Civic Intelligence

Grace Classical School Inc.

990EZ • Fiscal year 2017 • EIN 81-0789133

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 04, 2017

Organization ProfileWWW.GRACECLASSICAL.NET
PO Box 12034Jacksonville, NC 28546

(910) 526-0718

Siviq Scores

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

Liabilities / Assets

98th percentile

1.65x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.16x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Net Margin

26th percentile

-8.2%

Higher net margin than 26% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Top Officer Pay

85th percentile

$2,084

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets98th percentile

Assets

$8,018

No earlier filing loaded for comparison.

Net Assets

-$5,242

No earlier filing loaded for comparison.

Liabilities

$13,260

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin26th percentile

Revenue

$84,825

No earlier filing loaded for comparison.

Expenses

$91,740

No earlier filing loaded for comparison.

Net Income

-$6,915

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0-$100KAssets 2017: $8,018Liabilities 2017: $13,260Net Assets 2017: -$5,2422017Assets 2018: $17,460Liabilities 2018: $6,523Net Assets 2018: $10,9372018Assets 2019: $81,759Liabilities 2019: $19,394Net Assets 2019: $62,3652019Assets 2020: $85,493Liabilities 2020: $26,360Net Assets 2020: $59,1332020Assets 2021: $143,378Liabilities 2021: $23,912Net Assets 2021: $119,4662021Assets 2022: $187,790Liabilities 2022: $17,133Net Assets 2022: $170,6572022Assets 2023: $245,954Liabilities 2023: $10,458Net Assets 2023: $235,4962023Assets 2024: $286,446Liabilities 2024: $19,728Net Assets 2024: $266,7182024Assets 2025: $256,765Liabilities 2025: $2,703Net Assets 2025: $254,0622025

Highlighted filing

2017

Assets$8,018
Liabilities$13,260
Net Assets-$5,242
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2017: $84,825Expenses 2017: $91,740Net Income 2017: -$6,9152017Revenue 2018: $126,942Expenses 2018: $110,763Net Income 2018: $16,1792018Revenue 2019: $211,859Expenses 2019: $160,431Net Income 2019: $51,4282019Revenue 2020: $245,296Expenses 2020: $248,528Net Income 2020: -$3,2322020Revenue 2021: $322,662Expenses 2021: $262,329Net Income 2021: $60,3332021Revenue 2022: $392,663Expenses 2022: $341,472Net Income 2022: $51,1912022Revenue 2023: $500,720Expenses 2023: $435,881Net Income 2023: $64,8392023Revenue 2024: $517,876Expenses 2024: $486,654Net Income 2024: $31,2222024Revenue 2025: $610,128Expenses 2025: $622,784Net Income 2025: -$12,6562025

Highlighted filing

2017

Revenue$84,825
Expenses$91,740
Net Income-$6,915
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 4, 2017
Return Version
2016v3.0
Gross Receipts
$85,650
Mission and Program Overview

Mission

Grace classical school's mission is to partner with parents in educating their children utilizing the classical model in light of a christian worldview grounded in the scriptures.

Grace classical school aims to partner with parents in educating their children utilizing the classical model in light of a christian worldview grounded in the scriptures.

Program Services

DescriptionGrantsExpenses
GRACE CLASSICAL SCHOOL HAD 28 STUDENTS ENROLLED DURING ITS FIRST YEAR OF OPERATION-$90,235
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SARA BEACHYFaculty DirePT$2,084-$2,084
KATIE MARTINPresidentPT$0--
LIESL CHRISTENSENVice Preside-$0--
PAIGE TAYLORSecretaryPT$0--
JOSEPH SHANE MARTINTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Grace Classical School Inc
EIN
81-0789133
Phone
9105260718
Address
PO BOX 12034, JACKSONVILLE, NC 28546

Signing Officer

Name
Katie Martin
Title
President
Phone
2528640064
Signed
2017-10-04

Preparer

Firm
William M Rogers Pa
Address
825 GUM BRANCH ROAD SUITE 101, JACKSONVILLE, NC 28540
Preparer
Judy W Frink CPA
Phone
9103462259
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses 283 4,720 206 3,080 1,143 teaching materials/suppli 5,546 dues & subscriptions 525 meals 310 other expenses 282 total 16,095”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 1,780 deferred revenue 3,000 11,480”

Form 990-ez, Part III

“Grace classical school aims to partner with parents in educating their children utilizing the classical model in light of a christian worldview grounded in the scriptures.”

Raw XML Appendix140 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WILLIAM M ROGERS PA
IRS990EZ/BooksInCareOfDetail/PhoneNum09103462259
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0825 GUM BRANCH ROAD SUITE 101
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JACKSONVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028540
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04673
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08018
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05386
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6915
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02460
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04673
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08018
IRS990EZ/FundraisingGrossIncomeAmt01173
IRS990EZ/GrossReceiptsAmt085650
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01673
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-5242
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01673
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-5242
IRS990EZ/OccupancyRentUtltsAndMaintAmt010000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt430.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt42084
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATIE MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LIESL CHRISTENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAIGE TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOSEPH SHANE MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SARA BEACHY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4FACULTY DIRE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt016095
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0GRACE CLASSICAL SCHOOL AIMS TO PARTNER WITH PARENTS IN EDUCATING THEIR CHILDREN UTILIZING THE CLASSICAL MODEL IN LIGHT OF A CHRISTIAN WORLDVIEW GROUNDED IN THE SCRIPTURES.
IRS990EZ/ProgramServiceRevenueAmt079091
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRACE CLASSICAL SCHOOL HAD 28 STUDENTS ENROLLED DURING ITS FIRST YEAR OF OPERATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt090235
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt063185
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt0825
IRS990EZ/SpecialEventsNetIncomeLossAmt0348
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt013260
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt091740
IRS990EZ/TotalProgramServiceExpensesAmt090235
IRS990EZ/TotalRevenueAmt084825
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GRACECLASSICAL.NET
IRS990ScheduleA/SchoolInd0X
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/ExplanationTxt0THE SCHOOL HAS NOT SOLICITED FOR STUDENTS THROUGH THE MEDIA. THE SHCOOL DOES INCLUDE A STATEMENT ON THE WEBSITE AND ALL CORRESPONDENCE CONCERNING NON-DISCRIMINATION POLICIES
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 283 4,720 206 3,080 1,143 TEACHING MATERIALS/SUPPLI 5,546 DUES & SUBSCRIPTIONS 525 MEALS 310 OTHER EXPENSES 282 TOTAL 16,095
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 1,780 DEFERRED REVENUE 3,000 11,480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRACE CLASSICAL SCHOOL AIMS TO PARTNER WITH PARENTS IN EDUCATING THEIR CHILDREN UTILIZING THE CLASSICAL MODEL IN LIGHT OF A CHRISTIAN WORLDVIEW GROUNDED IN THE SCRIPTURES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KATIE MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02528640064
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE CLASSICAL SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0810789133
ReturnHeader/Filer/PhoneNum09105260718
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 12034
ReturnHeader/Filer/USAddress/CityNm0JACKSONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028546
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D5642DF4423300A4A94EB47D443012BF6EC3F5D5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06E281AA5297327A144FF8F8621DBF88A7370D791
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760811573
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAM M ROGERS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0825 GUM BRANCH ROAD SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSONVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028540
ReturnHeader/PreparerPersonGrp/PhoneNum09103462259
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUDY W FRINK CPA
ReturnHeader/ReturnTs02017-10-11T17:30:10-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$8,018
Liabilities
$13,260
Net assets
-$5,242
Revenue
$84,825
Expenses
$91,740
Net income
-$6,915
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.03$2.54$6.10$6.23$0.13
2024Detailed filing. Detailed filing data is available for this year.$2.86$0.20$2.67$5.18$4.87$0.31
2023Detailed filing. Detailed filing data is available for this year.$2.46$0.10$2.35$5.01$4.36$0.65
2022Detailed filing. Detailed filing data is available for this year.$1.88$0.17$1.71$3.93$3.41$0.51
2021Detailed filing. Detailed filing data is available for this year.$1.43$0.24$1.19$3.23$2.62$0.60
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.26$0.59$2.45$2.49$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.19$0.62$2.12$1.60$0.51
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.07$0.11$1.27$1.11$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.13$0.05$0.85$0.92$0.07