Grace Christian School Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,137,014 | 1,120,980 | 16,034 | 32.9 | 40% |
| 2021 | 1,412,177 | 1,286,986 | 125,191 | 29.8 | 38% |
| 2022 | 1,485,766 | 1,654,763 | −168,997 | 22.0 | 37% |
| 2023 | 2,173,737 | 2,241,546 | −67,809 | 15.9 | 34% |
| 2024 | 2,459,500 | 2,138,501 | 320,999 | 18.4 | 39% |
In its most recent public year (2024), this organization brought in $320,999 more than it spent. Its reserves stood at about 18.4 months of spending, down from 32.9 in 2020. Staff pay was 39% of spending.
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
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