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Filing year 2023

Grace Covenant Academy

Frisco, Texas·EIN 27-0533151·NTEE B20 · Education·501(c)(3)
Total revenue
$1.4M
Total assets
$124k
Total expenses
$1.4M
Reported officers
2
Mission

To assist and coach Christian parents in educating their children in a gospel centered, academically excellent context to teach students to examine all things in light of God's word, cultivating a love for God, applying his truth and enabling them to make his name known in the world.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Director
Officer (Unspecified)
$101k
$109k
Executive Dir.
Officer (Unspecified)
$73k
$79k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Grace Covenant Academy equaled 7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
7%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 8%
from 2022

From $94k in 2022 to $101k in 2023.

$94k
2022
$101k
2023
In today's dollarsEst.
Up 2% in real terms$107k to $109k

Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Grace Covenant Academy

What are Grace Covenant Academy's revenue and expenses?

In 2023, Grace Covenant Academy reported $1.4M in total revenue and $1.4M in total expenses on its IRS Form 990.

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