Grapevine Relief and Community Exchange
Nonprofit profile at a glance
- EIN
- 752195702
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Grapevine, TX, USA
- Phone
- 8174887009
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Thrift Shops
Reported finances
- Revenue
- $8,109,055
- Expenses
- $8,252,924
- Assets
- $11,268,662
- Liabilities
- $3,892,687
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- KINDAL WRIGHT KREAMER (PRESIDENT)
- REBECCA COX (CEO)
Highest reported compensation
- REBECCA COX (CEO): $173,992 total reported compensation
- TERESA WILLIAMSON (CFO): $157,512 total reported compensation
- MARK WOOLVERTON (CDO): $136,271 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As a steward of god's blessings and resources in the community, grace demonstrates compassion for those less fortunate by providing assistance to individuals and families in crisis and guidance toward self-sufficiency.
What it reported doing in 2024
The grace community clinic provides primary medical care and prescriptions to low income clients with no other means to access healthcare. Many patients of the clinic have never had preventative care and do not realize how compromised their health is until they begin to improve with routine medical assistance. The clinic provided 5,196 patient visits this year. Volunteer medical professionals provided services; referrals for clients needing specialty treatment and well-woman clinics provided education, screening and testing. The diabetic educational program provided ongoing care for diabetic patients and educational seminars for clients and the public. The volunteers provided approximately 3,200 hours of time to grace community clinic including limited specialty service like cardiology.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 53% for direct work, and 47% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
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: 85
- Transparency & Controls: 81
- Accountability: 100
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.7%; rating input score 92
- Program expense ratio: 87.5%; rating input score 88
- Fundraising efficiency: $9.82 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.7%; rating input score 95; 25th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 96.5%; rating input score 97; 31st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: -1.8%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 1.37; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 7.2%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 9% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 15% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 91.7% of revenue deployed · 87.5% of spending went to programs
- Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $7.2M in reported program spending
- Leadership: top reported pay $174K · 23 people listed · 3 of 6 pay-setting controls reported
- Consistency: 38 of 39 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- High — Sustainability: Operating margin scored 27/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.