Form 990 for tax year 2023
Filed by GRACE SCHOOLS.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2023 , filed 22 May 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $68,609,939 changed to $5,234,116
- Total expenses
- $63,019,377 changed to $9,115,272
- Contributions and grants received
- $8,522,333 changed to $1,369,061
- Grants paid
- $20,983,191 changed to $97,096
- Program services expenses
- $53,518,312 changed to $6,364,108
- Management and general expenses
- $8,659,030 changed to $2,546,334
- Fundraising expenses
- $842,035 changed to $204,830
- Program service expenses (Part III)
- $53,518,312 changed to $6,364,108
Listed only on the earlier return
- DR KEVIN ROBERTS
- DR NATHAN BOSCH
- DR TIBERIUS RATA
- DR TIM ZIEBARTH
- DR WILLIAM KATIP
Totals
- Total revenue
- $68,609,939
- Total expenses
- $63,019,377
- Contributions and grants received
- $8,522,333
- Grants paid
- $20,983,191
- Program service revenue
- not reported
- Investment income
- not reported
- Other revenue
- not reported
- Total assets, end of year
- not reported
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- not reported
- Program services expenses (Part IX)
- $53,518,312
- Management and general expenses
- $8,659,030
- Fundraising expenses
- $842,035
- Program service expenses (Part III)
- $53,518,312
Program services were 84.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
MR DANIEL W RENNER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
MR GREG DOSMANN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
MR SCOTT SILVEUS
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
MS JANINE ZELTWANGER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
DR KAREN WHITE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR ANDREW SERAFINI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR CORY COLMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR DANIEL SANDOVAL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR JAMES GRADY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR JONATHON ALLEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR KEITH MINIER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR LAMARR LARK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR LOREN NEUENSCHWANDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR MATT ABERNETHY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR RANDY LAKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR RAY SHOOK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR ROBERT BISHOP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR SETH NASH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MRS JENNIFER HOLLAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MRS JESSICA BRICKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MRS LETITIA WILLIAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MRS MONICA MORRISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MS PHYLLIS MARWAH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
REV ADAM COPENHAVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
REV JOHN MCINTOSH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
REV KIP CONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR ANDREW FLAMM
PRESIDENT OF GRACE COLLEGE
- Total calculated
- $269,895
- From this org
- $245,093
- From related orgs
- $0
- Other
- $24,802
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,547
- Bonus
- $18,927
- Other
- $5,619
- Deferred
- $24,802
- Nontaxable benefits
- $0
- Filer's total
- $269,895
-
MR DOUG BAUMGARDNER
CFO
- Total calculated
- $149,524
- From this org
- $140,343
- From related orgs
- $0
- Other
- $9,181
- Hours/week
- 40 + 1 related
-
DR KEVIN ROBERTS
VP ACADEMIC AFFAIRS/PROVOST
- Total calculated
- $181,790
- From this org
- $172,261
- From related orgs
- $0
- Other
- $9,529
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,718
- Bonus
- $7,405
- Other
- $138
- Deferred
- $9,529
- Nontaxable benefits
- $0
- Filer's total
- $181,790
-
DR NATHAN BOSCH
DIRECTOR LCFLS
- Total calculated
- $162,481
- From this org
- $154,143
- From related orgs
- $0
- Other
- $8,338
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,240
- Bonus
- $3,000
- Other
- $2,903
- Deferred
- $8,338
- Nontaxable benefits
- $0
- Filer's total
- $162,481
-
DR TIBERIUS RATA
PROFESSOR OLD TESTAMENT STUDIES
- Total calculated
- $141,612
- From this org
- $135,356
- From related orgs
- $0
- Other
- $6,256
- Hours/week
- 40
-
DR TIM ZIEBARTH
DEAN OF ONLINE EDUCATION
- Total calculated
- $164,300
- From this org
- $154,497
- From related orgs
- $0
- Other
- $9,803
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,359
- Bonus
- $0
- Other
- $138
- Deferred
- $9,803
- Nontaxable benefits
- $0
- Filer's total
- $164,300
-
DR WILLIAM KATIP
SENIOR ADVISOR
- Total calculated
- $181,884
- From this org
- $164,327
- From related orgs
- $0
- Other
- $17,557
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,113
- Bonus
- $0
- Other
- $8,214
- Deferred
- $17,557
- Nontaxable benefits
- $0
- Filer's total
- $181,884
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Tax indemnification and gross-up payments
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 1a Tax indemnification and gross-up payments
- THE PRESIDENT RECEIVED A MINIMAL GROSS UP PAYMENT TO HIS BASE PAY. GRACE SCHOOLS PROVIDED COMPENSATION TO COVER PART OF THE COST OF THE INDIVIDUAL EXPENSE FOR THE MEDI-SHARE PLAN. THIS AMOUNT WAS TAXABLE IN BOX 1 ON THE PRESIDENT'S W-2.
- Schedule J, Part I, Line 1a Personal services
- THE PRESIDENT RECEIVES LAWN AND MAID SERVICES TO HIS RESIDENCE . THE VALUE OF THESE SERVICES WAS INCLUDED IN HIS TAXABLE WAGES.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · EDUCATION · IN · controlled entity
Directly controlled by GRACE SCHOOL
-
INDEPENDENT COLLEGES OF INDIANA INC
501(c)(3) · EDUCATION · IN
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUST
CHAR. REM. TR · IN
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510649349301026
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