Colleyville Covenant Christian Academy 
The information on this page was last updated 5/15/2026. If you see errors or omissions, please email: [email protected]
Summary
Classical Christian Education; Championship Athletics; Exemplary Fine Arts; Biblical Worldview
Contact information
Mailing address:
Colleyville Covenant Christian Academy
901 Cheek Sparger Rd.
Colleyville, TX 76034
Website: www.covenantchristian.net
Phone: (817) 281-4333
Email: [email protected]
Organization details
EIN: 752623331
CEO/President: Becca Thomas
Chairman: Corey Holtman
Board size: 11
Founder: Pastor Dale Smith
Ruling year: 1996
Tax deductible: Yes
Fiscal year end: 07/31
Member of ECFA: No
Member of ECFA since:
Purpose
Our UNCOMMON graduates are wise and virtuous followers of Jesus Christ, life-long learners, and eloquent communicators of truth in service of others.
Mission statement
The Mission of Covenant Christian Academy is to provide a biblically based, classical, college preparatory education that inspires a passion for excellence, a heart of grace, and the character of Christ.
Statement of faith
The Bible to be the inspired, only infallible, authoritative, inerrant Word of God. (2 Timothy 3:16, 2 Peter 1:21)
There is one God, eternally existent in three persons - Father, Son and Holy Spirit. (Genesis 1:1, Matthew 28:19, John 10:30)
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, 2 Corinthians 13:4), His ascension to the right hand of the Father (Mark 16:19), and His personal return in power and glory. (Acts 1:11, Revelation 19:11)
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 we are saved. (John 3:16-21, 5:24, Romans 3:23, 5:8-9, Ephesians 2:3-10, Titus 3:5)
In the resurrection of both the saved and the lost; the saved unto the resurrection of life and the lost unto the resurrection of damnation. (John 5:28-29)
In the spiritual unity of believers in our Lord Jesus Christ.(Romans 8:9, 1 Corinthians 12:12-13, Galatians 3:26-28)
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)
That God wonderfully and immutably creates each person as male or female. These two distinct, complementary sexes 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. Therefore, believers should refrain from any and all attempts to physically change, alter, or disagree with their predominant biological sex-including but not limited to elective sex-reassignment, transvestite, transgender, or non-binary "genderqueer" acts or conduct (Genesis 1:26-28, Romans 1:26-32, 1 Corinthians 6:9-11).
The term "marriage" has only one meaning: the uniting of one man and one woman in a single, exclusive union, as delineated in Scriptured (Genesis 2:18-25). Marriage between one man and one woman, for life, uniquely reflects Christ's relationship with His Church (Ephesians 5:21-33). We believe that God intends sexual intimacy to occur only between a man and a woman who are married to each other (I Corinthians 6:18, 7:2-5; Hebrews 13:4). No intimate sexual activity should be engaged in outside of a marriage between a man and a woman.
Any form of sexual immorality (including adultery, cohabitation, fornication, homosexual behavior, bisexual conduct, bestiality, incest, prostitution, voyeurism, pedophilia, exhibitionism, polygamy, polyamory, sologamy, or use of pornography) is sinful and offensive to God (Matthew 15:18-20; 1 Corinthians 6:9-13, Leviticus 18:7-23, Leviticus 20:10-21, Deuteronomy 5:18, Matthew 5:27-28, Romans 1:26-27, 1 Thessalonians 4:3, Hebrews 13:4, Galatians 5:19, Ephesians 4:17-19, Colossians 3:5).
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; I Corinthians 6:9-11).
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 doctrines of Covenant Christian Academy.
All human life is sacred and created by God in His image. Human life is of inestimable worth in all its dimensions, including pre-born babies, the aged, the physically or mentally challenged, and every other state or condition from conception through natural death. We are therefore called to defend, protect, and value all human life.
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Donor confidence score
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Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 433 of 1420 | 58 of 183 |
| Fund acquisition rating | | 950 of 1420 | 131 of 183 |
| Resource allocation rating | | 23 of 1420 | 3 of 183 |
| Asset utilization rating | | 726 of 1421 | 103 of 183 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 28% | 20% | 19% | 51% | 48% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 2% | 2% | 2% | 5% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 6% | 10% | 9% | 10% | 3% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 2% | 2% | 2% | 5% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 94% | 90% | 91% | 90% | 97% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 98% | 98% | 98% | 95% | 98% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 96% | 91% | 96% | 103% | 89% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 95% | 89% | 94% | 97% | 88% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 4% | 9% | 4% | -3% | 11% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 4% | 9% | 4% | -3% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 0% | 0% | 0% | 0% | 0% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.44 | 0.41 | 0.38 | 0.39 | 0.35 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.06 | 1.95 | 2.07 | 2.13 | 2.37 | 2.70 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.80 | 0.87 | 0.84 | 0.82 | 0.93 | 0.95 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 1.30 | 1.21 | 1.19 | 1.11 | 1.13 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.77 | 0.82 | 0.84 | 0.90 | 0.88 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.98 | 3.16 | 2.52 | 2.29 | 1.31 | 1.51 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 29% | 56% | 57% | 60% | 60% | 59% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 16% | 17% | 20% | 22% | 26% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 118% | 100% | 106% | 105% | 103% | 118% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $10,054,939 | $9,250,273 | $8,181,773 | $6,722,112 | $5,443,260 |
| Receivables, inventories, prepaids | $3,799,218 | $3,717,865 | $4,014,318 | $3,821,345 | $3,750,601 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $13,854,157 | $12,968,138 | $12,196,091 | $10,543,457 | $9,193,861 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $13,185,638 | $13,839,873 | $13,836,354 | $14,478,881 | $15,628,577 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $13,185,638 | $13,839,873 | $13,836,354 | $14,478,881 | $15,628,577 |
| Total assets | $27,039,795 | $26,808,011 | $26,032,445 | $25,022,338 | $24,822,438 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $227,378 | $248,694 | $304,293 | $199,615 | $178,737 |
| Other current liabilities | $10,466,468 | $10,434,809 | $9,980,464 | $9,275,855 | $7,923,137 |
| Total current liabilities | $10,693,846 | $10,683,503 | $10,284,757 | $9,475,470 | $8,101,874 |
| Debt | $4,346,811 | $4,584,923 | $5,289,892 | $5,513,520 | $6,431,207 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $4,346,811 | $4,584,923 | $5,289,892 | $5,513,520 | $6,431,207 |
| Total liabilities | $15,040,657 | $15,268,426 | $15,574,649 | $14,988,990 | $14,533,081 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $9,809,623 | $9,824,821 | $9,265,136 | $8,495,203 | $9,230,827 |
| With donor restrictions | $2,189,515 | $1,714,764 | $1,192,660 | $1,538,145 | $1,058,530 |
| Net assets | $11,999,138 | $11,539,585 | $10,457,796 | $10,033,348 | $10,289,357 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $786,159 | $1,215,474 | $914,234 | $987,622 | $328,393 |
| Program service revenue | $11,664,774 | $10,732,000 | $9,504,988 | $8,524,198 | $9,385,449 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $11,664,774 | $10,732,000 | $9,504,988 | $8,524,198 | $9,385,449 |
| Total revenue | $12,450,933 | $11,947,474 | $10,419,222 | $9,511,820 | $9,713,842 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $11,771,398 | $10,626,399 | $9,821,884 | $9,265,101 | $8,533,748 |
| Management and general | $0 | $0 | $0 | $0 | $0 |
| Fundraising | $219,982 | $239,286 | $172,890 | $502,728 | $159,027 |
| Total expenses | $11,991,380 | $10,865,685 | $9,994,774 | $9,767,829 | $8,692,775 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $459,553 | $1,081,789 | $424,448 | ($256,009) | $1,021,067 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $459,553 | $1,081,789 | $424,448 | ($256,009) | $1,021,067 |
Compensation
| Name | Title | Compensation |
| Tony Jeffrey | Headmaster | $119,251 |
Compensation data as of: 7/31/2025
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 5/15/2026. To update the information below, please email: [email protected]
History
In 1979, Pastor Dale Smith of Colleyville Presbyterian Church and other faithful congregation members had a strong desire to start a school in Colleyville that would teach students from a Christian worldview. The vision became a reality in 1980 when six kindergarten students started class with their dedicated teacher, Helen Shepherd. Thus, the legacy of Covenant Christian Academy began.
The following year, in 1981, classes for pre-kindergarten, first and second grades were added. Each year a grade level was added until 1992 when the first graduates of Covenant received their diplomas.
Our classical approach to teaching was added to our college preparatory standards in 1998.
Since Covenant's humble beginnings, the school has grown in a myriad of ways. After many fruitful years of sharing facilities and leadership oversight with Colleyville Presbyterian Church, Covenant became an independent entity in 1999. A 33,000 square foot building was completed in 2000 containing large classrooms, science labs, an art studio, computer lab, a music room, basketball court, theatrical stage, weight room, cafeteria and kitchen, and administrative offices.
A new 5th and 6th grade building opened for the 2009-2010 school year, and a Grammar and Pre-Grammar School building, housing Pre-K through 4th grade, opened for the 2010-2011 school year. 2015 brought the completion of a 7,000 sq. ft. addition to the 5th and 6th grade building.
The latest addition to the campus is a new turf football/soccer field, weight room, concession stand, and baseball stadium completed in January 2020. Covenant is a proud member of TAPPS, Texas Association of Private and Parochial Schools, and is accredited by the Association of Classical Christian Schools (ACCS).
Since 1979, Covenant Christian Academy's history reflects the faith of many families who share a common purpose and mission: To provide a biblically based, classical, college preparatory education that inspires a passion for excellence, a heart of grace, and the character of Christ.