Grace Christian School of Ocala 
The information on this page was last updated 10/22/2026. If you see errors or omissions, please email: [email protected]
Summary
Grace Christian School is a Christ-centered private school in Ocala serving students from preschool through eighth grade. We partner with families to help children grow academically, spiritually, and personally.
Contact information
Mailing address:
Grace Christian School of Ocala
4410 SE 3rd Ave
Ocala, FL 34480
Website: www.gcsocala.com
Phone: 352.387.3090
Email: [email protected]
Organization details
EIN: 200581148
CEO/President: Thomas Gerds
Chairman: Don Raymond
Board size: 12
Founder:
Ruling year: 2005
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
Through a Christ-centered learning environment, our students are not just gaining a traditional education, they are becoming living examples of a more impactful way of life.
Mission statement
To prepare our children for life and to honor and glorify God in a Christ-centered environment of academic excellence
Statement of faith
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1107 of 1590 | 228 of 273 |
| Fund acquisition rating | | 48 of 1591 | 34 of 273 |
| Resource allocation rating | | 1449 of 1591 | 254 of 273 |
| Asset utilization rating | | 1420 of 1590 | 254 of 273 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 12% | 25% | 38% | 24% | 12% | 11% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 88% | 75% | 62% | 76% | 88% | 89% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 66% | 65% | 55% | 74% | 61% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 72% | 56% | 72% | 77% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 48% | 36% | 40% | 57% | 60% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 28% | 44% | 28% | 23% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 14% | 25% | 15% | 12% | 1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 34% | 35% | 45% | 26% | 39% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.54 | 0.24 | 0.25 | 0.26 | 0.24 | 0.23 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.21 | 5.87 | 3.75 | 5.10 | 8.92 | 11.27 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.98 | 1.38 | 0.92 | 1.34 | 2.12 | 2.62 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 35.21 | 19.05 | 9.93 | 7.00 | 3.45 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.03 | 0.05 | 0.10 | 0.14 | 0.29 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.53 | 8.42 | 12.38 | 8.05 | 4.84 | 3.26 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 31% | 32% | 25% | 33% | 38% | 44% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 31% | 24% | 31% | 36% | 39% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 116% | 289% | 306% | 256% | 262% | 239% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $2,358,193 | $2,451,746 | $1,004,227 | $812,919 | $644,296 |
| Receivables, inventories, prepaids | $25,610 | $37,043 | $73,542 | $48,070 | $16,848 |
| Short-term investments | $0 | $349,341 | $647,763 | $41,295 | $46,834 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,383,803 | $2,838,130 | $1,725,532 | $902,284 | $707,978 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $11,557,911 | $6,932,487 | $7,025,078 | $7,137,183 | $7,262,057 |
| Other long-term assets | $49,604 | $868,544 | $42,493 | $6,702 | $8,617 |
| Total long-term assets | $11,607,515 | $7,801,031 | $7,067,571 | $7,143,885 | $7,270,674 |
| Total assets | $13,991,318 | $10,639,161 | $8,793,103 | $8,046,169 | $7,978,652 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $45,601 | $102,102 | $0 | $0 | $69,787 |
| Other current liabilities | $22,102 | $46,887 | $173,823 | $128,812 | $135,137 |
| Total current liabilities | $67,703 | $148,989 | $173,823 | $128,812 | $204,924 |
| Debt | $4,389,149 | $2,518,679 | $2,699,613 | $2,893,213 | $3,072,237 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $265,067 |
| Total long-term liabilities | $4,389,149 | $2,518,679 | $2,699,613 | $2,893,213 | $3,337,304 |
| Total liabilities | $4,456,852 | $2,667,668 | $2,873,436 | $3,022,025 | $3,542,228 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $7,921,494 | $5,869,667 | $4,945,933 | $4,533,594 | $4,065,651 |
| With donor restrictions | $1,612,972 | $2,101,826 | $973,734 | $490,550 | $370,773 |
| Net assets | $9,534,466 | $7,971,493 | $5,919,667 | $5,024,144 | $4,436,424 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $1,134,115 | $1,746,957 | $772,359 | $302,632 | $202,221 |
| Program service revenue | $2,976,479 | $2,397,426 | $2,131,786 | $1,735,809 | $1,588,516 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $99,708 | $81,665 | $18,026 | ($6,278) | $9,450 |
| Other revenue | $383,844 | $399,756 | $287,426 | $464,775 | $93,478 |
| Total other revenue | $3,460,031 | $2,878,847 | $2,437,238 | $2,194,306 | $1,691,444 |
| Total revenue | $4,594,146 | $4,625,804 | $3,209,597 | $2,496,938 | $1,893,665 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $2,184,835 | $1,682,102 | $1,275,455 | $1,412,675 | $1,129,468 |
| Management and general | $1,116,071 | $925,435 | $1,038,619 | $503,494 | $723,312 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $3,300,906 | $2,607,537 | $2,314,074 | $1,916,169 | $1,852,780 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $1,293,240 | $2,018,267 | $895,523 | $580,769 | $40,885 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,293,240 | $2,018,267 | $895,523 | $580,769 | $40,885 |
Compensation
Compensation data for this ministry has not been collected.
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 10/22/2026. To update the information below, please email: [email protected]
History
For nearly sixty years, Grace Christian School has partnered with families in Ocala to provide a Christ-centered education that emphasizes both academic excellence and spiritual growth. Our mission is to equip students to impact their world for Christ by developing their hearts, minds, and character.