Civic Intelligence

Grace Classical School Inc.

990EZ • Fiscal year 2018 • EIN 81-0789133

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 28, 2018

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

90th percentile

0.37x

Higher debt load relative to assets than 90% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.05x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Net Margin

64th percentile

13%

Higher net margin than 64% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Top Officer Pay

87th percentile

$8,198

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Asset Growth

93rd percentile

118%

Faster asset growth than 93% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

84th percentile

50%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$17,460

Up $9,442 (+118%) from 2017

Net Assets

Up

$10,937

Up $16,179 (+309%) from 2017

Liabilities

Down

$6,523

Down $6,737 (-51%) from 2017

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin64th percentile

Revenue

Up

$126,942

Up $42,117 (+50%) from 2017

Expenses

Up

$110,763

Up $19,023 (+21%) from 2017

Net Income

Up

$16,179

Up $23,094 (+334%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

2018

Assets$17,460
Liabilities$6,523
Net Assets$10,937
Open 2018 Filing

Operations Trend

Revenue Growth84th percentile

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

2018

Revenue$126,942
Expenses$110,763
Net Income$16,179
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 28, 2018
Return Version
2017v2.3
Gross Receipts
$129,055
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 44 STUDENTS ENROLLED DURING ITS SECOND YEAR OF OPERATION-$105,517
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAIGE TAYLORSecretary-$8,198-$8,198
SARA BEACHYFaculty DirePT$6,250-$6,250
LIESL CHRISTENSENVice Preside-$3,017-$3,017
KATIE MARTINPresidentPT$0--
ANDREW ELLISTreasurerPT$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
8475331557
Signed
2018-08-28

Preparer

Firm
Rogers & Company Cpas 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 advertising 479 office expense 2,146 travel 70 professional development 3,247 insurance 1,134 teaching materials/suppli 4,712 other expenses 228 total 12,016”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 1,780 993 deferred revenue 11,480 5,530”

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 Appendix145 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
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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/BOYAmt08018
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IRS990EZ/ContributionsGiftsGrantsEtcAmt02900
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IRS990EZ/ExcessOrDeficitForYearAmt016179
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05246
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/FundraisingGrossIncomeAmt04470
IRS990EZ/GrossReceiptsAmt0129055
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-5242
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010937
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-5242
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010937
IRS990EZ/OccupancyRentUtltsAndMaintAmt010000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt28198
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt46250
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATIE MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LIESL CHRISTENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAIGE TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANDREW ELLIS
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/OtherExpensesTotalAmt012016
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/ProgramServiceRevenueAmt0121685
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRACE CLASSICAL SCHOOL HAD 44 STUDENTS ENROLLED DURING ITS SECOND YEAR OF OPERATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0105517
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt083501
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt02113
IRS990EZ/SpecialEventsNetIncomeLossAmt02357
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt013260
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt06523
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0110763
IRS990EZ/TotalProgramServiceExpensesAmt0105517
IRS990EZ/TotalRevenueAmt0126942
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 ADVERTISING 479 OFFICE EXPENSE 2,146 TRAVEL 70 PROFESSIONAL DEVELOPMENT 3,247 INSURANCE 1,134 TEACHING MATERIALS/SUPPLI 4,712 OTHER EXPENSES 228 TOTAL 12,016
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,780 993 DEFERRED REVENUE 11,480 5,530
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KATIE MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08475331557
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-28
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
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-09-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:21:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760811573
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROGERS & COMPANY CPAS 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/PreparationDt02018-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUDY W FRINK CPA
ReturnHeader/ReturnTs02018-09-06T15:21:12-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,460
Liabilities
$6,523
Net assets
$10,937
Revenue
$126,942
Expenses
$110,763
Net income
$16,179
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