Education
(B20)
IRS Verified
DX Registered
990 on File
GRACE COVENANT ACADEMY
Financial strength (30%)
79/100
Reliability (20%)
50/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
We are a university model school committed to the community by educating and raising up outstanding citizens alongside the parents of our students. We believe that every child counts and every child is special. We educate students whose parents are just as involved in their education as our school is. If the parents are invested, then the success rate of the child has tripled. We are invested in families as a whole.
Financial Overview — FY 2025
$1.7M
Total Revenue
$1.5M
Total Expenses
$304K
Net Assets
57
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.5%
Fundraising Efficiency
N/A
Operating Reserve
2.37x
Liability-to-Asset
3.0%
Revenue Diversification
94.7%
Executive Compensation
$135K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.5% | 84.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.3% | 12.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.3% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.4 mo | 9.0 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.0% | 21.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.7% | 89.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
0.0% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.0% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
10.6% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.7M | $1.5M | $304K | 89.5% | 57 |
| 2024 | $1.7M | $1.5M | $304K | 89.5% | 57 |
| 2023 | $1.4M | $1.4M | $163K | 91.8% | 32 |
| 2022 | $1.1M | $1.0M | $76K | 83.8% | 32 |
| 2021 | $906K | $840K | N/A | — | 32 |
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