Timothy Christian Schools

The information on this page was last updated 4/24/2024. If you see errors or omissions, please email: [email protected]


Summary

Timothy Christian Schools is a fully accredited, Pre-12th grade Non-denominational, Biblically-rooted school. What we aspire to do - educate servant leaders - has not changed for over a hundred years. For generations, teachers, coaches, and staff have helped students identify and nurture their God-given gifts and talents. By God's grace, we will continue to educate servant leaders who glorify God for generations.

We see our students as individuals with God-given gifts and talents. From personalized and targeted instruction in the classroom - we combine challenging programs with a Christ-centered community. We want our students to live up to their full God-given potential.


Contact information

Mailing address:
Timothy Christian Schools
188 West Butterfield Rd
Elmhurst, IL 60126

Website: timothychristian.com

Phone: 630-833-4616

Email: [email protected]


Organization details

EIN: 361870590

CEO/President: Matt Davidson, Superintendent

Chairman: P.J. Huizenga

Board size: 18

Founder:

Ruling year: 1957

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2020


Purpose

Vision: Timothy Christian Schools will develop life-long learners and servant leaders who fully live out their purpose in the world for Christ.


Mission statement

For the glory of God, Timothy Christian Schools exists to uphold biblical truth, ignite academic growth, and inspire courageous leadership one student at a time.


Statement of faith

Timothy Christian Schools upholds the basic tenants of the Christian faith as outlined in the Apostles Creed.

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 rating363 of 111025 of 49
Fund acquisition rating13 of 111110 of 49
Resource allocation rating533 of 111122 of 49
Asset utilization rating807 of 111043 of 49

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%5%6%3%14%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%2%2%1%3%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
16%36%36%46%19%36%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%2%2%2%2%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
84%64%64%54%81%64%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%84%84%84%86%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%81%85%67%137%77%
Program output ratio Program output ratio =
Program services /
Total revenue
77%68%71%56%118%65%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%19%15%33%-37%23%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%10%8%22%-20%13%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%14%14%14%12%13%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.490.400.420.410.670.38
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.156.995.705.0413.455.59
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.592.802.392.078.952.14
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
2.792.262.266.061.733.15
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.360.440.440.170.580.32
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.542.392.804.840.563.82
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
32%7%8%8%13%12%
Debt ratio Debt ratio =
Debt /
Total assets
9%0%0%4%8%6%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
147%234%219%224%131%229%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$754,237$2,392,865$2,943,208$250,107$2,640,390
Receivables, inventories, prepaids$5,685,474$4,854,173$4,557,072$2,074,160$4,038,536
Short-term investments$0$0$0$0$7,026
Other current assets$0$0$0$0$0
Total current assets$6,439,711$7,247,038$7,500,280$2,324,267$6,685,952
Long-term investments$0$0$0$0$4,725,419
Fixed assets$38,585,106$34,028,983$30,286,982$28,940,600$25,938,962
Other long-term assets$5,473$4,743$0$0$0
Total long-term assets$38,590,579$34,033,726$30,286,982$28,940,600$30,664,381
Total assets$45,030,290$41,280,764$37,787,262$31,264,867$37,350,333
 
Liabilities20222021202020192018
Payables and accrued expenses$2,496,866$2,512,921$1,071,884$1,159,562$1,891,286
Other current liabilities$354,006$693,860$166,085$185,674$231,898
Total current liabilities$2,850,872$3,206,781$1,237,969$1,345,236$2,123,184
Debt$0$0$1,656,354$2,644,625$2,315,007
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$79,177$131,180$97,280$28,321$80,023
Total long-term liabilities$79,177$131,180$1,753,634$2,672,946$2,395,030
Total liabilities$2,930,049$3,337,961$2,991,603$4,018,182$4,518,214
 
Net assets20222021202020192018
Without donor restrictions$33,023,542$30,384,538$26,928,355$25,226,058$28,854,046
With donor restrictions$9,076,699$7,558,265$7,867,304$2,020,627$3,978,073
Net assets$42,100,241$37,942,803$34,795,659$27,246,685$32,832,119
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$7,960,141$7,390,819$10,543,327$2,900,386$6,628,807
Program service revenue$14,081,730$12,710,008$12,099,217$11,677,216$11,355,608
Membership dues$0$0$0$0$0
Investment income($195,272)$2,211$2,922$80,481$36,319
Other revenue$328,388$343,563$435,521$567,377$610,954
Total other revenue$14,214,846$13,055,782$12,537,660$12,325,074$12,002,881
Total revenue$22,174,987$20,446,601$23,080,987$15,225,460$18,631,688
 
Expenses20222021202020192018
Program services$15,089,925$14,475,560$13,029,058$17,905,918$12,105,277
Management and general$2,532,795$2,394,919$2,192,324$2,505,879$1,823,492
Fundraising$394,829$428,978$310,631$399,097$396,392
Total expenses$18,017,549$17,299,457$15,532,013$20,810,894$14,325,161
 
Change in net assets20222021202020192018
Surplus (deficit)$4,157,438$3,147,144$7,548,974($5,585,434)$4,306,527
Other changes in net assets$0$0$0$0$0
Total change in net assets$4,157,438$3,147,144$7,548,974($5,585,434)$4,306,527

Compensation

NameTitleCompensation
Matt DavidsonSuperintendent$310,639
Kevin HackertDirector of IT$181,652
Bradford MitchellHS Principal$153,294
Michael VanDerAaDirector of Marketing$150,052
Justin HorneP-8 Principal$143,063
Bob VenhousenDirector of Advancement$138,138
Tyler VanderBrugDirector of Finance & Operations$105,363
Jennifer DavidDirector$1,470

Compensation data as of: 6/30/2022


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 4/24/2024. To update the information below, please email: [email protected]


History

Per Wikipedia:

The school began as a vision of several members of Douglas Park Christian Reformed Church. In April 1907, a Society for Christian Instruction was formed to explore the possibility of founding a school in the neighborhood known as the "Groninger Hoek." After a year of growth, the society chose the name "Timothy" for their proposed school to honor the New Testament evangelist who had been raised in a Christian home and given spiritual instruction by the apostle Paul. By August 1911, the society had raised enough funds to open the school. They did so above several retail establishments on Roosevelt Road on Chicago's west side.

After a year in this building, the society purchased a lot on the corner of 13th street and Tripp Avenue, a few blocks away from the original premises. This lot was purchased for $1,500. The school would remain in this building for only fifteen years, but in 1916, they received full accreditation from the Chicago Board of Education. The school continued to add rooms to the basement in order to accommodate more students. Initially, the school only served elementary students. By 1918, students were able to continue their education at Chicago Christian High School in the Englewood neighborhood.

Much of the instruction of the students was undertaken in Dutch to help students maintain a link to their Dutch heritage. Very early, though, the school opened its doors to students of diverse nationalities and religious doctrines. By 1926, the school board made a resolution to maintain its minutes in English instead of Dutch. This also came at the same time that the school was paying off the last of its debt before the stock market crash of 1929 and before moving to a new location.


Program accomplishments


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