Annual Report 2018-2019
the financial stability of CCS, we publish this end of the year report. This report is simple. but demonstrates to all stakeholders that CCS administration and Board of Trustees take the core value of financial stability seriously. I am pleased to report that Cambridge Christian School finished the school year meeting all expenses.We are accountable to be good stewards of your investment and handle the business operations of Cambridge wisely and biblically. This report is a small example of that responsibility.
Every school year, Cambridge Christian School has a comprehensive financial audit completed by a third party. Along with a yearly audit, the Business Administrator and the Head of School meet monthly with
a Finance Committee made up of Board of Trustee members and parents of Cambridge Christian School to review financial records and financial stability. In addition to the report given yearly at the State of School address on
REVENUES
Tuition & Fees 74.9%
Capital Campaign 13.0%
Student Programs & Activities 8.8%
Annual Giving & Other Gifts 2.7% Other Income 0.6%
Revenues: $11,851,783
EXPENSES
Salaries & Benefits 62.0%
Tuition Assistance & Discounted Tuition 14.4% General & Administrative 7.9% Instruction, Student Programs & Activities 7.5% Facilities 4.6% Provision for Plant/Depreciation 3.6%
Expenses: $10,438,788
Unaudited figures as of June 30, 2019.
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