Institute Of Lutheran Theology

Organization Overview

Institute Of Lutheran Theology is located in Brookings, SD. The organization was established in 2008. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2020, Institute Of Lutheran Theology employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Institute Of Lutheran Theology generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $1.1m during the year ending 06/2020. While expenses have increased by 22.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO EDUCATE AND PREPARE ORDAINED AND LAY LUTHERAN LEADERS, FOLLOWERS OF JESUS CHRIST, FOR EVANGELICAL VOCATIONS SO THAT: THEY MAY WALK IN THE WAY OF JESUS CHRIST, KNOW THE TRUTH WHICH IS CHRIST, AND WITNESS THEIR RESURRECTED LIFE IN CHRIST FOR ALL TO SEE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO FULLFILL ITS MISSION THE INSTITUTE OFFERS: SCRIPTURALLY-GROUNDED, SOLIDLY LUTHERAN, PASTORAL PREPARATION CHRISTIAN LEADERSHIP CERTIFICATION PROGRAMS ADULT CHRISTIAN EDUCATION CONTINUING EDUCATION OPPORTUNITIES FOR CLERGY GRADUATE DEGREES FOR TEACHERS OF THEOLOGY THE INSTITUTE IS ACCREDITED AS A QUALIFIED ABHE (ASSOCIATION OF BIBLICAL HIGHER EDUCATION) HIGHER EDUCATION INSTITUTE.


SUPPORT ACTIVITIES FOR 1ST EXEMPT PURPOSE.


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)Compensation
Becky Hand
Secretary
$0
Fred Schickendanz
Treasurer
$0
Kip Tyler
Chair
$0
Phil Wold
Vice Chair
$0
Douglas Bahr
Board Member
$0
John Bent
Board Member
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,117,851
Investment income $2,796
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $16,286
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 $1,416,534

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Institute Of Lutheran Theology has recieved totaling $5,881.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$5,881
View Grant Recipient Profile

Create an account to unlock the data you need.

or