Foundation For Clinical Pastoral Education Inc
- Assets
- $5.7m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Decatur, GA
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 26-1670950
Organization Overview
Foundation For Clinical Pastoral Education Inc is located in Decatur, GA. The organization was established in 2008. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Clinical Pastoral Education 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, Foundation For Clinical Pastoral Education Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $175.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Foundation For Clinical Pastoral Education Inc has awarded 25 individual grants totaling $283,453. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE EXPERIENCE-BASED THEOLOGICAL EDUCATION FOR SEMINARIANS,CLERGY, AND LAY PERSONS OF DIVERSE CULTURES, ETHINIC GROUPS AND FAITH TRADITIONS BY SUPPORTING AND BENEFITING THE ASSOCIATION FOR CLINICAL PASTORAL EDUCATION, INC (THE "ASSOCIATION") A GEORGIA CORPORATION,WHICH IS TAX-EXEMPT UNDER 501(C)3 OF THE INTERNAL REVENUE CODE. TO ASSIST THE ASSOCIATION IN FURTHERANCE AF ITS CORPORATE PURPOSES BY CONDUCTING FUNDRAISING ACTIVITIES, MAINTAINING AN ENDOWMENT, AND GRANTING FUNDS AND BY SUCH OTHER MEANS AS FROM TIME TO TIME ARE DETERMINED TO BE APPROPRIATE IN SUPPORTING AND BENEFITING THE ASSOCIATION AND TO ENGAGE IN ANY AND ALL OTHER LAWFUL ACTIVITIES INCIDENTAL TO AND IN PURSUIT OF THE FOREGOING PURPOSES, EXCEPT AS RESTRICTED HEREIN.
Describe the Organization's Program Activity:
PROVIDED SUPPORT AND BENEFIT FOR THE ASSOCIATION OF CLINICAL PASTORAL EDUCATION AND ADVANCE EXPERIENCE-BASED THEOLOGICAL EDUCATION FOR SEMINARIANS, CLERGY, AND LAY PERSONS OF DIVERSE CULTURES, ETHNIC GROUPS, AND FAITH TRADITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Maggie Kulyk Treasurer/secretary | OfficerTrustee | 2 | $0 |
The Rev Dr Dagmar Grefe Chair | OfficerTrustee | 1 | $0 |
The Rev Dr Biju Chacko Chair-Elect | OfficerTrustee | 2 | $0 |
The Rev Dr Richard Haythorn III Ceo/ex Director | Officer | 2 | $0 |
Ms Jasmine Terry Okafor Development Specialist | Officer | 30 | $0 |
Ms Terry Izaguirre CFO | Officer | 2 | $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 | $78,904 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,904 |
| Total Program Service Revenue | $0 |
| Investment income | $205,383 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $947,446 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,231,733 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,000 |
| Grants and other assistance to domestic individuals. | $7,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $79,681 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $7,414 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,578 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,127 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,295 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,000 |
| All other expenses | $0 |
| Total functional expenses | $175,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,906 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $5,384,287 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,675,193 |
| Accounts payable and accrued expenses | $2,000 |
| 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 | $116,501 |
| Total liabilities | $118,501 |
| Net assets without donor restrictions | $3,900,711 |
| Net assets with donor restrictions | $1,655,981 |
| 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 | $5,675,193 |
Grants Awarded
Over the last fiscal year, Foundation For Clinical Pastoral Education Inc has awarded $23,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Phoenix, AZ PURPOSE: INNOVATIVE PROG AWARD - SPANISH BILINGUAL CPE | $15,000 |
MORNINGSKY LEADERSHIP INITIATIVE PURPOSE: MAP AWARD NATIVE AMERICAN PC/SIP GATHERING | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Clinical Pastoral Education Inc has recieved totaling $32.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Endowment Analysis
| Beg. Balance | $4,313,651 |
| Ending Balance | $4,313,651 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
Cross International Inc Pompano Beach, FL | $1,626,437 | $52,631,066 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
Ligonier Ministries Inc Sanford, FL | $54,142,799 | $25,858,613 |
Ravi Zacharias International Ministries Norcross, GA | $12,439,416 | $25,742,588 |
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Insideout Community Ministries Inc Clearwater, FL | $52,422,753 | $11,970,498 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Paramount Church Inc Palm Beach, FL | $0 | $8,970,572 |