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Grace Schools

Public charityFed auditsIRS 990
DBA: % MATTHEW OTT
Other · WINONA LAKE, IN · EIN 35-0868095

About

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.

In care of Matthew OTT

Donations are tax-deductible
Category
Other
Employees
1,122
Volunteers
300

Financial Snapshot

FY ending 2024-04-30
Revenue
$68.6M
Expenses
$63.0M
Assets
$91.5M
Liabilities
$28.8M

Financial history

$68.6M$34.3M$0
1718192021222324
RevenueExpenses
Latest FY2024: $68.6M · Avg: $58.6M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$21.0M
GRACE SCHOOLS
Your actions

Address

1 Lancer Way
Winona LAKE, IN, 46590-000

Governance

Voting board members26
Independent members26
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %2.0%
Permanent endowment %80.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$0
Net to org-$97K
Retained by contractors$97K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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