Tyndale Theological Seminary Inc Fka Tyndale International Mission
- Assets
- $1.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Wheaton, IL
- Founding
- 01/1991
- Data as of
- 06/2022
- EIN
- 65-0154723
Organization Overview
Tyndale Theological Seminary Inc Fka Tyndale International Mission, operating under the name Stichting Tyndale, is located in Wheaton, IL. The organization was established in 1991. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stichting Tyndale 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, Stichting Tyndale generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 2.6% 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
MASTER'S LEVEL THEOLOGICAL SEMINARY, TRAINING INTERNATIONAL STUDENTS FOR CHRISTIAN MINISTRY. PLACE OF OPERATIONS: EGELANTIERSTRAAT 1, 1171 JM BADHOEVEDORP, THE NETHERLANDS. THE SEMINARY IS REGISTERED UNDER DUTCH LAW AS STICHTING TYNDALE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TYNDALE THEOLOGICAL SEMINARY, INC. EXISTS TO DEVELOP LEADERS WHO CAN BE USED BY GOD TO GROW HIS CHURCH AT THE LOCAL LEVEL OF THEIR HOME COUNTRIES. TYNDALE SHARES IN THE GOAL OF EVANGELISM AND MAKING DISCIPLES FROM ALL NATIONS. OUR PART IS TO PROVIDE A UNIQUE OPPORTUNITY FOR STUDENTS FROM THE NETHERLANDS, EUROPE AND THROUGHOUT THE WORLD TO COME TO TYNDALE, BE TRAINED AND EQUIPPED IN THE GOSPEL OF JESUS CHRIST, AND THEN RETURN HOME TO THEIR NATIVE LANDS TO SERVE THE LOCAL CHURCH AS MISSIONARIES, CHURCH PLANTERS, PASTORS, BIBLE TEACHERS AND LEADERS. WE BELIEVE IN THE MINISTRY OF THE LOCAL CHURCH. OUR DEGREE AND CERTIFICATE PROGRAMS ARE GEARED TOWARD TRAINING UP LEADERS FOR THE LOCAL CHURCH. SINCE OUR BEGINNING IN 1985, STUDENTS FROM 85 NATIONS HAVE JOINED US IN COMMUNITY FOR THIS WORK. DURING OUR MOST RECENT ACADEMIC YEAR, STUDENTS FROM 22 NATIONS TOOK CLASSES AT TYNDALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Garavaglia Director & President | OfficerTrustee | 40 | $0 |
Sander Van Muijen Vice Chair - Board Of Directors | OfficerTrustee | 0.44 | $0 |
John Hummel Treasurer - Board Of Directors | OfficerTrustee | 0.58 | $0 |
Hal Barge Secretary - Board Of Directors | OfficerTrustee | 0.77 | $0 |
Steve Meador Chair - Board Of Directors | OfficerTrustee | 3.12 | $0 |
Jim Dahl Vice President Of Academic Affairs | Officer | 40 | $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 | $1,249,915 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,249,915 |
| Total Program Service Revenue | $90,330 |
| Investment income | $9 |
| 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 | $1,350,538 |
| 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. | $235,246 |
| Compensation of current officers, directors, key employees. | $94,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $650,189 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,498 |
| Fees for services: Accounting | $8,892 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,545 |
| Office expenses | $24,263 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $151,456 |
| Travel | $1,091 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $424 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,279 |
| Insurance | $11,810 |
| All other expenses | $210,704 |
| Total functional expenses | $1,397,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,907 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,916 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,963 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,294,087 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,567,873 |
| Accounts payable and accrued expenses | $165,022 |
| 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 | $83,630 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $248,652 |
| Net assets without donor restrictions | $1,319,221 |
| 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 | $1,567,873 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tyndale Theological Seminary Inc Fka Tyndale International Mission has recieved totaling $19,000.
| Awarding Organization | Amount |
|---|---|
Tyndale House Ministries Carol Stream, IL PURPOSE: Leadership development in Africa | $19,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentucky Christian University Inc Grayson, KY | $38,563,521 | $22,232,558 |
Eden Theological Seminary Webster Groves, MO | $30,107,980 | $3,814,121 |
Tyndale Theological Seminary Inc Fka Tyndale International Mission Wheaton, IL | $1,567,873 | $1,350,538 |
Northland Mission Inc Dunbar, WI | $2,881,016 | $633,904 |
Southland Bible Institute Ashland, KY | $1,425,293 | $374,267 |
Divinity School Asso Of The Univ Chicago Chicago, IL | $54,553 | $65,105 |
Pilgrim Institute Mishawaka, IN | $52,782 | $0 |