GRACE ACADEMY OF KERRVILLE

EIN: 273132898 501(c)(3) Education

KERRVILLE, TX

Total Revenue
$210,073
Total Expenses
$190,852
Total Assets
$213,381
Net Assets
$213,381
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TX
Principal Officer
DITE STEINRUCK
Phone
8304591165
Tax Period
2024-07-01 to 2025-06-30

GRACE ACADEMY OF KERRVILLE, founded in 2010, is a small nonprofit in the Education sector that reported $210K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $191K left a modest 9% surplus.

Mission

IN AN ACADEMIC SETTING, WE EXIST AS PARENTS UNITED IN GODS LOVE TO ACTIVELY PARTICIPATE IN INSTRUCTING OUR CHILDREN IN THE KNOWLEDGE OF JESUS AND GOD'S WISDOM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $37,584
Program Service Revenue $142,051
Investment Income $9,069
Other Revenue $21,369
TOTAL REVENUE $210,073

Expense Breakdown

Grants Paid $0
Salaries & Benefits $116,469
Fundraising Expenses $0
Program Expenses $182,701
Other Expenses $63,533
TOTAL EXPENSES $190,852

Year-over-Year Comparison

2024 2023 Change
Revenue $210,073 $229,025 -0.1%
Expenses $190,852 $208,550 -0.1%
Net Income $19,221 $20,475 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
9
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZACH BELEW DIRECTOR N/A
Director
$0 $0 $0
DANIEL BRYANT DIRECTOR N/A
Director
$0 $0 $0
JIMMY CARPENTER SECRETARY/TR N/A
Director
$0 $0 $0
SCOTT CARPENTER DIRECTOR N/A
Director
$0 $0 $0
JOHN LETZ DIRECTOR N/A
Director
$0 $0 $0
JOEL MALM DIRECTOR N/A
Director
$0 $0 $0
TITUS SMITH DIRECTOR N/A
Director
$0 $0 $0
DITE STEINRUCK PRESIDENT N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $210,073 $190,852 $213,381 $19,221
2024 $229,025 $208,550 $194,160 $20,475
2023 $320,851 $202,675 $184,661 $118,176
2022 $174,874 $154,885 $68,016 $19,989
2021 $107,768 $97,130 $41,493 $10,638
2020 $146,496 $197,757 $28,770 $-51,261
2019 $250,117 $259,174 $54,567 $-9,057
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