Overview
What is Southern Evangelical Seminary?
The Southern Evangelical Seminary is a nonprofit organization that offers graduate degree programs, primarily focused on equipping Christians for evangelism and apologetics. Their mission lies within the realm of education, specifically in the context of a seminary setting. The Seminary's purpose is to provide a platform for the comprehensive training of individuals, enabling them to effectively spread the Christian faith and defend its principles.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Southern Evangelical Seminary has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. This rating is based exclusively on their accountability practices, where they scored highly in several key areas, including a fully independent board and comprehensive financial oversight measures.
The organization demonstrates a commitment to transparency with 90% of its board members being independent, ensuring that decisions are made without conflicts of interest. Additionally, their financial health is solid, as indicated by a low liabilities-to-assets ratio of 0.23%. The presence of policies for whistleblower protection and conflict of interest contributes to a robust governance structure.
However, while the program expense ratio is relatively strong at 65.89%, it could be improved to enhance the percentage of funds directly allocated to program services versus administrative costs. Overall, Southern Evangelical Seminary shows commendable accountability practices but has room for growth in efficiency regarding program funding.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Evangelical Seminary legitimate?
Southern Evangelical Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Evangelical 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,305,014
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What is the mission statement of Southern Evangelical Seminary?
The Southern Evangelical Seminary is dedicated to providing graduate degree programs with the primary objective of educating and training Christians in the fields of evangelism and apologetics. Its mission is centered around fostering individuals who can effectively spread the Christian faith and defend its beliefs. The seminary aims to equip its students with the necessary knowledge and skills to make a significant impact in their respective communities and beyond.
Who is the CEO of Southern Evangelical Seminary?
Phil Ginn is the Director of Southern Evangelical Seminary.
What is the revenue of Southern Evangelical Seminary?
Southern Evangelical Seminary's revenue in 2023 was $1,993,291.
Who are the executives of Southern Evangelical Seminary and what are their salaries?
The average compensation at Southern Evangelical Seminary during 2023 was $52,201. There are 25 employees and 9 volunteers at Southern Evangelical Seminary.
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Where can I find the form 990 for Southern Evangelical Seminary?
Southern Evangelical Seminary's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Southern Evangelical Seminary
Southern Evangelical Seminary, a nonprofit institution, is dedicated to providing graduate degree programs with a focus on training individuals in the fields of evangelism and apologetics. Their mission is centered around education, aiming to equip Christians with the necessary skills and knowledge to spread their beliefs and defend them against criticism. This seminary serves as a hub for individuals seeking to deepen their spiritual understanding and enhance their ability to spread the word of their faith.
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Impact
July, 2024
Southern Evangelical Seminary's impact can be seen in the training of Christians for evangelism and apologetics through its graduate degree programs. It equips individuals with the knowledge and skills needed to effectively share and defend the Christian faith. This not only strengthens the faith of students but also enables them to engage with others in a meaningful and informed way. The seminary's focus on education in these areas contributes to a more knowledgeable and articulate Christian community, helping to spread the message of Christianity in a thoughtful and impactful manner.
This information is meant to be a general summary of Southern Evangelical 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 2023.
- Investment Income: $500,771
- Program Service Revenue: $969,867
- Gross Receipts: $5,831,525
Assets and Liabilities:
- Total Assets: $4,679,795
- Total Liabilities: $10,841
- Net Assets: $4,668,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$949,327
CONFERENCES
Revenue
$7,309
OTHER
Revenue
$8,989
BOOKSTORE
Revenue
$4,242
Organization Details
Founding Year
1992
Phone
(704) 847-5600Principal Officer
Phil Ginn
Main Address
15009 LANCASTER HIGHWAY, CHARLOTTE, NC, 28277
NTEE Category
Code: B50 - Education
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