program expense ratio scored 32/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.