Amazing Grace Virtual Academy
- Assets
- $215.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Ulm, MN
- Founding
- 02/2014
- Data as of
- 06/2022
- EIN
- 46-1419809
Organization Overview
Amazing Grace Virtual Academy is located in New Ulm, MN. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amazing Grace Virtual Academy 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 06/2022, Amazing Grace Virtual Academy generated $191.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $198.6k during the year ending 06/2022. While expenses have increased by 21.5% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Grunwald Superintendent | 35 | $24,548 | |
Karl Peterson Board Of Directors Chairman | 2 | $0 | |
Paul Patterson Board Of Directors Secretary | 0.5 | $0 | |
Heath Dobberpuhl Board Of Directors Treasurer | 0.5 | $0 | |
Peter Baganz Board Of Directors Vice-Chairman | 0.5 | $0 | |
Gregory Bork Board Of Directors Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,100 |
| Total Program Service Revenue | $187,219 |
| Membership dues | $0 |
| Investment income | $181 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $191,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,556 |
| Professional fees and other payments to independent contractors | $129,297 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,033 |
| Other expenses | $2,722 |
| Total expenses | $198,608 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $215,636 |
| Other assets | $0 |
| Total assets | $215,636 |
| Total liabilities | $0 |
| Net assets or fund balances | $215,636 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Amazing Grace Virtual Academy has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Antioch Foundation La Crosse, WI PURPOSE: IMPLEMENT ONLINE PILOT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
Woodbury Leadership Academy Woodbury, MN | $4,350,331 | $5,912,313 |
Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |
Barr Center St Louis Park, MN | $8,287,138 | $8,108,042 |
Great Mn Schools Minneapolis, MN | $411,897 | $3,619,260 |
Iowa Western Community College Foundation Council Bluffs, IA | $36,011,501 | $4,880,435 |
West River Foundation Sturgis, SD | $7,568,333 | $3,921,124 |
Sicangu Owayawa Oti-Rosebud Dormitory Mission, SD | $5,924,789 | $2,325,210 |