NonprofitsFaith School Of Theology

Faith School Of Theology

CHARLESTON, ME

Total revenue

$2.8M

Total expenses

$2.2M

Net assets

$3.4M

Grants received

$96K

8 grants

EIN

010377494

Tax year

2024

Mission

To mentor students for spirit-filled leadership in ministry, in light of the great commission. While academics are important, the classrooms are not the only learning place. Through a combination of formal instruction, chapel services, practical experience, personal interaction, and discipleship, faith aims to develop the inner man. Faith 's purpose is to produce spirit-filled leaders. At faith, the bible is the chief textbook and jesus is the sovereign lord. Special emphasis is placed upon the student's relationship with god and the sanctifying process which occurs in the believer's heart. A constant spirit of revival pervades the atmosphere. The name of jesus christ is magnified. The holy spirit is invited to interrupt the daily routine at any time.

Financials

FY 2024

Revenue

Contributions & grants$1.9M
Program service revenue$733K
Investment income$161K
Other revenue$1K
Total revenue$2.8M

Expenses

Grants paid$112K
Salaries & benefits$874K
Fundraising$61K
Other expenses$1.2M
Total expenses$2.2M
Total assets$4.0M
Net assets$3.4M

People

10 listed

NameRoleCompensation

REV MATTHEW M WARD

PRESIDENT

Board

$43K

40 hrs/wk

REV BRUCE A BLAKNEY

DIRECTOR

Board

0.04 hrs/wk

REV RANDY V CROZIER

DIRECTOR

Board

0.04 hrs/wk

REV GREG DUNLOP

TREASURER

Board

0.31 hrs/wk

CHAUNDRA R EAGAR

DIRECTOR

Board

0.04 hrs/wk

REV GARRY L HAMILTON

VICE CHAIR

Board

0.04 hrs/wk

GLENN HARVISON

DIRECTOR

Board

0.04 hrs/wk

REV EDWARD C MICHAEL

DIRECTOR

Board

0.04 hrs/wk

REV GARY A STEARN

SECRETARY

Board

0.15 hrs/wk

DR JEFFERY WILLIAMS

CHAIR

Board

0.04 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$15K
UNRESTRICTED GENERAL
2024
$25K
For grant recipient's exempt purposes
2023
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$15K
For grant recipient's exempt purposes
2020
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$40
MIP PAYOUT FOR 10/06/20
2020
$15K
For grant recipient's exempt purposes
2019

Funded by

$96K from 4 funders · 8 grants · 2019–2024

Fidelity Investments Charitable Gift Fund

$75K · 5 grants · 2019–2023

Ervin R Brooks Tuw

$15K · 1 grant · 2024

Verizon Foundation

$40 · 1 grant · 2020

Details

EIN010377494
Subsection03
Ruling date1983-03
Formed1959
Employees87
Volunteers13
FAITH SCHOOL OF THEOLOGY — Mission, Financials & Grants Received | Grantivo