The Grace Evangelical Society (“GES”) explains the organization “was founded in 1986 to promote the life-giving truth that God offers man the free gift of everlasting life through faith in the Lord Jesus Christ, apart from works done before or after the new birth (John 3:16; 5:24; 6:35, 47; 11:26).”
The organization is often associated with the late Zane Hodges, a former professor at Dallas Theological Seminary who co-authored an edition of the Majority Text with Art Farstad in the early 1980s. Hodges infamously published a book entitled Absolutely Free! in 1989, which helped spark the “Lordship” controversey with John MacArthur.
In this excerpt from GES’ website, we see the organization’s position on salvation. The most significant thing to note is that it does not believe repentance is part of the Gospel at all:
The sole condition for receiving everlasting life is faith alone in the Lord Jesus Christ, who died a substitutionary death on the cross for man’s sin and rose bodily from the dead (John 3:16-18; 6:47; Acts 16:31).
Faith is the conviction that something is true. To believe in Jesus (“he who believes in Me has everlasting life”) is to be convinced that He guarantees everlasting life to all who simply believe in Him for it (John 4:14; 5:24; 6:47; 11:26; 1 Tim 1:16).
No act of obedience, preceding or following faith in the Lord Jesus Christ, such as commitment to obey, sorrow for sin, turning from one’s sin, baptism or submission to the Lordship of Christ, may be added to, or considered part of, faith as a condition for receiving everlasting life (Rom 4:5; Gal 2:16; Titus 3:5). This saving transaction between God and the sinner is simply the giving and receiving of a free gift (Eph 2:8-9; John 4:10 ; Rev 22:17).