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Grace Covenant Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270533151 ✦ Frisco, TX ✦ Designated as a 501(c)(3)

Overview

What is Grace Covenant Academy?

Grace Covenant Academy is a nonprofit organization situated in Frisco, Texas, with the address 8000 Sanctuary Drive, 75033. Their primary mission is to support and guide Christian parents in their role of educating their children. This education takes place in an environment that is centered around the gospel and emphasizes academic excellence. The academy encourages students to analyze various aspects of life through the lens of God's word, fostering a deep love for Him. They aim to instill in their students the ability to apply His teachings and share His message with the world. With a team of 32 dedicated individuals, Grace Covenant Academy is committed to shaping the future generations in a faith-based, academically enriching context.


Official website here: www.gcafrisco.org

Is Grace Covenant Academy legitimate?

Grace Covenant Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Covenant Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $122,764
Professional Fundraising Fees: $0
Other Salaries and Wages: $592,597

For more financial information, click here


Official website here: www.gcafrisco.org

What is the mission statement of Grace Covenant Academy?

Grace Covenant Academy's mission is centered around assisting and coaching Christian parents in their educational journey with their children. The academy aims to provide an environment that fosters academic excellence while grounding the learning in biblical principles. It encourages students to critically analyze information through the lens of God's word, nurturing a deep love for God. The ultimate objective is to equip the students with the ability to apply biblical truths and spread God's message in the world.


Official website here: www.gcafrisco.org

Who is the CEO of Grace Covenant Academy?

Brian Smith is the Director of Grace Covenant Academy.


Official website here: www.gcafrisco.org

What is the revenue of Grace Covenant Academy?

Grace Covenant Academy's revenue in 2022 was $1,140,162.


Official website here: www.gcafrisco.org

Who are the executives of Grace Covenant Academy and what are their salaries?

The average compensation at Grace Covenant Academy during 2022 was $22,355. There are 32 employees at Grace Covenant Academy.

Here are 5 key members and their salaries:

    Amy Smith (Director)
  • Compensation: $79,330
  • Related: $0
  • Other: $0

    • Brian Smith (Executive Dir.) [Trustee/Director]
  • Compensation: $43,434
  • Related: $0
  • Other: $0

    • Bob Hughes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Webster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Shaw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gcafrisco.org

    Where can I find the form 990 for Grace Covenant Academy?

    The Grace Covenant Academy’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gcafrisco.org

    Learn more at the official website: www.gcafrisco.org

    Mission Statement of Grace Covenant Academy

    Grace Covenant Academy is committed to aiding and guiding Christian parents in their educational journey with their children. The academy's mission is to establish an environment that is both gospel-centered and academically excellent. This context is designed to inspire students to critically analyze all aspects of life through the lens of God's word. The ultimate goal is to foster a deep love for God within the students, enabling them to apply His teachings in their daily lives and share His message with the world. By doing so, Grace Covenant Academy empowers its students to make God's name known, equipping them with the necessary tools to make a positive impact in their communities and beyond.

    Impact

    This information is meant to be a general summary of Grace Covenant Academy. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Grace Covenant Academy's impact is significant in assisting and coaching Christian parents in educating their children in a gospel-centered, academically excellent environment. By teaching students to examine all things in light of God's word, the academy cultivates a love for God, encourages the application of His truth, and enables students to make His name known in the world. Located in Frisco, TX, Grace Covenant Academy's mission is to provide a comprehensive educational experience that nurtures both academic excellence and spiritual growth in students from a Christian perspective. Through its dedication to this mission, the academy plays a crucial role in shaping the future generation of Christian leaders who are equipped to positively impact their communities and the world at large.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19
  • Program Service Revenue: $1,077,751
  • Gross Receipts: $1,140,830

    • Assets and Liabilities:
  • Total Assets: $154,195
  • Total Liabilities: $77,948
  • Net Assets: $76,247
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    field trips & camps

    Revenue

    $12,924

    programs & events

    Revenue

    $11,332

    student meals

    Revenue

    $11,521

    Tuition & Fees

    Revenue

    $1,039,682

    uniforms

    Revenue

    $1,870

    Organization Details

    Founding Year

    2009

    Principal Officer

    Brian Smith

    Main Address

    8000 Sanctuary Drive, Frisco, TX, 75033

    NTEE Category

    Code: B20 - Education

    If you are a representative of Grace Covenant Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.