Foundation Christian Academy of Valrico, Florida 
The information on this page was last updated 8/31/2026. If you see errors or omissions, please email: [email protected]
Summary
At FCA, we provide students with an education that has the Bible as its authority and Christian principles and standards applied to learning
Contact information
Mailing address:
Foundation Christian Academy
3955 Lithia Pinecrest Rd
Valrico, FL 33596
Website: foundationchristianacademy.org
Phone: (813) 654-2969
Organization details
EIN: 593128048
CEO/President: Jonathan Smith
Chairman: Kenneth Franklin
Board size: 5
Founder:
Ruling year: 2004
Tax deductible: Yes
Fiscal year end: 07/31
Member of ECFA: No
Member of ECFA since:
Purpose
We believe students should be brought up "in the nurture and admonition of the Lord" (Eph. 6:4).
Mission statement
Preparing hands to serve the community and feet to serve the world with love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, and self-control.
Statement of faith
We believe the Bible to be the inspired and authoritative Word of God. We believe in one Deity who exists eternally in three persons as God, Jesus Christ, and Holy Spirit. (2 Timothy 3:16, 2 Peter 1:21)
We believe in God the Father, an infinite, personal spirit; the creator of all things, visible and invisible, in the heavens and on the earth, perfect in holiness, wisdom, power, and love. We believe that He concerns Himself mercifully in the affairs of each person, that He hears and answers prayer, and that He saves from sin and death all who come to Him through Jesus Christ. (Genesis 1, 21:33; Isaiah 40:28; Exodus 33:14; John 4:24; Revelation 4:8; Romans 11:33-34; Jeremiah 32:17; Ephesians 1:19-20, 3:9; Jeremiah 31:3; Romans 5:8; II Samuel 24:14; I John 5:14-15)
We believe in God the Son, Jesus Christ the Savior, the only begotten Son of God, in His deity, in His virgin birth, in His sinless life, in His miracles, in His substitutionary and atoning death through His shed blood. In His bodily resurrection, in His ascension to the right hand of the Father, in His continual intercession for His people, and in His personal return in power, glory, and judgment. (Isaiah 7:14, Matthew 1:23, 24:30; Mark 8:38, 16:19; Luke 1:34-35, 24:27; John 1:1, 2, 14, 18, 2:11, 3:16, 10:33, 11:25; Acts 1:11; Hebrews 4:15, 2:9, 7:26; Romans 3:23-26, & 8:34; I Corinthians 15:3-4; Ephesians 1:7; Revelation 19:11)
We believe in God the Holy Spirit, the Helper, and Comforter, in His daily guidance and revelation of truth, in His conviction of sin, righteousness, and judgment, and in His indwelling presence at the moment of salvation, enabling believers to live godly lives. (John 3:5-8, 14:16-17, & 16:13-14; Acts 1:8; I Corinthians 12:13; Ephesians 4:30-32, & 5:18)
We believe in the absolute necessity of regeneration by the Holy Spirit for salvation because of the exceeding sinfulness of human nature and that men are justified on the single ground of faith in the shed blood of Christ and that only by God's grace are we saved. Faith shows itself in obedience to Christ through repentance, confession of faith in Him, baptism, and a life led by the Holy Spirit, manifesting the Spirit's fruit. (John 3:16-19, 5:24; Acts 2:38; Romans 3:23, 5:8- 9; Ephesians 2:8-10; Titus 3:5)
We believe that the church is the body of Christ and is composed of the communities of Christ's people. The task of Christ's people in this world is to be God's redeemed communities that embody His love by worshiping God with confession, prayer, and praise in spirit and truth; by proclaiming the gospel of God's redemptive love through our Lord Jesus Christ. To the ends of the earth by word and deed; by submitting to the authority of the Bible, and the guidance of the Holy Spirit, rather than the dictates of man or ecclesiastical order. By caring for all of God's creation; and actively seeking the good of everyone, especially the poor and needy. (1 Corinthians 12:12-31)
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
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 | | 343 of 1485 | 51 of 216 |
| Fund acquisition rating | | 749 of 1485 | 132 of 216 |
| Resource allocation rating | | 71 of 1485 | 9 of 216 |
| Asset utilization rating | | 753 of 1486 | 109 of 216 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 0% | 317% | 13% | 7% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 0% | 0% | 1% | 2% | 12% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 0% | 1% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 100% | 100% | 99% | 98% | 88% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 98% | 96% | 96% | 96% | 96% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 87% | 76% | 79% | 69% | 78% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 85% | 73% | 76% | 67% | 75% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 13% | 24% | 21% | 31% | 22% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 7% | 14% | 12% | 22% | 16% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 2% | 3% | 4% | 3% | 4% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.55 | 0.47 | 0.39 | 0.42 | 0.40 | 0.42 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.93 | 1.84 | 1.75 | 1.88 | 2.09 | 2.75 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.88 | 0.86 | 0.69 | 0.79 | 0.84 | 1.15 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.76 | 13.92 | 17.43 | 15.27 | 14.24 | 10.47 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 29% | 6% | 9% | 13% | 17% | 23% |
Debt ratio Debt ratio = Debt / Total assets | 8% | 6% | 9% | 13% | 17% | 23% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 116% | 200% | 231% | 210% | 207% | 185% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $3,283,003 | $4,910,005 | $4,101,464 | $3,388,358 | $2,188,144 |
| Receivables, inventories, prepaids | $0 | $0 | $0 | $0 | $0 |
| Short-term investments | $1,851,110 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $5,134,113 | $4,910,005 | $4,101,464 | $3,388,358 | $2,188,144 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $4,288,780 | $3,660,444 | $3,620,139 | $3,695,202 | $3,825,799 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $4,288,780 | $3,660,444 | $3,620,139 | $3,695,202 | $3,825,799 |
| Total assets | $9,422,893 | $8,570,449 | $7,721,603 | $7,083,560 | $6,013,943 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $0 | $0 | $0 | $0 | $0 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $0 | $0 | $0 | $0 | $0 |
| Debt | $563,753 | $763,733 | $969,369 | $1,169,785 | $1,374,597 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $563,753 | $763,733 | $969,369 | $1,169,785 | $1,374,597 |
| Total liabilities | $563,753 | $763,733 | $969,369 | $1,169,785 | $1,374,597 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $8,859,140 | $7,806,716 | $6,752,234 | $5,892,530 | $4,625,601 |
| With donor restrictions | $0 | $0 | $0 | $21,245 | $13,745 |
| Net assets | $8,859,140 | $7,806,716 | $6,752,234 | $5,913,775 | $4,639,346 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $0 | $6,304 | $57,671 | $78,567 | $397,830 |
| Program service revenue | $4,965,385 | $4,332,106 | $3,937,003 | $4,007,488 | $2,801,528 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $64,463 | $28,181 | $15,753 | $2,936 | $8,084 |
| Other revenue | $50,543 | $69,154 | $50,540 | $41,790 | $22,746 |
| Total other revenue | $5,080,391 | $4,429,441 | $4,003,296 | $4,052,214 | $2,832,358 |
| Total revenue | $5,080,391 | $4,435,745 | $4,060,967 | $4,130,781 | $3,230,188 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $4,321,763 | $3,246,186 | $3,078,599 | $2,751,595 | $2,414,701 |
| Management and general | $96,291 | $115,064 | $136,209 | $99,213 | $92,266 |
| Fundraising | $6,342 | $20,014 | $7,700 | $5,544 | $1,356 |
| Total expenses | $4,424,396 | $3,381,264 | $3,222,508 | $2,856,352 | $2,508,323 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $655,995 | $1,054,481 | $838,459 | $1,274,429 | $721,865 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $655,995 | $1,054,481 | $838,459 | $1,274,429 | $721,865 |
Compensation
Compensation data for this ministry has not been collected.
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 8/31/2026. To update the information below, please email: [email protected]