CHINA GRADUATE SCHOOL OF THEOLOGY INC

EIN: 237065664 501(c)(3)

MOUNTAIN VIEW, CA

Total Revenue
$1,300,924
Total Expenses
$866,307
Total Assets
$6,335,681
Net Assets
$6,331,693
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Financial Trends

Organization Details

Formation Year
1943
Legal Domicile
CA
Phone
6509382478
Tax Period
2024-01-01 to 2024-12-31

CHINA GRADUATE SCHOOL OF THEOLOGY INC, founded in 1943, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. The organization ran a surplus of $435K, a strong 33% operating margin.

Mission

SUPPORTING THE GREATER CHINA THEOLOGICAL EDUCATION AND TRAINING FOR THE VISION TO BUILD UP CHINESE CHURCHES TO FACE UNPRECEDENTED CHALLENGES AND OPPORTUNITIES FOR CHURCH GROWTH

Program Service Accomplishments

Program 1
Expenses: $187,748 Revenue: $0

PUTONGHUA THEOLOGY EDUCATION PROJECTS THE DEVELOPMENT OF THEOLOGICAL EDUCATION FOR EQUIPPING PUTONGHUA CHRISTIANS PASTORS AND MARKETPLACE CHRISTIAN LEADERS WORLDWIDE. SEMINARIAN FACULTY-IN...

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PUTONGHUA THEOLOGY EDUCATION PROJECTS THE DEVELOPMENT OF THEOLOGICAL EDUCATION FOR EQUIPPING PUTONGHUA CHRISTIANS PASTORS AND MARKETPLACE CHRISTIAN LEADERS WORLDWIDE. SEMINARIAN FACULTY-IN PREPARATION PROJECTS SUPPORT AND PROVIDE FUNDINGS TO APPLICANTS PURSUING THEIR PHD STUDIES OF PHD STUDY AT US THEOLOGICAL EDUCATION IN THE US. PREPARING THEIR VISION IN MRTURING NEW GENERATIONS OF CHRISTIAN LEADERS TO SERVE THE CHURCHES GLOBALLY.

Program 2
Expenses: $482,013 Revenue: $0

STUDENT BURSARIES AND SCHORSHIP PROJECT SUPPORTS THE FINANCIAL NEEDS FOR EASING THEIR BURDENS YOUNGER STUDENTS WHO HAVE ENROLLED TO FULL TIME PROGRAMME FOR TWO TO THREE YEARS. MINISTRY PREPARATION...

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STUDENT BURSARIES AND SCHORSHIP PROJECT SUPPORTS THE FINANCIAL NEEDS FOR EASING THEIR BURDENS YOUNGER STUDENTS WHO HAVE ENROLLED TO FULL TIME PROGRAMME FOR TWO TO THREE YEARS. MINISTRY PREPARATION FUNDS PROVIDES FINANCIAL SUPPORT FOR FULL-TIME MDIV STUDENTS, EASING THEIR BURDENS AND ENABLING THEM TO FOCUS ON THEIR STUDIES.

Program 3
Expenses: $54,970 Revenue: $0

SUPPORT THE WORD OF LIFE BIBLE STUDY PROJECT TO DEVELOP RESOURCES AND IMPLEMENT THE STUDY OF THE WORD OF GOD SYSTEMATICALLY FOR CHINESE CHURCHES IN THE USA. BIBLE EXPOSITION AND FREE OF CHARGE...

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SUPPORT THE WORD OF LIFE BIBLE STUDY PROJECT TO DEVELOP RESOURCES AND IMPLEMENT THE STUDY OF THE WORD OF GOD SYSTEMATICALLY FOR CHINESE CHURCHES IN THE USA. BIBLE EXPOSITION AND FREE OF CHARGE CLASSES TO REACH CHRISTIANS TO READ AND UNDERSTAND THE BIBLE. IN 2024, WE HAVE THE 20 IN-PERSON WORD OF LIFE BIBLE STUDY SITES IN MAJOR CITIES IN THE UNITED STATES. THE THREE NEW SITES ADDED IN 2024, THE TOTAL ATTENDANCE WAS 7052 IN SPRING, AND FALL. AND THE TOTAL REGISTERED PARTICIPANTS FOR BOTH SESSIONS WERE 1160. IN ADDITION, FIVE (5) 8-week online BIBLE CLASSES HAVE BEEN OFFERED CONSECUTIVELY FOR WORD OF LIFE. STUDENTS WHO COULD NOT ATTEND THE BIBLE STUDY IN PERSON.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,051,625
Program Service Revenue $0
Investment Income $249,299
Other Revenue $0
TOTAL REVENUE $1,300,924

Expense Breakdown

Grants Paid $660,735
Salaries & Benefits $65,909
Fundraising Expenses $0
Program Expenses $724,731
Other Expenses $139,663
TOTAL EXPENSES $866,307

Year-over-Year Comparison

2024 2023 Change
Revenue $1,300,924 $1,355,753 0.0%
Expenses $866,307 $804,421 +0.1%
Net Income $434,617 $551,332 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
1
Volunteers
82

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
7
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH WOO CHAIRMAN 10.00
Officer Director
$0 $0 $0
JACKSON LEUNG VICE CHAIRMAIN 1.50
Officer Director
$0 $0 $0
STEVEN HO SECRETARY 1.50
Officer Director
$0 $0 $0
TONY YIP DIRECTOR OF OPERATION 10.00
Officer Director
$0 $0 $0
TONY WONG TREASURER 5.00
Officer Director
$0 $0 $0
THOMAS TSE ASSIST TREASURER 1.50
Officer Director
$0 $0 $0
CHRISTIOPHER LI COMMITTEE CHAIR 1.50
Officer Director
$0 $0 $0
ANDREW LEE DIRECTOR 1.50
Director
$0 $0 $0
KAI CHAN DIRECTOR 1.50
Director
$0 $0 $0
ALAN LAU ADVISORY BOARD MEMBER 1.50
Director
$0 $0 $0
DICKIE LAU DIRECTOR 1.50
Director
$0 $0 $0
WALLACE MANG DIRECTOR 1.50
Director
$0 $0 $0
CARSON MOK ADVISORY BOARD MEMBER 1.50
Director
$0 $0 $0
JASON CHUI DIRECTOR 1.50
Director
$0 $0 $0
JACQUELINE PAU DIRECTOR 1.50
Director
$0 $0 $0
CHING C LAU DIRECTOR 1.50
Director
$0 $0 $0
NANCY LO DIRECTOR 1.50
Director
$0 $0 $0
JANE LAM DIRECTOR 1.50
Director
$0 $0 $0
PETER NG DIRECTOR 1.50
Director
$0 $0 $0
THOMAS HO DIRECTOR 1.50
Director
$0 $0 $0
VICTOR KWONG DIRECTOR 1.50
Director
$0 $0 $0
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
2024 $1,300,924 $866,307 $6,335,681 $434,617
2023 $1,355,753 $804,421 $5,454,570 $551,332
2022 $1,136,027 $977,247 $4,408,010 $158,780
2021 $2,716,362 $1,186,032 $4,912,963 $1,530,330
2020 $1,459,775 $655,071 $2,782,595 $804,704
2019 $1,798,383 $1,099,384 $1,977,702 $698,999
2018 $1,225,170 $980,729 $1,127,470 $244,441
2018 $1,225,170 $980,729 $1,127,470 $244,441
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