Valor Christian Schools

Nonprofit profile at a glance

EIN
203168449
IRS 990 coverage
2009–2020
Forms available
Form 990 2020
Location
Highlands Ranch, CO, USA
Phone
3034713000
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12
Affiliation
Christianity

Official website

Reported finances

Revenue
$35,639,062
Expenses
$31,652,350
Assets
$100,135,509
Liabilities
$11,729,147

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • GARY FISHER (HEAD OF SCHOOL/CEO)
  • KURT UNRUH (HEAD OF SCHOOL/CEO - THRU 12/31/20)

Highest reported compensation

  • KURT UNRUH (HEAD OF SCHOOL/CEO - THRU 12/31/20): $590,507 total reported compensation
  • GARY FISHER (HEAD OF SCHOOL/CEO): $227,940 total reported compensation
  • JODY GOFF (DIR. OF FINANCE & OPS/CFO): $186,938 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o.in partnership with committed parents, our mission is to provide a purpose-driven college preparatory program, within a vibrant christ-centered environment that empowers students to discover their passions and to develop their unique gifts and abilities while growing in wisdom, knowledge, leadership, faith and service.

What it reported doing in 2020

See schedule ovalor christian high school is a christian faith community that provides an independent, college-preparatory school located in highlands ranch, Colorado. Valor accomplishes its mission primarily by bringing together groups of individuals (staff, students and volunteers) to engage in bible-centered devotional and educational worship activities in accordance with valor's christian religious beliefs. The central expression of communal worship at valor is the wednesday weekly chapel service for the entire community. The additional activities described below all build upon and extend this worship experience. Standing firmly behind its vision to prepare tomorrow's leaders to transform the world for christ, a valor education provides a rigorous academic program in a christ-centered environment maintaining a 11:1 student to teaching faculty ratio. Valor opened its doors in the fall of 2007 and has since grown from 155 to over 1,200 students serving grades 9th - 12th. The 2020-21 school year marked the organization's 14th year of schooling. As it enters its second decade, the school remains committed to its core values to honor christ in everything it does, to conduct planning and make decisions based on what is in the best interest of students and to partner with parents as the primary influencers of their children's lives. Valor is fully accredited with both cognia and the association of christian schools international (acsi) in which it maintains exemplary status. In addition, valor is also a charter member of the council on educational standards and accountability (cesa) and received the prestigious 2015 national blue ribbon schools award by the united states department of education, representing one of only three private high schools in the country to receive the award that year. Valor's courses meet the very best educational standards and are taught in a manner to prepare students for future academic challenge without jeopardizing or diluting the importance of a christian world view. Over 65% of valor's faculty have advanced degrees, with 9 individuals holding doctorates. Academics: valor provides an academically rigorous program, grounded in biblical truth, that prepares students for the highest level of academic performance and leadership in college and beyond. Valor offers 17 dual college credit courses and 20 advanced placement (ap) courses. Of the 353 students enrolled in ap courses, valor had a total of 114 ap scholars and an ap course pass rate of 85%.in 2020-21, valor had 13 students eligible for national merit distinction. The average act score for the class of 2021 was 25.2 with students in the top half scoring an average of 29.5. To date valor has graduated 12 classes with over 88% of graduates in 2021 matriculating to four-year colleges and universities. The class of 2021 earned over $6.8 million in academic, artistic and athletic scholarships and awards for their freshman year. In 2020-21, the average gpa for the student body was 3.4. For the class of 2021, the top 10% of students achieved gpas between 4.2 and 4.5. Valor's endorsement programs in stem and humanities offer a cross-discipline course of study that enables select students to organize their graduation requirements around their core interests. There were currently 59 students participating in a humanities endorsement and 110 participating in a stem endorsement. Valor students cover a wide spectrum of learning styles, including students who are neural atypical. As a result, valor takes academic support very seriously to maximize learning and success for all students. Formal academic accommodations are offered to those students who have a diagnosed learning difficulty. In addition, many other support services are offered such as individual tutoring, academic coaching and management, peer tutoring, standardized test prep, online courses and summer school. Arts+media: valor's arts+media department is passionate about reclaiming the arts for chris

Operating model

Revenue model
Earned-program. 84% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 90% 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.

The verdict

STRONG - 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: 73
  • Transparency & Controls: 87
  • Accountability: 95
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.9%; rating input score 75
  • Program expense ratio: 84.3%; rating input score 84
  • Fundraising efficiency: $9.72 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • 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; 71st 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; 67th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.2%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 3.16; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: 7% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 3% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: 2.9% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 74.9% of revenue deployed · 84.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $26.7M in reported program spending
  • Leadership: top reported pay $591K · 15 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.3M reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2009 to 2020
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Review — Sustainability: Operating margin scored 59/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Officer compensation ratio scored 50/100.