Grace Academy Inc
Hagerstown, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $4,121,181↑6% | $4,085,947↑8% | $2,597,289↓1% | — |
| 2023 | $3,892,116↑18% | $3,778,735↑26% | $2,636,370↑6% | — |
| 2022 | $3,289,748↑21% | $3,000,295↑33% | $2,491,648↑11% | — |
| 2021 | $2,722,329↑2% | $2,249,260↓12% | $2,253,058↑10% | — |
| 2020 | $2,674,542↑4% | $2,561,856↓1% | $2,057,161↓5% | — |
| 2019 | $2,560,404↓14% | $2,591,058↓14% | $2,160,342↓2% | — |
| 2018 | $2,968,630↑2% | $3,001,722↑1% | $2,209,611↓10% | — |
| 2017 | $2,907,701↑1% | $2,983,429↑11% | $2,467,846↓2% | — |
| 2016 | $2,875,908↑8% | $2,691,744↑5% | $2,509,174↑3% | — |
| 2015 | $2,656,629↑22% | $2,566,064↑15% | $2,442,595↑4% | — |
| 2014 | $2,185,606 | $2,222,189↓4% | $2,341,146↓1% | — |
| 2013 | $2,174,807↓2% | $2,316,814↓2% | $2,372,686↓2% | — |
| 2012 | $2,224,392 | $2,370,546 | $2,415,851 | — |
Frequently Asked Questions
What does Grace Academy Inc do?▼
Grace Academy Inc is a education nonprofit organization based in Maryland. It is classified under NTEE code B24Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Grace Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Grace Academy Inc has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Grace Academy Inc generate?▼
Grace Academy Inc reports $4.4M in annual revenue and holds $2.6M in total assets, based on IRS filings.