China Graduate School Of Theology Inc
- Assets
- $4.9m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 1
- Location
- Mountain View, CA
- Founding
- 06/1970
- Data as of
- 12/2021
- EIN
- 23-7065664
Organization Overview
China Graduate School Of Theology Inc is located in Mountain View, CA. The organization was established in 1970. 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. China Graduate School Of Theology Inc 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 12/2021, China Graduate School Of Theology Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 10.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING THE CHINA GRADUATE SCHOOL OF THEOLOGY FOR THE VISION TO BUILD UP CHINESE CHURCHES TO FACE UNPRECEDENTED CHALLENGES AND OPPORTUNITIES FOR CHURCH GROWTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT TO THE CHINA GRADUATE SCHOOL OF THEOLOGY - HONG KONG INCLUDING OPERATIONAL NEEDS OF THE SCHOOL AND IT'S ONGOING DEVELOPMENT & TRAINING, FACULTY SUPPORT AND PREPARATION.
SCHOLARSHIPS - SUPPORTS STUDENTS AND CHURCH LEADERS FROM MAINLAND CHINA WHO HAVE ENROLLED IN FULL TIME RESIDENCE PROGRAMS AND INTENSIVE PUTONGHUA THEOLOGICAL TRAINING PROGRAMS AS WELL AS FINANCIAL NEEDS OF LOCAL HONG KONG STUDENTS WHO HAVE ENROLLED AS FULL TIME STUDENTS.
SUPPORT "WORD OF LIFE" BIBLE STUDY PROJECT TO DEVELOP RESOURCES AND IMPLEMENTS THE STUDY OF THE WORD OF GOD SYSTEMATICALLY FOR HONG KONG AND OVERSEAS CHINESE CHURCHES IN THE USA, CANADA, AND AUSTRALIA. BIBLE EXPOSITION & FREE OF CHARGE WORD OF LIFE CLASSES TO TEACH CHRISTIANS TO READ AND UNDERSTAND THE BIBLE. DUE TO THE COVID-19 PANDEMIC, THE WORD OF LIFE HAS RESUMED WITH LIMITED CLASS OFFERINGS IN THE FALL SESSION FOR SEVEN SITES, ALSO, WOL HAS BEEN DELIVERING ONLINE COURSES IN BOTH CANTONESE AND MANDARIN CALLED "WALKING TOGETHER DURING THE PANDEMIC." IN ADDITION, MANY REGULAR ON-SITE BIBLE CLASSES WERE OFFERED IN AN ONLINE FORMAT. MEANWHILE, A MOBILE APP FOR WOL WAS DEVELOPED TO EASE STUDENT REGISTRATION AND CLASS RESOURCE ACCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Woo Chairman | OfficerTrustee | 10 | $0 |
Jackson Leung Vice Chairmain | OfficerTrustee | 1.5 | $0 |
Steven Ho Secretary | OfficerTrustee | 1.5 | $0 |
Tony Yip Director Of Operation | OfficerTrustee | 10 | $0 |
Thomas Tse Assist Treasurer | OfficerTrustee | 1.5 | $0 |
Christiopher Li Promotion Chair | OfficerTrustee | 1.5 | $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 | $2,575,529 |
| Noncash contributions included in lines 1a–1f | $291,992 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,575,529 |
| Total Program Service Revenue | $0 |
| Investment income | $56,133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $84,700 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,716,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,051,250 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,391 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,281 |
| Payroll taxes | $3,037 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,435 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,988 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,330 |
| Office expenses | $5,418 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,119 |
| Travel | $1,510 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $758 |
| Insurance | $3,947 |
| All other expenses | $0 |
| Total functional expenses | $1,186,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,082 |
| Savings and temporary cash investments | $237,792 |
| Pledges and grants receivable | $0 |
| 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 | $1,656 |
| Investments—publicly traded securities | $4,459,733 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $700 |
| Total assets | $4,912,963 |
| Accounts payable and accrued expenses | $0 |
| 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 | $562 |
| Total liabilities | $562 |
| Net assets without donor restrictions | $4,912,401 |
| 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 | $4,912,963 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that China Graduate School Of Theology Inc has recieved totaling $121,920.
| Awarding Organization | Amount |
|---|---|
Christopher And Constance Li Charitable Foundation Inc Potomac, MD PURPOSE: UNRESTRICTED | $90,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $31,420 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saybrook University Pasadena, CA | $17,039,418 | $21,644,889 |
Southwest College Of Naturopathic Medicine And Health Science Inc Tempe, AZ | $29,642,803 | $19,296,647 |
Multnomah University Portland, OR | $31,830,186 | $15,256,009 |
Wright Institute Berkeley, CA | $28,173,670 | $16,770,770 |
Palmer College Of Chiropratic- West San Jose, CA | $12,919,049 | $13,430,875 |
Graduate Theological Union Berkeley, CA | $72,481,680 | $8,414,680 |
Southern California School Of Theology Claremont, CA | $39,669,399 | $12,715,651 |
Claremont Lincoln University Claremont, CA | $35,321,244 | $4,692,633 |
High Tech High Graduate School Of Education San Diego, CA | $6,848,992 | $9,753,054 |
Pacific School Of Religion Berkeley, CA | $44,761,600 | $8,910,467 |
Phoenix Seminary Inc Scottsdale, AZ | $3,442,651 | $6,984,863 |
Logos Evangelical Seminary El Monte, CA | $24,241,884 | $7,684,806 |