STRATEGY STUDIO / PUBLIC DATA EXPLORER

RTS FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
RTS FOUNDATION INC (EIN 64-0918136)
Tax period
2024-06-01 to 2025-05-31
Filed
2026-04-13
IRS object ID
202621039349300117
Schema version
2024v5.5
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-04-13T09:23:05-05:00ReturnTs
Tax Period End2025-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1121 SOUTH TEJON STREET SUITE 1100AddressLine1Txt
CityCOLORADO SPRINGSCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80903ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN640918136EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RTS FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRTSFBusinessNameControlTxt
Phone6019231600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14268 I-55 NAddressLine1Txt
CityJACKSONCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39211ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJESSICA SHORTPersonNm
Person TitleCFOPersonTitleTxt
Phone6019231660PhoneNum
Signature2026-04-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSARAH HINTZPreparerPersonNm
PTINP00492291PTIN
Phone7196350330PhoneNum
Preparation2026-04-11PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJ LIGON DUNCAN IIIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14268 I-55 NAddressLine1Txt
CityJACKSONCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39211ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$37,666GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateMSLegalDomicileStateCd
Activity Or MissionTO SUPPORT THE MISSION OF REFORMED THEOLOGICAL SEMINARY (RTS), BY PROVIDING ASSISTANCE TO FRIENDS OF RTS AS THEY CONSIDER GIVING TO THIS MINISTRY.ActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$3,000CYContributionsGrantsAmt
PY Program Service Revenue$8,446PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$11,128PYInvestmentIncomeAmt
CY Investment Income$26,869CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$7,797CYOtherRevenueAmt
PY Total Revenue$19,574PYTotalRevenueAmt
CY Total Revenue$37,666CYTotalRevenueAmt
PY Grants And Similar Paid$341,763PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,797CYTotalFundraisingExpenseAmt
PY Other Expenses$6,689PYOtherExpensesAmt
CY Other Expenses$7,797CYOtherExpensesAmt
PY Total Expenses$348,452PYTotalExpensesAmt
CY Total Expenses$10,797CYTotalExpensesAmt
PY Revenues Less Expenses-$328,878PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$26,869CYRevenuesLessExpensesAmt
Total Assets BOY$361,709TotalAssetsBOYAmt
Total Assets EOY$388,578TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$361,709NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$388,578NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE RTS FOUNDATION IS TO SERVE THOSE WHO SHARE WITH REFORMED THEOLOGICAL SEMINARY THE VISION OF PROVIDING EVANGELICAL BIBLICAL AND THEOLOGICAL EDUCATION IN THE REFORMED TRADITION FOR THE PURPOSE OF PREPARING PASTORS, (CONTINUED ON SCHEDULE O) MISSIONARIES, COUNSELORS AND OTHER CHURCH LEADERS FOR SERVICE TO THE CHURCH THROUGHOUT THE WORLD BY ASSISTING DONORS IN MAXIMIZING THEIR GIVING TO SUPPORT REFORMED THEOLOGICAL SEMINARY WHILE AT THE SAME TIME PROVIDING MAXIMUM BENEFIT TO THEMSELVES AND THEIR FAMILIES. THE MOST ADVANCED TOOLS OF ESTATE AND GIFT PLANNING ARE EMPLOYED UTILIZING METHODS OF INCREASING GIVING, MAXIMIZING TAX SAVINGS AND OFTEN TO INCREASE LIFETIME INCOME. THE ULTIMATE MISSION OF THE RTS FOUNDATION IS TO SERVE CHRIST THROUGH THE MINISTRY OF REFORMED THEOLOGICAL SEMINARY BY SERVING ITS FRIENDSAND SUPPORTERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,000ExpenseAmt
Grant$3,000GrantAmt
Revenue$0RevenueAmt
DescTHE FOUNDATION PROVIDED GRANTS TO REFORMED THEOLOGICAL SEMINARY AND OTHER ELIGIBLE 501(C)(3) EXEMPT ORGANIZATIONS APPROVED BY THE FOUNDATION'S BOARD OF TRUSTEES.Desc
Total Program Service Expenses$3,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Taxable Distributions0TaxableDistributionsInd
Distribution To Donor0DistributionToDonorInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members20GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JESSICA SHORTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6019231600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14268 I-55 NAddressLine1Txt
CityJACKSONCityNm
State AbbreviationMSStateAbbreviationCd
ZIP39211ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BF BRACY
CHAIRMAN1.001.00Yes (X)Yes (X)$0$0$0
RODERICK S RUSS III
SECRETARY1.001.00Yes (X)Yes (X)$0$0$0
GEORGE R FAIR
TRUSTEE1.001.00Yes (X)$0$0$0
WILLIAM M MOUNGER
TRUSTEE1.001.00Yes (X)$0$0$0
J SCOTT REDD SR
TRUSTEE1.001.00Yes (X)$0$0$0
CHARLES L IRBY SR
TRUSTEE1.001.00Yes (X)$0$0$0
ROBERT T CURTIS
TRUSTEE1.001.00Yes (X)$0$0$0
T DAVID ELKIN
TRUSTEE1.001.00Yes (X)$0$0$0
CRAIG C ROHDE
TRUSTEE1.001.00Yes (X)$0$0$0
COLLIE W LEHN
TRUSTEE1.001.00Yes (X)$0$0$0
DAVID H LUCAS
TRUSTEE1.001.00Yes (X)$0$0$0
WARREN J WILLIAMSON JR
TRUSTEE1.001.00Yes (X)$0$0$0
V HU MEENA
TRUSTEE1.001.00Yes (X)$0$0$0
RICHARD L RIDGWAY
TRUSTEE1.001.00Yes (X)$0$0$0
LARRY EDWARDS
TRUSTEE1.001.00Yes (X)$0$0$0
SCOTT MCLELLAN
TRUSTEE1.001.00Yes (X)$0$0$0
PAUL A HURST III
TRUSTEE1.001.00Yes (X)$0$0$0
BENJAMIN W ROBERSON
TRUSTEE1.001.00Yes (X)$0$0$0
HUGH M COMER
TRUSTEE1.001.00Yes (X)$0$0$0
J BYRON JOHNSON
TRUSTEE1.001.00Yes (X)$0$0$0
J LIGON DUNCAN III
VICE PRESIDENT1.0040.00Yes (X)$0$276,427$101,174
JESSICA SHORT
TREASURER1.0040.00Yes (X)$0$134,532$14,327
RICKY RAYBORN
PRESIDENT1.0040.00Yes (X)$0$124,404$25,061
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$535,363TotReportableCompRltdOrgAmt
Total Other Compensation$140,562TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,000AllOtherContributionsAmt
Total Contributions$3,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,869TotalRevenueColumnAmt
Exclusion$26,869ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescSERVICE FEESDesc
Business900099BusinessCd
Total Revenue Column$7,797TotalRevenueColumnAmt
Exclusion$7,797ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$7,797OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$37,666TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$34,666ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$3,000TotalAmt
Program Services$3,000ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescFUNDRAISINGDesc
Total$7,797TotalAmt
Fundraising$7,797FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,797TotalAmt
Program Services$3,000ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$7,797FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,561BOYAmt
EOY$1,561EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$360,148BOYAmt
EOY$387,017EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$361,709BOYAmt
EOY$388,578EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,527BOYAmt
EOY$17,004EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$346,182BOYAmt
EOY$371,574EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$361,709BOYAmt
EOY$388,578EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$361,709BOYAmt
EOY$388,578EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$26,869ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1REFORMED THEOLOGICAL SEMINARYBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN640428676EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$3,000SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$3,000SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing Doc0ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, SECTION A, LINE 1:FormAndLineReferenceDesc
ExplanationRTS FOUNDATION IS A SUPPORTING ORGANIZATION THAT IS OPERATED, SUPERVISED, OR CONTROLLED BY ITS SUPPORTED ORGANIZATION, REFORMED THEOLOGICAL SEMINARY (RTS). RTS FOUNDATION'S ARTICLES OF INCORPORATION STATES THAT IT IS ORGANIZED, AND AT ALL TIMES THEREAFTER IS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, RELIGIOUS, LITERARY AND/OR EDUCATIONAL PURPOSES AS DESCRIBED IN SECTION 501(C)(3), WITHIN THE MEANING OF SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE. RTS FOUNDATION'S BYLAWS STATE THAT THE ORGANIZATION MAY MAKE DISTRIBUTIONS, IN THE SOLE AND ABSOLUTE DISCRETION OF THE TRUSTEES, TO RTS OR TO SUCH OTHER ORGANIZATIONS ORGANIZED AND OPERATING EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY AND/OR EDUCATIONAL PURPOSES AS SHALL QUALIFY AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE MISSION OF RTS FOUNDATION IS TO SERVE THOSE WHO SHARE WITH RTS THE VISION OF PROVIDING EVANGELICAL BIBLICAL AND THEOLOGICAL EDUCATION IN THE REFORMED TRADITION FOR THE PURPOSE OF PREPARING PASTORS, MISSIONARIES, COUNSELORS, AND OTHER CHURCH LEADERS FOR SERVICE TO THE CHURCH THROUGHOUT THE WORLD. RTS FOUNDATION SUPPORTS RTS THROUGH ITS SUPPORT OF OTHER CHARITABLE ORGANIZATIONS IN THE COMMUNITY THAT HAVE MISSIONS IN COMMON WITH THE CHURCH.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held1DonorAdvisedFundsHeldCnt
Funds And Other Accounts Held3FundsAndOtherAccountsHeldCnt
Donor Advised Funds Vl EOY$3,860DonorAdvisedFundsVlEOYAmt
Funds And Other Accounts Vl EOY$367,714FundsAndOtherAccountsVlEOYAmt
Disclosed Org Leg CtrlYes (1)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (1)DisclosedForCharitablePrpsInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$342,180BeginningYearBalanceAmt
Investment Earnings Or Losses$26,982InvestmentEarningsOrLossesAmt
Administrative Expenses$1,448AdministrativeExpensesAmt
End Year Balance$367,714EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$602,795BeginningYearBalanceAmt
Investment Earnings Or Losses$83,572InvestmentEarningsOrLossesAmt
Grants Or Scholarships$341,763GrantsOrScholarshipsAmt
Administrative Expenses$2,424AdministrativeExpensesAmt
End Year Balance$342,180EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$584,824BeginningYearBalanceAmt
Contributions$67,244ContributionsAmt
Investment Earnings Or Losses$17,971InvestmentEarningsOrLossesAmt
Grants Or Scholarships$67,244GrantsOrScholarshipsAmt
End Year Balance$602,795EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$626,809BeginningYearBalanceAmt
Investment Earnings Or Losses-$29,729InvestmentEarningsOrLossesAmt
Grants Or Scholarships$10,375GrantsOrScholarshipsAmt
Administrative Expenses$1,881AdministrativeExpensesAmt
End Year Balance$584,824EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$577,154BeginningYearBalanceAmt
Investment Earnings Or Losses$122,832InvestmentEarningsOrLossesAmt
Grants Or Scholarships$69,520GrantsOrScholarshipsAmt
Administrative Expenses$3,657AdministrativeExpensesAmt
End Year Balance$626,809EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.27200PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.72800TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE INTENDED USE OF THE FOUNDATION'S ENDOWMENT FUNDS IS TO MAKE DISTRIBUTIONS TO OR FOR THE USE OF ORGANIZATIONS EXEMPT AT THE TIME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (AS AMENDED), UNLESS SUCH ORGANIZATIONS' PURPOSES OR ACTIVITIES ARE ANTITHETICAL TO OR IN CONFLICT WITH THE GOSPEL OF JESUS CHRIST, AS DETERMINED BY THE CORPORATION.
PART X, LINE 2:THE CONSOLIDATED FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. AS OF MAY 31, 2025 THE SEMINARY HAD NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJ LIGON DUNCAN IIIPersonNm
TitleVICE PRESIDENTTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$276,427CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$20,686DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$80,488NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$377,601TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AHOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE HOUSING ALLOWANCES - ANNUALLY REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE SEMINARY. ONE OFFICERS, ONE KEY EMPLOYEES, AND FOUR HIGHEST COMPENSATED EMPLOYEES RECEIVED HOUSING ALLOWANCES WHICH WERE INCLUDED IN THEIR TOTAL NONTAXABLE COMPENSATION. TRAVEL FOR A COMPANION WAS PROVIDE TO A FAMILY MEMBER OF CEO WHICH WAS TREATED AS NON-TAXABLE.
PART I, LINE 3COMPENSATION IS NOT PAID TO ANY OFFICER, DIRECTOR, OR KEY EMPLOYEE OF THE FOUNDATION BUT IS PAID BY REFORMED THEOLOGICAL SEMINARY. THE EXECUTIVE COMMITTEE (A SUBCOMMITTEE OF 11 MEMBERS OF THE BOARD OF DIRECTORS OF REFORMED THEOLOGICAL SEMINARY) REVIEWS AND APPROVES THE TOTAL COMPENSATION OF ALL OFFICERS OF THE SEMINARY AND THE FOUNDATION ON AN ANNUAL BASIS. THE TOTAL AVERAGE COMPENSATION FROM ANNUAL SURVEYS OF U.S. SCHOOLS THAT ARE MEMBERS OF THE ASSOCIATION OF THEOLOGICAL SCHOOLS IS USED TO DETERMINE THE REASONABLENESS OF OFFICER COMPENSATION AS WELL AS OTHER MARKET FACTORS SUCH AS DEGREES, DESIGNATIONS, YEARS OF EXPERIENCE, PREVIOUS EMPLOYMENT RELATIONSHIPS, AND COMPENSATION LEVELS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ATHE EXECUTIVE COMMITTEE OF RTS IS COMPOSED OF NOT MORE THAN 12 MEMBERS. THESE MEMBERS ARE ELECTED BY THE FULL BOARD OF TRUSTEES FROM THEIR OWN MEMBERSHIP BY A VOTE OF THREE-FOURTHS OF THE MEMBERS OF THE TRUSTEES, CONDUCTED BY SECRET BALLOT, BASED UPON RECOMMENDATIONS FROM THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL EXERCISE THE POWERS AND FUNCTIONS OF THE TRUSTEES IN THE BYLAWS AND CHARTER OF THE CORPORATION. THE COMMITTEE IS SPECIFICALLY AUTHORIZED AND EMPOWERED TO PROMULGATE AND ADOPT AN OPERATING MANUAL FOR THE CORPORATION, WHICH MANUAL SHALL CONSTITUTE THE OFFICIAL ACTION OF THE CORPORATION AND SHALL REMAIN IN EFFECT, UNTIL CHANGED, ALTERED OR AMENDED BY ACTION OF THE COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 7ATHE PERSONS SERVING FROM TIME TO TIME AS MEMBERS OF THE COMMITTEE AND AS CHANCELLOR OF THE SEMINARY SHALL AUTOMATICALLY, WITHOUT ANY ADDITIONAL ACTION ON THE PART OF EITHER THE SEMINARY OR THE CORPORATION, SERVE AS TRUSTEES OF THE CORPORATION.
FORM 990, PART VI, SECTION B, LINE 11BA MEETING IS HELD BY THE AUDIT/FINANCE COMMITTEE OF RTS TO ALLOW COMMITTEE MEMBERS TO DISCUSS THE RETURN AND ASK ANY QUESTIONS. AFTER DISCUSSION/REVISIONS HAVE OCCURRED, THE RETURNS ARE RECOMMENDED TO THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL TO BE FILED. THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD ON AN ANNUAL BASIS DISCLOSES RELATED PARTY TRANSACTIONS THAT COULD GIVE RISE TO CONFLICTS. THESE TRANSACTIONS ARE DISCUSSED AND RECORDED IN THE MINUTES OF THE BOARD MEETING FOR REFORMED THEOLOGICAL SEMINARY. PERSONS WITH A CONFLICT ARE PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION.
FORM 990, PART VI, SECTION C, LINE 19RTS FOUNDATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS) AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
REFORMED THEOLOGICAL SEMINARY
4268 I-55NJACKSONMS39211640428676THEOLOGICAL EDUCATIONMS501(C)(3)LINE 2N/A0
REFORMED THEOLOGICAL SEMINARY OF FLORIDA
1231 REFORMATION DRIVEOVIEDOFL32765421647628THEOLOGICAL EDUCATIONFL501(C)(3)LINE 12A, IYes (1)REFORMED THEOLOGICAL SEMINARY
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd