Overview
What is Central Baptist Theological Seminary?
Central Baptist Theological Seminary is a nonprofit institution located in Plymouth, Minnesota. With a focus on graduate-level education, it prepares individuals who have been called by God for Baptist ministry, both locally and internationally. The seminary awards diplomas for various theological studies, including Master of Arts in Theological Studies, Masters of Divinity, Masters of Theology, and PhD in Theology. The mission of this institution is to support New Testament churches in developing spiritual leaders committed to biblical ministry, aiming to exalt Christ. The seminary employs a team of 17 individuals in its operations.
Official website here: www.centralseminary.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating
Central Baptist Theological Seminary has achieved an impressive score of 90%, reflecting strong performance in accountability and finance. The organization benefits from a fully independent board, complete adherence to financial oversight, and a solid financial structure, evidenced by a low liability to assets ratio and a high program expense ratio of 74.42%. These metrics demonstrate effective management and a commitment to transparency.
The organization excels in many areas, including having no material diversions of assets and efficient fundraising practices, achieving a fundraising efficiency ratio of $0.022. The fact that all board members are independent and the organization has a robust audit committee further highlights its strong governance framework. However, there are some gaps noted, such as the absence of a whistleblower policy and document retention policies, which could impact overall governance standards.
Overall, Central Baptist Theological Seminary is positioned as a fiscally responsible organization with a strong commitment to its mission and effective resource allocation. While it has room for improvement in certain governance policies, its financial health and transparency are commendable, making it a trustworthy choice for donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Central Baptist Theological Seminary?
74% of reviewers on Facebook recommend Central Baptist Theological Seminary, indicating a mixed response from users. The limited number of reviews suggests that there may be a smaller community of individuals actively engaging with the seminary.
Of the feedback available, it seems that sentiments may vary significantly among those who participated. While there is one unrelated comment, the overall impression remains unclear due to the few total reviews. This lack of substantive user experiences may reflect a need for broader engagement or outreach from the seminary to secure more comprehensive feedback.
In summary, it appears that while there is some support for Central Baptist Theological Seminary, the small number of reviews prevents a thorough understanding of the services provided. More engagement from students and alumni could help gather additional insights and improve the overall visibility of user sentiment.
This AI summary has been generated from reviews found on Facebook.
Is Central Baptist Theological Seminary legitimate?
Central Baptist Theological Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Baptist Theological Seminary 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: $53,251
Professional Fundraising Fees: $0
Other Salaries and Wages: $954,271
For more financial information, click here
Official website here: www.centralseminary.edu
What is the mission statement of Central Baptist Theological Seminary?
Central Baptist Theological Seminary's mission is centered around assisting New Testament churches in equipping spiritual leaders for ministry that exalts Christ and adheres to biblical principles. The seminary serves this purpose at the graduate level, preparing individuals who have been called by God for Baptist witness and work, both domestically and internationally. Central Baptist Seminary offers diplomas for theological ministry preparation, with degrees such as Master of Arts in Theological Studies, Masters of Divinity, Masters of Theology, and PhD in Theology. The institution's primary goal is to equip these future leaders with the necessary skills and knowledge to serve their communities effectively.
Official website here: www.centralseminary.edu
What is the revenue of Central Baptist Theological Seminary?
Central Baptist Theological Seminary's revenue in 2024 was $1,306,784.
Official website here: www.centralseminary.edu
Who are the executives of Central Baptist Theological Seminary and what are their salaries?
The average compensation at Central Baptist Theological Seminary during 2024 was $59,266. There are 17 employees and 66 volunteers at Central Baptist Theological Seminary.
Here are 25 key members and their salaries:
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Official website here: www.centralseminary.edu
Where can I find the form 990 for Central Baptist Theological Seminary?
Central Baptist Theological Seminary's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.centralseminary.edu
Learn more at the official website: www.centralseminary.edu
Mission Statement of Central Baptist Theological Seminary
Central Baptist Theological Seminary is committed to aiding New Testament churches in the development of spiritual leaders for Christ-centered, biblically grounded ministry. Its mission is multifaceted, encompassing the preparation of individuals at the graduate level who have been called by God to serve in separatist Baptist churches, both domestically and internationally. The seminary offers various degrees, including the Master of Arts in Theological Studies, Masters of Divinity, Masters of Theology, and PhD in Theology, to equip these future leaders with the necessary skills and knowledge for their ministry work. The ultimate goal of Central Baptist Theological Seminary is to foster graduates who can exemplify Christ-exalting biblical ministry in their respective roles.
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Impact
July, 2024
Central Baptist Theological Seminary plays a vital role in equipping spiritual leaders for Christ-exalting biblical ministry. Through its graduate-level programs, the seminary prepares men and women who are called to serve in Baptist witness both domestically and internationally. With a focus on theological studies, divinity, and advanced degrees in theology, Central Baptist Theological Seminary is instrumental in developing knowledgeable and skilled leaders for churches and ministries. Its impact can be seen in the graduates who go on to serve effectively in various roles within the church and beyond.
This information is meant to be a general summary of Central Baptist Theological Seminary. 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 2024.
- Investment Income: $94,755
- Program Service Revenue: $316,125
- Gross Receipts: $1,342,066
Assets and Liabilities:
- Total Assets: $4,526,141
- Total Liabilities: $29,187
- Net Assets: $4,496,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$248,870
RADIO STATION
Revenue
$67,255
Organization Details
Founding Year
1956
Principal Officer
Matt Morrell
Website
www.centralseminary.eduNTEE Category
Code: B50 - Education
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