Timothy Christian Schools

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 6/22/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Timothy Christian Schools is a fully accredited, Pre-12th grade Non-denominational, Biblically-rooted school. What we aspire to do - educate servant leaders - has not changed for over a hundred years. For generations, teachers, coaches, and staff have helped students identify and nurture their God-given gifts and talents. By God's grace, we will continue to educate servant leaders who glorify God for generations.

We see our students as individuals with God-given gifts and talents. From personalized and targeted instruction in the classroom - we combine challenging programs with a Christ-centered community. We want our students to live up to their full God-given potential.


Contact information

Mailing address:
Timothy Christian Schools
188 West Butterfield Road
Elmhurst, IL 60126

Website: timothychristian.com

Phone: 630-833-4616

Email: admissions@timothychristian.com


Organization details

EIN: 361870590

CEO/President: Matt Davidson, Superintendent

Chairman: Joel Tameling

Board size: 22

Founder:

Ruling year: 1957

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2020


Purpose

Vision: Timothy Christian Schools will develop life-long learners and servant leaders who fully live out their purpose in the world for Christ.


Mission statement

For the glory of God, Timothy Christian Schools exists to uphold biblical truth, ignite academic growth, and inspire courageous leadership one student at a time.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating155 of 9996 of 35
Fund acquisition rating6 of 10014 of 35
Resource allocation rating416 of 100116 of 35
Asset utilization rating440 of 99918 of 35

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
17%3%14%6%9%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%1%3%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
12%46%19%36%27%61%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%2%2%3%3%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
88%54%81%64%73%39%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%84%86%85%82%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%67%137%77%87%49%
Program output ratio Program output ratio =
Program services /
Total revenue
77%56%118%65%71%41%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%33%-37%23%13%51%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%22%-20%13%7%52%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%14%12%13%15%13%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.410.410.670.380.410.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.375.0413.455.595.502.08
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.422.078.952.142.250.97
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
2.986.061.733.151.608.88
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.340.170.580.320.620.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.954.840.563.822.0110.98
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
32%8%13%12%12%6%
Debt ratio Debt ratio =
Debt /
Total assets
13%4%8%6%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
160%224%131%229%215%201%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,943,208$250,107$2,640,390$707,762$2,874,192
Receivables, inventories, prepaids$4,557,072$2,074,160$4,038,536$5,134,924$10,373,048
Short-term investments$0$0$7,026$6,360$6,020
Other current assets$0$0$0$0$0
Total current assets$7,500,280$2,324,267$6,685,952$5,849,046$13,253,260
Long-term investments$0$0$4,725,419$4,418,334$4,115,191
Fixed assets$30,286,982$28,940,600$25,938,962$21,877,465$10,260,274
Other long-term assets$0$0$0$0$0
Total long-term assets$30,286,982$28,940,600$30,664,381$26,295,799$14,375,465
Total assets$37,787,262$31,264,867$37,350,333$32,144,845$27,628,725
 
Liabilities20202019201820172016
Payables and accrued expenses$1,071,884$1,159,562$1,891,286$3,389,326$1,135,332
Other current liabilities$166,085$185,674$231,898$262,071$356,525
Total current liabilities$1,237,969$1,345,236$2,123,184$3,651,397$1,491,857
Debt$1,656,354$2,644,625$2,315,007$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$97,280$28,321$80,023$194,544$262,339
Total long-term liabilities$1,753,634$2,672,946$2,395,030$194,544$262,339
Total liabilities$2,991,603$4,018,182$4,518,214$3,845,941$1,754,196
 
Net assets20202019201820172016
Without donor restrictions$26,928,355$25,226,058$28,854,046$23,387,983$13,167,717
With donor restrictions$7,867,304$2,020,627$3,978,073$4,910,921$12,706,812
Net assets$34,795,659$27,246,685$32,832,119$28,298,904$25,874,529
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$10,543,327$2,900,386$6,628,807$4,100,293$15,974,474
Program service revenue$12,099,217$11,677,216$11,355,608$10,372,864$9,919,460
Membership dues$0$0$0$0$0
Investment income$2,922$80,481$36,319$118,903($117,077)
Other revenue$435,521$567,377$610,954$579,657$579,659
Total other revenue$12,537,660$12,325,074$12,002,881$11,071,424$10,382,042
Total revenue$23,080,987$15,225,460$18,631,688$15,171,717$26,356,516
 
Expenses20202019201820172016
Program services$13,029,058$17,905,918$12,105,277$10,813,018$10,728,996
Management and general$2,192,324$2,505,879$1,823,492$1,970,452$1,616,264
Fundraising$310,631$399,097$396,392$358,423$505,107
Total expenses$15,532,013$20,810,894$14,325,161$13,141,893$12,850,367
 
Change in net assets20202019201820172016
Surplus (deficit)$7,548,974($5,585,434)$4,306,527$2,029,824$13,506,149
Other changes in net assets$0$0$0$0$0
Total change in net assets$7,548,974($5,585,434)$4,306,527$2,029,824$13,506,149

Compensation

NameTitleCompensation
Matt DavidsonSuperintendent$307,803
Bradford MitchellHS Principal$162,700
Kevin HackertDirector of IT$161,078
Tim HoeksemaES Principal$145,780
Bob VenhousenDirector of Advancement$142,302
Jack LeGrandAthletic Director$127,953
Tyler VanderBrugDirector of Finance & Operations$56,803
Marla StobDirector (part year)$5,800

Compensation data as of: 6/30/2020


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 6/22/2021. To update the information below, please email: info@ministrywatch.com


History

Per Wikipedia:

The school began as a vision of several members of Douglas Park Christian Reformed Church. In April 1907, a Society for Christian Instruction was formed to explore the possibility of founding a school in the neighborhood known as the "Groninger Hoek." After a year of growth, the society chose the name "Timothy" for their proposed school to honor the New Testament evangelist who had been raised in a Christian home and given spiritual instruction by the apostle Paul. By August 1911, the society had raised enough funds to open the school. They did so above several retail establishments on Roosevelt Road on Chicago's west side.

After a year in this building, the society purchased a lot on the corner of 13th street and Tripp Avenue, a few blocks away from the original premises. This lot was purchased for $1,500. The school would remain in this building for only fifteen years, but in 1916, they received full accreditation from the Chicago Board of Education. The school continued to add rooms to the basement in order to accommodate more students. Initially, the school only served elementary students. By 1918, students were able to continue their education at Chicago Christian High School in the Englewood neighborhood.

Much of the instruction of the students was undertaken in Dutch to help students maintain a link to their Dutch heritage. Very early, though, the school opened its doors to students of diverse nationalities and religious doctrines. By 1926, the school board made a resolution to maintain its minutes in English instead of Dutch. This also came at the same time that the school was paying off the last of its debt before the stock market crash of 1929 and before moving to a new location.


Program accomplishments

4 National Merit Finalist

7 graduates committed to collegiate sports

9 National Merit commended students

77 National Honor Society members


Needs