Adult Christian Education Foundation Inc
- Assets
- $324.0k
- Revenue
- $130.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Madison, WI
- Founding
- 06/1962
- Data as of
- 09/2021
- EIN
- 39-6075329
Organization Overview
Adult Christian Education Foundation Inc is located in Madison, WI. The organization was established in 1962. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 09/2021, Adult Christian Education Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adult Christian Education Foundation 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 09/2021, Adult Christian Education Foundation Inc generated $130.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $174.4k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 6 years. 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
LEAD MEMBERS IN ALL CHRISTIAN DENOMINATIONS INTO A DISCIPLINED STUDY OF THE SCRIPTURES. THE BETHEL SERIES LESSON MATERIALS ARE THE TOOL USED TO PROVIDE AN ENCOUNTER WITH THE CHRIST OF THE SCRIPTURES. SPIRITUAL LIFE IS ENHANCED; LIVES ARE CHANGED; AND THE PARTICIPANTS ARE ENCOURAGED TO SEE THE BLESSINGS THEY HAVE RECEIVED IN ORDER TO BE A BLESSING IN THE WORLD TODAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACEF HAS BUT ONE PROGRAM - THE BETHEL SERIES. OUR RECORDS SHOW THAT THROUGH THE YEARS, THIS TOOL DESIGNED TO HELP CHURCH MEMBERS GAIN A DEEPER UNDERSTANDING OF THE BIBLICAL MESSAGE HAS BEEN USED BY ALMOST 7,000 CHURCHES. THE BETHEL SERIES HAS SUCCESSFULLY CROSSED THE DENOMINATIONAL BARRIER AND HAS SERVED 47 CHRISTIAN DENOMINATIONS AND HAS ENROLLED CONGREGATIONS IN EVERY STATE OF THE USA. WITH THAT NUMBER OF CHURCHES AND IN THAT NUMBER OF DENOMINATIONS, THE TOTAL NUMBER OF PEOPLE REACHED IS FAR OVER A MILLION.THE ACEF OFFERS TRAINING SEMINARS TO TEACH NOT ONLY THE MATERIAL, BUT THE ADMINISTRATION OF THE BETHEL SERIES. A GROUP OF 21 PASTORS AND LAY LEADERS FROM THE UNITED STATES, COSTA RICA, INDONESIA AND AUSTRALIA ATTENDED THE JULY 14-22, 2021 SEMINAR REMOTELY VIA ZOOM HELD IN MADISON, WISCONSIN. WITH THE TRAINING THEY RECEIVE, THE PARTICIPANTS ARE EQUIPPED TO ENGAGE THEIR CONGREGATIONAL MEMBERS IN MEANINGFUL, ONGOING BIBLICAL STUDY.THE INITIAL TRAINING IN THE CONGREGATION IS OFFERED TO A SELECT CADRE OF LAY PEOPLE WHO AGREE TO A DISCIPLESHIP PROGRAM THAT INVOLVES AN INTENSIVE, DISCIPLINED TWO-YEAR STUDY. THIS SMALL GROUP OF "DISCIPLES" IS PREPARED TO FULFILL A VARIETY OF LEADERSHIP ROLES IN THE CHURCH, BUT IS ESPECIALLY TRAINED TO TEACH THE BETHEL SERIES IN THE NEXT STEP OF THE PROGRAM-THE CONGREGATIONAL PHASE. THROUGHOUT THE YEAR, LESSON MATERIALS AND SUPPLIES ARE SOLD TO CONGREGATIONS ENROLLED IN THE BETHEL SERIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Quinto Executive Director | Officer | 40 | $72,258 |
David Myhre Secretary | OfficerTrustee | 12 | $8,016 |
Mary Brennan Chair | OfficerTrustee | 1 | $0 |
Jacqui Shanda Vice-Chair | OfficerTrustee | 1 | $0 |
Alice Mowbray Treasurer | OfficerTrustee | 1 | $0 |
Mary Ann Richardson Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32,423 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,895 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,318 |
| Total Program Service Revenue | $14,435 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,207 |
| Net Income from Fundraising Events | -$575 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,014 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $130,166 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $495 |
| Grants and other assistance to domestic individuals. | $3,175 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,235 |
| Compensation of current officers, directors, key employees. | $4,462 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,759 |
| Payroll taxes | $6,163 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,359 |
| Advertising and promotion | $300 |
| Office expenses | $13,355 |
| Information technology | $3,663 |
| Royalties | $0 |
| Occupancy | $6,600 |
| Travel | $66 |
| 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 | $2,083 |
| Insurance | $2,612 |
| All other expenses | $1,070 |
| Total functional expenses | $174,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,611 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,515 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $44,040 |
| Prepaid expenses and deferred charges | $826 |
| Net Land, buildings, and equipment | $2,686 |
| Investments—publicly traded securities | $246,332 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $324,010 |
| Accounts payable and accrued expenses | $4,438 |
| 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 | $4,438 |
| Net assets without donor restrictions | $272,822 |
| Net assets with donor restrictions | $46,750 |
| 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 | $324,010 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Barnabas Foundation Crete, IL | $428,082,293 | $83,271,055 |
Rbc Ministries Grand Rapids, MI | $21,687,815 | $61,139,442 |
Home And Away Ministries North Branch, MN | $25,723,249 | $42,419,971 |
Good News Publishers Wheaton, IL | $44,141,237 | $30,597,185 |
Awana Clubs International St Charles, IL | $16,214,341 | $23,700,094 |
Bill Winston Ministries Forest Park, IL | $6,676,875 | $15,498,938 |
Loaves And Fishes Too Minneapolis, MN | $3,481,660 | $16,298,899 |
Pulse Outreach Minneapolis, MN | $16,852,358 | $21,090,149 |
Breakthrough Urban Ministries Inc Chicago, IL | $9,536,563 | $12,933,979 |
Christian Buehler Memorial Peoria, IL | $194,168,877 | $24,390,628 |
Desiring God Ministries Minneapolis, MN | $8,654,171 | $9,657,693 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |