Grace University FY2021 filing

Tax-deductible

Pomona, CA501(c)(3)Arts & CultureEIN 82-4175694Revenue $226K in FY2021

On file with the IRSgraceuniv.org981 Corporate Center Dr Ste 140, 91768-2620 · Pomona, CATax-exempt since May 2018Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Grace University is a denominational non-profit, postsecondary faith-based educational institution. Grace University strives to be a leader in thedevelopment and execution of christian-imbued educational experiences forindividuals that they can use to make a significant impact on the world throughtheir personal and professional excellence. Grace University seeks fulfill itsmission by providing a variety of lifelong opportunities for individuals thatinclude bachelor's and master's degrees.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$18K 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

FY2021 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $56K a year · 14% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$18K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 6 voting members
Concern: none of 6 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$226K
Spent
$204K
To programs
84%
Net assets
$96K
By yearFY2021–FY2024
Revenue
$226K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$226K
FY2022$444K
FY2023$365K
FY2024$537K
Expenses
$204K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$204K
FY2022$362K
FY2023$312K
FY2024$470K
Net assets
$96K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$96K
FY2022$178K
FY2023$231K
FY2024$298K

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2018.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $172K Management & general 14% · $28K Fundraising 2% · $4K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

6 people listed on the 990; $18K paid to officers and key staff.

Part VII, Section A · reportable compensation
$18,500Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

John Charity’s $38K as Vice President is at the 33rd percentile of top reported officer pay among 2216 $100K–1M arts & culture 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 · 3 named individuals · Part VII

NameFY2023FY2022FY2021
Theresa Woo$35,000$80,000—
John Charity$38,000$39,000$18,500
Scott Schrader$13,500$9,000—

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 University executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 15aNo

Programs and updates

Offers faith-based degrees and lifelong learning for impactful personal and professional excellence.

Questions for Grace University

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

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

Provided by the organization

Know this organization? Claim it to add your story

1 program · $172K · in their own filed words · FY2021
01

Grace university is a denominational non-profit, postsecondary faith-based educational institution. Grace university strives to be a leader in thedevelopment and execution of christian-imbued educational experiences forindividuals that they can use to make a significant impact on the world throughtheir personal and professional…

$172Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$226K
Ln 12
Fees for servicesLn 2g$201K
Gifts and grantsLn 1h$25K
Money outPt IX
$204K
Ln 25
Programscol B$172K
Managementcol C$28K
Fundraisingcol D$4K
Owns and owesPt X
$96K
net assets · Ln 32
Cash and savingsLn 1–2$91K
Total assetsLn 16$99K
LiabilitiesLn 26$3K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25K
Fees for servicesLn 2g$201K
Gains on assetsLn 7$0
Total revenueLn 12$226K
Assets in detailPt X, end of year
CashLn 1$91K
SavingsLn 2$0
Cash and savings togetherLn 1–2$91K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$504
Other assetsLn 15$8K
Total assetsLn 16$99K
LiabilitiesLn 26$3K
Net assetsLn 32$96K
OperationsPt I, VI
EmployeesI 55
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$65K$91K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$864$504
Total assetsLn 16$74K$99K
LiabilitiesLn 26$27K$3K
Net assetsLn 32$47K$96K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
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$18K$18K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$55K$55K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$7K$7K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$26$26
Advertising and promotionLn 12$0
Office expensesLn 13$321$321
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$360$360
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$111K$92K$19K
All other expensesLn 24e$12K$8K$4K
Total functional expensesLn 25$204K$172K$28K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $537K$470K$67K$298K 990 PDF
FY2023 $365K$312K$53K$231K 990 PDF
FY2022 $444K$362K$82K$178K 990 PDF
FY2021 Viewing $226K$204K$22K$96K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $226,059 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $13,345$25,180
I-9 Program service revenuePrior year $184,515$200,879
I-10 Investment income$0
I-11 Other revenuePrior year $78$0
I-12 Total revenuePrior year $197,938$226,059
I-13 Grants and similar amounts paidPrior year $1,000$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $81,267$80,197
I-16a Professional fundraising feesPrior year $34,225$0
I-17 Other expensesPrior year $103,817$123,952
I-18 Total expensesPrior year $220,309$204,149
I-19 Revenue less expensesPrior year −$22,371$21,910
Part VI · Governance 0 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $226,059 across 9 lines filed
VIII-1f All other contributions, gifts and grants$25,180
VIII-1h Total contributions, gifts and grants$25,180
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $200,879$200,879
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $200,879$226,059
Part IX · Statement of functional expenses $204,149 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
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 $18,500$18,500
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $54,800$54,800
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $6,897$6,897
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $26$26
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $321$321
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $360$360
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $91,916 · Management $19,426$111,342
IX-24e All other expensesManagement $7,954 · Fundraising $3,949$11,903
IX-25 Total functional expensesPrograms $172,473 · Management $27,727 · Fundraising $3,949$204,149
Part X · Balance sheet $99,148 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $64,750$90,544
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $864$504
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $8,100$8,100
X-16 Total assetsStart of year $73,714$99,148
X-25 Other liabilitiesStart of year $16,861$3,063
X-26 Total liabilitiesStart of year $26,760$3,063
X-27 Net assets without donor restrictionsStart of year $46,954$96,085
X-32 Total net assets or fund balancesStart of year $46,954$96,085
X-33 Total liabilities and net assetsStart of year $73,714$99,148
Part XI · Reconciliation of net assets $96,085 net assets at year end
XI-1 Total revenue$226,059
XI-2 Total expenses$204,149
XI-3 Revenue less expenses$21,910
XI-4 Net assets at start of year$46,954
XI-8 Prior period adjustments$27,221
XI-10 Net assets at end of year$96,085

Form 990 e-file (XML) FY2021 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

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.