Touched by Grace Ministries Inc
Nonprofit profile at a glance
- EIN
- 621863566
- IRS 990 coverage
- 2011–2020
- Forms available
- Form 990 2020
- Location
- Brentwood, TN, USA
- Phone
- 6153329152
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $213,402
- Expenses
- $198,426
- Assets
- $41
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- Todd Horton (President)
Highest reported compensation
- Todd Horton (President): $52,326 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Touched by Grace inspires individuals to unleash their true purpose by facilitating individual transformation through the synergy of partnership. Following the example of Christ, we seek to infuse the people we equip with resolve and boldness allowing their authentic potential to be unleashed. Our goal is to guide individuals to lead a focused life with elegance and passion so they in turn become powerful catalysts for radical change all around them. We do this one person at a time.
What it reported doing in 2020
Hope Fellowship-a women's prison ministry. Hope Fellowship leaders have been discipling hurting women for almost 20 years through weekly Bible Study in Ohio. They have seen the lost, weak and forgotten brought back to life through Jesus. They have come along side thousands of women bruised and battered by their lifestyle choices to help them know what true love looks like and how to attain a greater love than they have ever known. They make headway with the ladies by giving a LIFE RECOVERY BIBLE (by Stephen Arterburn and David Stoop) to each woman who comes to their study. They are putting the Word of God into the hands of hundreds of lost woman each year! They encourage the ladies to mark their Bibles with important passages, read the 12 Step Devotionals and start to experience the power of the Holy Spirit in their lives. The goal of Hope Fellowship ~ Lives changing weekly, as they serve the least and forgotten
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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 37
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.8%; rating input score 77
- Program expense ratio: 82.6%; rating input score 83
- 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: 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: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 13.2%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: -8.3% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: -2.2% per year; rating input score 0; 26th percentile among comparable filings
- Asset growth: -29.8% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 76.8% of revenue deployed · 82.6% of spending went to programs
- Governance: 10 of 10 board members independent · 2 of 8 filing controls reported
- Programs: 5 filed program accomplishments · $164K in reported program spending
- Leadership: top reported pay $52K · 1 people listed
- Consistency: 39 of 39 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 10 filing years from 2011 to 2020
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.