Grace Christian Academy Of Leipers Fork is located in Franklin, TN. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Grace Christian Academy Of Leipers Fork employed 170 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Christian Academy Of Leipers Fork is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Grace Christian Academy Of Leipers Fork generated $8.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $4.4m during the year ending 12/2022. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION - ASSIST CHRISTIAN FAMILIES IN EDUCATING THEIR CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST CHRISTIAN FAMILIES IN EDUCATING THEIR CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robbie Mason Chairman | Trustee | 40 | $233,730 |
Name Not Listed Director | 0 | $0 | |
Name Not Listed Director | 0 | $0 | |
Name Not Listed Director | 0 | $0 | |
Name Not Listed Director | 0 | $0 | |
Mark Myers Highly Compensated Employee | 40 | $126,541 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $96,328 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,120,065 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,216,393 |
Total Program Service Revenue | $4,813,874 |
Investment income | -$45,877 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $26,852 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,011,242 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,457,020 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $85,466 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $398,807 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $23,385 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $258,286 |
Insurance | $194,238 |
All other expenses | $10,872 |
Total functional expenses | $4,389,232 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,229,215 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,217,522 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $118,273 |
Prepaid expenses and deferred charges | $95 |
Net Land, buildings, and equipment | $4,748,685 |
Investments—publicly traded securities | $0 |
Investments—other securities | $67,628 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $14,595,748 |
Total assets | $29,977,166 |
Accounts payable and accrued expenses | $27,406 |
Grants payable | $0 |
Deferred revenue | $3,967,757 |
Tax-exempt bond liabilities | $1,180,505 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,089,267 |
Total liabilities | $11,264,935 |
Net assets without donor restrictions | $14,105,773 |
Net assets with donor restrictions | $4,606,458 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $29,977,166 |