Grace Christian Preschool of Carrollton
Public records show a registered, tax-exempt organization in good standing.
What it says it does
GRACE CHIRISTIAN PRESCHOOL OF CARROLLTON IS AN EDUCATIONAL ORGANIZATION WITH A SET CURRICULUM AIMED AT PROVIDING PARENTS WITH THE PEACE OF MIND THAT THEIR CHILD IS RECEIVEING MORE THAN A RUDIMENTARY DAYCARE EXPERIENCE THE CHILDREN ARE DIVIDED INTO CLASSES BASED ON AGE AND DEVELOPMENT LEVEL. EACH CLASS IS SUPERVISED BY A TEACHER AND DAILY SCHEDULED ACTIVITIES ARE DESIGNED TO MEET THE SOCIAL, EMOTIONAL, PHYSICAL, AND INTELLECTUAL NEEDS OF THE CHILDREN. IT IS TEH SCHOOL'S DESIRE TO OFFER THIS OPPORTUNITY TO FAMILES WHO MIGHT NOT BE ABLE TO AFFORD THE SERVICES, AND THEREFORE, DONATIONS WILL BE USED TO OFFSET OPERATING EXPENSES WHICH WILL ALLOW THE SCHOOL TO MAINTAIN LOWER TUITION COSTS OVERALL.
- Income
- $586,655
- Spending
- $585,995
- Spent on programs
- 93%
- Reserves
- 0.8 months of spending
- Largest source of income
- fees for its services, 99%
- Employees
- 24
- Highest pay
- $45,000, treasurer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 56 out of 100. Higher than 23% of charities in its peer group (education, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
5 of 15Income fell 12% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 28 out of 100. Higher than 6% of charities in its peer group (education, $250k to $1m).
Independent board
0 of 250 of 0 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- 2024 ENROLLMENT INCREASED TO 64. THERE ARE 17 EMPLOYEES, 15 TEACHERS, ONE COOK, AND ONE CLEANER. TWO TEACHERS ARE PRIOR HIGH SCHOLL TEEN MOMS WHO HAD THEIR BABIES IN THE PROGRAM. IN 2024, WE PARTNERED WITH HIGH SCHOOL COUNSELORS TO PROVIDE CARE FOR TEEN MOMS AND THEIR CHILDREN. WE ALSO PARTNER WITH LOCAL ELEMENTARY SCHOOLS WHICH CANOT ACCOMODATE AFTER SCHOOL PROGRAMS. 95% OF ENROLLED FAMILES ARE ON TEXAS CHILDCARE ASSISTANCE. WE PROVIDE FULL SCHOLARSHIPS TOLOW-INCOME FAMILES THAT WORK WITH CPS. WE ALSO PROVIDE MEALS THROUGH OUR FOOD PROGRAM AND CLOTHING PANTRY. 2024 ENROLLMENT WAS 64 STUDENTS. THE SCHOOL HAS 17 EMPLOYEES OF WHICH 15 ARE TEACHERS. THE SCHOOL PARTNERED WITH THE HIGH SCHOOL TO HELP 4 STUDENTS WITH BABIES TO GRADUATE. IT ALSO PARTNERED WITH LOCAL ELEMENTARY SCHOOLS WITH AFTER SCHOOL CARE. 95% OF THE FAMILIES ARE ON TEXAS CHILDCARE ASSISTANCE. THREE FULL SCHOLARSHIPS WERE PROVIDED TO LOW INCOME FAMILIES WORKING WITH CHILD PROTECTIVE SERVICES. THE SCHOOL ALSO HAS A FOOD AND CLOTHING PANTRY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2013.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.