Civic Intelligence

Grace Classical Christian Academy

990T • Fiscal year 2024 • EIN 45-2949553

Jun 01, 2023 to May 31, 2024 • Filed on Oct 14, 2024

Organization ProfileWWW.GRACECLASSICAL.COM
PO Box 41Granbury, TX 76048

(817) 771-4951

Siviq Scores

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Balance Sheet

Assets

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No earlier filing loaded for comparison.

Net Assets

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No earlier filing loaded for comparison.

Liabilities

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No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

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No earlier filing loaded for comparison.

Expenses

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No earlier filing loaded for comparison.

Net Income

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No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $42,339Liabilities 2011: $02011Assets 2012: $24,451Liabilities 2012: $02012Assets 2014: $64,604Liabilities 2014: $02014Assets 2015: $28,294Liabilities 2015: $20,480Net Assets 2015: $7,8142015Assets 2016: $37,126Liabilities 2016: $38,894Net Assets 2016: -$1,7682016Assets 2017: $57,460Liabilities 2017: $89,049Net Assets 2017: -$31,5892017Assets 2018: $115,126Liabilities 2018: $85,743Net Assets 2018: $29,3832018Assets 2019: $573,055Liabilities 2019: $472,059Net Assets 2019: $100,9962019Assets 2020: $683,722Liabilities 2020: $498,328Net Assets 2020: $185,3942020Assets 2021: $797,605Liabilities 2021: $423,409Net Assets 2021: $374,1962021Assets 2022: $419,742Liabilities 2022: $11,770Net Assets 2022: $407,9722022Assets 2023: $952,350Liabilities 2023: $18,757Net Assets 2023: $933,5932023Assets 2024: $1,437,093Liabilities 2024: $139,870Net Assets 2024: $1,297,2232024Assets 2025: $3,678,145Liabilities 2025: $119,451Net Assets 2025: $3,558,6942025

Latest loaded filing

2025

Assets$3,678,145
Liabilities$119,451
Net Assets$3,558,694
Open 2025 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $51,000Expenses 2011: $8,661Net Income 2011: $42,3392011Revenue 2012: $100,950Expenses 2012: $118,838Net Income 2012: -$17,8882012Revenue 2014: $248,691Expenses 2014: $216,315Net Income 2014: $32,3762014Revenue 2015: $97,935Expenses 2015: $153,975Net Income 2015: -$56,0402015Revenue 2016: $307,185Expenses 2016: $316,767Net Income 2016: -$9,5822016Revenue 2017: $312,309Expenses 2017: $342,130Net Income 2017: -$29,8212017Revenue 2018: $481,693Expenses 2018: $420,721Net Income 2018: $60,9722018Revenue 2019: $478,976Expenses 2019: $407,363Net Income 2019: $71,6132019Revenue 2020: $661,198Expenses 2020: $576,801Net Income 2020: $84,3972020Revenue 2021: $674,799Expenses 2021: $485,997Net Income 2021: $188,8022021Revenue 2022: $911,510Expenses 2022: $877,734Net Income 2022: $33,7762022Revenue 2023: $1,461,431Expenses 2023: $935,811Net Income 2023: $525,6202023Revenue 2024: $1,510,446Expenses 2024: $1,149,196Net Income 2024: $361,2502024Revenue 2025: $2,997,525Expenses 2025: $896,169Net Income 2025: $2,101,3562025

Latest loaded filing

2025

Revenue$2,997,525
Expenses$896,169
Net Income$2,101,356
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Oct 14, 2024
Return Version
2023v8.0
Mission and Program Overview

Mission

The operation of a school to educate children from pre-kindergarten through high school with an emphasis on an historic christian worldview and related vigorous classical curriculum. During the 2020 - 2021 school year we had students enrolled in grades pre - kindergarten through eleventh grade.

Filing and Contact Details

Filer

Filer Name
Grace Classical Christan Academy
EIN
45-2949553
Phone
8177714951
Address
PO BOX 41, GRANBURY, TX 76048

Signing Officer

Name
Lucas Folegatti
Title
Treasurer
Phone
6824983833
Signed
2024-10-14
Discuss with paid preparer
Yes

Preparer

Firm
Hooper Langley & Associates Pc
Address
5310 E US HIGHWAY 377, GRANBURY, TX 76049
Preparer
Cameron Hooper CPA
Phone
8173578670
Raw XML Appendix81 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS4562/GeneralDepreciationSystem/GDS5YearProperty/DepreciationDeductionAmt0493
IRS4562/GeneralDepreciationSystem/GDS5YearProperty/DepreciationMethodCd0200 DB
IRS4562/GeneralDepreciationSystem/GDS5YearProperty/RecoveryPrd05.0
IRS4562/MaximumDollarLimitationAmt01160000
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IRS990T/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HOOPER LANGLEY & ASSOCIA
IRS990T/BooksInCareOfDetail/PhoneNum08173578670
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt05310 E US HWY 377
IRS990T/BooksInCareOfDetail/USAddress/CityNm0GRANBURY
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
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IRS990T/ESPenaltyAmt047
IRS990T/ExtsnRequestIncomeTaxPaidAmt0755
IRS990T/ForeignAccountsQuestionInd0false
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IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt00
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990TScheduleA/OtherDeductionsAmt01000
IRS990TScheduleA/OtherIncomeAmt05595
IRS990TScheduleA/PrincipalBusinessActivityCd0900099
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IRS990TScheduleA/TotalDeductionsAmt01000
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt05595
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IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0UNRELATED BUSINESS ACTIVITY
IRS990TScheduleA/UBIBeforeNOLDedAmt04595
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt04595
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd0false
IRS990T/TaxableCorporationAmt0755
IRS990T/TaxableTrustAmt00
IRS990T/TaxLessCreditsAmt0755
IRS990T/TotalDeductionAmt01000
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LUCAS FOLEGATTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06824983833
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE CLASSICAL CHRISTAN ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0452949553
ReturnHeader/Filer/PhoneNum08177714951
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 41
ReturnHeader/Filer/USAddress/CityNm0GRANBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076048
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0834708994
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOOPER LANGLEY & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05310 E US HIGHWAY 377
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRANBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076049
ReturnHeader/PreparerPersonGrp/PhoneNum08173578670
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAMERON HOOPER CPA
ReturnHeader/ReturnTs02025-03-20T10:57:20-04:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02023-06-01
ReturnHeader/TaxPeriodEndDt02024-05-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
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Liabilities
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Net assets
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Revenue
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Expenses
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Net income
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Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.68$0.12$3.56$3.00$0.90$2.10
2024Detailed filing. Detailed filing data is available for this year.$1.44$0.14$1.30$1.51$1.15$0.36
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.02$0.93$1.46$0.94$0.53
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.01$0.41$0.91$0.88$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.42$0.37$0.67$0.49$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.68$0.50$0.19$0.66$0.58$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.47$0.10$0.48$0.41$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.09$0.03$0.48$0.42$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.09$0.03$0.31$0.34$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.00$0.31$0.32$0.01
2015Summary only. Only limited summary data is available for this year.$0.03$0.02$0.01$0.10$0.15$0.06
2014Summary only. Only limited summary data is available for this year.$0.06$0.00$0.25$0.22$0.03
2012Summary only. Only limited summary data is available for this year.$0.02$0.00$0.10$0.12$0.02
2011Summary only. Only limited summary data is available for this year.$0.04$0.00$0.05$0.01$0.04