﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2012v2.3">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-11-07T15:30:49-06:00</Timestamp>
    <TaxPeriodEndDate>2013-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>CHO &amp; WOO AN ACCOUNTANCY CORPORATION</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>3250 WILSHIRE BLVD STE 1502</AddressLine1>
        <City>LOS ANGELES</City>
        <State>CA</State>
        <ZIPCode>900101607</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2012-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>954559065</EIN>
      <Name>
        <BusinessNameLine1>GRACE MISSION UNIVERSITY</BusinessNameLine1>
      </Name>
      <NameControl>GRAC</NameControl>
      <Phone>7145250088</Phone>
      <USAddress>
        <AddressLine1>1645 W VALENCIA DR</AddressLine1>
        <City>FULLERTON</City>
        <State>CA</State>
        <ZIPCode>92833</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>REV KYUNAM CHOI</Name>
      <Title>VICE PRESIDENT</Title>
      <Phone>7145250088</Phone>
      <DateSigned>2013-10-07</DateSigned>
      <AuthorizeThirdParty>false</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>STEPHEN Y CHO CPA</Name>
      <Phone>2133830972</Phone>
      <DatePrepared>2013-10-07</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2015-11-30 17:44:51Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990 documentId="RetDoc4" referenceDocumentId="RetDoc8">
      <NameOfPrincipalOfficerPerson>KYUNAM CHOI</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>1645 W VALENCIA DR</AddressLine1>
        <City>FULLERTON</City>
        <State>CA</State>
        <ZIPCode>92833</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>893266</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>WWW.GMUEDU.ORG</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <ActivityOrMissionDescription>TO PROVIDE RELIGIOUS EDUCATION</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>12</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>0</NbrIndependentVotingMembers>
      <TotalNbrEmployees>8</TotalNbrEmployees>
      <TotalGrossUBI>0</TotalGrossUBI>
      <ContributionsGrantsPriorYear>237700</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>197340</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>489274</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>655115</ProgramServiceRevenueCY>
      <InvestmentIncomeCurrentYear>0</InvestmentIncomeCurrentYear>
      <OtherRevenueCurrentYear>40811</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>726974</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>893266</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>212504</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>213767</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>712</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>487876</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>608492</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>700380</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>822259</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>26594</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>71007</RevenuesLessExpensesCY>
      <TotalAssetsBOY>379100</TotalAssetsBOY>
      <TotalAssetsEOY>488476</TotalAssetsEOY>
      <TotalLiabilitiesBOY>14765</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>54266</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>364335</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>434210</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <MissionDescription>TO PROVIDE RELIGIOUS EDUCATION</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Expense>581204</Expense>
      <Description>TO PROVIDE RELIGIOUS EDUCATION</Description>
      <ActivityOther>
        <Expense>24321</Expense>
        <Description>DEPRECIATION</Description>
      </ActivityOther>
      <TotalOfOtherProgramServiceExp>24321</TotalOfOtherProgramServiceExp>
      <TotalProgramServiceExpense>605525</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="RetDoc2">true</DescribedIn501C3>
      <ScheduleBRequired>false</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <DonorAdvisedFunds referenceDocumentId="RetDoc3">false</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="RetDoc3">false</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="RetDoc3">false</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="RetDoc3">false</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="RetDoc3">false</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="RetDoc3">true</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId="RetDoc3">false</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="RetDoc3">false</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="RetDoc3">false</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="RetDoc3">true</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="RetDoc3">false</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="RetDoc3">true</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="RetDoc3">false</ConsolidatedAuditFinancialStmt>
      <School referenceDocumentId="RetDoc5">true</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities>false</ForeignActivities>
      <MoreThan5000KToOrganizations>false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising referenceDocumentId="RetDoc6">false</ProfessionalFundraising>
      <FundraisingActivities referenceDocumentId="RetDoc6">true</FundraisingActivities>
      <Gaming referenceDocumentId="RetDoc6">false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations>false</GrantsToOrganizations>
      <GrantsToIndividuals>false</GrantsToIndividuals>
      <ScheduleJRequired>false</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>false</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions referenceDocumentId="RetDoc7">true</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt referenceDocumentId="RetDoc7">false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity>false</DisregardedEntity>
      <RelatedEntity>false</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransfersToExemptNonChrtblOrg>false</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership>false</ActivitiesConductedPartnership>
      <ScheduleORequired>false</ScheduleORequired>
      <NumberFormsTransmittedWith1096>30</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>30</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>false</ComplianceWithBackupWitholding>
      <NumberOfEmployees>8</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>true</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>false</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <IndoorTanningServices>false</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>12</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>0</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>false</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>false</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>false</MembersOrStockholders>
      <ElectionOfBoardMembers>false</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>false</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>true</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>true</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>false</ConflictOfInterestPolicy>
      <WhistleblowerPolicy>false</WhistleblowerPolicy>
      <DocumentRetentionPolicy>false</DocumentRetentionPolicy>
      <CompensationProcessCEO>false</CompensationProcessCEO>
      <CompensationProcessOther>false</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <StatesWhereCopyOfReturnIsFiled>CA</StatesWhereCopyOfReturnIsFiled>
      <TheBooksAreInCareOf>
        <NamePerson>STEPHEN Y CHO CPA</NamePerson>
        <TelephoneNumber>2133830972</TelephoneNumber>
        <AddressUS>
          <AddressLine1>3250 WILSHIRE BLVD SUITE 1502</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90010</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <Form990PartVIISectionA>
        <NamePerson>HYUN WAN KIM</NamePerson>
        <Title>DEAN OF ACAD</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>39000</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>KYUNAM CHOI</NamePerson>
        <Title>VICE PRESIDE</Title>
        <AverageHoursPerWeek>20.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>29400</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>BONG JAE YOO</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DAL EUN LEE</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DONG JOO AHN</NamePerson>
        <Title>TREASURER</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JAE MOON KIM</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOHN JONGOK KIM</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DAVID KWANG SHIN KIM</NamePerson>
        <Title>PRESIDENT</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>PAUL GIHONG HAN</NamePerson>
        <Title>CHAIRMAN OF</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>RICHARD SEUNGHOON SHIN</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>SUH LEE</NamePerson>
        <Title>GENERAL SECR</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>HONGJOO CHOI</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>BON CHUL KOO</NamePerson>
        <Title>TRUSTEE</Title>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CHONG WON CHOI</NamePerson>
        <Title>C.F.O</Title>
        <AverageHoursPerWeek>20.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>15000</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>83400</TotalReportableCompFromOrg>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>false</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <RelatedOrganizations>120000</RelatedOrganizations>
      <AllOtherContributions>77340</AllOtherContributions>
      <NoncashContributions>120000</NoncashContributions>
      <TotalContributions>197340</TotalContributions>
      <ProgramServiceRevenue>
        <Description>TUITION &amp; FEES</Description>
        <TotalRevenueColumn>732228</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>732228</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>SPECIAL LECTURE &amp; FEES</Description>
        <TotalRevenueColumn>105724</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>105724</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>SCHLOARSHIPS</Description>
        <TotalRevenueColumn>-182837</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>-182837</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>655115</TotalProgramServiceRevenue>
      <GrossIncomeFundraisingEvents>40811</GrossIncomeFundraisingEvents>
      <NetIncomeFromFundraisingEvents>
        <TotalRevenueColumn>40811</TotalRevenueColumn>
      </NetIncomeFromFundraisingEvents>
      <TotalRevenue>
        <TotalRevenueColumn>893266</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>655115</RelatedOrExemptFunctionIncome>
      </TotalRevenue>
      <InfoInScheduleOPartIX>X</InfoInScheduleOPartIX>
      <OtherSalariesAndWages>
        <Total>198576</Total>
        <ProgramServices>127176</ProgramServices>
        <ManagementAndGeneral>71400</ManagementAndGeneral>
      </OtherSalariesAndWages>
      <PayrollTaxes>
        <Total>15191</Total>
        <ProgramServices>9729</ProgramServices>
        <ManagementAndGeneral>5462</ManagementAndGeneral>
      </PayrollTaxes>
      <FeesForServicesAccounting>
        <Total>12015</Total>
        <ManagementAndGeneral>12015</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <Advertising>
        <Total>8427</Total>
        <ProgramServices>8427</ProgramServices>
      </Advertising>
      <OfficeExpenses>
        <Total>10208</Total>
        <ManagementAndGeneral>10208</ManagementAndGeneral>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>18714</Total>
        <ManagementAndGeneral>18714</ManagementAndGeneral>
      </InformationTechnology>
      <Occupancy>
        <Total>110400</Total>
        <ProgramServices>82800</ProgramServices>
        <ManagementAndGeneral>27600</ManagementAndGeneral>
      </Occupancy>
      <TravelEntrtnmntPublicOfficials>
        <Total>5607</Total>
        <ManagementAndGeneral>5607</ManagementAndGeneral>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>5632</Total>
        <ProgramServices>5632</ProgramServices>
      </ConferencesMeetings>
      <DepreciationDepletion>
        <Total>40535</Total>
        <ProgramServices>24321</ProgramServices>
        <ManagementAndGeneral>16214</ManagementAndGeneral>
      </DepreciationDepletion>
      <Insurance>
        <Total>1443</Total>
        <ManagementAndGeneral>1443</ManagementAndGeneral>
      </Insurance>
      <OtherExpenses>
        <Description>TEACHING FEE - INSTRUCTOR</Description>
        <Total>199089</Total>
        <ProgramServices>199089</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LIBRARY EXPENSES</Description>
        <Total>44103</Total>
        <ProgramServices>44103</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>ACCEDITATION FEE</Description>
        <Total>40776</Total>
        <ProgramServices>40776</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>STUDENT SERVICES</Description>
        <Total>22763</Total>
        <ProgramServices>22763</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>88780</Total>
        <ProgramServices>40709</ProgramServices>
        <ManagementAndGeneral>47359</ManagementAndGeneral>
        <Fundraising>712</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>822259</Total>
        <ProgramServices>605525</ProgramServices>
        <ManagementAndGeneral>216022</ManagementAndGeneral>
        <Fundraising>712</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>139297</BOY>
        <EOY>273171</EOY>
      </CashNonInterestBearing>
      <PledgesAndGrantsReceivable>
        <BOY>35480</BOY>
        <EOY>21671</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>64564</BOY>
        <EOY>93026</EOY>
      </AccountsReceivable>
      <OtherNotesLoansReceivableNet>
        <EOY>1385</EOY>
      </OtherNotesLoansReceivableNet>
      <LandBuildingsEquipmentBasis>252115</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>152892</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>139759</BOY>
        <EOY>99223</EOY>
      </LandBuildingsEquipmentBasisNet>
      <TotalAssets>
        <BOY>379100</BOY>
        <EOY>488476</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>2205</BOY>
        <EOY>2151</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>10121</BOY>
        <EOY>47636</EOY>
      </DeferredRevenue>
      <OtherLiabilities>
        <BOY>2439</BOY>
        <EOY>4479</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>14765</BOY>
        <EOY>54266</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>364335</BOY>
        <EOY>434210</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>364335</BOY>
        <EOY>434210</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>379100</BOY>
        <EOY>488476</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>71007</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-1132</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc2">
      <School170b1Aii>X</School170b1Aii>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="RetDoc3">
      <OtherLiabilities>
        <Description>PAYROLL TAX PAYABLE</Description>
        <Amount>4479</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>4479</TotalOfAmounts>
      <TotRevenueEtcAuditedFinclStmt>893266</TotRevenueEtcAuditedFinclStmt>
      <RevenueSubtotal>893266</RevenueSubtotal>
      <TotalRevenuePerForm990>893266</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>822259</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>822259</ExpensesSubtotal>
      <TotalExpensesPerForm990>822259</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc5">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>true</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>false</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION</Identifier>
        <ReturnReference>SCHEDULE E LINE 3</ReturnReference>
        <Explanation>GRACE MISSION UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE COLOR NATIONAL ORIGIN ANCESTRY MARITAL STATUS AGE RELIGION DISABILITY SEX OR SEXUAL ORIENTATION IN ANY OF ITS POLICIES PROCEDURES OR PRACTICES</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="RetDoc6">
      <EventsInformation>
        <NameOfEvent1>FUNDRAISING</NameOfEvent1>
        <GrossReceiptsEvent1>40811</GrossReceiptsEvent1>
        <GrossRevenueEvent1>40811</GrossRevenueEvent1>
        <GrossReceiptsTotal>40811</GrossReceiptsTotal>
        <GrossRevenueTotalEvents>40811</GrossRevenueTotalEvents>
        <NetIncomeSummary>40811</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleM documentId="RetDoc7">
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>USE OF PROPERTY</Description>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>120000</NoncashContribsRptdF990>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>false</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc8">
      <GeneralExplanation>
        <Identifier>ALL OTHER ACCOMPLISHMENT DESCRIPTION</Identifier>
        <ReturnReference>FORM 990, PAGE 2, PART III, LINE 4D</ReturnReference>
        <Explanation>DEPRECIATION</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>FINANCIAL STATEMENTS AND TAX RETURNS REVIEWED BY CFO AND PRESENTED TO BOARD</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>NO DOCUMENTS AVAILABLE TO THE PUBLIC</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990, PART IX, LINE 24E</ReturnReference>
        <Explanation>BAD DEBT 19,953 0 0 ADMINISTRATIVE FEES 0 10,409 0 TELEPHONE 0 10,236 0 FACULTY AND TEACHING 7,728 0 0 GRADUATION EXPENSES 7,160 0 0 CREDIT CARD DISCOUNT 0 6,426 0 REPAIR AND MAINTENANCE 0 5,757 0 EQUIPMENT RENTAL 0 5,263 0 RECRUITING 4,753 0 0 BANK CHARGE 0 3,876 0 EMPLOYEE BENEFIT 0 3,273 0 AUTO EXPENSES 0 2,119 0 FUND RAISING 0 0 712 CONDOLENCES 615 0 0 CONSULTING FEE 500 0 0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER CHANGES IN NET ASSETS EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 9</ReturnReference>
        <Explanation>PRIOR PERIOD ADJUSTMENT 1,132</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>