Lutheran Bible Institute Of Seattle Dba Trinity Lutheran College, operating under the name Trinity Lutheran College, is located in Everett, WA. Trinity Lutheran College 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 06/2019, Trinity Lutheran College generated $136.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (63.0%) each year. All expenses for the organization totaled $33.5k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (74.7%) per year over the past 4 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
2019
Describe the Organization's Program Activity:
Part 3
TO OPERATE AN ACCREDITED CHRISTIAN LIBERAL ARTS INSTITUTION OF HIGHER EDUCATION. INSTRUCTION CEASED ON MAY 7, 2016. SINCE THEN THE ORGANIZATION HAS BEEN SELLING ASSETS AND WRAPPING UP OPERATIONS. REMAINING FUNDS WERE TRANSFERRED TO A RELATED ORGANIZATION THAT WILL SUPPORT INDIVIDUALS AND ORGANIZATIONS ENGAGED IN EDUCATIONAL PROGRAMS THAT SUPPORT CHRISTIAN VALUES THAT MAKE KNOWN THE GOSPEL'S CALL FOR PEACE, JUSTICE AND HEALING THROUGHOUT THE WORLD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rev Kevin Bates Trustee | 1 | $0 | |
Karen Clements Trustee | 1 | $0 | |
Twyla Lucas Trustee | 1 | $0 | |
Rev Becca Parkins Trustee | 1 | $0 | |
Heidi Francis Co President | 4 | $0 | |
Ernie Fosse Co President | 16 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $64,912 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $1,296 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $70,329 |
Total Revenue | $136,537 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,908 |
Occupancy, rent, utilities, and maintenance | $6,551 |
Printing, publications, postage, and shipping | $153 |
Other expenses | $23,901 |
Total expenses | $33,513 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |