China Evangelical Seminary North America -Cesna-
- Assets
- $10.7m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 25
- Location
- West Covina, CA
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 95-4366755
Organization Overview
China Evangelical Seminary North America -Cesna- is located in West Covina, CA. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, China Evangelical Seminary North America -Cesna- employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. China Evangelical Seminary North America -Cesna- 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, China Evangelical Seminary North America -Cesna- generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 4.6% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SEMINARY OFFERS THEOLOGICAL STUDY PROGRAMS LEADING TO DIPLOMA OF CHRISTIAN STUDIES, MASTER OF CHRISTIAN STUDIES AND MASTER OF DIVINITY. IT ALSO OFFERS AS A CONTINUING EDUCATION FOR LAYMEN OR MINISTERS IN CHRISTIAN THEOLOGY.
Describe the Organization's Program Activity:
MANAGE AND OPERATE A CHRISTIAN SEMINARY INCLUDING OFFSITE SEMINARS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kitking Leung President (t | Officer | 40 | $57,314 |
Samuel Liu President | Officer | 40 | $31,265 |
Peter Chen Director | Trustee | 1 | $0 |
Justin Lee Director | Trustee | 1 | $0 |
Samuel Chung Director | Trustee | 1 | $0 |
Ming Cheng Yen Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $328,118 |
| Related organizations | $0 |
| Government grants | $195,109 |
| All other contributions, gifts, grants, and similar amounts not included above | $810,101 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,333,328 |
| Total Program Service Revenue | $517,429 |
| Investment income | $260,276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,826 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$320 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,322,092 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,155 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,579 |
| Compensation of current officers, directors, key employees. | $26,574 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $869,013 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $191,602 |
| Payroll taxes | $65,058 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,244 |
| Advertising and promotion | $8,573 |
| Office expenses | $33,805 |
| Information technology | $44,834 |
| Royalties | $0 |
| Occupancy | $73,214 |
| Travel | $1,003 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26,183 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,493 |
| Insurance | $16,656 |
| All other expenses | $0 |
| Total functional expenses | $1,585,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $2,334,631 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $81,715 |
| Prepaid expenses and deferred charges | $15,507 |
| Net Land, buildings, and equipment | $6,306,190 |
| Investments—publicly traded securities | $1,938,671 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,676,914 |
| Accounts payable and accrued expenses | $37,524 |
| Grants payable | $0 |
| Deferred revenue | $2,144,547 |
| 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 | $2,421,795 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $53,103 |
| Total liabilities | $4,656,969 |
| Net assets without donor restrictions | $4,373,937 |
| Net assets with donor restrictions | $1,646,008 |
| 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 | $10,676,914 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that China Evangelical Seminary North America -Cesna- has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: EDUCATIONAL PROGRAM,MINISTRY SUPPORT | $20,000 |
My Charitable Foundation Wilmington, DE PURPOSE: SPECIAL PROGRAM: CARING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oak Grove Institute Foundation Inc Murrieta, CA | $29,102,821 | $23,083,215 |
Taco Bell Foundation Inc Irvine, CA | $32,895,109 | $23,910,509 |
Albina Head Start Inc Portland, OR | $22,611,624 | $19,457,720 |
Orbis Cascade Alliance Portland, OR | $8,013,554 | $17,694,791 |
Albert Einstein Academies San Diego, CA | $21,189,771 | $17,379,077 |
Prospect Sierra School El Cerrito, CA | $31,201,283 | $16,565,547 |
Options Counseling Services Of Oregon Eugene, OR | $12,586,092 | $15,957,358 |
Transitions - Mental Health Association San Luis Obispo, CA | $15,943,493 | $14,891,475 |
International Myeloma Foundation Studio City, CA | $20,383,236 | $17,434,390 |
Open Networking Foundation Palo Alto, CA | $9,261,912 | $16,468,416 |
Sonoma Valley Community Health Center Sonoma, CA | $15,645,180 | $13,937,473 |
After-School All-Stars Los Angeles, CA | $10,011,535 | $13,148,528 |