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Graceland University

Public charityFed auditsIRS 990990-T FY2023
DBA: % KAYLA BROWN
Other · LAMONI, IA · EIN 42-0707114

About

See schedule OTHE primary mission of graceland university is to be a learning community, where students develop their potential for meaningful and productive lives through intellectual, physical, social and spiritual growth. This mission is guided by the belief that the curriculum of graceland university should be firmly rooted in the BEST liberal arts tradition, enhanced by practical experiences that prepare students for successful careers. As an institution dedicated to the worth of ALL persons, as a part of its mission, graceland university endeavors to foster christian values in harmony with the community of christ, its sponsoring church. To achieve its mission, graceland university relies UPON an insightful and inspired administration, a competent and dedicated faculty, a compassionate and caring staff, and inquiring students committed to participate in the process of life-long learning.

In care of Kayla Brown

Donations are tax-deductible
Category
Other
Employees
956
Volunteers
1,100

Financial Snapshot

FY ending 2024-05-31
Revenue
$46.8M
Expenses
$57.0M
Assets
$117.5M
Liabilities
$26.3M

Financial history

$60.5M$30.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $46.8M · Peak FY2019: $60.5M · Avg: $55.0M
GRACELAND UNIVERSITY
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Address

1 University PL
Lamoni, IA, 50140-164

Governance

Voting board members21
Independent members20
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

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

Financial detail (Schedule D)

Board-designated %19.3%
Permanent endowment %80.8%
Endowment held by related orgYes
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.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.