GALILEAN THEOLOGICAL CENTER

EIN: 834400020 501(c)(3) Religion

Cleveland, OH

Total Revenue
$318,266
Total Expenses
$292,420
Total Assets
$234,728
Net Assets
$234,728
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
OH
Principal Officer
FELIX MUNIZ
Phone
2164088802
Tax Period
2025-01-01 to 2025-12-31

GALILEAN THEOLOGICAL CENTER, founded in 2007, is a small nonprofit in the Religion sector that reported $318K in total revenue in fiscal year 2025. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $292K left a modest 8% surplus.

Mission

GTC is a 501c3 nonprofit organization that provides introductory theological education and job readiness skills to individuals interested in ministry. This is a two year ministerial program that allows individuals to continue graduate studies as bachelors exempt students at Ashland theological Seminary. We served over 200 students (estimate) a year.

Program Service Accomplishments

Program 1
Expenses: $136,296 Revenue: $302,445

GTC-Theological Education Program. Have served over 160 students. Fifteen students completed the program and are eligible to continue graduate studies at Ashland Theological. GTC serves...

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GTC-Theological Education Program. Have served over 160 students. Fifteen students completed the program and are eligible to continue graduate studies at Ashland Theological. GTC serves Hispanic/Latino clergy and leaders who doesn't have access to seminaries or bible colleges due to language. formal education, and finances. GTC Substance Abuse Training and Educational Program trains Hispanic/Latino Clergy and Church Leaders as well as Hispanic Social Workers on how to do assessment, Individual Therapy, Group Therapy and Referrals with individuals that has substance use disorders. Thirty participants were served and certified. GTC Thriving Church Ministry Program provides mentoring for young pastors and trains them how to do wholistic ministry.

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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 (2025)

Revenue Breakdown

Contributions & Grants $318,266
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $318,266

Expense Breakdown

Grants Paid $0
Salaries & Benefits $165,200
Fundraising Expenses $0
Program Expenses $136,296
Other Expenses $127,220
TOTAL EXPENSES $292,420

Year-over-Year Comparison

2025 2024 Change
Revenue $318,266 $201,550 +0.6%
Expenses $292,420 $204,753 +0.4%
Net Income $25,846 $-3,203 -9.1%
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

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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
9
Independent Members
8
Employees
4
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
5
$99,500
Total Directors
8
$0
Key Employees
1
$99,500
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Felix Muniz Executive Director 60
Officer Key Emp Highest
$99,500 $0 $99,500
Jimmy Rivera Vice President 1
Officer Director
$0 $0 $0
Maria Colon Treasurer 1
Officer Director
$0 $0 $0
Carmen Gonzalez Secretary 1
Officer Director
$0 $0 $0
Miguelina Muniz President 1
Officer Director
$0 $0 $0
Irwin F Caraballo Board Director 1
Director
$0 $0 $0
Lumar Vargas Board Director 1
Director
$0 $0 $0
Ramonita Garcia Board Director 1
Director
$0 $0 $0
Elizabeth Roman Board Director 1
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 $318,266 $292,420 $234,728 $25,846
2024 $201,550 $204,753 $208,882 $-3,203
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