Grace college and seminary strives to be an evangelical christian community of higher education.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$1.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $8.8M a year · 13% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Plus $18.6M in investments, Pt X · Ln 11–13
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $28K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$31.8M
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$64.8M
+18% vs prior year
Spent
$57.3M
To programs
86%
Net assets
$51.4M
By yearFY2020–FY2025
Revenue
$64.8M
FY2022▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$51.0M
FY2021$54.9M
FY2022$64.8M
FY2023$65.0M
FY2024$68.6M
FY2025$103.0M
Expenses
$57.3M
FY2022▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$52.2M
FY2021$53.5M
FY2022$57.3M
FY2023$61.4M
FY2024$63.0M
FY2025$67.2M
Net assets
$51.4M
FY2022▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$40.1M
FY2021$44.8M
FY2022$51.4M
FY2023$55.2M
FY2024$62.7M
FY2025$98.4M

From the FY2022 Form 990 (year ending April 2022) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1941.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $49.4M Management & general 12% · $6.7M Fundraising 2% · $1.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

32 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President of Grace College
$268,259Pt VII · Sec A
VP for Advancement
$168,396Pt VII · Sec A
Dean of Online Education
$138,115Pt VII · Sec A
VP of Admin and Compliance
$132,030Pt VII · Sec A
$130,214Pt VII · Sec A
VP Academic Affairs
$128,074Pt VII · Sec A
Dean School of Business
$117,106Pt VII · Sec A
Director Lcfls
$109,891Pt VII · Sec A

Dr Andrew Flamm’s $274K as President of Grace College is at the 10th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr Andrew Flamm$273,581$245,093—$168,396$148,902$158,901
Dr William Katip End 0122———$268,259——
Dr William Katip—$164,327$261,544—$210,284$238,215
Dr Andrew Flammstart 0622——$201,682———
Dr Kevin Roberts$176,168$172,261$164,568———
Dr Nathan Bosch$168,158$154,143$135,686$109,891——
Dr Tim Ziebarth$161,805$154,497$155,858$138,115$122,903$155,111
Mr Doug Baumgardner$155,378$140,343$134,816$130,214$56,969—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Grace Schools executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates students in an evangelical Christian community.

Questions for Grace Schools

Tap to ask. Grace Schools sees how many people are interested.

Your first name shows with your question. Grace Schools answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $49.4M · in their own filed words · FY2021
01

Instructional programs located on a 180 acre campus with 2 satellite campuses serving approximately 2,000 undergraduate and graduate students in 72 majors. Grace offers a 3 year degree program with opportunity to earn a masters degree in the 4TH year.

$42.0Mprogram expense
02

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.

$7.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$28K
See all 3 funders →
Grants paid · 6 grants · $114.2M · 2019–2024
Unitemized GrantFY2024$21,809,703
Unitemized GrantFY2023$20,983,191
Unitemized GrantFY2022$21,155,791
Unitemized GrantFY2021$18,441,804
Unitemized GrantFY2020$16,838,525
Unitemized GrantFY2019$14,923,316

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$64.8M
Ln 12
Fees for servicesLn 2g$50.7M
Gifts and grantsLn 1h$13.8M
Investment incomeLn 3$178K
Money outPt IX
$57.3M
Ln 25
Programscol B$49.4M
Managementcol C$6.7M
Fundraisingcol D$1.1M
Owns and owesPt X
$51.4M
net assets · Ln 32
Cash and savingsLn 1–2$6.1M
Total assetsLn 16$83.2M
LiabilitiesLn 26$31.8M
PeoplePt VI, VII
32
listed · VII A
PaidVII A8
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$13.8M
Government grantsLn 1e$4.6M
Noncash giftsLn 1g$131K
Fees for servicesLn 2g$50.7M
Investment incomeLn 3$178K
Gains on assetsLn 7−$2K
Total revenueLn 12$64.8M
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$6.1M
Cash and savings togetherLn 1–2$6.1M
InvestmentsLn 11–13$18.6M
Land, buildings, equipmentLn 10c$51.7M
Other assetsLn 15$232K
Total assetsLn 16$83.2M
LiabilitiesLn 26$31.8M
Net assetsLn 32$51.4M
OperationsPt I, VI
EmployeesI 51,163
VolunteersI 6300
Fiscal year endsHeaderApril
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$9.3M$6.1M
InvestmentsLn 11–13$17.1M$18.6M
Land, buildings, equipmentLn 10c$49.1M$51.7M
Total assetsLn 16$81.1M$83.2M
LiabilitiesLn 26$36.3M$31.8M
Net assetsLn 32$44.8M$51.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$18.4M$18.4M
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$408K$347K$53K$8K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$12.9M$9.8M$2.6M$514K
Pension plan contributionsLn 8$360K$310K$43K$7K
Other employee benefitsLn 9$2.6M$2.1M$340K$152K
Payroll taxesLn 10$0
Management feesLn 11a$2.4M$2.4M
Legal feesLn 11b$35K$35K
Accounting feesLn 11c$73K$73K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$4.1M$3.6M$497K$83K
Advertising and promotionLn 12$159K$99K$60K
Office expensesLn 13$1.5M$1.2M$261K$60K
Information technologyLn 14$865K$435K$374K$56K
RoyaltiesLn 15$0
OccupancyLn 16$2.0M$1.3M$694K$2K
TravelLn 17$1.4M$1.3M$98K$29K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$59K$41K$16K$2K
InterestLn 20$1.0M$893K$125K$21K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$2.7M$2.4M$330K$55K
InsuranceLn 23$297K$4K$292K
Other expenses (24a–d)Ln 24$5.9M$4.9M$821K$125K
Total functional expensesLn 25$57.3M$49.4M$6.7M$1.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $103.0M$67.2M$35.8M$98.4M 990 PDF
FY2024 $68.6M$63.0M$5.6M$62.7M 990 PDF
FY2023 $65.0M$61.4M$3.6M$55.2M 990 PDF
FY2022 Viewing $64.8M$57.3M$7.5M$51.4M 990 PDF
FY2021 $54.9M$53.5M$1.4M$44.8M 990 PDF
FY2020 $51.0M$52.2M−$1.2M$40.1M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $64,762,648 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,442,136$13,840,043
I-9 Program service revenuePrior year $45,902,043$50,744,403
I-10 Investment incomePrior year $591,483$178,202
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $54,935,662$64,762,648
I-13 Grants and similar amounts paidPrior year $16,838,526$18,441,804
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $15,708,244$16,255,201
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $20,999,229$22,571,718
I-18 Total expensesPrior year $53,545,999$57,268,723
I-19 Revenue less expensesPrior year $1,389,663$7,493,925
Part VI · Governance 23 of 23 board members independent, no flags
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $64,762,648 across 12 lines filed
VIII-1d Related organizations$8,233
VIII-1e Government grants$4,600,284
VIII-1f All other contributions, gifts and grants$9,231,526
VIII-1g Noncash contributions (included above)$131,046
VIII-1h Total contributions, gifts and grants$13,840,043
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $50,744,403$50,744,403
VIII-3 Investment incomeExcluded from tax $180,231$180,231
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$2,029−$2,029
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $50,744,403 · Excluded from tax $178,202$64,762,648
Part IX · Statement of functional expenses $57,268,723 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $18,441,804$18,441,804
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $346,696 · Management $53,024 · Fundraising $8,157$407,877
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $9,796,841 · Management $2,601,794 · Fundraising $513,878$12,912,513
IX-8 Pension plan contributionsPrograms $309,797 · Management $43,228 · Fundraising $7,205$360,230
IX-9 Other employee benefitsPrograms $2,082,883 · Management $339,600 · Fundraising $152,098$2,574,581
IX-10 Payroll taxes$0
IX-11a Management feesPrograms $2,357,205$2,357,205
IX-11b Legal feesManagement $35,175$35,175
IX-11c Accounting feesManagement $73,111$73,111
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $3,564,172 · Management $497,326 · Fundraising $82,888$4,144,386
IX-12 Advertising and promotionPrograms $98,557 · Management $60,490$159,047
IX-13 Office expensesPrograms $1,157,306 · Management $261,211 · Fundraising $59,821$1,478,338
IX-14 Information technologyPrograms $435,432 · Management $374,270 · Fundraising $55,677$865,379
IX-15 Royalties$0
IX-16 OccupancyPrograms $1,304,333 · Management $693,559 · Fundraising $2,192$2,000,084
IX-17 TravelPrograms $1,313,888 · Management $97,970 · Fundraising $29,343$1,441,201
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $41,283 · Management $16,090 · Fundraising $1,852$59,225
IX-20 InterestPrograms $893,016 · Management $124,607 · Fundraising $20,768$1,038,391
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $2,361,600 · Management $329,526 · Fundraising $54,921$2,746,047
IX-23 InsurancePrograms $4,279 · Management $292,252$296,531
IX-24 Other expenses (24a–d)Programs $4,931,602 · Management $820,612 · Fundraising $125,384$5,877,598
IX-25 Total functional expensesPrograms $49,440,694 · Management $6,713,845 · Fundraising $1,114,184$57,268,723
Part X · Balance sheet $83,215,559 assets, 24 lines filed
Asset lines not itemized here account for $3,145,734; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $5,670$5,672
X-2 Savings and temporary cash investmentsStart of year $9,312,006$6,112,035
X-3 Pledges and grants receivableStart of year $629,731$841,789
X-4 Accounts receivableStart of year $1,202,162$1,963,457
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $475,115$541,269
X-10c Land, buildings and equipment, netStart of year $49,078,599$51,732,966
X-11 Publicly traded securitiesStart of year $15,138,091$18,640,786
X-12 Other securitiesStart of year $2,000,000$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $272,621$231,851
X-16 Total assetsStart of year $81,086,720$83,215,559
X-17 Accounts payable and accrued expensesStart of year $4,992,441$4,811,195
X-18 Grants payableStart of year $738,375$678,310
X-19 Deferred revenueStart of year $118,269$45,417
X-20 Tax-exempt bond liabilitiesStart of year $16,328,468$15,438,973
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $415,270$379,533
X-26 Total liabilitiesStart of year $36,305,557$31,794,714
X-27 Net assets without donor restrictionsStart of year $10,953,290$19,886,187
X-28 Net assets with donor restrictionsStart of year $33,827,873$31,534,658
X-32 Total net assets or fund balancesStart of year $44,781,163$51,420,845
X-33 Total liabilities and net assetsStart of year $81,086,720$83,215,559
Part XI · Reconciliation of net assets $51,420,845 net assets at year end
XI-1 Total revenue$64,762,648
XI-2 Total expenses$57,268,723
XI-3 Revenue less expenses$7,493,925
XI-4 Net assets at start of year$44,781,163
XI-5 Net unrealized gains (losses) on investments−$859,699
XI-9 Other changes in net assets$5,456
XI-10 Net assets at end of year$51,420,845

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.