Because our school operates with great efficiency and our staff serves sacrificially, we are able to operate at a much lower cost than most schools. We are committed to a tuition structure that will enable us to provide a quality Christian education at a competitive price. We have taken several steps to create what we call "Family Friendly Tuition Rates". We know that people don't like to be "nickeled and dimed" for everything, so to simplify things for our families, we have eliminated all mandatory fees other than the annual registration fee. All other costs are for optional items such as hot lunches, yearbook, band, sports teams, etc. We are committed to managing our finances in a responsible and ethical fashion. Our financial policies, reports, board minutes, financial records, and procedures are reviewed annually by Keikover Scholma & Shumaker PC. They develop our year-end statements and make recommendations for how we can improve our procedures and policies. These statements have always been available to our parents and donors on request, but to ensure the utmost transparency and accountability to our constituents, we are making them available as downloads here on our website.
Finance Statement 2023
Finance Statement 2022
Finance Statement 2021 Giving Jesus said that anyone who was faithful in the little things (meaning money) would prove to be faithful in the big things (spiritual life). Algoma Christian School is committed to careful stewardship of the resources God has entrusted to us. To ensure financial integrity, our budgets are balanced and our books are reviewed every year. Our administrative overhead is low so that we can maximize the educational impact of every dollar. Nevertheless, tuition alone does not cover the costs of education, so from time to time families and friends of the school are asked to consider making a donation to support the ministry. The school holds four major fundraising events throughout the year (Annual Fall Auction, #GivingTuesday/Year End, Project Luke 9, and Fireworks Tent). These events not only raise money to support various school activities but also raise public awareness of the school's ministry. We also have a few "background fundraisers" that provide ongoing support with minimal work on the part of the school or family. |