Southern California School Of Theology, operating under the name Claremont School Of Theology, is located in Claremont, CA. The organization was established in 1957. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Claremont School Of Theology employed 150 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Claremont School Of Theology 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 06/2021, Claremont School Of Theology generated $12.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $10.5m during the year ending 06/2021. 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
THEOLOGY GRAD SCHOOL OFFERING INTERFAITH AND ECUMENICAL DEGREE PROGRAMS MDIV MA DMIN AND PHD
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION - 110 STUDENTS IN THE GRADUATING CLASS OF MAY 2021 40 MASTER OF DIVINITY, 12 MASTER OF ARTS; 30 DOCTOR OF MINISTRY; AND 20 PHD
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kah-Jin Jeffrey Kuan President | OfficerTrustee | 37.5 | $172,519 |
Jong Oh Lee VP Int Relations | 37.5 | $124,663 | |
Andrew Dreitcer Director | OfficerTrustee | 37.5 | $91,075 |
David Robydek Director | OfficerTrustee | 37.5 | $63,070 |
Steve H Johnston VP Of Advancement | OfficerTrustee | 37.5 | $47,666 |
Bishop Grant Hagiya Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $58,846 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,510,403 |
Noncash contributions included in lines 1a–1f | $130,995 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,569,249 |
Total Program Service Revenue | $4,474,280 |
Investment income | $47,535 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,510,208 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,715,651 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $2,176,820 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $498,993 |
Compensation of current officers, directors, key employees. | $58,944 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,952,479 |
Pension plan accruals and contributions | $238,096 |
Other employee benefits | $537,736 |
Payroll taxes | $228,511 |
Fees for services: Management | $0 |
Fees for services: Legal | $352,011 |
Fees for services: Accounting | $81,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $69,228 |
Office expenses | $1,118,800 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $63,766 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $39,849 |
Interest | $205,416 |
Payments to affiliates | $538,131 |
Depreciation, depletion, and amortization | $400,296 |
Insurance | $213,752 |
All other expenses | $824,726 |
Total functional expenses | $10,539,910 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,218,075 |
Savings and temporary cash investments | $1,733,139 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $184,224 |
Loans from Officers, Directors, or Controlling Persons | $100,000 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $49,357 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $127,379 |
Net Land, buildings, and equipment | $13,648,666 |
Investments—publicly traded securities | $1,706,972 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $16,901,587 |
Total assets | $39,669,399 |
Accounts payable and accrued expenses | $811,494 |
Grants payable | $0 |
Deferred revenue | $10,000,000 |
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 | $6,804,090 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,308,017 |
Total liabilities | $18,923,601 |
Net assets without donor restrictions | $7,190,307 |
Net assets with donor restrictions | $13,555,491 |
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 | $39,669,399 |
Over the last fiscal year, we have identified 7 grants that Southern California School Of Theology has recieved totaling $1,170,356.
Awarding Organization | Amount |
---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: PATHWAYS FOR TOMORROW INITIATIVE | $1,000,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $85,301 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: PATHWAYS FOR TOMORROW INITIATIVE | $49,940 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $10,000 |
John Templeton Foundation West Conshohocken, PA PURPOSE: ASTROBIOLOGY, EXO-PHILOSOPHY, AND COSMIC RELIGION CONFERENCE | $10,000 |
Beg. Balance | $9,111,262 |
Earnings | $3,130,737 |
Net Contributions | $2,434,431 |
Other Expense | $1,218,865 |
Ending Balance | $13,457,565 |
Organization Name | Assets | Revenue |
---|---|---|
California Western School Of Law San Diego, CA | $69,688,098 | $48,863,777 |
Keck Graduate Institute Claremont, CA | $121,856,519 | $41,890,021 |
Marshall B Ketchum University Fullerton, CA | $105,970,455 | $47,583,305 |
Thunderbird School Of Global Management Phoenix, AZ | $4,648,363 | $22,980,212 |
Southern California University Of Health Sciences Whittier, CA | $39,889,743 | $44,008,074 |
Palo Alto University Inc Palo Alto, CA | $37,743,432 | $38,449,514 |
Uc Berkeley Center For Executive Education Berkeley, CA | $14,411,646 | $24,161,289 |
Life Chiropractic College West Hayward, CA | $30,632,289 | $21,817,689 |
Fielding Graduate University Santa Barbara, CA | $38,250,030 | $25,475,508 |
Saybrook University Pasadena, CA | $17,039,418 | $21,644,889 |
Southwest College Of Naturopathic Medicine And Health Science Inc Tempe, AZ | $29,642,803 | $19,296,647 |
Multnomah University Portland, OR | $31,830,186 | $15,256,009 |