Gordon-Conwell Theological Seminary Inc

EIN: 042463847 501(c)(3) Education

South Hamilton, MA

Total Revenue
$28,849,399
Total Expenses
$30,563,412
Total Assets
$107,442,714
Net Assets
$94,133,906
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
MA
Principal Officer
Scott W Sunquist
Phone
9784687111
Tax Period
2022-07-01 to 2023-06-30

Gordon-Conwell Theological Seminary Inc, founded in 1970, is a mid-sized nonprofit in the Education sector that reported $28.8M in total revenue in fiscal year 2022. Net assets of $94.1M represent 39 months of operating reserves.

Mission

The Seminary provides graduate education in theology and religion.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $7,978,040
Program Service Revenue $18,162,720
Investment Income $2,601,935
Other Revenue $106,704
TOTAL REVENUE $28,849,399

Expense Breakdown

Grants Paid $6,844,328
Salaries & Benefits $13,400,508
Fundraising Expenses $1,005,589
Program Expenses $24,882,838
Other Expenses $10,305,576
TOTAL EXPENSES $30,563,412

Year-over-Year Comparison

2022 2021 Change
Revenue $28,849,399 $30,087,135 0.0%
Expenses $30,563,412 $29,504,413 +0.0%
Net Income $-1,714,013 $582,722 -3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
22
Employees
484
Volunteers
95

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$399,114
Total Directors
22
$253,636
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Aliya F Browne Trustee 1.00
Director
$0 $0 $0
Barry Corey Trustee 1.00
Director
$0 $0 $0
Caleb Loring III Trustee 1.00
Director
$0 $0 $0
Diana Curren Bennett Vice-Chairman 1.00
Officer Director
$0 $0 $0
Gabriel Salguero Trustee 1.00
Director
$0 $0 $0
Garth T Bolinder Trustee 1.00
Director
$0 $0 $0
Gerald L Hector Treasurer 1.00
Director
$0 $0 $0
Lenny Moon Trustee 1.00
Director
$0 $0 $0
Michele Breene Trustee 1.00
Director
$0 $0 $0
Patti W Avery Secretary 1.00
Officer Director
$0 $0 $0
Peter G James Trustee 1.00
Director
$0 $0 $0
Priscilla H Lee Trustee 1.00
Director
$0 $0 $0
R Bruce Bradley Trustee 1.00
Director
$0 $0 $0
Robert C Doll Trustee 1.00
Director
$0 $0 $0
Scott W Sunquist President 50.00
Officer Director
$142,486 $111,150 $253,636
Shirley A Redd Trustee 1.00
Director
$0 $0 $0
Soon Chung Trustee 1.00
Director
$0 $0 $0
Stan D Gaede Trustee 1.00
Director
$0 $0 $0
Ivan C Hinrichs Trustee 1.00
Director
$0 $0 $0
Daniel Vogelzang Trustee 1.00
Director
$0 $0 $0
J Christy Wilson III Interim Chairman 1.00
Officer Director
$0 $0 $0
Chi Kong Shue Trustee 1.00
Director
$0 $0 $0
Gregg C Hansen Chief Financial Officer 50.00
Officer
$122,705 $22,773 $145,478
Alex Koh VP of Strategy and CIO 50.00
Highest
$145,013 $23,713 $168,726
Brian Gardner VP of Advancement 50.00
Highest
$131,974 $6,630 $138,604
Gerald E Wheaton Professor 50.00
Highest
$117,900 $4,692 $122,592
Jeffrey D Arthurs Professor 50.00
Highest
$125,012 $14,071 $139,083
Mateus Ferraz De Campos Dean of Hamilton Campus 50.00
Highest
$121,841 $22,342 $144,183
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $28,849,399 $30,563,412 $107,442,714 $-1,714,013
2022 $30,087,135 $29,504,413 $105,897,349 $582,722
2021 $30,704,023 $29,252,159 $116,606,718 $1,451,864
2020 $36,912,582 $31,429,563 $105,742,283 $5,483,019
2019 $31,063,122 $33,553,390 $102,647,949 $-2,490,268
2018 $32,733,685 $33,343,637 $103,148,398 $-609,952
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