Overview
What is Presbyterian General Assembly Theological Seminary Inc?
Presbyterian General Assembly Theological Seminary Inc, located in Hinesville, Georgia, is a distinguished graduate or professional institution dedicated to religious education. This nonprofit organization, as per its mission, focuses on providing advanced learning opportunities in the realm of faith and spirituality. The primary objective of Berit Theological Seminary, as it is commonly known, is to foster religious knowledge and understanding.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Stars)
The Presbyterian General Assembly Theological Seminary Inc has received a low score of 33%, resulting in a Zero-Star rating. This score is derived solely from its Accountability & Finance metrics, indicating that there are significant issues affecting its overall transparency and financial health. While the organization does have a fully independent board and has shown no material diversion of assets, other critical aspects of accountability have raised concerns.
Strengths of the organization include a complete independent board and satisfactory documentation of board meeting minutes. However, the organization lacks several essential policies, such as a conflict of interest policy and a whistleblower policy, which are crucial for ensuring ethical governance and accountability. Additionally, its financial metrics reveal a poor program expense ratio of 8.73%, indicating that a minimal portion of its expenditures goes toward its programs.
Limitations are evident with missing documentation on its website, including its tax form and other key policies, which detracts from its overall accountability. The liabilities to assets ratio is particularly troubling, suggesting potential financial instability. Overall, while the organization has strengths in its governance structure, significant gaps in financial transparency and accountability practices remain a concern.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian General Assembly Theological Seminary Inc legitimate?
Presbyterian General Assembly Theological Seminary Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian General Assembly Theological Seminary Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Presbyterian General Assembly Theological Seminary Inc?
The Presbyterian General Assembly Theological Seminary Inc, through its institution Berit Theological Seminary, is dedicated to the pursuit of religious education. The seminary's mission is centered around providing advanced or specialized learning in theological studies. This mission is geared towards fostering a deeper understanding of religious teachings and principles. The seminary serves as a platform for individuals seeking to further their religious knowledge and expertise. It is a place where students can engage in rigorous academic discourse and spiritual growth. The primary focus of Berit Theological Seminary is to equip its students with the necessary tools and knowledge to contribute positively to their respective religious communities.
Who is the CEO of Presbyterian General Assembly Theological Seminary Inc?
Sophia Kim is the Professor Emeritus of Presbyterian General Assembly Theological Seminary Inc.
What is the revenue of Presbyterian General Assembly Theological Seminary Inc?
Presbyterian General Assembly Theological Seminary Inc's revenue in 2022 was $66,910.
Who are the executives of Presbyterian General Assembly Theological Seminary Inc and what are their salaries?
The average compensation at Presbyterian General Assembly Theological Seminary Inc during 2022 was $37,500. There are 2 employees and 6 volunteers at Presbyterian General Assembly Theological Seminary Inc.
Here are 9 key members and their salaries:
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- Other: $3,000
- Compensation: $28,500
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- Other: $0
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- Other: $12,000
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- Other: $0
- Compensation: $12,000
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- Other: $0
- Compensation: $22,500
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Presbyterian General Assembly Theological Seminary Inc?
Presbyterian General Assembly Theological Seminary Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Presbyterian General Assembly Theological Seminary Inc
Presbyterian General Assembly Theological Seminary Inc, specifically Berit Theological Seminary, is committed to the pursuit of religious education. As a graduate or professional institution, its mission is centered around providing advanced learning opportunities in the field of theology. By focusing on religious education, Berit Theological Seminary aims to contribute to the development of individuals with a deep understanding of religious teachings and principles.
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Impact
August, 2024
Presbyterian General Assembly Theological Seminary Inc, operating as Berit Theological Seminary in Hinesville, GA, has a significant impact on religious education. The seminary plays a vital role in providing graduate-level education and training for individuals who seek to enter into the ministry or deepen their theological knowledge. By offering specialized programs and resources, Berit Theological Seminary contributes to the development of knowledgeable and skilled religious leaders who can serve their communities effectively. Through its mission of religious education, the seminary helps to equip individuals with the tools and understanding necessary to fulfill their callings and make a positive impact in the field of religion.
This information is meant to be a general summary of Presbyterian General Assembly Theological Seminary Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3
- Program Service Revenue: $8,526
- Gross Receipts: $66,910
Assets and Liabilities:
- Total Assets: $345,876
- Total Liabilities: $1,526
- Net Assets: $344,350
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SEMINARS
Revenue
$8,526
Organization Details
Founding Year
2007
Phone
(516) 633-6271Principal Officer
Sophia Kim
Main Address
4156 EAST OGLETHORPE HWY, HINESVILLE, GA, 31313
NTEE Category
Code: B50 - Education
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