Prince of Peace Christian School 
The information on this page was last updated 4/15/2026. If you see errors or omissions, please email: [email protected]
Summary
Experience a private Christ centered school in Carrollton, TX, with strong academics, preparing students from 6 weeks through high school.
Contact information
Mailing address:
Prince of Peace Christian School
4004 Midway Road
Carrollton, TX 75007-2018
Website: www.popcs.org
Phone: 972-447-0532
Organization details
EIN: 461465617
CEO/President: Jeremy Lowe
Chairman: Michele Thatcher
Board size: 15
Founder: Prince of Peace Lutheran Church
Ruling year: 1941
Tax deductible: Yes
Fiscal year end: 05/31
Member of ECFA: No
Member of ECFA since:
Purpose
Prince of Peace Christian School & Early Learning Center serves engaged families, with children from ages 6 weeks through Grade 12, who want an excellent educational experience in a diverse and caring environment.
Mission statement
Prince of Peace Christian School & Early Learning Center provides a Christ-centered exemplary education equipping students for leadership, service, and success.
Statement of faith
Donor confidence score
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Transparency grade
D
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Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1000 of 1435 | 153 of 191 |
| Fund acquisition rating | | 1107 of 1435 | 156 of 191 |
| Resource allocation rating | | 848 of 1435 | 122 of 191 |
| Asset utilization rating | | 674 of 1436 | 93 of 191 |
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 | 11% | 26% | 22% | 9% | 13% | 21% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 3% | 3% | 3% | 3% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 13% | 12% | 28% | 25% | 23% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 4% | 3% | 3% | 4% | 5% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 87% | 88% | 72% | 75% | 77% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 81% | 78% | 79% | 76% | 75% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 95% | 99% | 81% | 83% | 91% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 77% | 77% | 64% | 64% | 68% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 5% | 1% | 19% | 17% | 9% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 5% | 1% | 17% | 16% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 16% | 19% | 18% | 20% | 20% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.54 | 0.55 | 0.50 | 0.45 | 0.46 | 0.47 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.99 | 3.42 | 3.90 | 3.92 | 4.55 | 5.67 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.80 | 1.89 | 1.94 | 1.78 | 2.09 | 2.65 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 3.47 | 3.85 | 5.00 | 3.62 | 2.83 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.29 | 0.26 | 0.20 | 0.28 | 0.35 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.98 | 4.53 | 4.57 | 5.38 | 4.16 | 2.93 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 29% | 39% | 38% | 38% | 42% | 51% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 28% | 30% | 31% | 34% | 42% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 117% | 111% | 124% | 136% | 126% | 104% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $8,695,957 | $7,397,265 | $7,363,101 | $5,900,525 | $4,951,041 |
| Receivables, inventories, prepaids | $1,208,514 | $1,101,238 | $960,282 | $672,776 | $246,273 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $9,904,471 | $8,498,503 | $8,323,383 | $6,573,301 | $5,197,314 |
| Long-term investments | $1,234,004 | $1,179,484 | $1,047,002 | $1,054,837 | $1,121,832 |
| Fixed assets | $22,566,904 | $23,237,223 | $23,139,757 | $21,221,867 | $22,158,544 |
| Other long-term assets | $125,429 | $196,970 | $137,206 | $1,035,676 | $976,726 |
| Total long-term assets | $23,926,337 | $24,613,677 | $24,323,965 | $23,312,380 | $24,257,102 |
| Total assets | $33,830,808 | $33,112,180 | $32,647,348 | $29,885,681 | $29,454,416 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $1,098,104 | $948,563 | $396,357 | $420,350 | $756,939 |
| Other current liabilities | $1,759,209 | $1,256,188 | $1,267,142 | $1,397,188 | $1,078,458 |
| Total current liabilities | $2,857,313 | $2,204,751 | $1,663,499 | $1,817,538 | $1,835,397 |
| Debt | $9,569,709 | $9,807,601 | $10,037,430 | $10,171,312 | $12,321,256 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $731,079 | $667,341 | $784,788 | $553,345 | $920,826 |
| Total long-term liabilities | $10,300,788 | $10,474,942 | $10,822,218 | $10,724,657 | $13,242,082 |
| Total liabilities | $13,158,101 | $12,679,693 | $12,485,717 | $12,542,195 | $15,077,479 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $19,876,333 | $19,709,281 | $19,438,425 | $16,444,050 | $12,663,100 |
| With donor restrictions | $796,374 | $723,206 | $723,206 | $899,436 | $1,713,837 |
| Net assets | $20,672,707 | $20,432,487 | $20,161,631 | $17,343,486 | $14,376,937 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $2,559,779 | $1,983,934 | $5,087,834 | $4,089,164 | $3,498,698 |
| Program service revenue | $16,581,111 | $14,353,136 | $12,939,974 | $12,297,169 | $11,626,633 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $360,931 | $343,038 | $198,684 | $25,667 | $34,231 |
| Other revenue | $182,953 | $60,117 | $107,372 | $61,299 | $42,651 |
| Total other revenue | $17,124,995 | $14,756,291 | $13,246,030 | $12,384,135 | $11,703,515 |
| Total revenue | $19,684,774 | $16,740,225 | $18,333,864 | $16,473,299 | $15,202,213 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $15,110,162 | $12,918,796 | $11,733,256 | $10,480,856 | $10,343,041 |
| Management and general | $2,895,233 | $3,160,646 | $2,647,027 | $2,705,417 | $2,709,720 |
| Fundraising | $664,760 | $444,448 | $470,812 | $531,606 | $720,849 |
| Total expenses | $18,670,155 | $16,523,890 | $14,851,095 | $13,717,879 | $13,773,610 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $1,014,619 | $216,335 | $3,482,769 | $2,755,420 | $1,428,603 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,014,619 | $216,335 | $3,482,769 | $2,755,420 | $1,428,603 |
Compensation
| Name | Title | Compensation |
| Dr Jeremy Lowe | Head of School, Director | $214,585 |
Compensation data as of: 5/31/2025
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 4/15/2026. To update the information below, please email: [email protected]
History
Prince of Peace Christian School was established in 1980 as an outreach of Prince of Peace Lutheran Church, serving preschool children in the surrounding community. Today, the school serves children from "crib to college" who reside in several surrounding cities in the north Dallas area.
POPCS has a unique history of thinking outside of the box. The best example of this is the building itself. By the mid 1990's, the school had outgrown its building and grounds, so a 37-acre former car dealership just to the north of the original property was purchased and retrofitted to meet the church and school needs. The church and school moved to the new location in 1996. Since that time, capital campaigns have funded the addition of playgrounds, two gymnasiums, an Upper School Building, an Early Childhood Center, a Fine Arts Center, a Kitchen and Dining Hall, as well as an Outdoor Recreational and Athletic Complex including tennis courts, track, football stadium, baseball field, concession stands and playground. More recently, two SmartLab facilities, updated Upper School offices, new indoor and outdoor student common areas were also built.
Prince of Peace Christian School is uniquely positioned to allow the school to serve several surrounding cities - primarily Plano, Carrollton, and Frisco. POPCS is within easy driving distance for residents of all these cities.
https://www.popcs.org/about/mission-history