Graceway Christian Academy
EIN: 452416673 · Albuquerque, NM · NTEE: B20
| Metric | Value |
|---|---|
| Total Expenses | $26K |
| Net Assets | $13K |
Is Graceway 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 Christian Academy
Graceway Christian Academy (EIN: 452416673) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Graceway Christian Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Graceway Christian Academy is a micro nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of -10.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $26K |
| Surplus / Deficit | $-12,814 |
| Total Assets | $13K |
| Net Assets | $13K |
| Operating Margin | -96.4% |
| Months of Reserves | 5.9 months |
Financial Health Grade: B
In 2021, Graceway Christian Academy reported a deficit of $13K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2012–2021), Graceway Christian Academy's revenue has declined at a compound annual growth rate (CAGR) of -10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -94.0% | -87.3% | -61.0% |
| 2020 | +14.9% | +3.6% | +192.2% |
| 2019 | -15.0% | -2.7% | -36.7% |
| 2018 | -7.9% | -21.4% | +754.8% |
| 2017 | -23.5% | -22.7% | -60.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Graceway 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 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
Frequently Asked Questions about Graceway Christian Academy
Is Graceway Christian Academy a legitimate charity?
Graceway Christian Academy (EIN: 452416673) is a registered tax-exempt nonprofit based in New Mexico. It has 10 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Graceway Christian Academy spend its money?
Graceway Christian Academy reported its financials in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Graceway Christian Academy tax-deductible?
Graceway Christian Academy is registered as a tax-exempt nonprofit (EIN: 452416673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Graceway Christian Academy located?
Graceway Christian Academy is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 452416673. It is classified under NTEE code B20.
How many years of IRS 990 filings does Graceway Christian Academy have?
Graceway Christian Academy has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Graceway Christian Academy showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), Graceway Christian Academy's revenue has declined by 63.4%, moving from $36K to $13K. Total assets decreased by 61.1% over the same period, from $33K to $13K. Total functional expenses rose by 714%, from $3K to $26K. In its most recent filing year (2021), Graceway Christian Academy reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $13K | $26K | $13K | $0 | — | View 990 |
| 2020 | $222K | $206K | $33K | $7K | — | View 990 |
| 2019 | $193K | $199K | $11K | $2K | — | — |
| 2018 | $227K | $204K | $18K | $3K | — | View 990 |
| 2017 | $247K | $260K | $2K | $10K | — | View 990 |
| 2016 | $323K | $337K | $5K | $0 | — | View 990 |
| 2015 | $296K | $289K | $27K | $0 | — | View 990 |
| 2014 | $313K | $337K | $14K | $0 | — | View 990 |
| 2013 | $344K | $340K | $38K | $34K | — | View 990 |
| 2012 | $36K | $3K | $33K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $13K, expenses of $26K, and assets of $13K (revenue -94.0% year-over-year).
- 2020: Revenue of $222K, expenses of $206K, and assets of $33K (revenue +14.9% year-over-year).
- 2019: Revenue of $193K, expenses of $199K, and assets of $11K (revenue -15.0% year-over-year).
- 2018: Revenue of $227K, expenses of $204K, and assets of $18K (revenue -7.9% year-over-year).
- 2017: Revenue of $247K, expenses of $260K, and assets of $2K (revenue -23.5% year-over-year).
- 2016: Revenue of $323K, expenses of $337K, and assets of $5K (revenue +8.9% year-over-year).
- 2015: Revenue of $296K, expenses of $289K, and assets of $27K (revenue -5.4% year-over-year).
- 2014: Revenue of $313K, expenses of $337K, and assets of $14K (revenue -9.0% year-over-year).
- 2013: Revenue of $344K, expenses of $340K, and assets of $38K (revenue +847.6% year-over-year).
- 2012: Revenue of $36K, expenses of $3K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Graceway Christian Academy:
Data Sources and Methodology
This transparency report for Graceway 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.