Graceworks Lutheran Services

Nonprofit profile at a glance

EIN
310540159
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Dayton, OH, USA
Phone
(937) 433-2110
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Human Service Organizations
Affiliation
Christianity

Official website

Reported finances

Revenue
$66,224,943
Expenses
$63,309,610
Assets
$151,281,030
Liabilities
$119,399,372

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • JUDY A BUDI (PRESIDENT & CEO)

Highest reported compensation

  • JUDY A BUDI (PRESIDENT & CEO): $425,476 total reported compensation
  • ROBERT A REICHARD (VP, FINANCE): $220,413 total reported compensation
  • JACKIE A D'AURORA (VP, MARKETING & PUBLIC RELATIONS): $211,259 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Graceworks helps people experience dignity and wholeness in relationship with God, family, and community. Fulfilling Our Mission Over the previous two decades, Graceworks continued to refine its focus, honing in on our expertise in residential services for aging adults and persons with developmental disabilities. Creating a sense of home became part of our Vision statement, guiding us to help people thrive in whatever setting they call home. New programs and partnerships such as Bethany Village Home Health Care and Ohio Living Bethany Hospice added additional supports. 2010- Present.

What it reported doing in 2024

Bethany lutheran village provided health and residential services to more than 750 older adults who live at bethany village (bethany), a continuing care retirement community that includes a chronic health care and skilled rehabilitation facility (linden house), a memory support unit (courtyard park), assisted living facilities (crescent crossing and pavilion) and independent living residences (vista place, homestead, park ridge place, cottages, grand cottages and villas), all on 100 acres.bethany provided short-term, goal-oriented therapy and nursing care to 641 people at the bethany rehabilitation center.bethany provided over $3 million in uncompensated charitable care during the period. All residents, regardless of ability to pay, receive private rooms and holistic care that provides for their physical, social, psychological, emotional and spiritual needs.bethany village's in-house nursing assistant training program launched with great success: exceeding the state average passing rate by nearly 5 percent and maintaining a 73 percent initial retention rate for the new certified nursing assistants. Supporting and growing our team means greater stability for the seniors relying on our care.volunteer services provided opportunities for 445 volunteers to support the needs of the people we serve through 25,752 hours of charitable services.since 2022, graceworks' bridges outreach efforts have continued to increase awareness, conversation and education on issues including poverty, homelessness and food insecurity around our community. By providing opportunities for staff to serve others, we demonstrate the graceworks values and culture of faithful caring. In 2024, 70 employees provided 250 hours of volunteer service to local nonprofits.

Operating model

Revenue model
Earned-program. 96% 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

STRONG - 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 95
  • Accountability: 100
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81%; rating input score 81
  • Program expense ratio: 87.7%; rating input score 88
  • Fundraising efficiency: $3.07 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.4%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 2.39; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.79; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 3%; rating input score 39; 39th percentile among comparable filings

Growth

  • Program expense growth: 3.7% per year; rating input score 100; 28th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 15th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 81% of revenue deployed · 87.7% of spending went to programs
  • Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $55.5M in reported program spending
  • Leadership: top reported pay $425K · 30 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3.9M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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: Fundraising efficiency scored 11/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.
  • Moderate — Sustainability: Officer compensation ratio scored 39/100.