United Faith Christian Academy 


The information on this page was last updated 7/3/2026. If you see errors or omissions, please email: [email protected]
Summary
At UFCA, we are driven by the biblical view that placing others' needs before ours is essential for fulfilling our purpose.
Contact information
Mailing address:
United Faith Christian Academy
8617 Providence Road
Charlotte, NC 28277
Website: ufca.org
Phone: (704) 541-1742
Email: [email protected]
Organization details
EIN: 261253984
CEO/President: Susan Blumenthal
Chairman: Markus Moore
Board size: 5
Founder:
Ruling year: 2008
Tax deductible: Yes
Fiscal year end: 07/31
Member of ECFA: No
Member of ECFA since:
Purpose
United Faith Christian Academy is committed to impact the world for Christ by developing and educating the body, soul and spirit through the passionate teaching of a Christ-centered curriculum in a Christ-centered environment.
Mission statement
To create a powerful learning environment for our students that nurtures in them not only the educational tools and mindset that they need to "succeed" in their academic pursuits, but also a deep appreciation for understanding their faith and living according to its principles.
Statement of faith
We believe that there is one God eternally existing in three persons: the Father, the Son, and the Holy Spirit.
We believe that the Bible is God's written revelation to man and that it is verbally inspired, authoritative, and without error in the original manuscripts.
We believe in the deity of Jesus Christ, His virgin birth, sinless life, miracles, death on the cross to provide for our redemption, bodily resurrection and ascension into heaven, present ministry of intercession for us and His return to earth in power and glory.
We believe in the personality and deity of the Holy Spirit, that He performs the miracle of the new birth in an unbeliever and indwells believers, enabling them to live a godly life.
We believe that man was created in the image of God, but because of sin, was alienated from God. That alienation can be removed only by accepting through faith alone God's gift of salvation, which was made possible by Christ's death.
Donor confidence score

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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 | ![]() ![]() ![]() | 646 of 1412 | 107 of 180 |
| Fund acquisition rating | ![]() ![]() | 660 of 1412 | 111 of 180 |
| Resource allocation rating | ![]() | 1321 of 1412 | 172 of 180 |
| Asset utilization rating | ![]() ![]() ![]() ![]() ![]() | 41 of 1413 | 4 of 180 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 14% | 4% | 12% | 36% | 26% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 0% | 0% | 1% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 1% | 5% | 5% | 3% | 4% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 0% | 0% | 1% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 99% | 95% | 95% | 97% | 96% |
| Operating ratios | Sector median | 2024 | 2023 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 36% | 88% | 89% | 88% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 33% | 99% | 106% | 100% | 105% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 12% | 88% | 95% | 88% | 94% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 67% | 1% | -6% | 0% | -5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 526% | 2% | -12% | 0% | -10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 64% | 11% | 10% | 11% | 10% |
| Investing ratios | Sector median | 2024 | 2023 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.54 | 0.66 | 0.64 | 0.57 | 0.56 | 0.55 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.07 | 100.22 | 104.66 | 11.93 | 12.32 | 9.85 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.79 | 65.76 | 66.92 | 6.81 | 6.96 | 5.43 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.79 | 0.08 | 0.08 | 0.73 | 1.21 | 1.43 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 11.86 | 11.86 | 1.36 | 0.83 | 0.70 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.98 | -1.98 | -1.95 | -0.64 | 0.29 | 0.67 |
| Solvency ratios | Sector median | 2024 | 2023 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 29% | 75% | 71% | 74% | 72% | 74% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 62% | 59% | 62% | 65% | 66% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 119% | 39% | 45% | 45% | 50% | 48% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2021 | 2020 | 2019 |
| Cash | $30,025 | $30,024 | $299,716 | $300,854 | $401,049 |
| Receivables, inventories, prepaids | $0 | $0 | $0 | $0 | $0 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $30,025 | $30,024 | $299,716 | $300,854 | $401,049 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $2,979,007 | $3,111,301 | $3,272,573 | $3,399,441 | $3,539,765 |
| Other long-term assets | $0 | $931 | $4,663 | $6,529 | $8,395 |
| Total long-term assets | $2,979,007 | $3,112,232 | $3,277,236 | $3,405,970 | $3,548,160 |
| Total assets | $3,009,032 | $3,142,256 | $3,576,952 | $3,706,824 | $3,949,209 |
| Liabilities | 2024 | 2023 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $17,575 | $17,456 | $8,000 | $7,281 | $6,126 |
| Other current liabilities | $338,536 | $338,536 | $400,404 | $242,318 | $274,156 |
| Total current liabilities | $356,111 | $355,992 | $408,404 | $249,599 | $280,282 |
| Debt | $1,876,248 | $1,863,073 | $2,232,048 | $2,406,054 | $2,619,060 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 |
| Total long-term liabilities | $1,886,248 | $1,873,073 | $2,242,048 | $2,416,054 | $2,629,060 |
| Total liabilities | $2,242,359 | $2,229,065 | $2,650,452 | $2,665,653 | $2,909,342 |
| Net assets | 2024 | 2023 | 2021 | 2020 | 2019 |
| Without donor restrictions | $760,183 | $906,600 | $923,078 | $1,024,240 | $1,030,567 |
| With donor restrictions | $6,490 | $6,591 | $3,422 | $16,931 | $9,300 |
| Net assets | $766,673 | $913,191 | $926,500 | $1,041,171 | $1,039,867 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2021 | 2020 | 2019 |
| Total contributions | $43,871 | $91,355 | $105,342 | $65,903 | $76,764 |
| Program service revenue | $2,903,635 | $1,922,545 | $1,820,175 | $1,768,682 | $1,995,874 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,072 | $11,486 | $315 | $918 | $3,733 |
| Other revenue | $3,057,219 | $0 | $0 | $258,600 | $0 |
| Total other revenue | $5,961,926 | $1,934,031 | $1,820,490 | $2,028,200 | $1,999,607 |
| Total revenue | $6,005,797 | $2,025,386 | $1,925,832 | $2,094,103 | $2,076,371 |
| Expenses | 2024 | 2023 | 2021 | 2020 | 2019 |
| Program services | $713,094 | $1,778,052 | $1,825,556 | $1,846,074 | $1,946,509 |
| Management and general | $1,255,073 | $227,277 | $202,580 | $223,135 | $209,069 |
| Fundraising | $6,245 | $4,025 | $12,367 | $23,590 | $20,196 |
| Total expenses | $1,974,412 | $2,009,354 | $2,040,503 | $2,092,799 | $2,175,774 |
| Change in net assets | 2024 | 2023 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $4,031,385 | $16,032 | ($114,671) | $1,304 | ($99,403) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $4,031,385 | $16,032 | ($114,671) | $1,304 | ($99,403) |
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 7/3/2026. To update the information below, please email: [email protected]
