The City School

The information on this page was last updated 3/14/2023. If you see errors or omissions, please email: [email protected]


Summary

ONE CHILD AT A TIME - The City School is a Pre-K to Grade 12 Christian school in the heart of Philadelphia. We believe an excellent education should be accessible for families in the city.


Contact information

Mailing address:
The City School
4115 Baltimore Avenue
Philadelphia, PA 19104

Website: cityschool.org

Phone: 215-382-7839

Email: [email protected]


Organization details

EIN: 232073123

CEO/President: Joel Gaines

Chairman: J. Richard Thomas

Board size: 12

Founder: James Petty / Paul Miller

Ruling year: 1979

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2011


Purpose

Our rigorous college-preparatory program prepares students for success in their lifelong pursuit of learning. We instill a genuine love of learning in our students.


Mission statement

The City School's mission is to train students' minds, disciple their hearts and bring light to the city-one child at a time. Since 1978, our commitment to this mission has guided us as we prepare students to thrive in school, in college, at home, and in all of life.


Statement of faith

At The City School, education is grounded in our Christian faith which flows from the conviction that the Bible is the inspired and authoritative word of God, the only infallible rule of faith and practice. We therefore affirm the following:

That there is only one sovereign God, eternally existent in three persons: Father, Son, and Holy Spirit. The full deity-and-humanity of our Lord Jesus Christ, his virgin birth, sinless life, and proclamation of the kingdom through word and deed, leading to his atoning death in which he was made to be sin and through which believers are reconciled to God; his bodily resurrection, ascension to the right hand of God the Father and personal return in power and glory. That all humanity has sinned-rebelled against God-and fallen short of the glory of God, resulting in spiritual and physical death. That a person is justified and reconciled with God by grace alone through faith alone in the Lord Jesus Christ alone. That unless a person is spiritually reborn by the Holy Spirit he or she will not enter the kingdom of heaven. The present ministry of the Holy Spirit, whose indwelling enables the Christian to walk by the Spirit, demonstrate the fruit of the Spirit, and follow Jesus through self-denial and cross-bearing. The continuing ministry of the Spirit to create the church, God's holy nation, and empower her to carry on the work that Jesus began while on earth, making disciples and bearing witness to the hope of the gospel. The spiritual unity of believers in our Lord Jesus Christ and his church. The will of God, revealed in the Bible, is for shalom-peace, reconciliation, and harmony between God, humanity, and creation-realized through faith in and obedience to Jesus Christ, who is the true source of peace and reconciliation. The fulfillment of God's kingdom when Jesus returns in glory to judge the living and the dead, ending the struggles of this age and bringing God's final victory in a new heaven and a new earth.

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating442 of 111235 of 49
Fund acquisition rating51 of 111315 of 49
Resource allocation rating813 of 111339 of 49
Asset utilization rating615 of 111233 of 49

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%11%11%12%12%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%5%5%6%7%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
16%46%49%54%56%52%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%5%5%7%7%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
84%54%51%46%44%48%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%79%79%80%80%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%109%96%91%99%112%
Program output ratio Program output ratio =
Program services /
Total revenue
77%86%76%73%79%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%-9%4%9%1%-12%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%-21%8%16%2%-28%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%17%15%14%13%18%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.490.460.370.330.390.39
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.156.395.115.027.607.51
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.592.911.911.642.952.91
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
2.793.464.174.652.652.26
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.360.290.240.220.380.44
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.542.934.785.742.532.30
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
32%81%79%81%85%85%
Debt ratio Debt ratio =
Debt /
Total assets
9%76%74%76%79%79%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
147%41%55%59%39%38%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$557,182$1,596,555$1,510,522$884,461$840,385
Receivables, inventories, prepaids$156,687$109,142$164,933$53,757$84,656
Short-term investments$1,117,166$754,306$913,417$694,895$736,687
Other current assets$0$0$0$0$0
Total current assets$1,831,035$2,460,003$2,588,872$1,633,113$1,661,728
Long-term investments$0$0$0$0$0
Fixed assets$9,655,519$10,062,491$10,292,849$10,684,822$10,806,367
Other long-term assets$216,129$47,972$111,049$86,191$11,054
Total long-term assets$9,871,648$10,110,463$10,403,898$10,771,013$10,817,421
Total assets$11,702,683$12,570,466$12,992,770$12,404,126$12,479,149
 
Liabilities20232022202120202019
Payables and accrued expenses$469,415$520,421$476,614$535,397$643,560
Other current liabilities$59,035$68,956$80,197$80,585$92,245
Total current liabilities$528,450$589,377$556,811$615,982$735,805
Debt$8,846,977$9,346,977$9,846,977$9,846,977$9,897,500
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$123,633$52,495$66,320$66,320$6,000
Total long-term liabilities$8,970,610$9,399,472$9,913,297$9,913,297$9,903,500
Total liabilities$9,499,060$9,988,849$10,470,108$10,529,279$10,639,305
 
Net assets20232022202120202019
Without donor restrictions$1,036,106$1,450,844$1,580,551$1,148,312$978,144
With donor restrictions$1,167,517$1,130,773$942,111$726,535$861,700
Net assets$2,203,623$2,581,617$2,522,662$1,874,847$1,839,844
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$2,231,888$2,380,036$2,490,606$2,702,914$2,249,974
Program service revenue$2,382,789$2,312,036$2,027,400$2,025,298$1,981,442
Membership dues$0$0$0$0$0
Investment income$4,604$16,768$11,801$12,202$8,554
Other revenue$246,924$184,908$119,325$122,101$76,178
Total other revenue$2,634,317$2,513,712$2,158,526$2,159,601$2,066,174
Total revenue$4,866,205$4,893,748$4,649,132$4,862,515$4,316,148
 
Expenses20232022202120202019
Program services$4,193,285$3,718,047$3,376,431$3,844,699$3,696,127
Management and general$888,598$721,282$582,426$650,692$854,471
Fundraising$244,889$256,100$287,317$324,631$287,736
Total expenses$5,326,772$4,695,429$4,246,174$4,820,022$4,838,334
 
Change in net assets20232022202120202019
Surplus (deficit)($460,567)$198,319$402,958$42,493($522,186)
Other changes in net assets$0$0$0$0$0
Total change in net assets($460,567)$198,319$402,958$42,493($522,186)

Compensation

NameTitleCompensation
Joel R Gaineshead of school$137,516
Danielle JeffriesDir of Finance$93,581

Compensation data as of: 6/30/2023


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 3/14/2023. To update the information below, please email: [email protected]


History

For a timeline, Visit: https://cityschool.org/about/history/


Program accomplishments

For the past 10 years, 100% of our high school graduates have been accepted into a college of their choice. Recent graduates have been accepted to schools like Brown University, Wheaton College, University of Pennsylvania, Savannah College of Art and Design, The Royal Academy of Music, and Oberlin College. Our College Guidance Counselor works closely with students to ensure they find a school where they will continue to thrive in their lifelong pursuit of learning.


Needs