2023-12-18T13:38:52-06:00 2023-04-30 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-05-01 350868095 GRACE SCHOOLS % MATTHEW OTT GRAC 5743725100 1 LANCER WAY WINONA LAKE IN 46590 DOUG BAUMGARDNER CFO 5743725100 2023-09-15 true WILLIAM KATIP 999009999 Anne E White P01708202 2604604000 3 2022 2023-04-26 12:10:37Z DREW FLAMM 1 LANCER WAY WINONA LAKE IN 46590 68520432 false X WWW.GRACE.EDU X 1948 IN GRACE COLLEGE AND SEMINARY STRIVES TO BE AN EVANGELICAL CHRISTIAN COMMUNITY OF HIGHER EDUCATION. 23 23 1138 300 0 0 13840043 8948926 50744403 55904787 178202 156946 0 0 64762648 65010659 18441804 21155791 0 0 16255201 17356610 0 54503 1053746 22571718 22845574 57268723 61412478 7493925 3598181 83215559 85935849 31794714 30724966 51420845 55210883 X 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. false false 45286750 21155791 44400230 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. 7704309 11504557 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. 52991059 true true false false false false false true false true true false false false true false false true true false false false false true false false false false true true true false false false false false false false false false false true false false false false true true true false false true 2862 0 1138 true false false false false false false false false false false false false X 23 23 false false false false true true true true true false false true true true true true true true false false IN X MATTHEW OTT 5743725100 1 LANCER WAY WINONA LAKE IN 46590 DR WILLIAM KATIP SENIOR ADVISOR 40.0 0.0 X 261544 0 25458 DR ANDREW FLAMMSTART 0622 PRESIDENT OF GRACE COLLEGE 40.0 5.0 X 201682 0 22713 DR KEVIN ROBERTS VP ACADEMIC AFFIARS/PROVOST 40.0 0.0 X 164568 0 9534 DR TIM ZIEBARTH DEAN OF ONLINE EDUCATION 40.0 0.0 X 155858 0 9395 DR ROGER STICHTER PROFESSOR ACCOUNTING & FINANCE 40.0 0.0 X 136421 0 7745 MR DOUG BAUMGARDNER CFO 40.0 5.0 X 134816 0 8792 DR NATHAN BOSCH DIRECTOR LCFLS 40.0 0.0 X 135686 0 7746 DR JON TEEVAN LEFT 0622 INTERM PRESIDENT 40.0 0.0 X 44286 0 20326 MR SCOTT SILVEUS ASSISTANT SECRETARY 1.0 0.0 X X 0 0 0 MR DANIEL SANDOVAL TRUSTEE 1.0 0.0 X 0 0 0 MR RAY SHOOK TRUSTEE 1.0 0.0 X 0 0 0 MR MATT ABERNETHY TRUSTEE 1.0 0.0 X 0 0 0 MR ROBERT BISHOP TRUSTEE 1.0 0.0 X 0 0 0 REV KIP CONE TRUSTEE 1.0 1.0 X 0 0 0 MR GREG DOSMANN VICE CHAIR 1.0 0.0 X X 0 0 0 DR KELLY GEISLER TRUSTEE 1.0 0.0 X 0 0 0 MR JAMES GRADY TRUSTEE 1.0 0.0 X 0 0 0 MRS JENNIFER HOLLAR TRUSTEE 1.0 1.0 X 0 0 0 MR RANDY LAKE TRUSTEE 1.0 0.0 X 0 0 0 MR LAMARR LARK TRUSTEE 1.0 0.0 X 0 0 0 MS PHYLLIS MARWAH TRUSTEE 1.0 0.0 X 0 0 0 REV JOHN MCINTOSH TRUSTEE 1.0 0.0 X 0 0 0 MR SETH NASH TRUSTEE 1.0 0.0 X 0 0 0 MR DANIEL W RENNER CHAIR 1.0 1.0 X X 0 0 0 MR ANDREW SERAFINI TRUSTEE 1.0 1.0 X 0 0 0 DR JOHN F SMITH TRUSTEE 1.0 0.0 X 0 0 0 MRS LETITIA WILLIAMS TRUSTEE 1.0 1.0 X 0 0 0 REV MICHAEL YODER TRUSTEE 1.0 1.0 X 0 0 0 MS JANINE ZELTWANGER SECRETARY 1.0 1.0 X X 0 0 0 MR JONATHAN ALLAN TRUSTEE 1.0 0.0 X 0 0 0 MRS MONICA MORRISON TRUSTEE 1.0 0.0 X 0 0 0 1234861 0 111709 21 false true false SODEXO INC AND AFFILIATES 4880 PAYSHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2793211 ARAMARK SERVICES INC 24818 NETWORK PLACE CHICAGO IL 60673 MAINTENANCE 2191167 HARMONY MARKETING GROUP 115 NORTH MAIN STREET BOURBON IN 46504 PRINTING SERVICES 349325 SLINGSHOT LP 1500 S WESTERN AVE MARION IN 46953 BOOK SUPPLIER 978151 WINONA IT LLC PO BOX 2105 WARSAW IN 46581 IT SERVICES 371399 11 8287 8940639 3211414 8948926 TUITION & FEES 611710 44400230 44400230 ROOM, BOARD, FEES 611710 11504557 11504557 55904787 184248 184248 0 0 0 0 0 3482471 3509773 -27302 -27302 -27302 0 0 0 0 0 0 0 0 0 0 65010659 55904787 156946 0 21155791 21155791 0 0 307877 246695 53024 8158 0 13997728 10797757 2724026 475945 556374 478482 66765 11127 2494631 1816388 577048 101195 0 2169054 2169054 15043 15043 73050 73050 0 54503 54503 0 4375032 3762527 525004 87501 247329 142283 105046 1657790 1258957 324471 74362 954500 507038 418102 29360 0 2275514 1399932 872825 2757 1837332 1558321 236445 42566 0 72705 55349 16531 825 1123840 966502 134861 22477 0 2835890 2438865 340307 56718 315682 24901 290781 FOOD 702704 624327 59793 18584 MEMBERSHIP & DUES 335705 176492 154831 4382 TEXTBOOKS 690057 690057 OTHER 3164347 2721341 379720 63286 61412478 52991059 7367673 1053746 5672 5671 6112035 8547780 841789 738500 1963457 622019 0 0 0 0 3145734 2762271 0 0 541269 677114 92925249 42542820 51732966 50382429 18640786 21987897 0 0 0 0 0 0 231851 212168 83215559 85935849 4811195 4776123 678310 1005191 45417 141784 15438973 14585316 0 0 0 0 10441286 9941239 0 0 379533 275313 31794714 30724966 X 19886187 18509342 31534658 36701541 51420845 55210883 83215559 85935849 X 3598181 184889 6968 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 25421610 3383290 532263 814063 28523100 22927441 3188004 -421381 272454 25421610 18978885 480249 3673241 204934 22927441 18925145 577635 -37078 486817 18978885 18906387 215525 1073040 1269807 18925145 0.02000 0.80000 0.18000 true false 173161 173161 65639099 23251703 42387396 9683354 5077096 4606258 15762374 13290257 2472117 1667261 923764 743497 50382429 0 ANNUITIES & TRUSTS PAYABLE 275313 275313 44046725 184889 6968 191857 43854868 21155791 21155791 65010659 40256687 40256687 21155791 21155791 61412478 SCHEDULE D, PART III, LINE 1A COLLECTIONS OF HISTORICAL TREASURES AND SIMILAR ASSETS ARE NOT CAPITALIZED IN AS MUCH AS THE ITEMS ARE PRESERVED AND CARED FOR CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE REPORTED IN THE YEAR OF ACQUISITION AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS OR IN NET ASSETS WITH DONOR RESTRICTIONS, IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED TO THAT USE BY DONOR STIPULATION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT REPORTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DISPOSAL OF, AND INSURANCE RECOVERIES RELATED TO, COLLECTION ITEMS ARE REPORTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE SCHOOL'S COLLECTIONS CONSIST OF THE HOME AND ORIGINAL HOUSEHOLD FURNISHINGS OF BILLY SUNDAY, A NOTED EVANGELIST IN THE EARLY 20TH CENTURY. THEY ARE SUBJECT TO A POLICY THAT PRESERVES THESE ITEMS AND THE MEMORY OF BILLY SUNDAY'S MINISTRY AND HIS EFFECT ON 20TH CENTURY CHRISTIANITY. NO COLLECTION ITEMS WERE SOLD OR REMOVED IN 2023 OR 2022. SCHEDULE D, PART III, LINE 4 THE ORGANIZATION HOLDS SEVERAL HISTORICAL BIBLICAL DOCUMENTS THAT ARE USED IN RESEARCH FOR THE ORGANIZATION'S SEMINARY AND OTHER INTERESTED PARTIES. THE SCHOOL HOLDS PERSONAL BELONGINGS OF NOTED 20TH CENTURY EVANGELIST BILLY SUNDAY, ALSO USED IN RESEARCH FOR STUDENTS AND OTHER INTERESTED PARTIES. SCHEDULE D, PART V, LINE 4 TO FUND SCHOLARSHIPS AND OTHER DESIGNATED PROGRAM RELATED EXPENSES. ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. PART XI LINE 2D CHANGE IN VALUE OF ANNUITIES & TRUSTS $6,968 LINE 4B STUDENT FINANCIAL AID $21,155,791 PART XII LINE 4B STUDENT FINANCIAL AID $21,155,791 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION POLICIES ARE INCLUDED IN ALL MATERIALS AVAILABLE TO THE PUBLIC AND ARE AVAILBALE TO VIEW ON THE COLLEGE WEBSITE. SCHEDULE E, PART I, LINE 6A GRACE SCHOOLS PARTICIPATES IN THE FEDERAL STUDENT AID PROGRAM ADMINISTERED THROUGH THE U.S. DEPARTMENT OF EDUCATION. GRACE STUDENTS WHO QUALIFY RECEIVE PELL GRANTS AND FEDERAL STUDENT LOANS AS WELL AS AID AND LOANS FROM CAMPUS BASED PROGRAMS SUCH AS PERKINS, SEOG AND FEDERAL WORK STUDY. QUALIFIED STUDENTS ALSO RECEIVE FUNDING FROM INDIANA'S STATE STUDENT ASSISTANCE COMMISSION. X X X X X X true JOHNSON GROSSNICKLE ASSOCIATES CONSULTING false 54503 54503 IN true SCHOLARSHIPS 1650 21155791 SCHEDULE I, PART I, LINE 2 STUDENT FINANCIAL AID IS MONITORED BY INSTITUTIONAL GUIDELINES AND A COMMITTEE OF EMPLOYEES WITH RESPONSIBILITY TO ENSURE THE INSTRUCTION GUIDELINES ARE PROPERLY FOLLOWED. X true true X X X X false false false false false false false false false DR ANDREW FLAMMSTART 0622 PRESIDENT OF GRACE COLLEGE 193740 0 4000 0 3942 0 22713 0 0 0 224395 0 DR TIM ZIEBARTH DEAN OF ONLINE EDUCATION 155720 0 0 0 138 0 9395 0 0 0 165253 0 DR WILLIAM KATIP SENIOR ADVISOR 234591 0 10622 0 16331 0 25458 0 0 0 287002 0 DR KEVIN ROBERTS VP ACADEMIC AFFIARS/PROVOST 162506 0 2000 0 62 0 9534 0 0 0 174102 0 PART I, LINE 1A 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. A TOWN OF WINONA LAKE INDIANA ECONOMIC DEVELOPMENT 356001243 2015-04-27 10950000 BUILDING false false false B TOWN OF WINONA LAKE INDIANA ECONOMIC DEVELOPMENT 356001243 2015-09-30 10000000 BUILDING false false false A 3538620 0 10950000 0 0 0 0 0 0 0 0 0 false false true true B 2615207 0 10000000 0 0 0 0 0 0 0 0 0 false false true true A false false false false 0 false false false true B false false false false 0 false false false true A false true true false 0 false 0 false false B false true true false 0 false 0 false false A false B false X 8 3211414 FAIR MARKET VALUE false true false SCHEDULE M, PART I THE AMOUNTS LISTED IN PART I, COLUMN B ARE BASED ON THE NUMBER OF CONTRIBUTORS FOR EACH TYPE OF PROPERTY CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUAL DONORS WHO ARE A MEMBER OF A CHURCH IN THE FELLOWSHIP OF GRACE BRETHREN CHURCHES, DBA CHARIS FELLOWSHIP, AND CONTRIBUTE $25 OR MORE IN A CALENDAR YEAR BECOME CORPORATION MEMBERS FOR THAT YEAR. INDIVIDUAL DONORS WHO ARE A MEMBER OF A CHURCH IN THE CHARIS FELLOWSHIP AND CONTRIBUTE $1,000 OR MORE IN ANY CALENDAR YEAR BECOME CORPORATION MEMBERS FOR LIFE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES SUBMITS A BALLOT OF NOMINEES AT THE ANNUAL CORPORATION MEETING. THE CORPORATION MEMBERS PRESENT AT THE CORPORATION MEETING APPROVE THE BALLOT OF NOMINEES. ALL CORPORATION MEMBERS OF RECORD RECEIVE BALLOTS AND ELECT TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE ALL CHANGES TO THE ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE CFO AND PRESIDENT REVIEW THE 990 ALONG WITH AN INDEPENDENT CPA FIRM. THE BOARD OF TRUSTEES ARE THEN PROVIDED AN ELECTRONIC COPY FOR REVIEW PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES COMPLETE A CONFLICT OF INTEREST STATEMENT EACH YEAR. ANY POTENTIAL CONFLICTS OF INTEREST ARE IDENTIFIED, INVESTIGATED AND RESOLVED. FORM 990, PART VI, SECTION B, LINE 15A A COMPARISON OF CCCU PRESIDENTS' SALARIES IS PROVIDED TO THE PRESIDENTIAL CARE COMMITTEE OF THE BOARD OF TRUSTEES. THE PRESIDENTIAL CARE COMMITTEE SETS THE PRESIDENT'S ANNUAL SALARY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 RECONCILIATION OF NET ASSETS CHANGE IN VALUE OF ANNUITIES & TRUSTS $ 6,968 GRACE COMMUNITY EDUCATION 200 SEMINARY DRIVE WINONA LAKE IN 46590 460695402 EDUCATION IN 501(C)(3) 2 GRACE SCHOOL true INDEPENDENT COLLEGES OF INDIANA INC 30 SOUTH MERIDIAN STREET SUITE 800 INDIANAPOLIS IN 46204 310901001 EDUCATION IN 501(C)(3) 12A N/A false CHARITABLE REMAINDER TRUST CHAR. REM. TR IN NA false false false true false false false false false false false false false false false false false false false false