Grace Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,224,392 | 2,370,546 | −146,154 | 1.9 | 47% |
| 2013 | 2,174,807 | 2,316,814 | −142,007 | 1.2 | 49% |
| 2014 | 2,185,606 | 2,222,189 | −36,583 | 1.1 | 47% |
| 2015 | 2,656,629 | 2,566,064 | 90,565 | 1.4 | 44% |
| 2016 | 2,875,908 | 2,691,744 | 184,164 | 2.1 | 44% |
| 2017 | 2,907,701 | 2,983,429 | −75,728 | 1.6 | 47% |
| 2018 | 2,968,630 | 3,001,722 | −33,092 | 1.4 | 47% |
| 2019 | 2,560,404 | 2,591,058 | −30,654 | 1.5 | 47% |
| 2020 | 2,674,542 | 2,561,856 | 112,686 | 2.0 | 50% |
| 2021 | 2,722,329 | 2,249,260 | 473,069 | 4.8 | 50% |
| 2022 | 3,289,748 | 3,000,295 | 289,453 | 4.8 | 38% |
| 2023 | 3,892,116 | 3,778,735 | 113,381 | 4.1 | 44% |
| 2024 | 4,121,181 | 4,085,947 | 35,234 | 3.9 | 44% |
In its most recent public year (2024), this organization brought in $35,234 more than it spent. Its reserves stood at about 3.9 months of spending, up from 1.9 in 2012. Staff pay was 44% of spending. $13,000 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