PLYMOUTH, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CENTRAL BAPTIST THEOLOGICAL SEMINARY, founded in 1956, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.7M exceeded revenue, resulting in a 12% operating deficit.
The mission of Central Baptist Theological Seminary is to assist New Testament churches in equipping spiritual leaders for Christ-exalting biblical ministry.
Seminary-The purpose of Central Seminary is to prepare, at the graduate level, men and women whom God has called to his service for separatist Baptist witness and work at home and abroad. Graduates...
Seminary-The purpose of Central Seminary is to prepare, at the graduate level, men and women whom God has called to his service for separatist Baptist witness and work at home and abroad. Graduates are granted diplomas for theological ministry preparation. Degrees included Master of Arts in Theological Studies, Masters of Divinity, Masters of Theology, and PhD in Theology.
WCTS-Develop and deliver broadcast programming to inform and edify Christians and encourage others to consider the claims of Jesus Christ. Broadcasting in an AM, non- commercial station format to the...
WCTS-Develop and deliver broadcast programming to inform and edify Christians and encourage others to consider the claims of Jesus Christ. Broadcasting in an AM, non- commercial station format to the great Twin Cities and also via the internet 24 hours per day. Long term goals include the increasing of night time power for the greater Twin Cities area as well as continue providing quality programming covering biblical preaching/teaching and God honoring music.
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 | $1,553,162 | $1,306,784 | +0.2% |
| Expenses | $1,732,192 | $1,523,288 | +0.1% |
| Net Income | $-179,030 | $-216,504 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| Luke Forman | Treasurer | 015.00 |
Officer
Director
|
$0 | $9,375 | $19,434 |
| Matt Morrell | President | 005.00 |
Officer
Director
|
$0 | $8,750 | $15,512 |
| Tim Emslie | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Timothy Graham | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Ronald Groschel | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Don Steinhart | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Craig Muri | Chairman of the Board | 002.00 |
Director
|
$0 | $0 | $0 |
| Donald Oglivie | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Randall Quiring | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Mark Stuckey | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Marlon Mielke | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Jay Russell | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Douglas Mclachlan | Chancellor | 002.00 |
Director
|
$0 | $0 | $0 |
| Steven Bauder | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Emmanuel Malone | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Donald Odens | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Lee Ormiston | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Shad Vork | Board Secretary | 002.00 |
Director
|
$0 | $0 | $0 |
| Doug Roman | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Jeff King | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Victor Clay | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Sam Macalus | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Newton Guillen | Board Member | 002.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,553,162 | $1,732,192 | $6,220,390 | $-179,030 |
| 2024 | $1,306,784 | $1,523,288 | $6,003,175 | $-216,504 |
| 2023 | $2,622,195 | $1,558,109 | $5,883,782 | $1,064,086 |
| 2022 | $1,553,983 | $1,465,368 | $4,526,141 | $88,615 |
| 2021 | $1,539,130 | $1,298,113 | $4,705,041 | $241,017 |
| 2020 | $1,451,613 | $1,259,223 | $4,293,491 | $192,390 |
| 2019 | $1,652,119 | $1,240,416 | $3,889,792 | $411,703 |
| 2018 | $1,080,047 | $1,281,597 | $3,446,665 | $-201,550 |
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