The Academy of Classical Christian Studies 




The information on this page was last updated 9/24/2026. If you see errors or omissions, please email: [email protected]
Summary
The Academy of Classical Christian Studies is Oklahoma City's only full-service PreK-12 classical Christian school, providing a Christian transdenominational offering of multiple models of classical Christian education to over 1000+ students on 3 different campuses across the Oklahoma City metro.
Contact information
Mailing address:
The Academy of Classical Christian Studies
1120 E. Hefner Road
Oklahoma City, OK 73131
Website: theacademyok.org
Phone: (405) 478-2077
Organization details
EIN: 830370543
CEO/President: Nathan Carr
Chairman: Joe Broome
Board size: 10
Founder:
Ruling year: 2004
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
We serve families through multiple classical Christian models to reform education in Oklahoma City, the state of Oklahoma, the nation, and world.
Mission statement
The Academy assists parents in shaping students' affections for Truth, Goodness, and Beauty, for the benefit of man and the glory of Jesus Christ.
Statement of faith
We believe in one God, the Father Almighty, Maker of heaven and earth, of all things visible and invisible. And in one Lord Jesus Christ, the only-begotten Son of God, begotten of his Father before all worlds, God of God, Light of Light, very God of very God, begotten, not made, being of one substance with the Father, by whom all things were made; who for us and for our salvation came down from heaven, and was incarnate by the Holy Spirit of the virgin Mary, and was made man; and was crucified also for us under Pontius Pilate; he suffered and was buried; and the third day he rose again according to the Scriptures, and ascended into heaven, and is seated at the right hand of the Father; and he shall come again, with glory, to judge both the living and the dead; whose kingdom shall have no end. And we believe in the Holy Spirit, the Lord and giver of life, who proceeds from the Father and the Son; who with the Father and the Son together is worshiped and glorified; who spoke by the prophets; and we believe in one holy catholic and apostolic church; we acknowledge one baptism for the remission of sins; and we look for the resurrection of the dead, and the life of the world to come. Amen.
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 | ![]() ![]() ![]() ![]() ![]() | 223 of 1538 | 36 of 249 |
| Fund acquisition rating | ![]() ![]() ![]() ![]() ![]() | 34 of 1539 | 24 of 249 |
| Resource allocation rating | ![]() ![]() ![]() ![]() ![]() | 97 of 1539 | 15 of 249 |
| Asset utilization rating | ![]() | 1170 of 1539 | 205 of 249 |
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 | 9% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 33% | 20% | 39% | 44% | 45% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 67% | 80% | 61% | 56% | 55% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 100% | 100% | 100% | 100% | 100% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 70% | 89% | 80% | 67% | 54% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 70% | 89% | 80% | 67% | 54% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 30% | 11% | 20% | 33% | 46% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 27% | 8% | 16% | 32% | 63% |
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 | 0.55 | 0.47 | 0.43 | 0.39 | 0.37 | 0.42 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.06 | 6.55 | 4.35 | 4.11 | 3.85 | 1.99 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.00 | 3.10 | 1.85 | 1.62 | 1.41 | 0.84 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.78 | 2.25 | 2.15 | 2.37 | 1.94 | 3.46 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.36 | 0.45 | 0.47 | 0.42 | 0.52 | 0.29 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.46 | 2.15 | 3.45 | 4.28 | 4.12 | 10.16 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 30% | 27% | 36% | 38% | 44% | 43% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 20% | 25% | 27% | 30% | 29% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 115% | 155% | 151% | 158% | 154% | 135% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $2,111,763 | $2,930,105 | $4,531,360 | $4,691,430 | $6,294,274 |
| Receivables, inventories, prepaids | $570,197 | $643,414 | $582,567 | $426,118 | $388,239 |
| Short-term investments | $1,413,064 | $1,550,954 | $27,487 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $4,095,024 | $5,124,473 | $5,141,414 | $5,117,548 | $6,682,513 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $21,713,957 | $17,176,767 | $15,999,112 | $14,593,488 | $6,610,594 |
| Other long-term assets | $1,000,000 | $0 | $0 | $0 | $0 |
| Total long-term assets | $22,713,957 | $17,176,767 | $15,999,112 | $14,593,488 | $6,610,594 |
| Total assets | $26,808,981 | $22,301,240 | $21,140,526 | $19,711,036 | $13,293,107 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $747,414 | $454,001 | $86,404 | $511,646 | $78,478 |
| Other current liabilities | $1,075,538 | $1,934,407 | $2,085,116 | $2,130,920 | $1,853,104 |
| Total current liabilities | $1,822,952 | $2,388,408 | $2,171,520 | $2,642,566 | $1,931,582 |
| Debt | $5,284,535 | $5,537,670 | $5,755,144 | $5,965,395 | $3,799,199 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $15,807 | $0 | $0 |
| Total long-term liabilities | $5,284,535 | $5,537,670 | $5,770,951 | $5,965,395 | $3,799,199 |
| Total liabilities | $7,107,487 | $7,926,078 | $7,942,471 | $8,607,961 | $5,730,781 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $19,704,494 | $14,375,162 | $13,198,055 | $11,103,075 | $4,655,810 |
| With donor restrictions | ($3,000) | $0 | $0 | $0 | $2,906,516 |
| Net assets | $19,701,494 | $14,375,162 | $13,198,055 | $11,103,075 | $7,562,326 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $5,990,774 | $2,142,644 | $4,025,286 | $4,765,905 | $4,690,066 |
| Program service revenue | $11,841,804 | $8,390,560 | $6,327,315 | $5,951,502 | $5,026,635 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $121,493 | $89,158 | $57,788 | $7,256 | $637,468 |
| Other revenue | $64,063 | $59,278 | $14,975 | $18,350 | $5,375 |
| Total other revenue | $12,027,360 | $8,538,996 | $6,400,078 | $5,977,108 | $5,669,478 |
| Total revenue | $18,018,134 | $10,681,640 | $10,425,364 | $10,743,013 | $10,359,544 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $12,691,802 | $9,504,533 | $8,330,384 | $7,202,264 | $5,610,206 |
| Management and general | $0 | $0 | $0 | $0 | $0 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $12,691,802 | $9,504,533 | $8,330,384 | $7,202,264 | $5,610,206 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $5,326,332 | $1,177,107 | $2,094,980 | $3,540,749 | $4,749,338 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $5,326,332 | $1,177,107 | $2,094,980 | $3,540,749 | $4,749,338 |
Compensation
| Name | Title | Compensation |
| Nathan Carr | Headmaster | $138,462 |
| Stephen Taylor | Associate Headmaster | $120,260 |
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 9/24/2026. To update the information below, please email: [email protected]
