Tupelo Christian Preparatory School

The information on this page was last updated 3/14/2023. 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: SCOTT COCHRAN

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

TCPS is committed to providing a challenging instructional program that is Christ-centered, biblically based which forms the foundation of all truth and promotes a standard of academic rigor while assisting those who demonstrate strong learning potential and preparing all for the next stage of academic pursuit and life.


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

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating79 of 11043 of 48
Fund acquisition rating220 of 110521 of 48
Resource allocation rating198 of 11055 of 48
Asset utilization rating271 of 110414 of 48

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%0%1%13%2%147%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%0%0%2%0%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
16%9%6%17%3%1%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%0%0%2%0%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
84%91%94%83%97%99%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%87%87%85%84%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%98%99%89%102%105%
Program output ratio Program output ratio =
Program services /
Total revenue
74%85%86%75%85%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%2%1%11%-2%-5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%2%1%11%-2%-5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%13%13%13%16%22%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.460.560.550.530.540.51
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.086.178.718.7211.4430.07
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.453.444.824.646.2115.45
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.011.140.881.110.930.32
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.330.881.140.901.073.12
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.190.43-0.340.25-0.14-1.65
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
33%40%41%40%47%46%
Debt ratio Debt ratio =
Debt /
Total assets
12%25%28%29%38%35%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%108%106%114%97%106%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$1,431,151$979,714$942,603$648,444$211,799
Receivables, inventories, prepaids$81,652$86,169$85,198$147,272$97,205
Short-term investments$37,269$33,245$37,637$28,791$0
Other current assets$0$0$0$0$0
Total current assets$1,550,072$1,099,128$1,065,438$824,507$309,004
Long-term investments$0$0$0$0$0
Fixed assets$8,007,435$8,471,567$8,224,668$8,607,297$8,951,517
Other long-term assets$0$0$0$0$32,731
Total long-term assets$8,007,435$8,471,567$8,224,668$8,607,297$8,984,248
Total assets$9,557,507$9,570,695$9,290,106$9,431,804$9,293,252
 
Liabilities20232022202120202019
Payables and accrued expenses$33,860$311,807$39,459$30,144$69,354
Other current liabilities$1,325,437$936,604$921,912$852,349$894,790
Total current liabilities$1,359,297$1,248,411$961,371$882,493$964,144
Debt$2,417,417$2,677,680$2,721,262$3,585,392$3,241,653
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$38,272
Total long-term liabilities$2,417,417$2,677,680$2,721,262$3,585,392$3,279,925
Total liabilities$3,776,714$3,926,091$3,682,633$4,467,885$4,244,069
 
Net assets20232022202120202019
Without donor restrictions$5,734,428$5,595,600$5,455,758$4,898,569$4,958,119
With donor restrictions$46,365$49,004$151,715$65,350$91,064
Net assets$5,780,793$5,644,604$5,607,473$4,963,919$5,049,183
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$469,823$306,396$953,248$136,408$58,010
Program service revenue$4,964,613$5,055,268$4,631,595$4,884,920$4,476,971
Membership dues$0$0$0$0$0
Investment income$3,288($7,419)($17,345)$252$447
Other revenue$30,466($11,430)$6,399$14,407$0
Total other revenue$4,998,367$5,036,419$4,620,649$4,899,579$4,477,418
Total revenue$5,468,190$5,342,815$5,573,897$5,035,987$4,535,428
 
Expenses20232022202120202019
Program services$4,658,749$4,619,076$4,189,818$4,282,828$3,660,805
Management and general$675,084$679,971$629,286$836,696$1,028,218
Fundraising$2,228$2,245$120,086$2,763$85,415
Total expenses$5,336,061$5,301,292$4,939,190$5,122,287$4,774,438
 
Change in net assets20232022202120202019
Surplus (deficit)$132,129$41,523$634,707($86,300)($239,010)
Other changes in net assets$0$0$0$0$0
Total change in net assets$132,129$41,523$634,707($86,300)($239,010)

Compensation

NameTitleCompensation
Andy CarterHead of Scho$119,781

Compensation data as of: 6/30/2023


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 3/14/2023. 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


Program accomplishments


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