CHRISTIAN WITNESS THEOLOGICAL SEMINARY

EIN: 943109801 501(c)(3)

SAN JOSE, CA

Total Revenue
$3,702,363
Total Expenses
$2,033,593
Total Assets
$11,317,938
Net Assets
$11,077,916
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1973
Phone
4084332280
Tax Period
2024-01-01 to 2024-12-31

CHRISTIAN WITNESS THEOLOGICAL SEMINARY, founded in 1973, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 45% operating margin.

Mission

THE PRIMARY PURPOSE OF CWTS IS TO PREPARE COMMITTED AND COMPETENT MEN AND WOMEN FOR THE MINISTRY OF THE CHURCH OF JESUS CHRIST.

Program Service Accomplishments

Program 1
Expenses: $1,829,416 Revenue: $2,387,669

TEACHING PROGRAM

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,258,375
Program Service Revenue $771,454
Investment Income $672,534
Other Revenue $0
TOTAL REVENUE $3,702,363

Expense Breakdown

Grants Paid $0
Salaries & Benefits $89,133
Fundraising Expenses $1,452
Program Expenses $1,829,416
Other Expenses $1,944,460
TOTAL EXPENSES $2,033,593

Year-over-Year Comparison

2024 2023 Change
Revenue $3,702,363 $2,364,775 +0.6%
Expenses $2,033,593 $1,860,739 +0.1%
Net Income $1,668,770 $504,036 +2.3%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
18
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
2
$89,133
Total Directors
9
$89,133
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUKE M TSAI President 40.00
Officer Director
$89,133 $0 $89,133
JEFFREY S LU Chairman 0.00
Director
$0 $0 $0
PATRICK AUYEUNG BOARD MEMBER 0.00
Director
$0 $0 $0
HAIFENG CHEN BOARD MEMBER 0.00
Director
$0 $0 $0
JIAN SHAN BOARD MEMBER 0.00
Director
$0 $0 $0
LINK JAW Treasurer 0.00
Officer Director
$0 $0 $0
JOHN CHEN Vice Chairman 0.00
Director
$0 $0 $0
JOB LEE Secretary 0.00
Director
$0 $0 $0
SHIRLEY SOONG BOARD MEMBER 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
2024 $3,702,363 $2,033,593 $11,317,938 $1,668,770
2023 $2,364,775 $1,860,739 $9,691,556 $504,036
2022 $1,913,056 $1,762,442 $9,069,804 $150,614
2021 $2,206,699 $1,591,801 $9,237,868 $614,898
2020 $2,450,739 $1,499,311 $8,695,445 $951,428
2019 $1,538,307 $1,515,508 $7,661,343 $22,799
2018 $1,615,783 $1,453,487 $7,564,667 $162,296
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHRISTIAN WITNESS THEOLOGICAL SEMINARY with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.