Saving Grace Academy
EIN: 823171948 · Reno, NV · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $221K |
| Total Expenses | $167K |
| Net Assets | $55K |
Is Saving Grace Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Saving Grace Academy
Saving Grace Academy (EIN: 823171948) is a nonprofit organization based in Reno, NV, classified under NTEE code P33. The organization reported total revenue of $221K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saving Grace Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saving Grace Academy is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 179.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $221K |
| Total Expenses | $167K |
| Surplus / Deficit | +$54K |
| Total Assets | $57K |
| Total Liabilities | $1K |
| Net Assets | $55K |
| Operating Margin | 24.5% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2022, Saving Grace Academy reported a surplus of $54K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 2 years of filings (2021–2022), Saving Grace Academy's revenue has grown at a compound annual growth rate (CAGR) of 179.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +179.1% | +135.8% | +562.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Saving Grace 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 Saving Grace 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Saving Grace Academy
Is Saving Grace Academy a legitimate charity?
Saving Grace Academy (EIN: 823171948) is a registered tax-exempt nonprofit based in Nevada. It has 2 years of IRS 990 filings on record. Total revenue: $221K. No red flags identified. Financial health grade: A.
How does Saving Grace Academy spend its money?
Saving Grace Academy reported $221K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Saving Grace Academy tax-deductible?
Saving Grace Academy is registered as a tax-exempt nonprofit (EIN: 823171948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Saving Grace Academy located?
Saving Grace Academy is headquartered in Reno, Nevada and files with the IRS under EIN 823171948. It is classified under NTEE code P33.
How many years of IRS 990 filings does Saving Grace Academy have?
Saving Grace Academy has 2 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 $221K in total revenue.
Filing History
IRS 990 filing history for Saving Grace Academy showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Saving Grace Academy's revenue has grown by 179.1%, moving from $79K to $221K. Total assets increased by 562.8% over the same period, from $9K to $57K. Total functional expenses rose by 135.8%, from $71K to $167K. In its most recent filing year (2022), Saving Grace Academy reported a surplus of $54K, with revenue exceeding expenses. The organization holds $1K in liabilities against $57K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $55K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $221K | $167K | $57K | $1K | — | View 990 |
| 2021 | $79K | $71K | $9K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saving Grace Academy:
Data Sources and Methodology
This transparency report for Saving Grace 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.