Westminster Schools Inc

The information on this page was last updated 4/21/2023. If you see errors or omissions, please email: [email protected]


Summary

Westminster is a coeducational Christian, independent day school for grades pre-first through 12, committed to creating an educational experience where bright, curious, motivated students who are nurtured by challenge can grow into leaders of conscience.


Contact information

Mailing address:
Westminster Schools Inc
1424 West Places Ferry Rd NW
Atlanta, GA 30327

Website: westminster.net

Phone: 404-355-8673

Email: [email protected]


Organization details

EIN: 580566206

CEO/President: Keith Evans

Chairman: Katharine W. Kelley

Board size: 36

Founder:

Ruling year: 1951

Tax deductible: Yes

Fiscal year end: 07/31

Member of ECFA: No

Member of ECFA since:


Purpose

Westminster's vision is to propel bright students to mine their curiosity, expand their vision, and discover their purpose.


Mission statement

Westminster is a Christian, independent day school for boys and girls, which seeks to develop the whole person for college and for life through excellent education.


Statement of faith

"Our Christian Mission"

Westminster is a Christian school. We hold a deep commitment to our Christian mission, seeking to model the scriptural description of Jesus as "growing in wisdom and in stature, and in favor with God and man" (Luke 2:52). We are guided by Jesus' teaching to love and serve and are inspired to reflect these values in our school community, programs, and priorities. These values also lead us to be open to all traditions and people.

As an inclusive Christian school, Westminster honors the substance and practice of other religions and seeks to support and encourage students of all faiths, beliefs, cultures, and backgrounds. We welcome and learn from community members of many different religious traditions. We believe that such inclusion and respect for the dignity of all people is at the heart of Christianity. These manifestations of a thriving and vibrant community produce lifelong learners who lead with compassion and integrity.

Donor confidence score

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Transparency grade

D

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Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating616 of 111033 of 49
Fund acquisition rating334 of 111123 of 49
Resource allocation rating398 of 111113 of 49
Asset utilization rating1028 of 111048 of 49

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%13%13%27%17%24%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%2%4%5%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
16%19%31%19%20%15%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%2%5%5%5%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
84%81%69%81%80%85%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%85%84%85%86%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%108%85%96%73%100%
Program output ratio Program output ratio =
Program services /
Total revenue
77%92%71%82%63%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%-8%15%4%27%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%-2%3%1%8%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%13%12%10%9%11%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.490.160.140.150.190.19
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.155.215.273.645.422.12
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.590.820.750.541.030.40
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
2.792.142.112.651.653.93
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.360.470.470.380.610.25
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.547.758.4113.904.6022.40
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
32%28%27%32%16%17%
Debt ratio Debt ratio =
Debt /
Total assets
9%19%18%22%4%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
147%453%510%459%446%440%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$26,105,915$20,290,425$86,199,246$21,251,088$28,668,853
Receivables, inventories, prepaids$27,655,628$28,959,947$17,633,804$16,059,812$9,552,171
Short-term investments$55,425,330$63,917,701$35,151,823$36,030,740$142,668,344
Other current assets$0$0$0$0$0
Total current assets$109,186,873$113,168,073$138,984,873$73,341,640$180,889,368
Long-term investments$288,146,614$308,788,323$226,362,802$236,876,769$124,276,350
Fixed assets$170,618,312$173,600,227$139,354,783$86,246,294$76,910,664
Other long-term assets$1,099,919$1,182,398$1,002,990$1,052,204$1,034,076
Total long-term assets$459,864,845$483,570,948$366,720,575$324,175,267$202,221,090
Total assets$569,051,718$596,739,021$505,705,448$397,516,907$383,110,458
 
Liabilities20222021202020192018
Payables and accrued expenses$10,418,549$14,083,339$18,918,204$9,857,956$11,170,514
Other current liabilities$40,655,934$39,576,912$33,510,978$34,647,609$34,886,450
Total current liabilities$51,074,483$53,660,251$52,429,182$44,505,565$46,056,964
Debt$109,990,235$109,971,866$109,953,496$16,630,000$17,980,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$447,963$441,769$487,748$1,244,081$1,138,171
Total long-term liabilities$110,438,198$110,413,635$110,441,244$17,874,081$19,118,171
Total liabilities$161,512,681$164,073,886$162,870,426$62,379,646$65,175,135
 
Net assets20222021202020192018
Without donor restrictions$191,876,867$198,493,143$163,226,741$152,400,251$148,848,642
With donor restrictions$215,662,170$234,171,992$179,608,281$182,737,010$169,086,681
Net assets$407,539,037$432,665,135$342,835,022$335,137,261$317,935,323
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$15,929,982$30,548,733$14,667,230$20,913,875$10,444,623
Program service revenue$64,350,171$61,631,024$57,255,802$57,039,327$54,869,031
Membership dues$0$0$0$0$0
Investment income$2,224,388$6,951,665$3,885,767$23,516,632$5,713,432
Other revenue$863,258$578,429$1,691,846$924,787$944,220
Total other revenue$67,437,817$69,161,118$62,833,415$81,480,746$61,526,683
Total revenue$83,367,799$99,709,851$77,500,645$102,394,621$71,971,306
 
Expenses20222021202020192018
Program services$76,585,917$70,972,720$63,469,014$64,761,205$61,890,833
Management and general$11,346,648$10,032,579$7,334,091$6,949,479$7,877,208
Fundraising$2,058,284$3,895,712$3,908,134$3,464,976$2,459,922
Total expenses$89,990,849$84,901,011$74,711,239$75,175,660$72,227,963
 
Change in net assets20222021202020192018
Surplus (deficit)($6,623,050)$14,808,840$2,789,406$27,218,961($256,657)
Other changes in net assets$0$0$0$0$0
Total change in net assets($6,623,050)$14,808,840$2,789,406$27,218,961($256,657)

Compensation

NameTitleCompensation
Keith A EvansPresident and Ceo/Board Trustee$1,286,604
Antoinette M BoydTreasurer Bot-Vp Fin & Ops$514,321
Emilie R HenryVP For Instit'l Advancement$452,995
Danette MortonHead of Middle School$330,004
Timothy D DownesDirector of Athletics$303,340
Whitcliff A McKnightHead of Lower School$248,655
Torrey WilliamsChief Information Officer$241,484
Robert M RyshkeExec Dir-Center For Teaching$203,853
Mary Shivers O'GaraBoard Secretary$100,935

Compensation data as of: 7/31/2022


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 4/21/2023. To update the information below, please email: [email protected]


History

Westminster was founded by Atlanta's leaders as a learning community rooted in Christian values and wholesome intensity. Since 1951, our students have been inspired to become leaders of conscience in Atlanta and throughout the world.


Program accomplishments

1,880 Students enrolled

325 Faculty members

40% Students of color

82 Zip codes from which our students hail

23 AP courses offered

60+ Student-led clubs

75% Upper school participation in athletics

31% Upper school participation in performing arts

180 Acre-campus just 15 minutes from downtown Atlanta

14 Academic buildings

12,000 Alumni and counting


Needs