Faith Christian School in Grapevine 
The information on this page was last updated 3/26/2026. If you see errors or omissions, please email: [email protected]
Summary
At Grapevine Faith, education goes beyond academics-it's about nurturing students in an environment where a biblical worldview is woven through every aspect of learning and life. Students are given the unique opportunity to participate in a variety of activities that enrich their experiences and foster personal growth.
Contact information
Mailing address:
Grapevine Faith
730 E Worth Street
Grapevine, TX 76051
Website: www.grapevinefaith.com
Phone: 817-813-2484
Organization details
EIN: 752784724
CEO/President: Ed Smith
Chairman: Brian Williams
Board size: 12
Founder:
Ruling year: 1999
Tax deductible: Yes
Fiscal year end: 07/31
Member of ECFA: No
Member of ECFA since:
Purpose
Empowering Students Through Christ-Centered Education
We believe that education goes beyond the classroom-it shapes character, nurtures faith, and builds a foundation for a life of purpose. At Grapevine Faith, every student is valued, encouraged, and challenged to grow as a disciple and leader. We invite you to experience the difference of a Christ-centered education.
Mission statement
Grapevine Faith exists to develop and graduate authentic Christian leaders. At Grapevine Faith Christian School, we are guided by truth, inspired by wisdom, and committed to living with honor. These core values shape our education, strengthen our faith, and prepare our students to lead with purpose and integrity.
Statement of faith
WE BELIEVE:
the Bible to be the inspired, infallible, immutable Word of God (II Timothy 3:15, II 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; Hebrews 7:26); His miracles (John 2:11); His substitutionary atoning death (I Corinthians 15:3; Ephesians 1:7; Hebrews 2:9) His resurrection (John 11:25; I Corinthians 15:4); 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 the human nature; and that people are justified on the single ground of faith and the shed blood of Christ and that only by God's grace and through faith alone we are saved. Believing in and accepting Christ brings about a vital living personal relationship to every believer (Romans 10:9-13; John 3:16-19; John 5:24; Romans 3:23; Romans 5:8,9; Ephesians 2:8-10; Titus 3:5).
in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life, and they that are lost unto the resurrection of damnation (John 5:28-29).
in the spiritual unity of believers in our Lord Jesus Christ (Romans 8:9; I 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; I Corinthians 3:16; I Corinthians 6:19-20; Ephesians 4:30; Ephesians 5:18).
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 (I Corinthians 6:18, 7:2-5; Hebrews 13:4). We believe that God's command is that there be no sexual intimacy outside of or apart from marriage between a man and a woman.
that God wonderfully foreordained and immutably created each person as either male or female in conformity with their biological sex. These two distinct yet complementary genders together reflect the image and nature of God (Genesis 1:26-27).
that 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 stage or condition from conception through natural death. We are therefore called to defend, protect, and value all human life (Psalm 139).
Our Statement of Faith is not exhaustive of all of our beliefs. The Bible, as the inspired and infallible Word of God, speaks with absolute authority regarding the proper conduct of mankind and is the unchanging foundation for all belief and behavior. The Grapevine Faith Christian School Board of Trustees holds final interpretive authority on biblical meaning and application with regard to faith, doctrine, policy, practice, and discipline.
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 | | 1249 of 1435 | 183 of 191 |
| Fund acquisition rating | | 1373 of 1435 | 190 of 191 |
| Resource allocation rating | | 1012 of 1435 | 138 of 191 |
| Asset utilization rating | | 778 of 1436 | 116 of 191 |
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 | 11% | 61% | 27% | 27% | 6% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 6% | 4% | 3% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 11% | 16% | 13% | 14% | 19% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 6% | 5% | 4% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 89% | 84% | 87% | 86% | 81% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 78% | 79% | 82% | 84% | 82% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 100% | 90% | 95% | 84% | 85% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 78% | 71% | 79% | 71% | 70% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 0% | 10% | 5% | 16% | 15% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 0% | 10% | 5% | 15% | 16% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 15% | 16% | 14% | 15% | 17% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.54 | 0.46 | 0.43 | 0.42 | 0.33 | 0.34 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.99 | 2.66 | 2.69 | 2.62 | 2.38 | 2.38 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.80 | 1.22 | 1.15 | 1.09 | 0.80 | 0.82 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 1.06 | 1.10 | 1.10 | 1.21 | 1.22 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.94 | 0.91 | 0.91 | 0.83 | 0.82 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.98 | 0.55 | 0.98 | 1.00 | 2.60 | 2.62 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 29% | 53% | 52% | 56% | 58% | 61% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 17% | 18% | 21% | 23% | 27% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 117% | 103% | 113% | 106% | 126% | 112% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $8,442,883 | $7,530,371 | $7,647,439 | $9,970,817 | $9,862,800 |
| Receivables, inventories, prepaids | $7,022,870 | $7,637,698 | $7,319,067 | $6,064,114 | $5,452,835 |
| Short-term investments | $811,223 | $557,069 | $875,510 | $1,415,420 | $1,056,822 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $16,276,976 | $15,725,138 | $15,842,016 | $17,450,351 | $16,372,457 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $26,937,721 | $20,905,191 | $22,418,876 | $24,105,596 | $22,642,661 |
| Other long-term assets | $53,197 | $5,701,942 | $3,223,650 | $0 | $0 |
| Total long-term assets | $26,990,918 | $26,607,133 | $25,642,526 | $24,105,596 | $22,642,661 |
| Total assets | $43,267,894 | $42,332,271 | $41,484,542 | $41,555,947 | $39,015,118 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $443,240 | $704,429 | $944,800 | $1,261,889 | $1,539,891 |
| Other current liabilities | $14,922,406 | $13,544,727 | $13,458,597 | $13,179,079 | $11,897,767 |
| Total current liabilities | $15,365,646 | $14,249,156 | $14,403,397 | $14,440,968 | $13,437,658 |
| Debt | $7,335,436 | $7,689,076 | $8,687,029 | $9,561,929 | $10,505,371 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $50,919 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $7,386,355 | $7,689,076 | $8,687,029 | $9,561,929 | $10,505,371 |
| Total liabilities | $22,752,001 | $21,938,232 | $23,090,426 | $24,002,897 | $23,943,029 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $18,227,784 | $18,132,698 | $17,377,290 | $16,527,040 | $14,021,940 |
| With donor restrictions | $2,288,109 | $2,261,341 | $1,016,826 | $1,026,010 | $1,050,149 |
| Net assets | $20,515,893 | $20,394,039 | $18,394,116 | $17,553,050 | $15,072,089 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $2,096,340 | $3,317,844 | $2,324,862 | $2,365,231 | $3,044,814 |
| Program service revenue | $17,385,420 | $16,513,217 | $15,489,556 | $13,948,294 | $12,596,550 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $300,867 | $296,457 | $226,029 | $85,529 | $42,069 |
| Other revenue | $167,992 | $3,936 | $115,237 | $162,785 | $192,611 |
| Total other revenue | $17,854,279 | $16,813,610 | $15,830,822 | $14,196,608 | $12,831,230 |
| Total revenue | $19,950,619 | $20,131,454 | $18,155,684 | $16,561,839 | $15,876,044 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $15,554,093 | $14,340,135 | $14,282,958 | $11,717,833 | $11,069,217 |
| Management and general | $3,030,597 | $2,878,713 | $2,412,290 | $2,041,272 | $2,262,530 |
| Fundraising | $1,271,831 | $880,009 | $629,384 | $141,599 | $122,048 |
| Total expenses | $19,856,521 | $18,098,857 | $17,324,632 | $13,900,704 | $13,453,795 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $94,098 | $2,032,597 | $831,052 | $2,661,135 | $2,422,249 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $94,098 | $2,032,597 | $831,052 | $2,661,135 | $2,422,249 |
Compensation
| Name | Title | Compensation |
| Ed Smith | President, CEO | $270,851 |
| David Armstrong | VP Finance & Operations | $152,854 |
| Jeffrey Michael Horner | VP of Academics | $132,151 |
| Jon Brooks | VP Student Development | $130,434 |
| Dawna Taylor | Director of College & Acad | $128,266 |
| Keith Hall | High School Principal | $106,068 |
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 3/26/2026. To update the information below, please email: [email protected]
History
https://www.grapevinefaith.com/about/history