Globe Covenant Seminary Inc
- Assets
- $6.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dunwoody, GA
- Founding
- Data as of
- 12/2022
- EIN
- 84-4459951
Organization Overview
Globe Covenant Seminary Inc is located in Dunwoody, GA. Globe Covenant Seminary Inc 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, Globe Covenant Seminary Inc generated $51.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $71.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 2 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
THIS IS AN RELIGIOUS INSTITUTION FOR EDUCATING STUDENTS WHO PREPARE FOR ORDINATION TO SERVE AS CLERGY IN CHRISTIAN MINISTRY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $51,378 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,378 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,801 |
| Professional fees and other payments to independent contractors | $19,186 |
| Occupancy, rent, utilities, and maintenance | $1,300 |
| Printing, publications, postage, and shipping | $1,859 |
| Other expenses | $8,535 |
| Total expenses | $71,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,253 |
| Other assets | $0 |
| Total assets | $6,253 |
| Total liabilities | $740 |
| Net assets or fund balances | $5,513 |