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GRACE SCHOOLS

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Public IRS 990 nonprofit record

GRACE SCHOOLS

EIN 35-0868095 · Education (B58Z)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $84.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders31 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

55.03%of revenue went to mission work84.4% of expenses · Program services
0.87%of revenue went to fundraising1.3% of expenses
$65.23spent for every $100 of revenueRevenue covered expenses this year.
9.33%of revenue went to management and office costs14.3% of expenses
$1.92in assets for every $1 spent this yearSome assets cannot be spent right away.
37.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $298,723 for DR ANDREW FLAMM (PRESIDENT OF GRACE COLLEGE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$102,992,240
Mission workProgram services$56,680,42355.03% of revenue84.4% of expenses
ManagementOffice and general costs$9,604,5439.33% of revenue14.3% of expenses
FundraisingAsking for donations$895,7780.87% of revenue1.3% of expenses
Revenue left after expensesReported annual surplus$35,811,49634.77% of revenueShown in gray on the chart
Total expenses$67,180,74465.23% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 84.4% mission · 14.3% management · 1.3% fundraisingTotal expenses: 65.23% of revenue
2023Expense mix: 69.8% mission · 27.9% management · 2.2% fundraisingTotal expenses: 174.15% of revenue
2022Expense mix: 86.3% mission · 12.0% management · 1.7% fundraisingTotal expenses: 94.47% of revenue
2021Expense mix: 86.3% mission · 11.7% management · 1.9% fundraisingTotal expenses: 88.43% of revenue
2020Expense mix: 85.2% mission · 12.8% management · 2.0% fundraisingTotal expenses: 97.47% of revenue
2019Expense mix: 83.7% mission · 14.5% management · 1.8% fundraisingTotal expenses: 102.39% of revenue
2018Expense mix: 82.3% mission · 15.7% management · 2.0% fundraisingTotal expenses: 106.05% of revenue
2017Expense mix: 85.7% mission · 12.3% management · 2.0% fundraisingTotal expenses: 96.48% of revenue

Money in and money out

Revenue$102,992,240
Expenses$67,180,744
Annual surplus $35,811,496 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$56,680,423 · 84.4% of expenses
Management and office costs$9,604,543 · 14.3% of expenses
Fundraising$895,778 · 1.3% of expenses
See all reported dollar amounts
Revenue$102,992,240
Expenses$67,180,744
Assets$128,905,473
Income$108,407,297
Contributions$38,231,850
Mission work (program services)$56,680,423
Fundraising$895,778
Management and general$9,604,543
Stocks and bonds$53,821,845
Accounting fees$50,500
Investing fees$221,195
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DR ANDREW FLAMMPRESIDENT OF GRACE COLLEGE · 40 hrs/week $298,723Base $273,581 · Other $25,142
DR KEVIN ROBERTSVP ACADEMIC AFFAIRS/PROVOST · 40 hrs/week $185,917Base $176,168 · Other $9,749
DR NATHAN BOSCHDIRECTOR LCFLS · 40 hrs/week $177,360Base $168,158 · Other $9,202
DR TIM ZIEBARTHDEAN OF ONLINE EDUCATION · 40 hrs/week $171,921Base $161,805 · Other $10,116
MR DOUG BAUMGARDNERCFO · 40 hrs/week $165,085Base $155,378 · Other $9,707
DR ROGER STICHTERPROF OF ACCOUNTING & FINANCE · 40 hrs/week $152,005Base $143,944 · Other $8,061
DR TRENT LAMBERTDIRECTOR OF THE CENTER FOR THRIVING LEADERS · 40 hrs/week $151,691Base $145,417 · Other $6,274

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (31)

DR ANDREW FLAMMPRESIDENT OF GRACE COLLEGE

DR KEVIN ROBERTSVP ACADEMIC AFFAIRS/PROVOST

DR NATHAN BOSCHDIRECTOR LCFLS

DR TIM ZIEBARTHDEAN OF ONLINE EDUCATION

MR DOUG BAUMGARDNERCFO

DR ROGER STICHTERPROF OF ACCOUNTING & FINANCE

DR TRENT LAMBERTDIRECTOR OF THE CENTER FOR THRIVING LEADERS

MS JANINE ZELTWANGERSECRETARY

MR RANDY LAKETRUSTEE

MR ROBERT BISHOPTRUSTEE

MR SCOTT SILVEUSASSISTANT SECRETARY

MR SETH NASHVICE CHAIR

MRS JENN AVEYTRUSTEE

MRS JESSICA BRICKERTRUSTEE

MRS LETITIA WILLIAMSTRUSTEE

MR LAMARR LARKTRUSTEE

MS PHYLLIS MARWAHTRUSTEE

REV ADAM COPENHAVERTRUSTEE

REV KIP CONETRUSTEE

MR QUENTIN BLACKFORDTRUSTEE

MR MIKE YODERTRUSTEE

MR MATT ABERNETHYTRUSTEE

MR LOREN NEUENSCHWANDERTRUSTEE

MR KEITH MINIERTRUSTEE

MR JONATHON ALLENTRUSTEE

MR JAMES GRADYTRUSTEE

MR GREG DOSMANNTRUSTEE

MR DANIEL W RENNERCHAIR

MR DANIEL SANDOVALTRUSTEE

MR CORY COLMANTRUSTEE

DR KAREN WHITETRUSTEE

About this charity

Recognized since
January 1941
Location
1 LANCER WAY, WINONA LAKE, IN 46590-0001
County
Kosciusko
In care of
% MATTHEW OTT
Primary officer
DR ANDREW FLAMM, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
August 1, 2024
Return type
990
Tax preparer
FORVIS MAZARS LLP
NTEE classification
Education (B58Z)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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