Overview
What is City Seminary Of Sacramento?
City Seminary of Sacramento is a nonprofit institution situated in Sacramento, California, specifically at 2020 Sixteenth Avenue. Their primary focus is to offer theological education, both in-person and online, for individuals aspiring to join the ministry. The seminary is dedicated to serving underprivileged and disadvantaged communities, providing tuition-free education to a majority of its students, who predominantly come from minority backgrounds. In the latest trimester, 38 students were enrolled, including 20 at the master's level. The seminary currently employs a team of five individuals, upholding its mission to empower individuals who wish to engage in ministry.
Official website here: www.cityseminary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
City Seminary of Sacramento has earned a Three-Star rating from Charity Navigator, reflecting a solid performance primarily in accountability and finance. The score is influenced by several factors, including a perfect score for having an entirely independent board and no material diversion of assets. With a program expense ratio of 77.06%, the organization allocates a substantial portion of its resources to its mission-driven programs.
While the organization shows strengths in governance and financial management, it also faces limitations. Notably, it lacks several key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, each contributing to lower scores in those areas. These missing policies could raise concerns about transparency and accountability, which are critical for donor confidence.
Overall, City Seminary of Sacramento demonstrates a commitment to responsible financial practices and effective program spending, but addressing its governance policies would enhance its overall accountability and possibly improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is City Seminary Of Sacramento legitimate?
City Seminary Of Sacramento is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Seminary Of Sacramento 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: $76,303
For more financial information, click here
Official website here: www.cityseminary.org
What is the mission statement of City Seminary Of Sacramento?
City Seminary of Sacramento's mission is to provide theological education, catering to individuals from underserved and disadvantaged communities who aspire to enter the ministry. The seminary offers debt-free theological training, both in-person and online, with a focus on serving a diverse student body. In the most recent trimester, there were 38 students enrolled, including 20 at the master's level. Notably, a majority of these students hail from minority backgrounds, benefiting from tuition-free education.
Official website here: www.cityseminary.org
Who is the CEO of City Seminary Of Sacramento?
Tom Lagomarsino is the President of City Seminary Of Sacramento.
Official website here: www.cityseminary.org
What is the revenue of City Seminary Of Sacramento?
City Seminary Of Sacramento's revenue in 2022 was $479,791.
Official website here: www.cityseminary.org
Who are the executives of City Seminary Of Sacramento and what are their salaries?
The average compensation at City Seminary Of Sacramento during 2022 was $15,261. There are 5 employees and 5 volunteers at City Seminary Of Sacramento.
Here are 5 key members and their salaries:
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Official website here: www.cityseminary.org
Where can I find the form 990 for City Seminary Of Sacramento?
City Seminary Of Sacramento's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cityseminary.org
Learn more at the official website: www.cityseminary.org
Mission Statement of City Seminary Of Sacramento
City Seminary of Sacramento is committed to providing theological education to individuals from underserved and disadvantaged communities who aspire to enter the ministry. This nonprofit organization offers debt-free theological training, both in person and online, with a focus on making education accessible to those who might otherwise be unable to afford it. In the most recent trimester, 38 students enrolled in the seminary, with 20 of them pursuing studies at the master's level. Notably, the majority of the students come from minority backgrounds, and they all benefit from tuition-free education. City Seminary of Sacramento's mission is to equip and empower these future ministers with theological knowledge, preparing them to serve their communities and make a positive impact in people's lives.
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Impact
July, 2024
City Seminary of Sacramento has a significant impact by providing classroom and online theological education to individuals preparing to enter the ministry. This debt-free theological training is offered in both in-person and virtual settings, with 38 students enrolled in the most recent trimester, including 20 at the master's level. The majority of students come from minority backgrounds and receive tuition-free education, underscoring the institution's commitment to serving underserved and disadvantaged communities. Through its mission to provide theological education to those aspiring to enter the ministry, City Seminary of Sacramento plays a vital role in empowering individuals and communities to pursue their spiritual calling.
This information is meant to be a general summary of City Seminary Of Sacramento. 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.
- Investment Income: $2,733
- Program Service Revenue: $2,094
- Gross Receipts: $479,791
Assets and Liabilities:
- Total Assets: $665,264
- Total Liabilities: $0
- Net Assets: $665,264
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$2,094
Organization Details
Founding Year
2021
Phone
(916) 473-4298Principal Officer
Tom Lagomarsino
Main Address
2020 SIXTEENTH AVE, SACRAMENTO, CA, 95822
Website
www.cityseminary.orgNTEE Category
Code: B40 - Education
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