Tupelo Christian Preparatory School 
The information on this page was last updated 7/23/2024. If you see errors or omissions, please email: [email protected]
Summary
Since 1988 Tupelo Christian Preparatory School has been and is dedicated to the glory of God and is founded on the belief that God is the source of all truth revealed in the Person of Jesus Christ. All areas of learning (spiritual, academic, physical, and social) are taught from the biblically based belief that truth is revealed in the Word of God. The Bible has prime significance in all subject areas.
Contact information
Mailing address:
Tupelo Christian Preparatory School
5440 Endville Road
Belden, MS 38826
Website: tcps.net
Phone: 662.844.8604
Email: [email protected]
Organization details
EIN: 640808987
CEO/President: Andy Carter
Chairman: Tollie White
Board size: 10
Founder:
Ruling year: 1992
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2008
Purpose
God has established TCPS for the purpose of impacting lives for eternity through a biblically-based, Christcentered education. Our goal is to proclaim Jesus Christ in all aspects of our program with emphasis on academic excellence and biblical Christian values, partnering with parents and the church to prepare godly young men and women so that they may impact their world for Christ.
Mission statement
Leading students in partnership with Christian families, to know Christ and make Him known through rigorous academics, challenging athletics, stimulating arts, and servant-hood activities.
Statement of faith
e believe in the Scripture of the Old and New Testaments as verbally inspired by God, and inerrant in the original writing, and that they are of supreme and final authority in faith and life. (2 Timothy 3:16-17; 2 Peter 1:20-21; Jude 3).
2. We believe in one God, eternally existing in three persons: Father, Son, and Holy Spirit. (Deuteronomy 6:4; Matthew 28:19; Luke 3:21-22)
3. We believe that Jesus Christ was begotten by the Holy Spirit, born of the Virgin Mary and is true God and true man. (Luke 1:30-35; John 1:18; 3:16; Philippians 2:5-11)
4. We believe that man was created in the image of God, that he sinned, and thereby incurred, not only physical death, but also spiritual death which is separation from God; and, that all human beings are born with a sinful nature, and, in the case of those who reach moral responsibility, become sinners in thought, word and deed. (Genesis 1:26-27; 2:16-17; 3:6-19; Romans 3:10-23; 6:23; 7:18; 11:32; Galatians 3:22)
5. 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. (Romans 3:24-28; 5:8-10; 1 Timothy 2:5-6; 1 John 2:1-2)
6. We believe in the resurrection of the crucified body of our Lord, in His ascension into heaven, and His present life there for us as High Priest and Advocate. (John 20:1-29; Acts 1:9-11; Ephesians 1: 20-23; Hebrews 1:3; 2:17; 3:1; 4:14-16; 1 John 2:1)
7. We believe that our Lord and Savior Jesus Christ will personally return and set up His Kingdom wherein He will rule and reign in righteousness. (Acts 1:11; 2 Peter 3:1-13; Revelation 19:116; 20:1-6)
8. 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. (Romans 3:24-28; 8:9-11; 1 Corinthians 12:13; Ephesians 4:30).
9. We believe in the bodily resurrection of the just and the unjust, the blessedness of the saved, and the retribution of the lost. (1 Corinthians 15:51-58; 1 Thessalonians 4:13-18; Revelation 20:11-15; 21:22)
10. "We believe the following concerning marriage, gender, and sexuality: We believe that God wonderfully and immutably creates each person as male or female. These two distinct, complementary genders together reflect the image and nature of God (Genesis 1:26-27). Rejection of one's biological sex is a rejection of the image of God within that person.
We believe that the term "marriage: has only one meaning: the uniting of one man and one woman in a single, exclusive union, as delineated in Scripture (Genesis 2:18-25).
We believe that God intends sexual intimacy to occur only between a man and a woman who are married to each other (1 Corinthians 6:18, 7:2-5; Hebrews 13:4).
We believe that God has commanded that no intimate sexual activity be engaged in outside of a marriage between a man and a woman.
We believe that any form of sexual immorality (including adultery, fornication, homosexual behavior, bisexual conduct, bestiality, incest, and use of pornography) is sinful and offensive to God (Matthew 15:18- 20; Philippians 2:14-16; 1 Thessalonians 5:22).
We believe that it is imperative that all persons employed by the corporation in any capacity, or who serve as volunteers, agree to and abide by this Statement on Marriage, Gender, and Sexuality (Matthew 5:16; Philippians 2:14-16; 1 Thessalonians 5:22).
We believe that God offers redemption and restoration to all who confess and forsake their sin, seeking his mercy and forgiveness through Jesus Christ (Acts 3:19-21; Romans 10:9-10; 1 Corinthians 6:9-11).
We believe that every person must be afforded compassion, love, kindness, respect, and dignity (Mark 12:28-31; Luke 6:31). Hateful and harassing behavior or attitudes directed toward any individual are to be repudiated and are not in accord with Scripture nor the beliefs of the corporation.
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 | | 183 of 1118 | 7 of 50 |
| Fund acquisition rating | | 330 of 1119 | 27 of 50 |
| Resource allocation rating | | 217 of 1119 | 6 of 50 |
| Asset utilization rating | | 444 of 1118 | 17 of 50 |
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 1% | 0% | 1% | 13% | 2% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 0% | 0% | 0% | 2% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 12% | 4% | 9% | 6% | 17% | 3% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 0% | 0% | 0% | 2% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 88% | 96% | 91% | 94% | 83% | 97% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 88% | 87% | 87% | 85% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 98% | 98% | 99% | 89% | 102% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 86% | 85% | 86% | 75% | 85% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 2% | 2% | 1% | 11% | -2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 2% | 2% | 1% | 11% | -2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 12% | 13% | 13% | 13% | 16% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.51 | 0.61 | 0.56 | 0.55 | 0.53 | 0.54 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.24 | 5.62 | 6.17 | 8.71 | 8.72 | 11.44 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.92 | 3.41 | 3.44 | 4.82 | 4.64 | 6.21 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.25 | 1.35 | 1.14 | 0.88 | 1.11 | 0.93 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.31 | 0.74 | 0.88 | 1.14 | 0.90 | 1.07 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.14 | 0.91 | 0.43 | -0.34 | 0.25 | -0.14 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 33% | 36% | 40% | 41% | 40% | 47% |
Debt ratio Debt ratio = Debt / Total assets | 9% | 23% | 25% | 28% | 29% | 38% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 135% | 105% | 108% | 106% | 114% | 97% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $1,576,420 | $1,431,151 | $979,714 | $942,603 | $648,444 |
| Receivables, inventories, prepaids | $32,180 | $81,652 | $86,169 | $85,198 | $147,272 |
| Short-term investments | $44,784 | $37,269 | $33,245 | $37,637 | $28,791 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,653,384 | $1,550,072 | $1,099,128 | $1,065,438 | $824,507 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $7,646,766 | $8,007,435 | $8,471,567 | $8,224,668 | $8,607,297 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $7,646,766 | $8,007,435 | $8,471,567 | $8,224,668 | $8,607,297 |
| Total assets | $9,300,150 | $9,557,507 | $9,570,695 | $9,290,106 | $9,431,804 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $22,908 | $33,860 | $311,807 | $39,459 | $30,144 |
| Other current liabilities | $1,201,804 | $1,325,437 | $936,604 | $921,912 | $852,349 |
| Total current liabilities | $1,224,712 | $1,359,297 | $1,248,411 | $961,371 | $882,493 |
| Debt | $2,151,442 | $2,417,417 | $2,677,680 | $2,721,262 | $3,585,392 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $2,151,442 | $2,417,417 | $2,677,680 | $2,721,262 | $3,585,392 |
| Total liabilities | $3,376,154 | $3,776,714 | $3,926,091 | $3,682,633 | $4,467,885 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $5,839,856 | $5,734,428 | $5,595,600 | $5,455,758 | $4,898,569 |
| With donor restrictions | $84,140 | $46,365 | $49,004 | $151,715 | $65,350 |
| Net assets | $5,923,996 | $5,780,793 | $5,644,604 | $5,607,473 | $4,963,919 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $217,409 | $469,823 | $306,396 | $953,248 | $136,408 |
| Program service revenue | $5,584,061 | $4,964,613 | $5,055,268 | $4,631,595 | $4,884,920 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $6,987 | $3,288 | ($7,419) | ($17,345) | $252 |
| Other revenue | ($32,966) | $30,466 | ($11,430) | $6,399 | $14,407 |
| Total other revenue | $5,558,082 | $4,998,367 | $5,036,419 | $4,620,649 | $4,899,579 |
| Total revenue | $5,775,491 | $5,468,190 | $5,342,815 | $5,573,897 | $5,035,987 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $4,939,417 | $4,658,749 | $4,619,076 | $4,189,818 | $4,282,828 |
| Management and general | $698,132 | $675,084 | $679,971 | $629,286 | $836,696 |
| Fundraising | $2,306 | $2,228 | $2,245 | $120,086 | $2,763 |
| Total expenses | $5,639,855 | $5,336,061 | $5,301,292 | $4,939,190 | $5,122,287 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | $135,636 | $132,129 | $41,523 | $634,707 | ($86,300) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $135,636 | $132,129 | $41,523 | $634,707 | ($86,300) |
Compensation
| Name | Title | Compensation |
| Andy Carter | Head of Scho | $119,874 |
Compensation data as of: 6/30/2024
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 7/23/2024. To update the information below, please email: [email protected]
History
At Tupelo Christian Preparatory School (TCPS) the goal of education is to glorify God by developing students who are equipped and motivated to serve God and others, as they apply a Christian worldview that sees Scripture as authoritative; man as created in God's image, yet fallen; and God as Creator, Lord and Savior (Proverbs 9:10). Because the Bible is true and authoritative, it governs the entire curriculum at TCPS (2 Timothy 3:16). The content of every subject reflects who God is and what he has done. God not only reveals truth through the word he has spoken in Scripture, but also through the creation he has made (Psalm 19:1). Consequently, since our world was created by a wise God, not random chance, science and math can be tested and proved. The words we speak or write have meaning and are true or false, good or evil, creative or destructive. Students are a crowning part of God's creation, made in his image so that they can think his thoughts and do his will (Psalm 8:3-6a). God has given them a mandate to, be fruitful and increase in number; fill the earth and subdue it (Genesis 1:28). This is the purpose of education, equipping the mind and character for a life-long adventure of learning and practice, to fulfill the creation mandate in a godly manner. The task of true education is to develop in students an understanding of God and the reality he has created; to practice that understanding to exercise a creative-redemptive dominion over creation within the context of loving God and fellow human beings. With an attitude of worship, God is glorified as his image is reflected in the lives of students, teachers and parents. We invite you to make application for the enrollment of your children in our school. We offer PK4 year-old through twelfth (12th) grade. It will be an honor and a privilege for us, the faculty and staff of TCPS, to join with you in the Christian education of your children. Thank you for visiting our site. If you have further questions after your online experience, please call us at (662) 844-8604 for more information