Charlotte Christian School
The information on this page was last updated 5/18/2023. If you see errors or omissions, please email: [email protected]
Summary
Charlotte Christian is a Christ-centered, college preparatory, independent, non-denominational school serving students in grades JK-12. The school equips and develops students to effectively integrate Biblical truth and learning into their daily lives and to impact the culture for Christ.
Contact information
Mailing address:
Charlotte Christian School
7301 Sardis Rd.
Charlotte, NC 28270
Website: charlottechristian.com
Phone: 704-366-5657
Email: [email protected]
Organization details
EIN: 560750913
CEO/President: Barry Giller
Chairman: Brian Van Hoy
Board size: 16
Founder: local businessmen
Ruling year: 1972
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
stablished in 1950, Charlotte Christian School is a Christ-centered, college preparatory, independent, non-denominational school that serves students in grades JK-12. Our vision for students includes the integration of a Biblical worldview into a curriculum where character, values and essential life skills are emphasized and modeled by a professional and dedicated faculty. This Christian philosophy of education is at the core of all areas of study. A rigorous academic program is offered including strong co-curricular offerings with successful athletic and fine arts programs. As a Christ-centered school, students are taught how to integrate Biblical truth and learning into their daily lives to impact the culture for Christ.
For over 70 years, Charlotte Christian has nurtured and educated the whole child - heart, mind, body and soul - and provided a balanced, yet challenging college-preparatory curriculum that includes more than 45 honors and Advanced Placement classes; 50 athletic teams; and a broad fine arts program encompassing visual, musical and theatrical skill development. The student population of 1,100 reflects a geographical, denominational, racial and ethnic diversity. Every student participates in local, national and/or international service projects.
Mission statement
Charlotte Christian School is a Christ-centered, college preparatory school, equipping and developing students to effectively integrate Biblical truth and learning into their daily lives and to impact the culture for Christ.
Statement of faith
We believe that God is one being - infinitely just, wise, good, loving and holy, and existing eternally in three persons: Father, Son and Holy Spirit. He is the sovereign Creator of the universe and by His providence sustains and rules all that He has made.
We believe that Jesus Christ, Son of God, is fully divine and fully human, and that He saves His people from their sin by His life, death and resurrection, and is now ruling over His Church and the world through His Word and Spirit.
We believe that the Holy Spirit regenerates sinners, resides in believers, and enables them to live a Godly life and to use the spiritual gifts He has given them.
We believe that the Scriptures of the Old and New Testaments are the inspired, infallible and inerrant Word of God, our final authority in matters of doctrine and practice.
We believe that sinners are justified by grace through faith on the basis of the finished work of Christ (His death and resurrection) and live this life by the power of God.
We believe that God is calling people from the whole human race to believe in His Son, Jesus Christ, and to become members of His Body, the Church. Those who believe in Jesus as Lord and Savior enjoy the blessings of God and fellowship with each other in communities of faith until Jesus returns.
We believe that man, male and female, was created in the image of God, but fell into sin through the disobedience of Adam and Eve. As a result of the fall, all people are born sinful and in need of salvation.
We believe that marriage is a covenantal relationship created by God for a man and a woman. Sexual intimacy is a gift from God and has its proper place only within the context of marriage.
We believe that Jesus Christ, the Son of God, will return to renew the whole creation and to judge the living and the dead.
Donor confidence score
Show donor confidence score detailsTransparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: K-12 Schools/Academies
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 733 of 1118 | 44 of 49 | |
Fund acquisition rating | 389 of 1119 | 29 of 49 | |
Resource allocation rating | 642 of 1119 | 30 of 49 | |
Asset utilization rating | 929 of 1118 | 45 of 49 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 14% | 8% | 10% | 18% | 22% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 2% | 2% | 2% | 2% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 12% | 20% | 16% | 9% | 10% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 2% | 2% | 2% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 88% | 80% | 84% | 91% | 90% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 80% | 81% | 82% | 83% | 82% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 97% | 89% | 71% | 88% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 78% | 72% | 58% | 73% | 76% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 3% | 11% | 29% | 12% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 2% | 6% | 19% | 9% | 5% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 18% | 17% | 16% | 15% | 15% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.50 | 0.31 | 0.28 | 0.27 | 0.33 | 0.42 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.10 | 4.24 | 2.65 | 2.18 | 2.18 | 3.16 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.87 | 1.30 | 0.75 | 0.59 | 0.72 | 1.31 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.06 | 1.76 | 2.79 | 3.41 | 3.21 | 1.68 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.33 | 0.57 | 0.36 | 0.29 | 0.31 | 0.60 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.17 | 3.97 | 10.26 | 14.38 | 11.48 | 3.69 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 32% | 41% | 41% | 42% | 47% | 37% |
Debt ratio Debt ratio = Debt / Total assets | 9% | 27% | 28% | 29% | 33% | 17% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 137% | 194% | 207% | 213% | 160% | 153% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $3,335,030 | $11,909,053 | $12,300,780 | $18,926,691 | $2,292,355 |
Receivables, inventories, prepaids | $1,848,954 | $2,984,150 | $4,306,429 | $1,230,259 | $2,054,866 |
Short-term investments | $11,901,738 | $12,258,549 | $15,120,694 | $7,907,102 | $10,365,941 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $17,085,722 | $27,151,752 | $31,727,903 | $28,064,052 | $14,713,162 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $54,639,087 | $44,153,496 | $36,701,855 | $32,363,950 | $31,381,689 |
Other long-term assets | $729,479 | $687,003 | $742,240 | $669,276 | $373,314 |
Total long-term assets | $55,368,566 | $44,840,499 | $37,444,095 | $33,033,226 | $31,755,003 |
Total assets | $72,454,288 | $71,992,251 | $69,171,998 | $61,097,278 | $46,468,165 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $1,168,871 | $1,491,067 | $1,276,530 | $1,406,614 | $732,963 |
Other current liabilities | $8,557,390 | $8,223,849 | $8,028,066 | $7,340,398 | $8,045,978 |
Total current liabilities | $9,726,261 | $9,714,916 | $9,304,596 | $8,747,012 | $8,778,941 |
Debt | $19,661,656 | $20,000,000 | $20,000,000 | $20,000,000 | $7,712,422 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $0 | $497,674 |
Total long-term liabilities | $19,661,656 | $20,000,000 | $20,000,000 | $20,000,000 | $8,210,096 |
Total liabilities | $29,387,917 | $29,714,916 | $29,304,596 | $28,747,012 | $16,989,037 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $39,716,440 | $32,212,005 | $31,612,005 | $29,228,301 | $26,257,979 |
With donor restrictions | $3,349,931 | $10,065,330 | $8,255,397 | $3,121,965 | $3,221,149 |
Net assets | $43,066,371 | $42,277,335 | $39,867,402 | $32,350,266 | $29,479,128 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $2,681,647 | $4,617,210 | $4,073,486 | $2,050,991 | $2,098,747 |
Program service revenue | $21,551,468 | $20,028,709 | $18,859,316 | $18,264,389 | $17,807,241 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $320,383 | ($487,000) | $12,312 | $257,479 | $272,646 |
Other revenue | ($1,518,034) | ($1,353,377) | $3,285,901 | $2,486,907 | $723,830 |
Total other revenue | $20,353,817 | $18,188,332 | $22,157,529 | $21,008,775 | $18,803,717 |
Total revenue | $23,035,464 | $22,805,542 | $26,231,015 | $23,059,766 | $20,902,464 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $17,903,766 | $16,518,523 | $15,328,060 | $16,806,300 | $15,880,020 |
Management and general | $3,966,159 | $3,491,203 | $2,980,943 | $3,021,216 | $2,941,267 |
Fundraising | $376,503 | $385,883 | $404,876 | $361,112 | $471,591 |
Total expenses | $22,246,428 | $20,395,609 | $18,713,879 | $20,188,628 | $19,292,878 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $789,036 | $2,409,933 | $7,517,136 | $2,871,138 | $1,609,586 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $789,036 | $2,409,933 | $7,517,136 | $2,871,138 | $1,609,586 |
Compensation
Name | Title | Compensation |
Barry Giller | Head of School | $487,448 |
Andrew Ross | Administration | $188,928 |
Terry Efird | Chief Financial Officer | $168,648 |
Sara Reid | Administration | $153,209 |
Theresa Kasay | Administration | $147,109 |
Shonn Brown | Administration | $140,509 |
Compensation data as of: 6/30/2023
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 5/18/2023. To update the information below, please email: [email protected]
History
The school first opened its doors in 1950 as Calvary Christian Day School for students in kindergarten through sixth grade. In 1960, a group of local businessmen with a heart for Christian education organized Christian High School, and the two schools merged in 1969 to become Christian School Association of Charlotte, Inc., a kindergarten through twelfth grade institution. In 1964, Christian High School graduated its first class with seven seniors. The school relocated to its present location on Sardis Road in 1972, and in 1976, was renamed Charlotte Christian School. In 1982, Charlotte Christian School earned accreditation from SACS now the Southern Association of Colleges and Schools Council on Accreditation and School Improvement (SACS-CASI), an accreditation division of AdvancED. The school is also accredited by the Southern Association of Independent Schools (SAIS). In 2020, the school ushered in its 70th year of excellence in Christian education with the largest student enrollment of more than 1,100.
Over the last 20 years, the school has continued to grow and develop into what it looks like today. The Guy Gym, Early Education Building (1997), Flenniken Dining Hall, Upper School Building, Hendrick Center for Arts and Science (2013) and Center for Worship and Performing Arts (2017) were completed. In addition to adding buildings on campus, the programs have grown as well. Charlotte Christian now offers 21 Advanced Placement and college level classes, has earned 39 team state championships, and North Carolina Theatre Conference High School Play Festival theatre state championships; Blumenthal Performing Arts Award nominations in addition to musician selections for the American High School Honors Performance Series at Carnegie Hall and numerous visual art awards.
Go to https://www.charlottechristian.com/about/mission-history to view a timeline.