NonprofitsGrace Reigns Inc

Religion-Related

Grace Reigns Inc

COLORADO CITY, AZ

Total revenue

$572K

Total expenses

$248K

Net assets

$1.8M

Grants received

EIN

475165781

Tax year

2024

Mission

Grace reigns is a christian charity organization designed to provide an environment where grace and love is encouraged and lavished upon a community ravaged by the ills of autocracy.the primary means by which these virtues are dispensed is a youth center and thrift store. The youth center serves kids ages 10-17 with safe and fun weekly after school activities. The thrift store provides substantially discounted prices on home good items to the economically depressed communities of colorado city, hildale and surrounding areas.

Programs

2 programs

In order to further assist families, we have also established a thrift store. This is designed to help meet ongoing physical needs in the community. Prices are set according to perceived market conditions and usually range between 10 - 25% of retail value.

Expenses: $77K

The youth center is also a significant cost center where kids from the community attend on a weekly basis. The center is open two days a week. Between 80-120 kids attend the weekly youth center event. We also were able to provide a significant trip that cost around $3,000. The activity was in the summer and we hosted around 25 kids at a resevoir where we rented a boat and provided food, snacks activities and transportation.

Expenses: $28K

Financials

FY 2024

Revenue

Contributions & grants$371K
Program service revenue$50
Investment income
Other revenue$201K
Total revenue$572K

Expenses

Grants paid
Salaries & benefits$76K
Fundraising
Other expenses$172K
Total expenses$248K
Total assets$2.0M
Net assets$1.8M

People

5 listed

NameRoleCompensation

GARETH EVANS

TREASURER

Board

$29K

15 hrs/wk

BRODY L OLSON

PRESIDENT

Board

15 hrs/wk

MIKE MENNING

VICE PRESIDENT

Board

1 hrs/wk

JONATHAN EDWARDS

SECRETARY

Board

1 hrs/wk

MYRON KLARENBEEK

DIRECTOR

Board

1 hrs/wk

Details

EIN475165781
NTEE codeX20
Subsection03
Ruling date2016-04
Formed2015
Employees2
Volunteers45
GRACE REIGNS INC — Mission, Financials & Grants Received | Grantivo