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    <Timestamp>2011-03-30T22:37:04-07:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>200411457</EIN>
      <Name>
        <BusinessNameLine1>GOSPEL OF GRACE MINISTRIES</BusinessNameLine1>
      </Name>
      <NameControl>GOSP</NameControl>
      <Phone>7196463772</Phone>
      <USAddress>
        <AddressLine1>PO Box 49272</AddressLine1>
        <City>Colorado Springs</City>
        <State>CO</State>
        <ZIPCode>80949</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Timothy Myers</Name>
      <Title>President</Title>
      <Phone>7196463772</Phone>
      <DateSigned>2011-03-30</DateSigned>
    </Officer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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      <GrossReceipts>44211</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>44211</ContributionsGiftsGrantsEtc>
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      <GamingGrossIncome>0</GamingGrossIncome>
      <FundraisingGrossIncome contributionsReportedOnLine1a="0">0</FundraisingGrossIncome>
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      <GrantsAndSimilarAmountsPaid>4550</GrantsAndSimilarAmountsPaid>
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      <SalariesOtherCompEmplBenefits>6937</SalariesOtherCompEmplBenefits>
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      <OccupancyRentUtilitiesAndMaint>14575</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>1668</PrintingPublicationsPostage>
      <OtherExpensesTotal>15872</OtherExpensesTotal>
      <TotalExpenses>43602</TotalExpenses>
      <ExcessOrDeficitForYear>609</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>0</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets>0</OtherChangesInNetAssets>
      <NetAssetsOrFundBalancesEOY>609</NetAssetsOrFundBalancesEOY>
      <CashSavingsAndInvestments>
        <BOY>0</BOY>
        <EOY>609</EOY>
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      <LandAndBuildings>
        <BOY>0</BOY>
        <EOY>0</EOY>
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      <OtherAssetsTotal>
        <BOY>0</BOY>
        <EOY>0</EOY>
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      <PrimaryExemptPurpose>Support Christian World Missions through sending missionaries to develop bible colleges for training local church leadership, bible teaching in local churches, support of Christian Evangelistic efforts.</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Completed 5th year of Grace Bible College- Kisumu, Kenya. New intake of 14 first-year students. Total 28 students. Taught 1005 class hours using 2 U.S. missionaries (ministry supported) and 3 national teachers on a paid staff basis.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>0</GrantsAndAllocations>
        <ProgramServiceExpenses>15872</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Kenyan and U.S teaching ministry: Taught/promoted Grace Bible College (Kisumu, Kenya) in Kenyan churches/conferences. Traveled and taught in U.S. churches and bible college promoting missionary work in Kenya as well as promoting Christian world missions.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>0</GrantsAndAllocations>
        <ProgramServiceExpenses>5000</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Community Health Evangelism Seminars: One seminar was sponsored by doctors from the Grace Church through Gospel of Grace Ministries for Evangelism Harvest Fellowship church in Kisumu. The program is to help local churches train their communities in better health practices as well as small-business development but also as a means to promote the local church's efforts to build the church through evangelism. Approximately 20 local churches were represented with a combined church enrollment of 2500. The seminars were for church members who were to teach their community members what they learned in the seminars. Approximately 100 people attended each seminar.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>1500</GrantsAndAllocations>
        <ProgramServiceExpenses>1500</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>22372</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Timothy P Myers</PersonName>
        <AddressUS>
          <AddressLine1>PO Box 49272</AddressLine1>
          <City>Colorado Springs</City>
          <State>CO</State>
          <ZIPCode>80949</ZIPCode>
        </AddressUS>
        <Title>President and Missionary</Title>
        <AvgHoursPerWkDevotedToPosition>40</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>John Link III</PersonName>
        <AddressUS>
          <AddressLine1>3909 McCall Creek Road</AddressLine1>
          <City>Blanco</City>
          <State>TX</State>
          <ZIPCode>78606</ZIPCode>
        </AddressUS>
        <Title>Vice President</Title>
        <AvgHoursPerWkDevotedToPosition>1</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Larry Hodge</PersonName>
        <AddressUS>
          <AddressLine1>2310 N Mountain Estates Rd</AddressLine1>
          <City>Florissant</City>
          <State>CO</State>
          <ZIPCode>80816</ZIPCode>
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        <Title>Treasurer</Title>
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      <StatesWhereCopyOfReturnIsFiled>CO</StatesWhereCopyOfReturnIsFiled>
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        <NamePerson>Timothy P Myers</NamePerson>
        <AddressUS>
          <AddressLine1>PO Box 49272</AddressLine1>
          <City>Colorado Springs</City>
          <State>CO</State>
          <ZIPCode>80949</ZIPCode>
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        <TelephoneNumber>7196463772</TelephoneNumber>
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      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ForeignOffice>1</ForeignOffice>
      <ForeignOfficeCountry>KE</ForeignOfficeCountry>
      <MaintainAnyDonorAdvisedFunds>0</MaintainAnyDonorAdvisedFunds>
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      <TanningServicesProvided>0</TanningServicesProvided>
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      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
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        <CurrentTaxYearMinus4Years>48417</CurrentTaxYearMinus4Years>
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        <CurrentTaxYearMinus2Years>63132</CurrentTaxYearMinus2Years>
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        <CurrentTaxYearMinus1Year>46264</CurrentTaxYearMinus1Year>
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        <CurrentTaxYearMinus1Year>46264</CurrentTaxYearMinus1Year>
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      <GeneralExplanation>
        <Identifier>F99Z_P01_S00_L10</Identifier>
        <ReturnReference>Form 990-EZ, Part I, Line 10</ReturnReference>
        <Explanation>United States: Andrew Wommack Ministries - Purpose: General offering $100.00 P.O. Box 3333 Colorado Springs, CO 80934 Grace Church - Purpose: General offering $100.00 P.O. Box 55236 Tulsa, OK 74155 United States Total: $200.00 Africa: Evangelism Harvest Fellowship Church (Kenya Society Registration #: 28689) *$3850.00 P.O. Box 3765, Kisumu 40100, Kenya Bishop George Barrack Okwengu *$1500 for Community Health Evangelism seminar sponsorship by Doctors Paul and Karyl Stanton through Gospel of Grace Ministries for community health promotion and evangelism through a local church. Widows and Orphans support $500.00 Africa Total: $4350.00 U.S. &amp; AFRICA TOTAL: $4550.00</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F99Z_P01_S00_L16</Identifier>
        <ReturnReference>Form 990-EZ, Part I, Line 16</ReturnReference>
        <Explanation>Program expenses for bible college, travel, and overseas missionaries in support of organization's primary exempt purpose.</Explanation>
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