Bellevue Christian School 
The information on this page was last updated 3/26/2026. If you see errors or omissions, please email: [email protected]
Summary
Christian Education for Academic Excellence, Character, and Community
Contact information
Mailing address:
Bellevue Christian School
1701 98th Ave NE
Clyde Hill, WA 98004
Website: www.bellevuechristian.org
Phone: (425) 454-4402
Email: [email protected]
Organization details
EIN: 916001781
CEO/President: Michael Olson
Chairman: Tonya Loving
Board size: 10
Founder: Joe & Al Greene
Ruling year: 1953
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
Mission statement
Preparing young people to live faithfully and fully for God in a rapidly changing world with the ability to understand, evaluate, and transform their world from the foundation of God's unchanging values.
Statement of faith
We believe the Bible to be the only inspired, infallible, authoritative Word of God.
We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
We believe that for the salvation of lost and sinful man regeneration sovereignly applied by the Holy Spirit and evidenced by a living faith in Christ is absolutely essential.
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
We 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.
We believe in the spiritual unity of believers in our Lord Jesus Christ.
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 | | 169 of 1435 | 22 of 191 |
| Fund acquisition rating | | 429 of 1435 | 86 of 191 |
| Resource allocation rating | | 90 of 1435 | 9 of 191 |
| Asset utilization rating | | 570 of 1436 | 70 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% | 8% | 6% | 11% | 15% | 19% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 1% | 1% | 1% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 13% | 11% | 12% | 6% | 9% | 6% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 1% | 1% | 1% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 87% | 89% | 88% | 94% | 91% | 94% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 94% | 91% | 93% | 92% | 93% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 105% | 110% | 91% | 93% | 91% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 99% | 100% | 85% | 86% | 84% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | -5% | -10% | 9% | 7% | 9% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | -4% | -10% | 8% | 7% | 8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 5% | 9% | 6% | 6% | 6% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.54 | 0.63 | 0.73 | 0.55 | 0.62 | 0.58 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.99 | 2.66 | 1.44 | 1.37 | 1.32 | 1.32 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.80 | 1.67 | 1.05 | 0.75 | 0.82 | 0.76 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 1.57 | 2.53 | 2.67 | 2.38 | 2.75 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.64 | 0.39 | 0.38 | 0.42 | 0.36 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.98 | 2.61 | 6.94 | 10.05 | 8.45 | 10.01 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 29% | 28% | 32% | 32% | 34% | 30% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 117% | 116% | 94% | 124% | 107% | 122% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $867,884 | $1,237,698 | $653,208 | $444,534 | $3,787,250 |
| Receivables, inventories, prepaids | $535,871 | $703,888 | $447,285 | $466,391 | $537,669 |
| Short-term investments | $13,071,213 | $22,790,237 | $24,276,969 | $21,992,958 | $18,475,629 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $14,474,968 | $24,731,823 | $25,377,462 | $22,903,883 | $22,800,548 |
| Long-term investments | $10,285,724 | $0 | $0 | $0 | $0 |
| Fixed assets | $12,844,343 | $9,564,003 | $7,205,155 | $7,322,590 | $7,362,611 |
| Other long-term assets | $918,593 | $1,268,298 | $2,085,673 | $9,810 | $9,810 |
| Total long-term assets | $24,048,660 | $10,832,301 | $9,290,828 | $7,332,400 | $7,372,421 |
| Total assets | $38,523,628 | $35,564,124 | $34,668,290 | $30,236,283 | $30,172,969 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $1,454,628 | $1,641,594 | $1,508,736 | $1,318,207 | $1,349,045 |
| Other current liabilities | $7,782,266 | $8,121,114 | $8,009,838 | $8,323,292 | $6,951,844 |
| Total current liabilities | $9,236,894 | $9,762,708 | $9,518,574 | $9,641,499 | $8,300,889 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1,413,358 | $1,579,989 | $1,681,386 | $519,802 | $749,739 |
| Total long-term liabilities | $1,413,358 | $1,579,989 | $1,681,386 | $519,802 | $749,739 |
| Total liabilities | $10,650,252 | $11,342,697 | $11,199,960 | $10,161,301 | $9,050,628 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $21,903,341 | $17,807,979 | $19,076,972 | $16,277,986 | $18,144,455 |
| With donor restrictions | $5,970,035 | $6,413,448 | $4,391,358 | $3,796,996 | $2,977,886 |
| Net assets | $27,873,376 | $24,221,427 | $23,468,330 | $20,074,982 | $21,122,341 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $2,463,758 | $2,799,825 | $1,165,097 | $1,762,352 | $1,105,799 |
| Program service revenue | $19,597,260 | $19,429,662 | $19,071,333 | $17,972,654 | $14,770,524 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $842,435 | $1,217,267 | $436,548 | $369,307 | $938,442 |
| Other revenue | $62,788 | $53,756 | $80,671 | $147,230 | $2,302,548 |
| Total other revenue | $20,502,483 | $20,700,685 | $19,588,552 | $18,489,191 | $18,011,514 |
| Total revenue | $22,966,241 | $23,500,510 | $20,753,649 | $20,251,543 | $19,117,313 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $22,623,488 | $23,477,357 | $17,676,165 | $17,404,005 | $16,132,619 |
| Management and general | $1,303,542 | $2,253,579 | $1,131,665 | $1,184,432 | $1,042,991 |
| Fundraising | $193,670 | $163,712 | $124,995 | $256,648 | $208,107 |
| Total expenses | $24,120,700 | $25,894,648 | $18,932,825 | $18,845,085 | $17,383,717 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | ($1,154,459) | ($2,394,138) | $1,820,824 | $1,406,458 | $1,733,596 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($1,154,459) | ($2,394,138) | $1,820,824 | $1,406,458 | $1,733,596 |
Compensation
| Name | Title | Compensation |
| Rasmussen Eric | Head of School | $239,334 |
| Stingley Mark | Director of Finance | $195,913 |
| Hooke Ed | Director of HR | $155,936 |
| Smith Jennifer | Director of Development | $136,676 |
| Hart Adam | High School Principal | $132,291 |
| Blevins Daniel | Director of Operations | $120,535 |
| Britton Vicki | Elementary Principal | $116,421 |
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 3/26/2026. To update the information below, please email: [email protected]
History
Founded in 1950, Bellevue Christian School was established by brothers Joe and Al Greene. The school's existence today is a testament to God's faithfulness and the strength of their original vision to provide an excellent, Christ-centered education.
The philosophical framework developed by the founders is documented in "Second Sight," by Lowell Hagan. This book outlines our unique approach to Christian education, which continues to be implemented today. All new faculty and staff read the book, and it is also recommended for new families to better understand our distinctive approach to education. "Second Sight" reflects the thoughts and efforts of countless individuals over many years at Bellevue Christian School.