The King's Christian Academy / Lexington Park Christian School 
The information on this page was last updated 5/18/2023. If you see errors or omissions, please email: [email protected]
Summary
The King's Christian Academy is a college preparatory school committed to helping students achieve academic excellence in Pre-K through the 12th grade.
Contact information
Mailing address:
The King's Christian Academy
20738 Point Lookout Rd.
Callaway, MD 20620
Website: kingschristianacademy.org
Phone: 301-994-3080
Email: [email protected]
Organization details
EIN: 521181790
CEO/President: James Harris
Chairman: Betsy Barreto
Board size: 9
Founder: group of parents
Ruling year: 1980
Tax deductible: Yes
Fiscal year end: 07/31
Member of ECFA: Yes
Member of ECFA since: 2002
Purpose
VISION
Honor our Lord Jesus Christ by educating our students in His name and for His glory.
Provide a unique educational experience for our students for generations to come.
Be invaluable to parents and churches who want their children trained in harmony with their Biblical worldview.
Be prized by a community that esteems Christian character in its citizens.
Mission statement
The King's Christian Academy exists to help parents and churches educate their children in truth and righteousness with academic excellence based on the Biblical worldview for Christian character development.
Statement of faith
The following has been adopted as the official doctrinal position of The King's Christian Academy. All Biblical instruction shall be in conformity to these commonly held doctrines of historic Christianity. Denominational distinctive shall be left to the individual churches and shall not be taught within the school.
We believe in one God, Creator and Sustainer of all things - eternally existent in three persons, Father, Son and Holy Spirit.
We believe the Bible to be the only inspired, infallible, and authoritative Word of God.
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, and in His substitutionary and atoning death through His shed blood, in His bodily resurrection, and in His Ascension to the right hand of the Father.
We believe that man was created as a unique being in the image of God to have dominion over the earth, but man fell into sin and is, therefore, lost and only through regeneration by the Holy Spirit can salvation be obtained.
We believe that the shed blood of Jesus Christ and His resurrection provide the only ground for justification and salvation for all who believe, and only such as receive Jesus Christ are born of the Holy Spirit, and thus become believers.
We believe that the true church is composed of all such persons who, through saving faith in Jesus are born of the Holy Spirit, and thus become believers.
We believe in the personal and imminent return of our Lord Jesus Christ and that this blessed hope has a vital bearing on the personal life of the believer.
We believe in the bodily resurrection of the dead, of the believer to everlasting blessedness and joy with the Lord, of the unbeliever to judgment and everlasting punishment.
STATEMENT OF FAITH
The Bible is God's revelation to man and is our final authority in all areas of life.
God is the creator and sustainer of all things and in Him resides all truth and only as we know Him can we completely know anything. Col. 1: 16-17
Man is made in the image of God and created for His glory.
Because of man's depravity through sin he is inherently evil, and his only hope for restoration to God is through regeneration provided by Jesus Christ.
The primary responsibility for the education of a child lies with the parent.
The Christian school is an extension of the Christian home, and both work together in harmony with the Christian church.
The school is responsible to educate the total child - spiritually, mentally, physically, and socially; however, the primary responsibility of the school is for the intellectual development of the child.
Since all truth is God's truth, every subject must be taught from a Biblical prospective.
Students are responsible to submit to the authority of the school and to actively support its program.
The school has the responsibility of a Biblical stewardship of its authority.
The teacher represents the parent.
The school is responsible to civil authority unless contrary to the teachings of the Bible.
Since we are involved in a spiritual warfare, we must be prepared not only to combat ignorance but also deception and opposition.
All personnel involved in the entire curriculum must be thoroughly committed to the Christian philosophy of education, and thoroughly Christian in character.
We recognize the disciplinary aspect of education which is based on the Word of God, and which is necessary for good instruction and good learning to take place. This includes both reward and punishment.
The Biblical view of teaching is that the instructor has a directive posture in the class as opposed to a passive one.
As a Christian school, we recognize that we have supernatural resources through prayer and the Holy Spirit and that they must be given priority in the Administration of our schools.
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 | | 535 of 1104 | 29 of 48 |
| Fund acquisition rating | | 929 of 1105 | 45 of 48 |
| Resource allocation rating | | 237 of 1105 | 9 of 48 |
| Asset utilization rating | | 466 of 1104 | 23 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% | 66% | 30% | 97% | 173% | 173% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 3% | 4% | 3% | 5% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 16% | 5% | 12% | 3% | 3% | 2% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 3% | 4% | 4% | 3% | 5% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 84% | 95% | 88% | 97% | 97% | 98% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 87% | 86% | 87% | 83% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 86% | 86% | 96% | 90% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 75% | 74% | 84% | 75% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 14% | 14% | 4% | 10% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 12% | 12% | 4% | 12% | 3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 9% | 10% | 10% | 11% | 12% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.46 | 0.47 | 0.45 | 0.50 | 0.55 | 0.54 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.08 | 2.46 | 2.61 | 3.14 | 3.59 | 4.39 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.45 | 1.16 | 1.17 | 1.57 | 1.98 | 2.37 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.01 | 4.22 | 4.29 | 2.54 | 2.88 | 2.19 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.33 | 0.24 | 0.23 | 0.39 | 0.35 | 0.46 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.19 | 7.87 | 7.84 | 4.63 | 3.95 | 2.75 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 33% | 37% | 38% | 46% | 47% | 51% |
Debt ratio Debt ratio = Debt / Total assets | 12% | 27% | 29% | 33% | 37% | 41% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 143% | 134% | 137% | 108% | 97% | 91% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,357,521 | $1,260,058 | $1,269,777 | $952,455 | $853,438 |
| Receivables, inventories, prepaids | $327,973 | $370,042 | $329,642 | $313,433 | $76,137 |
| Short-term investments | $2,189,640 | $1,864,009 | $1,124,448 | $1,021,689 | $877,191 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,875,134 | $3,494,109 | $2,723,867 | $2,287,577 | $1,806,766 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $5,654,395 | $5,639,869 | $5,802,899 | $5,848,864 | $6,040,896 |
| Other long-term assets | $0 | $0 | $20,865 | $77,445 | $82,463 |
| Total long-term assets | $5,654,395 | $5,639,869 | $5,823,764 | $5,926,309 | $6,123,359 |
| Total assets | $9,529,529 | $9,133,978 | $8,547,631 | $8,213,886 | $7,930,125 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $252,632 | $140,529 | $594,831 | $228,545 | $158,656 |
| Other current liabilities | $666,311 | $673,407 | $476,261 | $566,441 | $664,833 |
| Total current liabilities | $918,943 | $813,936 | $1,071,092 | $794,986 | $823,489 |
| Debt | $2,567,136 | $2,693,609 | $2,835,160 | $3,039,682 | $3,217,990 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $2,567,136 | $2,693,609 | $2,835,160 | $3,039,682 | $3,217,990 |
| Total liabilities | $3,486,079 | $3,507,545 | $3,906,252 | $3,834,668 | $4,041,479 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $5,981,602 | $5,505,449 | $4,550,570 | $4,337,090 | $3,790,809 |
| With donor restrictions | $61,848 | $120,984 | $90,809 | $42,128 | $97,837 |
| Net assets | $6,043,450 | $5,626,433 | $4,641,379 | $4,379,218 | $3,888,646 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $266,089 | $595,371 | $127,664 | $134,809 | $104,883 |
| Program service revenue | $4,803,659 | $4,011,655 | $4,156,270 | $4,393,844 | $4,111,525 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $125,257 | $55,103 | $34,477 | $408,312 | $71,230 |
| Other revenue | $64,145 | $101,291 | $131,252 | $114,902 | $94,475 |
| Total other revenue | $4,993,061 | $4,168,049 | $4,321,999 | $4,917,058 | $4,277,230 |
| Total revenue | $5,259,150 | $4,763,420 | $4,449,663 | $5,051,867 | $4,382,113 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $3,945,190 | $3,525,558 | $3,715,629 | $3,781,783 | $3,575,327 |
| Management and general | $389,928 | $399,622 | $440,750 | $519,318 | $526,543 |
| Fundraising | $174,997 | $178,793 | $123,197 | $233,226 | $181,634 |
| Total expenses | $4,510,115 | $4,103,973 | $4,279,576 | $4,534,327 | $4,283,504 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $749,035 | $659,447 | $170,087 | $517,540 | $98,609 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $749,035 | $659,447 | $170,087 | $517,540 | $98,609 |
Compensation
| Name | Title | Compensation |
| James Harris | Administrator | $93,700 |
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 5/18/2023. To update the information below, please email: [email protected]