CONCORDIA LUTHERAN THEOLOGICAL SEMINARY-ONTARIO
Charitable organizationTeaching institutions·470 GLENRIDGE AVENUE · ST CATHARINES, ON · L2T 4C3·BN 118871938RR0001·website ↗
Last reported: F2024 filing · period ending 2024-06-30
What it does — in its own words
Ongoing programs
CONCORDIA LUTHERAN THEOLOGICAL SEMINARY PROVIDES TRAINING PRIMARILY FOR CERTIFYING CANDIDATES FOR MINISTRY WITHIN LUTHERAN CHURCH CANADA. THERE ARE TWO PROGRAMS STREAMS. A TWO YEAR MASTER OF THEOLOGICAL STUDIES AND A FOUR YEAR MASTER OF DIVINITY.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.
Cents to cause
T1 · computed (open data)86¢
Per its F2024 T3010, 86¢ of each dollar spent went to programs.
Sector median: 89¢ across 55,155 computed charities.
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)14%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Reserves
T1 · computed (open data)1.2 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$1.4M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)32%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)0%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-06-30 | $1.1M | 78¢ | 22% | 2.2 yr |
| 2020-06-30 | $945K | 70¢ | 30% | 2.4 yr |
| 2021-06-30 | $1.0M | 77¢ | 28% | 1.8 yr |
| 2022-06-30 | $818K | 75¢ | 29% | 2.3 yr |
| 2023-06-30 | $1.0M | 81¢ | 15% | 1.3 yr |
| 2024-06-30 | $1.4M | 86¢ | 14% | 1.2 yr |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
9 directors reported · 9 of 9at arm's length
- KRESTICK, ROBERTCHAIRMANarm's length
- SCHNARR, CAMERONVICE CHAIRMANarm's length
- ABRAHAM, DANSECRETARYarm's length
- WINGER, THOMASDIRECTORarm's length
- BOLES, IVANDIRECTORarm's length
- WALL, JORDANDIRECTORarm's length
- TEUSCHER, TIMOTHYDIRECTORarm's length
- PROZENKO, PHILLIPDIRECTORarm's length
- BUBLITZ, MARVINDIRECTORarm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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