2025-12-11T15:28:34-06:00 2025-05-31 561131459 Stancil PC 4909 Windy Hill Drive Raleigh NC 27609 990 2024-06-01 561920605 GREATER RALEIGH AREA CHRISTIAN EDUCATION INC GREA 9197472020 1101 BUCK JONES ROAD RALEIGH NC 27606 Eric Bradley HEAD OF SCHOOL 9197472020 2025-12-11 1 0 Nicholas Lombardi Jr P00741321 9198721260 2025-12-11 2024 2025-03-06 01:10:19Z ERIC BRADLEY 1101 BUCK JONES ROAD RALEIGH NC 27606 34189980 0 X www.gracechristian.net X 1994 NC GRACE CHRISTIAN SCHOOL IS A LOVING COMMUNITY THAT SPIRITUALLY AND ACADEMICALLY EQUIPS, CHALLENGES, AND INSPIRES STUDENTS TO IMPACT THEIR WORLD FOR CHRIST. 9 9 188 200 0 0 4987183 3158263 11543265 12838048 -253454 12993741 207691 302633 16484685 29292685 0 0 0 0 8584731 8917890 67500 75500 598778 4337473 4468213 12989704 13461603 3494981 15831082 31723009 47582441 17782983 17812663 13940026 29769778 GRACE CHRISTIAN SCHOOL IS A LOVING COMMUNITY THAT SPIRITUALLY AND ACADEMICALLY EQUIPS, CHALLENGES, AND INSPIRES STUDENTS TO IMPACT THEIR WORLD FOR CHRIST. 0 0 11214430 12915319 THE PRINCIPAL PROGRAM SERVICE IS TO PROVIDE RELIGIOUS-BASED EDUCATION FOR THE GREATER RALEIGH AREA. THE SCHOOL PROVIDED EDUCATIONAL SERVICES TO 909 STUDENTS DURING THE 2024-2025 SCHOOL YEAR. 11214430 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 24 0 1 188 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 X JENNIFER STACK 9192306618 1101 BUCK JONES ROAD RALEIGH NC 27606 MOSS WITHERS CHAIRMAN 1.00 X X 0 0 0 STACY WHEELER TREASURER 1.00 X X 0 0 0 CHASE TEW VICE-CHAIR 1.00 X X 0 0 0 RYAN ARMSTRONG MEMBER 1.00 X 0 0 0 MATT GREEN MEMBER 1.00 X 0 0 0 RENEE DRUMGO MEMBER 1.00 X 0 0 0 MARK HENSLEY MEMBER 1.00 X 0 0 0 JACKIE OBUSEK MEMBER 1.00 X 0 0 0 KATIE MCMILLAN MEMBER 1.00 X 0 0 0 NICK MURPHY MEMBER 1.00 X 0 0 0 ERIC BRADLEY HEAD OF SCHOOL 40.00 X 198218 0 13824 JENNIFER STACK CFO 40.00 X 120891 0 4696 319109 0 18520 2 0 1 0 0 159269 2998994 130491 3158263 TUITION 611710 11397281 11397281 LUNCH PROGRAM 611710 338818 338818 AFTER CARE 611710 188277 188277 FIELD TRIPS 611710 181493 181493 LEAP TUTORING 611710 172604 172604 559575 559575 12838048 299387 299387 110050 0 110050 110050 110050 47691 17500000 19494 4833843 28197 12666157 12694354 12694354 159270 159269 43958 115312 115312 MISCELLANEOUS 611710 77271 77271 77271 29292685 12915319 0 13219103 344676 296941 35237 12498 6675165 5750700 682420 242045 62564 53899 6396 2269 1302867 1122428 133196 47243 532618 458854 54451 19313 31153 31153 27465 27465 75500 75500 3432 3432 715337 197665 453845 63827 58430 52457 5973 401267 285480 115787 127271 114260 13011 459024 436758 22266 17591 17591 580417 580417 510700 458490 52210 113009 101456 11553 ATHLETICS 369299 369299 LUNCH 249135 249135 MISCELLANEOUS 190968 190968 FIELD TRIPS 165528 165528 448187 312104 136083 13461603 11214430 1648395 598778 370224 182938 7017835 21716158 2079263 2842848 64159 40962 123985 428238 19164761 4509679 19911350 14655082 538359 573614 231869 223288 1385965 6919313 31723009 47582441 1440657 1707106 1509251 1038202 12760684 12530638 2072391 2536717 17782983 17812663 X 11465562 27140451 2474464 2629327 13940026 29769778 31723009 47582441 15831082 -29981 28651 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4434249 15351789 37602 19823640 432887 3957795 43567 4434249 438858 -5971 432887 500615 -38958 22799 438858 123300 346590 30725 500615 0.99155 0.00608 0.00237 0 0 9332835 9332835 2825362 633895 2191467 4293636 1356317 2937319 2712928 2519467 193461 14655082 CONSTRUCTION IN PROGRESS 4384100 RIGHT OF USE ASSET - OPERATING LEASES 2455295 RIGHT OF USE ASSET - FINANCE LEASES 79918 6919313 OPERATING LEASE LIABILITIES 2455295 FINANCE LEASE LIABILITIES 81422 2536717 X 29331881 -29981 28651 -3432 -4762 29336643 -43958 -43958 29292685 13502129 43958 43958 13458171 3432 3432 13461603 Part V, Line 4: THE INTENDED USE OF THE FUND IS TO PAY FOR THE EDUCATION OF STUDENTS THAT CANNOT AFFORD TUITION ON THEIR OWN. Part X, Line 2: THE SCHOOL IS A NOT-FOR-PROFIT SCHOOL THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(A)(VI). Part XI, Line 2d - Other Adjustments: INVESTMENT FEES -3,432. Part XI, Line 4b - Other Adjustments: Fundraising expenses included in revenue -43,958. Part XII, Line 2d - Other Adjustments: Fundraising expenses included in revenue 43,958. Part XII, Line 4b - Other Adjustments: INVESTMENT FEES 3,432. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 PRINTED ON APPLICATION X X X X X 1 Armstrong McGuire 800 Park Offices Dr Research Triangle Park NC 27709 Capital Campaign 0 3215162 75500 3139662 3215162 75500 3139662 CELEBRATE GRACE 318539 159269 159270 614 16894 73 5625 20752 318539 159269 159270 614 16894 73 5625 20752 43958 115312 X X X 0 0 0 0 0 0 0 0 0 ERIC BRADLEY HEAD OF SCHOOL 187218 0 11000 0 0 0 3744 0 10080 0 212042 0 0 0 Part I, Line 3 The Board Governance Committee works with HR to determine the Head of School's compensation. X 8 130491 0 0 0 Form 990, Part VI, Section B, line 11b Reviewed by the Finance Committee before filing. Form 990, Part VI, Section B, line 15a Pay for the Head of School is determined by the board of trustees and voted on by this volunteer board. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the association's members upon request. Form 990, Part XII, Line 2c Audit committee - there have been no changes since the prior year.