America Chinese Evangelical Seminary
- Assets
- $3.2m
- Revenue
- $345.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 07/2006
- Data as of
- 12/2022
- EIN
- 13-4304343
Organization Overview
America Chinese Evangelical Seminary is located in Sunnyvale, CA. The organization was established in 2006. 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. America Chinese Evangelical Seminary 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 12/2022, America Chinese Evangelical Seminary generated $345.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $309.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISH AND BUILD UP SEMINARY TRAINING CENTER; MOBILIZE CHRISTIANS LOCAL AND OVERSEAS TO DO MISSION; NURTURE BELIEVERS TOWARD SPIRITUAL MATURITY AND TRAIN PEOPLE TO DO PASTORAL AND MISSION MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISH AND BUILD UP SEMINARY TRAINING CENTER; MOBILIZED OVERSEAS CHRISTIAN TO DO MISSION; NURTURE BELIEVERS TOWARD SPIRITUAL MATURITY AND TRAIN PEOPLE TO DO PASTORAL AND MISSIONARY MINISTRIES.
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 |
|---|---|---|---|
Engao Qin Academic Dean | Officer | 32 | $37,200 |
Emmanuel Hung President And Vice President | Officer | 60 | $27,740 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $200 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,606 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,806 |
| Total Program Service Revenue | $214,558 |
| Investment income | $0 |
| 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 | $345,364 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,938 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,940 |
| Compensation of current officers, directors, key employees. | $26,940 |
| Compensation to disqualified persons | $90,802 |
| Other salaries and wages | $34,647 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,586 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $22,301 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,955 |
| Travel | $24,548 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,199 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $863 |
| All other expenses | $0 |
| Total functional expenses | $309,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,022 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$68,328 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,500 |
| Inventories for sale or use | $4,539 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,017,394 |
| Investments—publicly traded securities | $226,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,196 |
| Total assets | $3,223,323 |
| Accounts payable and accrued expenses | -$14,171 |
| 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 | $1,542,284 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $51,566 |
| Total liabilities | $1,579,679 |
| Net assets without donor restrictions | $1,643,644 |
| Net assets with donor restrictions | $0 |
| 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 | $3,223,323 |