Association Of Boards In Theological Education In Trust, operating under the name In Trust Center, is located in Wilmington, DE. The organization was established in 1995. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, In Trust Center employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. In Trust Center 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 12/2021, In Trust Center generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 11.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE IN TRUST CENTER FOR THEOLOGICAL SCHOOL'S MISSION IS TO STRENGTHEN THEOLOGICAL SCHOOLS BY CONNECTING THEIR LEADERS TO ESSENTIAL RESOURCES FOR MISSION VITALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAGAZINE: IN TRUST MAGAZINE IS OUR QUARTERLY PUBLICATION WHICH BEGAN IN 1988. IT IS FOR THOSE WHO GOVERN, LEAD, AND TEACH AT THEOLOGICAL SCHOOLS, INCLUDING ADMINISTRATORS, BOARD MEMBERS, AND FACULTY, TO HELP PROVIDE EFFECTIVE LEADERSHIP. IN TRUST MAGAZINE PROVIDES ACCESS TO CRITICAL INFORMATION ABOUT PEER INSTITUTIONS AND THE BROADER FIELD OF THEOLOGICAL EDUCATION. ADDITIONAL RESOURCES ARE AVAILABLE VIA OUR NEWSLETTER AND WEBSITE AT WWW.INTRUST.ORG, WHICH PROVIDES ACCESS TO CURRENT AND PAST ISSUES OF THE MAGAZINE, RESOURCE TEMPLATES AND GUIDES, BLOG POSTS, AND INFORMATION ABOUT ALL OF OUR PROGRAMS AND INITIATIVES.MEMBERSHIP AND AFFILIATION: THE IN TRUST CENTER'S MEMBER AND AFFILIATE INSTITUTIONS RECEIVE MAGAZINE SUBSCRIPTIONS FOR THEIR BOARDS, SENIOR ADMINISTRATORS, FACULTY LEADERS, AND LIBRARIES; FULL ACCESS TO ONLINE MAGAZINE ARCHIVES; AND DISCOUNTED FEES FOR WEBINARS. THERE WERE 232 MEMBER AND AFFILIATE INSTITUTIONS OF THE IN TRUST CENTER FOR THE 2021 MEMBERSHIP YEAR. VOTING MEMBERS, A SUBSET OF THE OVERALL MEMBERSHIP, ELECT CANDIDATES TO THE IN TRUST CENTER BOARD OF DIRECTORS. VOTING MEMBERS MUST BE EDUCATIONAL INSTITUTIONS ACCREDITED BY AN AGENCY APPROVED BY THE COUNCIL FOR HIGHER EDUCATION ACCREDITATION. IN ADDITION, THEY MUST HAVE PAID MEMBERSHIP DUES BY SEPTEMBER 30TH, THEY MUST HAVE A MISSION OF EDUCATION OR FORMING STUDENTS FOR CHRISTIAN MINISTRY OR SCHOLARSHIP, AND THEY MUST BE CHURCH AFFILIATED OR RECOGNIZED BY THE U.S. INTERNAL
LEARNING COMMUNITIES: THE IN TRUST CENTER CONNECTS OUR MEMBER SCHOOLS TO EXPERTS IN KEY AREAS OF THEOLOGICAL EDUCATION THROUGH ITS WEBINARS AND FACILITATED CONVERSATIONS. OUR WEBINARS ARE INTERACTIVE PRESENTATIONS, LIVE OR RECORDED, USING BOTH AUDIO AND VIDEO. IN TRUST CENTER WEBINARS FEATURE CAREFULLY SELECTED CONTENT THAT IS DELIVERED BY EXPERTS IN VARIOUS FIELDS - FOR EXAMPLE, FUNDRAISING, GOVERNANCE, AND LEADERSHIP. EACH IN TRUST CENTER WEBINAR INCLUDES TIME FOR INTERACTIVE QUESTIONS AND ANSWERS. OUR FACILITATED CONVERSATION SPACES OFFER OPPORTUNITIES FOR PEER ENGAGEMENT AROUND TIMELY TOPICS AND ISSUES WITHIN SMALL GROUPS. THE CENTER ALSO ENGAGES OUR MEMBERSHIP VIA MEMBER SURVEYS TO UNDERSTAND MEMBER EXPERIENCES, ISSUES, AND INTEREST IN KEY AREAS.
RESOURCE CONSULTING: THE IN TRUST CENTER FOR THEOLOGICAL SCHOOLS IS COMMITTED TO SUPPORTING OUR MEMBER SCHOOLS WHILE THEY FOCUS ON ACHIEVING THEIR MISSION. ONE WAY WE PROVIDE INDIVIDUALIZED SUPPORT IS THROUGH RESOURCE CONSULTING. RESOURCE CONSULTING IS BASED ON A WELL-ESTABLISHED LEARNING MODEL OF INSTITUTIONAL CHANGE: SUSTAINED AND EFFECTIVE ORGANIZATIONAL LEARNING COMES WHEN AN INSTITUTION AUGMENTS ITS OWN ASSETS AND CREATIVITY WITH APPROPRIATE EXTERNAL RESOURCES. COMBINING INTERNAL ASSETS WITH EXTERNAL RESOURCES LIKE KNOWLEDGE, TOOLS, AND TALENT EMPOWERS LEADERS TO ADDRESS CHALLENGES AND TAKE ADVANTAGE OF OPPORTUNITIES. TWO INITIATIVES THAT FALL UNDER THIS PROGRAM ARE:1.RESOURCE GRANTS - AN IN TRUST CENTER RESOURCE GRANT IS A DOLLAR-FOR-DOLLAR MATCHING GRANT OF UP TO $10,000 THAT IS INTENDED TO ADDRESS A PARTICULAR INNOVATIVE CHALLENGE OR OPPORTUNITY WITHIN AN INSTITUTION. THE IN TRUST CENTER HOPES THAT THROUGH A RESOURCE GRANT, A MEMBER SCHOOL WILL ENGAGE AN OUTSIDE RESOURCE THAT ALLOWS THEM TO SUPPORT THEIR WORK AND FURTHER THEIR SCHOOL'S MISSION. ALL MEMBER SCHOOLS OF THE IN TRUST CENTER ARE ELIGIBLE TO APPLY FOR A RESOURCE GRANT; HOWEVER, SCHOOLS MAY NOT APPLY FOR A GRANT THE SUBSEQUENT YEAR AFTER RECEIVING ONE. SCHOOLS MUST ALSO SHOW HOW THEY ARE PROVIDING MATCHING FUNDS.2.THE WISE STEWARDS INITIATIVE FOCUSES ON BUILDING BOARD CAPACITY FOR BETTER INSTITUTIONAL GOVERNANCE. THE CURRICULUM, RESOURCES, AND FORMAT OF THE THREE-YEAR PROJECT HAVE BEEN DESIGNED ESPECIALLY FOR EXECUTIVE LEADERSHIP AND GOVERNING BOARDS OF THEOLOGICAL SCHOOLS BY EXPERIENCED EDUCATORS, ADMINISTRATORS, AND CONSULTANTS, ALL OF WHOM HAVE FIRSTHAND KNOWLEDGE OF GRADUATE THEOLOGICAL EDUCATION. PARTICIPATING SCHOOLS RECEIVE PRACTICAL INSIGHTS, WISE PRACTICES, TOOLS, AND STRATEGIES FOR INSPIRING AND EDUCATING CURRENT AND FUTURE BOARD MEMBERS. THE PROGRAM CONTENT IS ORGANIZED AROUND FOUR AREAS:O CREATING SPACE FOR INNOVATION, LEADING CHANGE, AND MAXIMIZING POTENTIAL.O REIMAGINING GOVERNANCE AS A FORCE FOR CHANGE.O THE PRESIDENT/BOARD PARTNERSHIP IN INSTITUTIONAL RENEWAL.O ROLES AND RESPONSIBILITIES OF BOARDS OF THEOLOGICAL SCHOOLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amy Kardash President | OfficerTrustee | 40 | $185,000 |
Matthew Huffman VP For Communication | 40 | $120,000 | |
Prof Anne Anderson Chair | OfficerTrustee | 1 | $0 |
Dr Byron Klaus Vice Chair | OfficerTrustee | 1 | $0 |
Debra Dunn Kellar Treasurer | OfficerTrustee | 1 | $0 |
Msgr Jeremiah Mccarthy Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $144,000 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,418,846 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,562,846 |
Total Program Service Revenue | $8,455 |
Investment income | $607,962 |
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 | $2,179,263 |
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. | $305,000 |
Compensation of current officers, directors, key employees. | $46,250 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $318,252 |
Pension plan accruals and contributions | $45,095 |
Other employee benefits | $167,346 |
Payroll taxes | $53,344 |
Fees for services: Management | $0 |
Fees for services: Legal | $12,556 |
Fees for services: Accounting | $57,893 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $74,535 |
Fees for services: Other | $607,747 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $16,817 |
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 | $161,843 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $2,634,011 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $181,179 |
Pledges and grants receivable | $212,591 |
Accounts receivable, net | $25,796 |
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 | $42,167 |
Net Land, buildings, and equipment | $136,783 |
Investments—publicly traded securities | $13,663,034 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $14,261,550 |
Accounts payable and accrued expenses | $63,938 |
Grants payable | $0 |
Deferred revenue | $4,950 |
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 | $68,888 |
Net assets without donor restrictions | $5,525,197 |
Net assets with donor restrictions | $8,667,465 |
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 | $14,261,550 |
Organization Name | Assets | Revenue |
---|---|---|
Editorial Projects In Education Inc Bethesda, MD | $35,486,255 | $21,641,400 |
Baltimore Teacher Network Baltimore, MD | $946,016 | $9,863,712 |
Sunlight For All Institute Baltimore, MD | $20,573,717 | $24,195,292 |
University Of Pennsylvania Press Incorporated Philadelphia, PA | $1,805,477 | $4,286,513 |
Association Of Boards In Theological Education In Trust Wilmington, DE | $14,261,550 | $2,179,263 |
Psychoanalytic Electronic Publishing Inc Joint Venture Wilmington, DE | $2,566,598 | $2,283,840 |
Engle Printing Co Inc Employee Benefit Trust Mount Joy, PA | $138,702 | $1,442,211 |
American Medical Writers Association Rockville, MD | $4,137,522 | $1,831,724 |
Publicsource Inc Pittsburgh, PA | $2,043,200 | $1,698,026 |
Next City Inc Philadelphia, PA | $306,037 | $1,057,776 |
Ripm Consortium Ltd Baltimore, MD | $5,657,258 | $1,575,438 |
Collegiate Network Inc Wilmington, DE | $0 | $780,350 |