Overview
What is Alternative Seminary Inc?
Alternative Seminary Inc, based in Chattanooga, Tennessee, is a nonprofit organization dedicated to equipping leaders to shape society for Christian values. Their mission encompasses providing biblically grounded education, ensuring relevance, and setting practical standards for effective leadership development. With a modest workforce of two individuals, Alternative Seminary Inc aims to make a significant impact in shaping the cultural landscape.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, Two-Star out of Four Star rating. This rating indicates that Alternative Seminary Inc demonstrates some accountability and financial health, but it falls short of higher standards typically expected of top-rated nonprofits. The score is derived entirely from the Accountability & Finance beacon, revealing a focused approach to governance and financial practices.
The organization has strengths in areas such as board independence, with 83% of its board members being independent, and it has an excellent program expense ratio of 86.65%, which suggests a strong commitment to its mission. Additionally, the charity has a clear conflict of interest policy and maintains proper documentation for board meetings, highlighting its commitment to transparency.
However, the organization struggles with its liabilities to assets ratio, scoring 0 out of 15 points in this area. This may indicate potential financial instability or over-leverage, suggesting that while the charity is operationally sound in certain aspects, there may be underlying financial risks that could affect its long-term sustainability. Overall, while Alternative Seminary Inc shows promise in its governance, financial health remains a concern.
This AI summary has been generated from information found on Charity Navigator.
Is Alternative Seminary Inc legitimate?
Alternative Seminary Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alternative 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Alternative Seminary Inc?
Alternative Seminary Inc's mission is centered around training leaders with a focus on influencing society for Christ. They employ biblically grounded education, ensuring it remains relevant and offers practical standards for leadership development. The institution's primary goal is to equip individuals with the necessary skills to shape the culture according to Christian values.
Who is the CEO of Alternative Seminary Inc?
Rozario Slack is the Treasurer of Alternative Seminary Inc.
What is the revenue of Alternative Seminary Inc?
Alternative Seminary Inc's revenue in 2022 was $196,000.
Who are the executives of Alternative Seminary Inc and what are their salaries?
There are 2 employees at Alternative Seminary Inc.
Here are 6 key members and their salaries:
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- Compensation: $7,680
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- Other: $0
Where can I find the form 990 for Alternative Seminary Inc?
Alternative Seminary Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alternative Seminary Inc
Alternative Seminary Inc, a nonprofit organization, is devoted to the mission of preparing leaders who can shape society in accordance with Christian values. Their educational approach is grounded in biblical principles, ensuring that the knowledge and skills acquired are both sound and practically applicable for leadership development. The organization's primary objective is to equip individuals with the necessary tools to influence culture for Christ.
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Impact
October, 2024
Alternative Seminary Inc plays a significant role in shaping leaders who are equipped to influence society through a Christian perspective. By providing biblically sound education that emphasizes relevance and practical standards, the seminary trains individuals to navigate cultural challenges and impact their communities positively.
Located in Chattanooga, TN, the institution focuses on developing leaders who can effectively address contemporary issues while remaining grounded in their faith. This training empowers individuals to take on various roles within their communities, contributing to the spiritual and moral fabric of society. The emphasis on leadership development ensures that graduates not only possess theological knowledge but also the skills necessary to implement their beliefs in real-world situations, fostering a culture that aligns with Christian values.
Through its mission, Alternative Seminary Inc encourages its leaders to be active participants in their communities, promoting a transformative impact that resonates beyond the walls of the institution and into the broader culture.
This information is meant to be a general summary of Alternative 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.
- Gross Receipts: $196,000
Assets and Liabilities:
- Total Assets: $120,472
- Total Liabilities: $110,368
- Net Assets: $10,104
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Organization Details
Principal Officer
Rozario Slack
Main Address
P O Box 8935, CHATTANOOGA, TN, 37414
NTEE Category
Code: X20 - Religion related
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