St. Andrew's Episcopal School

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/15/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Founded in 1947, St. Andrew's Episcopal School is an independent, college preparatory school for students in pre-K3 through 12th grade.

St. Andrew's Episcopal School has earned a national reputation for academic excellence, but we understand that an outstanding educational experience isn't limited to academics.

While some St. Andrew's students are math prodigies or gifted writers, others were born to paint a portrait or perform a song. St. Andrew's helps each student explore his or her individual interests and strengths, and then teaches students how to build on those unique gifts for success not only at St. Andrew's, but also in college, in a career, and in life.


Contact information

Mailing address:
St. Andrew's Episcopal School
370 Old Agency Rd
Ridgeland, MS 39157

Website: gosaints.org

Phone: 601-853-6000

Email: sa@gosaints.org


Organization details

EIN: 640324405

CEO/President: Kevin Lewis

Chairman:

Board size: 23

Founder: the Vestry of St. Andrew's Church

Year founded: 1949

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

St. Andrew's is a close-knit community of students, parents, and teachers of many faiths, cultures, races, and economic backgrounds. Founded in the Episcopal tradition, St. Andrew's is inclusive and supportive of the beliefs of others. Diversity is celebrated, and students are accepting, open to befriending people of many backgrounds.

St. Andrew's Episcopal School is an educational community that strives to love God and love our neighbors as ourselves. We express our faith and tradition through our chapel services, our community life, and our focus on both spiritual growth and religious formation. St. Andrew's began within the walls of St. Andrew's Cathedral, a parish in the Episcopal Diocese of Mississippi, and we are thankful to have a continuing relationship with the Cathedral.


Mission statement

The mission of St. Andrew's is to nurture a diverse community in the Episcopal tradition, fostering spiritual growth, moral responsibility, academic excellence, and artistic and athletic pursuits, while preparing for a life of service to our community and the world.


Statement of faith

St. Andrew's Episcopal School is an educational community that strives to love God and love our neighbors as ourselves. We express our faith and tradition through our chapel services, our community life, and our focus on both spiritual growth and religious formation. St. Andrew's began within the walls of St. Andrew's Church - now St. Andrew's Cathedral - a parish in the Episcopal Diocese of Mississippi. We are thankful to have a continuing relationship with the Cathedral.

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: K-12 Schools/Academies

CategoryRatingOverall rankSector rank
Overall efficiency rating630 of 94025 of 30
Fund acquisition rating775 of 94229 of 30
Resource allocation rating533 of 94219 of 30
Asset utilization rating354 of 94012 of 30

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
18%86%65%15%16%63%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
3%4%4%3%4%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
12%4%6%22%26%4%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%4%4%4%5%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
88%96%94%78%74%96%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%82%82%82%80%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%106%101%86%79%99%
Program output ratio Program output ratio =
Program services /
Total revenue
79%87%83%70%63%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%-6%-1%14%21%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%-4%-1%11%20%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%14%15%14%14%14%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.380.440.390.460.550.59
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.233.102.932.482.132.57
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.341.361.151.151.181.50
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.1016.539.726.6917.9613.18
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.320.060.100.150.060.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.068.299.378.869.647.38
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
30%42%41%30%23%27%
Debt ratio Debt ratio =
Debt /
Total assets
13%32%30%15%11%13%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
163%133%151%152%139%125%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$2,264,876$2,918,017$1,231,848$3,075,307$2,183,291
Receivables, inventories, prepaids$5,688,595$6,862,843$8,907,862$6,438,796$2,477,436
Short-term investments$9,072,315$8,523,404$7,768,254$7,686,798$7,798,388
Other current assets$0$0$0$0$0
Total current assets$17,025,786$18,304,264$17,907,964$17,200,901$12,459,115
Long-term investments$15$15$15$15$15
Fixed assets$35,708,010$35,302,093$26,566,618$19,338,687$19,459,086
Other long-term assets$10,750$10,500$11,420$45,040$53,851
Total long-term assets$35,718,775$35,312,608$26,578,053$19,383,742$19,512,952
Total assets$52,744,561$53,616,872$44,486,017$36,584,643$31,972,067
 
Liabilities20182017201620152014
Payables and accrued expenses$1,030,031$1,882,584$2,675,005$957,641$945,622
Other current liabilities$0$0$0$0$0
Total current liabilities$1,030,031$1,882,584$2,675,005$957,641$945,622
Debt$17,075,879$15,913,000$6,846,000$3,895,000$4,187,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$3,801,312$4,055,699$3,613,433$3,720,798$3,424,690
Total long-term liabilities$20,877,191$19,968,699$10,459,433$7,615,798$7,611,690
Total liabilities$21,907,222$21,851,283$13,134,438$8,573,439$8,557,312
 
Net assets20182017201620152014
Without donor restrictions$22,597,746$23,963,838$24,166,066$20,334,453$0
With donor restrictions$8,239,593$7,801,751$7,185,513$7,676,751$0
Net assets$30,837,339$31,765,589$31,351,579$28,011,204$23,414,755
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$947,689$1,210,939$5,192,074$6,808,010$843,797
Program service revenue$20,459,935$19,252,346$18,837,142$17,793,520$15,968,988
Membership dues$0$0$0$0$0
Investment income$360,810$195,913$37,427$1,094,491$597,818
Other revenue$80,268$77,773$37,540$39,836$1,404,641
Total other revenue$20,901,013$19,526,032$18,912,109$18,927,847$17,971,447
Total revenue$21,848,702$20,736,971$24,104,183$25,735,857$18,815,244
 
Expenses20182017201620152014
Program services$18,996,473$17,187,064$16,862,406$16,269,350$15,486,103
Management and general$3,346,177$3,051,840$2,988,868$2,885,312$2,700,521
Fundraising$814,108$791,923$787,189$1,061,863$531,973
Total expenses$23,156,758$21,030,827$20,638,463$20,216,525$18,718,597
 
Change in net assets20182017201620152014
Surplus (deficit)($1,308,056)($293,856)$3,465,720$5,519,332$96,647
Other changes in net assets$0$0$0$0$0
Total change in net assets($1,308,056)($293,856)$3,465,720$5,519,332$96,647

Compensation

NameTitleCompensation
George PenickHead of School$266,812
Kevin LewisAssociate Head of School$132,006

Compensation data as of: 6/30/2018


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 9/15/2021. To update the information below, please email: info@ministrywatch.com


History

St. Andrew's has served the Jackson, Mississippi area for 70 years offering a college preparatory education, and has always stressed the physical, moral, and academic dimensions of a student's development. The school's beginnings were modest yet full of inspiring vision. In 1947, the Vestry of St. Andrew's Church voted to use the Parish Hall to house a school program, which would embrace grades first through fourth. A charter was secured, and St. Andrew's Episcopal Day School opened to 45 students. Mrs. Adele Franks was the founding headmistress. Kindergarten and fifth and sixth grades were soon added, and as the numbers grew, so did the school's fine reputation.

Seventh and eighth grades were added by the mid-sixties, and in 1966, St. Andrew's moved to its 14-acre campus on Old Canton Road. Its new facility was described by a local newspaperman who attended the school's opening as being "an architectural and educational wonderland." Upper School grades were added year-by-year in the early 1970s, and the first class of seniors graduated in 1974. During the mid-seventies, African-American students along with minorities from a number of ethnicities and nationalities, attracted by the school's academic reputation and open hand of welcome, enrolled at St. Andrew's.

Long-range planning, which was undertaken at the end of the 1970s, indicated that St. Andrew's would soon outgrow its Old Canton Road campus. Hence, 74 acres of rolling pastureland along the Natchez Trace were purchased, and the successful $4 Million Fund Drive in 1983 made possible the start of new campus construction in October 1984. The North Campus, serving grades ninth through twelfth, opened in September 1985. At that time, a 36,000 square-foot classroom building and the Speer-Lyell Observatory were in place.

Opening in the fall of 1994 on the Ridgeland campus were classroom and laboratory buildings to accommodate the move of the Middle School, a library resource building, and a dining commons building. The Center for Performing Arts opened in 2003, and the McRae Science Center opened in 2011. The South Campus continues as home for pre-K3 through the fourth grade.

Students of all races, ethnicities, and religions attend St. Andrew's. The school belongs to the National Association of Independent Schools (NAIS), is accredited by the Southern Association of Colleges and Schools (SACS) and the Southern Association of Independent Schools (SAIS), and is affiliated with the state's public and parochial schools through the Mississippi High School Activities Association (MHSAA). Honors include recognition by the prestigious Cum Laude Society and an assessment by SACS that St. Andrew's provides "a quality education second to none in the state and the entire Southeast." In 2005, St. Andrew's was selected as a recipient of a grant from the Malone Family Foundation to provide an endowment for scholarships for gifted students with financial need. In total, the endowment campaign of 2004 enabled St. Andrew's to grow its endowment from less than $1 million to its current level today of almost $8 million in invested funds.

St. Andrew's is experiencing enormous success in its largest capital campaign in school history. Forward Saints encompasses additions and improvements on both campuses that benefit every student. The Early Childhood Center and Discovery Center opened on the South Campus in August 2016, and the Athletics and Recreation Center (The ARC) was dedicated in September 2017. Forward Saints is transforming the physical space of our campuses and providing the entire St. Andrew's community with the room and the resources it needs to best live into the school's mission for generations of students to come.


Program accomplishments


Needs