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Grace School Of Theology

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

EIN: 760690847 ✦ The woodlands, TX ✦ Designated as a 501(c)(3)

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Overview

What is Grace School Of Theology?

Grace School of Theology is a nonprofit organization, specifically focused on Christian education, located at 3705 College Park Drive, Suite 140, The Woodlands, Texas 77384. With approximately 830 students enrolled both domestically and internationally, they offer a variety of programs in Bible theology and Christian ministry. These programs span undergraduate, graduate, and doctoral degree programs, as well as certificate programs with concentrations in Bible exposition, theology, and Christian ministry skills. The primary mission of Grace School of Theology is to cultivate spiritual leaders across the globe, who can share the unconditional love of Christ, a love that cannot be acquired nor lost. The institution employs a team of 74 individuals to achieve this mission.


Official website here: www.gsot.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Grace School of Theology holds a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 74%. While the organization demonstrates strong performance in areas such as program expenses, fundraising efficiency, and governance, it faces challenges that affect its overall rating. The high score in constituent feedback indicates that the community perceives the organization's work positively.

Strengths include a high percentage of independent board members (90%) and effective financial oversight practices, along with a solid program expense ratio of 86.89%. However, the organization has significant weaknesses in governance policies, notably the absence of a Whistleblower Policy and Document Retention and Destruction policy, which have contributed to its lower accountability score.

Additionally, the liabilities to assets ratio raises some concerns, reflecting a need for improved financial stability. Despite these challenges, the organization appears to engage well with its constituents, utilizing feedback effectively to enhance its practices. Addressing its governance policies could significantly improve its rating in the future.


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

Is Grace School Of Theology legitimate?

Grace School Of Theology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace School Of Theology 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: $370,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,974,294

For more financial information, click here


Official website here: www.gsot.edu

What is the mission statement of Grace School Of Theology?

Grace School of Theology's mission is centered around developing spiritual leaders from various nations. These leaders are equipped to share the unconditional love of Christ, a love that is neither earned nor lost. The school achieves this mission through a comprehensive range of educational programs in Bible theology and Christian ministry. These programs, which attract approximately 830 students from the U.S. and internationally, include undergraduate, graduate, and doctoral degree programs, as well as certificate programs focusing on biblical exposition, theology, and Christian ministry skills.


Official website here: www.gsot.edu

Who is the CEO of Grace School Of Theology?

Dave Anderson is the Trustee/Pres of Grace School Of Theology.


Official website here: www.gsot.edu

What is the revenue of Grace School Of Theology?

Grace School Of Theology's revenue in 2022 was $6,167,472.


Official website here: www.gsot.edu

Who are the executives of Grace School Of Theology and what are their salaries?

The average compensation at Grace School Of Theology during 2022 was $31,685. There are 74 employees and 44 volunteers at Grace School Of Theology.


Here are 11 key members and their salaries:


Dave Anderson (Trustee/Pres)
  • Compensation: $169,025
  • Related: $0
  • Other: $89,837
Fred Chay (Manager)
  • Compensation: $106,992
  • Related: $0
  • Other: $26,000
Daniel Labry (Vp-Adv & Ope)
  • Compensation: $107,657
  • Related: $0
  • Other: $3,900
Mark Albers (Vice Chair/T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Darby (Chairman/Tru)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Dunn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Marshall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mcewen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Nichols (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dian Sustek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Tebow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gsot.edu

Where can I find the form 990 for Grace School Of Theology?

Grace School Of Theology's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gsot.edu

Learn more at the official website: www.gsot.edu

Mission Statement of Grace School Of Theology

Grace School of Theology is dedicated to the development of spiritual leaders across the globe. Their mission is to educate these individuals about the unconditional love of Christ, a love that is neither earned nor lost. By offering various programs in Bible theology and Christian ministry, the school aims to equip these leaders with the knowledge and skills necessary to teach others about this profound love. Approximately 830 students, both domestically and internationally, are currently enrolled in Grace School of Theology's undergraduate, graduate, doctoral, and certificate programs, which include courses and concentrations in Bible exposition, theology, and Christian ministry skills. The school's goal is to nurture these future spiritual leaders, preparing them to share the message of Christ's love with others.

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Impact




July, 2024

Grace School of Theology has a significant impact on developing spiritual leaders around the world. With programs in Bible theology and Christian ministry, attended by approximately 830 students in the U.S. and internationally, the school is equipping individuals with the knowledge and skills to spread the message of Christ's love. By offering undergraduate, graduate, and doctoral degree programs as well as certificate programs, Grace School of Theology is empowering students to become effective teachers of the gospel. This is essential for fostering a global community of believers who understand and can communicate the unearned and enduring love of Christ.




This information is meant to be a general summary of Grace School Of Theology. 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
$6,167,472 (2022)
Expenses
$6,097,103 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$295
  • Program Service Revenue: $2,585,600
  • Gross Receipts: $6,167,472

Assets and Liabilities:

  • Total Assets: $1,962,026
  • Total Liabilities: $968,233
  • Net Assets: $993,793

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Programs

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

TUITION AND FEES

Revenue

$2,585,600

Organization Details

Founding Year

2001

Principal Officer

Dave Anderson

Main Address

3705 COLLEGE PARK DR STE 140, THE WOODLANDS, TX, 773844894

NTEE Category

Code: B50 - Education

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