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Nonprofit · EIN 20-5287030

LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC

Tax-exempt · OSKALOOSA, IA 52577

Financials

$464K$515K2023$483K$448K2024
Revenue Expenses · by fiscal year end
Financials of LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$482,984$447,687$35,297$556,813$0$556,813
June 30, 2024990$464,434$515,350-$50,916$521,516$0$521,516
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$465,882
Program service revenue
$0
Investment income
$17,102
Other revenue
$0

Expenses

Grants and similar amounts paid
$434,954
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,140
Program services (functional)
$434,954
Management and general (functional)
$12,219
Fundraising (functional)
$514

Balance sheet and other

Total assets, start of year
$521,516
Total assets, end of year
$556,813
Total liabilities, end of year
$0
Net assets, end of year
$556,813
Net assets without donor restrictions
$137,609
Net assets with donor restrictions
$419,204
Gross receipts
$482,984
Employees
0
Volunteers
8
Year formed
2006
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOEL GROENENBOOMPresident
Trustee or director, Officer
2$0
RUSS FYNAARDTTreasurer
Trustee or director, Officer
1$0
CURTIS DE BRUINSecretary
Trustee or director, Officer
1$0
MIKE VER MEERTrustee
Trustee or director
1$0
BRIAN WHITETrustee
Trustee or director
1$0
ANGIE BURNHANTrustee
Trustee or director
1$0
MARK DEVRIESTrustee
Trustee or director
1$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
JOEL GROENENBOOMPresident
Trustee or director, Officer
2$0
KODY ROOSTrustee
Trustee or director
1$0
KURTIS DE BRUINSecretary
Trustee or director, Officer
1$0
MIKE VER MEERTrustee
Trustee or director
1$0
BRIAN WHITETrustee
Trustee or director
1$0
ELDEN VAN ZEETreasurer
Trustee or director, Officer
1$0
ANGIE BURNHANTrustee
Trustee or director
1$0
MARK DEVRIESTrustee
Trustee or director
1$0

Address and contacts

Address (IRS master file)
726 N E ST, OSKALOOSA, IA 52577-2146
In care of
% DARRYL DE RUITER
Signed the 990
JOEL GROENENBOOM, President
Phone
(641) 780-2467
Return prepared by
TARBELL & CO PLC

Mission

To solicit contributions from the general public in order to provide scholarships to families to assist with tuition costs in grades K-12 of accredited, non-public schools located in the State of Iowa.

990 for the year ended June 30, 2025

Program accomplishments

  • Legacy of Grace School Tuition Organization, Inc. provided scholarships to eligible students attending nonpublic K-12 schools in the state of Iowa which are accredited under Iowa Code section 256.11 and adheres to the provisions of the federal Civil Rights Act of 1964 and chapter 216. An "Eligible student" is a student who is a member of a household whose total annual income during the calendar year before the student receives a tuition grant does not exceed an amount equal to four times the most recently published federal poverty guidelines in the federal register by the United States department of health and human services.The Organization distributed $423,942 in the form of scholarships. Scholarship distributions were made directly to 7 accredited, non-public schools located in the State of Iowa to provide tuition assistance for students from eligible families as described above.The Organization distributed $11,012 in the form of donations to unrelated, not-for-profit organizations promoting private education in Iowa.
    Expenses $434,954 · grants $434,954

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-5287030
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$556,813
Income (IRS master file)
$482,984

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$482,984$447,687$556,813XML
990June 2024$464,434$515,350$521,516XML
990June 2023$551,213$483,044$572,432IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5287030).

Questions about LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC

What is the EIN of LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC?
The employer identification number (EIN) of LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC is 20-5287030.
Is LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does LEGACY OF GRACE SCHOOL TUITION ORGANIZATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $482,984, expenses of $447,687 and total assets of $556,813 at year end.

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