Grace Medical Institute

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Medical Research / Brain Disorders Research (NTEE)

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,000
Expenses
$2,117
Net Income
-$117
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,000
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Other
Seung W Oh (Executive Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,390
Expenses
$6,635
Net Income
-$2,245
Net Assets
-$9,598
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,390
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $3,678
55.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,193
Total Liabilities $10,791
Net Assets -$9,598
Compensation
Key Employees and Officers Compensation Other
Seung W Oh (Executive Director) $3,120 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$72,544
Expenses
$106,459
Net Income
-$33,915
Net Assets
-$6,615
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,447
4.8%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $69,097
95.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $63,640
59.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,987
Total Liabilities $10,602
Net Assets -$6,615
Compensation
Key Employees and Officers Compensation Other
Seung W Oh (Executive Director) $63,640 $10,182

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$68,397
Expenses
$123,026
Net Income
-$54,629
Net Assets
-$68,369
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $22,097
32.3%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $46,300
67.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $84,600
68.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $29,143
Total Liabilities $97,512
Net Assets -$68,369
Compensation
Key Employees and Officers Compensation Other
Seung W Oh (Executive Director) $84,600 $8,717

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$89,202
Expenses
$126,277
Net Income
-$37,075
Net Assets
-$12,656
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,722
3.1%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $86,480
96.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $99,138
78.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $85,929
Total Liabilities $98,585
Net Assets -$12,656
Compensation
Key Employees and Officers Compensation Other
Seung W Oh (President) $99,138 $7,244

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$55,300
Expenses
$30,930
Net Income
$24,370
Net Assets
$24,419
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $55,300
100%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $22,878
74.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $24,419
Total Liabilities $0
Net Assets $24,419
Compensation
Key Employees and Officers Compensation Other
Seung W Oh (President) $22,878 $3,862

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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