GRACE NETWORK OF MARTINSVILLE & HENRY CO INC

MARTINSVILLE, VA, 24112-0000 (276) 638-8500 Est. 2006 EIN 20-3111703

P80— Human Services Form 990 501(c)(3)

www.gracenetworkmhc.org

Mission

Grace Network is a first-stop center of resources for residents of Martinsville and Henry County where essential life needs and referrals are provided by caring volunteers building a stronger community.

Financials

Total Revenue

$535,548

Total Expenses

$591,933

Net Assets

$667,988

2 employees 535 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

13.5 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 2.1%

Expenses ↑ 12.5%

Revenue Sources

Contributions 95.1% Earned revenue 0.2% Investment 5.0%

Expense Breakdown

Program 91.0% Management 6.8% Fundraising 2.2%

Officers & Key Employees (11)

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Grants Received (16)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$535,548 ↑	$591,933	$667,988
2023 Form 990	$524,494 ↓	$526,322	$724,373
2022 Form 990	$590,877 ↑	$500,165	$726,201
2020 Form 990	$485,201 ↑	$379,125	$638,805
2019 Form 990	$465,874 ↓	$406,330	$532,729
2018 Form 990	$483,763 ↓	$500,872	$473,185
2017 Form 990	$552,714	$527,571	$490,294