Graceway Chinese-english Christian Academy

Nonprofit profile at a glance

EIN
834658143
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Saint Paul, MN, USA
Phone
6513738443
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness
Affiliation
Christianity

Reported finances

Revenue
$186,423
Expenses
$132,441
Assets
$226,517
Liabilities
$824

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • WENHONG WEBER (PRESIDENT)

People named in this filing

  • WENHONG WEBER (PRESIDENT)
  • HONG FEI (TREASURER)
  • LAURIE RICHTERKESSING (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

School

What it reported doing in 2024

Graceway Chinese-English Christian Academy is a private school that provides a Christian education to students in a dual-language format in Chinese and English

Operating model

Revenue model
Earned-program. 86% of the money available for current operations came from fees and other program revenue.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.9%; rating input score 65
  • Program expense ratio: 94.2%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 29%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.71; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 77.1% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 23.6% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 22.7% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 64.9% of revenue deployed · 94.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $125K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.