Civic Intelligence

Grace University

EIN 47-0384159 • 501(c)3 • Omaha, NE

View Organization Page

Profile

Grace university exists to develop servant leaders for the home, the church, and the world through excellence in biblically-integrated education and through life change in a personal, discipling environment, all for the glory of god.

4309 N 142nd StreetOmaha, NE 68164-5038

www.graceu.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

1st percentile

-10833%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

3rd percentile

-53%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-70%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets18th percentile

Assets

Down

$1,715,138

Down $1,965,383 (-53%) from 2020

Liabilities

Down

$0

Down $438,495 (-100%) from 2020

Net Assets

Down

$1,715,138

Down $1,526,888 (-47%) from 2020

Operations
Liabilities / Revenue19th percentileNet Margin1st percentile

Revenue

Down

$14,095

Down $33,124 (-70%) from 2020

Expenses

Up

$1,540,983

Up $1,303,091 (+548%) from 2020

Net Income

Down

-$1,526,888

Down $1,336,215 (-701%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth3rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $16,468,323Liabilities 2010: $4,101,614Net Assets 2010: $12,366,7092010Assets 2011: $16,361,041Liabilities 2011: $3,961,966Net Assets 2011: $12,399,0752011Assets 2012: $16,723,405Liabilities 2012: $3,747,333Net Assets 2012: $12,976,0722012Assets 2013: $16,580,553Liabilities 2013: $4,638,559Net Assets 2013: $11,941,9942013Assets 2014: $15,757,612Liabilities 2014: $5,278,435Net Assets 2014: $10,479,1772014Assets 2015: $13,927,239Liabilities 2015: $5,648,537Net Assets 2015: $8,278,7022015Assets 2016: $11,838,922Liabilities 2016: $4,790,852Net Assets 2016: $7,048,0702016Assets 2017: $6,686,684Liabilities 2017: $1,244,440Net Assets 2017: $5,442,2442017Assets 2018: $4,373,093Liabilities 2018: $717,360Net Assets 2018: $3,655,7332018Assets 2019: $5,102,543Liabilities 2019: $1,269,864Net Assets 2019: $3,832,6792019Assets 2020: $3,680,521Liabilities 2020: $438,495Net Assets 2020: $3,242,0262020Assets 2021: $1,715,138Liabilities 2021: $0Net Assets 2021: $1,715,1382021

Highlighted filing

2021

Assets$1,715,138
Liabilities$0
Net Assets$1,715,138
Open 2021 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $9,054,8432010Expenses 2011: $9,475,9572011Expenses 2012: $9,687,4972012Revenue 2013: $9,040,882Expenses 2013: $10,233,402Net Income 2013: -$1,192,5202013Revenue 2014: $12,325,038Expenses 2014: $13,417,142Net Income 2014: -$1,092,1042014Revenue 2015: $11,380,324Expenses 2015: $13,473,545Net Income 2015: -$2,093,2212015Revenue 2016: $11,982,411Expenses 2016: $13,096,517Net Income 2016: -$1,114,1062016Revenue 2017: $7,424,125Expenses 2017: $9,035,363Net Income 2017: -$1,611,2382017Revenue 2018: $5,583,064Expenses 2018: $7,380,021Net Income 2018: -$1,796,9572018Revenue 2019: $180,031Expenses 2019: $180,031Net Income 2019: $02019Revenue 2020: $47,219Expenses 2020: $237,892Net Income 2020: -$190,6732020Revenue 2021: $14,095Expenses 2021: $1,540,983Net Income 2021: -$1,526,8882021

Highlighted filing

2021

Revenue$14,095
Expenses$1,540,983
Net Income-$1,526,888
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,715,138
Liabilities
$0
Net assets
$1,715,138
Revenue
$14,095
Expenses
$1,540,983
Net income
-$1,526,888
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$0.01$1.54$1.53
2020Detailed filing. Detailed filing data is available for this year.$3.68$0.44$3.24$0.05$0.24$0.19
2019Detailed filing. Detailed filing data is available for this year.$5.10$1.27$3.83$0.18$0.18$0.00
2018Detailed filing. Detailed filing data is available for this year.$4.37$0.72$3.66$5.58$7.38$1.80
2017Detailed filing. Detailed filing data is available for this year.$6.69$1.24$5.44$7.42$9.04$1.61
2016Detailed filing. Detailed filing data is available for this year.$11.8$4.79$7.05$12.0$13.1$1.11
2015Detailed filing. Detailed filing data is available for this year.$13.9$5.65$8.28$11.4$13.5$2.09
2014Detailed filing. Detailed filing data is available for this year.$15.8$5.28$10.5$12.3$13.4$1.09
2013Summary only. Only limited summary data is available for this year.$16.6$4.64$11.9$9.04$10.2$1.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$3.75$13.0$9.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$3.96$12.4$9.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$4.10$12.4$9.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 12, 2021
Return Version
2020v4.1
Gross Receipts
$14,095
Mission and Program Overview

Mission

Grace university exists to develop servant leaders for the home, the church, and the world through excellence in biblically-integrated education and through life change in a personal, discipling environment, all for the glory of god.

Grace university exists to develop leaders for the home, the church, and the world through excellence in biblically-integrated education and through life change in a personal, discipling environment, all for the glory of god.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,908,362$948,782▼ $1,959,580
Savings and Temporary Cash Investments$766,356$766,356→ $0
Investments in Publicly Traded Securities$5,803--
Total Assets$3,680,521$1,715,138▼ $1,965,383
Liabilities
Other Liabilities$423,463$0▼ $423,463
Accounts Payable and Accrued Expenses$15,032--
Total Liabilities$438,495$0▼ $438,495
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,242,026$1,715,138▼ $1,526,888
Total Net Assets Fund Balance$3,242,026$1,715,138▼ $1,526,888
Total Liabilities and Net Assets / Fund Balance$3,680,521$1,715,138▼ $1,965,383

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,334,165$-2,334,165---
2017$2,692,680-▲ $153,534-$2,334,165
2016$2,580,744$2,000▲ $109,936-$2,692,680
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Michael GodingCEOPT$28,925$28,925
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,271
Other Revenue
$11,824
Change in Net Assets
$-1,526,888
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,500,000
Other Expenses$40,983
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,500,000--$1,500,000
Other Expenses-$26,891-$26,891
Fees for Services Accounting-$14,092-$14,092
Total Functional Expenses$1,500,000$40,983$0$1,540,983
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Christian FoundationOverland Park, KS501(c)(3)The Grace University Legacy Scholarship Fund$1,500,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization adopted a plan of dissolution effective april 2, 2019. As part of the plan of dissolution, certain of the prior board of trustees were designated as representatives to wind down the activities of the organization and to take all necessary and reasonable actions to effect the dissolution of the organization.”

Form 990, Part VI, Section A, Line 8B

“Grace university does not have any formal committees whereas the committee has the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“Grace university's form 990 is reviewed by the chief executive officer of the institution.”

Form 990, Part VI, Section B, Line 12

“Not applicable - the institution is closed and there is no board.”

Form 990, Part VI, Section C, Line 19

“Grace university does not make their governing documents, conflict of interest policy, or financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
Grace University
EIN
47-0384159
Phone
4026767617
Address
4309 N 142ND STREET, OMAHA, NE 68164-5038

Signing Officer

Name
Michael Goding
Title
CEO
Phone
4026767617
Signed
2021-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Goding
Formed
1943
Legal Domicile
Ne
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Lutz and Company Pc
Address
13616 CALIFORNIA ST STE 300, OMAHA, NE 68154-5336
Preparer
Deyna C Rouse
Phone
4024968800
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“As part of the organization's plan of dissolution, funds that were previously considered endowed were no longer deemed to be endowed. Communication occurred with the donors that previously endowed those funds to obtain their consent to utilize the funds to settle the organization's wind down obligations and transfer any remaining funds to other colleges (all 501(c)(3) entities) with missions similar to that of the organization.”

Raw XML Appendix303 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015032
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0GRACE UNIVERSITY EXISTS TO DEVELOP LEADERS FOR THE HOME, THE CHURCH, AND THE WORLD THROUGH EXCELLENCE IN BIBLICALLY-INTEGRATED EDUCATION AND THROUGH LIFE CHANGE IN A PERSONAL, DISCIPLING ENVIRONMENT, ALL FOR THE GLORY OF GOD.
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL GODING
IRS990/BooksInCareOfDetail/PhoneNum04026767617
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04309 N 142ND STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0OMAHA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0681645038
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02908362
IRS990/CashNonInterestBearingGrp/EOYAmt0948782
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt01500000
IRS990/CYInvestmentIncomeAmt02271
IRS990/CYOtherExpensesAmt040983
IRS990/CYOtherRevenueAmt011824
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1526888
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01540983
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt014095
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0ALTHOUGH GRACE UNIVERSITY CEASED OPERATIONS AS OF JULY 1, 2018. IN THE 2020-2021 FISCAL YEAR, THERE WAS A DONOR-ADVISED FUND SET UP WITH THE NATIONAL CHRISTIAN FOUNDATION FOR DISTRIBUTION TO A GROUP OF SIX CHRISTIAN COLLEGES/UNIVERSITIES THAT HAD BEEN DESIGNATED BY THE GRACE BOARD OF TRUSTEES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01500000
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014092
IRS990/FeesForServicesAccountingGrp/TotalAmt014092
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL GODING
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt028925
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01943
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantAmt01500000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01500000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01500000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt014095
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt02271
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02271
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05803
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0GRACE UNIVERSITY EXISTS TO DEVELOP SERVANT LEADERS FOR THE HOME, THE CHURCH, AND THE WORLD THROUGH EXCELLENCE IN BIBLICALLY-INTEGRATED EDUCATION AND THROUGH LIFE CHANGE IN A PERSONAL, DISCIPLING ENVIRONMENT, ALL FOR THE GLORY OF GOD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03242026
IRS990/NetAssetsOrFundBalancesEOYAmt01715138
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03242026
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01715138
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONSULTING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026891
IRS990/OtherExpensesGrp/TotalAmt026891
IRS990/OtherLiabilitiesGrp/BOYAmt0423463
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0611310
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011824
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011824
IRS990/OtherRevenueTotalAmt011824
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL GODING
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt046546
IRS990/PYOtherExpensesAmt0237892
IRS990/PYOtherRevenueAmt0673
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-190673
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0237892
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt047219
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1526888
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0766356
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0766356
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02334165
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0-2334165
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0355441
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02692680
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02334165
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0156608
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0153534
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02580744
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02692680
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0109936
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS PART OF THE ORGANIZATION'S PLAN OF DISSOLUTION, FUNDS THAT WERE PREVIOUSLY CONSIDERED ENDOWED WERE NO LONGER DEEMED TO BE ENDOWED. COMMUNICATION OCCURRED WITH THE DONORS THAT PREVIOUSLY ENDOWED THOSE FUNDS TO OBTAIN THEIR CONSENT TO UTILIZE THE FUNDS TO SETTLE THE ORGANIZATION'S WIND DOWN OBLIGATIONS AND TRANSFER ANY REMAINING FUNDS TO OTHER COLLEGES (ALL 501(C)(3) ENTITIES) WITH MISSIONS SIMILAR TO THAT OF THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd01
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0IT IS STATED IN THE CATALOGUE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE UNIVERSITY RECEIVED ASSISTANCE FROM VARIOUS U.S. DEPARTMENT OF EDUCATION PROGRAMS. THE UNIVERSITY HAS SINCE BEEN UNABLE TO CONTINUE OPERATIONS DUE TO FINANCIAL HARDSHIP.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt01500000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0THE GRACE UNIVERSITY LEGACY SCHOLARSHIP FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NATIONAL CHRISTIAN FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0581493949
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt07015 COLLEGE BOULEVARD SUITE 250
IRS990ScheduleI/RecipientTable/USAddress/CityNm0OVERLAND PARK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KS
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd066211
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADOPTED A PLAN OF DISSOLUTION EFFECTIVE APRIL 2, 2019. AS PART OF THE PLAN OF DISSOLUTION, CERTAIN OF THE PRIOR BOARD OF TRUSTEES WERE DESIGNATED AS REPRESENTATIVES TO WIND DOWN THE ACTIVITIES OF THE ORGANIZATION AND TO TAKE ALL NECESSARY AND REASONABLE ACTIONS TO EFFECT THE DISSOLUTION OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRACE UNIVERSITY DOES NOT HAVE ANY FORMAL COMMITTEES WHEREAS THE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRACE UNIVERSITY'S FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER OF THE INSTITUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NOT APPLICABLE - THE INSTITUTION IS CLOSED AND THERE IS NO BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GRACE UNIVERSITY DOES NOT MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03680521
IRS990/TotalAssetsEOYAmt01715138
IRS990/TotalAssetsGrp/BOYAmt03680521
IRS990/TotalAssetsGrp/EOYAmt01715138
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040983
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01500000
IRS990/TotalFunctionalExpensesGrp/TotalAmt01540983
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0438495
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0438495
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03242026
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01715138
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01500000
IRS990/TotalReportableCompFromOrgAmt028925
IRS990/TotalRevenueGrp/ExclusionAmt02271
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011824
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt014095
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03680521
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01715138
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04309 N 142ND STREET
IRS990/USAddress/CityNm0OMAHA
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd0681645038
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL GODING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04026767617
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0470384159
ReturnHeader/Filer/PhoneNum04026767617
ReturnHeader/Filer/USAddress/AddressLine1Txt04309 N 142ND STREET
ReturnHeader/Filer/USAddress/CityNm0OMAHA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd0681645038
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470625816
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUTZ AND COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013616 CALIFORNIA ST STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OMAHA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0681545336
ReturnHeader/PreparerPersonGrp/PhoneNum04024968800
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEYNA C ROUSE
ReturnHeader/ReturnTs02021-10-13T18:57:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GODING
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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