Holy Trinity Classical Christian School 
The information on this page was last updated 9/29/2026. If you see errors or omissions, please email: [email protected]
Summary
Where the classics are appreciated and Christ is worshipped!
Contact information
Mailing address:
Holy Trinity Classical Christian School
302 Burroughs Ave
Beaufort, SC 29902
Website: htccs.org
Phone: (843) 522-0660
Email: [email protected]
Organization details
EIN: 452702539
CEO/President: Minnie Bullock
Chairman: Maria Jones
Board size: 10
Founder:
Ruling year: 2014
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
We cultivate joyful, virtuous, and wise citizens whose lives are built upon the bedrock of faith in Christ, taking His Gospel to the ends of the earth.
Mission statement
The Mission of the School is to be distinctly classical and distinctively Christian, entering into a partnership with parents as we educate students in grades Preschool through 12th with a Biblical worldview. The school will be committed to the pursuit of truth, wisdom, scholastic excellence, and the love of learning. With the Holy Scriptures as the foundation for all they learn, our students will be ambassadors of the Kingdom of God, prepared to defend and advance the apostolic Christian faith.
Statement of faith
We believe in the Triune God: Father, Son, and Holy Spirit; one God, three distinct Persons.
We believe in the Holy Scriptures as divine revelation, inerrantly inspired by God, containing all things necessary to salvation and the practice of life.
We believe in the One Savior of mankind, Jesus Christ, who in His person is both fully God and fully man; of one substance with the Father as regards his Godhead, and at the same time of one substance with us as regards his manhood.
We believe in the perfect obedience of Christ, His true and actual suffering, His substitutionary and atoning death on the cross, and His bodily resurrection and ascension as the only means given for our salvation and reconciliation with God.
We believe in faith alone as the only grounds for the merits of Christ being imputed to us for our justification before God (justification by grace alone through faith alone in Christ alone).
We believe in the consummate return of Jesus Christ in glory to judge the living and the dead, and a belief in the bodily resurrection from the dead of all people and their entrance into either eternal damnation or everlasting blessedness.
We believe in the One, Holy, catholic, and Apostolic Church as those souls that have been redeemed entirely by the work of Christ and called out of bondage into freedom, out of darkness into light, out of error into truth, out of death into eternal life.
We believe that the church exists to worship the Triune God and to lift up the Savior Jesus Christ before all people through the faithful preaching and teaching of the Gospel, through prayer, and through the faithful administration of the sacraments of Baptism and the Lord's Supper (Holy Communion or the Eucharist).
We believe that the Historic creeds of the Church accurately express the essence of the Christian faith.
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 | | 1060 of 1538 | 185 of 249 |
| Fund acquisition rating | | 1325 of 1539 | 219 of 249 |
| Resource allocation rating | | 91 of 1539 | 14 of 249 |
| Asset utilization rating | | 1403 of 1539 | 233 of 249 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 23% | 15% | 22% | 15% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 5% | 3% | 4% | 4% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 20% | 21% | 19% | 26% | 66% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 4% | 3% | 4% | 4% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 80% | 79% | 81% | 74% | 34% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 94% | 94% | 93% | 93% | 90% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 110% | 101% | 101% | 97% | 47% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 103% | 95% | 94% | 90% | 43% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | -10% | -1% | -1% | 3% | 53% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | -6% | -1% | -1% | 2% | 60% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 2% | 3% | 3% | 3% | 2% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.55 | 0.43 | 0.43 | 0.43 | 0.48 | 0.43 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.06 | 12.23 | 8.96 | 5.14 | 1.76 | 1.76 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.00 | 5.28 | 3.84 | 2.21 | 0.84 | 0.75 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.78 | 2.09 | 3.16 | 3.73 | 15.57 | 13.78 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.36 | 0.48 | 0.32 | 0.27 | 0.06 | 0.07 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.46 | 1.18 | 2.14 | 3.98 | 13.30 | 14.79 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 30% | 39% | 38% | 31% | 21% | 22% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 35% | 35% | 26% | 18% | 18% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 115% | 142% | 144% | 160% | 164% | 183% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $800,980 | $824,443 | $1,161,589 | $3,869,501 | $2,997,770 |
| Receivables, inventories, prepaids | $218,342 | $650,925 | $1,139,123 | $2,025,362 | $3,141,839 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,019,322 | $1,475,368 | $2,300,712 | $5,894,863 | $6,139,609 |
| Long-term investments | $1,684,655 | $1,667,180 | $1,592,997 | $1,453,704 | $1,895,018 |
| Fixed assets | $9,751,772 | $10,062,633 | $7,931,317 | $3,014,660 | $2,781,830 |
| Other long-term assets | $10,425 | $9,865 | $9,803 | $2,509 | $2,509 |
| Total long-term assets | $11,446,852 | $11,739,678 | $9,534,117 | $4,470,873 | $4,679,357 |
| Total assets | $12,466,174 | $13,215,046 | $11,834,829 | $10,365,736 | $10,818,966 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $160,610 | $262,220 | $136,637 | $145,508 | $129,363 |
| Other current liabilities | $327,693 | $204,811 | $479,596 | $233,080 | $316,096 |
| Total current liabilities | $488,303 | $467,031 | $616,233 | $378,588 | $445,459 |
| Debt | $4,333,385 | $4,614,484 | $3,102,380 | $1,821,861 | $1,896,178 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $3,410 | $0 |
| Total long-term liabilities | $4,333,385 | $4,614,484 | $3,102,380 | $1,825,271 | $1,896,178 |
| Total liabilities | $4,821,688 | $5,081,515 | $3,718,613 | $2,203,859 | $2,341,637 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $5,539,340 | $5,558,847 | $4,895,781 | $1,268,896 | $1,397,561 |
| With donor restrictions | $2,105,146 | $2,574,684 | $3,220,435 | $6,892,981 | $7,079,768 |
| Net assets | $7,644,486 | $8,133,531 | $8,116,216 | $8,161,877 | $8,477,329 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $980,458 | $1,197,968 | $964,462 | $1,360,212 | $6,444,489 |
| Program service revenue | $3,608,427 | $4,198,442 | $3,747,361 | $3,391,246 | $3,035,101 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $233,923 | $126,074 | $190,918 | $264,786 | $159,024 |
| Other revenue | $71,687 | $86,347 | $133,102 | $127,389 | $97,252 |
| Total other revenue | $3,914,037 | $4,410,863 | $4,071,381 | $3,783,421 | $3,291,377 |
| Total revenue | $4,894,495 | $5,608,831 | $5,035,843 | $5,143,633 | $9,735,866 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $5,049,980 | $5,346,249 | $4,713,233 | $4,643,120 | $4,173,382 |
| Management and general | $107,559 | $144,758 | $154,205 | $124,805 | $109,163 |
| Fundraising | $226,001 | $174,984 | $214,066 | $208,318 | $338,558 |
| Total expenses | $5,383,540 | $5,665,991 | $5,081,504 | $4,976,243 | $4,621,103 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | ($489,045) | ($57,160) | ($45,661) | $167,390 | $5,114,763 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($489,045) | ($57,160) | ($45,661) | $167,390 | $5,114,763 |
Compensation
| Name | Title | Compensation |
| Kevin Bolen | Head of School | $102,081 |
Compensation data as of: 6/30/2025
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 9/29/2026. To update the information below, please email: [email protected]
History
https://www.htccs.org/apps/pages/index.jsp?uREC_ID=2787093&type=d&pREC_ID=2308224