Grace Schools

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Grace college is an evangelical christian community of higher education which applies biblical values in strengthening character, sharpening competence, and preparing for service. grace theological seminary is a learning community dedicated to teaching, training, and transforming the whole person for local church and global ministry. at grace, the students, administration, faculty, and staff aim together to make christ preeminent in all things. students learn this by living, studying, working, worshiping and achieving academic success with other young people who share similar christian ideals in a setting where the community lifestyle fosters devotion to serious academic inquiry, wholesome recreation and relaxation, and mature spiritual growth.”.

When discussing its operations, they were defined as: “Grace college and seminary strives to be an evangelical christian community of higher education.”.

• The state where the non-profit operates has been legally reported as IN.
• The filing indicates that the non-profit's address in 2020 is located at 200 SEMINARY DR, WINONA LAKE, IN, 46590.
• The non-profit has reported 1196 employees on their form as of 2020.
• Does not operate a hospital.
• Operates a school.
• Collects art.
• Does not provide credit counseling.
• Has foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are greater than $1,000,000.
• Revenue is greater than $1,000,000.
• Revenue less expenses is -$3,004,127.
• The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
• The organization elects its board members.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 23 independent voting members.
• The organization has a professional fund raiser.
• The organization was formed in 1948.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule J.
• The organization is required to file Schedule O.
• The organization pays $16,095,707 in salary, compensation, and benefits to its employees.
• The organization pays $1,026,856 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization pays grants to individuals.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization's financial statements were reviewed by an accountant.