Pacific Rim Christian University
- Assets
- $1.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 56
- Location
- Honolulu, HI
- Founding
- 07/2016
- Data as of
- 06/2024
- EIN
- 47-3609601
Organization Overview
Pacific Rim Christian University is located in Honolulu, HI. The organization was established in 2016. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2024, Pacific Rim Christian University employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacific Rim Christian University 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 06/2024, Pacific Rim Christian University generated $2.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $2.0m during the year ending 06/2024. While expenses have increased by 5.1% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO DISCIPLE EMERGING CHRISTIAN LEADERS BY DEVELOPING THEIR THEOLOGY, MINISTRY SKILLS AND CHARACTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PACIFIC RIM CHRISTIAN UNIVERSITY, AN INSTITUTION OF HIGHER EDUCATION, EXISTS TO DISCIPLE EMERGING CHRISTIAN LEADERS BY DEVELOPING THEIR THEOLOGY, MINISTRY SKILLS, AND CHARACTER IN ORDER TO WIN SOULS, PLANT FRUITFUL CHURCHES, AND LEAD AS EXEMPLARY AMBASSADORS FOR CHRIST IN THE MINISTRY AND MARKETPLACE. PACIFIC RIM CHRISTIAN UNIVERSITY SHALL ADMIT STUDENTS OF ANY RACE, COLOR, NATIONAL ORIGIN, AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO ITS STUDENTS. IT SHALL NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. PACIFIC RIM CHRISTIAN UNIVERSITY OFFERS ASSOCIATE'S, BACHELOR'S, AND MASTER'S DEGREES IN AREAS SUCH AS BIBLICAL STUDIES, THEOLOGY, WORSHIP ARTS, AND CHRISTIAN MINISTRY. PACIFIC RIM CHRISTIAN UNIVERSITY ALSO PROVIDES LIMITED STUDENT HOUSING TO STUDENTS. PACIFIC RIM CHRISTIAN UNIVERSITY'S PRIMARY SOURCES OF REVENUES ARE TUITION, FEES, AND STUDENT HOUSING PAID BY THE STUDENTS AND THROUGH GIFTS AND GRANTS FROM INDIVIDUALS AND ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David R Yogi Jr Board Chairm | OfficerTrustee | 4 | $0 |
John L Tilton Director | Trustee | 2 | $0 |
Sylvia Waiwaiole-Hopfe Director | Trustee | 4 | $0 |
Jan Higa Director | Trustee | 4 | $0 |
Kate Hogle Director | Trustee | 1 | $0 |
Calvin Kochi Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,122 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,628 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,750 |
| Total Program Service Revenue | $1,829,617 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,461 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,082,126 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $274,435 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $152,347 |
| Compensation of current officers, directors, key employees. | $103,110 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $783,590 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $112,047 |
| Payroll taxes | $53,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,204 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,271 |
| Advertising and promotion | $36,039 |
| Office expenses | $26,623 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $371,255 |
| Travel | $210 |
| 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 | $7,580 |
| Insurance | $23,655 |
| All other expenses | $3,396 |
| Total functional expenses | $1,973,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,227,199 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $211,454 |
| 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 | $19,189 |
| Net Land, buildings, and equipment | $37,903 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $277,504 |
| Total assets | $1,773,249 |
| Accounts payable and accrued expenses | $48,509 |
| Grants payable | $0 |
| Deferred revenue | $28,882 |
| 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 | $285,122 |
| Total liabilities | $362,513 |
| Net assets without donor restrictions | $1,307,025 |
| Net assets with donor restrictions | $103,711 |
| 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 | $1,773,249 |