Winebrenner Theological Seminary
- Assets
- $3.7m
- Revenue
- $2.2m
- Investments
- $460.4k
- Employees
- 21
- Location
- Findlay, OH
- Founding
- 01/1972
- Data as of
- 06/2021
- EIN
- 34-0877803
Organization Overview
Winebrenner Theological Seminary is located in Findlay, OH. The organization was established in 1972. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Winebrenner Theological Seminary employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winebrenner 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 06/2021, Winebrenner Theological Seminary generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. 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
WINEBRENNER THEOLOGICAL SEMINARY EQUIPS LEADERS FOR SERVICE IN GOD'S KINGDOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION FOR VOCATIONS IN THE CHURCH: THE ORGANIZATION IS RESPONSIBLE FOR THE CONTINUING EDUCATION OF PASTORS AS WELL AS PREPARING STUDENTS FOR THEIR DEGREES IN THEOLOGY.
EDUCATION FOR VOCATIONS IN THE CHURCH: THE ORGANIZATION IS RESPONSIBLE FOR THE CONTINUING EDUCATION OF PASTORS AS WELL AS PREPARING STUDENTS FOR THEIR DEGREES IN THEOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Brent Sleasman President | Officer | 40 | $59,591 |
Thomas D Weaver Director Of Finance | Officer | 40 | $56,765 |
Pastor J Lance Finley Secretary/treasurer | OfficerTrustee | 2 | $0 |
Pastor Phillip J Scott Vice Chairperson | OfficerTrustee | 2 | $0 |
Dr James D Allen Trustee | Trustee | 1 | $0 |
Dr Craig Cramer Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $683,315 |
| All other contributions, gifts, grants, and similar amounts not included above | $591,692 |
| Noncash contributions included in lines 1a–1f | $23,921 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,275,007 |
| Total Program Service Revenue | $799,963 |
| Investment income | $36,419 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $101,315 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,219,718 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $543,133 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $174,872 |
| Compensation of current officers, directors, key employees. | $33,099 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $537,788 |
| Pension plan accruals and contributions | $23,356 |
| Other employee benefits | $80,595 |
| Payroll taxes | $35,970 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68 |
| Fees for services: Accounting | $16,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $182,618 |
| Advertising and promotion | $6,967 |
| Office expenses | $31,279 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,098 |
| Travel | $259 |
| 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 | $6,294 |
| Insurance | $26,987 |
| All other expenses | $7,498 |
| Total functional expenses | $1,758,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,852 |
| Savings and temporary cash investments | $700,754 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $34,291 |
| 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 | $4,179 |
| Net Land, buildings, and equipment | $53,137 |
| Investments—publicly traded securities | $2,342,904 |
| Investments—other securities | $460,440 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,677,557 |
| Accounts payable and accrued expenses | $57,508 |
| 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 | $0 |
| Total liabilities | $57,508 |
| Net assets without donor restrictions | $1,488,144 |
| Net assets with donor restrictions | $2,131,905 |
| 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 | $3,677,557 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Winebrenner Theological Seminary has recieved totaling $39,870.
| Awarding Organization | Amount |
|---|---|
Toledo Community Foundation Toledo, OH PURPOSE: GENERAL SUPPORT | $24,870 |
The Findlay-Hancock County Community Foundation Findlay, OH PURPOSE: SUPPORT | $15,000 |
Endowment Analysis
| Beg. Balance | $2,172,606 |
| Earnings | $459,183 |
| Net Contributions | $13,806 |
| Ending Balance | $2,645,595 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clark Summit University Clarks Summit, PA | $12,253,431 | $11,847,715 |
Rosedale Technical College Pittsburgh, PA | $9,955,350 | $10,972,229 |
West Virginia School Of Osteopathic Medicine Clinic Inc Lewisburg, WV | $1,527,498 | $9,302,119 |
Good Samaritan College Of Nursing And Health Science Cincinnati, OH | $6,845,010 | $5,407,521 |
Methodist Theological School In Ohio Delaware, OH | $73,405,314 | $12,096,173 |
Aileron Corp Tipp City, OH | $4,807,559 | $7,299,167 |
Michigan School Of Psychology Farmington Hills, MI | $11,594,534 | $6,562,014 |
The Society Of Clinical Research Associates Inc Chalfont, PA | $7,003,464 | $3,132,079 |
Won Institute Of Graduate Studies Warminster, PA | $6,894,585 | $5,281,852 |
Kentucky College Of Art And Design Inc Louisville, KY | $5,558,325 | $2,801,398 |
Pittsburgh Institute Of Mortuary Science Inc Pittsburgh, PA | $22,570,487 | $5,621,121 |
Winebrenner Theological Seminary Findlay, OH | $3,677,557 | $2,219,718 |