Pilgrim Institute
- Assets
- $74.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mishawaka, IN
- Founding
- 01/1981
- Data as of
- 08/2022
- EIN
- 42-1152260
Organization Overview
Pilgrim Institute is located in Mishawaka, IN. The organization was established in 1981. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pilgrim Institute 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 08/2022, Pilgrim Institute generated $66.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $44.6k during the year ending 08/2022. While expenses have increased by 6.9% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MULTIPLE VIRTUAL COURSES WERE OFFERED; ONLINE CORRESPONDENCE COURSES; COMMUNICATIONS VIA SOCIAL MEDIA, EMAILS, NEWSLETTERS, ETC., AND PUBLICATIONS. LIVE SEMINARS WERE OFFERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Smith President | 30 | $12,500 | |
Jeanette Whittaker Secretary Treasurer | 30 | $0 | |
Dixie Thompson Vice President | 5 | $0 | |
David Holmes Director | 1 | $0 | |
Michael B Jackson Director | 1 | $0 | |
Lynn Meier Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,425 |
| Total Program Service Revenue | $1,665 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $162 |
| Total Revenue | $66,056 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,204 |
| Professional fees and other payments to independent contractors | $4,347 |
| Occupancy, rent, utilities, and maintenance | $7,500 |
| Printing, publications, postage, and shipping | $1,514 |
| Other expenses | $10,489 |
| Total expenses | $44,554 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,728 |
| Other assets | $0 |
| Total assets | $74,150 |
| Total liabilities | $554 |
| Net assets or fund balances | $73,596 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eden Theological Seminary St Louis, MO | $27,218,689 | $4,465,389 |
Tyndale Theological Seminary Inc Fka Tyndale International Mission Wheaton, IL | $1,602,285 | $1,326,704 |
Northland Mission Inc Dunbar, WI | $2,771,352 | $719,452 |
Southland Bible Institute Ashland, KY | $1,463,888 | $413,201 |
Divinity School Asso Of The Univ Chicago Chicago, IL | $63,114 | $115,793 |
Pilgrim Institute Mishawaka, IN | $74,150 | $0 |