Overview
What is Pillar Seminary?
Pillar Seminary is a nonprofit organization located in Omaha, Nebraska. With a PO Box address, it focuses on providing biblical and theological education, as well as organizational leadership training. Their mission is to equip individuals for ministry in local church settings and missions. They achieve this through education and leadership development, serving a total of eight employees. The organization's exempt purpose is to prepare individuals for ministry, fostering growth within the church community.
Official website here: www.pillarseminary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Star rating)
Pillar Seminary has received a Two-Star rating from Charity Navigator, indicating average performance in its accountability and financial practices. The organization boasts a high score for having a fully independent board and no material diversion of assets, which speaks to its governance integrity. However, it falls short in several key policy areas, lacking a conflict of interest policy, whistleblower policy, and document retention policies, which could raise concerns about transparency and risk management.
In terms of financial health, Pillar Seminary has a program expense ratio of 61.43%, suggesting that a significant portion of its budget is allocated towards programs. This is a positive indicator of the organization’s commitment to its mission. The liabilities to assets ratio stands at 0.00%, reflecting strong financial stability and low indebtedness, which is favorable for sustainability.
Despite its strengths, the absence of essential policies may hinder Pillar Seminary's effectiveness in governance and accountability. As potential donors or supporters evaluate their contributions, these factors should be taken into account to ensure alignment with their values and expectations for nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Pillar Seminary legitimate?
Pillar Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pillar 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: $89,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,602
For more financial information, click here
Official website here: www.pillarseminary.org
What is the mission statement of Pillar Seminary?
Pillar Seminary is dedicated to providing education for individuals interested in local church ministry and missions. Its primary objective is to equip people for ministry through both educational and leadership training. The seminary offers biblical and theological education, as well as organizational leadership training, to help individuals effectively serve in their respective ministries. The exempt purpose of the organization is to prepare and support individuals who are passionate about serving their local churches and communities.
Official website here: www.pillarseminary.org
What is the revenue of Pillar Seminary?
Pillar Seminary's revenue in 2024 was $537,628.
Official website here: www.pillarseminary.org
Who are the executives of Pillar Seminary and what are their salaries?
The average compensation at Pillar Seminary during 2024 was $30,201. There are 13 employees at Pillar Seminary.
Here are 9 key members and their salaries:
- Compensation: $29,506
- Related: $0
- Other: $33,424
- Compensation: $59,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pillarseminary.org
Where can I find the form 990 for Pillar Seminary?
Pillar Seminary's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pillarseminary.org
Learn more at the official website: www.pillarseminary.org
Mission Statement of Pillar Seminary
Pillar Seminary, an organization dedicated to local church ministry and missions, aims to equip individuals for ministry through education and leadership training. Its primary mission is to provide biblical and theological education, as well as organizational leadership training, with the exempt purpose of fostering capable ministers. The seminary seeks to prepare individuals for various roles within the church and missions, ensuring they are well-equipped to serve and make a positive impact in their communities.
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Impact
July, 2024
Pillar Seminary's impact is felt in equipping individuals for local church ministry and missions through education and leadership training. By providing biblical and theological education alongside organizational leadership training, Pillar Seminary plays a crucial role in developing capable and knowledgeable leaders within the church community. This impact is evident in the growth and effectiveness of ministries that benefit from the graduates who have been equipped by Pillar Seminary.
This information is meant to be a general summary of Pillar 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: $8,899
- Program Service Revenue: $186,056
- Gross Receipts: $537,628
Assets and Liabilities:
- Total Assets: $235,631
- Total Liabilities: $0
- Net Assets: $235,631
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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
$185,916
AUXILIARY INCOME
Revenue
$140
Organization Details
Founding Year
2014
Principal Officer
Dan Lowery
Website
www.pillarseminary.orgNTEE Category
Code: B50 - Education
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