GRACE CHRISTIAN PRESCHOOL OF CARROLLTON

EIN: 453322845 501(c)(3) Education

Hickory Creek, TX

Total Revenue
$586,655
Total Expenses
$585,995
Total Assets
$37,178
Net Assets
$37,178
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Principal Officer
SUSAN STEPHENS
Phone
2144024700
Tax Period
2024-01-01 to 2024-12-31

GRACE CHRISTIAN PRESCHOOL OF CARROLLTON, founded in 2011, is a small nonprofit in the Education sector that reported $587K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

GRACE CHRISTIAN PRESCHOOL IS AN EDUCATIONAL ORGANIZATION WITH A SET CURRICULUM AIMED AT PROVIDING PARENTS WITH THE PEACE OF MIND THAT THEIR CHILD IS RECEIVING MORE THAN A RUDIMENTARY DAYCARE EXPERIENC

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,875
Program Service Revenue $579,780
Investment Income $0
Other Revenue $0
TOTAL REVENUE $586,655

Expense Breakdown

Grants Paid $0
Salaries & Benefits $469,257
Fundraising Expenses $0
Other Expenses $116,738
TOTAL EXPENSES $585,995

Year-over-Year Comparison

2024 2023 Change
Revenue $586,655 $665,400 -0.1%
Expenses $585,995 $652,872 -0.1%
Net Income $660 $12,528 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
24
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
4
$45,000
Total Directors
0
$0
Key Employees
1
$45,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN STEPHENS TREASURER 40.00
Officer Key Emp
$45,000 $0 $45,000
LUIS PALOMA PRESIDENT 10.00
Officer
$0 $0 $0
STEVE STEPHENS VICE PRESIDENT 3.00
Officer
$0 $0 $0
VINCENT GONZALEZ SECRETARY 1.00
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
2024 $586,655 $585,995 $37,178 $660
2023 $665,400 $652,872 $63,885 $12,528
2022 $537,787 $508,068 $81,442 $29,719
2021 $246,209 $245,284 $7,102 $925
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GRACE CHRISTIAN PRESCHOOL OF CARROLLTON with other nonprofits in Texas and across the country.