Nonprofit · EIN 87-4569459
SPIRIT AND GRACE ACADEMY
Tax-exempt · ELKHORN, NE 68022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $230,866 | $837,906 | -$607,040 | $226,862 | $3,442,887 | -$3,216,025 |
| December 31, 2024 | 990 | $632,690 | $1,615,722 | -$983,032 | $410,257 | $3,019,242 | -$2,608,985 |
| December 31, 2023 | 990 | $466,986 | $1,450,050 | -$983,064 | $411,526 | $2,037,479 | -$1,625,953 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $48,577
- Program service revenue
- $180,609
- Investment income
- $1,223
- Net income from sales of inventory
- -$907
- Other revenue
- $457
Expenses
- Grants and similar amounts paid
- $300
- Other salaries and wages
- $658,188
- Salaries, compensation and benefits (total)
- $711,703
- Professional fundraising fees
- $0
- Legal fees
- $11,627
- Occupancy
- $61,433
- Travel
- $236
- Depreciation
- $5,490
- Program services (functional)
- $824,739
- Management and general (functional)
- $13,167
Balance sheet and other
- Total assets, start of year
- $410,257
- Total assets, end of year
- $226,862
- Total liabilities, end of year
- $3,442,887
- Net assets, end of year
- -$3,216,025
- Land, buildings and equipment
- $27,323
- Gross receipts
- $232,661
- Employees
- 0
- Volunteers
- 40
- Year formed
- 2021
- State of legal domicile
- NE
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM WAGEMAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHARLES OLSON II | TREASURER Trustee or director, Officer | 1 | $0 |
| FR BENJAMIN BOYD | BOARD MEMBER Trustee or director | 1 | $0 |
| KIM HOOGEVEEN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| THERESA KINNEY | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM WAGEMAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHARLES OLSON II | TREASURER Trustee or director, Officer | 1 | $0 |
| FR BENJAMIN BOYD | BOARD MEMBER Trustee or director | 1 | $0 |
| KIM HOOGEVEEN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM WAGEMAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KIM HOOGEVEEN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| KATE OSTDIEK | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHARLES OLSON II | TREASURER Trustee or director, Officer | 1 | $0 |
| FR BENJAMIN BOYD | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 20950 STATE ST, ELKHORN, NE 68022-1193
- In care of
- % SAM WAGEMAN
- Mailing address (990-N for 2021)
- 20950 STATE STREET, ELKHORN NE 68022
- Principal officer (990 for 2024)
- SAM WAGEMAN, 20950 STATE STREET, ELKHORN, NE 68022
- Principal officer (990-N for 2021)
- SAM WAGEMAN, 20950 STATE STREET, ELKHORN NE 68022
- Signed the 990
- SAM WAGEMAN, PRESIDENT
- Phone
- (402) 390-9500
- Website
- SPIRITANDGRACEACADEMY.COM
- Return prepared by
- LUTZ AND COMPANY PC
Mission
SPIRIT AND GRACE ACADEMY SEEKS TO LIVE AND TEACH IN ACCORDANCE WITH THE FAITH TAUGHT BY THE CATHOLIC CHURCH'S MAGISTERIUM AND THE CATECHISM OF THE CATHOLIC CHURCH
Program accomplishments
- ASSISTING PARENTS IN THE EDUCATION OF THEIR CHILDREN IN ACADEMICS, SPORTS, GENERAL LIFE SKILLS, AND OTHER EXTRA-CURRICULAR ACTIVITIESExpenses $824,739 · grants $300 · revenue $180,609
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 87-4569459
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $410,257
- Income (IRS master file)
- $658,369
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $230,866 | $837,906 | $226,862 | XML |
| 990 | December 2024 | $632,690 | $1,615,722 | $410,257 | XML |
| 990 | December 2023 | $466,986 | $1,450,050 | $411,526 | XML |
| 990 | December 2022 | $380,480 | $929,173 | $400,821 | IRS |
| 990-N for 2021 Officer: SAM WAGEMAN | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-4569459).
Questions about SPIRIT AND GRACE ACADEMY
- What is the EIN of SPIRIT AND GRACE ACADEMY?
- The employer identification number (EIN) of SPIRIT AND GRACE ACADEMY is 87-4569459.
- Is SPIRIT AND GRACE ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to SPIRIT AND GRACE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPIRIT AND GRACE ACADEMY 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 SPIRIT AND GRACE ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPIRIT AND GRACE ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SPIRIT AND GRACE ACADEMY?
- The 990 for the year ended June 30, 2025 names SAM WAGEMAN.
- Who are the officers and directors of SPIRIT AND GRACE ACADEMY?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does SPIRIT AND GRACE ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $230,866, expenses of $837,906 and total assets of $226,862 at year end.
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