ADVENT EPISCOPAL DAY SCHOOL INC
Mission Statement
Advent Episcopal School provides students a superior education in a caring, Christian environment to prepare them for a life of continued learning, leadership, and service. Advent is a traditional school with a rigorous and advanced academic curriculum providing the space and capacity for innovation. We believe each child is unique and in a constant process of change so we involve students in the total learning process by engaging their physical, social, emotional, and spiritual well-being to meet high standards. Students are encouraged through varied educational approaches to question, challenge, and explore in their discovery of knowledge and truth. Advent is small by design, allowing us to ensure that all students are loved, supported, and known—both for who they are now and who they are yet to become. Our school community of faculty, staff, students, and parents fosters a feeling of family that encourages personal growth and helps children develop a strong sense of responsibility and positive sense of self. With students and faculty from every corner of Birmingham and representing varied and diverse backgrounds, our school is a true reflection of our community. Advent strives to cultivate a respectful and appreciative spirit of excellence. We believe in unity, not uniformity, and in the unique worth and beauty of all human beings as creations of a loving, gracious God.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.0% | 84.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.7% | 12.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.1 mo | 9.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
15.6% | 21.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
81.2% | 89.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
14.6% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.4% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
8.3% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $5.2M | $4.8M | $2.8M | 79.0% | 64 |
| 2024 | $4.5M | $4.7M | $2.4M | 77.3% | 64 |
| 2023 | $4.2M | $4.3M | $2.6M | 75.2% | 68 |
| 2022 | $4.2M | $4.0M | N/A | — | 64 |
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