Is Grace Christian School Of Ocala Florida…

Quick charity verification for Grace Christian School Of Ocala Florida Inc (EIN: 200581148)

Strengths

Consistent revenue growth, from $1,893,665 in 2021 to $3,209,597 in 2023.
Increasing assets and decreasing liabilities, indicating improved financial stability (Assets $7,978,652 in 2021 to $8,793,103 in 2023; Liabilities $3,542,228 in 2021 to $2,873,436 in 2023).
No reported officer compensation across all available filings, suggesting high efficiency in leadership costs.
Strong program focus implied by low administrative overhead and no reported officer compensation.

Spending Breakdown

How Grace Christian School Of Ocala Florida Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Grace Christian School Of Ocala Florida Inc

Is Grace Christian School Of Ocala Florida Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Grace Christian School Of Ocala Florida Inc (EIN: 200581148) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Grace Christian School Of Ocala Florida Inc a good charity to donate to?

Grace Christian School Of Ocala Florida Inc has a Mission Score of 92/100. Revenue: $4.7M. Assets: $14.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Grace Christian School Of Ocala Florida Inc?

The Employer Identification Number (EIN) for Grace Christian School Of Ocala Florida Inc is 200581148. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Grace Christian School Of Ocala Florida Inc spend its money?

Grace Christian School Of Ocala Florida Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Grace Christian School Of Ocala Florida Inc's tax-exempt status?

You can verify Grace Christian School Of Ocala Florida Inc's tax-exempt status using EIN 200581148 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Grace Christian School Of Ocala Florida Inc demonstrates a consistent pattern of financial growth and strong program spending. Over the past few years, the organization has seen its revenue increase significantly, from $1,893,665 in 2021 to $3,209,597 in 2023, indicating growing support or enrollment. Its assets have also grown substantially, reaching $8,793,103 in 2023 from $7,978,652 in 2021, while liabilities have decreased, suggesting improved financial stability.

The organization appears to be highly efficient in its spending, with a substantial portion of its expenses directed towards its programs. The consistent reporting of 0% officer compensation across all available filings is a notable strength, indicating that leadership is either unpaid or compensated through other means not classified as officer compensation, which can be a positive sign for donor confidence. This practice contributes to a very low administrative overhead.

Overall, Grace Christian School Of Ocala Florida Inc exhibits good financial health, efficient resource allocation, and a high degree of transparency regarding executive compensation. The consistent growth in revenue and assets, coupled with declining liabilities and no reported officer compensation, paints a picture of a well-managed and fiscally responsible institution.

Is Grace Christian School Of Ocala Florida Inc Legit?

Verdict: Grace Christian School Of Ocala Florida Inc appears trustworthy

Red Flags