Trinity Christian Academy - Addison, TX 
The information on this page was last updated 3/28/2024. If you see errors or omissions, please email: [email protected]
Summary
Trinity Christian Academy is a private coeducational school for grades preK-12 which offers Christian families and their children a demanding, college preparatory curriculum within a Christian community committed to integrating biblical faith and learning.
Contact information
Mailing address:
Trinity Christian Academy
17001 Addison Road
Addison, TX 75001
Website: trinitychristian.org
Phone: (972) 931-8325
Email: [email protected]
Organization details
EIN: 751324332
CEO/President: Dr. Jeff Williams
Chairman: Stacy Dore
Board size: 12
Founder: Small group of parents
Ruling year: 1971
Tax deductible: Yes
Fiscal year end: 07/31
Member of ECFA: Yes
Member of ECFA since: 1988
Purpose
Founded on the purpose of educating and developing the whole person for the glory of God, we believe there's more for us to do than simply teach and ultimately, there's more for our children to do than simply learn. Within these walls, there's more than just books and technology, more than just athletics and arts.
Our passion is to bring all students into a personal, growing relationship with Jesus Christ while equipping them to do with excellence all that God has called them to do.
Mission statement
Trinity Christian Academy is an independent coeducational school, which offers Christian families and their children a demanding, college preparatory curriculum within a Christian community committed to integrating Biblical faith and learning. The school desires to educate and develop the whole person for the glory of God by helping equip each student to grow in the grace and knowledge of Jesus Christ, and to become a faithful disciple of Him.
Statement of faith
A. We believe in the verbal, plenary inspiration of both the Old and New Testaments, i.e. that the very words of the original Scriptures are infallible and inerrant and that they are our final and absolute authority in every area of life and knowledge.
B. We believe in one God, eternally existing in three co-equal Persons: Father, Son, and Holy Spirit.
C. We believe that Jesus Christ was conceived by the Holy Spirit, born of the Virgin Mary, and that He is both undiminished deity and genuine humanity in one Person forever.
D. We believe that God the Holy Spirit is a personal Being who convicts the world of sin and who regenerates, indwells, empowers, guides, and bestows spiritual gifts on believers, and who seals them eternally for God.
E. We believe that man was created by a direct act of God in His image, not from previously existing life, that all men sinned in Adam (the historical father of the entire human race) and thus incurred both physical and spiritual death, and that all men have inherited a sinful nature.
F. We believe that Jesus Christ died as substitutionary sacrifice for our sins and that through faith in Him as Lord and Savior, we are declared righteous by God and are eternally secure in Christ.
G. We believe that salvation is by grace through faith in Jesus Christ, totally apart from human merit, and that the experience of regeneration produces a new creature in Christ.
H. We believe that Jesus Christ rose from the dead-physically and bodily-and that He ascended in like form into heaven, where He continually ministers as our Great High Priest and Advocate.
I. We believe that this age will be consummated by the literal, visible, bodily return of Jesus Christ to this earth.
J. We believe in the bodily resurrection of the just and the unjust, the everlasting blessedness of the saved, and the everlasting punishment of the lost.
K. We believe that all believers are under the mandate of Jesus Christ to proclaim the gospel to all the world.
Our Doctrinal Statement does not exhaust the extent of our beliefs and teachings. The Bible itself, as the inspired and infallible Word of God, speaks with final authority concerning truth, morality and the proper conduct of mankind and is the sole and final source of all that we believe and teach. For purposes of faith, doctrine, practice, policy and discipline, the TCA Board of Trustees designates the Headmaster as TCA's final interpretive authority on the Bible's meaning and application.
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 | | 196 of 1118 | 9 of 50 |
| Fund acquisition rating | | 633 of 1119 | 36 of 50 |
| Resource allocation rating | | 16 of 1119 | 1 of 50 |
| Asset utilization rating | | 379 of 1118 | 15 of 50 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 22% | 11% | 31% | 28% | 46% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 3% | 3% | 4% | 4% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 12% | 14% | 28% | 13% | 13% | 8% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 2% | 4% | 4% | 4% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 88% | 86% | 72% | 87% | 87% | 92% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 94% | 91% | 91% | 91% | 91% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 130% | 80% | 107% | 97% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 123% | 72% | 97% | 88% | 89% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | -30% | 20% | -7% | 3% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | -23% | 16% | -4% | 2% | 1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 3% | 6% | 5% | 5% | 5% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.51 | 0.67 | 0.43 | 0.49 | 0.44 | 0.47 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.24 | 3.27 | 3.45 | 3.43 | 3.29 | 3.03 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.92 | 2.18 | 1.49 | 1.69 | 1.44 | 1.42 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.25 | 1.13 | 0.98 | 1.16 | 1.27 | 1.40 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.31 | 0.89 | 1.02 | 0.86 | 0.79 | 0.71 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.14 | 0.63 | -0.15 | 1.00 | 1.77 | 2.41 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 33% | 34% | 33% | 25% | 24% | 24% |
Debt ratio Debt ratio = Debt / Total assets | 9% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 135% | 100% | 154% | 152% | 174% | 163% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $12,541,019 | $3,904,382 | $6,375,869 | $10,349,150 | $5,603,658 |
| Receivables, inventories, prepaids | $825,551 | $809,186 | $707,707 | $1,142,476 | $702,329 |
| Short-term investments | $9,815,646 | $16,513,146 | $12,023,493 | $8,005,519 | $13,864,229 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $23,182,216 | $21,226,714 | $19,107,069 | $19,497,145 | $20,170,216 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $2,931,717 | $18,368,172 | $4,908,310 | $5,573,656 | $3,242,991 |
| Other long-term assets | $49,613,183 | $33,722,955 | $41,443,710 | $39,055,592 | $37,713,309 |
| Total long-term assets | $52,544,900 | $52,091,127 | $46,352,020 | $44,629,248 | $40,956,300 |
| Total assets | $75,727,116 | $73,317,841 | $65,459,089 | $64,126,393 | $61,126,516 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $2,149,336 | $4,990,760 | $2,394,149 | $2,091,072 | $1,458,017 |
| Other current liabilities | $18,371,842 | $16,639,912 | $14,038,264 | $13,275,863 | $12,963,288 |
| Total current liabilities | $20,521,178 | $21,630,672 | $16,432,413 | $15,366,935 | $14,421,305 |
| Debt | $0 | $0 | $0 | $32,632 | $62,171 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $4,965,204 | $2,874,189 | $0 | $0 | $0 |
| Total long-term liabilities | $4,965,204 | $2,874,189 | $0 | $32,632 | $62,171 |
| Total liabilities | $25,486,382 | $24,504,861 | $16,432,413 | $15,399,567 | $14,483,476 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $39,509,723 | $36,398,971 | $29,651,253 | $29,418,260 | $28,816,428 |
| With donor restrictions | $10,731,011 | $12,414,009 | $19,375,423 | $19,308,566 | $17,826,612 |
| Net assets | $50,240,734 | $48,812,980 | $49,026,676 | $48,726,826 | $46,643,040 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $5,417,687 | $10,988,115 | $3,784,066 | $3,795,346 | $2,329,359 |
| Program service revenue | $33,066,410 | $28,727,042 | $26,428,431 | $24,705,167 | $26,426,931 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $302,400 | ($43,263) | $3,495 | $307,870 | $341,071 |
| Other revenue | $13,956 | $17,581 | $28,261 | $10,746 | $9,470 |
| Total other revenue | $33,382,766 | $28,701,360 | $26,460,187 | $25,023,783 | $26,777,472 |
| Total revenue | $38,800,453 | $39,689,475 | $30,244,253 | $28,819,129 | $29,106,831 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $47,596,416 | $28,774,208 | $29,437,055 | $25,450,963 | $26,044,736 |
| Management and general | $1,678,993 | $1,746,944 | $1,656,564 | $1,538,006 | $1,541,487 |
| Fundraising | $1,174,999 | $1,205,285 | $1,157,515 | $1,077,729 | $1,065,834 |
| Total expenses | $50,450,408 | $31,726,437 | $32,251,134 | $28,066,698 | $28,652,057 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($11,649,955) | $7,963,038 | ($2,006,881) | $752,431 | $454,774 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($11,649,955) | $7,963,038 | ($2,006,881) | $752,431 | $454,774 |
Compensation
| Name | Title | Compensation |
| Lewis Rebecca | Executive Director of Foun | $277,064 |
| Delph David | Head of School | $250,300 |
| Williams Jeff | Head of School | $230,130 |
| Morrill Kyle | Us Principal | $171,413 |
| Kegerreis Kristy | Chief of Staff | $156,397 |
| Pendelton Kent Lund | Technology Chair | $133,237 |
| Branstetter Belinda | Major Gifts Officer | $129,130 |
Compensation data as of: 7/31/2023
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 3/28/2024. To update the information below, please email: [email protected]
History
Founded in 1970, TCA was started by a small group of parents who were committed to building a school with a strong curriculum within a framework of traditional Christian values. TCA opened with 80 students, grades nine through twelve, and its first graduating class had one senior. In 1976, the growing school moved to the Town of Addison, which at the time only had a few houses, no water or sewage hook-ups and plenty of sorghum fields.
Today, TCA is one of the largest, single-campus, preK-12 schools in the country, serving over 1,400 students on a debt-free, 40+ acre campus. The school is fully accredited, and TCA graduates are accepted to a wide variety of colleges and universities, including the nation's most prestigious institutions. Our families attend over 197 different churches, representing 22 different Christian denominations and religious groups.
Program accomplishments
1440+ student body
160 teaching faculty
$1.7 Million awarded to TCA families for tuition assistance
21 Varsity sports and 19 Middle School sports
Over 65 clubs, activities and leadership opportunities, preK-12
Over 20,000 hours of community service by Upper School students annually
55 AP/honors classes offered