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

THE SOCIETY FOR THE ADVANCEMENT OF ECCLESIAL THEOLOGY, founded in 2007, is a small nonprofit in the Religion sector that reported $533K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $943K exceeded revenue, resulting in a 77% operating deficit.

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.

Program Service Accomplishments

Program 1

SYMPOSIUMS, CONFERENCES, AND FELLOWSHIPEMPOWERING PASTOR THEOLOGIANS TO LEAD THRIVING CONGREGATIONS THAT NUTURE FAITHFUL CHRISTIANS WHO CULTIVATE RENEWED COMMUNITIES.

Program 2

SIX SYMPOSIA. SERVES 20-25 PERSONS EACH (AROUND 120-125 TOTAL) AND ARE TWO-AND-A-HALF DAY EVENTS EACH.

🔒

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
2025 No data No data No data No data
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.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.