2021-01-29T09:12:41-06:00 2020-04-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2019-05-01 350868095 GRACE SCHOOLS % MATTHEW OTT GRAC 5743725100 200 SEMINARY DR WINONA LAKE IN 46590 DOUG BAUMGARDNER CFO 5743725100 2021-03-15 true Anne E White P01708202 2604604000 2019 2022-09-23 18:48:47Z WILLIAM J KATIP 200 SEMINARY DR WINONA LAKE IN 46590 51386058 false X WWW.GRACE.EDU X 1948 IN GRACE COLLEGE AND SEMINARY STRIVES TO BE AN EVANGELICAL CHRISTIAN COMMUNITY OF HIGHER EDUCATION. 27 27 1222 300 0 4299517 4436107 45768562 46520776 -424633 70148 0 0 49643446 51027031 13551821 14923316 0 0 16095707 15404022 72920 0 952597 22927125 21921356 52647573 52248694 -3004127 -1221663 77353144 78967749 35744159 38867184 41608985 40100565 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 36318368 14923316 36282245 INSTRUCTIONAL PROGRAMS LOCATED ON A 180 ACRE CAMPUS WITH 2 SATELLITE CAMPUSES SERVING APPROXIMATELY 2,000 UNDERGRADUATE AND GRADUATE STUDENTS IN 72 MAJORS. 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. 7420604 10238531 AUXILIARY PROGRAMS OFFERING RESIDENTIAL HOUSING AND MEALS ON 180 ACRE CAMPUS. GRACE OFFERS 15 VARSITY SPORTS AND A VIBRANT INTRAMURAL AND CLUB SPORTING PROGRAM. GRACE HAS 15 PRIMARY STUDENT ORGANIZATIONS AND MANY ACADEMIC CLUBS. 43738972 true true false false false false false true false true true false false false true false false true true false false false false false 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 167 0 1222 true true true false false false false false false false false false false false false X 27 27 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 200 SEMINARY DR WINONA LAKE IN 46590 DR WILLIAM KATIP PRESIDENT OF GRACE COLLEGE 40.0 5.0 X 238215 0 22906 DR ANDREW FLAMM VP FOR ADVANCEMENT 40.0 0.0 X 158901 0 9633 DR TIM ZIEBARTH DEAN OF ONLINE EDUCATION 40.0 0.0 X 155111 0 8473 MR PAUL BLAIR CHIEF FINANCIAL OFFICER 40.0 5.0 X 147107 0 9255 DR ROGER STICHTER PROFESSOR OF ACCOUNTING 40.0 0.0 X 146252 0 7791 DR CARRIE YOCUM VP OF ADMIN & COMPLIANCE 40.0 0.0 X 127845 0 3310 DR ALAN GROSSNICKLE ASSOC PROFESSOR OF BUSINESS 40.0 0.0 X 119086 0 7279 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 REV DANIEL ALLAN TRUSTEE 1.0 0.0 X 0 0 0 MR ROBERT BISHOP TRUSTEE 1.0 0.0 X 0 0 0 MR WILLIAM BURKE CHAIR 1.0 1.0 X X 0 0 0 REV KIP CONE TRUSTEE 1.0 1.0 X 0 0 0 MR GREG DOSMANN TRUSTEE 1.0 0.0 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 REV GREG HOWELL TRUSTEE 1.0 0.0 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 MARK MILLER TRUSTEE 1.0 0.0 X 0 0 0 MR SETH NASH TRUSTEE 1.0 0.0 X 0 0 0 MR LOREN NEUENSCHWAND TRUSTEE 1.0 1.0 X 0 0 0 MR DANIEL W RENNER VICE CHAIR 1.0 1.0 X X 0 0 0 MR ANDREW SERAFINI TRUSTEE 1.0 0.0 X 0 0 0 DR JOHN F SMITH TRUSTEE 1.0 1.0 X 0 0 0 MR ROBERT VITOUX TRUSTEE 1.0 1.0 X 0 0 0 MRS LETITIA WILLIAMS TRUSTEE 1.0 1.0 X 0 0 0 REV MICHAEL YODER TRUSTEE 1.0 0.0 X 0 0 0 MS JANINE ZELTWANGER SECRETARY 1.0 1.0 X X 0 0 0 1092517 0 68647 20 false true false SODEXO INC AFFILIATES 4880 PAYSHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2561315 ARAMARK SERVICES INC 24818 NETWORK PLACE CHICAGO IL 60673 MAINTENANCE 1741685 WILEY EDUCATION SERVICES LLC 1415 WEST 22ND ST OAK BROOK IL 60523 ONLINE SERVICES 1016636 REMODEL HEALTH 525 S MERIDIAN - STE GB1 INDIANAPOLIS IN 46225 TECHNOLOGY SERVICES 1012587 TREE OF LIFE BOOKSTORE INC 1500 S WESTERN AVE MARION IN 46953 BOOK SUPPLIER 948769 15 9608 4426499 1059002 4436107 TUITION & FEES 611710 36282245 36282245 ROOM, BOARD, FEES 611710 10238531 10238531 46520776 63205 63205 0 0 0 0 0 282872 83098 284027 75000 -1155 8098 6943 6943 0 0 0 0 0 0 0 0 0 0 51027031 46520776 70148 0 14923316 14923316 0 0 417483 354861 54273 8349 0 12005052 8972425 2503964 528663 447977 447977 2533510 1900133 532037 101340 0 2103704 2103704 45334 45334 51100 51100 0 0 0 5305512 4352713 901951 50848 718996 624118 94115 763 1580367 937126 567513 75728 830140 406081 370139 53920 0 1917523 1218479 688519 10525 1460914 1125647 286187 49080 0 37427 21148 13479 2800 1093418 1071604 21814 0 2765846 2710667 55179 271129 45182 225947 FOOD 579475 501612 50960 26903 MEMBERSHIP & DUES 366466 140667 220574 5225 OTHER 2794005 2329489 426063 38453 52248694 43738972 7557125 952597 5667 5668 2992811 7973045 2653491 1091445 946233 614558 0 0 0 0 4580902 3877614 0 0 638181 545177 84703218 34252585 50758220 50450633 12000431 11705027 2548177 2500000 0 0 0 0 229031 204582 77353144 78967749 3493288 4904376 2567624 1536101 195840 101365 18020094 17189241 0 0 0 0 10982875 14715314 0 0 484438 420787 35744159 38867184 X 12760387 13324385 28848598 26776180 41608985 40100565 77353144 78967749 X -1221663 -350186 63429 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 18925145 577635 -37078 486817 18978885 18906387 215525 1073040 1269807 18925145 17498886 545642 1112290 250431 18906387 12326760 4386666 847829 195064 17366191 11495508 849547 231896 250191 12326760 0.02000 0.80000 0.18000 true false 173161 173161 61519141 19243990 42275151 8128359 4155915 3972444 13236064 10058137 3177927 1646493 794543 851950 50450633 0 ANNUITIES & TRUSTS PAYABLE 420787 420787 35816958 -350186 63429 -286757 36103715 14923316 14923316 51027031 37325378 37325378 14923316 14923316 52248694 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 UNRESTRICTED NET ASSETS, OR IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS 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. THE ITEMS ARE SUBJECT TO A POLICY THAT PRESERVES THESE ITEMS AND THE EMORY OF BILLY SUNDAY'S MINISTRY AND HIS EFFECT ON 20TH CENTURY CHRISTIANITY. NO COLLECTION ITEMS WERE SOLD OR REMOVED IN 2019. 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 $63,429 LINE 4B STUDENT FINANCIAL AID $14,923,316 PART XII LINE 4B STUDENT FINANCIAL AID $14,923,316 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. 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. true SCHOLARSHIPS 1539 14923316 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 FLAMM VP FOR ADVANCEMENT 157448 0 0 0 1453 0 9633 0 0 0 168534 0 DR TIM ZIEBARTH DEAN OF ONLINE EDUCATION 155021 0 0 0 90 0 8473 0 0 0 163584 0 DR ROGER STICHTER PROFESSOR OF ACCOUNTING 145994 0 0 0 258 0 7791 0 0 0 154043 0 MR PAUL BLAIR CHIEF FINANCIAL OFFICER 146969 0 0 0 138 0 9255 0 0 0 156362 0 DR WILLIAM KATIP PRESIDENT OF GRACE COLLEGE 228871 0 0 0 9344 0 22906 0 0 0 261121 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 2110525 0 10950000 0 0 0 0 0 0 0 0 0 false false true true B 1386983 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 5 165058 FAIR MARKET VALUE X 1 893944 FAIR MARKET VALUE false true false 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 IX, LINE 11G ARAMARK $1,776,635 WILEY EDUCATION $1,148,469 BETHEL COLLEGE $ 547,460 CE NATIONAL $ 158,325 REMODEL HEALTH $ 172,407 BRAND POET $ 90,000 OTHER $1,412,216 TOTAL $5,305,512 FORM 990, PART XI, LINE 9 RECONCILIATION OF NET ASSETS CHANGE IN VALUE OF ANNUITIES & TRUSTS $ 63,429 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. 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