AMAZING GRACE VIRTUAL ACADEMY (EIN 461419809) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

James Grunwald

Phone

5072171574

Tax Period

2023-07-01 to 2024-06-30

AMAZING GRACE VIRTUAL ACADEMY, founded in 2012, is a small nonprofit in the Education sector that reported $266K in total revenue in fiscal year 2023.

Mission

Provide online courses that Christian schools can use to expand the course offerings available to students. Provide a complete high school curriculum leading to a high school diploma.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,803

Program Service Revenue $251,783

Investment Income $11,968

Other Revenue $0

TOTAL REVENUE $265,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,935

Fundraising Expenses $0

Program Expenses $158,506

Other Expenses $181,534

TOTAL EXPENSES $262,469

Year-over-Year Comparison

	2023	2022	Change
Revenue	$265,554	$267,846	0.0%
Expenses	$262,469	$226,161	+0.2%
Net Income	$3,085	$41,685	-0.9%

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

Governance

Voting Members

Independent Members

Employees

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

$75,832

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Grunwald	Executive Director	25	Officer	$39,863	$0	$39,863
David Rust	Superintendent/Principal	20	Officer	$33,705	$2,264	$35,969
Scott Sievert	Board of Directors Vice-Chairman	0.5	Officer Director	$0	$0	$0
Paul Patterson	Board of Directors Secretary	0.5	Officer Director	$0	$0	$0
Peter Baganz	Board of Directors Treasurer	0.5	Officer Director	$0	$0	$0
Gregory Bork	Board of Directors member	0.5	Director	$0	$0	$0
Kurt Gosdeck	Board of Directors member	0.5	Officer Director	$0	$0	$0
Evan Kolander	Board of Directors member	0.5	Director	$0	$0	$0
Bradley Nehls	Board of Directors member	0.5	Director	$0	$0	$0
Daniel Nolte	Board of Directors member	0.5	Director	$0	$0	$0
Joshua Schoeneck	Board of Directors Chairman	1	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	No data	No data	No data	No data
2024	$265,554	$262,469	$292,953	$3,085
2023	$267,846	$226,161	$272,392	$41,685

AMAZING GRACE VIRTUAL ACADEMY