NonprofitsGrace-Mar Services Inc

Human Services

Grace-Mar Services Inc

CHARLOTTE, NC

Total revenue

$502K

Total expenses

$483K

Net assets

$472K

Grants received

$1.3M

10 grants

EIN

800235887

Tax year

2024

Mission

Grace Mar Services Inc builds stronger more reslient communities of color using workforce development and minority business ownership as a catalyst.

Programs

2 programs

In addition, we added and upgraded our online training platform enabling our agency to train over 100 individuals along with our YouthBuild students in several areas including, Construction and Construction Maintenance, Generative AI, Microsoft Office Suites and Customer Service.

Expenses: $327K

We successfully moved our first fathers into our transitional home located at 322 Dare Drive

Expenses: $9K

Financials

FY 2024

Revenue

Contributions & grants$502K
Program service revenue
Investment income
Other revenue
Total revenue$502K

Expenses

Grants paid
Salaries & benefits$420K
Fundraising
Other expenses$63K
Total expenses$483K
Total assets$472K
Net assets$472K

People

2 listed

NameRoleCompensation

Grace Blake Smith

Vice President

Staff

$45K

40 hrs/wk

Kenneth Smith

President

Staff

$40K

50 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$50K
TO PROVIDE SOCIAL CAPITAL AND JOB TRAINING TO LOW-INCOME INDIVIDUALS AND FAMILIES IN THE CHARLOTTE, NC REGION
2024
$33K
GENERAL OPERATING
2023
$25K
PROVIDES SOCIAL CAPITAL AND JOB TRAINING TO LOW-INCOME INDIVIDUALS AND FAMILIES IN THE CHARLOTTE COMMUNITY
2023
$8K
SMALL BUSINESS/NONPROFIT INCUBATOR
2023
$8K
YOUTH AND MEN'S TRANSITIONAL HOME
2022
$13K
PROGRAM OPERATING COSTS
2021
$1M
CHARITABLE GIFT
2020
$50K
INCREASE EMPLOYMENT AND HOMEOWNERSHIP AND PROMOTE SELF SUFFICIENCY.
2020
$45K
PROGRAM OPERATING COST
2018

Funded by

$1.3M from 5 funders · 10 grants · 2018–2024

Foundation For The Carolinas

$1M · 1 grant · 2020

Journey For Good Foundation Inc

$125K · 3 grants · 2020–2024

United Way Of Greater Charlotte Inc

$85K · 3 grants · 2018–2021

Truist Foundation Inc

$33K · 1 grant · 2023

Td Charitable Foundation

$15K · 2 grants · 2022–2023

Details

EIN800235887
NTEE codeP51
Subsection03
Ruling date2010-06
Formed2009
Employees7
Volunteers5
GRACE-MAR SERVICES INC — Mission, Financials & Grants Received | Grantivo