Nonprofit · EIN 56-1920605
GREATER RALEIGH AREA CHRISTIAN EDUCATION INC
Tax-exempt · RALEIGH, NC 27606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $29,292,685 | $13,461,603 | $15,831,082 | $47,582,441 | $17,812,663 | $29,769,778 |
| May 31, 2024 | 990 | $16,484,685 | $12,989,704 | $3,494,981 | $31,723,009 | $17,782,983 | $13,940,026 |
| May 31, 2023 | 990 | $11,264,287 | $10,764,726 | $499,561 | $26,546,926 | $16,065,519 | $10,481,407 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $3,158,263
- Program service revenue
- $12,838,048
- Investment income
- $12,993,741
- Net rental income
- $110,050
- Net gain from sales of assets
- $12,694,354
- Net income from fundraising events
- $115,312
- Other revenue
- $302,633
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $344,676
- Other salaries and wages
- $6,675,165
- Salaries, compensation and benefits (total)
- $8,917,890
- Professional fundraising fees
- $75,500
- Legal fees
- $31,153
- Accounting fees
- $27,465
- Occupancy
- $459,024
- Travel
- $17,591
- Depreciation
- $510,700
- Program services (functional)
- $11,214,430
- Management and general (functional)
- $1,648,395
- Fundraising (functional)
- $598,778
Balance sheet and other
- Total assets, start of year
- $31,723,009
- Total assets, end of year
- $47,582,441
- Total liabilities, end of year
- $17,812,663
- Net assets, end of year
- $29,769,778
- Land, buildings and equipment
- $14,655,082
- Publicly traded securities
- $573,614
- Net assets without donor restrictions
- $27,140,451
- Net assets with donor restrictions
- $2,629,327
- Gross receipts
- $34,189,980
- Employees
- 188
- Volunteers
- 200
- Year formed
- 1994
- State of legal domicile
- NC
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 | Other / benefits |
|---|---|---|---|---|
| ERIC BRADLEY | HEAD OF SCHOOL Officer | 40 | $198,218 | $13,824 |
| JENNIFER STACK | CFO Officer | 40 | $120,891 | $4,696 |
| MOSS WITHERS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| STACY WHEELER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CHASE TEW | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RYAN ARMSTRONG | MEMBER Trustee or director | 1 | $0 | $0 |
| MATT GREEN | MEMBER Trustee or director | 1 | $0 | $0 |
| RENEE DRUMGO | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK HENSLEY | MEMBER Trustee or director | 1 | $0 | $0 |
| JACKIE OBUSEK | MEMBER Trustee or director | 1 | $0 | $0 |
| KATIE MCMILLAN | MEMBER Trustee or director | 1 | $0 | $0 |
| NICK MURPHY | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended May 31, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ERIC BRADLEY | HEAD OF SCHOOL Officer | 40 | $190,007 | $10,838 |
| JENNIFER STACK | CFO Officer | 40 | $114,425 | $10,169 |
| MOSS WITHERS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| STACY WHEELER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CHASE TEW | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RYAN ARMSTRONG | MEMBER Trustee or director | 1 | $0 | $0 |
| JOHNSON BORU | MEMBER Trustee or director | 1 | $0 | $0 |
| RENEE DRUMGO | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK HENSLEY | MEMBER Trustee or director | 1 | $0 | $0 |
| JACKIE OBUSEK | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended May 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ERIC BRADLEY | HEAD OF SCHOOL Officer | 40 | $181,002 | $8,340 |
| JENNIFER STACK | CFO Officer | 40 | $87,731 | $6,950 |
| MOSS WITHERS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| STACY WHEELER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CHASE TEW | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RYAN ARMSTRONG | MEMBER Trustee or director | 1 | $0 | $0 |
| JOHNSON BORU | MEMBER Trustee or director | 1 | $0 | $0 |
| RENEE DRUMGO | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK HENSLEY | MEMBER Trustee or director | 1 | $0 | $0 |
| JACKIE OBUSEK | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 BUCK JONES RD, RALEIGH, NC 27606-3324
- In care of
- % GREATER RALEIGH AREA CHRISTIAN ED
- Principal officer (990 for 2024)
- ERIC BRADLEY, 1101 BUCK JONES ROAD, RALEIGH, NC 27606
- Signed the 990
- Eric Bradley, HEAD OF SCHOOL
- Phone
- (919) 747-2020
- Website
- www.gracechristian.net
- Return prepared by
- Stancil PC
Mission
GRACE CHRISTIAN SCHOOL IS A LOVING COMMUNITY THAT SPIRITUALLY AND ACADEMICALLY EQUIPS, CHALLENGES, AND INSPIRES STUDENTS TO IMPACT THEIR WORLD FOR CHRIST.
Program accomplishments
- THE PRINCIPAL PROGRAM SERVICE IS TO PROVIDE RELIGIOUS-BASED EDUCATION FOR THE GREATER RALEIGH AREA. THE SCHOOL PROVIDED EDUCATIONAL SERVICES TO 909 STUDENTS DURING THE 2024-2025 SCHOOL YEAR.Expenses $11,214,430 · revenue $12,915,319
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
- 56-1920605
- 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
- 1996
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20Z)
- Assets (IRS master file)
- $47,582,441
- Income (IRS master file)
- $34,189,980
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $29,292,685 | $13,461,603 | $47,582,441 | XML |
| 990 | May 2024 | $16,484,685 | $12,989,704 | $31,723,009 | XML |
| 990 | May 2023 | $11,264,287 | $10,764,726 | $26,546,926 | XML |
| 990 | May 2022 | $9,849,969 | $9,267,040 | $20,214,486 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 56-1920605).
Questions about GREATER RALEIGH AREA CHRISTIAN EDUCATION INC
- What is the EIN of GREATER RALEIGH AREA CHRISTIAN EDUCATION INC?
- The employer identification number (EIN) of GREATER RALEIGH AREA CHRISTIAN EDUCATION INC is 56-1920605.
- Is GREATER RALEIGH AREA CHRISTIAN EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to GREATER RALEIGH AREA CHRISTIAN EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREATER RALEIGH AREA CHRISTIAN EDUCATION 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 GREATER RALEIGH AREA CHRISTIAN EDUCATION 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 GREATER RALEIGH AREA CHRISTIAN EDUCATION 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 GREATER RALEIGH AREA CHRISTIAN EDUCATION INC?
- The 990 for the year ended May 31, 2025 names ERIC BRADLEY.
- Who are the officers and directors of GREATER RALEIGH AREA CHRISTIAN EDUCATION INC?
- The 990 for the year ended May 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $198,218 (ERIC BRADLEY, HEAD OF SCHOOL).
- How much revenue does GREATER RALEIGH AREA CHRISTIAN EDUCATION INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $29,292,685, expenses of $13,461,603 and total assets of $47,582,441 at year end.
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