Civic Intelligence

Grace Mission University

990 • Fiscal year 2018 • EIN 95-4559065

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 08, 2018

Organization ProfileWWW.GM.EDU
1645 W Valencia DrFullerton, CA 90638

(714) 525-0088

Siviq Scores

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

Liabilities / Assets

65th percentile

0.22x

Higher debt load relative to assets than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

44th percentile

0.07x

Higher debt load relative to revenue than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

30th percentile

-3.5%

Higher net margin than 30% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

54th percentile

$71,600

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

48th percentile

0.5%

Faster asset growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

50th percentile

3.7%

Faster revenue growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$391,751

Up $2,116 (+0.5%) from 2017

Net Assets

Down

$306,479

Down $59,246 (-16%) from 2017

Liabilities

Up

$85,272

Up $61,362 (+257%) from 2017

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin30th percentile

Revenue

Up

$1,234,901

Up $43,990 (+3.7%) from 2017

Expenses

Down

$1,277,610

Down $34,262 (-2.6%) from 2017

Net Income

Up

-$42,709

Up $78,252 (+65%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth48th 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

2018

Assets$391,751
Liabilities$85,272
Net Assets$306,479
Open 2018 Filing

Operations Trend

Revenue Growth50th 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

2018

Revenue$1,234,901
Expenses$1,277,610
Net Income-$42,709
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$1,236,919
Mission and Program Overview

Mission

To provide religious education

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$281,249$248,077▼ $33,172
Accounts Receivable$29,862$68,722▲ $38,860
Land, Buildings, and Equipment, Net$69,370$63,847▼ $5,523
Prepaid Expenses and Deferred Charges$7,154$6,884▼ $270
Total Assets$389,635$391,751▲ $2,116
Other Assets Total$2,000$4,221▲ $2,221
Liabilities
Accounts Payable and Accrued Expenses$2,280$48,949▲ $46,669
Deferred Revenue$22,781$31,671▲ $8,890
Other Liabilities$-1,151$4,652▲ $5,803
Total Liabilities$23,910$85,272▲ $61,362
Net Assets / Fund Balance
Unrestricted Net Assets$365,725$305,879▼ $59,846
Temporarily Rstr Net Assets-$600-
Total Net Assets Fund Balance$365,725$306,479▼ $59,246
Total Liabilities and Net Assets / Fund Balance$389,635$391,751▲ $2,116
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Hyun Wan KimDean of AcadPT$71,600$71,600
Ja Hyuk KooDirector ofPT$37,320$37,320
James ChoDean of StudPT$25,797$25,797
Changsuk LeeDirector ofPT$16,263$16,263
Seongyul BaikC.f.o.PT$8,380$8,380
Bon Chul KooTrusteePT$4,480$4,480

Board Members and Trustees

NameTitle
Paul Gihong HanChairman of
Kyunam ChoiPresident
Daehyuck YoonTrustee
David KimTrustee
Dong Joo AhnTrustee
Hongjoo ChoiTrustee
Jae M KimTrustee
James ShinTrustee
John Jongok KimTrustee
Richard Seunghoon ShinTrustee
Suh LeeTrustee
Sungjai LeeTrustee
Susan BaikTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$152,632
Program Service Revenue
$1,068,659
Investment Income
$1,499
Other Revenue
$12,111
All Other Contributions
$84,632
Change in Net Assets
$-42,709

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$67,000
Total Noncash Contributions1$67,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,234,901
Total Revenue per Audited Statements
$1,234,901
Total Revenue per Form 990
$1,234,901
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$940,576
Salaries, Compensation, and Employee Benefits$337,034
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$176,491$126,231-$302,722
All Other Expenses$150,866$93,208-$244,074
Occupancy$123,527$32,000-$155,527
Other Expenses$65,377$71,049-$65,377
Payroll Taxes$26,516$7,796-$34,312
Information Technology-$33,690-$33,690
Conferences and Meetings$20,893--$20,893
Fees for Services Accounting-$18,421-$18,421
Advertising$16,927--$16,927
Office Expenses-$8,402-$8,402
Insurance-$7,324-$7,324
Total Functional Expenses$879,489$398,121$0$1,277,610

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,294,147
Expenses per Audited Statements$1,277,610
Total Expenses per Form 990$1,277,610
Expenses Not Reported on Form 990$16,537
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$4,652
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 90638

Signing Officer

Name
Kyunam Choi
Title
President
Phone
7145250088
Signed
2018-11-08

Organization Details

Principal Officer
Kyunam Choi
Voting Board Members
14
Independent Board Members
14
Employees
43

Preparer

Firm
BENJAMIN KOO & CO CPA'S
Address
3435 WILSHIRE BLVD 1500, LOS ANGELES, CA 90010-1915
Preparer
Benjamin Koo
Phone
2133885555
Supplemental Narrative

Additional Explanations

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

“DEPRECIATION”

Form 990, Part IX, Line 24E

“Student services 48,412 0 0 library expenses 39,272 0 0 employee benefit 0 24,279 0 administrative fees 0 21,850 0 faculty and teaching 21,524 0 0 graduation expenses 15,892 0 0 mission 0 15,050 0 equipment rental 0 13,565 0 credit card discount 0 9,643 0 condolences 9,221 0 0 recruiting 6,850 0 0 federal work study 6,430 0 0 auto expenses 0 4,525 0 bad debt 2,065 0 0 bank charge 0 2,020 0 telephone 0 1,766 0 fseog 1,200 0 0 license and permit 0 510 0 total 150,866 93,208 0”

Form 990, Part XI, Line 9

“Book / tax depreciation difference -16,537”

Financial Statement Notes

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

“Book / tax depreciation difference 16,537”

Raw XML AppendixShowing 400 of 451 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/BOYAmt02280
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt048949
IRS990/AccountsReceivableGrp/BOYAmt029862
IRS990/AccountsReceivableGrp/EOYAmt068722
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE RELIGIOUS EDUCATION
IRS990/AdvertisingGrp/ProgramServicesAmt016927
IRS990/AdvertisingGrp/TotalAmt016927
IRS990/AllOtherContributionsAmt084632
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt093208
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0150866
IRS990/AllOtherExpensesGrp/TotalAmt0244074
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0BENJAMIN KOO
IRS990/BooksInCareOfDetail/PhoneNum02133885555
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03435 WILSHIRE BLVD STE 1500
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090010
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0281249
IRS990/CashNonInterestBearingGrp/EOYAmt0248077
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt020893
IRS990/ConferencesMeetingsGrp/TotalAmt020893
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0152632
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01499
IRS990/CYOtherExpensesAmt0940576
IRS990/CYOtherRevenueAmt012111
IRS990/CYProgramServiceRevenueAmt01068659
IRS990/CYRevenuesLessExpensesAmt0-42709
IRS990/CYSalariesCompEmpBnftPaidAmt0337034
IRS990/CYTotalExpensesAmt01277610
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01234901
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt022781
IRS990/DeferredRevenueGrp/EOYAmt031671
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO PROVIDE RELIGIOUS EDUCATION
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt043
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0879489
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018421
IRS990/FeesForServicesAccountingGrp/TotalAmt018421
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt030.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt230.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt320.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt430.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
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/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
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/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/PersonNm0HYUN WAN KIM
IRS990/Form990PartVIISectionAGrp/PersonNm1JA HYUK KOO
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES CHO
IRS990/Form990PartVIISectionAGrp/PersonNm3CHANGSUK LEE
IRS990/Form990PartVIISectionAGrp/PersonNm4SEONGYUL BAIK
IRS990/Form990PartVIISectionAGrp/PersonNm5BON CHUL KOO
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL GIHONG HAN
IRS990/Form990PartVIISectionAGrp/PersonNm7KYUNAM CHOI
IRS990/Form990PartVIISectionAGrp/PersonNm8DONG JOO AHN
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN JONGOK KIM
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD SEUNGHOON SHIN
IRS990/Form990PartVIISectionAGrp/PersonNm11SUH LEE
IRS990/Form990PartVIISectionAGrp/PersonNm12HONGJOO CHOI
IRS990/Form990PartVIISectionAGrp/PersonNm13JAMES SHIN
IRS990/Form990PartVIISectionAGrp/PersonNm14DAEHYUCK YOON
IRS990/Form990PartVIISectionAGrp/PersonNm15SUNGJAI LEE
IRS990/Form990PartVIISectionAGrp/PersonNm16SUSAN BAIK
IRS990/Form990PartVIISectionAGrp/PersonNm17DAVID KIM
IRS990/Form990PartVIISectionAGrp/PersonNm18JAE M KIM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt071600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt137320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt225797
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt316263
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt48380
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt54480
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
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/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0DEAN OF ACAD
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt2DEAN OF STUD
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt4C.F.O.
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN OF
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-2018
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01236919
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt033690
IRS990/InformationTechnologyGrp/TotalAmt033690
IRS990/InsuranceGrp/ManagementAndGeneralAmt07324
IRS990/InsuranceGrp/TotalAmt07324
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03517
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03517
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0277244
IRS990/LandBldgEquipBasisNetGrp/BOYAmt069370
IRS990/LandBldgEquipBasisNetGrp/EOYAmt063847
IRS990/LandBldgEquipCostOrOtherBssAmt0341091
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02018
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/NetAssetsOrFundBalancesBOYAmt0365725
IRS990/NetAssetsOrFundBalancesEOYAmt0306479
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2018
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2018
IRS990/NoncashContributionsAmt067000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt032000
IRS990/OccupancyGrp/ProgramServicesAmt0123527
IRS990/OccupancyGrp/TotalAmt0155527
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08402
IRS990/OfficeExpensesGrp/TotalAmt08402
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02000
IRS990/OtherAssetsTotalGrp/EOYAmt04221
IRS990/OtherChangesInNetAssetsAmt0-16537
IRS990/OtherExpensesGrp/Desc0TEACHING FEE - INSTRUCTOR
IRS990/OtherExpensesGrp/Desc1STUDENT NON WORK-STUDY
IRS990/OtherExpensesGrp/Desc2DONATIONS
IRS990/OtherExpensesGrp/Desc3ACCEDITATION FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt071049
IRS990/OtherExpensesGrp/ProgramServicesAmt0176117
IRS990/OtherExpensesGrp/ProgramServicesAmt1122775
IRS990/OtherExpensesGrp/ProgramServicesAmt265377
IRS990/OtherExpensesGrp/TotalAmt0176117
IRS990/OtherExpensesGrp/TotalAmt1122775
IRS990/OtherExpensesGrp/TotalAmt271049
IRS990/OtherExpensesGrp/TotalAmt365377
IRS990/OtherLiabilitiesGrp/BOYAmt0-1151
IRS990/OtherLiabilitiesGrp/EOYAmt04652
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012111
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012111
IRS990/OtherRevenueTotalAmt012111
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0126231
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0176491
IRS990/OtherSalariesAndWagesGrp/TotalAmt0302722
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07796
IRS990/PayrollTaxesGrp/ProgramServicesAmt026516
IRS990/PayrollTaxesGrp/TotalAmt034312
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07154
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06884
IRS990/PrincipalOfficerNm0KYUNAM CHOI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL LECTURE & FEES
IRS990/ProgramServiceRevenueGrp/Desc2SCHLOARSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01048771
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1228962
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-209074
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01048771
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1228962
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-209074
IRS990/ProgSrvcAccomActyOtherGrp/Desc0DEPRECIATION
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0183710
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01578
IRS990/PYOtherExpensesAmt0979952
IRS990/PYOtherRevenueAmt02748
IRS990/PYProgramServiceRevenueAmt01002875
IRS990/PYRevenuesLessExpensesAmt0-120961
IRS990/PYSalariesCompEmpBnftPaidAmt0331920
IRS990/PYTotalExpensesAmt01311872
IRS990/PYTotalRevenueAmt01190911
IRS990/ReconcilationRevenueExpnssAmt0-42709
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt068000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt016537
IRS990ScheduleD/ExpensesSubtotalAmt01277610
IRS990ScheduleD/OtherExpensesIncludedAmt016537
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04652
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt01234901
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 16,537
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt01277610
IRS990ScheduleD/TotalLiabilityAmt04652
IRS990ScheduleD/TotalRevenuePerForm990Amt01234901
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01234901
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01294147
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/NoncashContributionsRptF990Amt067000
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/ExplanationTxt3STUDENT SERVICES 48,412 0 0 LIBRARY EXPENSES 39,272 0 0 EMPLOYEE BENEFIT 0 24,279 0 ADMINISTRATIVE FEES 0 21,850 0 FACULTY AND TEACHING 21,524 0 0 GRADUATION EXPENSES 15,892 0 0 MISSION 0 15,050 0 EQUIPMENT RENTAL 0 13,565 0 CREDIT CARD DISCOUNT 0 9,643 0 CONDOLENCES 9,221 0 0 RECRUITING 6,850 0 0 FEDERAL WORK STUDY 6,430 0 0 AUTO EXPENSES 0 4,525 0 BAD DEBT 2,065 0 0 BANK CHARGE 0 2,020 0 TELEPHONE 0 1,766 0 FSEOG 1,200 0 0 LICENSE AND PERMIT 0 510 0 TOTAL 150,866 93,208 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE -16,537
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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0600
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0389635
IRS990/TotalAssetsEOYAmt0391751
IRS990/TotalAssetsGrp/BOYAmt0389635
IRS990/TotalAssetsGrp/EOYAmt0391751
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0152632
IRS990/TotalEmployeeCnt043
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0398121
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0879489
IRS990/TotalFunctionalExpensesGrp/TotalAmt01277610
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023910
IRS990/TotalLiabilitiesEOYAmt085272
IRS990/TotalLiabilitiesGrp/BOYAmt023910
IRS990/TotalLiabilitiesGrp/EOYAmt085272
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0365725
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0306479
IRS990/TotalProgramServiceExpensesAmt0879489
IRS990/TotalProgramServiceRevenueAmt01068659
IRS990/TotalReportableCompFromOrgAmt0163840

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$391,751
Liabilities
$85,272
Net assets
$306,479
Revenue
$1,234,901
Expenses
$1,277,610
Net income
-$42,709
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