Western Biblical Theological Seminary
- Assets
- $419.8k
- Revenue
- $272.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Lynnwood, WA
- Founding
- 06/2018
- Data as of
- 10/2023
- EIN
- 47-5414931
Organization Overview
Western Biblical Theological Seminary is located in Lynnwood, WA. The organization was established in 2018. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Biblical Theological Seminary is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF NORTHPOINT UNIVERSITY IS TO EDUCATE PEOPLE TO BECOME LEADERS OF MISSIONAL IMPACT TO EXTEND THE KINGDOM OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS FOR STUDENTS TO CULTIVATE A MISSIONARY IDENTITY AND VISION, USING A MISSIONAL THEOLOGY AND INCARNATIONAL METHODS TO ENGAGE WITH THEIR MISSION FIELDS. WE ENCOURAGES INNOVATION AND ADAPTATION IN MINISTRY TO EFFECTIVELY REACH PEOPLE IN A POSTMODERN CONTEXT, AIMING TO COLLABORATE IN LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL MISSIONS.
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 |
|---|---|---|---|
Jong Lee Board Member | Trustee | 1 | $0 |
Oksoon Lee Board Member | Trustee | 1 | $0 |
Myoung Kim Board Member | Trustee | 20 | $0 |
Steven Hostetter President | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,200 |
| Total Program Service Revenue | $271,054 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $272,279 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,300 |
| Grants and other assistance to domestic individuals. | $4,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,439 |
| Compensation of current officers, directors, key employees. | $2,439 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,192 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,886 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $649 |
| Office expenses | $589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,495 |
| Travel | $2,542 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,775 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $133,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,287 |
| Savings and temporary cash investments | $231,531 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $419,818 |
| Accounts payable and accrued expenses | $3,144 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $3,144 |
| Net assets without donor restrictions | $416,674 |
| Net assets with donor restrictions | $0 |
| 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 | $419,818 |