Grace Classical Christian Academy
EIN: 452949553 · Granbury, TX · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $936K |
| Net Assets | $934K |
Is Grace Classical Christian Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grace Classical Christian Academy
Grace Classical Christian Academy (EIN: 452949553) is a nonprofit organization based in Granbury, TX, classified under NTEE code B20. The organization reported total revenue of $4.5M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Classical Christian Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace Classical Christian Academy is a mid-size nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 32.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $936K |
| Surplus / Deficit | +$526K |
| Total Assets | $952K |
| Total Liabilities | $19K |
| Net Assets | $934K |
| Operating Margin | 36.0% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2023, Grace Classical Christian Academy reported a surplus of $526K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Grace Classical Christian Academy's revenue has grown at a compound annual growth rate (CAGR) of 32.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.3% | +6.6% | +126.9% |
| 2022 | +35.1% | +80.6% | -47.4% |
| 2021 | +2.1% | -15.7% | +16.7% |
| 2020 | +38.0% | +41.6% | +19.3% |
| 2019 | -0.6% | -3.2% | +397.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grace Classical Christian Academy 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 Classical Christian Academy 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 surplus of $526K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Grace Classical Christian Academy
Is Grace Classical Christian Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace Classical Christian Academy (EIN: 452949553) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grace Classical Christian Academy spend its money?
Detailed spending breakdown data is not yet available for Grace Classical Christian Academy. Check back for updated IRS 990 analysis.
Are donations to Grace Classical Christian Academy tax-deductible?
Grace Classical Christian Academy is registered as a tax-exempt nonprofit (EIN: 452949553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grace Classical Christian Academy located?
Grace Classical Christian Academy is headquartered in Granbury, Texas and files with the IRS under EIN 452949553. It is classified under NTEE code B20.
How many years of IRS 990 filings does Grace Classical Christian Academy have?
Grace Classical Christian Academy has 12 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 $4.5M in total revenue.
Filing History
IRS 990 filing history for Grace Classical Christian Academy showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Grace Classical Christian Academy's revenue has grown by 2765.6%, moving from $51K to $1.5M. Total assets increased by 2149.3% over the same period, from $42K to $952K. Total functional expenses rose by 10704.9%, from $9K to $936K. In its most recent filing year (2023), Grace Classical Christian Academy reported a surplus of $526K, with revenue exceeding expenses. The organization holds $19K in liabilities against $952K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $934K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $936K | $952K | $19K | — | — |
| 2022 | $912K | $878K | $420K | $12K | — | View 990 |
| 2021 | $675K | $486K | $798K | $423K | — | — |
| 2020 | $661K | $577K | $684K | $498K | — | View 990 |
| 2019 | $479K | $407K | $573K | $472K | — | View 990 |
| 2018 | $482K | $421K | $115K | $86K | — | View 990 |
| 2017 | $312K | $342K | $57K | $89K | — | View 990 |
| 2016 | $307K | $317K | $37K | $39K | — | View 990 |
| 2015 | $98K | $154K | $28K | $20K | — | View 990 |
| 2014 | $249K | $216K | $65K | $0 | — | View 990 |
| 2012 | $101K | $119K | $24K | $0 | — | View 990 |
| 2011 | $51K | $9K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $936K, and assets of $952K (revenue +60.3% year-over-year).
- 2022: Revenue of $912K, expenses of $878K, and assets of $420K (revenue +35.1% year-over-year).
- 2021: Revenue of $675K, expenses of $486K, and assets of $798K (revenue +2.1% year-over-year).
- 2020: Revenue of $661K, expenses of $577K, and assets of $684K (revenue +38.0% year-over-year).
- 2019: Revenue of $479K, expenses of $407K, and assets of $573K (revenue -0.6% year-over-year).
- 2018: Revenue of $482K, expenses of $421K, and assets of $115K (revenue +54.2% year-over-year).
- 2017: Revenue of $312K, expenses of $342K, and assets of $57K (revenue +1.7% year-over-year).
- 2016: Revenue of $307K, expenses of $317K, and assets of $37K (revenue +213.7% year-over-year).
- 2015: Revenue of $98K, expenses of $154K, and assets of $28K (revenue -60.6% year-over-year).
- 2014: Revenue of $249K, expenses of $216K, and assets of $65K (revenue +146.4% year-over-year).
- 2012: Revenue of $101K, expenses of $119K, and assets of $24K (revenue +97.9% year-over-year).
- 2011: Revenue of $51K, expenses of $9K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace Classical Christian Academy:
Data Sources and Methodology
This transparency report for Grace Classical Christian Academy 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.