Charlotte Christian School

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/30/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Charlotte Christian is a Christ-centered, college preparatory, independent, non-denominational school serving students in grades JK-12. The school equips and develops students to effectively integrate Biblical truth and learning into their daily lives and to impact the culture for Christ.


Contact information

Mailing address:
Charlotte Christian School
7301 Sardis Rd.
Charlotte, NC 28270

Website: charlottechristian.com

Phone: 704-366-5657

Email:


Organization details

EIN: 560750913

CEO/President: Barry Giller

Chairman: Brian Van Hoy

Board size: 17

Founder: local businessmen

Year founded: 1972

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Our vision for students includes the integration of a Biblical worldview into a curriculum where character, values and essential life skills are emphasized and modeled by a professional and dedicated faculty. This Christian philosophy of education is at the core of all areas of study. A rigorous academic program is offered including strong co-curricular offerings with successful athletic and fine arts programs. As a Christ-centered school, students are taught how to integrate Biblical truth and learning into their daily lives to impact the culture for Christ.

For over 70 years, Charlotte Christian has nurtured and educated the whole child - heart, mind, body and soul - and provided a balanced, yet challenging college-preparatory curriculum that includes more than 45 honors and Advanced Placement classes; 50 athletic teams; and a broad fine arts program encompassing visual, musical and theatrical skill development. The student population of 1,100 reflects a geographical, denominational, racial and ethnic diversity. Every student participates in local, national and/or international service projects.


Mission statement

Charlotte Christian School is a Christ-centered, college preparatory school, equipping and developing students to effectively integrate Biblical truth and learning into their daily lives and to impact the culture for Christ.


Statement of faith

We believe that God is one being - infinitely just, wise, good, loving and holy, and existing eternally in three persons: Father, Son and Holy Spirit. He is the sovereign Creator of the universe and by His providence sustains and rules all that He has made.

We believe that Jesus Christ, Son of God, is fully divine and fully human, and that He saves His people from their sin by His life, death and resurrection, and is now ruling over His Church and the world through His Word and Spirit.

We believe that the Holy Spirit regenerates sinners, resides in believers, and enables them to live a Godly life and to use the spiritual gifts He has given them.

We believe that the Scriptures of the Old and New Testaments are the inspired, infallible and inerrant Word of God, our final authority in matters of doctrine and practice.

We believe that sinners are justified by grace through faith on the basis of the finished work of Christ (His death and resurrection) and live this life by the power of God.

We believe that God is calling people from the whole human race to believe in His Son, Jesus Christ, and to become members of His Body, the Church. Those who believe in Jesus as Lord and Savior enjoy the blessings of God and fellowship with each other in communities of faith until Jesus returns.

We believe that man, male and female, was created in the image of God, but fell into sin through the disobedience of Adam and Eve. As a result of the fall, all people are born sinful and in need of salvation.

We believe that marriage is a covenantal relationship created by God for a man and a woman. Sexual intimacy is a gift from God and has its proper place only within the context of marriage.

We believe that Jesus Christ, the Son of God, will return to renew the whole creation and to judge the living and the dead.

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating378 of 94013 of 30
Fund acquisition rating330 of 94216 of 30
Resource allocation rating472 of 94214 of 30
Asset utilization rating466 of 94016 of 30

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
18%18%22%20%15%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%2%2%2%2%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
12%9%10%11%14%22%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%2%2%3%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
88%91%90%89%86%78%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%83%82%82%84%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%88%92%89%86%82%
Program output ratio Program output ratio =
Program services /
Total revenue
79%73%76%73%72%68%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%12%8%11%14%18%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%9%5%8%12%17%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%15%15%15%13%15%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.380.330.420.400.470.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.232.183.163.453.183.12
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.340.721.311.391.501.48
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.103.211.681.601.531.50
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.320.310.600.620.650.67
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.0611.483.693.252.762.70
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
30%47%37%38%36%38%
Debt ratio Debt ratio =
Debt /
Total assets
13%33%17%19%13%13%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
163%160%153%152%135%130%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$18,926,691$2,292,355$1,834,609$5,397,837$8,876,392
Receivables, inventories, prepaids$1,230,259$2,054,866$2,391,665$2,852,504$2,728,793
Short-term investments$7,907,102$10,365,941$8,913,955$4,370,216$0
Other current assets$0$0$0$0$0
Total current assets$28,064,052$14,713,162$13,140,229$12,620,557$11,605,185
Long-term investments$0$0$0$0$0
Fixed assets$32,363,950$31,381,689$31,634,090$27,206,743$24,441,427
Other long-term assets$669,276$373,314$524,121$262,208$208,633
Total long-term assets$33,033,226$31,755,003$32,158,211$27,468,951$24,650,060
Total assets$61,097,278$46,468,165$45,298,440$40,089,508$36,255,245
 
Liabilities20202019201820172016
Payables and accrued expenses$1,406,614$732,963$760,872$1,110,931$643,671
Other current liabilities$7,340,398$8,045,978$7,429,869$7,152,464$7,090,670
Total current liabilities$8,747,012$8,778,941$8,190,741$8,263,395$7,734,341
Debt$20,000,000$7,712,422$8,700,000$5,386,752$4,800,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$497,674$538,157$856,557$1,300,945
Total long-term liabilities$20,000,000$8,210,096$9,238,157$6,243,309$6,100,945
Total liabilities$28,747,012$16,989,037$17,428,898$14,506,704$13,835,286
 
Net assets20202019201820172016
Without donor restrictions$29,228,301$26,257,979$24,470,726$22,655,272$19,204,112
With donor restrictions$3,121,965$3,221,149$3,398,816$2,927,532$3,215,847
Net assets$32,350,266$29,479,128$27,869,542$25,582,804$22,419,959
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$2,050,991$2,098,747$2,327,882$3,003,113$4,598,507
Program service revenue$18,264,389$17,807,241$16,842,745$16,106,973$15,590,562
Membership dues$0$0$0$0$0
Investment income$257,479$272,646$104,028$19,463$24,480
Other revenue$2,486,907$723,830$1,310,842$2,976,709$781,502
Total other revenue$21,008,775$18,803,717$18,257,615$19,103,145$16,396,544
Total revenue$23,059,766$20,902,464$20,585,497$22,106,258$20,995,051
 
Expenses20202019201820172016
Program services$16,806,300$15,880,020$15,004,044$15,994,616$14,381,208
Management and general$3,021,216$2,941,267$2,819,431$2,513,164$2,520,058
Fundraising$361,112$471,591$475,284$435,683$291,302
Total expenses$20,188,628$19,292,878$18,298,759$18,943,463$17,192,568
 
Change in net assets20202019201820172016
Surplus (deficit)$2,871,138$1,609,586$2,286,738$3,162,795$3,802,483
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,871,138$1,609,586$2,286,738$3,162,795$3,802,483

Compensation

NameTitleCompensation
Barry GillerHead of School$469,799
Terry EfirdChief Financial Officer$138,396
Shonn BrownAdministration$132,172
Kenneth RogersAdministration$124,048
Sharon L HumphreyAdministration$116,204

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 9/30/2021. To update the information below, please email: info@ministrywatch.com


History

The school first opened its doors in 1950 as Calvary Christian Day School for students in kindergarten through sixth grade. In 1960, a group of local businessmen with a heart for Christian education organized Christian High School, and the two schools merged in 1969 to become Christian School Association of Charlotte, Inc., a kindergarten through twelfth grade institution. In 1964, Christian High School graduated its first class with seven seniors. The school relocated to its present location on Sardis Road in 1972, and in 1976, was renamed Charlotte Christian School. In 1982, Charlotte Christian School earned accreditation from SACS now the Southern Association of Colleges and Schools Council on Accreditation and School Improvement (SACS-CASI), an accreditation division of AdvancED. The school is also accredited by the Southern Association of Independent Schools (SAIS). In 2020, the school ushered in its 70th year of excellence in Christian education with the largest student enrollment of more than 1,100.

Over the last 20 years, the school has continued to grow and develop into what it looks like today. The Guy Gym, Early Education Building (1997), Flenniken Dining Hall, Upper School Building, Hendrick Center for Arts and Science (2013) and Center for Worship and Performing Arts (2017) were completed. In addition to adding buildings on campus, the programs have grown as well. Charlotte Christian now offers 21 Advanced Placement and college level classes, has earned 39 team state championships, and North Carolina Theatre Conference High School Play Festival theatre state championships; Blumenthal Performing Arts Award nominations in addition to musician selections for the American High School Honors Performance Series at Carnegie Hall and numerous visual art awards.


Program accomplishments


Needs