Pantego Christian Academy 
The information on this page was last updated 10/9/2026. If you see errors or omissions, please email: [email protected]
Summary
Equipping servant leaders to honor Christ and impact the world
Contact information
Mailing address:
Pantego Christian Academy
2201 W. Park Row
Pantego, TX 76013
Website: www.pantego.com
Phone: (817)-460-3315
Email: [email protected]
Organization details
EIN: 752379341
CEO/President: Kathy Ferrell
Chairman: Andrew Cooley
Board size: 10
Founder:
Ruling year: 1993
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
To produce students who are impassioned and prepared to fulfill God's call in all aspects of their lives.
Mission statement
Equipping servant leaders to honor Christ and impact the world.
Statement of faith
We believe the Bible to be the inspired and only infallible, authoritative, inerrant Word of God (2 Timothy 3:16; 2 Peter 1:21).
We believe there is one God, eternally existent in three Persons: Father, Son, and Holy Spirit (Genesis 1:1; Matthew 28:19; John 10:30).
We believe in the deity of Christ (John 10:33); His virgin birth (Isaiah 7:14; Matthew 1:23; Luke 1:35); His sinless life (Hebrews 4:15; 7:26); His miracles (John 2:11); His vicarious and atoning death (1 Corinthians 15:3; Ephesians 1:7; Hebrews 2:9); His resurrection (John 11:25; 1 Corinthians 15:4); His ascension to the right hand of the Father (Mark 16:19); His personal return in power and glory (Acts 1:11; Revelation 19:11).
We believe in the absolute necessity of regeneration by the Holy Spirit for salvation because of the exceeding sinfulness of human nature, and that men are justified on the single ground of faith in the shed blood of Christ, and that only by God's grace and through faith alone we are saved (John 3:16-19, 5:24; Romans 3:23, 5:8-9; Ephesians 2:8-10; Titus 3:5).
We believe in the resurrection of both the saved and the lost; those that are saved unto the resurrection of life, and those that are lost unto the resurrection of damnation (John 5:28-29).
We believe in the spiritual unity of believers in our Lord Jesus Christ (Romans 8:9; 1 Corinthians 12:12-13; Galatians 3:26-28).
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life (Romans 8:13-14; 1 Corinthians 3:16, 6:19-20; Ephesians 4:30, 5:18).
We believe that because God our Creator established marriage as a sacred institution between one man and one woman, the idea that marriage is a covenant only between one man and one woman has been the traditional definition of marriage for all of human history ("Traditional Definition of Marriage"). Because of the longstanding importance of the Traditional Definition of Marriage to humans and their relationships and communities, and, most importantly, the fact that God has ordained that marriage be between one man and one woman, as clearly conveyed in God's inerrant Scriptures, including for example in Matthew 19:4-6 where in speaking about marriage Jesus referred to the fact that "he which made them at the beginning made them male and female," the Corporation hereby creates this policy, which shall be known as the "Marriage Policy".
We believe that in no case shall persons be accepted into volunteership, academic acceptance, and/or employment who are known to be or perceived to be living in a common-law state of matrimony. (1 Thess. 4:3)
We believe that Sexuality and the divinely prescribed boundaries for the expression thereof is covered clearly in the Holy Scriptures, which limit sexual expression to the marital relationship of one man with one woman. Homosexual acts, adultery, bestiality, and all forms of fornication are categorically condemned in the Holy Scriptures. (See 1 Cor. 6:18; 1 Thes. 4:3; Rom. 1:26-27; Prov. 5:3-5, 8-13, 7:21-27; Gal. 5:19; Exodus 20:14; Deut. 5:18; Matt. 5:27, 19:18; Luke 18:20; Rom. 13:9; James 2:11; Lev. 20:10-21; 1 Cor. 10:8, 6:18; Jude 7.) Furthermore, the Corporation believes that sexuality is assigned by God at birth, whatever that may be, and the Holy Scripture does not permit an individual from altering their sexual identity physically or otherwise (See Deut. 23:1).
Donor confidence score
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Transparency grade
D
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Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1429 of 1582 | 261 of 271 |
| Fund acquisition rating | | 1247 of 1583 | 218 of 271 |
| Resource allocation rating | | 1518 of 1583 | 261 of 271 |
| Asset utilization rating | | 846 of 1583 | 154 of 271 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 41% | 28% | 18% | 20% | 15% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 2% | 2% | 2% | 1% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 12% | 5% | 6% | 10% | 8% | 16% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 2% | 2% | 2% | 2% | 3% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 88% | 95% | 94% | 90% | 92% | 84% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 62% | 62% | 61% | 61% | 65% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 87% | 84% | 79% | 79% | 93% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 54% | 52% | 48% | 48% | 61% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 13% | 16% | 21% | 21% | 7% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 12% | 16% | 24% | 50% | 31% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 36% | 36% | 37% | 37% | 32% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.54 | 0.43 | 0.44 | 0.43 | 0.46 | 0.63 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.13 | 2.07 | 1.99 | 2.28 | 2.96 | 4.95 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.98 | 0.89 | 0.86 | 0.97 | 1.37 | 3.13 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 1.96 | 2.00 | 1.63 | 1.12 | 0.69 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.51 | 0.50 | 0.61 | 0.89 | 1.44 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.53 | 6.58 | 6.96 | 4.77 | 0.95 | -1.69 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 30% | 46% | 49% | 54% | 75% | 85% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 21% | 23% | 26% | 45% | 56% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 116% | 126% | 118% | 109% | 53% | 23% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Cash | $10,881,255 | $10,695,210 | $8,633,288 | $4,924,863 | $2,397,977 |
| Receivables, inventories, prepaids | $99,213 | $137,816 | $91,860 | $73,727 | $122,176 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $10,980,468 | $10,833,026 | $8,725,148 | $4,998,590 | $2,520,153 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $11,776,210 | $10,688,705 | $11,204,320 | $9,786,344 | $9,930,753 |
| Other long-term assets | $23,081 | $0 | $0 | $9,039 | $16,921 |
| Total long-term assets | $11,799,291 | $10,688,705 | $11,204,320 | $9,795,383 | $9,947,674 |
| Total assets | $22,779,759 | $21,521,731 | $19,929,468 | $14,793,973 | $12,467,827 |
| Liabilities | 2025 | 2024 | 2023 | 2021 | 2020 |
| Payables and accrued expenses | $563,668 | $95,684 | $512,611 | $409,169 | $525,395 |
| Other current liabilities | $5,042,145 | $5,309,551 | $4,842,373 | $4,050,971 | $3,105,067 |
| Total current liabilities | $5,605,813 | $5,405,235 | $5,354,984 | $4,460,140 | $3,630,462 |
| Debt | $4,761,840 | $5,033,158 | $5,274,547 | $6,636,716 | $6,980,999 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $22,195 | $41,202 | $64,589 | $61,609 | $41,108 |
| Total long-term liabilities | $4,784,035 | $5,074,360 | $5,339,136 | $6,698,325 | $7,022,107 |
| Total liabilities | $10,389,848 | $10,479,595 | $10,694,120 | $11,158,465 | $10,652,569 |
| Net assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Without donor restrictions | $11,956,084 | $10,211,501 | $8,745,771 | $3,071,873 | $1,020,590 |
| With donor restrictions | $433,827 | $830,635 | $489,577 | $563,635 | $794,668 |
| Net assets | $12,389,911 | $11,042,136 | $9,235,348 | $3,635,508 | $1,815,258 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2021 | 2020 |
| Total contributions | $586,659 | $671,602 | $1,022,424 | $651,835 | $1,328,533 |
| Program service revenue | $10,116,321 | $9,853,544 | $9,075,872 | $7,000,144 | $7,003,041 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $448,662 | $411,970 | $175,410 | $10,374 | $5,481 |
| Other revenue | $131,987 | $231,645 | $443,811 | $994,835 | $109,725 |
| Total other revenue | $10,696,970 | $10,497,159 | $9,695,093 | $8,005,353 | $7,118,247 |
| Total revenue | $11,283,629 | $11,168,761 | $10,717,517 | $8,657,188 | $8,446,780 |
| Expenses | 2025 | 2024 | 2023 | 2021 | 2020 |
| Program services | $6,063,340 | $5,783,149 | $5,166,669 | $4,183,098 | $5,129,117 |
| Management and general | $3,496,924 | $3,393,509 | $3,121,390 | $2,524,548 | $2,561,422 |
| Fundraising | $242,536 | $185,315 | $185,198 | $129,292 | $199,394 |
| Total expenses | $9,802,800 | $9,361,973 | $8,473,257 | $6,836,938 | $7,889,933 |
| Change in net assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Surplus (deficit) | $1,480,829 | $1,806,788 | $2,244,260 | $1,820,250 | $556,847 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,480,829 | $1,806,788 | $2,244,260 | $1,820,250 | $556,847 |
Compensation
| Name | Title | Compensation |
| Dr Katherine B Ferrell | Head of School & CEO | $187,599 |
| Jonathan Kidd | CFO | $123,494 |
Compensation data as of: 6/30/2025
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 10/9/2026. To update the information below, please email: [email protected]
History
Pantego Christian Academy was started in 1963 by Pantego Bible Church on a 7-acre site between Arlington and Pantego to fulfill the desire of some of the church members for a Christian kindergarten for their children.
Since that time, Pantego Christian Academy has established itself as a premier Christian private school. In 1997, the school became an independent school, purchasing the Pantego Bible Church facilities for its use while the church built facilities at a new location. The academy has now expanded to over 14.5 acres.
God's leading has been evident from the first kindergarten classroom to becoming the college preparatory Christian school we are today. The legacy of Christian education from those early days is blessing a new generation today and preparing to bless future generations as His plan for His school continues to unfold.