Grace Community School

Grace Community School maintains stable finances with no reported executive compensation over a decade.

EIN: 205280265 · Delaware, OH · NTEE: B20 · Updated: 2026-03-28

$828KRevenue

$505KAssets

90/100Mission Score (Excellent)

B20

About Grace Community School

Grace Community School (EIN: 205280265) is a nonprofit organization based in Delaware, OH, classified under NTEE code B20. The organization reported total revenue of $828K and total assets of $505K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Community School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Grace Community School demonstrates consistent financial operations, with revenues generally covering expenses over the past decade. The organization has shown growth in revenue, increasing from $424,681 in 2014 to $617,747 in 2023, indicating a stable demand for its services. While there have been periods where expenses slightly exceeded revenue, such as in 2023 ($631,556 expenses vs. $617,747 revenue), these deficits appear manageable given the overall asset base. The organization's assets have grown from $109,885 in 2014 to $457,930 in 2023, suggesting a healthy accumulation of resources.

The school's financial health appears stable, with a consistent asset base and manageable liabilities. The absence of reported officer compensation across all filings is a significant positive indicator for spending efficiency and transparency, suggesting that resources are primarily directed towards the organization's mission rather than executive salaries. This practice enhances public trust and demonstrates a commitment to maximizing program impact. The NTEE code B20 (Elementary & Secondary Education) aligns with the organization's name, further indicating a clear program focus.

Overall, Grace Community School appears to be a financially sound and transparent organization. Its consistent operations, growth in assets, and lack of executive compensation contribute to a positive assessment of its financial management and dedication to its educational mission. The organization's ability to maintain operations and grow its asset base over a decade, despite minor fluctuations in annual net income, speaks to its resilience and effective stewardship of resources.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Grace Community School with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Grace Community School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Grace Community School has consistently reported 0% officer compensation across all 13 available IRS 990 filings, indicating that no salaries were paid to officers, directors, trustees, or key employees. This is a strong positive for a school of its size, with revenues ranging from $401,143 to $617,747 in recent years, as it suggests resources are fully directed towards its educational mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Grace Community School:

Consistent 0% officer compensation across all filings, indicating high efficiency.
Positive trend in revenue growth from $424,681 in 2014 to $617,747 in 2023.
Significant growth in assets from $109,885 in 2014 to $457,930 in 2023.
Stable financial operations with expenses generally covered by revenue over a decade.
Clear alignment with NTEE code B20 (Elementary & Secondary Education) and organizational name.

Frequently Asked Questions about Grace Community School

Is Grace Community School a good charity?

Based on the provided financial data, Grace Community School appears to be a good charity. It demonstrates strong financial stability, consistent growth in assets, and a remarkable commitment to directing all funds towards its mission by reporting 0% officer compensation for over a decade.

How has Grace Community School's revenue trended over time?

Grace Community School's revenue has shown a positive growth trend, increasing from $424,681 in 2014 to $617,747 in 2023, indicating sustained support and demand for its services.

What is the organization's approach to executive compensation?

The organization has consistently reported 0% officer compensation in all available IRS 990 filings, indicating a strong commitment to minimizing administrative overhead and maximizing resources for its programs.

Are the organization's assets growing?

Yes, the organization's assets have shown significant growth, increasing from $109,885 in 2014 to $457,930 in 2023, demonstrating a healthy accumulation of resources.

Filing History

IRS 990 filing history for Grace Community School showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Grace Community School's revenue has grown by 184.8%, moving from $217K to $618K. Total assets increased by 705.1% over the same period, from $57K to $458K. Total functional expenses rose by 152.4%, from $250K to $632K. In its most recent filing year (2023), Grace Community School reported a deficit of $14K, with expenses exceeding revenue. The organization holds $397K in liabilities against $458K in assets (debt-to-asset ratio: 86.6%), resulting in net assets of $61K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$618K	$632K	$458K	$397K	—	—
2022	$558K	$565K	$468K	$393K	—	View 990
2021	$570K	$494K	$412K	$330K	—	View 990
2020	$410K	$458K	$410K	$404K	—	View 990
2019	$460K	$440K	$428K	$374K	—	View 990
2018	$459K	$454K	$429K	$395K	—	View 990
2017	$407K	$420K	$445K	$417K	—	View 990
2016	$411K	$423K	$464K	$422K	—	View 990
2015	$401K	$436K	$467K	$413K	—	View 990
2014	$425K	$380K	$110K	$31K	—	View 990
2013	$310K	$295K	$69K	$35K	—	View 990
2012	$269K	$285K	$56K	$37K	—	View 990
2011	$217K	$250K	$57K	$22K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $618K, expenses of $632K, and assets of $458K (revenue +10.7% year-over-year).
2022: Revenue of $558K, expenses of $565K, and assets of $468K (revenue -2.0% year-over-year).
2021: Revenue of $570K, expenses of $494K, and assets of $412K (revenue +38.9% year-over-year).
2020: Revenue of $410K, expenses of $458K, and assets of $410K (revenue -10.9% year-over-year).
2019: Revenue of $460K, expenses of $440K, and assets of $428K (revenue +0.2% year-over-year).
2018: Revenue of $459K, expenses of $454K, and assets of $429K (revenue +12.9% year-over-year).
2017: Revenue of $407K, expenses of $420K, and assets of $445K (revenue -1.1% year-over-year).
2016: Revenue of $411K, expenses of $423K, and assets of $464K (revenue +2.5% year-over-year).
2015: Revenue of $401K, expenses of $436K, and assets of $467K (revenue -5.5% year-over-year).
2014: Revenue of $425K, expenses of $380K, and assets of $110K (revenue +37.2% year-over-year).
2013: Revenue of $310K, expenses of $295K, and assets of $69K (revenue +15.2% year-over-year).
2012: Revenue of $269K, expenses of $285K, and assets of $56K (revenue +24.0% year-over-year).
2011: Revenue of $217K, expenses of $250K, and assets of $57K.

Data Sources and Methodology

This transparency report for Grace Community School 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.