BRITE DIVINITY SCHOOL

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1914

Legal Domicile

Principal Officer

REV DR STEPHEN CADY

Phone

8172577575

Tax Period

2024-06-01 to 2025-05-31

BRITE DIVINITY SCHOOL, founded in 1914, is a mid-sized nonprofit in the Education sector that reported $12.3M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $11.5M left a modest 7% surplus.

Mission

BRITE DIVINITY SCHOOL EDUCATES AND INSPIRES PEOPLE TO SERVE GOD'S DIVERSE WORLD AS LEADERS IN CHURCHES, THE ACADEMY, AND PUBLIC LIFE.

Program Service Accomplishments

Program 1

Expenses: $4,518,052 Revenue: $2,114,525

BRITE DIVINITY SCHOOL EDUCATES AND INSPIRES PEOPLE TO SERVE GOD'S DIVERSE WORLD AS LEADERS IN CHURCHES, THE ACADEMY, AND PUBLIC LIFE. SEE SCHEDULE O FOR MORE.

Program 2

Expenses: $2,153,495 Revenue: $44,720

IN ADDITION TO AND IN SUPPORT OF GRANTING DEGREES, BRITE PROVIDES FIELD EDUCATION TRAINING THROUGH ITS SUPERVISED MINISTRY PROGRAM. STUDENTS ARE PLACED IN A VARIETY OF CHURCHES AND AGENCIES...

IN ADDITION TO AND IN SUPPORT OF GRANTING DEGREES, BRITE PROVIDES FIELD EDUCATION TRAINING THROUGH ITS SUPERVISED MINISTRY PROGRAM. STUDENTS ARE PLACED IN A VARIETY OF CHURCHES AND AGENCIES THROUGHOUT THE AREA TO ENHANCE THE INTEGRATION OF CLASSROOM LEARNING AND MINISTERIAL PRACTICE. THE EXPERIENCE OF STUDENTS IS FURTHER ENRICHED BY RELEVANT SPEAKERS AT WEEKLY CHAPEL SERVICES AND OTHER SPECIALIZED EVENTS. CONTINUING EDUCATION OPPORTUNITIES ARE PROVIDED FOR AREA MINISTERS AND LAY LEADERS, INCLUDING MINISTRY WEEK AND STALCUP SCHOOL FOR THE LAITY.MORE RECENT DEVELOPMENTS IN PROGRAM SERVICE INCLUDE THE CENTER FOR THEOLOGY AND JUSTICE (CTJ), WHICH IS AN INSTITUTIONAL INITIATIVE DESIGNED TO INTEGRATE THEOLOGICAL REFLECTION WITH PRACTICAL ENGAGEMENT IN JUSTICE-ORIENTED ISSUES IN THE CHURCH, ACADEMY, AND SOCIETY.

Program 3

Expenses: $1,472,539 Revenue: $878,370

BRITE'S LEIBROCK VILLAGE APARTMENTS PROVIDE CONVENIENTLY LOCATED AFFORDABLE HOUSING FOR STUDENTS AND THEIR FAMILIES. THE VILLAGE CONSISTS OF 56 UNITS IN THREE SEPARATE BUILDINGS ARRANGED TO PROMOTE COMMUNITY TO THE FULLEST. TWO FULL-TIME STAFF ARE EMPLOYED FOR THE BENEFIT OF THE FACILITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,445,209

Program Service Revenue $3,037,615

Investment Income $5,765,804

Other Revenue $7,260

TOTAL REVENUE $12,255,888

Expense Breakdown

Grants Paid $2,233,407

Salaries & Benefits $4,506,400

Fundraising Expenses $726,767

Program Expenses $8,442,456

Other Expenses $4,714,153

TOTAL EXPENSES $11,453,960

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,255,888	$9,136,364	+0.3%
Expenses	$11,453,960	$11,704,373	0.0%
Net Income	$801,928	$-2,568,009	-1.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$797,420

Total Directors

$342,594

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV DR STEPHEN M CADY II	PRESIDENT	40.00	Officer Director	$303,203	$39,391	$342,594
REV VIRZOLA LAW	CHAIR OF THE BOARD	2.00	Officer Director	$0	$0	$0
REV CAESAR H RENTIE	VICE CHAIR OF BOARD (AS OF 6/2024)	2.00	Officer Director	$0	$0	$0
REV CHARLES F JOHNSON	SECRETARY OF THE BOARD	2.00	Officer Director	$0	$0	$0
MRS JANET M ANDERSON	TRUSTEE	2.00	Director	$0	$0	$0
MRS CANDYCE BLACK-WELLS	TRUSTEE (AS OF 6/2024)	2.00	Director	$0	$0	$0
DR VICTOR J BOSCHINI JR	TRUSTEE	2.00	Director	$0	$0	$0
DR BILL CURTIS	TRUSTEE	2.00	Director	$0	$0	$0
MR J DAVID DICKSON	TRUSTEE	2.00	Director	$0	$0	$0
REV CHRIS DORSEY	TRUSTEE (AS OF 6/2024)	2.00	Director	$0	$0	$0
MR DANIEL J RED GOLDSTEIN	TRUSTEE	2.00	Director	$0	$0	$0
DR BOBBY HAWLEY	TRUSTEE	2.00	Director	$0	$0	$0
MR WILLIAM HENDRIX	TRUSTEE	2.00	Director	$0	$0	$0
MR JEFFREY B KING	TRUSTEE	2.00	Director	$0	$0	$0
REV DR ANDY MANGUM	TRUSTEE	2.00	Director	$0	$0	$0
MR STEPHEN S MOSHER	TRUSTEE	2.00	Director	$0	$0	$0
DR STEFFEN PALKO	TRUSTEE	2.00	Director	$0	$0	$0
REV EVANGELINA PEREZ	TRUSTEE	2.00	Director	$0	$0	$0
REV DR RUSS PETERMAN	TRUSTEE	2.00	Director	$0	$0	$0
MRS BETH RIVERS	TRUSTEE	2.00	Director	$0	$0	$0
REV NATHAN RUSSELL	TRUSTEE (AS OF 6/2024)	2.00	Director	$0	$0	$0
MRS LINDA PILCHER WASSENICH	TRUSTEE	2.00	Director	$0	$0	$0
REV MEG WITMER-FAILE	TRUSTEE	2.00	Director	$0	$0	$0
MR DONALD D WALKER	VP FOR ADVANCEMENT	40.00	Officer	$147,213	$38,879	$186,092
DR MICHAEL ST A MILLER	EXECUTIVE VP & DEAN	40.00	Officer	$159,122	$38,667	$197,789
MS BRITTANY BROOKS-VP BUSFIN	TREAS, ASST SEC (AS OF 7/2024)	40.00	Officer	$61,743	$9,202	$70,945
DR NAMSOON KANG	PROFESSOR	40.00	Highest	$123,682	$19,523	$143,205
DR SHELLY MATTHEWS	PROFESSOR	40.00	Highest	$121,709	$33,234	$154,943
DR BARBARA J MCCLURE	ASSOCIATE PROFESSOR	40.00	Highest	$103,294	$27,555	$130,849
DR CHARLES K BELLINGER	PROFESSOR	40.00	Highest	$101,271	$25,348	$126,619
DR ARIEL FELDMAN	PROFESSOR	40.00	Highest	$100,622	$42,553	$143,175

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	$12,255,888	$11,453,960	$137,045,199	$801,928
2024	$9,136,364	$11,704,373	$135,184,133	$-2,568,009
2023	$17,446,000	$8,747,706	$127,606,231	$8,698,294
2022	$11,041,865	$8,876,532	$130,805,914	$2,165,333
2021	$16,856,485	$9,663,301	$131,791,900	$7,193,184
2020	$11,643,904	$9,503,861	$114,067,639	$2,140,043
2019	$10,610,202	$10,443,151	$112,319,744	$167,051
2018	$12,731,813	$9,769,812	$109,193,403	$2,962,001