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Nonprofit · EIN 76-0690847

GRACE SCHOOL OF THEOLOGY

Tax-exempt · THE WOODLANDS, TX 77384

Financials

$6M$6M2022$6.6M$6.5M2023$4.3M$5M2024
Revenue Expenses · by fiscal year end
Financials of GRACE SCHOOL OF THEOLOGY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,293,506$4,957,146-$663,640$1,616,909$1,651,648-$34,739
June 30, 2024990$6,555,458$6,524,204$31,254$1,969,787$890,886$1,078,901
June 30, 2023990$6,018,542$5,964,688$53,854$2,439,036$1,391,389$1,047,647
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,460,884
Program service revenue
$827,135
Investment income
-$4,873
Net gain from sales of assets
-$4,873
Other revenue
$10,360

Expenses

Grants and similar amounts paid
$457,124
Compensation of officers, directors and key employees
$288,498
Other salaries and wages
$2,453,195
Salaries, compensation and benefits (total)
$3,113,419
Professional fundraising fees
$0
Accounting fees
$17,000
Occupancy
$300,571
Travel
$186,612
Depreciation
$80,290
Program services (functional)
$3,923,983
Management and general (functional)
$667,591
Fundraising (functional)
$365,572

Balance sheet and other

Total assets, start of year
$1,969,787
Total assets, end of year
$1,616,909
Total liabilities, end of year
$1,651,648
Net assets, end of year
-$34,739
Land, buildings and equipment
$93,420
Net assets without donor restrictions
-$34,739
Gross receipts
$4,298,379
Employees
62
Volunteers
35
Year formed
2001
State of legal domicile
TX

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
DAVID ANDERSONTRUSTEE/PRESIDENT/CEO
Trustee or director, Officer
40$207,546
FRED CHAYMANAGER
Highest-paid employee
40$178,884
CLINT DIXONSR. OPERATIONS DIRECTOR
Officer
40$42,290
ROBERT KINGCOO
Officer
40$38,662
MARK ALBERSVICE CHAIR/TREASURER
Trustee or director
1$0
VICTOR CARDENASTRUSTEE
Trustee or director
1$0
TIM DUNNTRUSTEE
Trustee or director
1$0
CAROLINE FIFETRUSTEE
Trustee or director
1$0
TRACY MARSHALLTRUSTEE
Trustee or director
1$0
SCOTT MCEWENCHAIR
Trustee or director
1$0
DAVID NICHOLSTRUSTEE
Trustee or director
1$0
DIAN SUSTEKTRUSTEE
Trustee or director
1$0
ROBERT TEBOWTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 13 people
NameTitleHours / weekCompensationOther / benefits
DAVE ANDERSONTRUSTEE/PRES
Trustee or director, Officer
40$196,060$66,744
FRED CHAYMANAGER
Highest-paid employee
40$137,559$0
CLINT DIXONSR. DIR.- OP
Officer
40$28,374$29,000
MARK ALBERSVICE CHAIR/T
Trustee or director, Officer
1$0$0
VICTOR CARDENASTRUSTEE
Trustee or director
1$0$0
TIM DUNNTRUSTEE
Trustee or director
1$0$0
CAROLINE FIFETRUSTEE
Trustee or director
1$0$0
TRACY MARSHALLTRUSTEE
Trustee or director
1$0$0
SCOTT MCEWENCHAIR
Trustee or director, Officer
1$0$0
DAVID NICHOLSTRUSTEE
Trustee or director
1$0$0
DIAN SUSTEKTRUSTEE
Trustee or director
1$0$0
ROBERT TEBOWTRUSTEE
Trustee or director
1$0$0
ROBERT KINGCOO AS OF 20
Officer
40$0$0
990 for the year ended June 30, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVE ANDERSONTRUSTEE/PRES
Trustee or director, Officer
40$179,971$0$66,744
FRED CHAYMANAGER
Highest-paid employee
40$125,835$0$27,000
DANIEL LABRYFORMER VP
Highest-paid employee
40$112,964$3,900$0
CLINT DIXONSR. DIR.- OP
Officer
40$26,341$0$29,000
MARK ALBERSVICE CHAIR/T
Trustee or director, Officer
1$0$0$0
VICTOR CARDENASTRUSTEE
Trustee or director
1$0$0$0
TIM DUNNTRUSTEE
Trustee or director
1$0$0$0
CAROLINE FIFETRUSTEE
Trustee or director
–$0$0$0
TRACY MARSHALLTRUSTEE
Trustee or director
1$0$0$0
SCOTT MCEWENCHAIR
Trustee or director, Officer
1$0$0$0
DAVID NICHOLSTRUSTEE
Trustee or director
1$0$0$0
DIAN SUSTEKTRUSTEE
Trustee or director
1$0$0$0
ROBERT TEBOWTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
3705 COLLEGE PARK DR STE 140, THE WOODLANDS, TX 77384-4894
Principal officer (990 for 2024)
ROBERT KING, 3705 COLLEGE PARK DR STE 140, THE WOODLANDS, TX 773844894
Signed the 990
ROBERT KING, COO
Phone
(877) 476-8674
Return prepared by
PEARCE BEVILL LEESBURG MOORE PC

Mission

TO DEVELOP SPIRITUAL LEADERS IN EVERY NATION WHO CAN TEACH OTHERS ABOUT THE LOVE OF CHRIST, A LOVE THAT CANNOT BE EARNED AND CANNOT BE LOST.

990 for the year ended June 30, 2025

Program accomplishments

  • EDUCATION (CHRISTIAN):WE OFFER SEVERAL DIFFERENT PROGRAMS IN BIBLE THEOLOGY AND CHRISTIAN MINISTRY; ATTENDED BY APPROXIMATELY 830 STUDENTS IN THE U.S. AND INTERNATIONALLY.WE OFFER UNDERGRADUATE, GRADUATE, AND DOCTORAL DEGREE PROGRAMS AND CERTIFICATE PROGRAMS INCLUDING COURSES AND/OR CONCENTRATION IN BIBLE EXPOSITION, THEOLOGY, AND CHRISTIAN MINISTRY SKILLS.
    Expenses $3,923,983 · grants $457,124 · revenue $827,135

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
76-0690847
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
2002
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B50)
Assets (IRS master file)
$1,616,909
Income (IRS master file)
$4,298,379

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,293,506$4,957,146$1,616,909IRS
990June 2024$6,555,458$6,524,204$1,969,787XML
990June 2023$6,018,542$5,964,688$2,439,036XML
990June 2022$6,167,472$6,097,103$1,962,026IRS
990June 2021–––IRS
990June 2020–––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 76-0690847).

Questions about GRACE SCHOOL OF THEOLOGY

What is the EIN of GRACE SCHOOL OF THEOLOGY?
The employer identification number (EIN) of GRACE SCHOOL OF THEOLOGY is 76-0690847.
Is GRACE SCHOOL OF THEOLOGY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to GRACE SCHOOL OF THEOLOGY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GRACE SCHOOL OF THEOLOGY 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 SCHOOL OF THEOLOGY 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 GRACE SCHOOL OF THEOLOGY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of GRACE SCHOOL OF THEOLOGY?
The 990 for the year ended June 30, 2025 names ROBERT KING.
Who are the officers and directors of GRACE SCHOOL OF THEOLOGY?
The 990 for the year ended June 30, 2025 lists 13 people; 4 received compensation from the organization, the highest $207,546 (DAVID ANDERSON, TRUSTEE/PRESIDENT/CEO).
How much revenue does GRACE SCHOOL OF THEOLOGY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,293,506, expenses of $4,957,146 and total assets of $1,616,909 at year end.

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