Our Commitment

Accountability
is Not Optional

At Grace Senior Living, we believe financial transparency is a fundamental obligation — not a nice-to-have. When individuals, businesses, and foundations trust us with their donations, they deserve to know exactly where that money goes and what impact it creates.
We publish our IRS Determination Letter, Form 990 filings, audited financial statements, annual reports, and impact summaries — and we keep them current and accessible to anyone who asks.
“We believe accountability is the foundation of trust, and trust is the foundation of everything we do.”
Our board of directors reviews financial performance quarterly, and an independent auditor reviews our books annually. We are committed to maintaining the highest standards of nonprofit governance and financial stewardship.

Financial Transparency
& Accountability

Grace Senior Living believes every donor deserves complete, honest transparency about how their contributions are used. Every dollar is tracked, reported, and accounted for.
Nonprofit Status
Registered 501(c)(3) Organization
Annual Filings
Form 990 filed with the IRS annually
Independent Audit
Audited financial statements available
Impact Reports
Annual impact summaries published
Financial Documents

Download Our Documents

All documents are updated annually. If you need a document that is not yet posted, please contact us directly and we will provide it promptly.
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IRS Determination Letter
Official IRS confirmation of Grace Senior Living’s 501(c)(3) tax-exempt status. This letter confirms that donations are tax-deductible to the extent permitted by law.
PDF · Official
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Form 990 — 2024
Annual information return filed with the IRS detailing our income, expenses, programs, governance structure, and compensation. The complete public record of our finances.
PDF · 2024
Download ↓
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Form 990 — 2023
Annual information return for fiscal year 2023. Includes program service accomplishments, financial statements, and officer and director compensation disclosures.
PDF · 2023
Download ↓
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Audited Financial Statements
Independently audited financial statements prepared by a certified public accounting firm. Includes balance sheet, income statement, and auditor’s report.
PDF · Annual
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2024 Annual Impact Report
Our comprehensive year-in-review — programs served, lives impacted, funds raised, funds deployed, and stories from the seniors and veterans we supported throughout the year.
PDF · 2024
Download ↓
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Budget Summary
A plain-language summary of our annual operating budget — income sources, program expenditures, overhead allocation, and projected use of donor funds for the current fiscal year.
PDF · Current
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Fund Allocation

How Every Dollar
is Allocated

Our fund allocation reflects a clear commitment — putting programs first, keeping overhead lean, and ensuring every dollar creates maximum impact for the seniors and veterans we serve.
80%
Programs
10%
Admin
10%
Fundraising
Programs & Direct Services
80/100
Housing placement, veteran benefit navigation, meals, transportation, wellness programs, emergency assistance, Ruth’s Place operations, resident support, and all direct services to seniors and veterans.
Administration & Operations
10/100
Staff salaries, legal and accounting fees, insurance, technology, office operations, and board governance costs required to run a compliant and effective nonprofit organization.
Fundraising
10/100
Donor communications, campaign materials, events, online giving platforms, grant writing, and donor stewardship activities that generate the revenue needed to sustain our programs.
* Allocation figures are approximate and subject to annual independent audit. Actual figures will be published in Form 990 and annual report once available.
Annual Reports Archive

Year-by-Year Impact Archive

YearReport TitleSeniors ServedVeterans SupportedStatusDownload
2024Annual Impact Report 2024500+200+AvailableDownload
2023Annual Impact Report 2023380+140+AvailableDownload
2022Annual Impact Report 2022240+90+AvailableDownload
2025Annual Impact Report 2025——In ProgressPublishing Q1 2026
Governance Policies

How We Govern Ourselves

Our governance policies ensure that Grace Senior Living operates with integrity, protects donor intent, and maintains the highest standards of nonprofit accountability.
Conflict of Interest Policy
All board members and staff are required to disclose any actual or potential conflicts of interest. Individuals with a conflict are recused from related decisions. This policy is reviewed and signed annually by all board members.
Download Policy ↓
Whistleblower Policy
Grace Senior Living encourages reporting of suspected fraud, waste, or violations of law or policy. Our whistleblower policy protects employees and volunteers who report in good faith from retaliation of any kind.
Download Policy ↓
Document Retention Policy
This policy governs how long key organizational records — financial documents, legal filings, board minutes, and donor records — are retained and how they are securely destroyed when no longer required.
Download Policy ↓
Board of Directors

Governed by Volunteers Who Care

Grace Senior Living is governed by an unpaid volunteer board of directors committed to ethical leadership, financial stewardship, and the long-term success of our mission.
Our board brings together professionals from healthcare, law, finance, community services, and veteran advocacy — all united by a shared commitment to seniors and veterans.
Quarterly financial review by full board
Annual independent audit approved by board
Conflict of interest disclosed and managed annually
Board meeting minutes maintained and available
Where the Money Goes

Impact Since Launch

500+
Seniors Assisted
200+
Veterans Supported
12K+
Meals Provided
80+
Partnerships

Confident in Our Accountability?

Your donation is in good hands. Every dollar is tracked, reported, and working to improve the lives of seniors and veterans.