Arts, Culture & Humanities
(A33)
990 on File
ASSOCIATION OF BOARDS IN THEOLOGICAL EDUCATION IN TRUST
Financial strength (30%)
77/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$670K
Total Revenue
$3.2M
Total Expenses
$19.2M
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.0%
Fundraising Efficiency
N/A
Operating Reserve
70.87x
Liability-to-Asset
1.6%
Revenue Diversification
70.6%
Executive Compensation
$491K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.0% | 77.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.9% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.2% | 5.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
70.9 mo | 16.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.6% | 10.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
70.6% | 74.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-85.5% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.0% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-384.7% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $670K | $3.2M | $19.2M | 88.0% | 9 |
| 2023 | $4.6M | $2.9M | $21.0M | 86.5% | 9 |
| 2022 | $8.7M | $3.1M | $17.7M | 85.5% | 8 |
| 2021 | $2.2M | $2.6M | N/A | — | 10 |
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