The City School

The information on this page was last updated 7/23/2024. 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: Dimitria Davenport

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

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating494 of 112330 of 50
Fund acquisition rating241 of 112423 of 50
Resource allocation rating695 of 112435 of 50
Asset utilization rating635 of 112329 of 50

Financial ratios

Funding ratiosSector median20242023202220212020
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%14%11%11%12%12%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%4%5%5%6%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
12%30%46%49%54%56%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%5%5%5%7%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
88%70%54%51%46%44%
 
Operating ratiosSector median20242023202220212020
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%79%79%79%80%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%90%109%96%91%99%
Program output ratio Program output ratio =
Program services /
Total revenue
78%71%86%76%73%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%10%-9%4%9%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%22%-21%8%16%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
15%16%17%15%14%13%
 
Investing ratiosSector median20242023202220212020
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.510.540.460.370.330.39
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.248.266.395.115.027.60
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.924.482.911.911.642.95
 
Liquidity ratiosSector median20242023202220212020
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.022.453.464.174.652.65
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.330.410.290.240.220.38
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.161.582.934.785.742.53
 
Solvency ratiosSector median20242023202220212020
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
33%73%81%79%81%85%
Debt ratio Debt ratio =
Debt /
Total assets
9%63%76%74%76%79%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
135%50%41%55%59%39%

Financials

Balance sheet
 
Assets20242023202220212020
Cash$289,159$557,182$1,596,555$1,510,522$884,461
Receivables, inventories, prepaids$114,874$156,687$109,142$164,933$53,757
Short-term investments$904,430$1,117,166$754,306$913,417$694,895
Other current assets$0$0$0$0$0
Total current assets$1,308,463$1,831,035$2,460,003$2,588,872$1,633,113
Long-term investments$0$0$0$0$0
Fixed assets$9,242,767$9,655,519$10,062,491$10,292,849$10,684,822
Other long-term assets$260,829$216,129$47,972$111,049$86,191
Total long-term assets$9,503,596$9,871,648$10,110,463$10,403,898$10,771,013
Total assets$10,812,059$11,702,683$12,570,466$12,992,770$12,404,126
 
Liabilities20242023202220212020
Payables and accrued expenses$498,905$469,415$520,421$476,614$535,397
Other current liabilities$35,840$59,035$68,956$80,197$80,585
Total current liabilities$534,745$528,450$589,377$556,811$615,982
Debt$6,846,977$8,846,977$9,346,977$9,846,977$9,846,977
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$480,735$123,633$52,495$66,320$66,320
Total long-term liabilities$7,327,712$8,970,610$9,399,472$9,913,297$9,913,297
Total liabilities$7,862,457$9,499,060$9,988,849$10,470,108$10,529,279
 
Net assets20242023202220212020
Without donor restrictions$2,004,305$1,036,106$1,450,844$1,580,551$1,148,312
With donor restrictions$945,297$1,167,517$1,130,773$942,111$726,535
Net assets$2,949,602$2,203,623$2,581,617$2,522,662$1,874,847
 
Revenues and expenses
 
Revenue20242023202220212020
Total contributions$1,941,428$2,231,888$2,380,036$2,490,606$2,702,914
Program service revenue$2,292,487$2,382,789$2,312,036$2,027,400$2,025,298
Membership dues$0$0$0$0$0
Investment income$31,059$4,604$16,768$11,801$12,202
Other revenue$2,239,704$246,924$184,908$119,325$122,101
Total other revenue$4,563,250$2,634,317$2,513,712$2,158,526$2,159,601
Total revenue$6,504,678$4,866,205$4,893,748$4,649,132$4,862,515
 
Expenses20242023202220212020
Program services$4,628,388$4,193,285$3,718,047$3,376,431$3,844,699
Management and general$961,032$888,598$721,282$582,426$650,692
Fundraising$270,281$244,889$256,100$287,317$324,631
Total expenses$5,859,701$5,326,772$4,695,429$4,246,174$4,820,022
 
Change in net assets20242023202220212020
Surplus (deficit)$644,977($460,567)$198,319$402,958$42,493
Other changes in net assets$0$0$0$0$0
Total change in net assets$644,977($460,567)$198,319$402,958$42,493

Compensation

NameTitleCompensation
Joel R Gainesfmr head of sch$141,215

Compensation data as of: 6/30/2024


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 7/23/2024. 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