Civic Intelligence

Grace Classical Christian Academy

990 • Fiscal year 2025 • EIN 45-2949553

Jun 01, 2024 to May 31, 2025 • Filed on Oct 12, 2025

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

(817) 771-4951

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

40th percentile

0.04x

Higher debt load relative to revenue than 40% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

98th percentile

156%

Faster asset growth than 98% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

93rd percentile

98%

Faster revenue growth than 93% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Up

$3,678,145

Up $2,241,052 (+156%) from 2024

Net Assets

Up

$3,558,694

Up $2,261,471 (+174%) from 2024

Liabilities

Down

$119,451

Down $20,419 (-15%) from 2024

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin95th percentile

Revenue

Up

$2,997,525

Up $1,487,079 (+98%) from 2024

Expenses

Down

$896,169

Down $253,027 (-22%) from 2024

Net Income

Up

$2,101,356

Up $1,740,106 (+482%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

Highlighted filing

2025

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

Operations Trend

Revenue Growth93rd percentile

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

Highlighted 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, 2024 to May 31, 2025
Signed
Oct 12, 2025
Return Version
2024v5.0
Gross Receipts
$4,480,070
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.

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 current school year we had students enrolled in grades pre - kindergarten through twelfth grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,039,170$1,743,268▲ $704,098
Investments in Publicly Traded Securities-$1,100,375-
Savings and Temporary Cash Investments$157,832$668,966▲ $511,134
Cash and Non-Interest-Bearing Accounts$84,807$34,677▼ $50,130
Accounts Receivable$51,260$29,739▼ $21,521
Investments Other Securities$11,571$11,736▲ $165
Prepaid Expenses and Deferred Charges$9,405$3,825▼ $5,580
Total Assets$1,437,093$3,678,145▲ $2,241,052
Other Assets Total$83,048$85,559▲ $2,511
Liabilities
Accounts Payable and Accrued Expenses$113,392$73,763▼ $39,629
Deferred Revenue$20,605$38,911▲ $18,306
Other Liabilities$5,873$6,777▲ $904
Total Liabilities$139,870$119,451▼ $20,419
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,297,223$3,558,694▲ $2,261,471
Total Net Assets Fund Balance$1,297,223$3,558,694▲ $2,261,471
Total Liabilities and Net Assets / Fund Balance$1,437,093$3,678,145▲ $2,241,052

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,742,086--
Compensation and Service Providers
Top Officer Pay42nd percentile

Board Members and Trustees

NameTitle
Brett CainPresident
Ike ThomasBoard Member
Ryan ThomasBoard Member
Lucas FolegattiSecretary&tr
Revenue and Support

Revenue Composition

Contributions and Grants
$2,335,275
Program Service Revenue
$654,557
Investment Income
$-42,866
Other Revenue
$50,559
All Other Contributions
$2,335,275
Change in Net Assets
$2,101,356

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded7$2,003,775
Total Noncash Contributions7$2,003,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$752,207
Other Expenses$143,962
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$661,005--$661,005
Payroll Taxes$61,335--$61,335
Occupancy$50,263--$50,263
Other Employee Benefits$29,867--$29,867
Office Expenses$8,228--$8,228
Fees for Services Other$5,599--$5,599
Fees for Services Accounting$2,977$2,601-$5,578
Insurance$4,635--$4,635
Advertising$4,293--$4,293
Other Expenses$1,197--$1,197
Depreciation Depletion$788--$788
Interest$340--$340
Information Technology$240--$240
Total Functional Expenses$893,568$2,601$0$896,169
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$71,758
Gaming Direct Expenses$21,273
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$6,777
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Ike thomas ryan thomas board member board member family relationship”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed by the business manager and board president. A copy of the form 990 is available for review by board members upon request.”

Form 990, Page 6, Part VI, Line 12C

“A conflict of interest questionnaire is filled out by officers and key employees and reviewed by the board on an annual basis.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available in the main office upon request.”

Filing and Contact Details

Filer

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

Signing Officer

Name
Lucas Folegatti
Title
Secretary&treasurer
Phone
6824983833
Signed
2025-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucas Folegatti
Formed
2011
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
33
Volunteers
50

Preparer

Firm
Hooper Langley & Associates Pc
Address
5310 E US HIGHWAY 377, GRANBURY, TX 76049
Preparer
Cameron Hooper CPA
Phone
8173578670
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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 current school year we had students enrolled in grades pre - kindergarten through twelfth grade.”

Raw XML AppendixShowing 400 of 406 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0113392
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt073763
IRS990/AccountsReceivableGrp/BOYAmt051260
IRS990/AccountsReceivableGrp/EOYAmt029739
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE 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 CURRENT SCHOOL YEAR WE HAD STUDENTS ENROLLED IN GRADES PRE - KINDERGARTEN THROUGH TWELFTH GRADE.
IRS990/AdvertisingGrp/ProgramServicesAmt04293
IRS990/AdvertisingGrp/TotalAmt04293
IRS990/AllOtherContributionsAmt02335275
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HOOPER LANGLEY & ASSOCIATES PC
IRS990/BooksInCareOfDetail/PhoneNum08173578670
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05310 E US HWY 377
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRANBURY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076049
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt084807
IRS990/CashNonInterestBearingGrp/EOYAmt034677
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02335275
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-42866
IRS990/CYOtherExpensesAmt0143962
IRS990/CYOtherRevenueAmt050559
IRS990/CYProgramServiceRevenueAmt0654557
IRS990/CYRevenuesLessExpensesAmt02101356
IRS990/CYSalariesCompEmpBnftPaidAmt0752207
IRS990/CYTotalExpensesAmt0896169
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02997525
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt020605
IRS990/DeferredRevenueGrp/EOYAmt038911
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0788
IRS990/DepreciationDepletionGrp/TotalAmt0788
IRS990/Desc0THE 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 CURRENT SCHOOL YEAR WE HAD STUDENTS ENROLLED IN GRADES PRE - KINDERGARTEN THROUGH TWELFTH GRADE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt033
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0893568
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02601
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02977
IRS990/FeesForServicesAccountingGrp/TotalAmt05578
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05599
IRS990/FeesForServicesOtherGrp/TotalAmt05599
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0BRETT CAIN
IRS990/Form990PartVIISectionAGrp/PersonNm1LUCAS FOLEGATTI
IRS990/Form990PartVIISectionAGrp/PersonNm2IKE THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm3RYAN THOMAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY&TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-68405
IRS990/GamingActivitiesInd0true
IRS990/GamingDirectExpensesAmt021273
IRS990/GamingGrossIncomeAmt071758
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01392867
IRS990/GrossReceiptsAmt04480070
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0240
IRS990/InformationTechnologyGrp/TotalAmt0240
IRS990/InsuranceGrp/ProgramServicesAmt04635
IRS990/InsuranceGrp/TotalAmt04635
IRS990/InterestGrp/ProgramServicesAmt0340
IRS990/InterestGrp/TotalAmt0340
IRS990/InvestmentIncomeGrp/ExclusionAmt091
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt025448
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025539
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt011571
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt011736
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01100375
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01281
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01039170
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01743268
IRS990/LandBldgEquipCostOrOtherBssAmt01744549
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01461272
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE 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 CURRENT SCHOOL YEAR WE HAD STUDENTS ENROLLED IN GRADES PRE - KINDERGARTEN THROUGH TWELFTH GRADE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01297223
IRS990/NetAssetsOrFundBalancesEOYAmt03558694
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-68405
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-68405
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt050485
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt050485
IRS990/NetUnrlzdGainsLossesInvstAmt0160115
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01297223
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03558694
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt02003775
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt050263
IRS990/OccupancyGrp/TotalAmt050263
IRS990/OfficeExpensesGrp/ProgramServicesAmt08228
IRS990/OfficeExpensesGrp/TotalAmt08228
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt083048
IRS990/OtherAssetsTotalGrp/EOYAmt085559
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt029867
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029867
IRS990/OtherExpensesGrp/Desc0CURRICULUM AND CLASSROOM
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3HOSPITALITY
IRS990/OtherExpensesGrp/ProgramServicesAmt053017
IRS990/OtherExpensesGrp/ProgramServicesAmt16195
IRS990/OtherExpensesGrp/ProgramServicesAmt23589
IRS990/OtherExpensesGrp/ProgramServicesAmt31197
IRS990/OtherExpensesGrp/TotalAmt053017
IRS990/OtherExpensesGrp/TotalAmt16195
IRS990/OtherExpensesGrp/TotalAmt23589
IRS990/OtherExpensesGrp/TotalAmt31197
IRS990/OtherLiabilitiesGrp/BOYAmt05873
IRS990/OtherLiabilitiesGrp/EOYAmt06777
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0K-1 CRESSON CROSSROADS
IRS990/OtherRevenueMiscGrp/Desc1K-1 CRESSON CROSSROADS
IRS990/OtherRevenueMiscGrp/Desc2K-1 CRESSON ENERGY
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0102
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-40
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0102
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt112
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt2-40
IRS990/OtherRevenueTotalAmt074
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0661005
IRS990/OtherSalariesAndWagesGrp/TotalAmt0661005
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt061335
IRS990/PayrollTaxesGrp/TotalAmt061335
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09405
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03825
IRS990/PrincipalOfficerNm0LUCAS FOLEGATTI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION INCOME, NET OF ASSIST
IRS990/ProgramServiceRevenueGrp/Desc1EXTRA CURRICULAR ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0592100
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt152059
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29290
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31108
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0592100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt152059
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29290
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31108
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0815880
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08790
IRS990/PYOtherExpensesAmt0167539
IRS990/PYOtherRevenueAmt045853
IRS990/PYProgramServiceRevenueAmt0639923
IRS990/PYRevenuesLessExpensesAmt0361250
IRS990/PYSalariesCompEmpBnftPaidAmt0981657
IRS990/PYTotalExpensesAmt01149196
IRS990/PYTotalRevenueAmt01510446
IRS990/ReconcilationRevenueExpnssAmt02101356
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0654557
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0157832
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0668966
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01742086
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01742086
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06777
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01742086
IRS990ScheduleD/TotalLiabilityAmt06777
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0OUR NON-DISCRIMINATORY POLICY IS PRINTED IN OUR RECRUITMENT BROCHURE, APPLICATION PACKETS, STUDENT/PAPER HANDBOOKS, STAFF HANDBOOKS, SCHOOL POLICY MANUALS, AND ON OUR WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt021273
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt071758
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt071758
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt050485
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt021273
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt021273
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct01.00000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksName/BusinessNameLine1Txt0HOOPER LANGLEY & ASSOCIATES PC
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt05310 E US HWY 377
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0GRANBURY
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0TX
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd076049
IRS990ScheduleG/StatesWhereGamingConductedCd0TX
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt07
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt02003775
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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 CURRENT SCHOOL YEAR WE HAD STUDENTS ENROLLED IN GRADES PRE - KINDERGARTEN THROUGH TWELFTH GRADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IKE THOMAS RYAN THOMAS BOARD MEMBER BOARD MEMBER FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE BUSINESS MANAGER AND BOARD PRESIDENT. A COPY OF THE FORM 990 IS AVAILABLE FOR REVIEW BY BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A CONFLICT OF INTEREST QUESTIONNAIRE IS FILLED OUT BY OFFICERS AND KEY EMPLOYEES AND REVIEWED BY THE BOARD ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE IN THE MAIN OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01437093
IRS990/TotalAssetsEOYAmt03678145
IRS990/TotalAssetsGrp/BOYAmt01437093
IRS990/TotalAssetsGrp/EOYAmt03678145
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02335275
IRS990/TotalEmployeeCnt033
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02601
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0893568
IRS990/TotalFunctionalExpensesGrp/TotalAmt0896169
IRS990/TotalGrossUBIAmt074
IRS990/TotalLiabilitiesBOYAmt0139870
IRS990/TotalLiabilitiesEOYAmt0119451
IRS990/TotalLiabilitiesGrp/BOYAmt0139870
IRS990/TotalLiabilitiesGrp/EOYAmt0119451
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01297223
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03558694
IRS990/TotalProgramServiceExpensesAmt0893568
IRS990/TotalProgramServiceRevenueAmt0654557
IRS990/TotalRevenueGrp/ExclusionAmt091
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0662085
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02997525
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt074
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01437093
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03678145
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 41
IRS990/USAddress/CityNm0GRANBURY
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076048
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.GRACECLASSICAL.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LUCAS FOLEGATTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY&TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06824983833
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE CLASSICAL CHRISTIAN 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/PreparationDt02025-10-15

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,678,145
Liabilities
$119,451
Net assets
$3,558,694
Revenue
$2,997,525
Expenses
$896,169
Net income
$2,101,356
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
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