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 rating732 of 107442 of 48
Fund acquisition rating784 of 107541 of 48
Resource allocation rating242 of 107513 of 48
Asset utilization rating933 of 107447 of 48

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%27%17%24%37%39%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%5%3%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
15%19%20%15%9%9%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%5%5%3%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
85%81%80%85%91%91%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%85%86%86%86%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%96%73%100%106%114%
Program output ratio Program output ratio =
Program services /
Total revenue
75%82%63%86%91%98%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%4%27%0%-6%-14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%1%8%0%-1%-3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%10%9%11%11%11%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.440.150.190.190.190.19
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.213.645.422.122.192.37
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.640.541.030.400.410.45
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.432.651.653.933.683.67
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.290.380.610.250.270.27
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.9813.904.6022.4021.3019.26
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
35%32%16%17%18%18%
Debt ratio Debt ratio =
Debt /
Total assets
16%22%4%5%5%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
136%459%446%440%438%431%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$86,199,246$21,251,088$28,668,853$24,232,130$19,577,170
Receivables, inventories, prepaids$17,633,804$16,059,812$9,552,171$7,092,349$7,273,254
Short-term investments$35,151,823$36,030,740$142,668,344$138,951,099$122,779,887
Other current assets$0$0$0$0$0
Total current assets$138,984,873$73,341,640$180,889,368$170,275,578$149,630,311
Long-term investments$226,362,802$236,876,769$124,276,350$121,165,067$134,080,102
Fixed assets$139,354,783$86,246,294$76,910,664$80,678,091$69,384,550
Other long-term assets$1,002,990$1,052,204$1,034,076$1,009,880$1,011,915
Total long-term assets$366,720,575$324,175,267$202,221,090$202,853,038$204,476,567
Total assets$505,705,448$397,516,907$383,110,458$373,128,616$354,106,878
 
Liabilities20202019201820172016
Payables and accrued expenses$18,918,204$9,857,956$11,170,514$12,504,518$8,344,836
Other current liabilities$33,510,978$34,647,609$34,886,450$33,758,769$32,438,480
Total current liabilities$52,429,182$44,505,565$46,056,964$46,263,287$40,783,316
Debt$109,953,496$16,630,000$17,980,000$19,230,000$19,230,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$487,748$1,244,081$1,138,171$1,553,321$1,991,496
Total long-term liabilities$110,441,244$17,874,081$19,118,171$20,783,321$21,221,496
Total liabilities$162,870,426$62,379,646$65,175,135$67,046,608$62,004,812
 
Net assets20202019201820172016
Without donor restrictions$163,226,741$152,400,251$148,848,642$145,180,350$137,820,655
With donor restrictions$179,608,281$182,737,010$169,086,681$160,901,658$154,281,411
Net assets$342,835,022$335,137,261$317,935,323$306,082,008$292,102,066
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$14,667,230$20,913,875$10,444,623$5,760,004$5,214,406
Program service revenue$57,255,802$57,039,327$54,869,031$52,206,965$49,222,582
Membership dues$0$0$0$0$0
Investment income$3,885,767$23,516,632$5,713,432$7,216,128$4,182,143
Other revenue$1,691,846$924,787$944,220$973,592$844,985
Total other revenue$62,833,415$81,480,746$61,526,683$60,396,685$54,249,710
Total revenue$77,500,645$102,394,621$71,971,306$66,156,689$59,464,116
 
Expenses20202019201820172016
Program services$63,469,014$64,761,205$61,890,833$60,275,212$58,279,024
Management and general$7,334,091$6,949,479$7,877,208$7,455,621$7,499,353
Fundraising$3,908,134$3,464,976$2,459,922$2,141,077$2,041,561
Total expenses$74,711,239$75,175,660$72,227,963$69,871,910$67,819,938
 
Change in net assets20202019201820172016
Surplus (deficit)$2,789,406$27,218,961($256,657)($3,715,221)($8,355,822)
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,789,406$27,218,961($256,657)($3,715,221)($8,355,822)

Compensation

NameTitleCompensation
Keith A EvansPresident$891,518
Toni BoydVP of Finance and Operations$358,358
Emilie R HenryVP For Instt'l Advancement$356,903
Danette MortonHead of Middle School$302,977
Timothy DownesDirector of Athletics$262,904
Cindy L TraskHead of Upper School$240,378
Whitcliff A McKnightHead of Lower School$222,685
Robert RyshkeExec. Director - Center For Teaching$181,556
Mary Shivers O'GaraSecretary - Board/President$105,975

Compensation data as of: 7/31/2020


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