Wilmington Christian School 


The information on this page was last updated 9/16/2026. If you see errors or omissions, please email: [email protected]
Summary
Cultivating Godly Influencers
Christ-centered education for PreK-3 - 12th grade
Contact information
Mailing address:
Wilmington Christian School
825 Loveville Road
Hockessin, DE 19707
Website: WWW.WILMINGTONCHRISTIAN.ORG
Phone: (302) 239-2121
Email: [email protected]
Organization details
EIN: 510081153
CEO/President: Jonathan Nazigian
Chairman: Luke Trader
Board size: 9
Founder:
Ruling year: 1978
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
Wilmington Christian School provides a distinctively Christian, innovative education that effectively develops Godly influencers who are well prepared for life after high school and who impact the culture for Christ.
Mission statement
Building on the foundation of Scriptural truth, we teach students to grow in Christian character, to excel in academic proficiency, and to foster mentoring relationships.
Statement of faith
https://www.wilmingtonchristian.org/uploads/1/2/6/7/126700694/wcs_statement_of_faith_-_2021.pdf
Donor confidence score

Show donor confidence score details
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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 | ![]() ![]() ![]() | 763 of 1538 | 113 of 249 |
| Fund acquisition rating | ![]() | 1334 of 1539 | 221 of 249 |
| Resource allocation rating | ![]() ![]() ![]() ![]() ![]() | 260 of 1539 | 39 of 249 |
| Asset utilization rating | ![]() ![]() ![]() | 706 of 1539 | 104 of 249 |
According to the organization's Form 990, it received $16,704 in government grants in 2025.
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 59% | 42% | 9% | 15% | 60% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 3% | 3% | 2% | 2% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 5% | 7% | 26% | 17% | 5% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 3% | 3% | 3% | 3% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 95% | 93% | 74% | 83% | 95% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 89% | 89% | 88% | 87% | 86% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 104% | 100% | 83% | 93% | 107% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 93% | 90% | 73% | 81% | 92% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | -4% | 0% | 17% | 7% | -7% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | -3% | 0% | 15% | 5% | -5% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 8% | 8% | 9% | 10% | 11% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.55 | 0.61 | 0.55 | 0.54 | 0.50 | 0.51 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.06 | 4.01 | 4.90 | 3.36 | 5.78 | 7.35 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.00 | 2.44 | 2.68 | 1.80 | 2.91 | 3.75 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.78 | 3.59 | 3.41 | 5.39 | 2.40 | 1.73 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.36 | 0.28 | 0.29 | 0.19 | 0.42 | 0.58 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.46 | 3.55 | 3.17 | 5.43 | 2.40 | 1.35 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 30% | 24% | 23% | 24% | 30% | 35% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 17% | 17% | 18% | 22% | 21% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 115% | 125% | 140% | 142% | 139% | 128% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Cash | $2,543,443 | $2,119,520 | $3,360,005 | $1,372,808 | $1,102,590 |
| Receivables, inventories, prepaids | $53,528 | $4,147 | $977 | $27,535 | $7,369 |
| Short-term investments | $622,751 | $555,866 | $491,956 | $514,929 | $392,653 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,219,722 | $2,679,533 | $3,852,938 | $1,915,272 | $1,502,612 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $9,206,888 | $9,788,413 | $8,271,984 | $9,121,396 | $9,502,492 |
| Other long-term assets | $469,381 | $648,553 | $818,628 | $41,697 | $42,644 |
| Total long-term assets | $9,676,269 | $10,436,966 | $9,090,612 | $9,163,093 | $9,545,136 |
| Total assets | $12,895,991 | $13,116,499 | $12,943,550 | $11,078,365 | $11,047,748 |
| Liabilities | 2025 | 2024 | 2023 | 2021 | 2020 |
| Payables and accrued expenses | $381,454 | $392,073 | $340,441 | $278,547 | $269,352 |
| Other current liabilities | $516,013 | $393,128 | $374,813 | $520,807 | $598,841 |
| Total current liabilities | $897,467 | $785,201 | $715,254 | $799,354 | $868,193 |
| Debt | $2,192,881 | $2,259,109 | $2,329,469 | $2,421,815 | $2,294,018 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $15,893 | $32,487 | $46,739 | $88,812 | $650,779 |
| Total long-term liabilities | $2,208,774 | $2,291,596 | $2,376,208 | $2,510,627 | $2,944,797 |
| Total liabilities | $3,106,241 | $3,076,797 | $3,091,462 | $3,309,981 | $3,812,990 |
| Net assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Without donor restrictions | $8,888,953 | $8,853,834 | $8,589,899 | $7,489,942 | $7,017,692 |
| With donor restrictions | $900,797 | $1,185,868 | $1,262,189 | $278,442 | $217,066 |
| Net assets | $9,789,750 | $10,039,702 | $9,852,088 | $7,768,384 | $7,234,758 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2021 | 2020 |
| Total contributions | $362,431 | $473,319 | $2,174,363 | $1,000,134 | $270,341 |
| Program service revenue | $6,930,169 | $6,417,863 | $6,013,986 | $4,823,496 | $4,903,093 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $75,691 | $62,658 | $25,598 | $12,389 | $11,984 |
| Other revenue | $168,962 | $206,989 | $170,530 | $164,313 | $70,927 |
| Total other revenue | $7,174,822 | $6,687,510 | $6,210,114 | $5,000,198 | $4,986,004 |
| Total revenue | $7,537,253 | $7,160,829 | $8,384,477 | $6,000,332 | $5,256,345 |
| Expenses | 2025 | 2024 | 2023 | 2021 | 2020 |
| Program services | $7,013,923 | $6,409,356 | $6,131,660 | $4,851,891 | $4,850,377 |
| Management and general | $612,481 | $568,332 | $602,734 | $576,232 | $625,904 |
| Fundraising | $214,161 | $200,835 | $202,724 | $149,293 | $162,673 |
| Total expenses | $7,840,565 | $7,178,523 | $6,937,118 | $5,577,416 | $5,638,954 |
| Change in net assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Surplus (deficit) | ($303,312) | ($17,694) | $1,447,359 | $422,916 | ($382,609) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($303,312) | ($17,694) | $1,447,359 | $422,916 | ($382,609) |
Compensation
| Name | Title | Compensation |
| Jonathan Nazigian | Headmaster | $129,198 |
| Melonie Fetterman | Chief Operating Officer | $115,302 |
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 9/16/2026. To update the information below, please email: [email protected]
