Providence Christian School of Texas
Nonprofit profile at a glance
- EIN
- 752247092
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Dallas, TX, USA
- Phone
- 2143022800
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
- Affiliation
- Christianity
Reported finances
- Revenue
- $11,104,633
- Expenses
- $10,700,278
- Assets
- $29,799,896
- Liabilities
- $6,385,693
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- JOHN GOLDEN (VICE PRESIDENT/DIRECTOR)
- CHRIS ZUGARO (PRESIDENT/DIRECTOR)
Highest reported compensation
- JEFFREY S HENDRICKS (HEADMASTER/DIRECTOR): $255,835 total reported compensation
- WILL SCHOELLKOPF (CFO): $176,935 total reported compensation
- SUSAN MOORE (COMPTROLLER): $168,456 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide academically able students with a challenging educational experience designed to help them know, love and practice that which is true, good and excellent, and to prepare them to live purposefully and intelligently in the service of god and man.
What it reported doing in 2024
The top achievements at providence for the 2024-25 school year are: academic: enrollment - pre-k through class eight pcs had 471 students enrolled. Graduation - class eight had 40 graduating students in may 2025.erb scores above the national normerb math test results for class 8 students: resultsmean scaled score pcs 5mean scaled score independent schools 6mean scaled score national average 8erb reading test results for class 8 students: mean scaled score pcs 5mean scaled score independent school 6mean scaled score national average 8erb wrap (writing assessment program) test results for class 8 students:54% of pcs students 6th stanine or higher (stanine is short for standard nine) (67% of pcs students above average - 5th stanine)american mathematics competition: competed gold (g) silver (s) bronze (b)class 6 students: 33 1g 2s 3bclass 7 students: 32 1g 1s 1bclass 8 students: 37 2g 1s 2bmathcounts competition: school level (not chapter) qualifiers 4th place teamclass 6 students: 1 / 1 qualifiersclass 7 students: 4 / 6 qualifiersclass 8 students: 6 / 7 qualifiers2 students placed in the top 25% in the chapter competitionnational exploratory latin exam for class 5 students 44: 100% of pcs class 5 students medaled pcs perfect scores 13 30%summa cum laude 20 45%magna cum laude 6 14%cum laude 5 11%national latin exam for class 6 students 32: 91% of pcs class 6 students medaled pcs perfect score 3 9%summa cum laude 17 53%magna cum laude 6 19%cum laude 3 9%national latin exam i for class 7 students 35: 66% pcs students medaledpcs class 7 students compete against class 9-12 nationally pcs summa cum laude 6 17%maxima cum laude 4 11%magna cum laude 5 14%cum laude 7 20%national latin exam ii for class 8 students 39: 55% pcs students medaledpcs class 8 students compete against class 10-12 nationally pcs summa cum laude 0 0%maxima cum laude 0 0%magna cum laude 7 18%cum laude 8 21%extracurricular: headmaster's reading society - each class (1-8) is challenged to read a selection of "35 great books" that are age-appropriate literature selected from the school's classical literature lists.2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025class one: 8 29 36 38 43 30 29 30 26 41 46 50class two: 6 13 33 30 31 31 19 19 20 25 31 40 class three: 1 24 12 27 31 16 22 19 12 18 17 23class four: 4 3 23 6 22 22 10 14 14 13 18 13class five: 1 9 3 6 5 10 13 5 8 9 10 11class six: 0 2 8 3 4 4 8 8 6 6 7 6class seven: 0 0 1 6 5 4 4 8 9 6 6 7class eight: 0 1 0 1 5 4 2 3 9 9 6 5total readers 20 81 116 117 146 121 107 106 104 127 141 161mean scaled score national average: 8
Operating model
- Revenue model
- Earned-program. 83% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.4%; rating input score 67
- Program expense ratio: 72%; rating input score 72
- Fundraising efficiency: $6.95 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.6%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 2.78; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 6.9%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 19th percentile among comparable filings
Details
- Where the money goes: 67.4% of revenue deployed · 72% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $7.7M in reported program spending
- Leadership: top reported pay $256K · 17 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $108K reported
- Consistency: 36 of 36 current checks pass
- Schedules: 11 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 28/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.