Grace Christian Academy
Legal name: Grace Christian Academy of Kings Mtn
Nonprofit profile at a glance
- EIN
- 260258948
- IRS 990 coverage
- 2015–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Kings Mountain, NC, USA
- Phone
- 704-734-0509
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,046,689
- Expenses
- $991,682
- Assets
- $271,701
- Liabilities
- $166,145
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- MIKE CHAMBERS (EXECUTIVE DIRECTOR)
Highest reported compensation
- STEPHANIE CHAMBERS (ADMINISTRATIVE DIRECTOR): $50,695 total reported compensation
- ANGELA HARGETT (PRINCIPAL): $43,228 total reported compensation
- WENDY MORGAN (DIRECTOR): $36,079 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
School Mission Statement The mission of Grace Christian Academy is to provide academic excellence within a caring, Christian environment, developing tomorrow’s leaders with a distinctly biblical worldview. Christian Education at Grace Christian Academy. The mission of Grace Christian Academy is to provide academic excellence within a caring, Christian environment, developing tomorrow’s leaders with a distinctly biblical worldview. Christian Education at Grace Christian Academy At Grace Christian Academy, we believe God has called us to partake in the development and maturation of the body of Christ through our students, their families, our faculty, and our community. As a body, we seek to partner on every level with our community to build and operate a functional Christian educational program that has at its core the declaration of the Gospel of Jesus Christ, and the mission to...
What it reported doing in 2024
Providing teachers, classroom supplies and extracurrilum activities for the education of the students.
Operating model
- Revenue model
- Membership-supported. 95% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.5%; rating input score 84
- Program expense ratio: 89.2%; rating input score 89
- Fundraising efficiency: $522.82 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 5.3%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.61; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 15%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 9.4% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 8.4% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 25.9% per year; rating input score 100; 88th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site
- Where the money goes: 84.5% of revenue deployed · 89.2% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $884K in reported program spending
- Leadership: top reported pay $51K · 8 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 4 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Review — Sustainability: Operating margin scored 51/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.