2021-05-04T11:09:49-05:00 2020-06-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2019-07-01 237367217 Christian Education Activities Corp CHRI 3619919403 7000 Ocean Drive Corpus Christi TX 78412 Anthony Celelli President 3619919403 2021-05-04 1 Ted R Batson Jr P00721951 7195286225 2019 2022-09-23 18:48:47Z Stark College & Seminary Anthony Celelli 7000 Ocean Drive Corpus Christi TX 78412 2073849 0 X stark.edu X 1972 TX Equip educationally under-served followers of Christ for service in the church and community 20 20 37 25 0 0 1141367 1356000 199354 305414 314236 13300 88486 35486 1743443 1710200 3233725 78443 0 0 1077584 1207681 0 0 120304 570135 539611 4881444 1825735 -3138001 -115535 5883525 5681243 93567 72397 5789958 5608846 X CEAC is a theological higher education institution teaching certificate, diploma, bachelor, and graduate level college courses to train men and women for service in the local church and community. 0 0 1256766 78443 305414 Stark College and Seminary (SCS) is an accredited Baptist college that exists to equip educationally under-served followers of Christ for service in the church and community. We define the educationally underserved as those students who typically have not had the will or the way to pursue theological education due to their age, gender, ethnicity, finances, and bureaucratic hurdles that marginalize these particular students. The college developed programs intended to prepare ministry leaders to effectively witness, plant churches, disciple, and assist in church growth. Though, many students enrolled at SCS are either presently serving in ministry or preparing to serve in ministry. In fact, 50% of SCS students are in a volunteer ministry position, 25% are in a paid ministry position, and 57% of those in paid positions are in a full-time ministry position. SCS offers four programs to accomplish its mission and enhance the work our students are already doing in their ministry settings: the Certificate in Ministry, the Diploma in Ministry, the Bachelor in Ministry, and a Master of Arts in Ministry. The Certificate provides entry-level preparation for ministry services. The Diploma is a two-year program that builds on the Certificate courses to continue the formation of the ministry student. The Bachelor degree addresses the formation of the Christ followers through biblical, theological, and professional studies. The Master of Arts equips students for full-time ministry. 1256766 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 1 243 0 1 37 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Chris Stapper Vice President 3619919403 7000 Ocean Drive Corpus Christi TX 78412 X Anthony Celelli President/CEO 40.00 0.50 X 75293 0 68172 Chris Stapper Vice President/CFO 40.00 0.50 X 83664 0 19688 Andrew Miller Board Chair 0.50 0.50 X X 0 0 0 Karlene Lyn Vice-Chair 0.50 0.50 X X 0 0 0 Kevin Pagan Secretary 0.50 0.50 X X 0 0 0 Jim Naismith Treasurer 0.50 0.50 X X 0 0 0 Arnold Moreno Vice Chair (Part Year) 0.50 0.50 X X 0 0 0 Jeanette Gordon Board Member 0.50 0.50 X 0 0 0 Don Leavell Board Member 0.50 0.50 X 0 0 0 Derrick Reaves Board Member 0.50 0.50 X 0 0 0 Juan Vega Board Member 0.50 0.50 X 0 0 0 Lee Rusty Waller Board Member 0.50 0.50 X 0 0 0 Mark Casanova Board Member 0.50 0.50 X 0 0 0 Albert Reyes Board Member 0.50 0.50 X 0 0 0 Kevin Wood Board Member 0.50 0.50 X 0 0 0 Kathryn Albin Board Member 0.50 0.50 X 0 0 0 Gary Morgan Board Member 0.50 0.50 X 0 0 0 Troy Riggs Board Member 0.50 0.50 X 0 0 0 Dana Wilson Board Member 0.50 0.50 X 0 0 0 Dan Zamora Board Member 0.50 0.50 X 0 0 0 Velma Kemp Board Member 0.50 0.50 X 0 0 0 Nidia Quintanilla Board Member 0.50 0.50 X 0 0 0 Lee Ortegon Board Member 0.50 0.50 X 0 0 0 Julio Guarneri Board Member (Part Year) 0.50 0.50 X 0 0 0 Anson Nash Board Member (Part Year) 0.50 0.50 X 0 0 0 158957 0 87860 0 0 0 0 0 104070 326544 205000 720386 1356000 Tuition & fees 900099 305414 305414 305414 12803 12803 35340 0 35340 35340 35340 338903 338406 497 497 497 20450 104070 25243 -4793 -4793 4939 4939 4939 1710200 305414 0 48786 78443 78443 295492 173553 86601 35338 56544 33927 16963 5654 652903 457450 164139 31314 59990 40088 15547 4355 77878 52077 20162 5639 64874 43175 16919 4780 135 81 54 45420 45420 19618 6784 12834 34847 16037 18503 307 8333 7081 1085 167 116010 98609 15081 2320 33348 21676 3335 8337 17319 12123 5196 157610 133969 20489 3152 41161 34871 5433 857 Program expenses 58262 58262 Education expenses 7548 7548 1825735 1256766 448665 120304 20140 12167 96705 188442 41138 58399 47201 53677 4218361 2288818 2144982 1929543 3533359 3439015 5883525 5681243 93567 72397 93567 72397 X 2219027 2114632 3570931 3494214 5789958 5608846 5883525 5681243 X -115535 56731 -122308 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2582463 76504 50024 208099 2500892 2447587 69188 88367 22679 2582463 2317898 68557 164251 21811 81308 2447587 1801835 371000 234837 21052 68722 2317898 1938455 14594 -63635 8179 79400 1801835 1.00000 0 1 1 611808 611808 3237067 2059932 1177135 346986 222636 124350 22500 6250 16250 1929543 Beneficial interests in perpetual trusts 3439015 3439015 Part V, Line 4: The organization's endowment consists of multiple individual funds established for building expenditures, scholarships, library expenditures, President's salary (McGregor Fund), general school support, and a variety of other purposes. The assets are held by the Hand and Dove Legacy Foundation, a related organization, for the benefit of the school. Form 990, Schedule D, Part V, Lines 2a - 2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 06/30/2020. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The college publishes a "Non Discrimination Statement" in its catalog and on its website homepage. The organization currently enrolls students of racial minority groups with minority students making up the majority of students and publishes current demographic information on the college's website. This is consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(c). Schedule E, Part I, Line 6 The college received a PPP loan in April 2020. The loan was satisfied by the end of the fiscal year and the college received notice of forgiveness in October 2020. Scholarship Banquet 124520 104070 20450 933 2997 13648 1026 6639 124520 104070 20450 933 2997 13648 1026 6639 25243 -4793 1 Scholarships 194 78443 Part I, Line 2: The school awarded scholarships to provide theological education to students in South Texas. Scholarships were applied directly to tuition charges on the school's invoicing system and no cash changed hands. Deanne Nanette Celelli Family member of Anthony Celelli, President 56544 Employee compensation and benefits 0 Form 990, Part VI, Section A, line 1 Officers of the Board of Trustees shall be the Chairperson, Vice-Chairperson, Treasurer, and Secretary. These officers along with the Chairpersons of the standing board committees plus President of the school (ex-officio, non-voting) shall constitute the Executive Committee. The Executive Committee has authority to transact business during the recess of the Trustees in all matters where immediate decisions and actions are deemed necessary for the present welfare of the Corporation. The Committee may not elect or remove the President or amend the bylaws. Form 990, Part VI, Section A, line 4 During the fiscal year, the organization updated its constitution and bylaws to enhance the qualifications of board members and clearly define the roles of administrative officers. Form 990, Part VI, Section A, line 7a Per the organization's constitution, the Baptist General Convention of Texas shall directly elect three of the trustees of Christian Education Activities Corporation. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm and reviewed by the President and Vice President/CFO before it is provided to the board members for review before filing with the IRS. Form 990, Part VI, Section B, line 12c The organization requires all officers and board members to annually complete and sign a conflict of interest statement. If a potential conflict of interest exists, the President meets with the board members and discusses the potential transaction. If a conflict of interest is determined to exist, there is a two-step process. First, the conflict is acknowledged. Second, the person who has the conflict of interest is excused from the decision-making process and the independent board members vote on the decision. Form 990, Part VI, Section B, line 15 15a - The independent members of the executive committee of the board of directors set the President's compensation annually after comparing it to other ABHE institutions' comparability data. The independent members of the executive committee document the approved compensation in the committee minutes. 15b - The President sets the salary for other officers and key employees, and comparability data is used. The approval process is documented. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part VII, column F: Compensation reported in Part VII, column D is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F. Form 990, Part XI, line 9: Change in beneficial interests in trusts -122,308. Hand and Dove Legacy Foundation 7000 Ocean Drive Corpus Cristi TX 78412 821690924 Support Christian Education Activities Corp TX 501(c)(3) Line 12a, I Christian Education Activities Corp 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Hand and Dove Legacy Foundation C 326544 Cash value