DALLAS THEOLOGICAL SEMINARY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- DALLAS THEOLOGICAL SEMINARY (EIN 75-0827421)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2021-12-16
- IRS object ID
- 202133509349301653
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-12-16T16:46:01-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 750827421 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dallas Theological Seminary | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DALL | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3909 Swiss Avenue | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dale Larson | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 2148875021 | PhoneNum |
| Signature | 2021-12-16 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Dale | PersonFirstNm |
| Person Last | Larson | PersonLastNm |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Mark Yarbrough | PrincipalOfficerNm |
| Gross Receipts | $49,014,300 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.dts.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1924 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | The mission of Dallas Theological Seminary is to glorify God by equipping godly servant-leaders for the proclamation of His Word and the building up of the body of Christ worldwide. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 600 | TotalEmployeeCnt |
| Total Volunteers | 48 | TotalVolunteersCnt |
| Total Gross UBI | $55,078 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $45,496 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $26,982,837 | PYContributionsGrantsAmt |
| CY Contributions Grants | $20,140,975 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $24,604,533 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $25,546,985 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,065,736 | PYInvestmentIncomeAmt |
| CY Investment Income | $954,695 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$22,656 | PYOtherRevenueAmt |
| CY Other Revenue | $288,923 | CYOtherRevenueAmt |
| PY Total Revenue | $52,630,450 | PYTotalRevenueAmt |
| CY Total Revenue | $46,931,578 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,512,863 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,063,396 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $27,278,323 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $25,777,861 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $300,478 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $162,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,162,481 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,872,850 | PYOtherExpensesAmt |
| CY Other Expenses | $12,246,123 | CYOtherExpensesAmt |
| PY Total Expenses | $44,964,514 | PYTotalExpensesAmt |
| CY Total Expenses | $44,249,380 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,665,936 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,682,198 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $122,981,320 | TotalAssetsBOYAmt |
| Total Assets EOY | $131,702,199 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $45,775,586 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,499,424 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $77,205,734 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $94,202,775 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The mission of Dallas Theological Seminary is to glorify God by equipping godly servant-leaders for the proclamation of His Word and the building up of the body of Christ worldwide. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $17,404,895 | ExpenseAmt |
| Grant | $4,845,725 | GrantAmt |
| Revenue | $22,652,579 | RevenueAmt |
| Desc | INSTRUCTION: Dallas Theological Seminary (DTS) offers a variety of graduate academic programs from its main campus in Dallas, TX and its extension sites in Austin, Houston, and San Antonio, Texas; Atlanta, Georgia; Nashville, TN and Burke, Virginia. Online courses are also offered. DTS is nondenominational and seeks to serve those of like biblical faith in evangelical protestantism. DTS has over 15,000 alumni serving in 105 countries. Fall 2020 enrollment consisted of 2,486 students, with 14,268 total class hours taken that term. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,192,271 | ExpenseAmt |
| Grant | $1,034,949 | GrantAmt |
| Desc | STUDENT SERVICES: The mission of student services is to ensure that every student has the opportunity to develop as a godly servant-leader through his or her social, cultural, spiritual, physical, and emotional life. We provide advisement, programming, and services to enrich community, family life, personal interaction, social development, cultural awareness, physical development and campus diversity. The admissions department works to recruit and then equip entering students with the resources needed to have a successful graduate-studies experience. The registrar and counseling offices provide advising, counseling and testing services to facilitate personal, family and professional development. The Chaplains office encourages campus community life, worship, and spiritual development through chapel programming. The Dean of Students office provides opportunities for student participation in decision-making and leadership development through student groups. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,561,643 | ExpenseAmt |
| Grant | $722 | GrantAmt |
| Revenue | $2,894,284 | RevenueAmt |
| Desc | AUXILIARY: Auxiliary enterprises consist of a student bookstore, two student apartment buildings, and a theological journal. Mitchell Ministry Center houses student support activites and the bookstore. Swindoll Tower residence hall has 158 apartments for married students with families and includes a fireside chat room, playroom, and courtyard with a pool. Washington Hall, the single-student apartment building, contains 158 bedrooms in one and two bedroom apartments. Its amenities include a student research library that is an extension of Turpin Library, a fully outfitted computer lab, conference rooms, 2 music practice rooms, 2 media rooms, a multipurpose room/gym, and a pool. Bibliotheca Sacra, a theological quarterly, in continuous publication since 1843, has been published by DTS since 1934. Bibliotheca Sacra does not include any advertising or endorsements. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,020,699 | ExpenseAmt |
| Grant | $182,000 | GrantAmt |
| Revenue | $51,005 | RevenueAmt |
| Desc | PUBLIC SERVICE: Hendricks Center for Christian Leadership and Cultural Engagement pursues the development of effective Christian leadership in order to build leaders of integrity and impact. ACADEMIC SUPPORT: The library holds over 414,000 items, provides access to electronic resources and has special rare volumes. The media and computer lab allows students to use computer equipment, audio and video media. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $3,020,699 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $182,000 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $51,005 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $28,179,508 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | Yes (true) | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 75 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 600 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dale Larson | PersonNm |
| Phone | 2148875021 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3909 Swiss Avenue | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Mark Bailey | |||||||||
| Former President | 0.00 | 0.00 | Yes (X) | $506,517 | $0 | $80,301 | |||
| Mark Yarbrough | |||||||||
| President | 40.00 | 0.00 | $199,951 | $0 | $87,715 | Yes (X) | Yes (X) | ||
| Dale Larson | |||||||||
| TreasurerVP Finance | 40.00 | 0.00 | $166,721 | $0 | $21,055 | Yes (X) | |||
| Glenn Kreider | |||||||||
| Professor | 40.00 | 0.00 | $146,713 | $0 | $40,322 | Yes (X) | |||
| Robert Riggs | |||||||||
| SecretaryVP Operations | 40.00 | 0.00 | $121,953 | $0 | $64,617 | Yes (X) | |||
| Kim Till | |||||||||
| VP Development | 40.00 | 0.00 | $148,788 | $0 | $20,285 | Yes (X) | |||
| Greg Hatteburg | |||||||||
| Dean AlumniEnrollment Svc | 40.00 | 0.00 | $118,404 | $0 | $40,410 | Yes (X) | |||
| Ron Allen | |||||||||
| Professor | 40.00 | 0.00 | $133,830 | $0 | $23,782 | Yes (X) | |||
| Drew Williams | |||||||||
| Director of Housing | 40.00 | 0.00 | $135,318 | $0 | $11,648 | Yes (X) | |||
| Anthony Evans | |||||||||
| Board member | 0.50 | 0.00 | $500 | $0 | $0 | Yes (X) | |||
| Brian Fisher | |||||||||
| Regent | 1.00 | 0.00 | $500 | $0 | $0 | Yes (X) | |||
| Roger Poupart | |||||||||
| Board Member | 0.50 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Dennis Rainey | |||||||||
| Regent Vice Chair | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| D Michael Redden | |||||||||
| Trustee | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Susan Perlman | |||||||||
| Regent | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Robert Murchison | |||||||||
| Board Incorp Member Chair | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Tom Nelson | |||||||||
| Board Member | 0.50 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Bradley Payne | |||||||||
| Board member | 0.50 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Kathy Wills Wright | |||||||||
| Board member | 0.50 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| George Underwood III | |||||||||
| Board member | 0.50 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Scott Turpin | |||||||||
| Trustee Vice Chair | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Grant Switzer | |||||||||
| Trustee Chair | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Imad Shehadeh | |||||||||
| Regent | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Cindy Brinker Simmons | |||||||||
| Regent | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| David Stevens | |||||||||
| Board Incorp Mbr Vice ChairR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Stephen Golding | |||||||||
| Trustee | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Kenneth Horton | |||||||||
| Regent | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| L Randy Howard | |||||||||
| Trustee | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Frank Glover Jr | |||||||||
| Regent | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Robert Alpert | |||||||||
| Trustee | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Samuel Chiang | |||||||||
| Regent | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| J Roderick Clark | |||||||||
| Trustee | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Robert McCulloch | |||||||||
| Board Incorp Mbr SecretaryTr | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Norman Miller | |||||||||
| Board member | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Larry Moody | |||||||||
| Regents Chair | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Thomas Leppert | |||||||||
| Trustee | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Tim Kilpatrick | |||||||||
| Trustee | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Karl Kurz | |||||||||
| Board member | 0.50 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| R Laurie Ledbetter | |||||||||
| Regent | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,679,195 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $390,135 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 26 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Hill Wilkenson | |||||
| 2703 Telecom Pkwy Ste 120 | Richardson | TX | 750823555 | Construction | $6,946,933 |
| Donor Direct | |||||
| 14488 Old State Rd | Lenoir City | TN | 37772 | Fundraising | $166,638 |
| GFF Inc | |||||
| 2808 Fairmont St Ste 300 | Dallas | TX | 75201 | Construction | $150,144 |
| Mercer Investments LLC | |||||
| 21875 Network Pl | Chicago | IL | 60673 | Investment Advisor | $132,170 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Fundraising | $169,505 | FundraisingAmt |
| Related Organizations | $4,288,762 | RelatedOrganizationsAmt |
| Government Grants | $697,571 | GovernmentGrantsAmt |
| All Other Contributions | $14,985,137 | AllOtherContributionsAmt |
| Noncash Contributions | $64,438 | NoncashContributionsAmt |
| Total Contributions | $20,140,975 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and Fees | 611710 | $22,533,204 | $22,533,204 |
| Housing | 721310 | $2,716,453 | $2,716,453 |
| Educational Activities | 611710 | $165,023 | $165,023 |
| Bibliotheca Sacra | 611710 | $126,948 | $126,948 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,357 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,357 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $25,546,985 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $554,126 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $52,964 | UnrelatedBusinessRevenueAmt |
| Exclusion | $501,162 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $89,861 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $835 | UnrelatedBusinessRevenueAmt |
| Exclusion | $89,026 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $809 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $809 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $809 | TotalRevenueColumnAmt |
| Exclusion | $809 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,205,672 | SecuritiesAmt |
| Other | $2,152 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,807,255 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $398,417 | SecuritiesAmt |
| Other | $2,152 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $400,569 | TotalRevenueColumnAmt |
| Exclusion | $400,569 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $37,700 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $169,505 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $52,774 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$15,074 | TotalRevenueColumnAmt |
| Exclusion | -$15,074 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $273,576 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $222,693 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,883 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $50,883 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other income | Desc |
| Business | 541800 | BusinessCd |
| Total Revenue Column | $162,444 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,279 | UnrelatedBusinessRevenueAmt |
| Exclusion | $161,165 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $162,444 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $46,931,578 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,597,868 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $55,078 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,137,657 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,000 | TotalAmt |
| Program Services | $70,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,304,972 | TotalAmt |
| Program Services | $5,304,972 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $688,424 | TotalAmt |
| Program Services | $688,424 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $589,879 | TotalAmt |
| Program Services | $15,600 | ProgramServicesAmt |
| Management And General | $520,004 | ManagementAndGeneralAmt |
| Fundraising | $54,275 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $533,110 | TotalAmt |
| Management And General | $533,110 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,542,947 | TotalAmt |
| Program Services | $11,654,445 | ProgramServicesAmt |
| Management And General | $4,932,361 | ManagementAndGeneralAmt |
| Fundraising | $956,141 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,046,929 | TotalAmt |
| Program Services | $2,223,309 | ProgramServicesAmt |
| Management And General | $568,544 | ManagementAndGeneralAmt |
| Fundraising | $255,076 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,118,094 | TotalAmt |
| Program Services | $1,842,459 | ProgramServicesAmt |
| Management And General | $1,195,438 | ManagementAndGeneralAmt |
| Fundraising | $80,197 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $946,902 | TotalAmt |
| Program Services | $542,672 | ProgramServicesAmt |
| Management And General | $350,054 | ManagementAndGeneralAmt |
| Fundraising | $54,176 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,082 | TotalAmt |
| Management And General | $111,082 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,750 | TotalAmt |
| Management And General | $53,750 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,000 | TotalAmt |
| Fundraising | $162,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,630 | TotalAmt |
| Management And General | $40,630 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,042,151 | TotalAmt |
| Program Services | $527,737 | ProgramServicesAmt |
| Management And General | $486,947 | ManagementAndGeneralAmt |
| Fundraising | $27,467 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $780,225 | TotalAmt |
| Program Services | $584,654 | ProgramServicesAmt |
| Management And General | $14,590 | ManagementAndGeneralAmt |
| Fundraising | $180,981 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $655,881 | TotalAmt |
| Program Services | $142,026 | ProgramServicesAmt |
| Management And General | $221,096 | ManagementAndGeneralAmt |
| Fundraising | $292,759 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,611,234 | TotalAmt |
| Program Services | $149,414 | ProgramServicesAmt |
| Management And General | $1,338,534 | ManagementAndGeneralAmt |
| Fundraising | $123,286 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,075 | TotalAmt |
| Program Services | $5,280 | ProgramServicesAmt |
| Management And General | $795 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,444,672 | TotalAmt |
| Program Services | $1,216,251 | ProgramServicesAmt |
| Management And General | $1,222,875 | ManagementAndGeneralAmt |
| Fundraising | $5,546 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $390,683 | TotalAmt |
| Program Services | $213,770 | ProgramServicesAmt |
| Management And General | $118,304 | ManagementAndGeneralAmt |
| Fundraising | $58,609 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $410,170 | TotalAmt |
| Program Services | $154,920 | ProgramServicesAmt |
| Management And General | $171,736 | ManagementAndGeneralAmt |
| Fundraising | $83,514 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,283,924 | TotalAmt |
| Program Services | $1,893,442 | ProgramServicesAmt |
| Management And General | $363,467 | ManagementAndGeneralAmt |
| Fundraising | $27,015 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200,451 | TotalAmt |
| Management And General | $200,451 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| Fundraising printmailother | $798,053 | $798,053 | ||
| Duesfees | $316,981 | $2,966 | $36,554 | $277,461 |
| Equipmentfurnishings | $287,959 | $180,201 | $107,758 | |
| Books and subscriptions | $640,692 | $637,864 | $2,828 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,510 | TotalAmt |
| Program Services | $95,514 | ProgramServicesAmt |
| Management And General | $75,576 | ManagementAndGeneralAmt |
| Fundraising | $420 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,249,380 | TotalAmt |
| Program Services | $28,179,508 | ProgramServicesAmt |
| Management And General | $12,907,391 | ManagementAndGeneralAmt |
| Fundraising | $3,162,481 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,181 | BOYAmt |
| EOY | $76,974 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,486,004 | BOYAmt |
| EOY | $18,327,963 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,400,624 | BOYAmt |
| EOY | $835,409 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,010,974 | BOYAmt |
| EOY | $1,330,591 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,593,225 | BOYAmt |
| EOY | $4,019,950 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $934,105 | BOYAmt |
| EOY | $1,553,846 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $112,194,147 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $49,962,595 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,224,193 | BOYAmt |
| EOY | $62,231,552 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,630,234 | BOYAmt |
| EOY | $35,586,704 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,783,650 | BOYAmt |
| EOY | $6,021,381 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,915,130 | BOYAmt |
| EOY | $1,717,829 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,981,320 | BOYAmt |
| EOY | $131,702,199 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,740,898 | BOYAmt |
| EOY | $4,783,556 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,610,457 | BOYAmt |
| EOY | $2,680,404 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,536,236 | BOYAmt |
| EOY | $11,752,025 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,887,995 | BOYAmt |
| EOY | $18,283,439 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,775,586 | BOYAmt |
| EOY | $37,499,424 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,028,287 | BOYAmt |
| EOY | $52,143,844 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,177,447 | BOYAmt |
| EOY | $42,058,931 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,205,734 | BOYAmt |
| EOY | $94,202,775 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,981,320 | BOYAmt |
| EOY | $131,702,199 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,682,198 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $6,909,951 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $7,404,892 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other income Part II line 10 or Part III line 12 | Other income consists of Gross income from fundraising events of $37,700, and Miscellaneous income in the amount of $161,165. |
| General Explanation Attachment | The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedula A, Part II is completed to verify the school can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,819,246 | BeginningYearBalanceAmt |
| Contributions | $734,664 | ContributionsAmt |
| Investment Earnings Or Losses | $7,607,404 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,163,411 | GrantsOrScholarshipsAmt |
| Other Expenditures | $130,867 | OtherExpendituresAmt |
| Administrative Expenses | $40,630 | AdministrativeExpensesAmt |
| End Year Balance | $34,826,406 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,895,443 | BeginningYearBalanceAmt |
| Contributions | $1,010,782 | ContributionsAmt |
| Investment Earnings Or Losses | $1,237,997 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,090,654 | GrantsOrScholarshipsAmt |
| Other Expenditures | $180,549 | OtherExpendituresAmt |
| Administrative Expenses | $53,773 | AdministrativeExpensesAmt |
| End Year Balance | $27,819,246 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,352,095 | BeginningYearBalanceAmt |
| Contributions | $719,289 | ContributionsAmt |
| Investment Earnings Or Losses | $1,063,758 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $958,560 | GrantsOrScholarshipsAmt |
| Other Expenditures | $177,475 | OtherExpendituresAmt |
| Administrative Expenses | $103,664 | AdministrativeExpensesAmt |
| End Year Balance | $26,895,443 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,828,282 | BeginningYearBalanceAmt |
| Contributions | $648,315 | ContributionsAmt |
| Investment Earnings Or Losses | $2,074,604 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $914,947 | GrantsOrScholarshipsAmt |
| Other Expenditures | $182,692 | OtherExpendituresAmt |
| Administrative Expenses | $101,467 | AdministrativeExpensesAmt |
| End Year Balance | $26,352,095 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,023,181 | BeginningYearBalanceAmt |
| Contributions | $685,574 | ContributionsAmt |
| Investment Earnings Or Losses | $2,342,284 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $937,758 | GrantsOrScholarshipsAmt |
| Other Expenditures | $191,350 | OtherExpendituresAmt |
| Administrative Expenses | $93,649 | AdministrativeExpensesAmt |
| End Year Balance | $24,828,282 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (true) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (true) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $15,000 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $7,262,267 | OtherCostOrOtherBasisAmt |
| Book Value | $7,277,267 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $232,242 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $92,810,620 | OtherCostOrOtherBasisAmt |
| Depreciation | $40,832,392 | DepreciationAmt |
| Book Value | $52,210,470 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $755,010 | OtherCostOrOtherBasisAmt |
| Depreciation | $301,458 | DepreciationAmt |
| Book Value | $453,552 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,423,235 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,131,586 | DepreciationAmt |
| Book Value | $291,649 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,695,773 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,697,159 | DepreciationAmt |
| Book Value | $1,998,614 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $62,231,552 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $1,972,472 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Real Estate | $345,511 | F |
| Hedge Funds | $3,703,398 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $6,021,381 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Perpetual trusts held by others | $606,124 |
| Operating lease right-of-use asset | $1,111,705 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,717,829 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| Stu depositsrefundable advances | $2,204,300 |
| Annuity obligation | $3,074,984 |
| Asset Retirement Obligations | $939,913 |
| Liab under split-int agreements | $39,068 |
| Operating lease liabilities | $1,274,650 |
| Liab for pension benefits | $10,750,524 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $18,283,439 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Endowment funds intended uses (Part V, line 4) | Endowments are intended primarily for student aid scholarships and other academic programs. |
| General Explanation Attachment | Part V Lines 2a-2c: In accordance with the priciples of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2021. 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 From 990, Schedule D, Part V, Lines 2a-2c:Line 2a - Without donor restrictions 0%Line 2b - With donor restrictions 100% |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Governmental Agency Financial Aid (Questions 6a and 6b) | The Seminary participates in the Federal Direct Student Loan Program and provides administrative support.The Seminary also received grants from the Higher Education Emergency Relief Fund (HEERF), in the amount of $697,571. |
| Description of nondiscriminatory policy (Question 3) | The Seminarys racially nondiscriminatory policy is on its public website at www.dts.edu. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| East Asia and the Pacific | Program services | Tuitionliving aid | $206,643 |
| Central America and the Caribbean | Investments | $12,143,359 | |
| Central America and the Caribbean | Program services | Tuition aid | $52,185 |
| South America | Program services | Tuition aid | $140,630 |
| North America Not the United States | Program services | Tuition aid | $71,680 |
| South Asia | Program services | Tuition aid | $4,932 |
| Europe including Iceland and Greenland | Program services | Tuition aid | $35,581 |
| Middle East and North Africa | Program services | Tuition aid | $42,773 |
| Sub-Saharan Africa | Program services | Tuition aid | $7,000 |
| Sub-Saharan Africa | Program services | General Aid | $127,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $12,831,783 | SubtotalSpentAmt |
| Total Spent | $12,831,783 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Sub-Saharan Africa | RegionTxt |
| Purpose Of Grant | General Support | PurposeOfGrantTxt |
| Cash Grant | $127,000 | CashGrantAmt |
| Manner Of Cash Disbursement | wire transfer | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 1 | TotalOtherOrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| Tuition discliving aid | East Asia and the Pacific | 121 | $206,643 | Tuit discck |
| Tuition disc | Central America and the Caribbean | 24 | $52,185 | Tuit discount |
| Tuition disc | South Asia | 1 | $4,932 | Tuit discount |
| Tuition disc | North America Not the United States | 26 | $71,680 | Tuit discount |
| Tuition disc | South America | 67 | $140,630 | Tuit discount |
| Tuition disc | Europe including Iceland and Greenland | 15 | $35,581 | Tuit discount |
| Tuition disc | Middle East and North Africa | 6 | $42,773 | Tuition disc |
| Tuition disc | Sub-Saharan Africa | 1 | $7,000 | Tuit discount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Use of grant monitoring procedures (Part I, line 2) | The Student Finance Office requires applications from all students requesting student aid. All students receiving scholarhips and grants are judged worthy by the Seminarys assessment on the basis of academic achievement, financial need, and other similar standards. Student aid for students outside the U.S. is typically a reduction of tuition owed and is rarely given directly to the student in the form of cash. |
| Supplemental Information (Part V, Other) | Part IV: Upon review of our foreign investments for the year, the Seminary is not required to file forms 5471, 8865, 926,8621, or FinCEN Form 114. |
| General Explanation Attachment | Pt. II - The Seminary sent funds for the general support of the Evangelical Seminary of West Africa. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| Todd Dexter Assoc | ||||||||
| 17950 Preston Rd | Dallas | TX | 75252 | Process Direct Mail | false | $1,747,722 | $72,000 | $1,675,722 |
| Next After LLC | ||||||||
| 6175 Main St Ste 385 | Frisco | TX | 750343442 | Consultation | false | $2,833,703 | $90,000 | $2,743,703 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $4,581,425 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $162,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $4,419,425 | TotalNetToOrganizationAmt |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf tourn | Event1Nm |
| Gross Receipts Event1 | $170,100 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $132,400 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $37,700 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $47,429 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $5,345 | OtherDirectExpensesEvent1Amt |
| Event2 | IP luncheons | Event2Nm |
| Gross Receipts Event2 | $37,105 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $37,105 | CharitableContriEvent2Amt |
| Gross Receipts Total | $207,205 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $169,505 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $37,700 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $47,429 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $5,345 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $52,774 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$15,074 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Fundraiser agreements (Part I, line 2b(v)) | FormAndLineReferenceDesc |
| Explanation | For fiscal year 2020/2021, the Seminary estimates it paid Todd Dexter & Associates $72,000 for consulation and analysis, and Next After, LLC $90,000 for consultation. The remaining costs were related to the printing, mailing, and other costs of our direct mail and new donor acquisition, website design, etc. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Chosen People Ministries | |||||||
| 241 E 51st St | New York | NY | 100226502 | 131659171 | 501c3 | $37,500 | Staff Support |
| United World Missions | |||||||
| 205 Regency Exec Park Dr Ste 430 | Charlotte | NC | 28217 | 596045864 | 501c3 | $25,000 | Cuba project |
| Fellowship Bible Church NW Arkansas | |||||||
| 1051 W Pleasant Grove Rd | Rogers | AR | 72758 | 710605274 | 501c3 | $7,500 | Support Israel tour guides |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| Tuition assistance | 1484 | $4,830,725 | $18,423 | Fair mkt value | Foodnecessitiesother |
| Emergency aid and other | 402 | $455,824 | $18,423 | Fair mkt value | Foodnecessitiesother |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Monitoring procedures (Part I, line 2) | FormAndLineReferenceDesc |
| Explanation | Emergency aid: Students are required to substantiate a legitimate need for benevolence before money is awarded. No attempt to verify the use of the money is made.Tuition assistance: Tuition is discounted to apply aid. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| Mark Bailey | ||||
| Former President | $506,517 | $14,000 | $66,301 | $586,818 |
| Mark Yarbrough | ||||
| President | $199,951 | $11,400 | $76,315 | $287,666 |
| Dale Larson | ||||
| TreasurerVP Finance | $166,721 | $8,565 | $12,490 | $187,776 |
| Glenn Kreider | ||||
| Professor | $146,713 | $8,632 | $31,690 | $187,035 |
| Robert Riggs | ||||
| SecretaryVP Operations | $121,953 | $9,017 | $55,600 | $186,570 |
| Kim Till | ||||
| VP Development | $148,788 | $7,795 | $12,490 | $169,073 |
| Greg Hatteburg | ||||
| Dean AlumniEnrollment Svc | $118,404 | $6,733 | $33,677 | $158,814 |
| Ron Allen | ||||
| Professor | $133,830 | $5,722 | $18,060 | $157,612 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Benefit information (Part I, line 1a) | Occasionally, the Presidents wife travels with him on official business, such as donor trips. The Seminary obtains documentation to verify that a bona fide business reason exists for the spousal travel, and the Seminary pays for the trip when the spouse acts in the capacity of an official Seminary delegate.Certain individuals receiving compensation are ministers of the gospel, and as such, a housing allowance is included in Other Compensation for some of the people listed in Pt VII. |
| Listed persons compensation information (Part I, line 4) | During 2020, the Seminary offered a Voluntary Separation Plan to all employees, which included a severance package. Drew Williams, Director of Housing, received a severance package in the amount of $86,354. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Gateway Education Finance Corp | ||||||||
| A | 742139523 | 000000000 | 2007-01-31 | $10,000,000 | Residential Student Housing | false | Yes (true) | false |
| Gateway Education Finance Corp | ||||||||
| B | 742139523 | 000000000 | 2006-12-15 | $10,000,000 | Refund Housing Bond issue 703 | false | Yes (true) | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|
| A | $3,791,080 | $10,000,000 | $10,000,000 | 2008 | false | false | Yes (true) | Yes (true) | |
| B | $4,456,895 | $10,000,000 | 2003 | Yes (true) | false | Yes (true) | Yes (true) | $10,000,000 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | Yes (true) |
| B | false | false | false | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|
| A | false | false | false | false | false | Yes (true) |
| B | false | false | false | false | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $4,642 | CashGrantAmt |
| Type Of Assistance | Tuition Assistance | TypeOfAssistanceTxt |
| Assistance Purpose | To Lower Tuition | AssistancePurposeTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $64,438 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Third party arrangements (Part I, line 32b) | FormAndLineReferenceDesc |
| Explanation | The Seminarys affliiated foundation solicits contributions as a part of the planned giving arm of the Seminary. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Governing body meeting documentation Part VI line 8a | From the membership of the Board of Incorporate Members (Governing Board) there are assigned members to two subsidiary boards, the Board of Regents and the Board of Trustees. The Board of Regents is entrusted with the general oversight of the faculty and the educational and spiritual functions of the Seminary. The Board of Trustees is entrusted with the direction of the property and financial interests of the Seminary, and authority is given to the Board of Trustees by the bylaws to act legally for the Board of Incorporate Members in all matters of property and finance, such actions being final. |
| Form 990 governing body review Part VI line 11 | The form 990 is initially reviewed by an independent audit firm. The audit committee of the Board reviews and approves the public disclosure copy of the form 990. The entire governing Board will be given the public disclosure copy after it is filed with the IRS. |
| Conflict of interest policy compliance Part VI line 12c | The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The CFO is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. |
| CEO executive director top management comp Part VI line 15a | The Boards Compensation and Benefits committee reviews and makes recommendation to the Board of Trustees of the salary level of the President. Comparable salary survey data is used. These decisions are documented in the committee meetings. |
| Other officer or key employee compensation Part VI line 15b | Officers who are not employees are not compensated. The compensation committee reviews the salary levels of other officers and key employees. This review is documented in the committee minutes. |
| Form 990 availability to public Part VI line 18 | Forms 990 and 990-T and other such documents are available upon request. |
| Governing documents etc available to public Part VI line 19 | Governing documents, conflict of interest policies and audited financial statements are available to the public upon request. Audited financial statements are also on the DTS business office website. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | The change in funding status of the defined benefit pension plan, excluding net periodic pension expense is a $7,264,075 gain/credit. The pension plan was frozen to new employees effective January 1, 2003. Change in value of Split-interest agreements was $140,817. |
| Estimate of average hours per week devoted to related organizations Part VII Col B | Certain directors, officers, and key employees of the Seminary are also directors, officers, and key employees of the Seminarys affiliated foundation. The hours reflected here reflect time spent for both organizations. |
| Statement of Revenue Part VIII | The Seminary reported Higher Education Emergency Relieft Fund (HEERF) grants in Pt. VIII, line 1e based on our audited financial statements of $697,571. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dallas Seminary Foundation | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3909 Swiss Avenue | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752188543 | EIN |
| Primary Activities | Foundation | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Exempt Code Section | 501c3 | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charitable Remainder Trusts8 | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3909 Swiss Avenue | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Charitable Remainder Trusts | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | Trust | EntityTypeTxt |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |