Faith And Grace Learning Center
- Assets
- $189.7k
- Revenue
- $497.6k
- Investments
- $0.0
- Employees
- 51
- Location
- Martinsburg, PA
- Founding
- 03/2019
- Data as of
- 12/2020
- EIN
- 82-3752271
Organization Overview
Faith And Grace Learning Center is located in Martinsburg, PA. The organization was established in 2019. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2020, Faith And Grace Learning Center employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith And Grace Learning Center 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 12/2020, Faith And Grace Learning Center generated $497.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $475.7k during the year ending 12/2020. While expenses have increased by 18.2% per year over the past 3 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
FAITH & GRACE LEARNING CENTER HAS THE PURPOSE OF CARING, NUTURING AND EDUCATING CHILDREN SIX WEEKS TO TWELVE YEARS OF AGE WITH CURRICULUM BASED ON THE FINEST EARLY CHILDHOOD AND MONTESSORI EDUCATIONAL PRACTICES LACED WITH CHRISTIAN PRINCIPALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAITH & GRACE LEARNING CENTER HAS THE PURPOSE OF CARING, NUTURING AND EDUCATING CHILDREN SIX WEEKS TO TWELVE YEARS OF AGE WITH CURRICULUM BASED ON THE FINEST EARLY CHILDHOOD AND MONTESSORI EDUCATIONAL PRACTICES LACED WITH CHRISTIAN PRINCIPALS. THIS CENTER IS A NON-DENOMINATIAL CENTER. BASIC CHRISTIAN PRINCIPLES ARE TAUGHT AND MODELED BY THE STAFF. THIS FACILITY IS LICENSED BY THE DEPARTMENT OF PUBLIC WELFARE AND EXCEEDS STATE GUIDELINES AND REGULATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $102,441 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,441 |
| Total Program Service Revenue | $394,761 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $382 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $497,584 |
| 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 | $1,448 |
| Compensation of current officers, directors, key employees. | $48,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $277,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,708 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $796 |
| Office expenses | $2,254 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $852 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,109 |
| Insurance | $8,143 |
| All other expenses | $48,993 |
| Total functional expenses | $475,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,425 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,285 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $58,747 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,254 |
| Total assets | $189,711 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $80,976 |
| Total liabilities | $80,976 |
| Net assets without donor restrictions | $108,735 |
| Net assets with donor restrictions | $0 |
| 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 | $189,711 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Faith And Grace Learning Center has recieved totaling $64.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $64 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Pingry Corporation Basking Ridge, NJ | $215,792,985 | $70,756,009 |
Mcdonogh School Incorporated Owings Mills, MD | $267,537,945 | $83,365,139 |
Spence School New York, NY | $416,454,517 | $72,977,566 |
Collegium Charter School Exton, PA | $94,797,177 | $61,790,179 |
Packer Collegiate Institute Brooklyn, NY | $176,388,503 | $70,028,029 |