EIN 35-0868095

Grace College & Theological Seminary

IRS 501(c) type
501(c)(3)
Num. employees
1,138
City
Winona Lake
State
Year formed
1948
Most recent tax filings
2023-04-01
Description
A Christian community of higher education with 2 campuses offering 72 majors, a 3-year degree program, and sports programs.
Also known as...
Grace Schools
Total revenues
$65,010,659
2023
Total expenses
$61,412,478
2023
Total assets
$85,935,849
2023
Num. employees
1,138
2023

Program areas at Grace College & Theological Seminary

Instructional programs located on a 180 acre campus with 2 satellite campuses serving approximately 2,000 undergraduate and graduate students in 100+ majors, minors, certificates and graduate programs. Grace offers a 3 year degree program with opportunity to earn a masters degree in the 4th year. Emphasis on a biblical world view and student ownership of personal faith that rightly handles the scriptures as the inerrant and verbally inspired word of god.
Auxiliary programs offering residential housing and meals on 180 acre campus. Grace offers 18 varsity sports and a vibrant intramural and club sporting program. Grace has 15 primary student organizations and many academic clubs.

Who funds Grace College & Theological Seminary

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lilly EndowmentImproving Reading Instruction in in$750,000
Schwab Charitable FundEducation$370,450
Lilly EndowmentColleges & Communities Initiative$250,000
...and 40 more grants received totalling $2,405,846

Personnel at Grace College & Theological Seminary

NameTitleCompensation
Doug BaumgardnerChief Financial Officer$134,816
Carrie YocumVice President of Administration and Compliance / V.P of Administration and Compliance$132,030
Andrew FlammPresident of$201,682
Tim ZiebarthDean of Online Education$155,858
Nathan BoschDirector LCFLS$135,686
...and 8 more key personnel

Financials for Grace College & Theological Seminary

RevenuesFYE 04/2023
Total grants, contributions, etc.$8,948,926
Program services$55,904,787
Investment income and dividends$184,248
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-27,302
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$65,010,659

Form 990s for Grace College & Theological Seminary

Fiscal year endingDate received by IRSFormPDF link
2023-042023-12-18990View PDF
2022-042022-12-22990View PDF
2021-042022-01-12990View PDF
2020-042021-04-06990View PDF
2019-042020-02-04990View PDF
...and 10 more Form 990s

Organizations like Grace College & Theological Seminary

OrganizationLocationRevenue
LeTourneau University (LETU)Longview, TX$79,233,946
Otterbein UniversityWesterville, OH$106,461,271
Anderson University (AU)Anderson, SC$131,165,523
Linfield UniversityMcminnville, OR$108,927,210
Regis CollegeWeston, MA$102,931,828
Madonna UniversityLivonia, MI$54,779,071
Susquehanna UniversitySelinsgrove, PA$155,751,650
Hardin-Simmons University (HSU)Abilene, TX$82,347,518
Lafayette CollegeEaston, PA$258,966,915
Johnson UniversityKnoxville, TN$27,750,840
Data update history
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $22,630 from Council of Independent Colleges (CIC)
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 4, 2024
Used new vendors
Identified 1 new vendor, including
December 30, 2023
Received grants
Identified 11 new grant, including a grant for $245,665 from National Christian Foundation / Natl Christian Charitable FDN Inc
October 26, 2023
Received grants
Identified 5 new grant, including a grant for $35,078 from The Blackbaud Giving Fund
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ReligiousChristianReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
1 Lancer Way
Winona Lake, IN 46590
County
Kosciusko County, IN
Website URL
grace.edu/ 
Phone
(574) 372-5100
Facebook page
GraceCollege 
Twitter profile
@gracecollege 
IRS details
EIN
35-0868095
Fiscal year end
April
Taxreturn type
Form 990
Year formed
1948
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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