Team 413 - Gracerunner Ministries is a 501(c)(3) organization based in Inlet Beach, Florida, registered in 1976, with $22,119 in FY2021 revenue. CharityIndex grades it F.
Revenue (FY2021)
$22K
▼ 44.8% vs prior year
Religion median: $139K
Expenses (FY2021)
$35K
Net assets
-$20K
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 Team 413 - Gracerunner Ministries— 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 Team 413 - Gracerunner Ministries: 0 mo reserves · -59% margin earns a F 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 Team 413 - Gracerunner Ministries— 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 Team 413 - Gracerunner Ministries: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $134K (FY2013) to $22K (FY2021) across 9 reported years.
Financial snapshot
Operating margin
-58.6%
Spent more than it raised in the latest fiscal year.
Total assets
$8,506
Total liabilities
$29K
Net assets
-$20K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $22,119▼44.8% | $35,077▼24.5% | -$20,170▼180% | $8,506▼66.8% | 990EZ |
| 2020 | $40,052▼4.0% | $46,487▼14.8% | -$7,212▼828% | $25,624▲93.1% | 990EZ |
| 2019 | $41,736▼37.2% | $54,577▼13.2% | -$777▼106% | $13,271▼55.8% | 990EZ |
| 2018 | $66,425▼23.3% | $62,859▼37.9% | $12,064▲42.0% | $30,058▼0.9% | 990EZ |
| 2017 | $86,585▼8.6% | $101,230▲12.3% | $8,498▼63.3% | $30,320▲31.0% | 990EZ |
| 2016 | $94,731▼19.9% | $90,103▼22.0% | $23,143▲25.0% | $23,143▲25.0% | 990EZ |
| 2015 | $118,307▲3.4% | $115,478▼5.8% | $18,515▲18.0% | $18,515▲18.0% | 990EZ |
| 2014 | $114,373▼14.8% | $122,598▼12.9% | $15,686▼34.4% | $15,686▼34.4% | 990EZ |
| 2013 | $134,295 | $140,722 | $23,911 | $23,911 | 990EZ |
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.
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Data for Team 413 - Gracerunner Ministries (EIN 26-0219151) 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.