Grace Christian School Inc
- Assets
- $1.9m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 72
- Location
- Mechanicsville, VA
- Founding
- 04/2012
- Data as of
- 06/2024
- EIN
- 45-3987238
Organization Overview
Grace Christian School Inc is located in Mechanicsville, VA. The organization was established in 2012. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2024, Grace Christian School Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Christian School Inc 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 06/2024, Grace Christian School Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $2.9m during the year ending 06/2024. While expenses have increased by 21.4% per year over the past 4 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
MIDDLE AND HIGH SCHOOL EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION AND PURPOSE OF GRACE CHRISTIAN SCHOOL (GCS) IS TO PROVIDE A CHRIST-CENTERED SCHOOL OF ACADEMIC EXCELLENCE TO MIDDLE AND HIGH A CHRIST-CENTERED SCHOOL OF ACADEMIC EXCELLENCE TO MIDDLE AND HIGH SCHOOL STUDENTS. NOW IN OUR TWELFTH YEAR, GCS HAS GROWN TO WELCOME 305 STUDENTS AND RECENTLY EXPANDED INTO A NEW 18,000-SQUARE-FOOT FACILITY. THIS ADDITION INCLUDES ELEVEN CLASSROOMS, FEATURING TWO STATE-OF-THE- ART HIGH SCHOOL SCIENCE LABS, AN ART STUDIO, A MEDIA CENTER, AN OFFICE SUITE, AND A STUDENT CAFETERIA, FURTHER ENHANCING OUR ABILITY TO SERVE OUR STUDENTS AND COMMUNITY.
GRACE CHRISTIAN SCHOOL (GCS) IS DEDICATED TO EXCELLENCE IN ATHLETICS, WITH A FOCUS ON HEALTH, PHYSICAL DEVELOPMENT, LEADERSHIP, PERSEVERANCE AND INTEGRITY BOTH ON AND OFF THE FIELD. AS A PROUD MEMBER OF THE VIRGINIA METRO ATHLETIC ASSOCIATION (VMAC) AND THE VIRGINIA INDEPENDENT SCHOOLS ATHLETIC ASSOCIATION (VISSA), GCS CONTINUES TO UPHOLD A STRONG TRADITION OF COMPETITIVE SUCCESS. IN THE 2023-2024 SCHOOL YEAR, OUR GIRLS' SOCCER TEAM EARNED THE TITLE OF DIVISION III STATE CHAMPIONS. WITH 19 COMPETITIVE SPORTS PROGRAMS FOR MIDDLE AND HIGH SCHOOL STUDENTS, GCS OFFERS A WIDE RANGE OF OPPORTUNITIES FOR STUDENTS TO GROW THROUGH ATHLETICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jethro III Piland Chair | OfficerTrustee | $0 | |
Patrick C Doise Treasurer | OfficerTrustee | $0 | |
Bill John Director | Trustee | $0 | |
David Martin Director | Trustee | $0 | |
Holly Claytor Director | Trustee | $0 | |
Dianne Claiborne Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $153,815 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $279,326 |
| Total Program Service Revenue | $2,404,193 |
| Investment income | $46,560 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$33,932 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,708,659 |
| 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 | $1,489,428 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,037 |
| Payroll taxes | $110,086 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,030 |
| Fees for services: Other | $60,077 |
| Advertising and promotion | $6,903 |
| Office expenses | $20,596 |
| Information technology | $66,115 |
| Royalties | $0 |
| Occupancy | $601,041 |
| Travel | $0 |
| 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 | $120,111 |
| Insurance | $19,342 |
| All other expenses | $13,632 |
| Total functional expenses | $2,872,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,313 |
| Savings and temporary cash investments | $605,828 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,019 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,629 |
| Net Land, buildings, and equipment | $938,686 |
| Investments—publicly traded securities | $201,480 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,879,955 |
| Accounts payable and accrued expenses | $29,662 |
| Grants payable | $0 |
| Deferred revenue | $94,603 |
| 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 | $14,506 |
| Total liabilities | $138,771 |
| 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 | $1,741,184 |
| Total liabilities and net assets/fund balances | $1,879,955 |