2024-11-26T14:19:36-06:00 2024-05-31 561131459 Stancil PC 4909 Windy Hill Drive Raleigh NC 27609 990 2023-06-01 561920605 GREATER RALEIGH AREA CHRISTIAN EDUCATION INC GREA 9197472020 1101 BUCK JONES ROAD RALEIGH NC 27606 Eric Bradley HEAD OF SCHOOL 9197472020 2024-11-26 1 0 Nicholas Lombardi Jr P00741321 9198721260 2024-11-22 2023 2024-10-15 13:58:12Z ERIC BRADLEY 1101 BUCK JONES ROAD RALEIGH NC 27606 18488063 0 X www.gracechristian.net X 1994 NC GRACE CHRISTIAN SCHOOL IS A LOVING COMMUNITY THAT SPIRITUALLY AND ACADEMICALLY EQUIPS, CHALLENGES, AND INSPIRES STUDENTS TO IMPACT THEIR WORLD FOR CHRIST. 8 8 243 200 0 0 632778 4987183 10397460 11543265 49553 -253454 184496 207691 11264287 16484685 0 0 0 0 7203649 8584731 0 67500 582046 3561077 4337473 10764726 12989704 499561 3494981 26546926 31723009 16065519 17782983 10481407 13940026 GRACE CHRISTIAN SCHOOL IS A LOVING COMMUNITY THAT SPIRITUALLY AND ACADEMICALLY EQUIPS, CHALLENGES, AND INSPIRES STUDENTS TO IMPACT THEIR WORLD FOR CHRIST. 0 0 11107617 11572557 THE PRINCIPAL PROGRAM SERVICE IS TO PROVIDE RELIGIOUS-BASED EDUCATION FOR THE GREATER RALEIGH AREA. THE SCHOOL PROVIDED EDUCATIONAL SERVICES TO 890 STUDENTS DURING THE 2023-2024 SCHOOL YEAR. 11107617 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 0 1 243 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 X JENNIFER STACK 9192306618 1101 BUCK JONES ROAD RALEIGH NC 27606 MOSS WITHERS CHAIRMAN 1.00 X X 0 0 0 STACY WHEELER TREASURER 1.00 X X 0 0 0 CHASE TEW VICE-CHAIR 1.00 X X 0 0 0 RYAN ARMSTRONG MEMBER 1.00 X 0 0 0 JOHNSON BORU MEMBER 1.00 X 0 0 0 RENEE DRUMGO MEMBER 1.00 X 0 0 0 MARK HENSLEY MEMBER 1.00 X 0 0 0 JACKIE OBUSEK MEMBER 1.00 X 0 0 0 ERIC BRADLEY HEAD OF SCHOOL 40.00 X 190007 0 10838 JENNIFER STACK CFO 40.00 X 114425 0 10169 304432 0 21007 2 0 1 0 0 119669 4867514 4987183 TUITION 611710 10254533 10254533 LUNCH PROGRAM 611710 319464 319464 AFTER CARE 611710 173984 173984 ADMISSION FEES 611710 148921 148921 LEAP TUTORING 611710 140773 140773 505590 505590 11543265 123657 123657 111600 0 111600 111600 111600 173397 1400000 117826 1832682 55571 -432682 -377111 -377111 119669 119669 52870 66799 66799 MISCELLANEOUS 611710 29292 29292 29292 16484685 11572557 0 -75055 334225 290625 32521 11079 6379345 5547158 620729 211458 65792 57209 6402 2181 1294232 1125399 125933 42900 511137 444459 49735 16943 42756 42756 46950 46950 67500 67500 3102 3102 389564 176568 186260 26736 71475 64520 6955 363935 248815 115120 167927 151587 16340 422877 401710 21167 19007 19007 630466 630466 598518 540280 58238 108821 98232 10589 ATHLETICS 347514 347514 FINANCE LEASE EXPENSES 254818 254818 LUNCH 245897 245897 ANNUAL FUND 167922 167922 455924 420597 35327 12989704 11107617 1300041 582046 3197785 370224 1750462 7017835 12101 2079263 33040 64159 106490 123985 27016257 7104907 20205432 19911350 501821 538359 248743 231869 491052 1385965 26546926 31723009 958133 1440657 1730680 1509251 12984370 12760684 392336 2072391 16065519 17782983 X 10240479 11465562 240928 2474464 10481407 13940026 26546926 31723009 3494981 -36362 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 432887 3957795 43567 4434249 438858 -5971 432887 500615 -38958 22799 438858 123300 346590 30725 500615 120115 1355 1830 123300 0.96523 0.02719 0.00758 0 0 11486535 11486535 7037457 2746471 4290986 5276482 1704212 3572270 3215783 2654224 561559 19911350 OPERATING LEASE LIABILITIES 18216 FINANCE LEASE LIABILITIES 179175 UNEARNED DEPOSIT ON SALE OF FIXED ASSETS 1875000 2072391 X 16498090 -36362 -3103 -39465 16537555 -52870 -52870 16484685 13039471 52870 52870 12986601 3103 3103 12989704 Part V, Line 4: THE INTENDED USE OF THE FUND IS TO PAY FOR THE EDUCATION OF STUDENTS THAT CANNOT AFFORD TUITION ON THEIR OWN. Part X, Line 2: THE SCHOOL IS A NOT-FOR-PROFIT SCHOOL THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(A)(VI). Part XI, Line 2d - Other Adjustments: INVESTMENT FEES -3,103. Part XI, Line 4b - Other Adjustments: Fundraising expenses included in revenue -52,870. Part XII, Line 2d - Other Adjustments: Fundraising expenses included in revenue 52,870. Part XII, Line 4b - Other Adjustments: INVESTMENT FEES 3,103. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 PRINTED ON APPLICATION 1 Armstrong McGuire 800 Park Offices Dr Research Triangle Park NC 27709 Capital Campaign 0 4198435 67500 4130935 4198435 67500 4130935 CELEBRATE GRACE 239338 119669 119669 543 16421 1449 894 33563 239338 119669 119669 543 16421 1449 894 33563 52870 66799 0 0 0 0 0 0 0 0 0 ERIC BRADLEY HEAD OF SCHOOL 179000 0 11007 0 0 0 1838 0 9000 0 200845 0 0 0 X 1 1866590 Tax Assessed Value 0 0 0 Form 990, Part VI, Section B, line 11b Reviewed by the Finance Committee before filing. Form 990, Part VI, Section B, line 15a Pay for the Head of School is determined by the board of trustees and voted on by this volunteer board. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the association's members upon request. Form 990, Part XII, Line 2c Audit committee - there have been no changes since the prior year.