Civic Intelligence

Gpa Ministries Inc

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.

PO Box 170958Arlington, TX 76003-0958

www.graceprep.org

Siviq Scores

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

Liabilities / Assets

87th percentile

0.71x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

1.14x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

20th percentile

-9.6%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

18th percentile

-5.2%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-19%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

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

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $2,563,757Liabilities 2011: $2,423,863Net Assets 2011: $139,8942011Assets 2012: $3,008,696Liabilities 2012: $2,937,849Net Assets 2012: $70,8472012Assets 2013: $3,508,617Liabilities 2013: $3,033,620Net Assets 2013: $474,9972013Assets 2014: $1,663,228Liabilities 2014: $1,328,497Net Assets 2014: $334,7312014Assets 2015: $1,582,785Liabilities 2015: $1,301,831Net Assets 2015: $280,9542015Assets 2016: $2,232,801Liabilities 2016: $1,225,849Net Assets 2016: $1,006,9522016Assets 2017: $5,990,804Liabilities 2017: $4,011,502Net Assets 2017: $1,979,3022017Assets 2018: $8,061,814Liabilities 2018: $5,647,039Net Assets 2018: $2,414,7752018Assets 2019: $7,552,850Liabilities 2019: $5,218,849Net Assets 2019: $2,334,0012019Assets 2020: $7,876,785Liabilities 2020: $6,215,495Net Assets 2020: $1,661,2902020Assets 2021: $8,213,715Liabilities 2021: $6,294,401Net Assets 2021: $1,919,3142021Assets 2022: $8,162,043Liabilities 2022: $5,752,247Net Assets 2022: $2,409,7962022Assets 2023: $8,687,260Liabilities 2023: $5,679,783Net Assets 2023: $3,007,4772023Assets 2024: $8,232,085Liabilities 2024: $5,858,769Net Assets 2024: $2,373,3162024

Highlighted filing

2024

Assets$8,232,085
Liabilities$5,858,769
Net Assets$2,373,316

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,265,236Expenses 2011: $2,190,583Net Income 2011: $74,6532011Expenses 2012: $2,368,8212012Revenue 2013: $2,231,152Expenses 2013: $2,193,489Net Income 2013: $37,6632013Revenue 2014: $2,571,380Expenses 2014: $2,556,836Net Income 2014: $14,5442014Revenue 2015: $2,524,163Expenses 2015: $2,507,948Net Income 2015: $16,2152015Revenue 2016: $3,153,323Expenses 2016: $2,427,325Net Income 2016: $725,9982016Revenue 2017: $3,637,540Expenses 2017: $2,665,190Net Income 2017: $972,3502017Revenue 2018: $4,292,406Expenses 2018: $3,960,290Net Income 2018: $332,1162018Revenue 2019: $4,223,611Expenses 2019: $4,304,385Net Income 2019: -$80,7742019Revenue 2020: $4,482,589Expenses 2020: $4,353,680Net Income 2020: $128,9092020Revenue 2021: $4,872,834Expenses 2021: $4,636,271Net Income 2021: $236,5632021Revenue 2022: $5,567,578Expenses 2022: $5,077,096Net Income 2022: $490,4822022Revenue 2023: $6,313,027Expenses 2023: $5,715,346Net Income 2023: $597,6812023Revenue 2024: $5,120,069Expenses 2024: $5,614,116Net Income 2024: -$494,0472024

Highlighted filing

2024

Revenue$5,120,069
Expenses$5,614,116
Net Income-$494,047

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.23$5.86$2.37$5.12$5.61$0.49
2023Detailed filing. Detailed filing data is available for this year.$8.69$5.68$3.01$6.31$5.72$0.60
2022Detailed filing. Detailed filing data is available for this year.$8.16$5.75$2.41$5.57$5.08$0.49
2021Detailed filing. Detailed filing data is available for this year.$8.21$6.29$1.92$4.87$4.64$0.24
2020Detailed filing. Detailed filing data is available for this year.$7.88$6.22$1.66$4.48$4.35$0.13
2019Detailed filing. Detailed filing data is available for this year.$7.55$5.22$2.33$4.22$4.30$0.08
2018Detailed filing. Detailed filing data is available for this year.$8.06$5.65$2.41$4.29$3.96$0.33
2017Summary only. Only limited summary data is available for this year.$5.99$4.01$1.98$3.64$2.67$0.97
2016Summary only. Only limited summary data is available for this year.$2.23$1.23$1.01$3.15$2.43$0.73
2015Summary only. Only limited summary data is available for this year.$1.58$1.30$0.28$2.52$2.51$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.66$1.33$0.33$2.57$2.56$0.01
2013Summary only. Only limited summary data is available for this year.$3.51$3.03$0.47$2.23$2.19$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$2.94$0.07$2.37
2011Summary only. Only limited summary data is available for this year.$2.56$2.42$0.14$2.27$2.19$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 19, 2024
Return Version
2023v6.0
Gross Receipts
$5,176,391
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan CrosierHead of SchoFT$150,455$150,455
Susan CrosierHead of School-$150,455$150,455

Board Members and Trustees

NameTitle
David CookBoard Chair
Cassidy MooreBoard Member
Courtney WalkerBoard Member
Donna MackenzieBoard Member
Jamey PorterBoard Member
Robert FranklinBoard Member
Will EubanksBoard Member
Brian EvansBoard Memebe
Delario BoltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$354,896
Program Service Revenue
$4,719,392
Investment Income
$44,933
Other Revenue
$848
All Other Contributions
$354,896
Change in Net Assets
$-494,047

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,120,069
Revenue Not Reported on Form 990
$56,322
Total Revenue per Audited Statements
$5,176,391
Total Revenue per Form 990
$5,120,069
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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

Audited Expense Reconciliation

Line ItemAmount
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
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
Yes
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 6

MEMBERS

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

The 990 is reviewed by the chief financial officers and board finance sub- committee

Form 990, Page 6, Part VI, Line 15A

The personnel committee of the board handles the head of school evaluation and compensation decisions.

Form 990, Page 6, Part VI, Line 15B

Board of directors head master

Form 990, Page 6, Part VI, Line 19

Governing documents, policies and financial statmeents are available upon request.

Filing and Contact Details

Filer

Filer Name
Gpa Ministries Inc
EIN
75-2484732
Phone
8175573399
Address
PO BOX 170958, ARLINGTON, TX 76003-0958

Signing Officer

Name
David Cook
Title
Board Chair
Phone
8175573399
Signed
2024-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Cook
Formed
1992
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
107
Volunteers
75,100

Preparer

Firm
Psk Llp
Address
3001 MEDLIN DR STE 100, ARLINGTON, TX 76015
Preparer
Kathy Howlett
Phone
8176643000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

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.

Form 990, Page 1, Part I, Line 6

The school relies on 75-100 volunteers to support the faculty and staff in ancillary educational responsibilities

Form 990, Part XI, Line 9

Rental revenue 56,322 rental expenses -56,322 book / tax depreciation difference 25,646 total 25,646

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

RENTAL REVENUE 56,322

Schedule D, Page 4, Part XII, Line 2D

RENTAL EXPENSES 56,322

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference 25,646

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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/InsuranceGrp/ManagementAndGeneralAmt012585
IRS990/InsuranceGrp/ProgramServicesAmt0113394
IRS990/InsuranceGrp/TotalAmt0132969
IRS990/InterestGrp/FundraisingAmt08182
IRS990/InterestGrp/ManagementAndGeneralAmt014727
IRS990/InterestGrp/ProgramServicesAmt0129269
IRS990/InterestGrp/TotalAmt0152178
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt044933
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt0109724
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03172988
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06870563
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06794748
IRS990/LandBldgEquipCostOrOtherBssAmt09967736
IRS990/LegalDomicileStateCd0TX
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0GRACE 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/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt02373316
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-13422
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-13422
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02977957
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02194842
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt07684
IRS990/OccupancyGrp/ManagementAndGeneralAmt0151686
IRS990/OccupancyGrp/ProgramServicesAmt0161240
IRS990/OccupancyGrp/TotalAmt0320610
IRS990/OfficeExpensesGrp/FundraisingAmt04972
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015239
IRS990/OfficeExpensesGrp/ProgramServicesAmt0105413
IRS990/OfficeExpensesGrp/TotalAmt0125624
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0109257
IRS990/OtherChangesInNetAssetsAmt025646
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03312
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05961
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt056964
IRS990/OtherEmployeeBenefitsGrp/TotalAmt066237
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1SAFETY EXPENSE
IRS990/OtherExpensesGrp/Desc2REPAIRS/MAINTENANCE
IRS990/OtherExpensesGrp/Desc3MEMBERSHIPS & SUBSCRIPTIO
IRS990/OtherExpensesGrp/FundraisingAmt09639
IRS990/OtherExpensesGrp/FundraisingAmt15481
IRS990/OtherExpensesGrp/FundraisingAmt211340
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt054376
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1138259
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29865
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt343823
IRS990/OtherExpensesGrp/ProgramServicesAmt080908
IRS990/OtherExpensesGrp/ProgramServicesAmt1679
IRS990/OtherExpensesGrp/ProgramServicesAmt294266
IRS990/OtherExpensesGrp/ProgramServicesAmt335618
IRS990/OtherExpensesGrp/TotalAmt0144923
IRS990/OtherExpensesGrp/TotalAmt1138938
IRS990/OtherExpensesGrp/TotalAmt2109612
IRS990/OtherExpensesGrp/TotalAmt390781
IRS990/OtherLiabilitiesGrp/BOYAmt04727941
IRS990/OtherLiabilitiesGrp/EOYAmt04509814
IRS990/OtherRevenueMiscGrp/Desc0MISC FINANCE REVENUE
IRS990/OtherRevenueMiscGrp/Desc1FINANCE FEE REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011415
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12855
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011415
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12855
IRS990/OtherRevenueTotalAmt014270
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0145583
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0262049
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02504027
IRS990/OtherSalariesAndWagesGrp/TotalAmt02911659
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt010863
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019553
IRS990/PayrollTaxesGrp/ProgramServicesAmt0186835
IRS990/PayrollTaxesGrp/TotalAmt0217251
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0118138
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt052704
IRS990/PrincipalOfficerNm0DAVID COOK
IRS990/PriorPeriodAdjustmentsAmt0-165760
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04719392
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04719392
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01622333
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt059
IRS990/PYOtherExpensesAmt02626641
IRS990/PYOtherRevenueAmt02871
IRS990/PYProgramServiceRevenueAmt04687764
IRS990/PYRevenuesLessExpensesAmt0597681
IRS990/PYSalariesCompEmpBnftPaidAmt03088705
IRS990/PYTotalExpensesAmt05715346
IRS990/PYTotalRevenueAmt06313027
IRS990/ReconcilationRevenueExpnssAmt0-494047
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-13422
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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/EquipmentGrp/BookValueAmt0576384
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01114339
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01690723
IRS990ScheduleD/ExpensesNotReportedAmt0222082
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt025646
IRS990ScheduleD/ExpensesSubtotalAmt05588470
IRS990ScheduleD/LandGrp/BookValueAmt042115
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt042115
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06168399
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02034758
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt08203157
IRS990ScheduleD/OtherExpensesIncludedAmt056322
IRS990ScheduleD/OtherExpensesNotIncludedAmt025646
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07850
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023891
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031741
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02971448
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11380920
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2109257
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt342810
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt419996
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5-14617
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ANB LOAN 4403 - 1ST MORTG
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ANB LOAN 4428 - 2ND MORTG
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPERATING LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CREDIT CARDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5LOAN ORIGINATION FEES
IRS990ScheduleD/OtherRevenueAmt056322
IRS990ScheduleD/PriorYearAdjustmentsAmt0165760
IRS990ScheduleD/RevenueNotReportedAmt056322
IRS990ScheduleD/RevenueSubtotalAmt05120069
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTAL REVENUE 56,322
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 56,322
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BOOK / TAX DEPRECIATION DIFFERENCE 25,646
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06794748
IRS990ScheduleD/TotalExpensesPerForm990Amt05614116
IRS990ScheduleD/TotalLiabilityAmt04509814
IRS990ScheduleD/TotalRevenuePerForm990Amt05120069
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05176391
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05810552
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/ExplanationTxt0PUBLISHED THE REQUIRED NOTICE USING ITS INTERNET WEBSITE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150455
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SUSAN CROSIER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF SCHOOL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0150455
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRACE 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/ExplanationTxt1THE SCHOOL RELIES ON 75-100 VOLUNTEERS TO SUPPORT THE FACULTY AND STAFF IN ANCILLARY EDUCATIONAL RESPONSIBILITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICERS AND BOARD FINANCE SUB- COMMITTEE

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