NonprofitsGrace Glocal Outreach

Religion-Related

Grace Glocal Outreach

VILLA PARK, CA

Total revenue

$1.0M

Total expenses

$546K

Net assets

$484K

Grants received

EIN

933541448

Tax year

2024

Mission

It is organized exclusively for religious and charitable purposes. Its primary purpose is to advance global and local Christian ministries through supporting global and local Christian churches, supporting Christian mission agencies, missioneries, conducting global and local Christian outreach activities and providing humanitarian aids to crisis areas.

Programs

3 programs

The organization provided support to Logos Evangelical Seminary, a bilingual (Chinese and English) theological institution serving students of Asian heritage worldwide. This grant supported theological education, pastoral training, and equipping Christian leaders for ministry in multilingual and multicultural contexts.

Expenses: $40KGrants: $40K

The organization supported theological education through a grant to Fuller Theological Seminary in Pasadena, a leading institution for training Christian ministers and missionaries. This grant contributed to the seminarys mission of preparing leaders for global Christian ministry.

Expenses: $10KGrants: $10K

Grants to Foreign Organizations During the tax year, the organization inadvertently made two grants to organizations in Taiwan: one for $50,000 and another for $10,000. When the organization applied for 501(c)(3) status, it indicated it would not make grants to foreign entities. Upon realizing this error, the organization immediately contacted both recipients to request return of the funds. The first recipient returned $46,549 (the $50,000 grant less currency exchange rate losses of $3,450). The second recipient was unable to return their $10,000 grant due to Taiwanese banking restrictions. The net amount reported on Line 3 ($13,450) represents the unreturned grant ($10,000) plus the currency exchange loss ($3,450) from thereturned grant. The organization acknowledges these were mistakes and has implemented procedures to ensure all future grants comply with the restrictions stated in its 501(c)(3) application. No foreign grants will be made going forward

Expenses: $92KGrants: $92K

Financials

FY 2024

Revenue

Contributions & grants$1.0M
Program service revenue
Investment income
Other revenue
Total revenue$1.0M

Expenses

Grants paid$529K
Salaries & benefits
Fundraising
Other expenses$17K
Total expenses$546K
Total assets$484K
Net assets$484K

People

5 listed

NameRoleCompensation

SCOTT CHANGCHIEN

PRESIDENT/CFO

Board

5 hrs/wk

SU CHANGCHIEN

SECRETARY

Board

2 hrs/wk

LEO WU

DIRECTOR

Board

0

STEPHEN LEE

DIRECTOR

Board

0

WEN-TA CHIU

DIRECTOR

Board

0

Details

EIN933541448
NTEE codeX20
Subsection03
Ruling date2024-10
Formed2023
Employees0
Volunteers0
GRACE GLOCAL OUTREACH — Mission, Financials & Grants Received | Grantivo