Westminster Schools Inc

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/13/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Westminster is a coeducational Christian, independent day school for grades pre-first through 12, committed to creating an educational experience where bright, curious, motivated students who are nurtured by challenge can grow into leaders of conscience.


Contact information

Mailing address:
Westminster Schools Inc
1424 West Places Ferry Rd NW
Atlanta, GA 30327

Website: westminster.net

Phone: 404-355-8673

Email: admissions@westminster.net


Organization details

EIN: 580566206

CEO/President: Keith Evans

Chairman: Joel T. Murphy

Board size: 34

Founder:

Year founded: 1951

Tax deductible: Yes

Fiscal year end: 07/31

Member of ECFA: No

Member of ECFA since:


Purpose

The School was founded on a mission to prepare students for college and for life. Our bright, motivated, and curious students are nurtured in an environment that develops leaders who will be a positive force in the world.

Westminster students are always raising the bar. Curious by nature and nurtured by challenge, Westminster students inspire us to continue growing as one of the nation's leading independent schools. In turn, we give them the support and encouragement they need to pursue their passions and reach their highest potential. That's the Wildcat Way.


Mission statement

Westminster is a Christian, independent day school for boys and girls, which seeks to develop the whole person for college and for life through excellent education.


Statement of faith

"Our Christian Mission"

Westminster is a Christian school. We hold a deep commitment to our Christian mission, seeking to model the scriptural description of Jesus as "growing in wisdom and in stature, and in favor with God and man" (Luke 2:52). We are guided by Jesus' teaching to love and serve and are inspired to reflect these values in our school community, programs, and priorities. These values also lead us to be open to all traditions and people.

As an inclusive Christian school, Westminster honors the substance and practice of other religions and seeks to support and encourage students of all faiths, beliefs, cultures, and backgrounds. We welcome and learn from community members of many different religious traditions. We believe that such inclusion and respect for the dignity of all people is at the heart of Christianity. These manifestations of a thriving and vibrant community produce lifelong learners who lead with compassion and integrity.

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating603 of 93822 of 28
Fund acquisition rating445 of 94017 of 28
Resource allocation rating411 of 9409 of 28
Asset utilization rating755 of 93828 of 28

Financial ratios

Funding ratiosSector median20202019201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
17%27%17%37%39%23%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%5%3%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
12%19%20%9%9%12%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%5%5%3%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
88%81%80%91%91%88%
 
Operating ratiosSector median20202019201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%85%86%86%86%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%96%73%106%114%95%
Program output ratio Program output ratio =
Program services /
Total revenue
80%82%63%91%98%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%4%27%-6%-14%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%1%8%-1%-3%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%10%9%11%11%10%
 
Investing ratiosSector median20202019201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.410.150.190.190.190.17
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.373.645.422.192.372.55
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.390.541.030.410.450.42
 
Liquidity ratiosSector median20202019201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
2.822.651.653.683.673.64
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.360.380.610.270.270.27
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.5913.904.6021.3019.2620.55
 
Solvency ratiosSector median20202019201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
30%32%16%18%18%16%
Debt ratio Debt ratio =
Debt /
Total assets
12%22%4%5%5%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
163%459%446%438%431%503%

Financials

Balance sheet
 
Assets20202019201720162015
Cash$86,199,246$21,251,088$24,232,130$19,577,170$24,362,380
Receivables, inventories, prepaids$17,633,804$16,059,812$7,092,349$7,273,254$6,533,828
Short-term investments$35,151,823$36,030,740$138,951,099$122,779,887$115,044,675
Other current assets$0$0$0$0$0
Total current assets$138,984,873$73,341,640$170,275,578$149,630,311$145,940,883
Long-term investments$226,362,802$236,876,769$121,165,067$134,080,102$157,203,718
Fixed assets$139,354,783$86,246,294$80,678,091$69,384,550$67,113,923
Other long-term assets$1,002,990$1,052,204$1,009,880$1,011,915$1,750,795
Total long-term assets$366,720,575$324,175,267$202,853,038$204,476,567$226,068,436
Total assets$505,705,448$397,516,907$373,128,616$354,106,878$372,009,319
 
Liabilities20202019201720162015
Payables and accrued expenses$18,918,204$9,857,956$12,504,518$8,344,836$9,089,063
Other current liabilities$33,510,978$34,647,609$33,758,769$32,438,480$31,036,833
Total current liabilities$52,429,182$44,505,565$46,263,287$40,783,316$40,125,896
Debt$109,953,496$16,630,000$19,230,000$19,230,000$19,450,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$487,748$1,244,081$1,553,321$1,991,496$1,692,976
Total long-term liabilities$110,441,244$17,874,081$20,783,321$21,221,496$21,142,976
Total liabilities$162,870,426$62,379,646$67,046,608$62,004,812$61,268,872
 
Net assets20202019201720162015
Without donor restrictions$163,226,741$152,400,251$145,180,350$137,820,655$146,584,325
With donor restrictions$179,608,281$182,737,010$160,901,658$154,281,411$164,156,122
Net assets$342,835,022$335,137,261$306,082,008$292,102,066$310,740,447
 
Revenues and expenses
 
Revenue20202019201720162015
Total contributions$14,667,230$20,913,875$5,760,004$5,214,406$7,556,917
Program service revenue$57,255,802$57,039,327$52,206,965$49,222,582$46,438,212
Membership dues$0$0$0$0$0
Investment income$3,885,767$23,516,632$7,216,128$4,182,143$10,532,922
Other revenue$1,691,846$924,787$973,592$844,985$581,097
Total other revenue$62,833,415$81,480,746$60,396,685$54,249,710$57,552,231
Total revenue$77,500,645$102,394,621$66,156,689$59,464,116$65,109,148
 
Expenses20202019201720162015
Program services$63,469,014$64,761,205$60,275,212$58,279,024$53,779,081
Management and general$7,334,091$6,949,479$7,455,621$7,499,353$6,290,179
Fundraising$3,908,134$3,464,976$2,141,077$2,041,561$1,735,113
Total expenses$74,711,239$75,175,660$69,871,910$67,819,938$61,804,373
 
Change in net assets20202019201720162015
Surplus (deficit)$2,789,406$27,218,961($3,715,221)($8,355,822)$3,304,775
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,789,406$27,218,961($3,715,221)($8,355,822)$3,304,775

Compensation

NameTitleCompensation
Keith A EvansPresident$891,518
Toni BoydVP of Finance and Operations$358,358
Emilie R HenryVP For Instt'l Advancement$356,903
Danette MortonHead of Middle School$302,977
Timothy DownesDirector of Athletics$262,904
Cindy L TraskHead of Upper School$240,378
Whitcliff A McKnightHead of Lower School$222,685
Robert RyshkeExec. Director - Center For Teaching$181,556
Mary Shivers O'GaraSecretary - Board/President$105,975

Compensation data as of: 7/31/2020


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 9/13/2021. To update the information below, please email: info@ministrywatch.com


History

Westminster was founded by Atlanta's leaders as a learning community rooted in Christian values and wholesome intensity. Since 1951, our students have been inspired to become leaders of conscience in Atlanta and throughout the world.


Program accomplishments


Needs