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Grace Christian School Of Ocala Florida Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200581148 ✦ Ocala, FL ✦ Designated as a 501(c)(3)

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Overview

What is Grace Christian School Of Ocala Florida Inc?

Grace Christian School of Ocala Florida Inc is a nonprofit organization committed to providing an all-encompassing educational experience for its students. Their mission is to ready children for life, while upholding and honoring God, within a nurturing environment that emphasizes academic excellence. The school serves students from kindergarten to eighth grade. The institution's main objective is to foster a Christ-centered atmosphere, ensuring that learning is not only intellectually stimulating but also spiritually enriching.


Official website here: www.graceschoolocala.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Grace Christian School of Ocala Florida Inc received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas that require significant improvement. The organization scored 64% overall, reflecting a commitment to maintaining an independent board structure, with 100% of its board members being independent. However, the financial transparency aspects are concerning, as evidenced by missing critical policies such as a whistleblower policy and document retention guidelines.

While the school demonstrates a solid liabilities to assets ratio at 32.67%, signaling financial stability, the program expense ratio of 62.75% suggests that more could be allocated towards direct services. The lack of publicly available financial statements and missing tax documents on the nonprofit's website further detracts from its accountability and transparency, points that are vital for building trust with donors and the community.

In summary, Grace Christian School of Ocala Florida Inc exhibits strengths in governance but falls short in financial transparency and documentation. Addressing these limitations could enhance its overall performance and rating in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Grace Christian School Of Ocala Florida Inc legitimate?

Grace Christian School Of Ocala Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Christian School Of Ocala Florida Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,322,488

For more financial information, click here


Official website here: www.graceschoolocala.org

What is the mission statement of Grace Christian School Of Ocala Florida Inc?

Grace Christian School's mission is centered around preparing its students for life, with a strong emphasis on honoring and glorifying God. This is achieved in an environment that fosters academic excellence, with a Christian perspective. The school caters to students from kindergarten to eighth grade, ensuring a comprehensive learning experience. The mission is to nurture well-rounded individuals who can apply their knowledge and faith in various aspects of life.


Official website here: www.graceschoolocala.org

Who is the CEO of Grace Christian School Of Ocala Florida Inc?

Thomas Gerds is the Head Of Scho of Grace Christian School Of Ocala Florida Inc.


Official website here: www.graceschoolocala.org

What is the revenue of Grace Christian School Of Ocala Florida Inc?

Grace Christian School Of Ocala Florida Inc's revenue in 2023 was $3,209,597.


Official website here: www.graceschoolocala.org

Who are the executives of Grace Christian School Of Ocala Florida Inc and what are their salaries?

The average compensation at Grace Christian School Of Ocala Florida Inc during 2023 was $24,491. There are 54 employees and 35 volunteers at Grace Christian School Of Ocala Florida Inc.


Here are 10 key members and their salaries:


Thomas Gerds (Head Of Scho)
  • Compensation: $100,825
  • Related: $0
  • Other: $0
Edna Arenado (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Batsel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah Baxley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fr Don Curran (Chaplin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Suchy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fr Thomas Carson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Chatterton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Christman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Raymond (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.graceschoolocala.org

Where can I find the form 990 for Grace Christian School Of Ocala Florida Inc?

Grace Christian School Of Ocala Florida Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.graceschoolocala.org

Learn more at the official website: www.graceschoolocala.org

Mission Statement of Grace Christian School Of Ocala Florida Inc

Grace Christian School of Ocala Florida Inc is committed to preparing its students for life, with a strong emphasis on honoring and glorifying God. This nonprofit organization creates an academic environment that is centered around Christianity, catering to students from kindergarten to eighth grade. The mission of Grace Christian School is to foster an atmosphere of academic excellence, ensuring that each student is well-equipped to navigate life's challenges while maintaining a deep respect for their religious beliefs. The school's Christ-centered approach extends beyond academics, aiming to instill in its students a strong moral compass and a deep understanding of their faith.

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Impact




October, 2024

Grace Christian School of Ocala Florida Inc prepares students for life by fostering a Christ-centered environment that emphasizes both academic excellence and spiritual growth. By serving grades K-3 through 8th, the school nurtures young minds, instilling values that honor and glorify God. Its commitment to education goes beyond textbooks; it shapes character, encourages ethical decision-making, and inspires students to become responsible, contributing members of society. The focus on a holistic educational approach enables students to thrive academically while developing a strong moral foundation, equipping them for the challenges of the future. Overall, Grace Christian School significantly impacts the local community by cultivating well-rounded individuals who are prepared for life’s journey.




This information is meant to be a general summary of Grace Christian School Of Ocala Florida Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,209,597 (2023)
Expenses
$2,314,074 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $18,026
  • Program Service Revenue: $2,131,786
  • Gross Receipts: $3,279,157

Assets and Liabilities:

  • Total Assets: $8,793,103
  • Total Liabilities: $2,873,436
  • Net Assets: $5,919,667

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOOL

Revenue

$2,131,786

Organization Details

Founding Year

2003

Principal Officer

Thomas Gerds

Main Address

4410 SE 3RD AVENUE, OCALA, FL, 34471

NTEE Category

Code: B24 - Education

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