Grace Home School Academy
- Assets
- $51.6k
- Revenue
- $236.5k
- Investments
- $0.0
- Employees
- 38
- Location
- Grandville, MI
- Founding
- 03/1998
- Data as of
- 06/2021
- EIN
- 38-3194117
Organization Overview
Grace Home School Academy is located in Grandville, MI. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Grace Home School Academy employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Home School Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Grace Home School Academy generated $236.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $231.9k during the year ending 06/2021. While expenses have increased by 8.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRACE HOME SCHOOL ASSOCIATION IS AN ORGANIZATION DEDICATED TO PROMOTING HOME SCHOOLING AND TO SUPPORTING PARENTS WHO HAVE CHOSEN TO EDUCATE THEIR CHILDREN IN THE HOME. GRACE IS AN INDEPENDENT, NON-PROFIT ASSOCIATION UNDER THE LEADERSHIP OF A SELF-GOVERNING BOARD OF DIRECTORS. GRACE PROVIDES REGULARLY SCHEDULED CLASSES TAUGHT BY QUALIFIED TEACHERS FOR THE BENEFIT OF STUDENTS WHO ARE NOT ABLE TO TAKE SUCH CLASSES AT HOME. GRACE TEACHERS ARE REQUIRED TO BE KNOWLEDGEABLE IN THEIR FIELDS ON THE BASIS OF PREVIOUS TEACHING OR PROFESSIONAL EXPERIENCE. GRACE TEACHERS MUST ALSO HOLD TO A REFORMED CHRISTIAN APPROACH TO EDUCATION. WHILE GRACE IS NONDENOMINATIONAL, CHRISTIAN PERSPECTIVES STRONGLY INFLUENCE ALL CLASSROOM TEACHING AND THE SELECTION OF EDUCATIONAL MATERIALS. GRACE CLASSES ARE OPEN TO ALL STUDENTS K12 WHOSE PARENTS ARE COMMITTED TO HOME SCHOOLING AND WHO ARE WILLING TO ABIDE BY THE GRACE CODE OF CONDUCT WHILE AT SCHOOL. CLASSES MEET ONE DAY A WEEK AND PARENTS ARE ALLOWED TO CHOOSE AS F
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED 85 CLASSES FOR 315 HOME EDUCATED STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Ridderbos Secretary | OfficerTrustee | 1 | $3,572 |
Ruth Nobel Board Memebe | Trustee | 1 | $2,278 |
Martha Markwat Board Member | Trustee | 1 | $552 |
Dave Pruis Treasurer | OfficerTrustee | 1 | $0 |
Richard Olsen President | OfficerTrustee | 1 | $0 |
Jeremy Venlet Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,173 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,173 |
| Total Program Service Revenue | $235,298 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $236,471 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $154,674 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,258 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $370 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,863 |
| Advertising and promotion | $13,308 |
| Office expenses | $2,120 |
| Information technology | $1,727 |
| Royalties | $0 |
| Occupancy | $22,634 |
| Travel | $810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,126 |
| All other expenses | $0 |
| Total functional expenses | $231,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,269 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,945 |
| Prepaid expenses and deferred charges | $384 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $51,598 |
| Accounts payable and accrued expenses | $623 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,053 |
| Total liabilities | $5,676 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $45,922 |
| Total liabilities and net assets/fund balances | $51,598 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Grace Home School Academy has recieved totaling $134.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $134 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Wood County Schools Benefit Plan Bowling Green, OH | $9,100,102 | $25,909,869 |
Progressnow Education Lansing, MI | $1,591,280 | $29,411,544 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Accelerate Great Schools Cincinnati, OH | $48,959,993 | $4,700,984 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Chippewa Luce Macinac Comm Action Human Resource Auth Inc Sault Ste Marie, MI | $6,136,968 | $10,393,284 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |
Lansing Christian School Lansing, MI | $7,908,099 | $6,549,219 |