Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
EIN 75-2484732 • 501(c)3 • Arlington, TX
Profile
Grace preparatory academy partners with parents to provide a family- centric, christ-centered, college preparatory education where students are allowed to further develop their god-given talents and virtues and become college-worthy character witnesses for christ.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
18th percentile
Faster asset growth than 18% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Assets
Down$8,232,085
Down $455,175 (-5.2%) from 2023
Liabilities
Up$5,858,769
Up $178,986 (+3.2%) from 2023
Net Assets
Down$2,373,316
Down $634,161 (-21%) from 2023
Revenue
Down$5,120,069
Down $1,192,958 (-19%) from 2023
Expenses
Down$5,614,116
Down $101,230 (-1.8%) from 2023
Net Income
Down-$494,047
Down $1,091,728 (-183%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Grace preparatory academy is a private school providing a college preparatory education to approximately 300 to 400 students.
Grace preparatory academy is a private christian university-model school providing a k5-12th grade college preparatory education to approximately 300 to 400 students.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $6,870,563 | $6,794,748 | ▼ $75,815 |
| Cash and Non-Interest-Bearing Accounts | $1,433,934 | $1,087,464 | ▼ $346,470 |
| Investments in Publicly Traded Securities | - | $109,724 | - |
| Accounts Receivable | $51,126 | $78,188 | ▲ $27,062 |
| Prepaid Expenses and Deferred Charges | $118,138 | $52,704 | ▼ $65,434 |
| Total Assets | $8,687,260 | $8,232,085 | ▼ $455,175 |
| Other Assets Total | $213,499 | $109,257 | ▼ $104,242 |
| Liabilities | |||
| Other Liabilities | $4,727,941 | $4,509,814 | ▼ $218,127 |
| Deferred Revenue | $944,556 | $1,105,193 | ▲ $160,637 |
| Accounts Payable and Accrued Expenses | $7,286 | $243,762 | ▲ $236,476 |
| Total Liabilities | $5,679,783 | $5,858,769 | ▲ $178,986 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,977,957 | $2,194,842 | ▼ $783,115 |
| Net Assets With Donor Restrictions | $29,520 | $178,474 | ▲ $148,954 |
| Total Net Assets Fund Balance | $3,007,477 | $2,373,316 | ▼ $634,161 |
| Total Liabilities and Net Assets / Fund Balance | $8,687,260 | $8,232,085 | ▼ $455,175 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $6,168,399 | $2,034,758 | $8,203,157 |
| Equipment | $576,384 | $1,114,339 | $1,690,723 |
| Land | $42,115 | - | $42,115 |
| Other Land Buildings | $7,850 | $23,891 | $31,741 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Susan Crosier | Head of Scho | FT | $150,455 | $150,455 |
| Susan Crosier | Head of School | - | $150,455 | $150,455 |
| Name | Title |
|---|---|
| David Cook | Board Chair |
| Cassidy Moore | Board Member |
| Courtney Walker | Board Member |
| Donna Mackenzie | Board Member |
| Jamey Porter | Board Member |
| Robert Franklin | Board Member |
| Will Eubanks | Board Member |
| Brian Evans | Board Memebe |
| Delario Bolton | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,195,147 |
| Other Expenses | $2,418,969 |
| Total Fundraising Expense | $246,517 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,504,027 | $262,049 | $145,583 | $2,911,659 |
| All Other Expenses | $288,118 | $73,130 | $11,441 | $372,689 |
| Depreciation Depletion | $315,074 | $32,973 | $18,318 | $366,365 |
| Occupancy | $161,240 | $151,686 | $7,684 | $320,610 |
| Fees for Services Other | $96,049 | $163,148 | - | $259,197 |
| Payroll Taxes | $186,835 | $19,553 | $10,863 | $217,251 |
| Travel | $74,106 | $93,897 | $2,128 | $170,131 |
| Interest | $129,269 | $14,727 | $8,182 | $152,178 |
| Insurance | $113,394 | $12,585 | $6,990 | $132,969 |
| Office Expenses | $105,413 | $15,239 | $4,972 | $125,624 |
| Other Expenses | $35,618 | $43,823 | $11,340 | $90,781 |
| Other Employee Benefits | $56,964 | $5,961 | $3,312 | $66,237 |
| Fees for Services Accounting | - | $23,278 | - | $23,278 |
| Advertising | $10,039 | $1,051 | $584 | $11,674 |
| Total Functional Expenses | $4,251,999 | $1,115,600 | $246,517 | $5,614,116 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $5,810,552 |
| Total Expenses per Form 990 | $5,614,116 |
| Expenses per Audited Statements | $5,588,470 |
| Expenses Not Reported on Form 990 | $222,082 |
| Expenses Not Reported on Financial Statements | $25,646 |
| Other Expense Adjustments | $25,646 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Anb Loan 4403 - 1st Mortg | $2,971,448 |
| Anb Loan 4428 - 2nd Mortg | $1,380,920 |
| Operating Lease Liability | $109,257 |
| Credit Cards Payable | $42,810 |
| Payroll Taxes Payable | $19,996 |
| Loan Origination Fees | $-14,617 |
“MEMBERS”
“The 990 is reviewed by the chief financial officers and board finance sub- committee”
“The personnel committee of the board handles the head of school evaluation and compensation decisions.”
“Board of directors head master”
“Governing documents, policies and financial statmeents are available upon request.”
“Grace preparatory academy partners with parents to provide a family- centric, christ-centered, college preparatory education where students are allowed to further develop their god-given talents and virtues and become college-worthy character witnesses for christ.”
“The school relies on 75-100 volunteers to support the faculty and staff in ancillary educational responsibilities”
“Rental revenue 56,322 rental expenses -56,322 book / tax depreciation difference 25,646 total 25,646”
“RENTAL REVENUE 56,322”
“RENTAL EXPENSES 56,322”
“Book / tax depreciation difference 25,646”
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/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 7286 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 243762 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 51126 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 78188 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | GRACE PREPARATORY ACADEMY IS A PRIVATE CHRISTIAN UNIVERSITY-MODEL SCHOOL PROVIDING A K5-12TH GRADE COLLEGE PREPARATORY EDUCATION TO APPROXIMATELY 300 TO 400 STUDENTS. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 584 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 1051 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 10039 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 11674 |
| IRS990/AllOtherContributionsAmt | 0 | 354896 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 11441 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 73130 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 288118 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 372689 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | false |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | CASEY J BOYD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8175573399 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3300 WEST I-20 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ARLINGTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 76017 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1433934 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1087464 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 354896 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 44933 |
| IRS990/CYOtherExpensesAmt | 0 | 2418969 |
| IRS990/CYOtherRevenueAmt | 0 | 848 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 4719392 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -494047 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3195147 |
| IRS990/CYTotalExpensesAmt | 0 | 5614116 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 246517 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5120069 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 944556 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 1105193 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 18318 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 32973 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 315074 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 366365 |
| IRS990/Desc | 0 | GPA IS AN EDUCATIONAL SERVICE PROVIDER THAT SERVES OVER 450 STUDENTS; ENCOMPASSING OVER 300 FAMILIES. THE SCHOOL EMPLOYS APPROXIMATELY 100 INDIVIDUALS TO ACCOMPLISH THIS ONE PROGRAM SERVICE. THE SCHOOL HAS STUDENTS ON CAMPUS 170 DAYS OUT OF THE YEAR. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 29520 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 178474 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 107 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 4251999 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 23278 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 23278 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 163148 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 96049 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 259197 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | SUSAN CROSIER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DELARIO BOLTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DAVID COOK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WILL EUBANKS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BRIAN EVANS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ROBERT FRANKLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DONNA MACKENZIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CASSIDY MOORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JAMEY PORTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | COURTNEY WALKER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 150455 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | HEAD OF SCHO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMEBE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 1992 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 5176391 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 42900 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 6990 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 12585 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 113394 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 132969 |
| IRS990/InterestGrp/FundraisingAmt | 0 | 8182 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 14727 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 129269 |
| IRS990/InterestGrp/TotalAmt | 0 | 152178 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 44933 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 44933 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 109724 |
| IRS990/IRPDocumentCnt | 0 | 36 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3172988 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 6870563 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 6794748 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 9967736 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 56322 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | GRACE PREPARATORY ACADEMY PARTNERS WITH PARENTS TO PROVIDE A FAMILY- CENTRIC, CHRIST-CENTERED, COLLEGE PREPARATORY EDUCATION WHERE STUDENTS ARE ALLOWED TO FURTHER DEVELOP THEIR GOD-GIVEN TALENTS AND VIRTUES AND BECOME COLLEGE-WORTHY CHARACTER WITNESSES FOR CHRIST. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3007477 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2373316 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -13422 |
| IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | -13422 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2977957 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2194842 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 7684 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 151686 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 161240 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 320610 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 4972 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 15239 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 105413 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 125624 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 213499 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 109257 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 25646 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 3312 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 5961 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 56964 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 66237 |
| IRS990/OtherExpensesGrp/Desc | 0 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 1 | SAFETY EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 2 | REPAIRS/MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 3 | MEMBERSHIPS & SUBSCRIPTIO |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 9639 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 5481 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 11340 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 54376 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 138259 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 9865 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 43823 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 80908 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 679 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 94266 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 35618 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 144923 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 138938 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 109612 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 90781 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 4727941 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 4509814 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISC FINANCE REVENUE |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | FINANCE FEE REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 11415 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 2855 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 11415 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 2855 |
| IRS990/OtherRevenueTotalAmt | 0 | 14270 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 145583 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 262049 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2504027 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2911659 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 10863 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 19553 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 186835 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 217251 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 118138 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 52704 |
| IRS990/PrincipalOfficerNm | 0 | DAVID COOK |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -165760 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION & FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4719392 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 4719392 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1622333 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 59 |
| IRS990/PYOtherExpensesAmt | 0 | 2626641 |
| IRS990/PYOtherRevenueAmt | 0 | 2871 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 4687764 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 597681 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 3088705 |
| IRS990/PYTotalExpensesAmt | 0 | 5715346 |
| IRS990/PYTotalRevenueAmt | 0 | 6313027 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -494047 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -13422 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 576384 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1114339 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1690723 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 222082 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 25646 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 5588470 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 42115 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 42115 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 6168399 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 2034758 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 8203157 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 56322 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 25646 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 7850 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 23891 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 31741 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 2971448 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 1380920 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 109257 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 42810 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 19996 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 5 | -14617 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ANB LOAN 4403 - 1ST MORTG |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ANB LOAN 4428 - 2ND MORTG |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | OPERATING LEASE LIABILITY |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | CREDIT CARDS PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | PAYROLL TAXES PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 5 | LOAN ORIGINATION FEES |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 56322 |
| IRS990ScheduleD/PriorYearAdjustmentsAmt | 0 | 165760 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 56322 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 5120069 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | RENTAL REVENUE 56,322 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | RENTAL EXPENSES 56,322 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | BOOK / TAX DEPRECIATION DIFFERENCE 25,646 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 4, PART XI, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 4, PART XII, LINE 4B |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 6794748 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 5614116 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 4509814 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 5120069 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 5176391 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 5810552 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | PUBLISHED THE REQUIRED NOTICE USING ITS INTERNET WEBSITE |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/CompensationCommitteeInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 150455 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | SUSAN CROSIER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | HEAD OF SCHOOL |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 150455 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990ScheduleJ/WrittenEmploymentContractInd | 0 | X |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | GRACE PREPARATORY ACADEMY PARTNERS WITH PARENTS TO PROVIDE A FAMILY- CENTRIC, CHRIST-CENTERED, COLLEGE PREPARATORY EDUCATION WHERE STUDENTS ARE ALLOWED TO FURTHER DEVELOP THEIR GOD-GIVEN TALENTS AND VIRTUES AND BECOME COLLEGE-WORTHY CHARACTER WITNESSES FOR CHRIST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE SCHOOL RELIES ON 75-100 VOLUNTEERS TO SUPPORT THE FACULTY AND STAFF IN ANCILLARY EDUCATIONAL RESPONSIBILITIES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MEMBERS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICERS AND BOARD FINANCE SUB- COMMITTEE |
No mirrored PDF or thumbnail assets are attached yet.