Public Charity

Grace Covenant Academy

Grace Covenant Academy is a nonprofit organization categorized as Public Charity based in Frisco, TX. Its most recent IRS filing (2025) reports revenue of $1.7M, expenses of $1.5M, total assets of $313K. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $188K.

EIN: 270533151 Frisco, TX Latest filing: 2025
Total Revenue$1.7M
Total Expenses$1.5M
Total Assets$313K
Grant Records10
Funding Total$188K
Filing Years2021–2025

Mission

To assist and coach Christian parents in educating their children in a gospel-centered, academically excellent environment, teaching students to view all things through God's Word, cultivate a love for Him, apply His truth, and make His name known in the world.

Officers & Directors

Secretary Amy Smith
President Brian P Smith
Board Member John S Eibel

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED
$104,846 4 grants
GENERAL SUPPORT
$27,000 2 grants
Unrestricted
$23,259 1 grant
GROWTH
$20,000 1 grant
For grant recipient's exempt purposes
$7,700 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.7M $1.5M $313K
2024 $1.7M $1.5M $313K
2023 $1.4M $1.4M $187K
2022 $1.1M $1.0M $154K
2021 $906K $840K $152K

Between 2021 and 2025, reported annual revenue grew from $906K to $1.7M (+90%), with total assets most recently reported at $313K.

Interactive year-over-year charts and full filing details available with membership.

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