Grace Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 742,428 | 377,336 | 365,092 | 18.1 | 47% |
| 2013 | 626,974 | 560,842 | 66,132 | 13.5 | 14% |
| 2014 | 639,952 | 631,329 | 8,623 | 12.3 | 14% |
| 2015 | 1,086,365 | 708,637 | 377,728 | 17.4 | 48% |
| 2016 | 1,089,455 | 789,484 | 299,971 | 20.1 | 47% |
| 2017 | 1,145,021 | 878,630 | 266,391 | 22.6 | 51% |
| 2018 | 891,801 | 882,737 | 9,064 | 23.1 | 48% |
| 2019 | 1,057,969 | 979,758 | 78,211 | 22.2 | 45% |
| 2020 | 2,314,624 | 1,044,556 | 1,270,068 | 35.3 | 52% |
| 2021 | 2,423,990 | 1,199,337 | 1,224,653 | 44.1 | 49% |
| 2022 | 1,753,911 | 1,202,460 | 551,451 | 43.3 | 51% |
| 2023 | 1,399,530 | 1,395,592 | 3,938 | 40.2 | 55% |
| 2024 | 1,572,248 | 1,417,741 | 154,507 | 43.0 | 55% |
In its most recent public year (2024), this organization brought in $154,507 more than it spent. Its reserves stood at about 43 months of spending, up from 18.1 in 2012. Staff pay was 55% of spending. $256,523 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Grace Academy Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works