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AUBURN THEOLOGICAL SEMINARY



3041 BROADWAY
NEW YORK, NY 10027

GENERAL INFORMATION

Who We Are

TO OFFER CONTINUING EDUCATION COURSES IN THE AREAS OF RELIGION AND THEOLOGY

  • This organization is a 501(c)(3) Public Charity .
  • This organization is required to file an IRS Form 990 or 990-EZ.
  • Financial information in this report is derived from the organization's June 30, 2008 Form 990.
  • Contributions are deductible, as provided by law.

NTEE Code

  • B50—Graduate, Professional(Separate Entities)
EIN: 15-0532053
Year Founded: Information not available
Ruling Year: 1971
Fiscal Year: June 30, 2008
Assets: $35,822,881 (from Jun 30, 2008 Form 990)
No. of Board Members: Information not available
No. of Full-Time Employees: Information not available
No. of Part-Time Employees: Information not available
No. of Volunteers: Information not available

BOARD OF DIRECTORS

Name

Title

BARBARA G. WHEELER PRESIDENT
ANTHONY RUGER SENIOR RESEARCH ASSOCIATE
KATHARINE HENDERSON EXEC. V.P
EILEEN MACHOLL DIR. OF FINANCE & ADMIN.
SHARI BRINK DIRECTOR OF DEVELOPMENT AND COMMUNI
KANYERE EATON BOARD MEMBER
ANNE WAASDORP BOARD MEMBER
JOHN GOLIEB TREASURER
JON NOBLE BOARD MEMBER
ROBERT SVENSON BOARD MEMBER
KATHERINE DOLAN BOARD MEMBER
BETH STRUEVER BOARD MEMBER
BARBARA H. MOSS VICE CHAIR
GUSTAV NIEBUHR BOARD MEMBER
PETER RUBINSTEIN BOARD MEMBER
SUSAN RYAN KESSLER BOARD MEMBER
THOMAS H. YORTY BOARD MEMBER
JAMES HENDERSON BOARD MEMBER
JOSEPH J. MELONE BOARD MEMBER
MARK HOSTETTER CHAIRMAN
STEWART CLIFFORD BOARD MEMBER
STEPHEN KEYSER BOARD MEMBER
CARLSON GERDAU BOARD MEMBER
NANCY S. JENNINGS SECRETARY

MISSION AND PROGRAMS

Mission

TO OFFER CONTINUING EDUCATION COURSES IN THE AREAS OF RELIGION AND THEOLOGY

Programs

  1. LIFELONG LEARNING FOR LAY LEADERS AND CLERGY THROUGH INNOVATIVE EDUCATIONAL PROGRAMS. (BENEFIT TO APPROXIMATELY 3000 STUDENTS AND ATTENDEES AT LECTURES AND PUBLIC PROGRAMS.)
  2. EDUCATION FOR EMERGING LEADERS IN PRESBYTERIAN CHURCH (U.S.A.) IN PARTNERSHIP WITH UNION SEMINARY. (BENEFIT TO APPROXIMATELY 50 STUDENTS.)
  3. RESEARCH THAT ADVANCES THEOLOGICAL EDUCATION THROUGH AUBURN'S CENTER FOR THE STUDY OF THEOLOGICAL EDUCATION. (BENEFIT TO APPROXIMATELY 200 INSTITUTIONS.)

FINANCIAL DATA

Revenues and Expenses: Fiscal Year Ending June 30, 2008

REVENUE  
Contributions $2,450,428
Government Grants $0
Program Services $285,841
Investments $1,215,274
Special Events $286,720
Sales $0
Other $11,087
Total Revenue $4,249,350
EXPENSES  
Program Services $2,998,690
Administration $720,289
Other $315,509
Total Expenses $4,034,488
Net Gain/Loss $214,862

Balance Sheet: Fiscal Year Ending June 30, 2008

Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

ASSETS July 1, 2007 June 30, 2008 Change
Cash & Equivalent $227,373 $952,334 $724,961
Accounts Receivable $49,666 $36,930 ($12,736)
Pledges & Grants Receivable $1,212,520 $648,647 ($563,873)
Receivable / Other $0 $0 $0
Inventories for Sale of Use $0 $0 $0
Investment/Securities $37,119,561 $33,815,038 ($3,304,523)
Investment/Other $0 $0 $0
Fixed Assets $235,154 $202,531 ($32,623)
Other $177,517 $167,401 ($10,116)
Total Assets $39,021,791 $35,822,881 ($3,198,910)
LIABILITIES July 1, 2007 June 30, 2008 Change
Accounts Payable $117,846 $212,978 $95,132
Grants Payable $0 $0 $0
Deferred Revenue $0 $0 $0
Loans and Notes $0 $0 $0
Tax-Exempt Bond Liabilities $0 $0 $0
Other $97,122 $57,414 ($39,708)
Total Liabilities $214,968 $270,392 $55,424
FUND BALANCE $38,806,823 $35,552,489 ($3,254,334)


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