EVANGELICAL TRAINING ASSOCIATION

EIN: 362170850 501(c)(3)

CALUMET CITY, IL

Total Revenue
$164,631
Total Expenses
$166,374
Total Assets
$65,402
Net Assets
$32,877
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1930
Legal Domicile
IL
Principal Officer
YVONNE THIGPEN
Phone
7088323362
Tax Period
2019-06-01 to 2020-05-31

EVANGELICAL TRAINING ASSOCIATION, founded in 1930, is a small nonprofit that reported $165K in total revenue in fiscal year 2019. Revenue decreased 10% compared to the prior year.

Mission

TO PROMOTE HIGH STANDARDS OF CHRISTIAN EDUCATION AMONG MEMBER SCHOOLS AND OTHER INSTITUTIONS AND TO PROVIDE PROGRAMS, MATERIALS AND SERVICES TO ASSIST CHURCHES AND LAITY IN EQUIPPING LEADERS FOR MINISTRY

Program Service Accomplishments

Program 1
Expenses: $89,017 Revenue: $160,278

DISTRIBUTION OF TRAINING MATERIALS - ETA PROVIDES QUALITY CHRISTIAN TRAINING RESOURCE MATERIALS FOR MEMBER COLLEGES, UNIVERSITIES, SEMINARIES, INSTITUTES AND CHURCHES. ETA HAS APPROXIMATELY 75 MEMBER...

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DISTRIBUTION OF TRAINING MATERIALS - ETA PROVIDES QUALITY CHRISTIAN TRAINING RESOURCE MATERIALS FOR MEMBER COLLEGES, UNIVERSITIES, SEMINARIES, INSTITUTES AND CHURCHES. ETA HAS APPROXIMATELY 75 MEMBER ORGANIZATIONS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $23,604
Investment Income $0
Other Revenue $141,027
TOTAL REVENUE $164,631

Expense Breakdown

Grants Paid $0
Salaries & Benefits $86,372
Fundraising Expenses $0
Program Expenses $89,017
Other Expenses $80,002
TOTAL EXPENSES $166,374

Year-over-Year Comparison

2019 2018 Change
Revenue $164,631 $181,937 -0.1%
Expenses $166,374 $151,537 +0.1%
Net Income $-1,743 $30,400 -1.1%
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
4
Independent Members
3
Employees
1
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
$81,821
Total Directors
4
$81,821
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YVONNE E THIGPEN PRESIDENT 40.00
Officer Director
$81,821 $0 $81,821
DR STANLEY LONG CHAIRMAN 1.00
Officer Director
$0 $0 $0
DR GREG CARLSON SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DR CARL KING DIRECTOR 1.00
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
2020 $164,631 $166,374 $65,402 $-1,743
2019 $181,937 $151,537 $51,605 $30,400
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