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.)
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 266 of 1106 | 16 of 48 |
| Fund acquisition rating | | 357 of 1107 | 26 of 48 |
| Resource allocation rating | | 443 of 1107 | 19 of 48 |
| Asset utilization rating | | 359 of 1106 | 17 of 48 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
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 | 3% | 2% | 3% | 3% | 3% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 15% | 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 | 85% | 85% | 82% | 94% | 86% | 95% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 84% | 82% | 84% | 84% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 95% | 90% | 112% | 108% | 113% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 80% | 74% | 94% | 91% | 96% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 5% | 10% | -12% | -8% | -13% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 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 ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.46 | 0.60 | 0.52 | 0.61 | 0.65 | 0.57 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.08 | 2.04 | 2.06 | 2.36 | 2.52 | 2.53 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.44 | 1.23 | 1.07 | 1.43 | 1.64 | 1.45 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.01 | 3.36 | 3.89 | 5.41 | 4.51 | 5.49 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.33 | 0.30 | 0.26 | 0.18 | 0.22 | 0.18 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.19 | 6.85 | 8.34 | 6.82 | 5.68 | 6.75 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 33% | 16% | 14% | 16% | 10% | 9% |
Debt ratio Debt ratio = Debt / Total assets | 11% | 0% | 0% | 7% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 143% | 139% | 165% | 138% | 138% | 159% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| 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
| Name | Title | Compensation |
| Chad McNatt | Superintendent | $131,781 |
| Matthew Althoff | Principal | $117,793 |
| Daxa Thomas | Elem 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]