Southwestern Reformed Seminary
- Assets
- $22.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Los Angeles, CA
- Founding
- 01/2016
- Data as of
- 12/2021
- EIN
- 47-4385030
Organization Overview
Southwestern Reformed Seminary is located in Los Angeles, CA. The organization was established in 2016. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Southwestern Reformed Seminary employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwestern Reformed 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 12/2021, Southwestern Reformed Seminary generated $14.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.5%) each year. All expenses for the organization totaled $21.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.3%) per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
TO TRAIN STUDENTS IN CHRISTIAN RELIGIOUS DESIPLINES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hong Man Kim President | 30 | $12,000 | |
Young Dong Son Secretary, CFO | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $14,210 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,210 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $1,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,923 |
| Total expenses | $21,223 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,484 |
| Other assets | $0 |
| Total assets | $22,484 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,484 |