DETROIT, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ECUMENICAL THEOLOGICAL SEMINARY, founded in 1980, is a small nonprofit in the Education sector that reported $910K in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 22% operating deficit.
To develop faithful and effective church and community leaders for the mission of the church of the world.
The Ecumenical Theological Seminary provides a multi-confessional Christian theological education within an urban context, while initiating interfaith engagement. Our approach creates spiritual...
The Ecumenical Theological Seminary provides a multi-confessional Christian theological education within an urban context, while initiating interfaith engagement. Our approach creates spiritual leadership through personal transformation, social responsibility, critical reflection and academic rigor. ETS graduates are prepared to lead communities of faith while sharing Gods compassion in relationship to carious ecumenical interfaith, political, social, economical and cultural contexts. The seminary confers the Doctor of Ministry, the Master of Divinity, the Master of Arts in Pastoral Ministry, the Master of Arts, and the Urban Ministry Diploma. Courses are open to clergy and laity for adult or continuing education. Students are primarily from Southeastern Michigan and surrounding areas. The seminary is supported through tuition, fees and contributions.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $910,198 | $1,584,087 | -0.4% |
| Expenses | $1,106,562 | $1,137,093 | 0.0% |
| Net Income | $-196,364 | $446,994 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dr Kenneth Harris | President | 32.00 |
Director
|
$67,392 | $0 | $67,392 |
| Dr Theodore Turman | President | 32.00 |
Director
|
$23,323 | $0 | $23,323 |
| Monique Marks | Board Chair | 2.00 |
Director
|
$0 | $0 | $0 |
| Bishop Donald Kreiss | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Ronald Wagner Esq | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Freda Sampson | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Charles Rivers | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Charles Adams | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Andrew Brown Jr | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $910,198 | $1,106,562 | $5,879,965 | $-196,364 |
| 2024 | $1,584,087 | $1,137,093 | $5,492,961 | $446,994 |
| 2023 | $1,109,018 | $1,173,986 | $5,056,284 | $-64,968 |
| 2022 | $328,949 | $1,216,758 | $5,082,590 | $-887,809 |
| 2021 | $2,381,526 | $1,106,526 | $6,102,185 | $1,275,000 |
| 2020 | $1,072,501 | $1,048,394 | $4,836,053 | $24,107 |
| 2019 | $1,053,666 | $1,081,946 | $4,679,397 | $-28,280 |
| 2018 | $4,636,043 | $1,161,079 | $4,754,947 | $3,474,964 |
Compare ECUMENICAL THEOLOGICAL SEMINARY with other nonprofits in Michigan and across the country.