Metro Christian Academy Foundation 
The information on this page was last updated 3/13/2023. If you see errors or omissions, please email: [email protected]
Summary
We are a thriving community of faith that cultivates lasting friendships and supports one another through every season of life.
Contact information
Mailing address:
Metro Christian Academy Foundation
6363 S Trenton Ave
Tulsa, OK 74136
Website: metroca.com
Phone: 918.745.9868
Email: [email protected]
Organization details
EIN: 202873984
CEO/President: Keith A. Currivean, Ph.D
Chairman: Greg Grunewald
Board size: 13
Founder:
Ruling year: 2007
Tax deductible: Yes
Fiscal year end: 07/31
Member of ECFA: No
Member of ECFA since: 2019
Purpose
Metro Christian Academy strives to be a regionally recognized Christian college preparatory institution that is noted for its Christian culture, academic success, innovative approaches to learning, and successful programs in the Arts and Athletics for the glory of God.
Mission statement
To provide, in partnership with involved parents, an accredited college preparatory education that is founded on biblical principles, cultivates Christian character, and equips students to excel academically, spiritually, physically, and socially.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 92 of 1094 | 4 of 47 |
| Fund acquisition rating | | 9 of 1097 | 4 of 47 |
| Resource allocation rating | | 10 of 1097 | 1 of 47 |
| Asset utilization rating | | 669 of 1094 | 32 of 47 |
Financial ratios
| Funding ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 3% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 16% | 41% | 43% | 61% | 43% | 30% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 3% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 84% | 59% | 57% | 39% | 57% | 70% |
| Operating ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 91% | 85% | 81% | 88% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 215% | 196% | 143% | 365% | 259% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 195% | 167% | 116% | 320% | 217% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | -115% | -96% | -43% | -265% | -159% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | -3% | -4% | -2% | -5% | -4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 9% | 15% | 19% | 12% | 16% |
| Investing ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.44 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.29 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.55 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 |
| Liquidity ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.23 | 696.01 | 342.34 | 0.00 | 12006.33 | 990.29 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.19 | 203.83 | 166.66 | 161.84 | 170.91 | 167.74 |
| Solvency ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2017 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 32% | 0% | 0% | 0% | 0% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 14% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 138% | 1699% | 1389% | 1349% | 1424% | 1398% |
Financials
| Balance sheet | |||||
| Assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Cash | $30,939 | $89,967 | $112,425 | $102,185 | $114,088 |
| Receivables, inventories, prepaids | $0 | $0 | $2,513 | $0 | $300 |
| Short-term investments | $2,038,997 | $1,661,811 | $1,602,806 | $1,626,727 | $1,602,772 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,069,936 | $1,751,778 | $1,717,744 | $1,728,912 | $1,717,160 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $0 | $0 | $0 | $0 | $0 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total assets | $2,069,936 | $1,751,778 | $1,717,744 | $1,728,912 | $1,717,160 |
| Liabilities | 2021 | 2020 | 2019 | 2018 | 2017 |
| Payables and accrued expenses | $2,974 | $5,117 | $0 | $144 | $1,734 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $2,974 | $5,117 | $0 | $144 | $1,734 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $2,974 | $5,117 | $0 | $144 | $1,734 |
| Net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Without donor restrictions | $0 | ($14,332) | ($12,227) | ($12,226) | ($11,875) |
| With donor restrictions | $2,066,962 | $1,760,993 | $1,729,971 | $1,740,994 | $1,727,301 |
| Net assets | $2,066,962 | $1,746,661 | $1,717,744 | $1,728,768 | $1,715,426 |
| Revenues and expenses | |||||
| Revenue | 2021 | 2020 | 2019 | 2018 | 2017 |
| Total contributions | $23,471 | $27,804 | $54,276 | $14,117 | $14,128 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $33,125 | $36,521 | $35,003 | $19,099 | $33,179 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $33,125 | $36,521 | $35,003 | $19,099 | $33,179 |
| Total revenue | $56,596 | $64,325 | $89,279 | $33,216 | $47,307 |
| Expenses | 2021 | 2020 | 2019 | 2018 | 2017 |
| Program services | $110,147 | $107,306 | $103,696 | $106,346 | $102,556 |
| Management and general | $11,543 | $18,462 | $23,669 | $15,037 | $20,167 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $121,690 | $125,768 | $127,365 | $121,383 | $122,723 |
| Change in net assets | 2021 | 2020 | 2019 | 2018 | 2017 |
| Surplus (deficit) | ($65,094) | ($61,443) | ($38,086) | ($88,167) | ($75,416) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($65,094) | ($61,443) | ($38,086) | ($88,167) | ($75,416) |
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 3/13/2023. To update the information below, please email: [email protected]
History
Since 1983, Metro Christian Academy has partnered with families and their children by providing an interdenominational, Christ-centered, college-preparatory education. For the past forty years, Metro has educated and shepherded over 3,000 Patriots to take their place in our homes, churches, businesses and corporations, and communities - near and far. To preserve this rich heritage, the Metro Christian Academy Foundation was established in 2005.
The mission of Metro Christian Academy's Foundation is to provide resources to further the vision of Metro Christian Academy through fundraising, community relations, and sound advisement. The Metro Foundation, is a nonprofit, volunteer-based organization bringing parents, alumni, small businesses, and corporations together to support Metro Christian Academy and its students. Gifts to the foundation endowments create a sustained benefit to the programs and passions of our Metro patrons. These gifts come in many forms - whether a one-time donation, an ongoing annual pledge, gifts of stock, or even a planned legacy gift through a will or trust. The foundation endowments are critical for Metro, not only to protect and preserve Metro's commitment to the pursuit of excellence through Christ, but likewise for financial stability and independence. For Metro students and their parents, the foundation endowments support affordability by enhancing academic programming and offsetting the annual operating cost - without raising tuition or sacrificing the quality of the Metro Christian Academy experience.
Since 2005, the Foundation's endowment fund has provided over $1.4M (approximately $125K per year) in support to Metro Christian Academy. The endowment fund makes an annual contribution to the school for tuition assistance, staff professional development, support of the Patriot Resource Center, general operating expenses, as well as building and ground maintenance projects.
Many gifts, including gifts of property, life insurance or securities contributed over the years have been given in loving memory or honor of a friend or relative or as a result of someone's dedication and commitment to Metro Christian Academy. These gifts continue to be a source of blessing to Metro and help provide quality Christian education for all of our students.