New Presbyterian Seminary Southern California is located in La Canada, CA. The organization was established in 2013. According to its NTEE Classification (B40) the organization is classified as: Higher Education, 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. New Presbyterian Seminary Southern California 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, New Presbyterian Seminary Southern California generated $64.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $89.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 8 years. 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
THE SEMINARY SERVED VARIOUS DEGREE CANDIDATES AND OTHER INDIVIDUALS DURING 2022 CALENDAR YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Hopkins Trustee | 2 | $0 | |
David Tomlinson Vice Preside | 20 | $0 | |
Susan Young Thornton Secretary | 2 | $0 | |
Gary Demarest Trustee | 2 | $0 | |
Gerald Herter President | 2 | $0 | |
Jerry Tankersley Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,640 |
| Total Program Service Revenue | $12,259 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,899 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,319 |
| Professional fees and other payments to independent contractors | $4,730 |
| Occupancy, rent, utilities, and maintenance | $14,400 |
| Printing, publications, postage, and shipping | $1,147 |
| Other expenses | $34,349 |
| Total expenses | $89,945 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,722 |
| Other assets | $0 |
| Total assets | $33,680 |
| Total liabilities | $21,927 |
| Net assets or fund balances | $11,753 |