Southern California Seminary
- Assets
- $1.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 44
- Location
- El Cajon, CA
- Founding
- 04/1949
- Data as of
- 08/2021
- EIN
- 95-2111210
Organization Overview
Southern California Seminary is located in El Cajon, CA. The organization was established in 1949. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 08/2021, Southern California Seminary employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern California Seminary 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 08/2021, Southern California Seminary generated $2.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $2.4m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 6 years. 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
TO BRING GLORY TO GOD BY ASSISTING LOCAL CHURCHES TO EQUIP BELIEVERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION & STUDENT ACTIVITIES - OPERATES A NONPROFIT PRIVATE COLLEGE PROGRAM FOR STUDY OF THE BIBLE, THEOLOGY, AND VARIOUS OTHER ASPECTS OF CHRISTIAN MINISTRY. PROVIDES STUDENT SERVICES AND HOUSING FOR THE STUDENTS IN ADDITION TO GRANTING BIBLE COLLEGE AND SEMINARY DEGREES ACCREDITED BY THE ASSOCIATION OF THEOLOGICAL SCHOOLS AND TRACS, ALONG WITH TRACS ACCREDITED CHRISTIAN COUNSELING DEGREES.
AUXILIARY SERVICES - LIBRARY OPERATIONSSOUTHERN CALIFORNIA SEMINARY LIBRARY SERVICES ARE JOINT-USE WITH SAN DIEGO CHRISTIAN COLLEGE. THEIR RESPECTIVE LIBRARIES PROVIDE STUDENTS WITH ACCESS TO MORE THAN 338,731 E-BOOKS, E-AUDIO, OR E-REFERENCE TITLES PLUS ANOTHER 65,010 STREAMING AUDIO AND/OR VIDEOS. UNIQUE JOURNAL ACCESS INCLUDED 24,477 FULL TEXT ARTICLES. STUDENTS CAN CONDUCT RESEARCH THROUGH MORE THAN 150 DATABASES, AND THE LIBRARIES HAVE SURPASSED MORE THAN 1 MILLION CATALOGED ITEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gino Pasquariello Provost & Cao | Officer | 40 | $35,096 |
Dr Gary Coombs President/vice Chairman | OfficerTrustee | 25 | $0 |
Arlan Barber Chairman | OfficerTrustee | 5 | $0 |
Cheryl Myers Secretary | OfficerTrustee | 5 | $0 |
John Paulson CFO | Officer | 10 | $0 |
Dr David Jeremiah Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $400,000 |
| Government grants | $289,988 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,087 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $762,075 |
| Total Program Service Revenue | $1,742,524 |
| Investment income | $689 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,289 |
| 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 | $12,607 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,538,749 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $185,930 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $242,738 |
| Compensation of current officers, directors, key employees. | $94,008 |
| Compensation to disqualified persons | $19,200 |
| Other salaries and wages | $906,890 |
| Pension plan accruals and contributions | $37,128 |
| Other employee benefits | $249,357 |
| Payroll taxes | $58,406 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $84,611 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $133,985 |
| Advertising and promotion | $30,671 |
| Office expenses | $5,978 |
| Information technology | $110,520 |
| Royalties | $1,943 |
| Occupancy | $264,692 |
| Travel | $3,852 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,597 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,865 |
| Insurance | $3,107 |
| All other expenses | $64,318 |
| Total functional expenses | $2,423,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,541 |
| Savings and temporary cash investments | $1,127 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,695 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $27,017 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,621 |
| Net Land, buildings, and equipment | $238,000 |
| Investments—publicly traded securities | $646,423 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,109,424 |
| Accounts payable and accrued expenses | $163,905 |
| Grants payable | $0 |
| Deferred revenue | $84,529 |
| 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 | $248,434 |
| Net assets without donor restrictions | $618,441 |
| Net assets with donor restrictions | $242,549 |
| 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 | $1,109,424 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southern California Seminary has recieved totaling $8,250.
| Awarding Organization | Amount |
|---|---|
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: SCHOLARSHIP FUND | $8,250 |
Endowment Analysis
| Beg. Balance | $115,850 |
| Ending Balance | $115,850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Columbia College Tarzana, CA | $10,228,800 | $19,320,948 |
University Of The People Pasadena, CA | $8,426,107 | $18,756,835 |
Foundation For Hispanic Education San Jose, CA | $9,597,564 | $17,861,109 |
Providence Christian College Pasadena, CA | $1,662,159 | $9,814,467 |
San Francisco College Track Qalicb Inc Oakland, CA | $0 | $8,636,000 |
Humphreys College Stockton, CA | $28,503,602 | $8,301,244 |
Humboldt State University Foundation Arcata, CA | $57,544,376 | $13,924,277 |
California Maritime Academy Foundation Inc Vallejo, CA | $17,506,406 | $6,962,051 |
Alliance College-Ready Middle Academy #4 Los Angeles, CA | $0 | $3,113,853 |
Southern Oregon University Foundation Ashland, OR | $42,053,103 | $5,034,083 |
Cuesta College Foundation San Luis Obispo, CA | $44,331,740 | $6,237,034 |
New Hope Christian College Eugene, OR | $9,032,074 | $3,256,187 |