Christian Education Activities Corp
- Assets
- $6.0m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 38
- Location
- Corpus Christi, TX
- Founding
- 10/1980
- Data as of
- 06/2022
- EIN
- 23-7367217
Organization Overview
Christian Education Activities Corp, operating under the name Stark College & Seminary Studies, is located in Corpus Christi, TX. The organization was established in 1980. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Stark College & Seminary Studies employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stark College & Seminary Studies 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 06/2022, Stark College & Seminary Studies generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $2.9m during the year ending 06/2022. While expenses have increased by 13.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EQUIP EDUCATIONALLY UNDER-SERVED FOLLOWERS OF CHRIST FOR SERVICE IN THE CHURCH AND COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
STARK COLLEGE AND SEMINARY (SCS) IS AN ACCREDITED BAPTIST COLLEGE THAT EXISTS TO EQUIP EDUCATIONALLY UNDER-SERVED FOLLOWERS OF CHRIST FOR SERVICE IN THE CHURCH AND COMMUNITY. WE DEFINE THE EDUCATIONALLY UNDERSERVED AS THOSE STUDENTS WHO TYPICALLY HAVE NOT HAD THE WILL OR THE WAY TO PURSUE THEOLOGICAL EDUCATION DUE TO THEIR AGE, GENDER, ETHNICITY, FINANCES, AND BUREAUCRATIC HURDLES THAT MARGINALIZE THESE PARTICULAR STUDENTS. THE COLLEGE DEVELOPED PROGRAMS INTENDED TO PREPARE MINISTRY LEADERS TO EFFECTIVELY WITNESS, PLANT CHURCHES, DISCIPLE, AND ASSIST IN CHURCH GROWTH. MANY STUDENTS ENROLLED AT SCS ARE EITHER PRESENTLY SERVING IN MINISTRY OR PREPARING TO SERVE IN MINISTRY. IN FACT, 50% OF SCS STUDENTS ARE IN A VOLUNTEER MINISTRY POSITION, 25% ARE IN A PAID MINISTRY POSITION, AND 57% OF THOSE IN PAID POSITIONS ARE IN A FULL-TIME MINISTRY POSITION. SCS OFFERS FOUR PROGRAMS TO ACCOMPLISH ITS MISSION AND ENHANCE THE WORK OUR STUDENTS ARE ALREADY DOING IN THEIR MINISTRY SETTINGS: THE CERTIFICATE IN MINISTRY, THE DIPLOMA IN MINISTRY, THE BACHELOR IN MINISTRY, AND A MASTER OF ARTS IN MINISTRY. THE CERTIFICATE PROVIDES ENTRY-LEVEL PREPARATION FOR MINISTRY SERVICES. THE DIPLOMA IS A TWO-YEAR PROGRAM THAT BUILDS ON THE CERTIFICATE COURSES TO CONTINUE THE FORMATION OF THE MINISTRY STUDENT. THE BACHELOR DEGREE ADDRESS THE FORMATION OF THE CHRIST FOLLOWERS THROUGH BIBLICAL, THEOLOGICAL, AND PROFESSIONAL STUDIES. THE MASTER OF ARTS EQUIPS STUDENTS FOR FULL-TIME MINISTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member, Treasurer | OfficerTrustee | 0.5 | $0 |
Name Not Listed Board Member, Chair | OfficerTrustee | 0.5 | $0 |
Name Not Listed Board Member, Vice Chair | OfficerTrustee | 0.5 | $0 |
Name Not Listed Board Member, Secretary | OfficerTrustee | 0.5 | $0 |
Name Not Listed Board Member | Trustee | 0.5 | $0 |
Name Not Listed Chair, Development Committee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,635 |
| Related organizations | $197,058 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $872,024 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,090,717 |
| Total Program Service Revenue | $1,493,361 |
| Investment income | $3,471 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $35,252 |
| Net Gain/Loss on Asset Sales | $170,956 |
| Net Income from Fundraising Events | -$22,759 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,772,058 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,141,108 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $433,063 |
| Compensation of current officers, directors, key employees. | $112,308 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $627,780 |
| Pension plan accruals and contributions | $29,220 |
| Other employee benefits | $29,800 |
| Payroll taxes | $63,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,564 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,196 |
| Office expenses | $37,258 |
| Information technology | $24,563 |
| Royalties | $0 |
| Occupancy | $98,639 |
| Travel | $39,752 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,353 |
| Interest | $1,064 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $199,012 |
| Insurance | $51,806 |
| All other expenses | $0 |
| Total functional expenses | $2,889,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,223 |
| Savings and temporary cash investments | $65,827 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $167,841 |
| 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 | $28,193 |
| Net Land, buildings, and equipment | $1,775,169 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,912,590 |
| Total assets | $5,953,843 |
| Accounts payable and accrued expenses | $42,417 |
| Grants payable | $0 |
| Deferred revenue | $50,529 |
| 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 | $57,874 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $150,820 |
| Net assets without donor restrictions | $1,853,514 |
| Net assets with donor restrictions | $3,949,509 |
| 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 | $5,953,843 |
Grants Awarded
Over the last fiscal year, Christian Education Activities Corp has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BH CARROLL THEOLOGICAL INSTITUTE PURPOSE: Support the mission of the organization | $10,000 |
BAPTIST UNIVERSITY OF THE AMERICAS PURPOSE: Support the mission of the organization | $10,000 |