SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Grace Academy Inc
Hartford, CT · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
Grace Academy Inc looks durable. The school holds 3.9 years of operating cushion: deep institutional balance. Revenue is unusually diversified at 0% tuition-dependent (peer median 78%). Staff compensation runs 68% of expenses, leaner than the peer median. Net assets are growing 10.3%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 9.4 / 10, strong.
Grace Academy Inc runs only 0% tuition-dependent — unusually diversified for an independent school. Endowment payout and contributions carry meaningful weight in the operating budget.
Grace Academy Inc reported $2.3M in revenue against $1.5M in expenses in fiscal year 2024, the most recent filing on record. Net assets stood at $5.8M — about 3.94x annual operating expense.
Operating margin landed at 34.9%, with 0.3% of revenue coming from tuition. Among same-size peers, that puts Grace Academy Inc at the p67 on operating margin.
$2.3M
REVENUE FY2024
34.9%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2024
THE FULL REPORT
Subscribe to see the full report.
Ten panels on Grace Academy Inc: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
ANNUAL SUBSCRIPTION · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT
WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Grace Academy Inc ranks 17th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
The full school report
Ten panels. One school. A year of access.
$250 a year — or $100 the first year for the founding 100.
ANNUAL SUBSCRIPTION · $100 FIRST YEAR FOR FOUNDING MEMBERS · CANCEL ANYTIME · 99 FOUNDING SPOTS LEFT