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New York · Nonprofit

NORTHEASTERN SEMINARY

NORTHEASTERN SEMINARY (New York) receives grants from 7 organizations whose IRS filings report $1,487,887 to it, the largest being LILLY ENDOWMENT INC ($1,274,586). 6 of them have funded it in more than one year.

Revenue FY2024
$1.8M
Funders on record
7
Grants received
$1.5M
Net assets
$0
6/7 repeat funderspeak grant-dependency 41%
01What it does

What Northeastern Seminary does

Mission

Northeastern Seminary strives to be a vibrant source for christian theological formation whose students are formed in a biblical vision of gracious christianity and impact wholeness to the world in an expansive array of vocations and contexts.

As stated on its FY2024 Form 990.

Program

On its FY2023 return the organization reported a significant change in how it conducts a program.

As of 6/30/2024, Northeastern Seminary merged with roberts weslyan university.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. To prepare men and women for christian ministry, both lay and ordained rooted in classical christian faith, the seminary creatively seeks to equip its students for ministry to contemporary culture.

    $1,470,493 spentof which $185,847 as grants$1,611,802 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $1,470,493.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.2M) Expenses 100 ($1.8M) Net assets 100 ($5.0M)2018 Revenue 209 ($2.6M) Expenses 112 ($2.0M) Net assets 115 ($5.8M)2019 Revenue 175 ($2.2M) Expenses 115 ($2.1M) Net assets 123 ($6.2M)2020 Revenue 156 ($1.9M) Expenses 105 ($1.9M) Net assets 124 ($6.3M)2021 Revenue 164 ($2.0M) Expenses 117 ($2.1M) Net assets 142 ($7.2M)2022 Revenue 197 ($2.4M) Expenses 134 ($2.4M) Net assets 135 ($6.8M)2023 Revenue 248 ($3.1M) Expenses 152 ($2.7M) Net assets 142 ($7.2M)2024 Revenue 147 ($1.8M) Expenses 106 ($1.9M) Net assets 0 ($0)
'17'18'19'20'21'22'23'24
Revenue (147)Expenses (106)Net assets (0)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $9.3M to $0 (−100%).

$7.1M
$7.0M
$7.1M
$7.1M
$8.4M
$8.1M
$9.3M
$0
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2020 1% · 2021 7% · 2022 21% · 2023 1%. Grants only. Government contracts and fees sit inside program revenue.

11% of NORTHEASTERN SEMINARY’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$567k
’17
$556k
’18
$85k
’19
$24k
’20
−$73k
’21
$20k
’22
$330k
’23
−$97k
’24
4.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Terry Taber

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed3025282829303131
Joined·+3+3+2+7+5+5+10
No longer listed·80264410
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $7k → $1.3M.

3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $1.1M from one payer (the payer shares this organization's board, largest Roberts Wesleyan University). These are real filings, and they are not money NORTHEASTERN SEMINARY raised.

From the IRS filings of NORTHEASTERN SEMINARY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NORTHEASTERN SEMINARY leans on a few funders — its largest provides 86% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

86%
largest funder
96%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 53% · 2021 62% · 2022 41% · 2023 97% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

NORTHEASTERN SEMINARY draws 95% of its grant income from funders outside New York, across 3 states in all.

NY
IN
OK

In-state vs out-of-state, by year

’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $127k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NORTHEASTERN SEMINARY's funding base is broadening — from 1 funders to 5 as grant income climbed.

Operating margin−5% · bottom quartile
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 11,761 education nonprofits $1M–$10M, FY2024

Government funding NORTHEASTERN SEMINARY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $581k on record.

Federal$581k
grants $581kcontracts $0
20
21
Top agencies
  • Department of Education$581k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NORTHEASTERN SEMINARY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 18%Fundraising 5%

Governance

21
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 2 related entities

  • Roberts Wesleyan University · exempt
  • Housing Development Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NORTHEASTERN SEMINARY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NORTHEASTERN SEMINARY?
NORTHEASTERN SEMINARY (New York) receives grants from 7 organizations whose IRS filings report $1,487,887 to it, the largest being LILLY ENDOWMENT INC ($1,274,586). 6 of them have funded it in more than one year.
How many funders does NORTHEASTERN SEMINARY have?
IRS filings report 7 organizations giving $1,487,887 in grants to NORTHEASTERN SEMINARY, 6 of which have funded it in more than one year.
Who is the largest funder of NORTHEASTERN SEMINARY?
LILLY ENDOWMENT INC is the largest funder on record, with $1,274,586 in grants. The full list of funders is on this page.
How can an organization like NORTHEASTERN SEMINARY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing