Civic Intelligence

Grace University

990 • Fiscal year 2017 • EIN 47-0384159

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

Organization ProfileWWW.GRACEU.EDU

View Organization Page

1311 South 9th StreetOmaha, NE 68108-3629

(402) 449-2800

Siviq Scores

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

Liabilities / Assets

47th percentile

0.19x

Higher debt load relative to assets than 47% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

42nd percentile

0.17x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

10th percentile

-22%

Higher net margin than 10% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

19th percentile

$85,563

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

1st percentile

-44%

Faster asset growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-38%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$6,686,684

Down $5,152,238 (-44%) from 2016

Net Assets

Down

$5,442,244

Down $1,605,826 (-23%) from 2016

Liabilities

Down

$1,244,440

Down $3,546,412 (-74%) from 2016

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin10th percentile

Revenue

Down

$7,424,125

Down $4,558,286 (-38%) from 2016

Expenses

Down

$9,035,363

Down $4,061,154 (-31%) from 2016

Net Income

Down

-$1,611,238

Down $497,132 (-45%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$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

2017

Assets$6,686,684
Liabilities$1,244,440
Net Assets$5,442,244
Open 2017 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$7,424,125
Expenses$9,035,363
Net Income-$1,611,238
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$15,063,256
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
Land, Buildings, and Equipment, Net$10,177,886$2,142,037▼ $8,035,849
Cash and Non-Interest-Bearing Accounts-$1,827,974-
Savings and Temporary Cash Investments$113,689$1,367,401▲ $1,253,712
Prepaid Expenses and Deferred Charges$332,513$279,503▼ $53,010
Investments in Publicly Traded Securities$188,662$195,252▲ $6,590
Accounts Receivable$351,793$190,553▼ $161,240
Total Assets$11,838,922$6,686,684▼ $5,152,238
Other Assets Total$674,379$683,964▲ $9,585
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,564,122$0▼ $1,564,122
Tax Exempt Bond Liabilities$1,403,687$0▼ $1,403,687
Other Liabilities$556,301$565,046▲ $8,745
Unsecured Notes Loans Payable$294,000$294,000→ $0
Deferred Revenue$305,104$254,616▼ $50,488
Accounts Payable and Accrued Expenses$667,638$130,778▼ $536,860
Total Liabilities$4,790,852$1,244,440▼ $3,546,412
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,534,891$2,785,315▲ $250,424
Permanently Rstr Net Assets$1,957,264$1,959,264▲ $2,000
Unrestricted Net Assets$2,555,915$697,665▼ $1,858,250
Total Net Assets Fund Balance$7,048,070$5,442,244▼ $1,605,826
Total Liabilities and Net Assets / Fund Balance$11,838,922$6,686,684▼ $5,152,238

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$296,703$3,098,829$3,395,532
Leasehold Improvements$745,903$1,422,047$2,167,950
Buildings$417,756$1,749,981$2,167,737
Other Land Buildings$184,552$636,652$821,204
Land$497,123-$497,123
Other Assets Org$683,964--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$2,580,744$2,000▲ $109,936-$2,692,680
2015$2,537,255-▲ $92,620-$2,580,744
2014$2,497,879$2,095▲ $92,821-$2,537,255
2013$2,218,324$33,538▲ $298,673-$2,497,879
2012$2,042,799$3,566▲ $232,090-$2,218,324
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karl PagenkemperVP of AcademicsFT$52,963$32,600$85,563
John HolmesVP Student Life and Donor RelationsFT$69,743$10,220$79,963
Deb OsmansonStudent Services DeanFT$46,778$7,992$54,770
Anita RodriguezDirector of FinanceFT$48,266$272$48,538
Chris PruittVP of Enrollment ServicesFT$27,071$11,750$38,821

Board Members and Trustees

NameTitle
Rev Carlon TschetterChair
Doug Troupe1st Vice Chair
Andrew SigersonTrustee
Curt HoferTrustee
Eric TompkinsTrustee
Grace LongleyTrustee
Joel JensenTrustee
John HundahlTrustee
Tom MorrisonTrustee
Michael GodingTrustee/CEO
William BauhardFormer CEO
Monica MorrisonSecretary
Jerry PetersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$768,961
Program Service Revenue
$7,534,068
Investment Income
$-928,294
Other Revenue
$49,390
All Other Contributions
$760,511
Change in Net Assets
$-1,611,238

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,975,484
Revenue Not Reported on Financial Statements
$1,448,641
Revenue Not Reported on Form 990
$119,668
Other Revenue Adjustments
$1,446,478
Total Revenue per Audited Statements
$6,095,152
Total Revenue per Form 990
$7,424,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,470,068
Other Expenses$3,123,383
Grants and Similar Amounts Paid$2,441,912
Total Fundraising Expense$40,056
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,242,263$441,961-$2,684,224
Grants to Domestic Individuals$2,441,912--$2,441,912
Depreciation Depletion$388,731$121,304-$510,035
Current Officers, Directors, Trustees, and Key Employees$148,482$330,412-$478,894
All Other Expenses$222,269$75,563$4,498$302,330
Travel$194,412$60,667$2,650$257,729
Interest$154,185$48,114-$202,299
Payroll Taxes$144,589$45,119-$189,708
Insurance$128,320$40,043-$168,363
Other Expenses$113,771$35,739$16,221$149,510
Office Expenses$102,062$31,991$3,529$137,582
Other Employee Benefits$103,002$5,803-$108,805
Advertising$61,463$19,179$5,617$86,259
Fees for Services Other$47,798$14,959$7,541$70,298
Fees for Services Legal$51,787$16,160-$67,947
Fees for Services Accounting$26,356$8,224-$34,580
Pension Plan Contributions$6,430$2,007-$8,437
Occupancy$1,796$560-$2,356
Fees for Service Investment Mgmnt Fees-$2,163-$2,163
Total Functional Expenses$7,403,474$1,591,833$40,056$9,035,363

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$9,035,363
Total Expenses per Audited Statements$6,723,999
Expenses per Audited Statements$6,609,743
Expenses Not Reported on Financial Statements$2,425,620
Other Expense Adjustments$2,423,457
Expenses Not Reported on Form 990$114,256
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,043
Fundraising Gross Income$0
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
Annuities Payable$481,355
Student Deposits$83,691
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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, Part VI, Section A, Line 2

“The university's vice-president of student life and donor relations, john holmes, is a brother-in-law of one of the university trustees, curt hofer.”

Form 990, Part VI, Section A, Line 4

“The board approved changes to the constitution/bylaws at their meeting on 11-14-16.”

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 financial officer of the institution. Management and board do not consider it necessary to be reviewed by the board prior to the filing. A filed copy is provided to the board president and treasurer.”

Form 990, Part VI, Section B, Line 12C

“The board annually reviews and signs a conflict disclosure statement.”

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
4024492800
Address
1311 SOUTH 9TH STREET, OMAHA, NE 68108-3629

Signing Officer

Name
Mike Goding
Title
CEO
Phone
4024492800
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Goding
Formed
1943
Legal Domicile
Ne
Voting Board Members
12
Independent Board Members
12
Employees
271
Volunteers
22

Preparer

Firm
Hsmc Orizon LLC
Address
16924 FRANCES ST, OMAHA, NE 68130
Preparer
Gene G Garrelts CPA Cfp
Phone
4023307008
Supplemental Narrative

Additional Explanations

Form 990. Part XII, Line 2C

“NO CHANGE.”

Financial Statement Notes

PART V, LINE 4:

“The university's endowment consists of approximately 15 individual funds established to provide for future financial support to students and operating capital for the university.”

PART X, LINE 2:

“The university has been classified as an organization other than a private foundation and is exempt from income taxes under section 501(c)(3) of the internal revenue code as an organization organized and operated exclusively for religious purposes. The university has adopted an accounting for uncertainty in income taxes policy. As a result of the annual evaluation under the policy, management has determined that there were no unrecognized tax benefits or liabilities as of june 30, 2017. The university files information returns in the united states ("u.s.") federal jurisdiction.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Reclass fundraising event expenses 1,043. Reclass rental expenses 113,213.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Reclass scholarships and grants 2,423,457. Loss on sale of property -976,979.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Reclass fundraising event expenses 1,043. Reclass rental expenses 113,213.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Reclass scholarships and grants 2,423,457.”

Part XI Line 4B and Part XII Line 4B

“Explanation: part xi line 4b and part xii line 4b are made up of a flow through scholarship and grant amounts that are not included on the financial statements.”

Raw XML AppendixShowing 400 of 681 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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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.
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IRS990/Form990PartVIISectionAGrp/PersonNm14KARL PAGENKEMPER
IRS990/Form990PartVIISectionAGrp/PersonNm15WILLIAM BAUHARD
IRS990/Form990PartVIISectionAGrp/PersonNm16JOHN HOLMES
IRS990/Form990PartVIISectionAGrp/PersonNm17CHRIS PRUITT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1246778
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1348266
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1452963
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1669743
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1727071
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ST VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12STUDENT SERVICES DEAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP OF ACADEMICS
IRS990/Form990PartVIISectionAGrp/TitleTxt15FORMER CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP STUDENT LIFE AND DONOR RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP OF ENROLLMENT SERVICES
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01943
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt08450
IRS990/FundraisingDirectExpensesAmt01043
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt0-976979
IRS990/GainOrLossGrp/SecuritiesAmt07010
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt02441912
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02441912
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02441912
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt06546808
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt08098
IRS990/GrossReceiptsAmt015063256
IRS990/GrossRentsGrp/RealAmt0117538
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt040043
IRS990/InsuranceGrp/ProgramServicesAmt0128320
IRS990/InsuranceGrp/TotalAmt0168363
IRS990/InterestGrp/ManagementAndGeneralAmt048114
IRS990/InterestGrp/ProgramServicesAmt0154185
IRS990/InterestGrp/TotalAmt0202299
IRS990/InvestmentIncomeGrp/ExclusionAmt041675
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt041675
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0188662
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0195252
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06907509
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010177886
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02142037
IRS990/LandBldgEquipCostOrOtherBssAmt09049546
IRS990/LegalDomicileStateCd0NE
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt07523787
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01088
IRS990/LessRentalExpensesGrp/RealAmt0113213
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/MortgNotesPyblScrdInvstPropGrp/BOYAmt01564122
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt07048070
IRS990/NetAssetsOrFundBalancesEOYAmt05442244
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt07010
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-976979
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-969969
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-1043
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-1043
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt04325
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04325
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt05412
IRS990/NoncashContributionsAmt018568
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0560
IRS990/OccupancyGrp/ProgramServicesAmt01796
IRS990/OccupancyGrp/TotalAmt02356
IRS990/OfficeExpensesGrp/FundraisingAmt03529
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt031991
IRS990/OfficeExpensesGrp/ProgramServicesAmt0102062
IRS990/OfficeExpensesGrp/TotalAmt0137582
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0674379
IRS990/OtherAssetsTotalGrp/EOYAmt0683964
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05803
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0103002
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0108805
IRS990/OtherExpensesGrp/Desc0SERVICE CONTRACTS
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3BUILDING & EQUIP REPAIR
IRS990/OtherExpensesGrp/FundraisingAmt016221
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0112846
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt196519
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt282500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt335739
IRS990/OtherExpensesGrp/ProgramServicesAmt0296512
IRS990/OtherExpensesGrp/ProgramServicesAmt1262956
IRS990/OtherExpensesGrp/ProgramServicesAmt2264378
IRS990/OtherExpensesGrp/ProgramServicesAmt3113771
IRS990/OtherExpensesGrp/TotalAmt0425579
IRS990/OtherExpensesGrp/TotalAmt1359475
IRS990/OtherExpensesGrp/TotalAmt2346878
IRS990/OtherExpensesGrp/TotalAmt3149510
IRS990/OtherLiabilitiesGrp/BOYAmt0556301
IRS990/OtherLiabilitiesGrp/EOYAmt0565046
IRS990/OtherRevenueMiscGrp/BusinessCd0611310
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt046108
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt046108
IRS990/OtherRevenueTotalAmt046108
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0441961
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02242263
IRS990/OtherSalariesAndWagesGrp/TotalAmt02684224
IRS990/PartialLiquidationInd01
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt045119
IRS990/PayrollTaxesGrp/ProgramServicesAmt0144589
IRS990/PayrollTaxesGrp/TotalAmt0189708
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02007
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06430
IRS990/PensionPlanContributionsGrp/TotalAmt08437
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01957264
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01959264
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0332513
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0279503
IRS990/PrincipalOfficerNm0MIKE GODING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611310
IRS990/ProgramServiceRevenueGrp/BusinessCd1611310
IRS990/ProgramServiceRevenueGrp/BusinessCd2611310
IRS990/ProgramServiceRevenueGrp/BusinessCd3611310
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT LODGING
IRS990/ProgramServiceRevenueGrp/Desc3EDUCATION DEPARTMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06421978
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1598354
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2481287
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt332449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06421978
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1598354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2481287
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt332449
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02195903
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04000757
IRS990/PYInvestmentIncomeAmt0123144
IRS990/PYOtherExpensesAmt04136755
IRS990/PYOtherRevenueAmt041959
IRS990/PYProgramServiceRevenueAmt09621405
IRS990/PYRevenuesLessExpensesAmt0-1114106
IRS990/PYSalariesCompEmpBnftPaidAmt04959005
IRS990/PYTotalExpensesAmt013096517
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011982411
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1611238
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04325
IRS990/ReportInvestmentsOtherSecInd00

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,686,684
Liabilities
$1,244,440
Net assets
$5,442,244
Revenue
$7,424,125
Expenses
$9,035,363
Net income
-$1,611,238
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