Seattle Christian School

The information on this page was last updated 3/13/2023. If you see errors or omissions, please email: [email protected]


Summary

Challenging and comprehensive program, diverse multi-denominational community, grace-filled personalized learning for students in grades K-12 on one beautiful campus just off of I-5 in SeaTac, WA. Seattle Christian School assists students in their quest to be fully who God made them to be!


Contact information

Mailing address:
Seattle Christian School
18301 Military Road S
SeaTac, WA 98188

Website: seattlechristian.org

Phone: 206-246-8241

Email: [email protected]


Organization details

EIN: 910655756

CEO/President: Chad McNatt

Chairman: Nick Jansson

Board size: 7

Founder:

Ruling year: 1978

Tax deductible: Yes

Fiscal year end: 07/31

Member of ECFA: Yes

Member of ECFA since: 2018


Purpose

Inspire, equip, and raise up the next generation of Christ followers.


Mission statement

To proclaim Jesus Christ in all aspects of our program, emphasizing academic excellence and biblical Christian values, partnering with parents and the church to prepare godly young men and women so they may impact their world for Christ.


Statement of faith

I believe that there is one God (Deut. 6:4; Mark 12:29-30), eternally existent (Psalm 90:2; Rev. 4:8), in three Persons: Father, Son, and Holy Spirit (Matt. 28:19; II Cor. 13:14), immutable and infinite in wisdom, holiness, power, justice, goodness and truth.

I believe in the inerrancy of the Holy Scriptures of the Old and New Testaments. I believe that:

God, who is Himself Truth and speaks Truth only, has inspired Holy Scripture in order thereby to reveal Himself to lost mankind through Jesus Christ as Creator and Lord, Redeemer and Judge. Holy Scripture is God's witness to Himself.

Holy Scripture, being God's own Word, written by men prepared and superintended by His Spirit, is of infallible divine authority in all matters upon which it touches: it is to be believed, as God's instruction, in all that it affirms; obeyed, as God's command, in all that it requires; embraced, as God's pledge, in all that it promises.

The Holy Spirit, the divine author of the Holy Scriptures, both authenticates Scripture to us by His inward witness and opens our minds to understand its meaning.

Being wholly and verbally God-given, Scripture is without error or fault in its teaching, no less in what it states about God's acts in creation and the events of world history, and about its own literary origins under God, than in its witness to God's saving grace in individual lives.

The authority of Scripture is inescapably impaired if this total divine inerrancy is in any way limited or disregarded, or made relative to a view of truth contrary to the Bible's own; and such lapse brings serious loss to the individual, and Seattle Christian School (Matt. 5:17-19; I Cor. 2:13; II Tim. 3:16-17; II Peter 1:20-21).

I believe that God in the beginning created the heaven and the earth (Gen. 1:1; Acts 17:24; Col. 1:16; Heb. 11:3), and that He still upholds them by His providence (Heb. 1:3; Col. 1:17).

I believe that God created man good and after His own image (Gen. 1:27, 31), that man of his own will sinned against his Creator (Gen. 3:1-7), that man thereby cast himself and his posterity into deepest sin (Gen. 3:16-19; Rom. 5:12) and that man can be saved from sin only by faith in Jesus Christ (Rom. 5:18; Acts 4:12).

I believe in the deity of Jesus Christ (John 1:1; John 20:28), in His virgin birth (Matt. 1:23; Luke 1:26-33), in His sinless life (II Cor. 5:21; Heb. 4:15), in His miracle-working power (Matt. 8:3, 16; John 11:43-44), in His vicarious and atoning death (I Peter 2:24; I John 2:2), in His bodily resurrection (Luke 24:34; I Cor. 15:4-8), in His ascension to the right hand of the Father (Mark 16:19; Acts 1:9-11), and in His personal return in power and glory (Matt. 24:30; Acts 1:11). I believe that for me He was "made to be sin" and for my sins He suffered the judgment of divine justice, voluntarily shedding His precious blood and dying on Calvary's cross, "the just for the unjust, that He might bring us to God" (I Peter 3:18). I confess Him as my personal Savior and Lord.

I believe in the present ministry of the Holy Spirit by Whose indwelling the Christian is enabled to live a godly life (I Cor. 6:11, 19-20; Gal. 5:16-26). I believe that God has called me "unto holiness," to "walk not after the flesh but after the Spirit," to live the victorious Christian life, yielded and separated unto God, in constant subjection to my Lord and Savior Jesus Christ, and to be a living witness before others of His all-sufficient grace, power and peace (Rom. 6:11-13, 8:2,4,12,13; II Cor. 6:14-18; 12:9; Eph. 4:22-24; Col. 2:6; I Thess. 4:7; Heb. 12:14; I Peter 1:14-16; II Peter1:5-8; I John 1:6-9; 2:15-17).

I believe in the spiritual unity of believers in Christ (John 10:16; Eph. 4:4-6).

I believe 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).

(Adopted by Seattle Christian School Board of Directors April 27, 1981.)

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Transparency grade

A

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Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating306 of 110214 of 48
Fund acquisition rating403 of 110327 of 48
Resource allocation rating483 of 110317 of 48
Asset utilization rating354 of 110216 of 48

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%13%15%43%22%70%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%3%3%3%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
16%15%18%6%14%5%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%2%3%2%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
84%85%82%94%86%95%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%84%82%84%84%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
91%95%90%112%108%113%
Program output ratio Program output ratio =
Program services /
Total revenue
74%80%74%94%91%96%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
9%5%10%-12%-8%-13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%3%7%-8%-5%-7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%14%15%14%13%11%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.450.600.520.610.650.57
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.052.042.062.362.522.53
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.451.231.071.431.641.45
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.033.363.895.414.515.49
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.330.300.260.180.220.18
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.406.858.346.825.686.75
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
32%16%14%16%10%9%
Debt ratio Debt ratio =
Debt /
Total assets
12%0%0%7%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%139%165%138%138%159%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$1,872,503$1,618,491$1,148,345$1,827,359$2,376,344
Receivables, inventories, prepaids$305,661$200,831$155,551$688,341$158,252
Short-term investments$3,259,068$3,470,531$2,819,452$1,362,545$1,464,297
Other current assets$0$0$0$0$0
Total current assets$5,437,232$5,289,853$4,123,348$3,878,245$3,998,893
Long-term investments$0$0$0$0$0
Fixed assets$5,635,433$5,592,454$5,618,052$5,884,011$6,099,986
Other long-term assets$0$0$0$4,226$16,407
Total long-term assets$5,635,433$5,592,454$5,618,052$5,888,237$6,116,393
Total assets$11,072,665$10,882,307$9,741,400$9,766,482$10,115,286
 
Liabilities20222021202020192018
Payables and accrued expenses$124,102$56,229$107,659$70,747$82,712
Other current liabilities$1,495,633$1,302,379$654,649$789,529$645,307
Total current liabilities$1,619,735$1,358,608$762,308$860,276$728,019
Debt$0$0$692,500$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$162,303$195,126$99,973$137,487$161,094
Total long-term liabilities$162,303$195,126$792,473$137,487$161,094
Total liabilities$1,782,038$1,553,734$1,554,781$997,763$889,113
 
Net assets20222021202020192018
Without donor restrictions$6,873,760$6,708,147$6,062,224$6,738,599$7,397,052
With donor restrictions$2,416,867$2,620,426$2,124,395$2,030,120$1,829,121
Net assets$9,290,627$9,328,573$8,186,619$8,768,719$9,226,173
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$1,058,613$1,120,511$331,604$803,211$273,168
Program service revenue$5,919,129$5,112,709$4,968,822$5,024,227$4,745,717
Membership dues$0$0$0$0$0
Investment income$103,469$34,226($2,892)$100,756$112,986
Other revenue($65,045)$933($14,344)($7,993)$26,745
Total other revenue$5,957,553$5,147,868$4,951,586$5,116,990$4,885,448
Total revenue$7,016,166$6,268,379$5,283,190$5,920,201$5,158,616
 
Expenses20222021202020192018
Program services$5,602,432$4,661,807$4,958,064$5,379,254$4,961,206
Management and general$951,253$829,015$810,457$816,428$659,006
Fundraising$137,533$168,697$143,195$175,563$191,181
Total expenses$6,691,218$5,659,519$5,911,716$6,371,245$5,811,393
 
Change in net assets20222021202020192018
Surplus (deficit)$324,948$608,860($628,526)($451,044)($652,777)
Other changes in net assets$0$0$0$0$0
Total change in net assets$324,948$608,860($628,526)($451,044)($652,777)

Compensation

NameTitleCompensation
Chad McNattSuperintendent$131,781
Matthew AlthoffPrincipal$117,793
Daxa ThomasElem Principal$114,807

Compensation data as of: 7/31/2022


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 3/13/2023. To update the information below, please email: [email protected]


History


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