GRACE COLLEGE IS AN EVANGELICAL CHRISTIAN COMMUNITY OF HIGHER EDUCATION WHICH APPLIES BIBLICAL VALUES IN STRENGTHENING CHARACTER, SHARPENING COMPETENCE, AND PREPARING FOR SERVICE. GRACE THEOLOGICAL SEMINARY IS A LEARNING COMMUNITY DEDICATED TO TEACHING, TRAINING, AND TRANSFORMING THE WHOLE PERSON FOR LOCAL CHURCH AND GLOBAL MINISTRY. AT GRACE, THE STUDENTS, ADMINISTRATION, FACULTY, AND STAFF AIM TOGETHER TO MAKE CHRIST PREEMINENT IN ALL THINGS. STUDENTS LEARN THIS BY LIVING, STUDYING, WORKING, WORSHIPING AND ACHIEVING ACADEMIC SUCCESS WITH OTHER YOUNG PEOPLE WHO SHARE SIMILAR CHRISTIAN IDEALS IN A SETTING WHERE THE COMMUNITY LIFESTYLE FOSTERS DEVOTION TO SERIOUS ACADEMIC INQUIRY, WHOLESOME RECREATION AND RELAXATION, AND MATURE SPIRITUAL GROWTH.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Indiana.
- Base
- $156k
- Bonus
- —
- Other
- $8k
- Benefits
- —
- Base
- $165k
- Bonus
- $7k
- Other
- $138
- Benefits
- —
- Base
- $154k
- Bonus
- —
- Other
- $138
- Benefits
- —
- Base
- $148k
- Bonus
- $3k
- Other
- $3k
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Senior Advisor Highest Compensated Employee Median to 75th percentile | $156k | — | $8k | — | $182k $201k |
VP Academic Affairs/provost Board Vice President Median to 75th percentilevs Education peers nationwide | $165k | $7k | $138 | — | $182k $201k |
Dean of Online Education Highest Compensated Employee Median to 75th percentile | $154k | — | $138 | — | $164k $181k |
Director Lcfls Highest Compensated Employee Median to 75th percentile | $148k | $3k | $3k | — | $162k $179k |
Professor Old Testament Studies Highest Compensated Employee 25th percentile to median | — | — | — | — | $142k $156k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 28 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at GRACE SCHOOLS equaled 2% of the organization's total expenses. The median for education organizations is 7%.
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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about GRACE SCHOOLS
What does the Highest Compensated Employee of GRACE SCHOOLS earn?
In 2023, the Highest Compensated Employee of GRACE SCHOOLS received $181,884 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among Education organizations in Indiana, within the top half of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at GRACE SCHOOLS compare with similar nonprofits?
Compared with the same role at Education organizations in Indiana, the 2023 pay of the Highest Compensated Employee at GRACE SCHOOLS falls between the median and the 75th percentile. In 2023, the highest total compensation at GRACE SCHOOLS equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are GRACE SCHOOLS's revenue and expenses?
In 2023, GRACE SCHOOLS reported $5.2M in total revenue and $9.1M in total expenses on its IRS Form 990.
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