The Woodlands Christian Academy
The information on this page was last updated 4/24/2024. If you see errors or omissions, please email: [email protected]
Summary
Woodlands Christian is a PK4-12 Christian, college-preparatory private school. The Woodlands Christian Academy exists to graduate Christ-centered students inspired to fulfill God's purpose for their lives as leaders - spiritually, intellectually, creatively, physically and socially.
Contact information
Mailing address:
The Woodlands Christian Academy
5800 Academy Way
The Woodlands, TX 77384
Website: twca.net
Phone: (936) 273-2555
Email: [email protected]
Organization details
EIN: 760391401
CEO/President: Julie H. Ambler
Chairman: Anthony George
Board size: 6
Founder:
Ruling year: 1993
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2018
Purpose
At The Woodlands Christian Academy, we equip servant leaders to impact their world and eternity for Jesus Christ.
Mission statement
The Woodlands Christian Academy is an independent, Christ-centered, college preparatory school that integrates learning with biblical faith and challenges students to reach their highest potential spiritually, academically, physically and socially, for the glory of Jesus Christ.
Statement of faith
Because The Woodlands Christian Academy is an institution founded by the direction of Christ Jesus, and because the commitment of The Woodlands Christian Academy is to remain always faithful to Him, the following truths are to be held in continual agreement by all persons involved with Woodlands Christian:
1. We believe in the Trinity: God eternally exists in three persons-the Father, the Son, and the Holy Spirit-and these three are one God, having precisely the same nature, attributes, and perfection.
2. We believe in the full deity and humanity of Christ: we believe that Jesus Christ is both God and man. Although He is fully God, He was born of a virgin and lived a perfect sinless life as a man.
3. We believe in the spiritual lostness of the human race: all men have sinned and have separated themselves from God by their sin.
4. We believe in the substitutionary atonement and bodily resurrection of Christ: Christ's death on the Cross paid the penalty for sin and removed humanity's separation from God. Christ physically rose from the dead and is now at the right hand of the Father making intercession for all who trust in Him.
5. We believe in salvation by faith alone in Christ alone: salvation is a gift of God to all who trust in Jesus Christ as Lord and Savior. We believe that at the time of salvation, the Holy Spirit indwells the believer.
6. We believe in the physical return of Christ: Jesus Christ will one day return in power and glory; the believer will be united with Christ to live eternally in His presence, while the unbeliever will be eternally separated from God.
7. We believe in the authority and inerrancy of Scripture: the Bible is the only inspired word of God and is inerrant by His design.
Donor confidence score
Show donor confidence score detailsTransparency grade
A
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Financial efficiency ratings
Sector: K-12 Schools/Academies
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 435 of 1118 | 24 of 49 | |
Fund acquisition rating | 462 of 1119 | 32 of 49 | |
Resource allocation rating | 438 of 1119 | 20 of 49 | |
Asset utilization rating | 555 of 1118 | 21 of 49 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 17% | 20% | 27% | 137% | 39% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 3% | 4% | 4% | 6% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 20% | 19% | 14% | 4% | 12% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 4% | 5% | 4% | 6% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 80% | 81% | 86% | 96% | 88% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 85% | 85% | 85% | 82% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 82% | 83% | 85% | 97% | 87% |
Program output ratio Program output ratio = Program services / Total revenue | 80% | 69% | 70% | 72% | 80% | 73% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 18% | 17% | 15% | 3% | 13% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 15% | 14% | 12% | 2% | 11% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 11% | 11% | 10% | 12% | 10% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.50 | 0.46 | 0.41 | 0.39 | 0.42 | 0.38 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.10 | 1.71 | 1.76 | 1.93 | 2.07 | 2.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.87 | 0.79 | 0.71 | 0.75 | 0.87 | 0.76 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.06 | 2.03 | 1.54 | 1.40 | 1.40 | 1.24 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.33 | 0.49 | 0.65 | 0.71 | 0.72 | 0.80 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.17 | 7.75 | 5.89 | 4.55 | 3.93 | 3.08 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 32% | 32% | 39% | 41% | 44% | 45% |
Debt ratio Debt ratio = Debt / Total assets | 9% | 3% | 2% | 3% | 9% | 4% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 137% | 148% | 149% | 151% | 133% | 144% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $27,711,474 | $5,237,453 | $16,401,862 | $14,609,867 | $14,226,086 |
Receivables, inventories, prepaids | $2,900,073 | $8,994,063 | $6,552,387 | $5,364,878 | $6,400,602 |
Short-term investments | $326,870 | $14,328,089 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $30,938,417 | $28,559,605 | $22,954,249 | $19,974,745 | $20,626,688 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $21,933,629 | $21,692,598 | $21,372,447 | $21,328,149 | $20,692,016 |
Other long-term assets | $0 | $0 | $0 | $0 | $0 |
Total long-term assets | $21,933,629 | $21,692,598 | $21,372,447 | $21,328,149 | $20,692,016 |
Total assets | $52,872,046 | $50,252,203 | $44,326,696 | $41,302,894 | $41,318,704 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $1,353,516 | $1,054,710 | $1,497,860 | $958,450 | $2,514,179 |
Other current liabilities | $13,867,237 | $17,505,824 | $14,884,272 | $13,347,036 | $14,084,789 |
Total current liabilities | $15,220,753 | $18,560,534 | $16,382,132 | $14,305,486 | $16,598,968 |
Debt | $1,724,016 | $1,136,285 | $1,364,737 | $3,542,423 | $1,827,915 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $109,003 | $368,009 | $409,424 | $343,138 |
Total long-term liabilities | $1,724,016 | $1,245,288 | $1,732,746 | $3,951,847 | $2,171,053 |
Total liabilities | $16,944,769 | $19,805,822 | $18,114,878 | $18,257,333 | $18,770,021 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $26,396,173 | $25,565,222 | $25,021,229 | $22,270,697 | $20,075,630 |
With donor restrictions | $9,531,104 | $4,881,159 | $1,190,589 | $774,864 | $2,473,053 |
Net assets | $35,927,277 | $30,446,381 | $26,211,818 | $23,045,561 | $22,548,683 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $5,854,656 | $4,620,054 | $2,830,007 | $723,519 | $2,243,048 |
Program service revenue | $23,006,543 | $19,436,338 | $16,771,380 | $16,335,318 | $14,427,392 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $767,146 | $29,843 | $64,028 | $244,600 | $269,068 |
Other revenue | $190,221 | $513,363 | $828,508 | $498,236 | $1,164,175 |
Total other revenue | $23,963,910 | $19,979,544 | $17,663,916 | $17,078,154 | $15,860,635 |
Total revenue | $29,818,566 | $24,599,598 | $20,493,923 | $17,801,673 | $18,103,683 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $20,609,341 | $17,268,320 | $14,765,479 | $14,251,674 | $13,240,307 |
Management and general | $2,715,450 | $2,192,902 | $1,786,577 | $2,062,299 | $1,586,447 |
Fundraising | $1,012,879 | $917,512 | $775,610 | $990,822 | $873,838 |
Total expenses | $24,337,670 | $20,378,734 | $17,327,666 | $17,304,795 | $15,700,592 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $5,480,896 | $4,220,864 | $3,166,257 | $496,878 | $2,403,091 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $5,480,896 | $4,220,864 | $3,166,257 | $496,878 | $2,403,091 |
Compensation
Name | Title | Compensation |
Julie Ambler | Head of School | $451,952 |
Tom Hauser | CFO/CAO | $222,010 |
Patty Bruha | Lower School Principal | $157,767 |
Stephen Clark | High School Principal | $151,686 |
Randy Hollas | Athletic Director | $117,215 |
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 4/24/2024. To update the information below, please email: [email protected]
History
Per Wikipedia:
The school opened in September 1993, covering grades Pre-Kindergarten through 6th.
In 1999, The Woodlands Christian Academy moved to its pre 40-acre campus on Academy Way. The Timothy Administrative Building was the first permanent structure on campus in 1999. The high school was also established at that time and the first class of twelve students graduated in 2001.
In 2002, Woodlands Christian completed construction of the first gym, pavilion and athletic facilities, including a state of the art baseball complex and lighted football field.
The first permanent classroom building, the Nehemiah Academic Center, opened for the high school during the summer of 2009.
In 2014, the Joshua Academic Center, providing permanent classrooms for lower and middle school students, and a second gym, the David Gymnasium, was completed.
In early May of that year the school held a gala in which it raised $2.5 million. It plans to use the money to establish a synthetic track lane around the American football facilities. The construction was scheduled to be held in 2016 from April to October. The following project was to be a high school facility.