Overview
What is Grace Classical Academy?
Grace Classical Academy is a nonprofit institution located at 2438 E Cherry, Springfield, MO 65802. Their primary mission is to educate children, instilling in them the values of love, grace, truth, and holiness of God. This classical approach to education was employed last year to facilitate learning for their students. With a dedicated workforce of 38 individuals, they strive to foster a nurturing environment that promotes personal growth and character development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
Grace Classical Academy has received a solid Three-Star rating from Charity Navigator, indicating a reasonably effective organization. The score of 79% reflects a strong performance in accountability and finance, showcasing the academy's commitment to fiscal responsibility and transparency.
One of the notable strengths of Grace Classical Academy is its governance structure, with 100% of board members being independent. This suggests a commitment to ethical decision-making and reduced conflicts of interest. Additionally, the organization has no material diversion of assets and maintains comprehensive policies regarding whistleblower protection, conflict of interest, and document retention.
However, while the program expense ratio is impressively high at 99.90%, indicating that most of the funds are allocated towards programs rather than overhead, the overall rating suggests there may still be areas for improvement in other aspects of their operations. Overall, Grace Classical Academy demonstrates a strong foundation but could further enhance its impact and efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Classical Academy legitimate?
Grace Classical Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Classical Academy 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: $185,660
Professional Fundraising Fees: $0
Other Salaries and Wages: $657,731
For more financial information, click here
What is the mission statement of Grace Classical Academy?
Grace Classical Academy's mission is centered around educating children, promoting the concepts of love, grace, truth, and holiness of God. The academic institution aims to instill these values in its students, fostering an environment that nurtures their spiritual growth along with their academic development. Last year, they implemented the classical approach to education.
Who is the CEO of Grace Classical Academy?
Todd Tolbert is the Secretary of Grace Classical Academy.
What is the revenue of Grace Classical Academy?
Grace Classical Academy's revenue in 2023 was $1,420,802.
Who are the executives of Grace Classical Academy and what are their salaries?
The average compensation at Grace Classical Academy during 2023 was $22,194. There are 38 employees and 10 volunteers at Grace Classical Academy.
Here are 10 key members and their salaries:
- Compensation: $81,209
- Related: $0
- Other: $0
- Compensation: $61,984
- Related: $0
- Other: $0
- Compensation: $39,624
- Related: $0
- Other: $0
- Compensation: $2,843
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Grace Classical Academy?
Grace Classical Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Grace Classical Academy
Grace Classical Academy, as a nonprofit organization, is devoted to the education of children. Their mission is centered around instilling in the students the love, grace, truth, and holiness of God. This mission is the guiding principle that drives their educational approach, aiming to foster a deep understanding and connection with these divine qualities in each student. Last year, they implemented the classical approach to education to achieve this goal.
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Impact
July, 2024
Grace Classical Academy's impact lies in its commitment to educating children in the love, grace, truth, and holiness of God. By using the classical approach to education, the academy in SPRINGFIELD, MO, empowers students with a well-rounded and holistic educational experience. Through its mission of instilling values and knowledge in students, Grace Classical Academy contributes positively to shaping future leaders who are grounded in faith and wisdom.
This information is meant to be a general summary of Grace Classical Academy. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $14,454
- Program Service Revenue: $1,287,844
- Gross Receipts: $1,420,802
Assets and Liabilities:
- Total Assets: $2,485,189
- Total Liabilities: $936,555
- Net Assets: $1,548,634
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition, related fees
Revenue
$1,287,844
Organization Details
Founding Year
2001
Phone
(417) 877-7910Principal Officer
Todd Tolbert
Main Address
2438 E Cherry, Springfield, MO, 65802
NTEE Category
Code: B20 - Education
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