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Graduate Theological Foundation Inc

Graduate Theological Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351622256 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Graduate Theological Foundation Inc?

Graduate Theological Foundation Inc is an interreligious educational institution located in Sarasota, Florida. As a nonprofit organization, it specializes in providing continuing education and professional development opportunities for ministry professionals. The foundation offers a variety of degree programs, including doctoral, master's, and undergraduate degrees, designed for advanced learning. These programs are self-improving and motivational, catering to fully credentialed professionals in the ministry field. Students can complete their academic requirements through endorsed programs and venues across the United States and abroad, or directly through the foundation through online, distance, or on-site study. The foundation offers both professional (praxis-oriented) and academic (research-oriented) degrees. The doctoral degree programs require the completion of an approved course curriculum and the development of a final praxis-based doctoral project (professional doctorates) or a research-based doctoral thesis (academic doctorates), which are evaluated by faculty members. In 2022, the foundation graduated 25 doctoral students, and as of December 31, 2022, there were 178 students enrolled in doctoral programs, making up a total of 181 employees. The foundation's mission is to provide a platform for ministry professionals to advance their knowledge and skills, contributing to the interreligious community.


Official website here: www.gtfeducation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars, Needs Improvement, Overall Score: 67%

Graduate Theological Foundation Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement in various operational areas. The overall score of 67% reflects some strengths in governance, such as having a majority of independent board members and a well-structured conflict of interest policy. However, the foundation's lack of financial statements significantly impacts its score, leading to a low financial transparency rating.

The organization's accountability measures appear solid, with effective policies for whistleblowers and document retention. Additionally, it has shown no material diversion of assets and maintains a healthy liabilities to assets ratio at 0.23%. Despite these positives, the program expense ratio is relatively low at 58.77%, suggesting that a considerable portion of funds may not be directly supporting programmatic activities.

Overall, while Graduate Theological Foundation Inc demonstrates some good governance practices and financial health indicators, it faces critical challenges in transparency and program funding efficiency that need to be addressed for potential donors to feel confident in their support.


This AI summary has been generated from information found on Charity Navigator.

Is Graduate Theological Foundation Inc legitimate?

Graduate Theological Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Graduate Theological Foundation 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: $281,261
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,356

For more financial information, click here


Official website here: www.gtfeducation.org

What is the mission statement of Graduate Theological Foundation Inc?

The Graduate Theological Foundation serves as an interreligious degree-granting educational institution, providing continuing education and professional development opportunities for ministry professionals. Its mission is to offer advanced learning programs that are self-improving and motivational for fully credentialed professionals in the field of ministry. The foundation allows students to complete their academic requirements for doctoral, master's, or undergraduate degrees through authorized programs and venues across the United States and abroad, as well as directly through the foundation through online, distance, or on-site study. The institution provides both professional (praxis-oriented) and academic (research-oriented) degrees, with doctoral programs requiring the completion of an approved course curriculum and a final praxis-based doctoral project or a research-based doctoral thesis. In 2022, the foundation graduated 25 doctoral students, with 178 students enrolled in doctoral programs at the end of the year.


Official website here: www.gtfeducation.org

Who is the CEO of Graduate Theological Foundation Inc?

Paul Kirbas is the Provost of Graduate Theological Foundation Inc.


Official website here: www.gtfeducation.org

What is the revenue of Graduate Theological Foundation Inc?

Graduate Theological Foundation Inc's revenue in 2022 was $595,428.


Official website here: www.gtfeducation.org

Who are the executives of Graduate Theological Foundation Inc and what are their salaries?

The average compensation at Graduate Theological Foundation Inc during 2022 was $126,206. There are 3 employees at Graduate Theological Foundation Inc.


Here are 7 key members and their salaries:


Jennifer Kirbas (Provost)
  • Compensation: $101,310
  • Related: $0
  • Other: $23,903
Kendra E Clayton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Dunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pastor Carlos E Ham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dennis Reid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kirbas (Chairman Of The Board)
  • Compensation: $132,144
  • Related: $0
  • Other: $23,904
Dianne Gasbarra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gtfeducation.org

Where can I find the form 990 for Graduate Theological Foundation Inc?

Graduate Theological Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gtfeducation.org

Learn more at the official website: www.gtfeducation.org

Mission Statement of Graduate Theological Foundation Inc

The Graduate Theological Foundation Inc, an interreligious degree-granting educational institution, is dedicated to providing continuing education and professional development opportunities for ministry professionals. Its mission is to serve as a platform for advanced learning and self-improvement for fully credentialed professionals in the field of ministry. The foundation offers a variety of degree programs, including doctoral, master's, and undergraduate degrees, designed to cater to the needs of ministry professionals. These programs can be completed through endorsed programs and venues across the United States and abroad, as well as directly through the foundation via online, distance, or on-site study.

The Graduate Theological Foundation Inc is committed to fostering both professional (praxis-oriented) and academic (research-oriented) degrees. The institution's doctoral degree programs require the completion of an approved course curriculum and the development of a final practicum-based doctoral project or a research-based doctoral thesis, which is evaluated by faculty members. In 2022, the foundation graduated 25 doctoral students, demonstrating its commitment to the professional development of ministry professionals. With a focus on advanced learning and self-improvement, the Graduate Theological Foundation Inc plays a significant role in equipping ministry professionals with the skills and knowledge necessary to excel in their respective fields.

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Impact




July, 2024

Graduate Theological Foundation Inc's impact lies in providing advanced educational opportunities for fully credentialed ministry professionals. By offering interreligious degree programs that are self-improving and motivational in nature, the foundation enables individuals to enhance their knowledge and skills in the field of ministry. Through a combination of academic and professional degree offerings, including doctoral programs that require the completion of rigorous coursework and a final project or thesis, the foundation helps students deepen their expertise and contribute meaningfully to the practice of ministry.

In 2022, the foundation graduated 25 doctoral students, reflecting its commitment to producing well-trained professionals in the field. With a total enrollment of 216 students by the end of the year, the foundation is actively supporting a diverse community of learners seeking to advance their careers and impact their respective religious communities. By offering programs both online and on-site, the foundation has been able to reach students across the U.S. and abroad, making quality theological education more accessible to a wider audience.

Through its mission to provide continuing education and professional development opportunities, Graduate Theological Foundation Inc is making a tangible difference in the lives of ministry professionals, equipping them with the knowledge and skills needed to excel in their vocations and enrich their communities.




This information is meant to be a general summary of Graduate Theological Foundation 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.

Revenue
$595,428 (2022)
Expenses
$679,307 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$904
  • Program Service Revenue: $534,464
  • Gross Receipts: $745,006

Assets and Liabilities:

  • Total Assets: $172,253
  • Total Liabilities: $400
  • Net Assets: $171,853

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$397,403

COURSE FEES

Revenue

$133,960

APPLICATION FEES

Revenue

$2,350

TRANSCRIPTS

Revenue

$701

GRADUATION FEES

Revenue

$50

Organization Details

Founding Year

1984

Principal Officer

Paul Kirbas

Main Address

751 SOUTH ORANGE AVE, SARASOTA, FL, 34236

NTEE Category

Code: A78Z - Arts

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