Grace Christian Educational Association
EIN: 382045875 · Watervliet, MI · NTEE: B24Z
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.3M |
| Net Assets | $-67,954 |
Is Grace Christian Educational Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grace Christian Educational Association
Grace Christian Educational Association (EIN: 382045875) is a nonprofit organization based in Watervliet, MI, classified under NTEE code B24Z. The organization reported total revenue of $1.8M and total assets of $210K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Christian Educational Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace Christian Educational Association is a mid-size nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-67,075 |
| Total Assets | $269K |
| Total Liabilities | $337K |
| Net Assets | $-67,954 |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 125.3% |
| Months of Reserves | 2.4 months |
Financial Health Grade: D
In 2023, Grace Christian Educational Association reported a deficit of $67K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 125.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grace Christian Educational Association's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.4% | +27.2% | +21.3% |
| 2022 | +3.6% | +10.3% | -7.9% |
| 2021 | -6.8% | -9.1% | -1.2% |
| 2020 | +42.4% | +17.5% | -5.5% |
| 2019 | -15.7% | +3.3% | -21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grace Christian Educational Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grace Christian Educational Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 125.3%.
Frequently Asked Questions about Grace Christian Educational Association
Is Grace Christian Educational Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace Christian Educational Association (EIN: 382045875) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grace Christian Educational Association spend its money?
Detailed spending breakdown data is not yet available for Grace Christian Educational Association. Check back for updated IRS 990 analysis.
Are donations to Grace Christian Educational Association tax-deductible?
Grace Christian Educational Association is registered as a tax-exempt nonprofit (EIN: 382045875). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grace Christian Educational Association located?
Grace Christian Educational Association is headquartered in Watervliet, Michigan and files with the IRS under EIN 382045875. It is classified under NTEE code B24Z.
How many years of IRS 990 filings does Grace Christian Educational Association have?
Grace Christian Educational Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Filing History
IRS 990 filing history for Grace Christian Educational Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grace Christian Educational Association's revenue has grown by 5.2%, moving from $1.2M to $1.3M. Total assets decreased by 52.3% over the same period, from $564K to $269K. Total functional expenses rose by 8.7%, from $1.2M to $1.3M. In its most recent filing year (2023), Grace Christian Educational Association reported a deficit of $67K, with expenses exceeding revenue. The organization holds $337K in liabilities against $269K in assets (debt-to-asset ratio: 125.3%), resulting in net assets of $-67,954.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $269K | $337K | — | View 990 |
| 2022 | $992K | $1.0M | $222K | $223K | — | View 990 |
| 2021 | $957K | $949K | $241K | $187K | — | View 990 |
| 2020 | $1.0M | $1.0M | $244K | $198K | — | View 990 |
| 2019 | $721K | $890K | $258K | $194K | — | View 990 |
| 2018 | $855K | $861K | $328K | $96K | — | View 990 |
| 2017 | $1.0M | $1.0M | $330K | $92K | — | View 990 |
| 2016 | $1.1M | $1.1M | $545K | $262K | — | View 990 |
| 2015 | $1.2M | $1.2M | $561K | $302K | — | View 990 |
| 2014 | $1.3M | $1.4M | $484K | $230K | — | View 990 |
| 2013 | $1.3M | $1.4M | $532K | $210K | — | View 990 |
| 2012 | $1.4M | $1.3M | $559K | $189K | — | View 990 |
| 2011 | $1.2M | $1.2M | $564K | $263K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $269K (revenue +27.4% year-over-year).
- 2022: Revenue of $992K, expenses of $1.0M, and assets of $222K (revenue +3.6% year-over-year).
- 2021: Revenue of $957K, expenses of $949K, and assets of $241K (revenue -6.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.0M, and assets of $244K (revenue +42.4% year-over-year).
- 2019: Revenue of $721K, expenses of $890K, and assets of $258K (revenue -15.7% year-over-year).
- 2018: Revenue of $855K, expenses of $861K, and assets of $328K (revenue -14.8% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $330K (revenue -7.0% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $545K (revenue -10.4% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $561K (revenue -6.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $484K (revenue -1.9% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $532K (revenue -4.6% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $559K (revenue +14.8% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $564K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace Christian Educational Association:
Data Sources and Methodology
This transparency report for Grace Christian Educational Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.