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Grace Mission University

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

EIN: 954559065 ✦ Fullerton, CA ✦ Designated as a 501(c)(3)

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Overview

What is Grace Mission University?

Grace Mission University is a nonprofit institution situated in Fullerton, California. Its primary focus is centered around training and graduating students for ministry, as well as offering education on various Christian topics. The university is dedicated to nurturing reformed leaders by providing them with ample knowledge, skills, and competence through its comprehensive academic programs and structures. With a team of 51 dedicated individuals, Grace Mission University contributes to the spiritual and educational growth of its students.


Official website here: www.gm.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star rating.

Grace Mission University has received a rating of 84% from Charity Navigator, reflecting a commendable performance in the realm of accountability and finance. The high score indicates strong practices overall, particularly in areas such as board independence and financial oversight, where the organization scored full points. The program expense ratio of over 70% suggests that a significant portion of funds is directed towards its mission-related activities.

Despite these strengths, there are notable gaps in governance policies. The absence of a conflict of interest policy, whistleblower policy, and guidelines for document retention and destruction were penalized in the scoring, which highlights potential areas for improvement. Additionally, the failure to post financial documents on their website limits transparency regarding the nonprofit's financial health.

Overall, while Grace Mission University exhibits a solid financial foundation and a commitment to independent governance, addressing the missing policies could enhance its accountability and public trust. The organization appears to be dedicated to its mission, but implementing stronger governance practices would further solidify its reputation.


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

Is Grace Mission University legitimate?

Grace Mission University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Mission University 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: $239,031

For more financial information, click here


Official website here: www.gm.edu

What is the mission statement of Grace Mission University?

Grace Mission University, through its School of Theology, is committed to cultivating reformed leaders by imparting necessary knowledge, skills, and proficiency. This is achieved by offering well-structured and effective academic programs. The university's primary objective is to prepare students for leadership roles within the theological field. The institution has demonstrated success in training ministers and providing comprehensive education in various Christian studies.


Official website here: www.gm.edu

Who is the CEO of Grace Mission University?

Kyunam Choi is the President of Grace Mission University.


Official website here: www.gm.edu

What is the revenue of Grace Mission University?

Grace Mission University's revenue in 2023 was $1,754,598.


Official website here: www.gm.edu

Who are the executives of Grace Mission University and what are their salaries?

The average compensation at Grace Mission University during 2023 was $4,687. There are 51 employees at Grace Mission University.


Here are 3 key members and their salaries:


Kyunam Choi (President)
  • Compensation: $79,350
  • Related: $0
  • Other: $0
Hyun Wan Kim (Secretary)
  • Compensation: $76,370
  • Related: $0
  • Other: $0
Paul Baek (Treasury)
  • Compensation: $45,320
  • Related: $0
  • Other: $0


Official website here: www.gm.edu

Where can I find the form 990 for Grace Mission University?

Grace Mission University's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.gm.edu

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

Mission Statement of Grace Mission University

Grace Mission University, through its School of Theology, is committed to educating and empowering students to emerge as reformed leaders. The university achieves this by offering comprehensive academic programs and structures that foster the necessary knowledge, skills, and proficiency. The primary objective is to prepare students for roles in the ministry and various Christian fields, ensuring they are well-equipped to make a significant impact. The university's success lies in its ability to deliver a balanced education, ensuring graduates are well-rounded and capable of leading with confidence and competence.

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Impact




July, 2024

Grace Mission University's impact lies in its commitment to educating and equipping students to become reformed leaders in the field of theology. The university's dedication to providing effective academic programs and structures has led to the successful training and graduation of students for ministry work. Through its focus on fostering knowledge, skills, and proficiency, Grace Mission University is shaping a new generation of Christian leaders who are prepared to make a positive impact in their communities and beyond.




This information is meant to be a general summary of Grace Mission University. 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
$1,754,598 (2023)
Expenses
$1,491,712 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,242,308
  • Gross Receipts: $1,754,598

Assets and Liabilities:

  • Total Assets: $1,703,957
  • Total Liabilities: $422,639
  • Net Assets: $1,281,318

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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

$1,242,308

Organization Details

Founding Year

1995

Principal Officer

Kyunam Choi

Main Address

1645 W VALENCIA DR, FULLERTON, CA, 92833

Website

www.gm.edu

NTEE Category

Code: B58Z - Education

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