St. Andrew's Episcopal School 
The information on this page was last updated 4/24/2024. If you see errors or omissions, please email: [email protected]
Summary
Founded in 1947, St. Andrew's Episcopal School is an independent, college preparatory school for students in pre-K3 through 12th grade.
St. Andrew's Episcopal School has earned a national reputation for academic excellence, but we understand that an outstanding educational experience isn't limited to academics.
While some St. Andrew's students are math prodigies or gifted writers, others were born to paint a portrait or perform a song. St. Andrew's helps each student explore his or her individual interests and strengths, and then teaches students how to build on those unique gifts for success not only at St. Andrew's, but also in college, in a career, and in life.
Contact information
Mailing address:
St. Andrew's Episcopal School
370 Old Agency Rd.
Ridgeland, MS 39157
Website: gosaints.org
Phone: 601-853-6000
Email: [email protected]
Organization details
EIN: 640324405
CEO/President: Kevin Lewis
Chairman: Ravi Raju
Board size: 23
Founder: the Vestry of St. Andrew's Church
Ruling year: 1949
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
St. Andrew's is a close-knit community of students, parents, and teachers of many faiths, cultures, races, and economic backgrounds. Founded in the Episcopal tradition, St. Andrew's is inclusive and supportive of the beliefs of others. Diversity is celebrated, and students are accepting, open to befriending people of many backgrounds.
St. Andrew's Episcopal School is an educational community that strives to love God and love our neighbors as ourselves. We express our faith and tradition through our chapel services, our community life, and our focus on both spiritual growth and religious formation. St. Andrew's began within the walls of St. Andrew's Cathedral, a parish in the Episcopal Diocese of Mississippi, and we are thankful to have a continuing relationship with the Cathedral.
Mission statement
The mission of St. Andrew's is to nurture a diverse community in the Episcopal tradition, fostering spiritual growth, moral responsibility, academic excellence, and artistic and athletic pursuits, while preparing for a life of service to our community and the world.
Statement of faith
St. Andrew's Episcopal School is an educational community that strives to love God and love our neighbors as ourselves. We express our faith and tradition through our chapel services, our community life, and our focus on both spiritual growth and religious formation. St. Andrew's began within the walls of St. Andrew's Church - now St. Andrew's Cathedral - a parish in the Episcopal Diocese of Mississippi. We are thankful to have a continuing relationship with the Cathedral.
Donor confidence score
Transparency grade
F
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 753 of 1106 | 41 of 48 |
| Fund acquisition rating | | 943 of 1107 | 47 of 48 |
| Resource allocation rating | | 541 of 1107 | 27 of 48 |
| Asset utilization rating | | 513 of 1106 | 27 of 48 |
Financial ratios
| Funding ratios | Sector median | 2018 | 2017 | 2016 | 2015 | 2014 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 86% | 65% | 15% | 16% | 63% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 3% | 4% | 4% | 3% | 4% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 15% | 4% | 6% | 22% | 26% | 4% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 3% | 4% | 4% | 4% | 5% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 85% | 96% | 94% | 78% | 74% | 96% |
| Operating ratios | Sector median | 2018 | 2017 | 2016 | 2015 | 2014 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 82% | 82% | 82% | 80% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 106% | 101% | 86% | 79% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 87% | 83% | 70% | 63% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | -6% | -1% | 14% | 21% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | -4% | -1% | 11% | 20% | 0% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 14% | 15% | 14% | 14% | 14% |
| Investing ratios | Sector median | 2018 | 2017 | 2016 | 2015 | 2014 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.46 | 0.44 | 0.39 | 0.46 | 0.55 | 0.59 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.08 | 3.10 | 2.93 | 2.48 | 2.13 | 2.57 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.44 | 1.36 | 1.15 | 1.15 | 1.18 | 1.50 |
| Liquidity ratios | Sector median | 2018 | 2017 | 2016 | 2015 | 2014 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.01 | 16.53 | 9.72 | 6.69 | 17.96 | 13.18 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.33 | 0.06 | 0.10 | 0.15 | 0.06 | 0.08 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.19 | 8.29 | 9.37 | 8.86 | 9.64 | 7.38 |
| Solvency ratios | Sector median | 2018 | 2017 | 2016 | 2015 | 2014 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 33% | 42% | 41% | 30% | 23% | 27% |
Debt ratio Debt ratio = Debt / Total assets | 11% | 32% | 30% | 15% | 11% | 13% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 143% | 133% | 151% | 152% | 139% | 125% |
Financials
| Balance sheet | |||||
| Assets | 2018 | 2017 | 2016 | 2015 | 2014 |
| Cash | $2,264,876 | $2,918,017 | $1,231,848 | $3,075,307 | $2,183,291 |
| Receivables, inventories, prepaids | $5,688,595 | $6,862,843 | $8,907,862 | $6,438,796 | $2,477,436 |
| Short-term investments | $9,072,315 | $8,523,404 | $7,768,254 | $7,686,798 | $7,798,388 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $17,025,786 | $18,304,264 | $17,907,964 | $17,200,901 | $12,459,115 |
| Long-term investments | $15 | $15 | $15 | $15 | $15 |
| Fixed assets | $35,708,010 | $35,302,093 | $26,566,618 | $19,338,687 | $19,459,086 |
| Other long-term assets | $10,750 | $10,500 | $11,420 | $45,040 | $53,851 |
| Total long-term assets | $35,718,775 | $35,312,608 | $26,578,053 | $19,383,742 | $19,512,952 |
| Total assets | $52,744,561 | $53,616,872 | $44,486,017 | $36,584,643 | $31,972,067 |
| Liabilities | 2018 | 2017 | 2016 | 2015 | 2014 |
| Payables and accrued expenses | $1,030,031 | $1,882,584 | $2,675,005 | $957,641 | $945,622 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $1,030,031 | $1,882,584 | $2,675,005 | $957,641 | $945,622 |
| Debt | $17,075,879 | $15,913,000 | $6,846,000 | $3,895,000 | $4,187,000 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $3,801,312 | $4,055,699 | $3,613,433 | $3,720,798 | $3,424,690 |
| Total long-term liabilities | $20,877,191 | $19,968,699 | $10,459,433 | $7,615,798 | $7,611,690 |
| Total liabilities | $21,907,222 | $21,851,283 | $13,134,438 | $8,573,439 | $8,557,312 |
| Net assets | 2018 | 2017 | 2016 | 2015 | 2014 |
| Without donor restrictions | $22,597,746 | $23,963,838 | $24,166,066 | $20,334,453 | $0 |
| With donor restrictions | $8,239,593 | $7,801,751 | $7,185,513 | $7,676,751 | $0 |
| Net assets | $30,837,339 | $31,765,589 | $31,351,579 | $28,011,204 | $23,414,755 |
| Revenues and expenses | |||||
| Revenue | 2018 | 2017 | 2016 | 2015 | 2014 |
| Total contributions | $947,689 | $1,210,939 | $5,192,074 | $6,808,010 | $843,797 |
| Program service revenue | $20,459,935 | $19,252,346 | $18,837,142 | $17,793,520 | $15,968,988 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $360,810 | $195,913 | $37,427 | $1,094,491 | $597,818 |
| Other revenue | $80,268 | $77,773 | $37,540 | $39,836 | $1,404,641 |
| Total other revenue | $20,901,013 | $19,526,032 | $18,912,109 | $18,927,847 | $17,971,447 |
| Total revenue | $21,848,702 | $20,736,971 | $24,104,183 | $25,735,857 | $18,815,244 |
| Expenses | 2018 | 2017 | 2016 | 2015 | 2014 |
| Program services | $18,996,473 | $17,187,064 | $16,862,406 | $16,269,350 | $15,486,103 |
| Management and general | $3,346,177 | $3,051,840 | $2,988,868 | $2,885,312 | $2,700,521 |
| Fundraising | $814,108 | $791,923 | $787,189 | $1,061,863 | $531,973 |
| Total expenses | $23,156,758 | $21,030,827 | $20,638,463 | $20,216,525 | $18,718,597 |
| Change in net assets | 2018 | 2017 | 2016 | 2015 | 2014 |
| Surplus (deficit) | ($1,308,056) | ($293,856) | $3,465,720 | $5,519,332 | $96,647 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($1,308,056) | ($293,856) | $3,465,720 | $5,519,332 | $96,647 |
Compensation
| Name | Title | Compensation |
| George Penick | Head of School | $266,812 |
| Kevin Lewis | Associate Head of School | $132,006 |
Compensation data as of: 6/30/2018
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 4/24/2024. To update the information below, please email: [email protected]
History
St. Andrew's has served the Jackson, Mississippi area for 70 years offering a college preparatory education, and has always stressed the physical, moral, and academic dimensions of a student's development.
The school's beginnings were modest yet full of inspiring vision. In 1947, the Vestry of St. Andrew's Church voted to use the Parish Hall to house a school program, which would embrace grades first through fourth. A charter was secured, and St. Andrew's Episcopal Day School opened to 45 students. Mrs. Adele Franks was the founding headmistress. Kindergarten and fifth and sixth grades were soon added, and as the numbers grew, so did the school's fine reputation.
Seventh and eighth grades were added by the mid-sixties, and in 1966, St. Andrew's moved to its 14-acre campus on Old Canton Road. Its new facility was described by a local newspaperman who attended the school's opening as being "an architectural and educational wonderland." Upper School grades were added year-by-year in the early 1970s, and the first class of seniors graduated in 1974. During the mid-seventies, African-American students along with minorities from a number of ethnicities and nationalities, attracted by the school's academic reputation and open hand of welcome, enrolled at St. Andrew's.
Long-range planning, which was undertaken at the end of the 1970s, indicated that St. Andrew's would soon outgrow its Old Canton Road campus. Hence, 74 acres of rolling pastureland along the Natchez Trace were purchased, and the successful $4 Million Fund Drive in 1983 made possible the start of new campus construction in October 1984. The North Campus, serving grades ninth through twelfth, opened in September 1985. At that time, a 36,000 square-foot classroom building and the Speer-Lyell Observatory were in place.
Opening in the fall of 1994 on the Ridgeland campus were classroom and laboratory buildings to accommodate the move of the Middle School, a library resource building, and a dining commons building. The Center for Performing Arts opened in 2003, and the McRae Science Center opened in 2011. The South Campus continues as home for pre-K3 through the fourth grade.
Students of all races, ethnicities, and religions attend St. Andrew's. The school belongs to the National Association of Independent Schools (NAIS), is accredited by the Southern Association of Colleges and Schools (SACS) and the Southern Association of Independent Schools (SAIS), and is affiliated with the state's public and parochial schools through the Mississippi High School Activities Association (MHSAA). Honors include recognition by the prestigious Cum Laude Society and an assessment by SACS that St. Andrew's provides "a quality education second to none in the state and the entire Southeast." In 2005, St. Andrew's was selected as a recipient of a grant from the Malone Family Foundation to provide an endowment for scholarships for gifted students with financial need. In total, the endowment campaign of 2004 enabled St. Andrew's to grow its endowment from less than $1 million to its current level today of almost $8 million in invested funds.
St. Andrew's is experiencing enormous success in its largest capital campaign in school history. Forward Saints encompasses additions and improvements on both campuses that benefit every student. The Early Childhood Center and Discovery Center opened on the South Campus in August 2016, and the Athletics and Recreation Center (The ARC) was dedicated in September 2017. Forward Saints is transforming the physical space of our campuses and providing the entire St. Andrew's community with the room and the resources it needs to best live into the school's mission for generations of students to come.