Nonprofit · EIN 35-0868095
GRACE SCHOOLS
Tax-exempt · WINONA LAKE, IN 46590
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $102,992,240 | $67,180,744 | $35,811,496 | $128,905,473 | $30,533,116 | $98,372,357 |
| July 31, 2024 | 990 | $5,234,116 | $9,115,272 | -$3,881,156 | $92,110,224 | $32,066,470 | $60,043,754 |
| April 30, 2024 | 990 | $68,609,939 | $63,019,377 | $5,590,562 | $91,468,346 | $28,784,024 | $62,684,322 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $38,231,850
- Program service revenue
- $62,554,802
- Investment income
- $1,939,346
- Net gain from sales of assets
- $7,478
- Other revenue
- $266,242
Expenses
- Grants and similar amounts paid
- $21,579,488
- Compensation of officers, directors and key employees
- $463,807
- Other salaries and wages
- $16,061,133
- Salaries, compensation and benefits (total)
- $20,104,327
- Professional fundraising fees
- $29,327
- Legal fees
- $6,967
- Accounting fees
- $50,500
- Occupancy
- $2,544,993
- Travel
- $2,321,243
- Depreciation
- $3,050,001
- Program services (functional)
- $56,680,423
- Management and general (functional)
- $9,604,543
- Fundraising (functional)
- $895,778
Balance sheet and other
- Total assets, start of year
- $92,110,224
- Total assets, end of year
- $128,905,473
- Total liabilities, end of year
- $30,533,116
- Net assets, end of year
- $98,372,357
- Land, buildings and equipment
- $56,159,880
- Publicly traded securities
- $53,821,845
- Net assets without donor restrictions
- $23,754,252
- Net assets with donor restrictions
- $74,618,105
- Gross unrelated business income
- $110,490
- Gross receipts
- $108,407,297
- Employees
- 1,160
- Volunteers
- 300
- Year formed
- 1948
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR ANDREW FLAMM | PRESIDENT OF GRACE COLLEGE Officer | 40 | $273,581 | $25,142 |
| DR KEVIN ROBERTS | VP ACADEMIC AFFAIRS/PROVOST Highest-paid employee | 40 | $176,168 | $9,749 |
| DR NATHAN BOSCH | DIRECTOR LCFLS Highest-paid employee | 40 | $168,158 | $9,202 |
| DR TIM ZIEBARTH | DEAN OF ONLINE EDUCATION Highest-paid employee | 40 | $161,805 | $10,116 |
| MR DOUG BAUMGARDNER | CFO Officer | 40 | $155,378 | $9,707 |
| DR ROGER STICHTER | PROF OF ACCOUNTING & FINANCE Highest-paid employee | 40 | $143,944 | $8,061 |
| DR TRENT LAMBERT | DIRECTOR OF THE CENTER FOR THRIVING LEADERS Highest-paid employee | 40 | $145,417 | $6,274 |
| MR DANIEL W RENNER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MR SETH NASH | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MS JANINE ZELTWANGER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DR KAREN WHITE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR CORY COLMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR DANIEL SANDOVAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR GREG DOSMANN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR JAMES GRADY | TRUSTEE Trustee or director | 1 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR JONATHON ALLEN | TRUSTEE Trustee or director | 1 | $0 |
| MR KEITH MINIER | TRUSTEE Trustee or director | 1 | $0 |
| MR LAMARR LARK | TRUSTEE Trustee or director | 1 | $0 |
| MR LOREN NEUENSCHWANDER | TRUSTEE Trustee or director | 1 | $0 |
| MR MATT ABERNETHY | TRUSTEE Trustee or director | 1 | $0 |
| MR MIKE YODER | TRUSTEE Trustee or director | 1 | $0 |
| MR QUENTIN BLACKFORD | TRUSTEE Trustee or director | 1 | $0 |
| MR RANDY LAKE | TRUSTEE Trustee or director | 1 | $0 |
| MR ROBERT BISHOP | TRUSTEE Trustee or director | 1 | $0 |
| MR SCOTT SILVEUS | ASSISTANT SECRETARY Trustee or director | 1 | $0 |
| MRS JENN AVEY | TRUSTEE Trustee or director | 1 | $0 |
| MRS JESSICA BRICKER | TRUSTEE Trustee or director | 1 | $0 |
| MRS LETITIA WILLIAMS | TRUSTEE Trustee or director | 1 | $0 |
| MS PHYLLIS MARWAH | TRUSTEE Trustee or director | 1 | $0 |
| REV ADAM COPENHAVER | TRUSTEE Trustee or director | 1 | $0 |
| REV KIP CONE | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended July 31, 2024: 28 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR DANIEL W RENNER | CHAIR Trustee or director, Officer | 1 | $0 |
| MR GREG DOSMANN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| MR SCOTT SILVEUS | ASSISTANT SECRETARY Trustee or director, Officer | 1 | $0 |
| MS JANINE ZELTWANGER | SECRETARY Trustee or director, Officer | 1 | $0 |
| DR KAREN WHITE | TRUSTEE Trustee or director | 1 | $0 |
| MR ANDREW SERAFINI | TRUSTEE Trustee or director | 1 | $0 |
| MR CORY COLMAN | TRUSTEE Trustee or director | 1 | $0 |
| MR DANIEL SANDOVAL | TRUSTEE Trustee or director | 1 | $0 |
| MR JAMES GRADY | TRUSTEE Trustee or director | 1 | $0 |
| MR JONATHON ALLEN | TRUSTEE Trustee or director | 1 | $0 |
| MR KEITH MINIER | TRUSTEE Trustee or director | 1 | $0 |
| MR LAMARR LARK | TRUSTEE Trustee or director | 1 | $0 |
| MR LOREN NEUENSCHWANDER | TRUSTEE Trustee or director | 1 | $0 |
| MR MATT ABERNETHY | TRUSTEE Trustee or director | 1 | $0 |
| MR RANDY LAKE | TRUSTEE Trustee or director | 1 | $0 |
| MR RAY SHOOK | TRUSTEE Trustee or director | 1 | $0 |
| MR ROBERT BISHOP | TRUSTEE Trustee or director | 1 | $0 |
| MR SETH NASH | TRUSTEE Trustee or director | 1 | $0 |
| MRS JENNIFER HOLLAR | TRUSTEE Trustee or director | 1 | $0 |
| MRS JESSICA BRICKER | TRUSTEE Trustee or director | 1 | $0 |
| MRS LETITIA WILLIAMS | TRUSTEE Trustee or director | 1 | $0 |
| MRS MONICA MORRISON | TRUSTEE Trustee or director | 1 | $0 |
| MS PHYLLIS MARWAH | TRUSTEE Trustee or director | 1 | $0 |
| REV ADAM COPENHAVER | TRUSTEE Trustee or director | 1 | $0 |
| REV JOHN MCINTOSH | TRUSTEE Trustee or director | 1 | $0 |
| REV KIP CONE | TRUSTEE Trustee or director | 1 | $0 |
| DR ANDREW FLAMM | PRESIDENT OF GRACE COLLEGE Officer | 40 | $0 |
| MR DOUG BAUMGARDNER | CFO Officer | 40 | $0 |
990 for the year ended April 30, 2024: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR ANDREW FLAMM | PRESIDENT OF GRACE COLLEGE Officer | 40 | $245,093 | $24,802 |
| DR WILLIAM KATIP | SENIOR ADVISOR Highest-paid employee | 40 | $164,327 | $17,557 |
| DR KEVIN ROBERTS | VP ACADEMIC AFFAIRS/PROVOST Highest-paid employee | 40 | $172,261 | $9,529 |
| DR TIM ZIEBARTH | DEAN OF ONLINE EDUCATION Highest-paid employee | 40 | $154,497 | $9,803 |
| DR NATHAN BOSCH | DIRECTOR LCFLS Highest-paid employee | 40 | $154,143 | $8,338 |
| MR DOUG BAUMGARDNER | CFO Officer | 40 | $140,343 | $9,181 |
| DR TIBERIUS RATA | PROFESSOR OLD TESTAMENT STUDIES Highest-paid employee | 40 | $135,356 | $6,256 |
| MR DANIEL W RENNER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MR GREG DOSMANN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MR SCOTT SILVEUS | ASSISTANT SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MS JANINE ZELTWANGER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DR KAREN WHITE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR ANDREW SERAFINI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR CORY COLMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR DANIEL SANDOVAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR JAMES GRADY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR JONATHON ALLEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR KEITH MINIER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR LAMARR LARK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR LOREN NEUENSCHWANDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR MATT ABERNETHY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR RANDY LAKE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR RAY SHOOK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR ROBERT BISHOP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MR SETH NASH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MRS JENNIFER HOLLAR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MRS JESSICA BRICKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MRS LETITIA WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MRS MONICA MORRISON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MS PHYLLIS MARWAH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REV ADAM COPENHAVER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REV JOHN MCINTOSH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REV KIP CONE | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 LANCER WAY, WINONA LAKE, IN 46590-0001
- In care of
- % MATTHEW OTT
- Principal officer (990 for 2024)
- DR ANDREW FLAMM, 1 LANCER WAY, WINONA LAKE, IN 46590
- Signed the 990
- DR ANDREW FLAMM, PRESIDENT
- Phone
- (574) 372-5100
- Website
- WWW.GRACE.EDU
- Return prepared by
- Forvis Mazars LLP
Mission
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.
Program accomplishments
- INSTRUCTIONAL PROGRAMS LOCATED ON A 180 ACRE CAMPUS WITH 2 SATELLITE CAMPUSES SERVING APPROXIMATELY 2,000 UNDERGRADUATE AND GRADUATE STUDENTS IN 100+ MAJORS, MINORS, CERTIFICATES AND GRADUATE PROGRAMS. GRACE OFFERS A 3 YEAR DEGREE PROGRAM WITH OPPORTUNITY TO EARN A MASTERS DEGREE IN THE 4TH YEAR. EMPHASIS ON A BIBLICAL WORLD VIEW AND STUDENT OWNERSHIP OF PERSONAL FAITH THAT RIGHTLY HANDLES THE SCRIPTURES AS THE INERRANT AND VERBALLY INSPIRED WORD OF GOD.Expenses $47,974,307 · grants $21,579,488 · revenue $49,068,543
- AUXILIARY PROGRAMS OFFERING RESIDENTIAL HOUSING AND MEALS ON 180 ACRE CAMPUS. GRACE OFFERS 18 VARSITY SPORTS AND A VIBRANT INTRAMURAL AND CLUB SPORTING PROGRAM. GRACE HAS 15 PRIMARY STUDENT ORGANIZATIONS AND MANY ACADEMIC CLUBS.Expenses $8,706,116 · revenue $13,642,011
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 35-0868095
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1941
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B58Z)
- Assets (IRS master file)
- $128,905,473
- Income (IRS master file)
- $108,407,297
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $102,992,240 | $67,180,744 | $128,905,473 | XML |
| 990-T | July 2025 | – | – | – | IRS |
| 990 | July 2024 | $5,234,116 | $9,115,272 | $92,110,224 | IRS |
| 990-T | July 2024 | – | – | – | IRS |
| 990 | April 2024 | $68,609,939 | $63,019,377 | $91,468,346 | XML |
| 990-T | April 2024 | – | – | – | IRS |
| 990 | April 2023 | $65,010,659 | $61,412,478 | $85,935,849 | IRS |
| 990-T | April 2023 | – | – | – | IRS |
| 990 | April 2022 | – | – | – | IRS |
| 990-T | April 2022 | – | – | – | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990-T | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
| 990 | April 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-0868095).
Questions about GRACE SCHOOLS
- What is the EIN of GRACE SCHOOLS?
- The employer identification number (EIN) of GRACE SCHOOLS is 35-0868095.
- Is GRACE SCHOOLS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
- Are donations to GRACE SCHOOLS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRACE SCHOOLS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GRACE SCHOOLS due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRACE SCHOOLS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of GRACE SCHOOLS?
- The 990 for the year ended July 31, 2025 names DR ANDREW FLAMM.
- Who are the officers and directors of GRACE SCHOOLS?
- The 990 for the year ended July 31, 2025 lists 31 people; 7 received compensation from the organization, the highest $273,581 (DR ANDREW FLAMM, PRESIDENT OF GRACE COLLEGE).
- How much revenue does GRACE SCHOOLS have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $102,992,240, expenses of $67,180,744 and total assets of $128,905,473 at year end.
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