Colorado Springs Christian Schools 
The information on this page was last updated 12/6/2023. If you see errors or omissions, please email: [email protected]
Summary
CSCS exists to provide an excellent education from a Christ-centered, biblical perspective for lifelong service.
Contact information
Mailing address:
Colorado Springs Christian Schools
4855 Mallow Road
Colorado Springs, CO 80907
Website: cscslions.org
Phone: 719-599-3553
Email: [email protected]
Organization details
EIN: 742477359
CEO/President: Dr. Roland DeRenzo, superintendent
Chairman: Cynthia Ringling
Board size: 8
Founder:
Ruling year: 1988
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1996
Purpose
CSCS offers students a well-rounded education - from a comprehensive academic program to a full complement of co-curricular opportunities. All courses are taught from a Christ-centered, biblical perspective by a committed and caring faculty. As an independent, non-denominational school, CSCS is accredited by the Association of Christian Schools International (ACSI) and the North Central Association Commission on Accreditation and School Improvement (NCA CASI).
Most significantly, Christian character-building is emphasized with daily Bible courses, weekly chapel services, and a myriad of opportunities for student volunteer service.
Mission statement
CSCS exists to provide an excellent education from a Christ-centered, biblical perspective for lifelong service.
Statement of faith
1. We believe in the Scriptures of the Old and New Testaments as verbally inspired by God and inerrant; there are no contradictions, no historical inaccuracies, and no false scientific information in the original manuscripts (II Timothy 3:16). We believe that the Old and New Testaments not only contain the Word of God, but are the Word of God in their entirety, and are the final authority in all subjects on which they speak (II Peter 1:21).
2.We believe in one God, eternally existing in three persons: Father, Son and Holy Spirit (Matthew 28:18-19; Mark 12:29; John 1:14; Acts 5:3-4).
3.We believe that Jesus Christ was begotten by the Holy Spirit, born of the Virgin Mary (Matthew 1:20-23), and is true God and true Man (John 1:1,14).
4.We believe that man was created in the image of God (Genesis 1:26), from dust, as a perfectly created individual named Adam, that he sinned and thereby incurred not only physical death, but also that spiritual death which is separation from God (Genesis 2:17; 3:6; Romans 5:12); that all human beings are born with a sinful nature, and, in the case of those who reach moral responsibility, become sinners in thought, word, and deed (Romans 3:10-23).
5.We believe that the Lord Jesus Christ died for our sins and for the sins of the whole world (I John 2:2), was buried and bodily rose from the dead according to the Scriptures (I Corinthians 15:1-4). We believe that He died as a representative and substitutionary sacrifice, and that all who believe in Him are justified by grace on the basis of His shed blood (John 3:16; Titus 3:5). We believe that those so justified are eternally preserved (e.g. the eternally secure position of the believer in Christ, as opposed to the concept that a believer in Christ could ever lose his salvation) through the present ministries of our risen, ascended, glorified Lord Jesus Christ and the Holy Spirit (John 10:27-29; Hebrews 7:25).
6.We believe that all who receive by faith the Lord Jesus Christ are born again of and indwelt by the Holy Spirit and thereby become children of God (John 3:3; 14:16, 17). We believe that regenerate man must walk in dependence upon the Holy Spirit in order to please God (Galatians 5:16).
7.We believe in "that blessed hope ", the personal and imminent return of our Lord and Savior Jesus Christ (John 14:1-3; I Thessalonians 4:13-18).
8.We believe in the bodily resurrection of the just and unjust, the everlasting blessedness of the just and the everlasting punishment of the unjust (e.g. there is no second chance in hell or the lake of fire for a restoration or universalism in salvation). A person's eternal destiny is set when they die with no hope of a second chance of salvation (I Corinthians 15:51, 52; Revelation 20:11-15).
9.We believe that the Church, composed of all those who truly believe on the Lord Jesus Christ as their Savior, is the Body and Bride of Christ. We believe that Christ is the Head of the Body, the Church (Ephesians 1:22, 23); that all believers are
baptized into the Body of Christ by the Holy Spirit, and thus having become members of one another, we are responsible to keep the unity of the Spirit in the bond of peace (I Corinthians 12:13; Ephesians 4:3).
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 | | 139 of 1106 | 6 of 48 |
| Fund acquisition rating | | 316 of 1107 | 23 of 48 |
| Resource allocation rating | | 457 of 1107 | 20 of 48 |
| Asset utilization rating | | 102 of 1106 | 5 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% | 10% | 2% | 11% | 13% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 3% | 1% | 0% | 0% | 1% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 15% | 11% | 7% | 4% | 5% | 7% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 3% | 1% | 0% | 0% | 1% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 85% | 89% | 93% | 96% | 95% | 93% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 84% | 86% | 85% | 86% | 86% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 93% | 99% | 95% | 106% | 107% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 77% | 85% | 81% | 91% | 92% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | 7% | 1% | 5% | -6% | -7% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | 29% | 4% | 34% | -42% | -33% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 15% | 14% | 14% | 13% | 14% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.46 | 0.77 | 0.78 | 0.84 | 0.84 | 0.82 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.08 | 6.51 | 7.11 | 9.46 | 14.85 | 25.75 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.44 | 5.00 | 5.53 | 7.95 | 12.42 | 21.07 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.01 | 0.36 | 0.33 | 0.25 | 0.15 | 0.09 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.33 | 2.80 | 3.05 | 4.00 | 6.85 | 11.04 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.19 | -4.32 | -4.46 | -4.52 | -5.65 | -5.71 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 33% | 79% | 82% | 86% | 88% | 83% |
Debt ratio Debt ratio = Debt / Total assets | 11% | 14% | 39% | 44% | 42% | 40% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 143% | 27% | 23% | 16% | 14% | 20% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,179,967 | $975,026 | $804,757 | $240,855 | $124,451 |
| Receivables, inventories, prepaids | $464,704 | $565,422 | $283,596 | $451,812 | $277,805 |
| Short-term investments | $62,803 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,707,474 | $1,540,448 | $1,088,353 | $692,667 | $402,256 |
| Long-term investments | $4,660,397 | $112,323 | $140,169 | $139,087 | $135,197 |
| Fixed assets | $4,739,859 | $4,368,868 | $4,638,707 | $4,747,336 | $5,111,940 |
| Other long-term assets | $0 | $4,928,071 | $4,423,268 | $4,705,156 | $4,706,810 |
| Total long-term assets | $9,400,256 | $9,409,262 | $9,202,144 | $9,591,579 | $9,953,947 |
| Total assets | $11,107,730 | $10,949,710 | $10,290,497 | $10,284,246 | $10,356,203 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $497,563 | $440,225 | $326,228 | $452,970 | $389,964 |
| Other current liabilities | $4,284,495 | $4,265,338 | $4,024,663 | $4,292,018 | $4,048,998 |
| Total current liabilities | $4,782,058 | $4,705,563 | $4,350,891 | $4,744,988 | $4,438,962 |
| Debt | $1,503,136 | $4,263,521 | $4,519,667 | $4,317,970 | $4,186,758 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $2,500,000 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $4,003,136 | $4,263,521 | $4,519,667 | $4,317,970 | $4,186,758 |
| Total liabilities | $8,785,194 | $8,969,084 | $8,870,558 | $9,062,958 | $8,625,720 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | ($2,389,014) | ($3,058,398) | ($3,251,720) | ($3,737,845) | ($3,205,171) |
| With donor restrictions | $4,711,550 | $5,039,024 | $4,671,659 | $4,959,133 | $4,935,654 |
| Net assets | $2,322,536 | $1,980,626 | $1,419,939 | $1,221,288 | $1,730,483 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $1,051,959 | $621,377 | $386,111 | $424,730 | $582,182 |
| Program service revenue | $7,198,882 | $7,308,665 | $7,241,682 | $6,928,379 | $6,876,040 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $523,046 | $94,672 | $110,737 | $116,408 | $108,963 |
| Other revenue | $427,764 | $571,269 | $1,399,911 | $622,668 | $344,203 |
| Total other revenue | $8,149,692 | $7,974,606 | $8,752,330 | $7,667,455 | $7,329,206 |
| Total revenue | $9,201,651 | $8,595,983 | $9,138,441 | $8,092,185 | $7,911,388 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $7,129,617 | $7,310,335 | $7,389,373 | $7,391,789 | $7,247,978 |
| Management and general | $1,298,045 | $1,190,402 | $1,224,639 | $1,154,524 | $1,201,994 |
| Fundraising | $107,026 | $15,080 | $43,000 | $53,183 | $26,753 |
| Total expenses | $8,534,688 | $8,515,817 | $8,657,012 | $8,599,496 | $8,476,725 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $666,963 | $80,166 | $481,429 | ($507,311) | ($565,337) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $666,963 | $80,166 | $481,429 | ($507,311) | ($565,337) |
Compensation
| Name | Title | Compensation |
| Roland DeRenzo | Superintendent/ President | $160,499 |
Compensation data as of: 6/30/2022
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 12/6/2023. To update the information below, please email: [email protected]
History
In 1966, five men recognized the need for Christian education in Colorado Springs and began meeting weekly for prayer concerning their vision for a Christ-centered school. After five years of diligent prayer, in 1971, God opened the necessary doors for CSCS to be established. This firm dedication to a biblically focused education program grounded in prayer continues today.
Program accomplishments
Needs
We value our donors and partners at CSCS. Each dollar given blesses the school. Our vision is to keep CSCS affordable and accessible to all who desire Christian education.