GEORGETOWN, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GRACE ACADEMY OF GEORGETOWN, founded in 1998, is a community nonprofit in the Education sector that reported $4.4M in total revenue in fiscal year 2023. The organization ran a surplus of $891K, a strong 20% operating margin.
ELEMENTARY AND SECONDARY EDUCATION GRADES K-12. GRACE ACADEMY OFFERS LIBERAL ARTS EDUCATION IN THE HISTORIC CLASSICAL CHRISTIAN FORMAT FOCUSING ON GRAMMAR, LOGIC, AND RHETORIC IN EACH SUBJECT AREA.
ELEMENTARY/SECONDARY EDUCATION GRADES K-12, INCLUDING CLASSROOM INSTRUCTION, INTERCOLLEGIATE ATHLETICS AND EXTRA-CURRICULAR ACTIVITIES. THE CORE ACADEMIC MISSION OF THE SCHOOL IS THE PURSUIT OF...
ELEMENTARY/SECONDARY EDUCATION GRADES K-12, INCLUDING CLASSROOM INSTRUCTION, INTERCOLLEGIATE ATHLETICS AND EXTRA-CURRICULAR ACTIVITIES. THE CORE ACADEMIC MISSION OF THE SCHOOL IS THE PURSUIT OF LIBERAL ARTS EDUCATION IN THE SCHOOL OF GRAMMAR (K-5), A SCHOOL OF LOGIC (6-8), AND A SCHOOL OF RHETORIC (9-12). THE SCHOOL IS CLASSICAL IN BOTH ITS CURRICULUM (INCLUDING LATIN, FORMAL AND INFORMAL LOGIC, AND RHETORIC) AND METHODOLOGY (EMPHASIZING THE CLASSICAL TRIVIUM TOOLS OF LEARNING IN THE APPLICATION OF EVERY SUBJECT).
FINANCIAL ASSISTANCE-THE SCHOOL SEEKS TO SUPPORT ITS OTHER PRIMARY PROGRAM SERVICES THROUGH NEED-BASED FINANCIAL ASSISTANCE TO FAMILIES. NEED IS DETERMINED USING THE ASSISTANCE OF AN OUTSIDE...
FINANCIAL ASSISTANCE-THE SCHOOL SEEKS TO SUPPORT ITS OTHER PRIMARY PROGRAM SERVICES THROUGH NEED-BASED FINANCIAL ASSISTANCE TO FAMILIES. NEED IS DETERMINED USING THE ASSISTANCE OF AN OUTSIDE FINANCIAL AID ASSESSMENT COMPANY AND THEIR WIDELY-USED METHODOLOGY FOR ASSESSING FINANCIAL NEED. A FINANCIAL AID COMMITTEE REVIEWS THE ASSESSMENT FROM THE OUTSIDE COMPANY AND MAKES FINANCIAL AID AWARDS. THE COMMITTEE IS COMPRISED OF INDEPENDENT MEMBERS OF THE SCHOOL COMMUNITY WHO SERVE ON A MULTI-YEAR VOLUNTEER BASIS. COMMITTEE MEMBERS ARE INDEPENDENT OF THE FINANCIAL AID AWARDING PROCESS, BEING INELIGIBLE TO RECEIVE FINANCIAL ASSISTANCE WHILE SERVING ON THE COMMITTEE. COMMITTEE MEMBERS REMAIN UNBIASED IN THEIR ASSESSMENT AND DECISION-MAKING PROCESSES AS ALL DOCUMENTS REVIEWED BY THE COMMITTEE HAVE IDENTIFYING INFORMATION REMOVED FROM THE FILES (E.G. NAMES, ADDRESSES, ETHNICITY, ETC.) THE COMMITTEE FUNCTIONS UNDER THE SCHOOL'S POLICY PROHIBITING UNLAWFUL DISCRIMINATION IN THE FINANCIAL AID AWARDING PROCESS. THE AMOUNT OF ASSISTANCE GIVEN IN THE CURRENT YEAR WAS 428,256. IT IS INCLUDED IN DISCOUNTS AND SCHOLARSHIPS ON PAGE 9, PART VIII, LINE 2A.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,371,026 | $4,130,730 | +0.1% |
| Expenses | $3,479,626 | $3,057,285 | +0.1% |
| Net Income | $891,400 | $1,073,445 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DOUGLAS NOBLE | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| HEATHER BURNSIDE | VICE CHAIR/S | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAYME BATES | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| BARRY LAING | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| COLIN MCGAHEY | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| DR MARK GEYER | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PRISCILLA OBERLE | PAST SECRETA | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL BRENT STEVENS | HEAD OF SCHO | 40.00 |
Officer
|
$130,000 | $33,010 | $163,010 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $4,371,026 | $3,479,626 | $9,723,889 | $891,400 |
| 2023 | $4,130,730 | $3,057,285 | $8,293,938 | $1,073,445 |
| 2022 | $3,840,705 | $2,837,947 | $6,733,319 | $1,002,758 |
| 2021 | $3,368,181 | $2,391,344 | $5,359,233 | $976,837 |
| 2020 | $2,141,863 | $2,091,524 | $4,096,531 | $50,339 |
| 2019 | $2,252,888 | $2,065,729 | $3,927,901 | $187,159 |
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