Overview
What is International Theological Seminary?
The International Theological Seminary, located in West Covina, California, is a nonprofit institution dedicated to educating and preparing individuals for Christian ministry and personal growth. Established with a strong evangelical conviction, the seminary emphasizes the importance of the Bible, viewing it as the infallible and inspired word of God. By offering theological courses, it serves as a hub for studying theology and ministry, equipping individuals to serve effectively in their respective fields. With a team of 14 devoted professionals, the seminary fosters a supportive environment for personal and spiritual growth.
Official website here: www.itsla.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 31% (Zero-Star out of Four Star rating)
International Theological Seminary has received a low rating of 31%, reflecting significant concerns regarding its financial accountability and transparency. The organization scored well in board independence, with all board members being independent, but it faced severe deficiencies in documenting and sharing its financial statements and meeting minutes, which contributed to its overall score.
While the presence of a fully independent board is a positive aspect, the lack of essential policies like conflict of interest and whistleblower protections indicates potential governance weaknesses. Additionally, the absence of financial statements and low program expense ratio suggests that the organization may not be effectively utilizing its resources for its intended charitable purposes.
Overall, the organization has strengths in governance but falls short in financial transparency and accountability, which are critical for donor confidence. Without improvements in these areas, it may struggle to attract funding and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is International Theological Seminary legitimate?
International Theological Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Theological 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: $25,383
Professional Fundraising Fees: $0
Other Salaries and Wages: $337,939
For more financial information, click here
Official website here: www.itsla.edu
What is the mission statement of International Theological Seminary?
The International Theological Seminary serves as a hub for the exploration of theology and ministry, adhering to an evangelical perspective. This is primarily founded on the belief in the infallible and inspired Word of God as presented in the Bible. The seminary's primary objective is to educate and train individuals in theological studies, preparing them for service in Christian ministry and life. It seeks to provide a comprehensive and Bible-centered learning environment, fostering the growth of future leaders in the religious field.
Official website here: www.itsla.edu
Who is the CEO of International Theological Seminary?
James S Lee is the President of International Theological Seminary.
Official website here: www.itsla.edu
What is the revenue of International Theological Seminary?
International Theological Seminary's revenue in 2022 was $2,412,398.
Official website here: www.itsla.edu
Who are the executives of International Theological Seminary and what are their salaries?
The average compensation at International Theological Seminary during 2022 was $25,952. There are 14 employees at International Theological Seminary.
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.itsla.edu
Where can I find the form 990 for International Theological Seminary?
International Theological Seminary's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.itsla.edu
Learn more at the official website: www.itsla.edu
Mission Statement of International Theological Seminary
The International Theological Seminary serves as a hub for the exploration and understanding of theology and ministry, holding a firm belief in the infallible and inerrant Bible as the inspired word of God. Its primary mission is to educate and equip individuals for service in Christian ministry and life, adhering to an evangelical perspective. The seminary focuses on providing comprehensive theological courses to cultivate knowledge and skills necessary for contributing to the Christian community.
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Impact
July, 2024
International Theological Seminary plays a crucial role in equipping individuals with theological education and training for Christian ministry and life. By offering courses rooted in evangelical persuasion and the infallible word of God, the seminary empowers students to serve effectively in various capacities within the church and beyond. Its impact can be seen in the lives transformed, communities reached, and ministries enriched by those who have graduated from this institution. Through its commitment to theological education, International Theological Seminary contributes to the growth and development of individuals and organizations dedicated to spreading the teachings of the Bible and advancing the Kingdom of God.
This information is meant to be a general summary of International Theological 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 2022.
- Investment Income: $2,307
- Program Service Revenue: $745,718
- Gross Receipts: $2,412,398
Assets and Liabilities:
- Total Assets: $2,691,097
- Total Liabilities: $1,315,576
- Net Assets: $1,375,521
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dormitory Fees
Revenue
$22,500
Fees
Revenue
$28,767
Tuition
Revenue
$694,451
Organization Details
Founding Year
1986
Phone
(626) 448-0023Principal Officer
James S Lee
Main Address
540 E Vine Ave, West Covina, CA, 91790
Website
www.itsla.eduNTEE Category
Code: B50 - Education
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