King's Way Christian School 
The information on this page was last updated 4/8/2026. If you see errors or omissions, please email: [email protected]
Summary
King's Way is a place where your child will
Dream
Discover
Discern
God's will for their lives.
Contact information
Mailing address:
King's Way Christian School
3606 NE 78th Street
Vancouver, WA 98665
Website: www.kwcs.org
Phone: (360) 574-1613
Email: [email protected]
Organization details
EIN: 473890449
CEO/President: Dr. Jason Tindol
Chairman: Arnie Kainu
Board size: 10
Founder: Vancouver Church
Ruling year: 2015
Tax deductible: Yes
Fiscal year end: 08/31
Member of ECFA: No
Member of ECFA since:
Purpose
King's Way partners with families to provide a Christ-centered education for the whole child, leading to life change in each student.
Mission statement
It is our mission to help students grow personally in their relationship with the Lord, their peers, and with those in authority, whether in the classroom, on the playground, or on the playing field.
Statement of faith
WE BELIEVE
... that the Bible is the verbally inspired Word of God and without mistakes as originally written. It is the complete revelation of His will for salvation and the only unfailing rule of faith and practice for the Christian life.
... in one God, Creator of all things, eternally existing in three persons: Father, Son and Holy Spirit, and that these three are co-eternal and possess all attributes of Deity.
... in the deity of Jesus Christ; His miraculous conception by the Holy Spirit; His virgin birth; His sinless life; His substitutionary death on a cross; His bodily resurrection; His ascension to the right hand of the Father; and His personal, imminent return.
... that man was created by and for God; that by man's disobeying God, every person incurred spiritual death, which is separation from God, and physical death as a consequence; and that all people are sinners by nature and practice.
... the Lord Jesus Christ died for our sins and that all who believe in Him are declared righteous because of His sacrificial death and are, therefore, in right relationship with God.
... in the present ministry of the Holy Spirit indwelling all believers and thus enabling and empowering the life and ministry of the believer.
... in the bodily resurrection of everyone who has lived, the everlasting reward of those in right relationship with God, and the everlasting punishment of those who have rejected God's forgiveness in his Son.
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 | | 435 of 1435 | 79 of 191 |
| Fund acquisition rating | | 29 of 1435 | 20 of 191 |
| Resource allocation rating | | 842 of 1435 | 121 of 191 |
| Asset utilization rating | | 830 of 1436 | 128 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% | 1% | 5% | 2% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 0% | 1% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 40% | 15% | 6% | 32% | 14% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 1% | 1% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 60% | 85% | 94% | 68% | 86% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 80% | 80% | 76% | 76% | 79% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 62% | 87% | 91% | 68% | 89% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 50% | 69% | 69% | 52% | 70% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 38% | 13% | 9% | 32% | 11% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 47% | 19% | 14% | 65% | 37% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 19% | 19% | 24% | 24% | 21% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.54 | 0.41 | 0.94 | 0.68 | 1.05 | 1.49 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.99 | 2.44 | 1.31 | 1.82 | 1.15 | 1.22 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.80 | 0.99 | 1.23 | 1.23 | 1.20 | 1.82 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 3.42 | 3.61 | 3.61 | 3.33 | 2.25 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.29 | 0.28 | 0.28 | 0.30 | 0.44 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.98 | 8.54 | 7.04 | 7.03 | 7.00 | 3.66 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 29% | 48% | 24% | 52% | 26% | 50% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 34% | 0% | 0% | 0% | 13% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 117% | 129% | 80% | 70% | 70% | 34% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $2,988,405 | $5,521,555 | $4,760,445 | $5,808,710 | $4,623,694 |
| Receivables, inventories, prepaids | $8,358,834 | $493,749 | $690,232 | $1,526,908 | $467,749 |
| Short-term investments | $6,259,520 | $5,946,909 | $5,271,543 | $2,086,904 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $17,606,759 | $11,962,213 | $10,722,220 | $9,422,522 | $5,091,443 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $24,294,223 | $3,144,577 | $1,590,900 | $1,368,059 | $1,133,275 |
| Other long-term assets | $1,144,999 | $503,994 | $7,194,874 | $0 | $0 |
| Total long-term assets | $25,439,222 | $3,648,571 | $8,785,774 | $1,368,059 | $1,133,275 |
| Total assets | $43,045,981 | $15,610,784 | $19,507,994 | $10,790,581 | $6,224,718 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $2,166,213 | $461,958 | $461,975 | $390,512 | $377,239 |
| Other current liabilities | $2,986,096 | $2,854,212 | $2,507,318 | $2,441,508 | $1,880,728 |
| Total current liabilities | $5,152,309 | $3,316,170 | $2,969,293 | $2,832,020 | $2,257,967 |
| Debt | $14,462,415 | $0 | $1,555 | $7,511 | $827,617 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $858,149 | $496,125 | $7,270,486 | $0 | $0 |
| Total long-term liabilities | $15,320,564 | $496,125 | $7,272,041 | $7,511 | $827,617 |
| Total liabilities | $20,472,873 | $3,812,295 | $10,241,334 | $2,839,531 | $3,085,584 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $18,789,457 | $9,010,697 | $7,105,816 | $5,617,636 | $819,929 |
| With donor restrictions | $3,783,651 | $2,787,792 | $2,160,844 | $2,333,414 | $2,319,205 |
| Net assets | $22,573,108 | $11,798,489 | $9,266,660 | $7,951,050 | $3,139,134 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $11,204,730 | $2,619,305 | $888,766 | $5,230,626 | $1,473,680 |
| Program service revenue | $16,580,796 | $14,040,008 | $13,411,826 | $11,282,261 | $8,970,250 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $306,820 | $316,817 | $181,261 | $4,985 | ($12,397) |
| Other revenue | ($19,578) | $41,908 | $77,370 | ($17,983) | $7,728 |
| Total other revenue | $16,868,038 | $14,398,733 | $13,670,457 | $11,269,263 | $8,965,581 |
| Total revenue | $28,072,768 | $17,018,038 | $14,559,223 | $16,499,889 | $10,439,261 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $14,075,032 | $11,748,711 | $10,071,230 | $8,556,022 | $7,354,022 |
| Management and general | $3,303,286 | $2,855,047 | $3,135,034 | $2,740,959 | $1,928,122 |
| Fundraising | $117,118 | $129,326 | $22,204 | $0 | $0 |
| Total expenses | $17,495,436 | $14,733,084 | $13,228,468 | $11,296,981 | $9,282,144 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $10,577,332 | $2,284,954 | $1,330,755 | $5,202,908 | $1,157,117 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $10,577,332 | $2,284,954 | $1,330,755 | $5,202,908 | $1,157,117 |
Compensation
| Name | Title | Compensation |
| Jason Tindol | Superintendent | $264,404 |
| Laura Johnson | CFO | $137,017 |
| Arne Kainu | Board Chair | $29,718 |
Compensation data as of: 8/31/2025
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 4/8/2026. To update the information below, please email: [email protected]
History
King's Way Christian Schools began in 1971 with the opening of the Peter Pan Daycare, a ministry of Vancouver Church. As the children who attended reached school age, parents appealed to the leadership to expand the program into kindergarten and first grade. Soon thereafter, classes were added. In 1977, the church and daycare moved to a new facility at their current location of 3300 NE 78th Street.
The church agreed to expand the program further, and King's Way Christian School was launched under the leadership of founder Sally Clark. The school opened that year with two kindergarten classes and one first grade class. The plan was to grow the school a grade at a time, up to the fourth grade. However, King's Way quickly became well known in the community as a quality private school, and requests were expressed to expand more quickly and into higher grade levels.
In 1981, the church added on to its building, enabling King's Way to grow more rapidly. Three more times over the course of the next twenty-five years, the church would meet the growing needs of King's Way with expansions and new buildings.
This gracious gift of building space without the burden of mortgage debt has enabled King's Way to continue to offer high-quality private Christian education at a very affordable price.
2005 - High School opens, with the first class graduating in 2009.
2007 - International Student Program begins.
2015 - Vancouver Church took the first steps to bring independence to King's Way by creating an independent 501(c)(3) corporation, providing King's Way with new opportunities to execute its mission. As close partners in ministry, Vancouver Church and King's Way continue to work together to make disciples who can experience a whole new life with Jesus, becoming like Jesus more every day.
2023- King's Way introduces "Pathways" which are various ways that a student can get a KWCS diploma and an honors diploma track is created.
Today, King's Way offers an educational program from 12 months through 12th grade, serving an all-time enrollment record of 1,100 children and their families.