Theological Education Initiative
- Assets
- $83.3k
- Revenue
- $105.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, MO
- Founding
- 06/2014
- Data as of
- 06/2022
- EIN
- 36-4747575
Organization Overview
Theological Education Initiative is located in Columbia, MO. The organization was established in 2014. 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. Theological Education Initiative 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, Theological Education Initiative generated $105.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $92.5k during the year ending 06/2022. While expenses have increased by 8.6% 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
TO EQUIP CURRENT AND POTENTIAL CHRUCH LEADERS WITH THEOLOGICAL, PHILOSOPHICAL AND PRACTICAL TOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EQUIP CURRENT AND POTENTIAL CHRUCH LEADERS WITH THEOLOGICAL, PHILOSOPHICAL AND PRACTICAL TOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Miller Brown Sec | Officer | 1 | $0 |
Joe Crozier VP | Officer | 1 | $0 |
Rodney L Casey Chairmand And Ed | Officer | 40 | $0 |
Marilee Bomar Treasurer | Officer | 1 | $0 |
Beth Bramstedt President | Officer | 1 | $0 |
John Gillman Board Member | Trustee | 1 | $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 | $104,922 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,922 |
| Total Program Service Revenue | $0 |
| Investment income | $63 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $104,985 |
| 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 | $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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11 |
| Fees for services: Accounting | $301 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,234 |
| Office expenses | $1,828 |
| Information technology | $350 |
| Royalties | $0 |
| Occupancy | $19,593 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,239 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,891 |
| Insurance | $855 |
| All other expenses | $29,869 |
| Total functional expenses | $92,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,325 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $83,325 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $83,325 |
| 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 | $83,325 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Theological Education Initiative has recieved totaling $30.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Resourcing Christian Education International Nfp Wheaton, IL | $4,529,324 | $9,552,178 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
Mission Eurasia Wheaton, IL | $4,079,309 | $7,777,222 |
Love Worth Finding Ministries Inc Memphis, TN | $3,628,719 | $7,504,607 |
Christian Motorcyclists Assn Inc Hatfield, AR | $5,956,243 | $7,886,367 |
G O Ministries Inc Louisville, KY | $3,216,170 | $6,018,777 |
Lutheran Bible Translators Inc Concordia, MO | $15,904,913 | $8,793,746 |
New Life Ranch Inc Colcord, OK | $22,344,755 | $6,024,517 |
Bfp International Inc Tulsa, OK | $1,723,620 | $6,364,406 |
Refugeeone Chicago, IL | $12,176,477 | $10,528,802 |
China Harvest Inc Wichita, KS | $5,105,499 | $5,918,919 |
Kids Across America Branson, MO | $15,902,662 | $5,474,356 |