Graceway Chinese English Christian Academy
EIN: 834658143 · Arden Hills, MN · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $186K |
| Total Expenses | $55K |
| Net Assets | $172K |
Is Graceway Chinese English 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 Graceway Chinese English Christian Academy
Graceway Chinese English Christian Academy (EIN: 834658143) is a nonprofit organization based in Arden Hills, MN, classified under NTEE code A23. The organization reported total revenue of $186K and total assets of $227K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Graceway Chinese English Christian Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Graceway Chinese English Christian Academy is a small nonprofit that has been operating for 7 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of -29.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $55K |
| Surplus / Deficit | +$9K |
| Total Assets | $176K |
| Total Liabilities | $4K |
| Net Assets | $172K |
| Operating Margin | 13.5% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 38.1 months |
Financial Health Grade: A
In 2024, Graceway Chinese English Christian Academy reported a surplus of $9K with revenue exceeding expenses, holds 38.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 3 years of filings (2022–2024), Graceway Chinese English Christian Academy's revenue has declined at a compound annual growth rate (CAGR) of -29.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -36.5% | -31.5% | +4.4% |
| 2023 | -20.6% | +45.5% | +17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Graceway Chinese English 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 Graceway Chinese English 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.2%.
Frequently Asked Questions about Graceway Chinese English Christian Academy
Is Graceway Chinese English Christian Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Graceway Chinese English Christian Academy (EIN: 834658143) insufficient data. 0 red flags identified, 0 strengths noted.
How does Graceway Chinese English Christian Academy spend its money?
Detailed spending breakdown data is not yet available for Graceway Chinese English Christian Academy. Check back for updated IRS 990 analysis.
Are donations to Graceway Chinese English Christian Academy tax-deductible?
Graceway Chinese English Christian Academy is registered as a tax-exempt nonprofit (EIN: 834658143). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Graceway Chinese English Christian Academy located?
Graceway Chinese English Christian Academy is headquartered in Arden Hills, Minnesota and files with the IRS under EIN 834658143. It is classified under NTEE code A23.
How many years of IRS 990 filings does Graceway Chinese English Christian Academy have?
Graceway Chinese English Christian Academy has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $186K in total revenue.
Filing History
IRS 990 filing history for Graceway Chinese English Christian Academy showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Graceway Chinese English Christian Academy's revenue has declined by 49.6%, moving from $127K to $64K. Total assets increased by 22.5% over the same period, from $144K to $176K. Total functional expenses fell by 0.4%, from $56K to $55K. In its most recent filing year (2024), Graceway Chinese English Christian Academy reported a surplus of $9K, with revenue exceeding expenses. The organization holds $4K in liabilities against $176K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $172K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $64K | $55K | $176K | $4K | — | — |
| 2023 | $101K | $81K | $169K | $6K | — | — |
| 2022 | $127K | $56K | $144K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $64K, expenses of $55K, and assets of $176K (revenue -36.5% year-over-year).
- 2023: Revenue of $101K, expenses of $81K, and assets of $169K (revenue -20.6% year-over-year).
- 2022: Revenue of $127K, expenses of $56K, and assets of $144K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Graceway Chinese English Christian Academy:
Data Sources and Methodology
This transparency report for Graceway Chinese English 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.