GRACE CHRISTIAN ACADEMY FOUNDATION

EIN: 824116378 501(c)(3) Religion

Falls Church, VA

Total Revenue
$174,176
Total Expenses
$167,990
Total Assets
$260,477
Net Assets
$260,477
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
VA
Principal Officer
Bethany Kazakevicius
Phone
7035345517
Tax Period
2024-01-01 to 2024-12-31

Grace Christian Academy Foundation, founded in 2018, is a small nonprofit in the Religion sector that reported $264K in total revenue in fiscal year 2020. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $141K, a strong 53% operating margin.

Mission

The Grace Christian Academy Foundation exists to support, benefit, and assist Grace Christian Academy in its mission to nurture its scholars and reach out to the community with a Bible-based Christian education. Grace Christian Academy serves an extraordinarily diverse student body, reflective of our area of Fairfax County. Many of our students come from families living at or near the federal poverty line. Because GCA does not turn away anyone due to financial hardship, they are willing to provide financial assistance to those in need. The Grace Christian Academy Foundation exists to raise funds for this financial assistance.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $175,770
Program Service Revenue $0
Investment Income $11,247
Other Revenue $-12,841
TOTAL REVENUE $174,176

Expense Breakdown

Grants Paid $153,757
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $153,757
Other Expenses $14,233
TOTAL EXPENSES $167,990

Year-over-Year Comparison

2024 2023 Change
Revenue $174,176 $192,480 -0.1%
Expenses $167,990 $170,473 0.0%
Net Income $6,186 $22,007 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
50

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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Vojta Director 1
Director
$0 $0 $0
Gary Schultz Director 1
Director
$0 $0 $0
James Dankert Director 1
Director
$0 $0 $0
Sara Clow Treasurer/Director 4
Officer Director
$0 $0 $0
Meghan Hanson President 4
Officer
$0 $0 $0
Bethany Kazakevicius Vice President 1
Officer
$0 $0 $0
Whitney DeCamp Secretary 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 $174,176 $167,990 $260,477 $6,186
2023 $192,480 $170,473 $254,291 $22,007
2022 $247,770 $254,158 $232,284 $-6,388
2021 $235,009 $148,710 $238,672 $86,299
2020 $263,807 $123,147 $152,373 $140,660
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