Overview
What is Faith Evangelical Lutheran Seminary Faith International University?
Faith Evangelical Lutheran Seminary Faith International University, located at 3504 North Pearl Street, Tacoma, WA 98407, is a nonprofit organization dedicated to providing undergraduate and graduate theological education and research. With a mission to glorify God, they equip Christian leaders with a biblical, theological, and practical education. This empowerment allows them to apply and proclaim the inerrant Word of God for worldwide Christian service. The institution employs a total of 42 individuals, contributing to the growth and development of theological knowledge and leadership.
Official website here: www.faithiu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Faith Evangelical Lutheran Seminary Faith International University has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and transparency. The organization notably has a strong governance framework, demonstrated by a fully independent board and well-established policies on conflicts of interest and whistleblowing. However, the overall financial score is low due to a concerning liabilities-to-assets ratio and a minimal program expense ratio.
The organization has maintained accountability in certain areas, such as having no reported material diversion of assets and ensuring that key documents are available, like board meeting minutes. Despite these strengths, the lack of a posted tax form on the nonprofit's website detracts from its transparency, which is essential for donor trust and public accountability.
Overall, while the governance practices at Faith Evangelical Lutheran Seminary Faith International University are commendable, the financial metrics suggest potential sustainability issues that may hinder its operations and impact. Donors and stakeholders may want to consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Faith Evangelical Lutheran Seminary Faith International University legitimate?
Faith Evangelical Lutheran Seminary Faith International University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith Evangelical Lutheran Seminary Faith International University 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: $350,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $933,540
For more financial information, click here
Official website here: www.faithiu.edu
What is the mission statement of Faith Evangelical Lutheran Seminary Faith International University?
Faith Evangelical Lutheran Seminary, affiliated with Faith International University, is dedicated to glorifying God by equipping Christian leaders. This is achieved through providing a comprehensive education that encompasses biblical, theological, and practical knowledge. The seminary empowers its students to apply and proclaim the inerrant Word of God, preparing them for worldwide Christian service. The institution offers undergraduate and graduate theological education and conducts research, catering to students based in the United States.
Official website here: www.faithiu.edu
Who is the CEO of Faith Evangelical Lutheran Seminary Faith International University?
Rev Dr Michael J Adams is the Vice Preside of Faith Evangelical Lutheran Seminary Faith International University.
Official website here: www.faithiu.edu
What is the revenue of Faith Evangelical Lutheran Seminary Faith International University?
Faith Evangelical Lutheran Seminary Faith International University's revenue in 2022 was $2,825,469.
Official website here: www.faithiu.edu
Who are the executives of Faith Evangelical Lutheran Seminary Faith International University and what are their salaries?
The average compensation at Faith Evangelical Lutheran Seminary Faith International University during 2022 was $30,565. There are 42 employees at Faith Evangelical Lutheran Seminary Faith International University.
Here are 11 key members and their salaries:
- Compensation: $121,000
- Related: $0
- Other: $0
- Compensation: $108,992
- Related: $0
- Other: $0
- Compensation: $75,200
- Related: $0
- Other: $0
- Compensation: $45,000
- 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.faithiu.edu
Where can I find the form 990 for Faith Evangelical Lutheran Seminary Faith International University?
Faith Evangelical Lutheran Seminary Faith International University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.faithiu.edu
Learn more at the official website: www.faithiu.edu
Mission Statement of Faith Evangelical Lutheran Seminary Faith International University
Faith Evangelical Lutheran Seminary Faith International University is committed to glorifying God by equipping Christian leaders with a comprehensive education. This institution, specializing in undergraduate and theological studies, strives to empower its students with a solid biblical, theological, and practical foundation. The ultimate goal is to prepare these individuals for worldwide Christian service, ensuring they can confidently apply and proclaim the inerrant Word of God. The seminary's mission is deeply rooted in the belief that education is a powerful tool for shaping and strengthening the Christian community, enabling its leaders to effectively serve and spread the faith.
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Impact
July, 2024
Faith Evangelical Lutheran Seminary Faith International University has a significant impact on equipping Christian leaders with a biblical, theological, and practical education. By providing undergraduate and graduate theological education and research, the institution empowers students in the United States to apply and proclaim the inerrant word of God for worldwide Christian service. This impact extends beyond academics to shape individuals who are prepared to lead and serve within the global Christian community.
This information is meant to be a general summary of Faith Evangelical Lutheran Seminary Faith International University. 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.
- Program Service Revenue: $1,849,207
- Gross Receipts: $2,825,469
Assets and Liabilities:
- Total Assets: $4,947,688
- Total Liabilities: $3,310,115
- Net Assets: $1,637,573
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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
$1,848,622
MISC. FEES AND CHARGES
Revenue
$585
Organization Details
Founding Year
1969
Phone
(888) 777-7675Principal Officer
Rev Dr Michael J Adams
Main Address
3504 NORTH PEARL STREET, TACOMA, WA, 984072607
Website
www.faithiu.eduNTEE Category
Code: B30Z - Education
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