Reformed International Theological Education Inc
- Assets
- $133.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Peters, MO
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 65-1205824
Organization Overview
Reformed International Theological Education Inc is located in Saint Peters, MO. The organization was established in 2004. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reformed International Theological Education 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 12/2022, Reformed International Theological Education Inc generated $161.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $132.9k during the year ending 12/2022. While expenses have increased by 4.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE OPERATE A SEMINARY IN UKRAINE OFFERING BACHELOR DEGREES THEOLOGY, MINISTRY AND MASTER OF DIVINITY DEGREES. WE HAVE HAD CLOSE TO TWO HUNDRED GRADUATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Win Groceclose Vice-President | 5 | $0 | |
Van Lees President | 10 | $0 | |
Greg Roig Director | 1 | $0 | |
Thea Van Dixhoorn Director | 5 | $0 | |
Ken Gontarz Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,940 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,940 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,105 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $131,747 |
| Total expenses | $132,852 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,536 |
| Other assets | $0 |
| Total assets | $133,536 |
| Total liabilities | $0 |
| Net assets or fund balances | $133,536 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reformed International Theological Education Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas City University Kansas City, MO | $396,275,959 | $114,344,236 |
Concordia University Seward, NE | $159,765,719 | $82,672,244 |
Des Moines University Osteopathic Medical Center Des Moines, IA | $450,267,375 | $87,558,866 |
Palmer College Foundation Davenport, IA | $257,383,249 | $91,492,236 |
Accreditation Council For Graduate Medical Education Chicago, IL | $103,044,710 | $71,823,147 |
University Of Health Sciences And Pharmacy In St Louis Saint Louis, MO | $314,379,266 | $75,273,875 |
Asbury Theological Seminary Wilmore, KY | $333,796,449 | $52,800,131 |
Illinois College Of Optometry Chicago, IL | $110,244,360 | $41,438,897 |
Clarkson College Omaha, NE | $27,180,320 | $38,123,040 |
Logan University Chesterfield, MO | $101,664,851 | $38,500,877 |
Southern College Of Optometry Memphis, TN | $90,101,083 | $28,598,801 |
Johnson University Knoxville, TN | $236,951,483 | $27,596,664 |