Winter Haven Christian School 
The information on this page was last updated 3/27/2023. If you see errors or omissions, please email: [email protected]
Summary
Equipping Students. Changing Lives. Impacting the Community.
At Winter Haven Christian School, we believe that educating your child goes far beyond the academic lessons learned in the classroom. We believe in developing godly character and a heart for service. When they leave WHCS, we believe our students will be equipped to change the world.
Contact information
Mailing address:
Winter Haven Christian School
1700 Buckeye Loop Road NE
Winter Haven, FL 33881
Website: whcsonline.org
Phone: (863) 294-4135
Email: [email protected]
Organization details
EIN: 592715430
CEO/President: Mr. Joseph Klein
Chairman:
Board size: 5
Founder:
Ruling year: 1987
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2021
Purpose
Winter Haven Christian School exists to assist Christian parents in leading their children to a personal relationship with the Lord Jesus Christ and promoting spiritual growth. It is also our purpose to prepare students academically, teach them to respect authority and help them develop social skills by working in harmony with teachers and fellow students.
Mission statement
The mission of Winter Haven Christian School is to assist parents in developing their children to be strong in mind, spirit, and body, using Christ as their example and teaching the principles found in God's Holy Word, the Bible.
Statement of faith
Winter Haven Christian School stands firmly in our Christian faith and emphasizes the grace and love of God in our lives.
We believe the Bible to be the inspired and infallible, authoritative Word of God.
We believe in the Trinity: The Father, Son, and Holy Spirit.
We believe that Jesus is the Son of God.
We believe in His Virgin birth, in His sinless life, in His miracles, in His atoning death through His death on the cross, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return to power and glory.
We believe in the resurrection of the saved to eternal life in heaven and the resurrection of the lost to eternal damnation in Hell.
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
We believe in the spiritual unity of believers in Christ.
We believe that salvation is by grace through faith and belief in the Lord Jesus Christ, and not by any works.
We believe that a Christian grows in his spiritual life by praying, reading and studying the Bible, and worshiping in a fellowship of Christian believers.
We believe that God has commanded that no intimate sexual activity be engaged in outside of marriage between a man and a woman. We believe that any form of homosexuality, lesbianism, bisexuality, bestiality, incest, fornication, adultery and pornography are sinful perversions of God's gift of sex. We believe that God disapproves of and forbids any attempt to alter one's gender by surgery or appearance. (Gen 2:24; Gen 19:5, 13; Gen 26:8-9; Lev 18:1-30; Romans 1:26-29; 1 Cor. 5:1; 6:9; 1 Thess 4:1-8; Heb 13:4)
We believe that the only Scriptural marriage is the joining of one man and one woman. (Gen 2:24; Rom 7:2; 1 Cor 7:10; Eph 5:22-23).
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 156 of 1077 | 7 of 48 |
| Fund acquisition rating | | 566 of 1078 | 33 of 48 |
| Resource allocation rating | | 53 of 1078 | 1 of 48 |
| Asset utilization rating | | 235 of 1077 | 11 of 48 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 30% | 72% | 12% | 29% | 21% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 3% | 1% | 1% | 0% | 2% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 15% | 3% | 2% | 2% | 5% | 5% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 3% | 1% | 1% | 0% | 2% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 85% | 97% | 98% | 98% | 95% | 95% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 92% | 92% | 94% | 92% | 92% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 93% | 97% | 98% | 95% | 94% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 86% | 89% | 92% | 87% | 86% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | 7% | 3% | 2% | 5% | 6% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 8% | 3% | 2% | 5% | 6% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 7% | 7% | 6% | 7% | 7% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.44 | 0.80 | 0.83 | 0.72 | 0.71 | 0.78 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.21 | 2.63 | 3.63 | 3.78 | 4.75 | 3.48 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.64 | 2.11 | 3.00 | 2.73 | 3.39 | 2.70 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.43 | 3.45 | 2.01 | 2.12 | 1.89 | 2.25 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.29 | 0.29 | 0.50 | 0.47 | 0.53 | 0.44 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.98 | 4.03 | 2.01 | 2.33 | 1.67 | 2.47 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 35% | 29% | 25% | 28% | 24% | 13% |
Debt ratio Debt ratio = Debt / Total assets | 16% | 18% | 11% | 16% | 13% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 136% | 89% | 91% | 99% | 107% | 112% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $1,350,616 | $759,353 | $796,104 | $583,777 | $681,008 |
| Receivables, inventories, prepaids | $38,304 | $90,935 | $41,009 | $11,382 | $30,139 |
| Short-term investments | $140,399 | $138,988 | $130,729 | $118,476 | $96,946 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,529,319 | $989,276 | $967,842 | $713,635 | $808,093 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $2,496,343 | $2,601,294 | $2,692,333 | $2,675,784 | $2,007,235 |
| Other long-term assets | $500 | $500 | $500 | $500 | $500 |
| Total long-term assets | $2,496,843 | $2,601,794 | $2,692,833 | $2,676,284 | $2,007,735 |
| Total assets | $4,026,162 | $3,591,070 | $3,660,675 | $3,389,919 | $2,815,828 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $240,091 | $211,976 | $227,138 | $200,113 | $170,883 |
| Other current liabilities | $203,459 | $279,403 | $228,670 | $176,605 | $187,999 |
| Total current liabilities | $443,550 | $491,379 | $455,808 | $376,718 | $358,882 |
| Debt | $707,663 | $388,582 | $587,083 | $434,313 | $4,313 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $707,663 | $388,582 | $587,083 | $434,313 | $4,313 |
| Total liabilities | $1,151,213 | $879,961 | $1,042,891 | $811,031 | $363,195 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $2,632,420 | $2,501,699 | $2,407,562 | $2,371,346 | $2,252,787 |
| With donor restrictions | $242,529 | $209,410 | $210,222 | $207,542 | $199,846 |
| Net assets | $2,874,949 | $2,711,109 | $2,617,784 | $2,578,888 | $2,452,633 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $117,277 | $46,924 | $46,867 | $131,505 | $116,309 |
| Program service revenue | $3,356,331 | $2,960,334 | $2,602,578 | $2,369,379 | $2,206,070 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $3,983 | $2,951 | $6,719 | $3,700 | $1,064 |
| Other revenue | ($11,302) | $50,721 | $26,472 | $35,455 | ($566) |
| Total other revenue | $3,349,012 | $3,014,006 | $2,635,769 | $2,408,534 | $2,206,568 |
| Total revenue | $3,466,289 | $3,060,930 | $2,682,636 | $2,540,039 | $2,322,877 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $2,978,734 | $2,731,759 | $2,471,463 | $2,213,886 | $2,002,555 |
| Management and general | $220,942 | $206,767 | $164,003 | $164,746 | $158,771 |
| Fundraising | $34,688 | $33,949 | $5,843 | $38,251 | $24,557 |
| Total expenses | $3,234,364 | $2,972,475 | $2,641,309 | $2,416,883 | $2,185,883 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $231,925 | $88,455 | $41,327 | $123,156 | $136,994 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $231,925 | $88,455 | $41,327 | $123,156 | $136,994 |
Compensation
| Name | Title | Compensation |
| Joseph Klein | Headmaster | $82,874 |
Compensation data as of: 6/30/2019
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 3/27/2023. To update the information below, please email: [email protected]
History
In 1965, First Baptist Christian Day School was founded with K -1st grades and 2 teachers. The school continued to grow under the leadership of Mary Brooks, and in 1986, the decision was made to change the name to Winter Haven Christian School and make it an independent, interdenominational school. A board was formed and in 1992, 15 acres of land was purchased at 1700 Buckeye Loop Road.
In 1999, ground was officially broken and the new campus began to take shape until Winter Haven Christian School was able to fully operate in its new campus in 2002. In 2008, Mary Brooks retired and the board brought in Headmaster Joseph Klein, who has served as a leader for Winter Haven Christian School. Winter Haven Christian School continued to grow so that in 2013 a new wing was built honoring Nancy Shytle for her 40+ years at Winter Haven Christian School.
Winter Haven Christian School celebrated its first graduating class of 4 students in 2015 and is now enrolling more than 450 students in grades Pre-K 4 through 12th grade.
God-willing, Winter Haven Christian School will to continue to grow, and one day include a separate high school building, a gymnasium, and additional facilities.
Time-line of progress:
1965: Founded as First Baptist Christian Day School
1986: Changed name to Winter Haven Christian School
1986: Became an independent, interdenominational school
1992: Purchased 15 acres on Buckeye Loop Road
1999: Ground was broken for new campus
2002: First year in the new facility.
2013: New wing to honor Nancy Shytle for her 40+ year at WHCS
2015: First Graduating class
2017: New addition to accommodate additional students