Evangelical Christian School of Memphis 
The information on this page was last updated 11/30/2022. If you see errors or omissions, please email: [email protected]
Summary
ECS partners with parents to build their children academically, athletically, creatively, socially and spiritually so they are well prepared to be influential leaders for Christ in college and beyond. Our dynamic teachers understand their role as a calling and thrive in a culture in which every student is known, loved and discipled.
Contact information
Mailing address:
Evangelical Christian School of Memphis
PO Box 1030
Cordova, TN 38088-1030
Website: ecseagles.com
Phone: 901-754-7217
Email: [email protected]
Organization details
EIN: 620728732
CEO/President: Braxton Brady, Head of School
Chairman: Mike Wages
Board size: 12
Founder:
Ruling year: 1966
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2002
Purpose
"Our 21st century academic approach inspires students to become owners in their learning through expert instruction, vigorous class discussion, group collaboration, technology integration, and expeditionary learning opportunities. Our students take advantage of the many academic offerings at ECS from AP and honors classes to the wide array of electives to deliver a well-rounded academic experience.
While academics is our core, and college preparation is a given, what sets us apart at ECS is our commitment to partner with parents in the Christian discipleship of their children. We know that raising the next generation is more than just imparting facts for college entrance exams. Our teachers and coaches understand their role as a calling and take advantage of our unique ability to share the gospel with our students. To help accomplish this, we have carved out intentional time within our new student-friendly schedule to disciple our students in relevant, age-appropriate ways that appeal to the needs of Early Childhood to Upper School students."
Braxton Brady, Head of School
Mission statement
The mission of Evangelical Christian School is to provide the Christian family a Christ-centered, biblically directed education that challenges students to know the Lord Jesus Christ and to develop the vision and practice of excellence in academics, character, leadership, and service to others.
Statement of faith
We believe in the Scriptures of the Old and New Testaments as verbally inspired by God, and inerrant in the original writings, and that they are supreme and final authority in faith and life;
We believe in one God, eternally existing in three Persons: Father, Son and Holy Spirit:
We believe that Jesus Christ was begotten by the Holy Spirit, born of the Virgin Mary, and is true God and true man;
We believe that man was created by an immediate and direct act of God, in the image of God, that he sinned, and thereby incurred not only physical death, but also that spiritual death which is separation from God; and that all human beings are born of a sinful nature, and are sinners in thought, word and deed;
We believe that the Lord Jesus died for our sins, according to the Scriptures, as a representative and substitutionary sacrifice; and that all who believe in Him are justified on the ground of His shed blood;
We believe that all who receive by faith the Lord Jesus Christ are born again of the Holy Spirit, and thereby become children of God;
We believe that the whole counsel of God as found in the Old and New Testaments of Scripture provides the framework of God's intent for relationships. In that full context, human sexuality is a gift from God to be celebrated and culminated within marital parameters exclusively between a male and a female made in His image;
We believe in the resurrection of the crucified body of our Lord, in His ascension into heaven, His present life there for us as High Priest and Advocate, and that He will personally return and set up His Kingdom wherein He will rule and reign in righteousness;
We believe in the bodily resurrection of the just and the unjust, the eternal blessedness of the saved, and the eternal retribution of the lost.
We, therefore, believe in:
- The Deity, Virgin Birth, Vicarious Death, Physical Resurrection, Ascension, and personal return in Glory of the Lord Jesus.
- The Personality, Deity and Work of the Holy Spirit.
- The Personality, work and limited role of Satan.
- The Great Scriptural Doctrines of Sin, Salvation by Grace, Redemption, Regeneration, Justification by Faith, Prayer, Physical Resurrection, the Reward of Believers and Retribution of Unbelievers.
God's design of humans as uniquely male and female with distinct roles and purposes, with equal dignity and worth to both.
Donor confidence score
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 | | 163 of 1097 | 10 of 47 |
| Fund acquisition rating | | 81 of 1099 | 15 of 47 |
| Resource allocation rating | | 309 of 1099 | 10 of 47 |
| Asset utilization rating | | 530 of 1097 | 23 of 47 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 8% | 12% | 53% | 57% | 49% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 3% | 3% | 3% | 3% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 17% | 34% | 21% | 6% | 6% | 7% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 3% | 4% | 3% | 3% | 3% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 83% | 66% | 79% | 94% | 94% | 93% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 88% | 88% | 88% | 88% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 90% | 74% | 82% | 108% | 110% | 104% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 64% | 72% | 95% | 97% | 91% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 10% | 26% | 18% | -8% | -10% | -4% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | 30% | 22% | -9% | -10% | -4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 9% | 9% | 9% | 9% | 9% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.44 | 0.41 | 0.45 | 0.53 | 0.56 | 0.55 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.10 | 1.92 | 2.08 | 2.28 | 2.35 | 2.34 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.52 | 0.79 | 0.94 | 1.21 | 1.31 | 1.29 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.10 | 1.33 | 1.14 | 0.94 | 0.92 | 0.98 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.32 | 0.75 | 0.88 | 1.07 | 1.08 | 1.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.76 | 3.72 | 1.54 | -0.69 | -0.78 | -0.21 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 32% | 50% | 56% | 57% | 50% | 44% |
Debt ratio Debt ratio = Debt / Total assets | 11% | 11% | 13% | 10% | 4% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 147% | 120% | 98% | 81% | 90% | 102% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $6,678,315 | $3,717,520 | $2,457,122 | $1,508,994 | $2,123,000 |
| Receivables, inventories, prepaids | $9,754,143 | $7,505,065 | $5,875,594 | $5,603,158 | $5,074,768 |
| Short-term investments | $857,202 | $1,493,401 | $913,014 | $1,249,962 | $1,003,702 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $17,289,660 | $12,715,986 | $9,245,730 | $8,362,114 | $8,201,470 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $15,884,045 | $13,668,812 | $11,799,035 | $11,251,922 | $10,985,487 |
| Other long-term assets | $527 | $887 | $1,247 | $1,607 | $1,967 |
| Total long-term assets | $15,884,572 | $13,669,699 | $11,800,282 | $11,253,529 | $10,987,454 |
| Total assets | $33,174,232 | $26,385,685 | $21,046,012 | $19,615,643 | $19,188,924 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $890,677 | $787,682 | $1,269,610 | $605,366 | $612,984 |
| Other current liabilities | $12,146,480 | $10,400,035 | $8,613,862 | $8,465,873 | $7,772,964 |
| Total current liabilities | $13,037,157 | $11,187,717 | $9,883,472 | $9,071,239 | $8,385,948 |
| Debt | $3,699,962 | $3,545,334 | $2,124,759 | $724,255 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $3,699,962 | $3,545,334 | $2,124,759 | $724,255 | $0 |
| Total liabilities | $16,737,119 | $14,733,051 | $12,008,231 | $9,795,494 | $8,385,948 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $11,053,780 | $8,909,679 | $8,232,479 | $9,030,959 | $10,072,923 |
| With donor restrictions | $5,383,333 | $2,742,955 | $805,302 | $789,190 | $730,053 |
| Net assets | $16,437,113 | $11,652,634 | $9,037,781 | $9,820,149 | $10,802,976 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $6,411,759 | $3,060,834 | $653,874 | $596,979 | $732,344 |
| Program service revenue | $11,892,299 | $9,873,022 | $9,487,696 | $9,088,348 | $9,287,116 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $114,579 | $35,674 | $22,594 | $48,708 | $39,465 |
| Other revenue | $212,923 | $1,494,774 | $187,330 | $189,102 | $127,637 |
| Total other revenue | $12,219,801 | $11,403,470 | $9,697,620 | $9,326,158 | $9,454,218 |
| Total revenue | $18,631,560 | $14,464,304 | $10,351,494 | $9,923,137 | $10,186,562 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $12,005,582 | $10,476,684 | $9,805,913 | $9,599,133 | $9,276,695 |
| Management and general | $1,184,385 | $1,070,705 | $990,091 | $987,392 | $979,293 |
| Fundraising | $515,363 | $361,760 | $345,278 | $338,194 | $356,986 |
| Total expenses | $13,705,330 | $11,909,149 | $11,141,282 | $10,924,719 | $10,612,974 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $4,926,230 | $2,555,155 | ($789,788) | ($1,001,582) | ($426,412) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $4,926,230 | $2,555,155 | ($789,788) | ($1,001,582) | ($426,412) |
Compensation
| Name | Title | Compensation |
| Braxton Brady | Head of School | $255,127 |
| John Adams | Director of Advancement | $121,841 |
| Jennifer Shorten | Academic Dean | $110,677 |
| Scott Vogel | Chief Operating Officer | $93,586 |
Compensation data as of: 6/30/2022
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 11/30/2022. To update the information below, please email: [email protected]
History
Program accomplishments
81% Seniors Awarded Scholarships
48 zip codes represented
19 theatre performances
18 varsity sports teams
84 churches represented
71 colleges accepting ECS students
520 US/MS students in discipleship groups
57 years partnering with parents
12 million dollars in scholarships awarded to the Class of 2020
7:1 Student/Faculty ratio
37% Upper School students enrolled in AP classes
26 state championships
30% Class of 2020 who scored 29 or above on the ACT