HARVEST SEMINARY INC (EIN 770478893) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Phone

4082626258

Tax Period

2023-01-01 to 2023-12-31

HARVEST SEMINARY INC, founded in 1990, is a small nonprofit in the Religion sector that reported $203K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $292K exceeded revenue, resulting in a 44% operating deficit.

Mission

To provide christian theological education in various educational and missionary programs to teach and train students for world wide christian mission.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $161,569

Program Service Revenue $29,253

Investment Income $1,364

Other Revenue $10,867

TOTAL REVENUE $203,053

Expense Breakdown

Grants Paid $1,800

Salaries & Benefits $198,876

Fundraising Expenses $0

Program Expenses $291,744

Other Expenses $91,068

TOTAL EXPENSES $291,744

Year-over-Year Comparison

	2023	2022	Change
Revenue	$203,053	$128,400	+0.6%
Expenses	$291,744	$370,784	-0.2%
Net Income	$-88,691	$-242,384	-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

Governance

Voting Members

Independent Members

N/A

Employees

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

Total Directors

$46,166

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID WONG	Trustee	40.00	Director	$46,166	$0	$46,166
ANMIN CHENG	Trustee	0.00	Director	$0	$0	$0
MICHAEL ZHANG	Trustee	0.00	Director	$0	$0	$0
DAVID CHYAN	Trustee	0.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$203,053	$291,744	$2,393,326	$-88,691
2022	$128,400	$370,784	$2,512,041	$-242,384
2021	$1,119,724	$270,013	$2,775,868	$849,711
2020	$197,962	$235,748	$860,070	$-37,786
2019	$251,275	$265,290	$869,686	$-14,015
2018	$462,401	$288,722	$885,062	$173,679

HARVEST SEMINARY INC