Latin American Theological Seminary is located in La Puente, CA. The organization was established in 2005. According to its NTEE Classification (B40) the organization is classified as: Higher Education, 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. Latin American Theological 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 03/2023, Latin American Theological Seminary generated $131.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $120.7k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TEACH THEOLOGY TO FUTURE MINISTERS AND TEACHERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rev Marty Harris President | 5 | $0 | |
Naomi Martinez Member | 1 | $0 | |
Dr Graciela Morales-Scott Secretary | 5 | $0 | |
Gabriela Alvarez CFO | 5 | $0 | |
Rev Emilio DE La Cruz Member | 5 | $0 | |
Rev Silvia Carrizo Member | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $131,155 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $131,155 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $107,035 |
Professional fees and other payments to independent contractors | $1,000 |
Occupancy, rent, utilities, and maintenance | $241 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,401 |
Total expenses | $120,677 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,599 |
Other assets | $0 |
Total assets | $33,176 |
Total liabilities | $0 |
Net assets or fund balances | $33,176 |