Nonprofit · EIN 46-5621765
GRACE CLASSICAL ACADEMY INC
Tax-exempt · BONITA SPGS, FL 34134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $1,281,501 | $1,194,911 | $86,590 | $844,810 | $185,253 | $659,557 |
| May 31, 2024 | 990 | $1,145,611 | $1,120,408 | $25,203 | $630,483 | $57,516 | $572,967 |
| May 31, 2023 | 990 | $1,010,020 | $862,660 | $147,360 | $655,151 | $33,735 | $621,416 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $26,770
- Program service revenue
- $1,148,732
- Investment income
- $2,513
- Net income from fundraising events
- $103,486
- Other revenue
- $103,486
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $908,219
- Salaries, compensation and benefits (total)
- $983,279
- Professional fundraising fees
- $0
- Legal fees
- $9,714
- Occupancy
- $115,000
- Program services (functional)
- $1,172,532
- Management and general (functional)
- $22,379
Balance sheet and other
- Total assets, start of year
- $630,483
- Total assets, end of year
- $844,810
- Total liabilities, end of year
- $185,253
- Net assets, end of year
- $659,557
- Net assets without donor restrictions
- $659,557
- Gross receipts
- $1,321,072
- Employees
- 21
- Volunteers
- 80
- Year formed
- 2014
- State of legal domicile
- FL
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CADIA PARKS | Head of School Trustee or director | 40 | $0 |
| LUCAS WEMPLE | Director Trustee or director | 0 | $0 |
| KEVIN PEDERSON | Director Trustee or director | 0 | $0 |
| EMILY LOVEALL | President & CEO Trustee or director | 0 | $0 |
| ESTEE HENTGES | Teacher Trustee or director | 0 | $0 |
| AMY MAURILLO | Vice President Officer | 0 | $0 |
| KYLE CHRISTIANSON | Treasurer Officer | 0 | $0 |
| CHRIS PAUL | Secretary Officer | 0 | $0 |
990 for the year ended May 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CADIA PARKS | Head of School Trustee or director | 40 | $68,250 |
| RYAN POTTER | Director Trustee or director | 0 | $0 |
| KEVIN PEDERSON | Director Trustee or director | 0 | $0 |
| CHRIS PAUL | Director Trustee or director | 0 | $0 |
| EMILY LOVEALL | Director Trustee or director | 0 | $0 |
| ESTEE HENTGES | Teacher Trustee or director | 0 | $0 |
| AMY MAURILLO | Vice President Officer | 0 | $0 |
| WILLIAM RAYMOND | Secretary Officer | 0 | $0 |
| KYLE CHRISTIANSON | Treasurer Officer | 0 | $0 |
| MATT LOVEALL | President Officer | 0 | $0 |
990 for the year ended May 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CADIA PARKS | HEAD OF SCHOOL Officer | 40 | $58,771 |
| MATTHEW LOVEALL | President Trustee or director | 0 | $0 |
| AMY MAURIELLO | Vice President Trustee or director | 0 | $0 |
| WILLIAM RAYMOND | Secretary Trustee or director | 0 | $0 |
| RYAN POTTER | Treasurer Trustee or director | 0 | $0 |
| RICHARD WILLETT | Director Trustee or director | 0 | $0 |
| EMILY LOVEALL | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3971 VIA DEL REY, BONITA SPGS, FL 34134-7514
- Mailing address (990-N for 2014)
- PO Box 1012, Bonita Springs FL 34133
- Principal officer (990-N for 2014)
- Scott Duval, PO Box 1012, Bonita Springs FL 34133
- Signed the 990
- EMILY LOVEALL, President
- Phone
- (239) 247-2479
- Return prepared by
- Cindy Bombard CPA PA
Mission
GRACE CLASSICAL ACADEMY EXISTS TO GLORIFY GOD BY CULTIVATING TRUTH, GOODNESS, AND BEAUTY THROUGH CHRIST-CENTERED CLASSICAL EDUCTAION, EQUPPING STUDENTS TO BLESS THOSE AROUND THEM.
Program accomplishments
- IN THE 2024-2025 SCHOOL YEAR WE STARTED WITH 126 FULL TIME STUDENTS AND ENDED WITH 126. STUDENTS WERE INSTRUCTED BY 15 TEACHERS AND 6 ADMINISTRATION POSITION.Expenses $1,172,532
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 46-5621765
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $844,810
- Income (IRS master file)
- $1,321,072
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $1,281,501 | $1,194,911 | $844,810 | XML |
| 990 | May 2024 | $1,145,611 | $1,120,408 | $630,483 | XML |
| 990 | May 2023 | $1,010,020 | $862,660 | $655,151 | XML |
| 990 | May 2022 | $889,912 | $723,631 | $485,804 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: Scott Duval | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 46-5621765).
Questions about GRACE CLASSICAL ACADEMY INC
- What is the EIN of GRACE CLASSICAL ACADEMY INC?
- The employer identification number (EIN) of GRACE CLASSICAL ACADEMY INC is 46-5621765.
- Is GRACE CLASSICAL ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to GRACE CLASSICAL ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRACE CLASSICAL ACADEMY 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 GRACE CLASSICAL ACADEMY INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRACE CLASSICAL ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of GRACE CLASSICAL ACADEMY INC?
- The 990-N for 2014 names Scott Duval.
- Who are the officers and directors of GRACE CLASSICAL ACADEMY INC?
- The 990 for the year ended May 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does GRACE CLASSICAL ACADEMY INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $1,281,501, expenses of $1,194,911 and total assets of $844,810 at year end.
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