NonprofitsLuther Rice University Inc

Luther Rice University Inc

LITHONIA, GA

Total revenue

$4.3M

Total expenses

$4.2M

Net assets

$7.4M

Grants received

$116K

6 grants

EIN

591197022

Tax year

2023

Mission

The mission of Luther Rice College & Seminary is to serve the church and community by providing biblically based on-campus and distance education to Christian men and women for ministry and the marketplace with an end to granting undergraduate and graduate degrees.

Programs

2 programs

Academic Support

Expenses: $622K

Student Services

Expenses: $597K

Financials

FY 2023

Revenue

Contributions & grants$314K
Program service revenue$3.7M
Investment income$330K
Other revenue$8K
Total revenue$4.3M

Expenses

Grants paid$266K
Salaries & benefits$2.6M
Fundraising$70K
Other expenses$1.4M
Total expenses$4.2M
Total assets$8.3M
Net assets$7.4M

People

14 listed

NameRoleCompensation

Ken Stokes

V P for Information Technol

Board

$106K

40 hrs/wk

Evan Posey

Executive V P and Provost

Board

$101K

40 hrs/wk

Steven Steinhilber

President

Board

$92K

40 hrs/wk

Kenneth Kuffrey

V P for Financial Affairs

Board

$87K

40 hrs/wk

Gary Jarnagin

Former Trustee

Board

$50

1 hrs/wk

Robert Williams

Trustee

Board

$50

1 hrs/wk

Bill Houck

Trustee

Board

$50

1 hrs/wk

Lou Souders

Trustee

Board

1 hrs/wk

Brent Purvis

Former Trustee

Board

1 hrs/wk

Tom Powell

Trustee

Board

1 hrs/wk

Daryl Edwards

Trustee

Board

1 hrs/wk

Deborah Wilson

Trustee

Board

1 hrs/wk

Pete Rockett

Trustee

Board

1 hrs/wk

Mark Riser

Former Trustee

Staff

$100

0

Grants received

Showing 6 of 6

FromAmountPurposeYear
$9K
BIBLICAL EDUCATION SCHOLARSHIP
2024
$8K
BIBLICAL EDUCATION SCHOLARSHIP
2023
$3K
Support for University Operations
2020
$13
EMPLOYEE MATCHING GRANT
2020

Funded by

$116K from 5 funders · 6 grants · 2020–2024

Natl Christian Charitable Fdn Inc

$36K · 1 grant · 2023

Miracle Making Ministries Inc

$17K · 2 grants · 2023–2024

The Rawlings Foundation Inc

$3K · 1 grant · 2020

Ibm International Foundation

$13 · 1 grant · 2020

Details

EIN591197022
Subsection03
Ruling date1965-04
Formed1962
Employees63
LUTHER RICE UNIVERSITY INC — Mission, Financials & Grants Received | Grantivo