Grace-based Films Inc is a 501(c)(3) organization based in Los Angeles, California, registered in 2020, with $333,703 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$334K
▼ 5.7% vs prior year
Religion median: $139K
Expenses (FY2024)
$379K
Net assets
$21K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Grace-based Films Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Grace-based Films Inc: 1 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Grace-based Films Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Grace-based Films Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue held steady from $332K (FY2020) to $334K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-13.4%
Spent more than it raised in the latest fiscal year.
Total assets
$21K
Total liabilities
$242
Net assets
$21K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $333,703▼5.7% | $378,527▼11.5% | $21,174▼67.9% | $21,416▼67.6% | 990 |
| 2023 | $353,783▲196% | $427,744▲11.9% | $65,998▼52.8% | $65,998▼52.8% | 990 |
| 2022 | $119,637▼82.4% | $382,167▼35.2% | $139,959▼65.2% | $139,959▼65.2% | 990 |
| 2021 | $678,544▲105% | $590,145▲2525% | $402,488▲28.1% | $402,488▲28.1% | 990 |
| 2020 | $331,667 | $22,483 | $314,089 | $314,089 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Grace-based Films Inc totaling $130K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Yale University | Charitable contribution and community support | 2020 | $130,000 |
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Data for Grace-based Films Inc (EIN 84-4720181) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.