Overview
What is Grace Classical School Inc?
Grace Classical School Inc is a nonprofit institution based in Jacksonville, North Carolina (NC), with a PO Box location. During its seventh year of operation, it served 148 students. The school's mission is to collaborate with parents in educating their children using the classical model, grounded in a Christian worldview as outlined in scriptures. With a staff of 61 employees, Grace Classical School Inc is committed to providing a nurturing educational environment that integrates faith and academics.
Official website here: www.graceclassical.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall score: 69%)
Grace Classical School Inc has received a Two-Star rating with a score of 69% from Charity Navigator, indicating that there are areas needing improvement in its accountability and financial practices. The organization has achieved high marks for having an independent board, with 100% of its members being independent, and a strong program expense ratio of 98.46%, which suggests that a significant portion of its funds is directed towards its programs.
However, the nonprofit has notable weaknesses that have impacted its overall score. The absence of crucial financial statements and policies such as conflict of interest and whistleblower protections raises concerns about transparency and governance. Additionally, the school's failure to post its tax form on its website and to maintain proper document retention practices further contributes to its rating.
Overall, while Grace Classical School Inc demonstrates strong commitment to programmatic spending and has a fully independent board, it needs to address the gaps in its financial reporting and governance policies to enhance its accountability and improve its Charity Navigator rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Classical School Inc legitimate?
Grace Classical School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Classical School 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: $312,627
For more financial information, click here
Official website here: www.graceclassical.net
What is the mission statement of Grace Classical School Inc?
Grace Classical School Inc's mission is centered around collaborating with parents in the educational journey of their children. They achieve this through the application of the classical model, infused with a Christian worldview, which is rooted in religious scriptures. The school's mission is to provide a comprehensive educational experience that equips children with the necessary knowledge and values. By doing so, they aim to instill a strong foundation that prepares students for their future. During its seventh year of operation, Grace Classical School Inc had 148 students enrolled.
Official website here: www.graceclassical.net
Who is the CEO of Grace Classical School Inc?
Andrew Ellis is the Treasurer & of Grace Classical School Inc.
Official website here: www.graceclassical.net
What is the revenue of Grace Classical School Inc?
Grace Classical School Inc's revenue in 2023 was $500,720.
Official website here: www.graceclassical.net
Who are the executives of Grace Classical School Inc and what are their salaries?
The average compensation at Grace Classical School Inc during 2023 was $5,125. There are 61 employees and 6 volunteers at Grace Classical School Inc.
Here are 5 key members and their salaries:
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Official website here: www.graceclassical.net
Where can I find the form 990 for Grace Classical School Inc?
Grace Classical School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.graceclassical.net
Learn more at the official website: www.graceclassical.net
Mission Statement of Grace Classical School Inc
Grace Classical School Inc is dedicated to collaborating with parents in the education of their children, employing the classical model. This approach is grounded in a Christian worldview, with a strong foundation in religious scriptures. The school's mission is to foster an educational environment that integrates faith and learning, empowering children to develop holistically. By partnering with parents, Grace Classical School aims to instill in students a deep understanding of various academic subjects, equipping them with the necessary skills for future success.
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Impact
July, 2024
Grace Classical School Inc's impact is reflected in its commitment to partnering with parents in educating children through the classical model within a Christian worldview grounded in the Scriptures. With 148 students enrolled during its seventh year of operation in Jacksonville, NC, the school is dedicated to providing a unique and holistic educational experience that nurtures the mind, heart, and spirit of each student. Through its mission, Grace Classical School is shaping future generations with a strong foundation in academics, character development, and faith, preparing them to make a positive impact on the world.
This information is meant to be a general summary of Grace Classical School 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $207
- Program Service Revenue: $496,095
- Gross Receipts: $505,510
Assets and Liabilities:
- Total Assets: $245,954
- Total Liabilities: $10,458
- Net Assets: $235,496
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$496,095
Organization Details
Founding Year
2015
Phone
(910) 526-0718Principal Officer
Andrew Ellis
Main Address
PO BOX 12034, JACKSONVILLE, NC, 28546
Website
www.graceclassical.netNTEE Category
Code: B20 - Education
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