Public Charity

GRACELAND UNIVERSITY

GRACELAND UNIVERSITY, of LAMONI, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $37.9M in revenue, $50.6M in expenses, $112.7M in total assets. 100 publicly reported grants to this organization, totaling roughly $24.7M, appear in IRS filings.

EIN: 420707114 LAMONI, IA Universities NTEE: B43 Latest filing: 2025
Total Revenue$37.9M
Total Expenses$50.6M
Total Assets$112.7M
Grant Records100
Funding Total$24.7M
Filing Years2021–2025

Mission

SEE SCHEDULE OTHE PRIMARY MISSION OF GRACELAND UNIVERSITY IS TO BE A LEARNING COMMUNITY, WHERE STUDENTS DEVELOP THEIR POTENTIAL FOR MEANINGFUL AND PRODUCTIVE LIVES THROUGH INTELLECTUAL, PHYSICAL, SOCIAL AND SPIRITUAL GROWTH. THIS MISSION IS GUIDED BY THE BELIEF THAT THE CURRICULUM OF GRACELAND UNIVERSITY SHOULD BE FIRMLY ROOTED IN THE BEST LIBERAL ARTS TRADITION, ENHANCED BY PRACTICAL EXPERIENCES THAT PREPARE STUDENTS FOR SUCCESSFUL CAREERS. AS AN INSTITUTION DEDICATED TO THE WORTH OF ALL PERSONS, AS A PART OF ITS MISSION, GRACELAND UNIVERSITY ENDEAVORS TO FOSTER CHRISTIAN VALUES IN HARMONY WITH THE COMMUNITY OF CHRIST, ITS SPONSORING CHURCH. TO ACHIEVE ITS MISSION, GRACELAND UNIVERSITY RELIES UPON AN INSIGHTFUL AND INSPIRED ADMINISTRATION, A COMPETENT AND DEDICATED FACULTY, A COMPASSIONATE AND CARING STAFF, AND INQUIRING STUDENTS COMMITTED TO PARTICIPATE IN THE PROCESS OF LIFE-LONG LEARNING.

Where $100 goes at Graceland University

How Graceland University divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$87 Programs the work itself
$10 Management running the organization
$3 Fundraising raising the next dollar

Inside the $87 for programs

$42
Student services programs, general/other/auxilliary
48% of program spending
$27
Educational programs, general/other
30% of program spending
$17
Student financial aid programs
20% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
GENERAL SUPPORT
$41,284
$10,044
2025
GENERAL SUPPORT
$6,510
2024
GRANTS MADE TO GRACELAND UNIVERSITY, LAMONI, IOWA, A FULLY ACCREDITED 501(C)(3) EDUCATIONAL INSTITUTION. FUNDS ARE USED TO FURTHER THE EDUCATIONAL MISSION OF THE UNIVERSITY. RELATIONSHIP BETWEEN THE ENTITIES MAKES IT POSSIBLE TO ASSURE THAT FUNDS ARE USED IN FURTHERANCE OF THE MISSIONS.
$500,000
2024
For grant recipient's exempt purposes
$217,650

Showing up to 5 of 100 total records — full history available with membership.

Officers & Directors

TRUSTEE Aleksandar Memca
VP - STUDENT LIFE Dave Schaal
VP - ENROLLMENT Deb Skinner
TRUSTEE Emily Hughes
TRUSTEE Gwendolyn Hawks-Blue
TRUSTEE Holly Caskey

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$22,496,661 44 grants
General Support
$1,874,191 42 grants
Sports & Recreation
$160,000 2 grants
Research & Policy
$30,000 2 grants
Environment & Conservation
$3,825 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $37.9M $50.6M $112.7M
2024 $46.8M $57.0M $117.5M
2023 $50.3M $51.6M $127.2M
2022 $55.9M $51.9M $133.8M
2021 $58.0M $48.8M $133.6M

Between 2021 and 2025, reported annual revenue declined from $58.0M to $37.9M (-35%), with total assets most recently reported at $112.7M.

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

See the full picture for GRACELAND UNIVERSITY

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