THE SOCIETY FOR THE ADVANCEMENT OF ECCLESIAL THEOLOGY

EIN: 262742007 501(c)(3) Religion

OAK PARK, IL

Total Revenue
$532,960
Total Expenses
$942,777
Total Assets
$1,476,861
Net Assets
$-616,224
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IL
Principal Officer
JOEL LAWRENCE
Phone
7083863900
Tax Period
2023-07-01 to 2024-06-30

SOCIETY FOR THE ADVANCEMENT OF ECCLESIAL THEOLOGY, founded in 2007, is a small nonprofit in the Religion sector that reported $479K in total revenue in fiscal year 2019. Revenue surged 228% from the prior year, signaling strong growth momentum.

Mission

TO EQUIP PASTORS TO BE THEOLOGIANS FOR TODAY'S COMPLEX WORLD THUS HAVING PASTOR THEOLOGIANS LEAD THRIVING CONGREGATIONS THAT NURTURE FAITHFUL CHRISTIANS WHO CULTIVATE RENEWED COMMUNITIES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $519,148
Program Service Revenue $13,812
Investment Income $0
Other Revenue $0
TOTAL REVENUE $532,960

Expense Breakdown

Grants Paid $0
Salaries & Benefits $528,631
Fundraising Expenses $0
Other Expenses $414,146
TOTAL EXPENSES $942,777

Year-over-Year Comparison

2023 2022 Change
Revenue $532,960 $580,549 -0.1%
Expenses $942,777 $843,938 +0.1%
Net Income $-409,817 $-263,389 +0.6%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
10
Volunteers
N/A

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
3
$113,919
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL LAWRENCE 101524 President 0.00
Officer
$113,919 $0 $113,919
MATTHEW SHEEHAN BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES SAMRA BOARD MEMBER 0.00
Director
$0 $0 $0
DOUGLAS SWEENEY BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS CASTALDO BOARD MEMBER 1.00
Director
$0 $0 $0
AMY PEELER BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN ELLIOTT BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM OSBORNE BOARD MEMBER 1.00
Director
$0 $0 $0
MATT O'REILLY BOARD MEMBER 1.00
Director
$0 $0 $0
GERALD HIESTAND BOARD CHAIRMAN 2.00
Officer
$0 $0 $0
TODD WILSON RETIRE 101524 President 40.00
Officer
$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 $532,960 $942,777 $1,476,861 $-409,817
2023 $580,549 $843,938 $814,625 $-263,389
2023 No data No data No data No data
2022 $662,953 $659,850 $334,816 $3,103
2020 $656,250 $681,255 $197,695 $-25,005
2019 $479,249 $481,028 $48,994 $-1,779
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE SOCIETY FOR THE ADVANCEMENT OF ECCLESIAL THEOLOGY with other nonprofits in Illinois and across the country.