NEIGHBORHOOD SEMINARY

EIN: 843162703 501(c)(3) Religion

CLAYTON, NC

Total Revenue
$144,697
Total Expenses
$219,241
Total Assets
$114,384
Net Assets
$114,384
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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NC
Principal Officer
LYNNE CALDWELL
Phone
8563623173
Tax Period
2021-07-01 to 2022-06-30

NEIGHBORHOOD SEMINARY, founded in 2019, is a small nonprofit in the Religion sector that reported $145K in total revenue in fiscal year 2021. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $219K exceeded revenue, resulting in a 52% operating deficit.

Mission

NEIGHBORHOOD SEMINARY PROVIDES ROBUST MISSIONAL, SPIRITUAL, THEOLOGICAL AND PRACTICAL FORMATION TO EQUIP LAY PEOPLE TO MINISTER IN THEIR HOME, NEIGHBORHOOD, WORKPLACE, AND COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $13,250

IN THE ANTI-RACIST EVANGELISM THROUGH NEW FAITH COMMUNITIES COHORT PROGRAM, PARTICIPANTS LEARN HOW TO DEVELOP NEW, SMALL SPIRITUAL COMMUNITIES IN THEIR OWN NEIGHBORHOODS BY HELPING THEIR...

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IN THE ANTI-RACIST EVANGELISM THROUGH NEW FAITH COMMUNITIES COHORT PROGRAM, PARTICIPANTS LEARN HOW TO DEVELOP NEW, SMALL SPIRITUAL COMMUNITIES IN THEIR OWN NEIGHBORHOODS BY HELPING THEIR NEIGHBORHOODS FLOURISH. PARTICIPANTS LEARN HOW TO RECOGNIZE GOD ALREADY AT WORK IN LOCAL NEIGHBORHOODS, AND HOW TO SEE, HONOR, AND PARTNER WITH THE STRENGTHS IN ANY NEIGHBORHOOD. THIS COURSE ALSO INTEGRATES WISDOM AND BEST PRACTICES IN HEALING THE WOUNDS OF RACISM, BECAUSE IN OUR WORLD WE CANNOT THINK ABOUT NEIGHBORHOOD FLOURISHING WITHOUT THINKING ABOUT HEALING (AND PREVENTING) THE WOUNDS OF RACISM.

Program 2
Expenses: $13,250

THE LOVING THE HELL OUT OF YOUR NEIGHBORHOOD PROGRAM IS A SIX WEEK INTRODUCTION TO TRAUMA-INFORMED MINISTRY THAT HELPS PARTICIPANTS UNDERSTAND THE NATURE AND SOME COMMON CONSEQUENCES OF TRAUMA, SO AS...

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THE LOVING THE HELL OUT OF YOUR NEIGHBORHOOD PROGRAM IS A SIX WEEK INTRODUCTION TO TRAUMA-INFORMED MINISTRY THAT HELPS PARTICIPANTS UNDERSTAND THE NATURE AND SOME COMMON CONSEQUENCES OF TRAUMA, SO AS TO BE ABLE TO OFFER AN EMPATHETIC AND COMPASSIONATE MINISTRY OF PRESENCE WITH NEIGHBORS AND NEIGHBORHOODS EXPERIENCING TRAUMA. THE COURSE IS BASED ON SIX THEMES: 1) DITCHING THE LABELS, 2) OPENING OURSELVES TO LOVE, 3) FROM VIOLENCE TO VULNERABILITY, 4) SEEING THE DIVINE IMAGE IN EVERYONE, 5) ASKING A NEW SET OF QUESTIONS, 6) LIVING A LIFE OF GRACE.

Program 3
Expenses: $13,250

THE COLOR OF COMPROMISE PROGRAM IS A TEN-WEEK BOOK STUDY OF JAMAR TISBY'S BOOK, THE COLOR OF COMPROMISE. THIS PROGRAM IS DESIGNED FOR THOSE INTERESTED IN 1) SEEKING DEEPER UNDERSTANING OF AMERICA'S...

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THE COLOR OF COMPROMISE PROGRAM IS A TEN-WEEK BOOK STUDY OF JAMAR TISBY'S BOOK, THE COLOR OF COMPROMISE. THIS PROGRAM IS DESIGNED FOR THOSE INTERESTED IN 1) SEEKING DEEPER UNDERSTANING OF AMERICA'S RACIALIZED CULTURE, 2) STRENGTHENING PRACTICES IN THE WORK OF RACIAL JUSTICE AS DISCIPLESHIPE, AND 3) SEEKING OUT WAYS TO PURSUE BECOMING A BELOVED COMMUNITY. THIS PROGRAM PROVIDES AN IN-DEPTH DISGNOSIS FOR A RACIALLY DIVIDED AMERICAN CHURCH AND SUGGESTS WAYS TO FOSTER A MORE EQUITABLE AND INCLUSIVE ENVIRONMENT AMONG GOD'S PEOPLE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $82,425
Program Service Revenue $62,272
Investment Income $0
Other Revenue $0
TOTAL REVENUE $144,697

Expense Breakdown

Grants Paid $0
Salaries & Benefits $71,146
Fundraising Expenses $0
Program Expenses $132,499
Other Expenses $148,095
TOTAL EXPENSES $219,241

Year-over-Year Comparison

2021 2020 Change
Revenue $144,697 $262,580 -0.4%
Expenses $219,241 $96,625 +1.3%
Net Income $-74,544 $165,955 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
7

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
$72,235
Total Directors
7
$72,235
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNNE CALDWELL INTERIM PRES 1.50
Officer Director
$47,490 $0 $47,490
DINA HELDERMAN TREASURER/SE 2.00
Officer Director
$14,539 $0 $14,539
ELAINE HEATH EDU. CONSULT 1.00
Officer Director
$10,206 $0 $10,206
BETH CRISSMAN MEMBER-AT-LA 1.00
Director
$0 $0 $0
ANTHONY EVERETTE MEMBER-AT-LA 1.00
Director
$0 $0 $0
STERLING FREEMAN CHAIR 1.50
Officer Director
$0 $0 $0
TIMOTHY VAUGHN PAST TREASUR 1.00
Officer 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
2022 $144,697 $219,241 $114,384 $-74,544
2021 $262,580 $96,625 $188,928 $165,955
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