Civic Intelligence

Grace Mission University

990 • Fiscal year 2015 • EIN 95-4559065

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 22, 2015

Organization ProfileWWW.GMUEDU.ORG
1645 W Valencia DrFullerton, CA 92833

(714) 525-0088

Siviq Scores

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

Liabilities / Assets

47th percentile

0.09x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

35th percentile

0.05x

Higher debt load relative to revenue than 35% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

61st percentile

6.7%

Higher net margin than 61% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

41st percentile

$39,300

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

70th percentile

14%

Faster revenue growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$676,393

Up $96,337 (+17%) from 2014

Net Assets

Up

$617,524

Up $51,335 (+9.1%) from 2014

Liabilities

Up

$58,869

Up $45,002 (+325%) from 2014

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin61st percentile

Revenue

Up

$1,190,107

Up $147,237 (+14%) from 2014

Expenses

Up

$1,110,277

Up $238,422 (+27%) from 2014

Net Income

Down

$79,830

Down $91,185 (-53%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $354,588Liabilities 2011: $16,308Net Assets 2011: $338,2802011Assets 2012: $379,100Liabilities 2012: $14,761Net Assets 2012: $364,3392012Assets 2013: $488,476Liabilities 2013: $54,266Net Assets 2013: $434,2102013Assets 2014: $580,056Liabilities 2014: $13,867Net Assets 2014: $566,1892014Assets 2015: $676,393Liabilities 2015: $58,869Net Assets 2015: $617,5242015Assets 2016: $562,315Liabilities 2016: $54,383Net Assets 2016: $507,9322016Assets 2017: $389,635Liabilities 2017: $23,910Net Assets 2017: $365,7252017Assets 2018: $391,751Liabilities 2018: $85,272Net Assets 2018: $306,4792018Assets 2019: $471,541Liabilities 2019: $39,232Net Assets 2019: $432,3092019Assets 2020: $664,980Liabilities 2020: $210,844Net Assets 2020: $454,1362020Assets 2021: $1,165,518Liabilities 2021: $436,354Net Assets 2021: $729,1642021Assets 2022: $1,702,185Liabilities 2022: $656,212Net Assets 2022: $1,045,9732022Assets 2023: $1,703,957Liabilities 2023: $422,639Net Assets 2023: $1,281,3182023Assets 2024: $2,695,404Liabilities 2024: $1,186,770Net Assets 2024: $1,508,6342024Assets 2025: $2,663,803Liabilities 2025: $961,151Net Assets 2025: $1,702,6522025

Highlighted filing

2015

Assets$676,393
Liabilities$58,869
Net Assets$617,524
Open 2015 Filing

Operations Trend

Revenue Growth70th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $554,0622011Revenue 2012: $726,974Expenses 2012: $700,380Net Income 2012: $26,5942012Expenses 2013: $822,2592013Revenue 2014: $1,042,870Expenses 2014: $871,855Net Income 2014: $171,0152014Revenue 2015: $1,190,107Expenses 2015: $1,110,277Net Income 2015: $79,8302015Revenue 2016: $1,209,015Expenses 2016: $1,298,843Net Income 2016: -$89,8282016Revenue 2017: $1,190,911Expenses 2017: $1,311,872Net Income 2017: -$120,9612017Revenue 2018: $1,234,901Expenses 2018: $1,277,610Net Income 2018: -$42,7092018Revenue 2019: $1,411,365Expenses 2019: $1,271,945Net Income 2019: $139,4202019Revenue 2020: $1,354,424Expenses 2020: $1,321,699Net Income 2020: $32,7252020Revenue 2021: $1,837,254Expenses 2021: $1,545,377Net Income 2021: $291,8772021Revenue 2022: $1,748,667Expenses 2022: $1,471,654Net Income 2022: $277,0132022Revenue 2023: $1,754,598Expenses 2023: $1,491,712Net Income 2023: $262,8862023Revenue 2024: $1,809,646Expenses 2024: $1,570,657Net Income 2024: $238,9892024Revenue 2025: $1,589,339Expenses 2025: $1,395,321Net Income 2025: $194,0182025

Highlighted filing

2015

Revenue$1,190,107
Expenses$1,110,277
Net Income$79,830
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 22, 2015
Return Version
2014v5.0
Gross Receipts
$1,190,107
Mission and Program Overview

Mission

To provide religious education

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$441,141$557,706▲ $116,565
Accounts Receivable$66,585$82,497▲ $15,912
Land, Buildings, and Equipment, Net$60,185$32,190▼ $27,995
Pledges and Grants Receivable$5,427--
Other Notes and Loans Receivable, Net$4,718--
Prepaid Expenses and Deferred Charges-$2,000-
Total Assets$580,056$676,393▲ $96,337
Other Assets Total$2,000$2,000→ $0
Liabilities
Deferred Revenue$8,619$34,769▲ $26,150
Other Liabilities$4,208$18,000▲ $13,792
Accounts Payable and Accrued Expenses$1,040$6,100▲ $5,060
Total Liabilities$13,867$58,869▲ $45,002
Net Assets / Fund Balance
Unrestricted Net Assets$566,189$617,524▲ $51,335
Total Net Assets Fund Balance$566,189$617,524▲ $51,335
Total Liabilities and Net Assets / Fund Balance$580,056$676,393▲ $96,337

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$31,976$220,140$252,116
Equipment$214$286$500
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Hyun Wan KimDean of AcadFT$39,300$39,300
Kyunam ChoiVice PresideFT$34,294$34,294
Chong Won ChoiC.f.o-$27,080$27,080

Board Members and Trustees

NameTitle
Paul Gihong HanChairman of
David Kwang Shin KimPresident
Bon Chul KooTrustee
Dal Eun LeeTrustee
Hongjoo ChoiTrustee
Jae Moon KimTrustee
John Jongok KimTrustee
Richard Seunghoon ShinTrustee
Suh LeeGeneral Secr
Dong Joo AhnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$222,790
Program Service Revenue
$963,818
Investment Income
$1,675
Other Revenue
$1,824
All Other Contributions
$102,790
Change in Net Assets
$79,830

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$120,000
Total Noncash Contributions1$120,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,190,107
Total Revenue per Audited Statements
$1,190,107
Total Revenue per Form 990
$1,190,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$871,109
Salaries, Compensation, and Employee Benefits$239,168
Total Fundraising Expense$1,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$73,451$140,990-$214,441
All Other Expenses$97,757$77,681$1,800$177,238
Occupancy$101,000$32,000-$133,000
Other Expenses$53,160--$53,160
Information Technology-$24,902-$24,902
Payroll Taxes$13,955$10,772-$24,727
Advertising$22,576--$22,576
Office Expenses-$10,066-$10,066
Fees for Services Accounting-$9,150-$9,150
Conferences and Meetings$7,691--$7,691
Insurance-$1,893-$1,893
Total Functional Expenses$801,023$307,454$1,800$1,110,277

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,138,772
Expenses per Audited Statements$1,110,277
Total Expenses per Form 990$1,110,277
Expenses Not Reported on Form 990$28,495
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
Payroll Tax Payable$18,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

“Financial statements and tax returns reviewed by cfo and presented to board”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Grace Mission University
EIN
95-4559065
Phone
7145250088
Address
1645 W VALENCIA DR, FULLERTON, CA 92833

Signing Officer

Name
Rev Kyunam Choi
Title
Vice President
Phone
7145250088
Signed
2015-10-22

Organization Details

Principal Officer
Kyunam Choi
Voting Board Members
11
Independent Board Members
11
Employees
10

Preparer

Firm
Cho & Kahng an Accountancy Corporation
Address
3250 WILSHIRE BLVD STE 1502, LOS ANGELES, CA 90010-1607
Preparer
Stephen Y Cho CPA
Phone
2133830972
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“DEPRECIATION”

Form 990, Part IX, Line 24E

“Administrative fees 0 36,585 0 faculty and teaching 33,053 0 0 student services 28,934 0 0 bad debt 26,119 0 0 employee benefit 0 11,911 0 telephone 0 11,738 0 graduation expenses 6,334 0 0 credit card discount 0 5,889 0 auto expenses 0 4,836 0 equipment rental 0 4,628 0 fund raising 0 0 1,800 recruiting 1,760 0 0 condolences 1,557 0 0 license and permit 0 964 0 bank charge 0 956 0 repair and maintenance 0 174 0”

Form 990, Part XI, Line 9

“Book / tax depreciation difference -28,495”

Form 990, Part XI, Line 9

“Prior period adjustment 0”

Financial Statement Notes

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

“Book / tax depreciation difference 28,495”

Raw XML AppendixShowing 400 of 419 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01040
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06100
IRS990/AccountsReceivableGrp/BOYAmt066585
IRS990/AccountsReceivableGrp/EOYAmt082497
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE RELIGIOUS EDUCATION
IRS990/AdvertisingGrp/ProgramServicesAmt022576
IRS990/AdvertisingGrp/TotalAmt022576
IRS990/AllOtherContributionsAmt0102790
IRS990/AllOtherExpensesGrp/FundraisingAmt01800
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt077681
IRS990/AllOtherExpensesGrp/ProgramServicesAmt097757
IRS990/AllOtherExpensesGrp/TotalAmt0177238
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0STEPHEN Y CHO CPA
IRS990/BooksInCareOfDetail/PhoneNum02133830972
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03250 WILSHIRE BLVD SUITE 1502
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090010
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0441141
IRS990/CashNonInterestBearingGrp/EOYAmt0557706
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt07691
IRS990/ConferencesMeetingsGrp/TotalAmt07691
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0222790
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01675
IRS990/CYOtherExpensesAmt0871109
IRS990/CYOtherRevenueAmt01824
IRS990/CYProgramServiceRevenueAmt0963818
IRS990/CYRevenuesLessExpensesAmt079830
IRS990/CYSalariesCompEmpBnftPaidAmt0239168
IRS990/CYTotalExpensesAmt01110277
IRS990/CYTotalFundraisingExpenseAmt01800
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01190107
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt08619
IRS990/DeferredRevenueGrp/EOYAmt034769
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO PROVIDE RELIGIOUS EDUCATION
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0801023
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09150
IRS990/FeesForServicesAccountingGrp/TotalAmt09150
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0HYUN WAN KIM
IRS990/Form990PartVIISectionAGrp/PersonNm1KYUNAM CHOI
IRS990/Form990PartVIISectionAGrp/PersonNm2DAL EUN LEE
IRS990/Form990PartVIISectionAGrp/PersonNm3DONG JOO AHN
IRS990/Form990PartVIISectionAGrp/PersonNm4JAE MOON KIM
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN JONGOK KIM
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID KWANG SHIN KIM
IRS990/Form990PartVIISectionAGrp/PersonNm7PAUL GIHONG HAN
IRS990/Form990PartVIISectionAGrp/PersonNm8RICHARD SEUNGHOON SHIN
IRS990/Form990PartVIISectionAGrp/PersonNm9SUH LEE
IRS990/Form990PartVIISectionAGrp/PersonNm10HONGJOO CHOI
IRS990/Form990PartVIISectionAGrp/PersonNm11BON CHUL KOO
IRS990/Form990PartVIISectionAGrp/PersonNm12CHONG WON CHOI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt039300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt134294
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/ReportableCompFromOrgAmt1227080
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/TitleTxt0DEAN OF ACAD
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN OF
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9GENERAL SECR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12C.F.O
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01190107
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt024902
IRS990/InformationTechnologyGrp/TotalAmt024902
IRS990/InsuranceGrp/ManagementAndGeneralAmt01893
IRS990/InsuranceGrp/TotalAmt01893
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01675
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01675
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt037
IRS990/IRPDocumentW2GCnt037
IRS990/LandBldgEquipAccumDeprecAmt0220426
IRS990/LandBldgEquipBasisNetGrp/BOYAmt060185
IRS990/LandBldgEquipBasisNetGrp/EOYAmt032190
IRS990/LandBldgEquipCostOrOtherBssAmt0252616
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE RELIGIOUS EDUCATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0566189
IRS990/NetAssetsOrFundBalancesEOYAmt0617524
IRS990/NoncashContributionsAmt0120000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt032000
IRS990/OccupancyGrp/ProgramServicesAmt0101000
IRS990/OccupancyGrp/TotalAmt0133000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010066
IRS990/OfficeExpensesGrp/TotalAmt010066
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02000
IRS990/OtherAssetsTotalGrp/EOYAmt02000
IRS990/OtherChangesInNetAssetsAmt0-28495
IRS990/OtherExpensesGrp/Desc0TEACHING FEE - INSTRUCTOR
IRS990/OtherExpensesGrp/Desc1STUDENT NON WORK-STUDY
IRS990/OtherExpensesGrp/Desc2LIBRARY EXPENSES
IRS990/OtherExpensesGrp/Desc3ACCEDITATION FEE
IRS990/OtherExpensesGrp/ProgramServicesAmt0221490
IRS990/OtherExpensesGrp/ProgramServicesAmt1136803
IRS990/OtherExpensesGrp/ProgramServicesAmt273140
IRS990/OtherExpensesGrp/ProgramServicesAmt353160
IRS990/OtherExpensesGrp/TotalAmt0221490
IRS990/OtherExpensesGrp/TotalAmt1136803
IRS990/OtherExpensesGrp/TotalAmt273140
IRS990/OtherExpensesGrp/TotalAmt353160
IRS990/OtherLiabilitiesGrp/BOYAmt04208
IRS990/OtherLiabilitiesGrp/EOYAmt018000
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01824
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01824
IRS990/OtherRevenueTotalAmt01824
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0140990
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt073451
IRS990/OtherSalariesAndWagesGrp/TotalAmt0214441
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04718
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010772
IRS990/PayrollTaxesGrp/ProgramServicesAmt013955
IRS990/PayrollTaxesGrp/TotalAmt024727
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05427
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02000
IRS990/PrincipalOfficerNm0KYUNAM CHOI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL LECTURE & FEES
IRS990/ProgramServiceRevenueGrp/Desc2SCHLOARSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01027314
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1138415
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-201911
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01027314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1138415
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-201911
IRS990/ProgSrvcAccomActyOtherGrp/Desc0DEPRECIATION
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0167501
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01196
IRS990/PYOtherExpensesAmt0633413
IRS990/PYOtherRevenueAmt046366
IRS990/PYProgramServiceRevenueAmt0827807
IRS990/PYRevenuesLessExpensesAmt0171015
IRS990/PYSalariesCompEmpBnftPaidAmt0238442
IRS990/PYTotalExpensesAmt0871855
IRS990/PYTotalRevenueAmt01042870
IRS990/ReconcilationRevenueExpnssAmt079830
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0120000
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/BookValueAmt0214
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0286
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0500
IRS990ScheduleD/ExpensesNotReportedAmt028495
IRS990ScheduleD/ExpensesSubtotalAmt01110277
IRS990ScheduleD/OtherExpensesIncludedAmt028495
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt031976
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0220140
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0252116
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt01190107
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 28,495
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032190
IRS990ScheduleD/TotalExpensesPerForm990Amt01110277
IRS990ScheduleD/TotalLiabilityAmt018000
IRS990ScheduleD/TotalRevenuePerForm990Amt01190107
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01190107
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01138772
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/ExplanationTxt0GRACE MISSION UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, ANCESTRY, MARITAL STATUS, AGE, RELIGION, DISABILITY, SEX, OR SEXUAL ORIENTATION IN ANY OF ITS POLICIES, PROCEDURES, OR PRACTICES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0120000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DEPRECIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FINANCIAL STATEMENTS AND TAX RETURNS REVIEWED BY CFO AND PRESENTED TO BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADMINISTRATIVE FEES 0 36,585 0 FACULTY AND TEACHING 33,053 0 0 STUDENT SERVICES 28,934 0 0 BAD DEBT 26,119 0 0 EMPLOYEE BENEFIT 0 11,911 0 TELEPHONE 0 11,738 0 GRADUATION EXPENSES 6,334 0 0 CREDIT CARD DISCOUNT 0 5,889 0 AUTO EXPENSES 0 4,836 0 EQUIPMENT RENTAL 0 4,628 0 FUND RAISING 0 0 1,800 RECRUITING 1,760 0 0 CONDOLENCES 1,557 0 0 LICENSE AND PERMIT 0 964 0 BANK CHARGE 0 956 0 REPAIR AND MAINTENANCE 0 174 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE -28,495
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR PERIOD ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0580056
IRS990/TotalAssetsEOYAmt0676393
IRS990/TotalAssetsGrp/BOYAmt0580056
IRS990/TotalAssetsGrp/EOYAmt0676393
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0222790
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01800
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0307454
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0801023
IRS990/TotalFunctionalExpensesGrp/TotalAmt01110277
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013867
IRS990/TotalLiabilitiesEOYAmt058869
IRS990/TotalLiabilitiesGrp/BOYAmt013867
IRS990/TotalLiabilitiesGrp/EOYAmt058869
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0566189
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0617524
IRS990/TotalProgramServiceExpensesAmt0801023
IRS990/TotalProgramServiceRevenueAmt0963818
IRS990/TotalReportableCompFromOrgAmt0100674
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0967317
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01190107
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0580056
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0676393
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0566189
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0617524
IRS990/USAddress/AddressLine1Txt01645 W VALENCIA DR
IRS990/USAddress/CityNm0FULLERTON
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092833
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.GMUEDU.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0REV KYUNAM CHOI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07145250088
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRACE MISSION UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0954559065

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$676,393
Liabilities
$58,869
Net assets
$617,524
Revenue
$1,190,107
Expenses
$1,110,277
Net income
$79,830
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.66$0.96$1.70$1.59$1.40$0.19
2024Detailed filing. Detailed filing data is available for this year.$2.70$1.19$1.51$1.81$1.57$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.70$0.42$1.28$1.75$1.49$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.66$1.05$1.75$1.47$0.28
2021Detailed filing. Detailed filing data is available for this year.$1.17$0.44$0.73$1.84$1.55$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.66$0.21$0.45$1.35$1.32$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.04$0.43$1.41$1.27$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.09$0.31$1.23$1.28$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.02$0.37$1.19$1.31$0.12
2016Summary only. Only limited summary data is available for this year.$0.56$0.05$0.51$1.21$1.30$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.06$0.62$1.19$1.11$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.01$0.57$1.04$0.87$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.05$0.43$0.82
2012Summary only. Only limited summary data is available for this year.$0.38$0.01$0.36$0.73$0.70$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.02$0.34$0.55