Berkeley Divinity School
- Assets
- $75.1m
- Revenue
- $5.8m
- Investments
- $61.3m
- Employees
- 0
- Location
- New Haven, CT
- Founding
- 06/1942
- Data as of
- 06/2023
- EIN
- 06-1013935
Organization Overview
Berkeley Divinity School is located in New Haven, CT. The organization was established in 1942. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berkeley Divinity School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Berkeley Divinity School generated $5.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $3.3m during the year ending 06/2023. While expenses have increased by 2.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PREPARE STUDENTS FOR ORDINATION AS CLERGY, OR TO SERVE AS LAY LEADERS IN THE EPISCOPAL CHURCH AND ANGLICAN COMMUNION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS IN SUPPORT OF PREPARING STUDENTS FOR THE SACRED MINISTRY IN THE EPISCOPAL CHURCH AND ANGLICAN COMMUNION. THIRTY-NINE STUDENTS WERE ENROLLED IN THE CURRENT YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donyelle Mccray Trustee | Trustee | 0.25 | $0 |
Gary Jones Trustee | Trustee | 0.25 | $0 |
Heather Tookes Trustee | Trustee | 0.25 | $0 |
Charles Royce Vice Chair | OfficerTrustee | 0.5 | $0 |
Caroline Williamson Trustee | Trustee | 0.25 | $0 |
The Rt Rev Jeffrey Mello Trustee | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,949,305 |
| Noncash contributions included in lines 1a–1f | $86,884 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,949,305 |
| Total Program Service Revenue | $31,631 |
| Investment income | $2,855,980 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,836,916 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $980,775 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $201,500 |
| Compensation of current officers, directors, key employees. | $96,720 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $720,667 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $206,927 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $48,076 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $92,964 |
| Travel | $84,458 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,531 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,100 |
| Insurance | $43,788 |
| All other expenses | $41,701 |
| Total functional expenses | $3,347,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,567,166 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $299,057 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $61,342,758 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,907,142 |
| Total assets | $75,116,123 |
| Accounts payable and accrued expenses | $3,846 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,846 |
| Net assets without donor restrictions | $11,155,462 |
| Net assets with donor restrictions | $63,956,815 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $75,116,123 |