The Grace Theatre Workshop Inc
Nonprofit profile at a glance
- EIN
- 010723042
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- Union City, NJ, USA
- Phone
- 2018677149
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $58,298
- Expenses
- $62,819
- Assets
- $119,820
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- TERESITA DIAZ (PRESIDENT)
- MICHAEL PERAGINE (VICE-PRESIDENT)
People named in this filing
- TERESITA DIAZ (PRESIDENT)
- MICHAEL PERAGINE (VICE-PRESIDENT)
- GERERD KARAVIN (TREASURER)
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
Theater & permorming arts school
What it reported doing in 2025
Various
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
MIXED - The filed numbers largely add up. 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: 35
- Transparency & Controls: 82
- Sustainability: 34
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.3%; rating input score 36
- Program expense ratio: 33.7%; rating input score 34
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7.8%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 1.91; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 30.2%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: -7.8% per year; rating input score 0; 31st percentile among comparable filings
- Revenue growth: -4.6% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: 18.9% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 36.3% of revenue deployed · 33.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $21K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 36/100.
- Moderate — Financial Efficiency: Program expense ratio scored 34/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Officer compensation ratio scored 6/100.