2021-12-16T16:46:01-05:00 2021-06-30 990 2020-07-01 750827421 Dallas Theological Seminary DALL 3909 Swiss Avenue Dallas TX 75204 Dale Larson Treasurer 2148875021 2021-12-16 Dale Larson 0 00 AAL1 IAL1 2020 2022-09-23 18:48:47Z Mark Yarbrough 49014300 false X www.dts.edu X 1924 TX 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. 31 30 600 48 55078 45496 26982837 20140975 24604533 25546985 1065736 954695 -22656 288923 52630450 46931578 5512863 6063396 0 27278323 25777861 300478 162000 3162481 11872850 12246123 44964514 44249380 7665936 2682198 122981320 131702199 45775586 37499424 77205734 94202775 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. false false 17404895 4845725 22652579 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. 4192271 1034949 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. 3561643 722 2894284 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. 3020699 182000 51005 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. 3020699 182000 51005 28179508 true true false false false false false false true true false false false true false false true true false true true true true true false false true true true true false false true false false false true false false false true false false false false true true false false false true 75 0 true 600 true true true false false false false true true false false false false false false X 31 30 false false false false false false false true true false false false true true true true true true true false MD MI NH PA SC X X Dale Larson 2148875021 3909 Swiss Avenue Dallas TX 75204 X Mark Bailey Former President 0.00 0.00 X 506517 0 80301 Mark Yarbrough President 40.00 0.00 X X 199951 0 87715 Dale Larson TreasurerVP Finance 40.00 0.00 X 166721 0 21055 Glenn Kreider Professor 40.00 0.00 X 146713 0 40322 Robert Riggs SecretaryVP Operations 40.00 0.00 X 121953 0 64617 Kim Till VP Development 40.00 0.00 X 148788 0 20285 Greg Hatteburg Dean AlumniEnrollment Svc 40.00 0.00 X 118404 0 40410 Ron Allen Professor 40.00 0.00 X 133830 0 23782 Drew Williams Director of Housing 40.00 0.00 X 135318 0 11648 Anthony Evans Board member 0.50 0.00 X 500 0 0 Brian Fisher Regent 1.00 0.00 X 500 0 0 Roger Poupart Board Member 0.50 0.00 X 0 0 0 Dennis Rainey Regent Vice Chair 1.00 0.00 X 0 0 0 D Michael Redden Trustee 1.00 0.00 X 0 0 0 Susan Perlman Regent 1.00 0.00 X 0 0 0 Robert Murchison Board Incorp Member Chair 1.00 0.00 X 0 0 0 Tom Nelson Board Member 0.50 0.00 X 0 0 0 Bradley Payne Board member 0.50 0.00 X 0 0 0 Kathy Wills Wright Board member 0.50 0.00 X 0 0 0 George Underwood III Board member 0.50 0.00 X 0 0 0 Scott Turpin Trustee Vice Chair 1.00 0.00 X 0 0 0 Grant Switzer Trustee Chair 1.00 0.00 X 0 0 0 Imad Shehadeh Regent 1.00 0.00 X 0 0 0 Cindy Brinker Simmons Regent 1.00 0.00 X 0 0 0 David Stevens Board Incorp Mbr Vice ChairR 1.00 0.00 X 0 0 0 Stephen Golding Trustee 1.00 0.00 X 0 0 0 Kenneth Horton Regent 1.00 0.00 X 0 0 0 L Randy Howard Trustee 1.00 0.00 X 0 0 0 Frank Glover Jr Regent 1.00 0.00 X 0 0 0 Robert Alpert Trustee 1.00 0.00 X 0 0 0 Samuel Chiang Regent 1.00 0.00 X 0 0 0 J Roderick Clark Trustee 1.00 0.00 X 0 0 0 Robert McCulloch Board Incorp Mbr SecretaryTr 1.00 0.00 X 0 0 0 Norman Miller Board member 1.00 0.00 X 0 0 0 Larry Moody Regents Chair 1.00 0.00 X 0 0 0 Thomas Leppert Trustee 1.00 0.00 X 0 0 0 Tim Kilpatrick Trustee 1.00 0.00 X 0 0 0 Karl Kurz Board member 0.50 0.00 X 0 0 0 R Laurie Ledbetter Regent 1.00 0.00 X 0 0 0 1679195 0 390135 26 true true false Hill Wilkenson 2703 Telecom Pkwy Ste 120 Richardson TX 750823555 Construction 6946933 Donor Direct 14488 Old State Rd Lenoir City TN 37772 Fundraising 166638 GFF Inc 2808 Fairmont St Ste 300 Dallas TX 75201 Construction 150144 Mercer Investments LLC 21875 Network Pl Chicago IL 60673 Investment Advisor 132170 4 X 169505 4288762 697571 14985137 64438 20140975 Tuition and Fees 611710 22533204 22533204 Housing 721310 2716453 2716453 Educational Activities 611710 165023 165023 Bibliotheca Sacra 611710 126948 126948 5357 5357 25546985 554126 52964 501162 89861 835 89026 809 809 809 809 2205672 2152 1807255 398417 2152 400569 400569 37700 169505 52774 -15074 -15074 273576 222693 50883 50883 Other income 541800 162444 1279 161165 162444 46931578 25597868 55078 1137657 70000 70000 5304972 5304972 688424 688424 589879 15600 520004 54275 533110 533110 17542947 11654445 4932361 956141 3046929 2223309 568544 255076 3118094 1842459 1195438 80197 946902 542672 350054 54176 111082 111082 53750 53750 162000 162000 40630 40630 1042151 527737 486947 27467 780225 584654 14590 180981 655881 142026 221096 292759 1611234 149414 1338534 123286 6075 5280 795 2444672 1216251 1222875 5546 390683 213770 118304 58609 410170 154920 171736 83514 2283924 1893442 363467 27015 200451 200451 Fundraising printmailother 798053 798053 Duesfees 316981 36554 277461 2966 Equipmentfurnishings 287959 180201 107758 Books and subscriptions 640692 637864 2828 171510 95514 75576 420 44249380 28179508 12907391 3162481 3181 76974 23486004 18327963 1400624 835409 2010974 1330591 4593225 4019950 934105 1553846 112194147 49962595 53224193 62231552 30630234 35586704 4783650 6021381 1915130 1717829 122981320 131702199 6740898 4783556 2610457 2680404 12536236 11752025 23887995 18283439 45775586 37499424 X 32028287 52143844 45177447 42058931 77205734 94202775 122981320 131702199 X 2682198 6909951 7404892 X false true X true true true X 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27819246 734664 7607404 1163411 130867 40630 34826406 26895443 1010782 1237997 1090654 180549 53773 27819246 26352095 719289 1063758 958560 177475 103664 26895443 24828282 648315 2074604 914947 182692 101467 26352095 23023181 685574 2342284 937758 191350 93649 24828282 1.00000 false true true 15000 7262267 7277267 232242 92810620 40832392 52210470 755010 301458 453552 2423235 2131586 291649 8695773 6697159 1998614 62231552 1972472 F Real Estate 345511 F Hedge Funds 3703398 F 6021381 Perpetual trusts held by others 606124 Operating lease right-of-use asset 1111705 1717829 Stu depositsrefundable advances 2204300 Annuity obligation 3074984 Asset Retirement Obligations 939913 Liab under split-int agreements 39068 Operating lease liabilities 1274650 Liab for pension benefits 10750524 18283439 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% true true true true true true true false false false false false false false false true false true 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. true East Asia and the Pacific Program services Tuitionliving aid 206643 Central America and the Caribbean Investments 12143359 Central America and the Caribbean Program services Tuition aid 52185 South America Program services Tuition aid 140630 North America Not the United States Program services Tuition aid 71680 South Asia Program services Tuition aid 4932 Europe including Iceland and Greenland Program services Tuition aid 35581 Middle East and North Africa Program services Tuition aid 42773 Sub-Saharan Africa Program services Tuition aid 7000 Sub-Saharan Africa Program services General Aid 127000 12831783 12831783 Sub-Saharan Africa General Support 127000 wire transfer 1 Tuition discliving aid East Asia and the Pacific 121 206643 Tuit discck Tuition disc Central America and the Caribbean 24 52185 Tuit discount Tuition disc South Asia 1 4932 Tuit discount Tuition disc North America Not the United States 26 71680 Tuit discount Tuition disc South America 67 140630 Tuit discount Tuition disc Europe including Iceland and Greenland 15 35581 Tuit discount Tuition disc Middle East and North Africa 6 42773 Tuition disc Tuition disc Sub-Saharan Africa 1 7000 Tuit discount false false true true true false 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. X X X X X true Todd Dexter Assoc 17950 Preston Rd Dallas TX 75252 Process Direct Mail false 1747722 72000 1675722 Next After LLC 6175 Main St Ste 385 Frisco TX 750343442 Consultation false 2833703 90000 2743703 4581425 162000 4419425 CT IL KY AR MI MS TN UT VA WV PA WA LA NH CO MI AK MA SC Golf tourn 170100 132400 37700 47429 5345 IP luncheons 37105 37105 207205 169505 37700 47429 5345 52774 -15074 Fundraiser agreements (Part I, line 2b(v)) 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. true Chosen People Ministries 241 E 51st St New York NY 100226502 131659171 501c3 37500 Staff Support United World Missions 205 Regency Exec Park Dr Ste 430 Charlotte NC 28217 596045864 501c3 25000 Cuba project Fellowship Bible Church NW Arkansas 1051 W Pleasant Grove Rd Rogers AR 72758 710605274 501c3 7500 Support Israel tour guides 3 Tuition assistance 1484 4830725 18423 Fair mkt value Foodnecessitiesother Emergency aid and other 402 455824 18423 Fair mkt value Foodnecessitiesother Monitoring procedures (Part I, line 2) 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. X X true true X X X true false false false false false false false false Mark Bailey Former President 506517 14000 66301 586818 Mark Yarbrough President 199951 11400 76315 287666 Dale Larson TreasurerVP Finance 166721 8565 12490 187776 Glenn Kreider Professor 146713 8632 31690 187035 Robert Riggs SecretaryVP Operations 121953 9017 55600 186570 Kim Till VP Development 148788 7795 12490 169073 Greg Hatteburg Dean AlumniEnrollment Svc 118404 6733 33677 158814 Ron Allen Professor 133830 5722 18060 157612 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. A Gateway Education Finance Corp 742139523 000000000 2007-01-31 10000000 Residential Student Housing false true false B Gateway Education Finance Corp 742139523 000000000 2006-12-15 10000000 Refund Housing Bond issue 703 false true false A 3791080 10000000 10000000 2008 false false true true B 4456895 10000000 10000000 2003 true false true true A false false false false false false true B false false false false false false true A false false false false false true B false false false false false true A false B false 4642 Tuition Assistance To Lower Tuition X 1 64438 FMV false true true Third party arrangements (Part I, line 32b) The Seminarys affliiated foundation solicits contributions as a part of the planned giving arm of the Seminary. 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. Dallas Seminary Foundation 3909 Swiss Avenue Dallas TX 75204 752188543 Foundation TX 501c3 7 N/A false Charitable Remainder Trusts8 3909 Swiss Avenue Dallas TX 75204 Charitable Remainder Trusts TX N/A Trust true false false true false false false false false false false false true true true true true true true true