Alaska Christian College

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 6/7/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

ACC is a college located in Soldotna, Alaska and is affiliated with the Alaska Conference of the Evangelical Covenant Church. ACC provides faith-based education in a supportive community.


Contact information

Mailing address:
Alaska Christian College
35109 Royal Pl
Soldotna, AK 99669

Website: alaskacc.edu

Phone: 907-260-7422

Email: mail@alaskacc.edu


Organization details

EIN: 920174205

CEO/President: Keith Hamilton

Chairman: Paul Hawkinson

Board size: 0

Founder:

Ruling year: 2002

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: Yes

Member of ECFA since: 2019


Purpose

Our vision is to be the premier college of choice for Alaska Native students so that our graduates follow and serve Christ within the Church and larger society.


Mission statement

The mission of Alaska Christian College is to empower Alaska Natives through biblically-based higher education and Christian formation to pursue excellence in character, learning, and service as followers of Christ.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating707 of 99995 of 117
Fund acquisition rating215 of 100127 of 117
Resource allocation rating965 of 1001114 of 117
Asset utilization rating650 of 99984 of 117

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
15%12%5%12%10%18%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%7%3%8%6%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
13%60%70%64%67%59%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%10%6%9%10%11%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
87%40%30%36%33%41%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%55%66%61%62%61%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%70%63%90%66%96%
Program output ratio Program output ratio =
Program services /
Total revenue
81%39%42%55%41%59%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%30%37%10%34%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%17%28%7%29%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%34%28%30%28%27%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.500.350.440.540.510.66
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.772.262.864.642.936.18
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.660.801.272.511.494.09
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.0849.5418.203.247.305.13
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.160.020.050.310.140.19
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.7814.678.943.316.962.36
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%9%6%14%11%12%
Debt ratio Debt ratio =
Debt /
Total assets
17%8%4%8%6%9%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
140%256%213%159%176%134%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,245,860$1,392,133$919,689$1,185,538$482,962
Receivables, inventories, prepaids$1,323,770$1,067,087$140,405$464,917$13,796
Short-term investments$1,089,791$481,473$379,368$360,166$186,868
Other current assets$0$0$0$0$0
Total current assets$4,659,421$2,940,693$1,439,462$2,010,621$683,626
Long-term investments$0$0$0$0$0
Fixed assets$5,893,758$5,473,562$5,241,984$3,878,722$3,540,833
Other long-term assets$0$0$0$0$0
Total long-term assets$5,893,758$5,473,562$5,241,984$3,878,722$3,540,833
Total assets$10,553,179$8,414,255$6,681,446$5,889,343$4,224,459
 
Liabilities20202019201820172016
Payables and accrued expenses$47,602$99,182$374,303$234,683$122,730
Other current liabilities$46,446$62,417$69,488$40,754$10,548
Total current liabilities$94,048$161,599$443,791$275,437$133,278
Debt$882,752$318,229$508,365$347,836$361,715
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$882,752$318,229$508,365$347,836$361,715
Total liabilities$976,800$479,828$952,156$623,273$494,993
 
Net assets20202019201820172016
Without donor restrictions$6,681,125$5,668,716$5,387,246$3,306,082$2,823,338
With donor restrictions$2,895,254$2,265,711$342,044$1,959,988$906,128
Net assets$9,576,379$7,934,427$5,729,290$5,266,070$3,729,466
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$3,228,840$4,140,610$2,571,629$3,031,691$1,716,309
Program service revenue$1,906,596$1,530,550$1,339,599$1,331,108$1,104,238
Membership dues$0$0$0$0$0
Investment income$17,910$23,723$17,097$11,125$2,236
Other revenue$206,177$250,225$89,303$133,609$83,314
Total other revenue$2,130,683$1,804,498$1,445,999$1,475,842$1,189,788
Total revenue$5,359,523$5,945,108$4,017,628$4,507,533$2,906,097
 
Expenses20202019201820172016
Program services$2,071,567$2,472,172$2,192,585$1,855,903$1,712,484
Management and general$1,281,429$1,050,621$1,094,575$847,707$767,926
Fundraising$381,720$206,060$321,204$290,185$312,558
Total expenses$3,734,716$3,728,853$3,608,364$2,993,795$2,792,968
 
Change in net assets20202019201820172016
Surplus (deficit)$1,624,807$2,216,255$409,264$1,513,738$113,129
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,624,807$2,216,255$409,264$1,513,738$113,129

Compensation

NameTitleCompensation
Keith HamiltonPresident$128,745

Compensation data as of: 5/31/2020


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 6/7/2021. To update the information below, please email: info@ministrywatch.com


History

Alaska Christian College (ACC) was founded in July of 2000 to meet post-secondary educational needs of Alaska Native students. ACC opened its doors on September 16, 2001 to 22 students from 13 different tribal and ethnic groups from seven different states, 18 of whom were of Native Alaskans/American ethnic origin. Since that first class, ACC has served more than 250 students, more than 90% of whom are Alaska Native.


Program accomplishments

Alaska Christian College is accredited by the Commission on Accreditation of the Association for Biblical Higher Education (ABHE).


Needs