REFORMED THEOLOGICAL SEMINARY: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- REFORMED THEOLOGICAL SEMINARY (EIN 64-0428676)
- Tax period
- 2024-06-01 to 2025-05-31
- Filed
- 2026-04-15
- IRS object ID
- 202641059349300434
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-04-15T09:17:37-05:00 | ReturnTs |
| Tax Period End | 2025-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 SOUTH TEJON STREET SUITE 1100 | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640428676 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REFORMED THEOLOGICAL SEMINARY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | REFO | BusinessNameControlTxt |
| Phone | 6019231600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4268 I-55 N | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39211 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JESSICA SHORT | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6019231600 | PhoneNum |
| Signature | 2026-04-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SARAH HINTZ | PreparerPersonNm |
| PTIN | P00492291 | PTIN |
| Phone | 7196350330 | PhoneNum |
| Preparation | 2026-04-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | J LIGON DUNCAN III | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4268 I-55 N | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $54,371,520 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | RTS.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1964 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE LEADERS FOR THE CHURCH WITH A MIND FOR TRUTH AND A HEART FOR GODTHROUGH A PROGRAM OF GRADUATE THEOLOGICAL EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 358 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $331,165 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $55,069 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $14,174,563 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,957,073 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,809,580 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $13,488,775 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,796,780 | PYInvestmentIncomeAmt |
| CY Investment Income | $7,813,608 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,247,058 | PYOtherRevenueAmt |
| CY Other Revenue | $1,115,319 | CYOtherRevenueAmt |
| PY Total Revenue | $33,027,981 | PYTotalRevenueAmt |
| CY Total Revenue | $33,374,775 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,812,977 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,218,475 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,186,596 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,742,830 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $95,069 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $254,115 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,741,924 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,052,188 | PYOtherExpensesAmt |
| CY Other Expenses | $9,102,971 | CYOtherExpensesAmt |
| PY Total Expenses | $30,146,830 | PYTotalExpensesAmt |
| CY Total Expenses | $30,318,391 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,881,151 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,056,384 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $130,756,934 | TotalAssetsBOYAmt |
| Total Assets EOY | $133,736,170 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,130,644 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,346,083 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $126,626,290 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $129,390,087 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | REFORMED THEOLOGICAL SEMINARY (RTS) EXISTS TO GLORIFY THE TRIUNE GOD AND TO SERVE HIS CHURCH IN ALL BRANCHES OF EVANGELICAL CHRISTIANITY, ESPECIALLY PRESBYTERIAN AND REFORMED CHURCHES, BY PROVIDING REFORMED GRADUATE THEOLOGICAL EDUCATION THAT IS (CONTINUED ON SCHEDULE O) GLOBALLY ACCESSIBLE. REFORMED THEOLOGICAL SEMINARY EQUIPS ITS STUDENTS FOR MINISTRY, PRIMARILY THROUGH PASTORAL TRAINING, TO BE SERVANT LEADERS MARKED BY A MIND FOR TRUTH. A HEART FOR GOD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $22,910,332 | ExpenseAmt |
| Grant | $6,218,475 | GrantAmt |
| Revenue | $14,149,564 | RevenueAmt |
| Desc | THE SEMINARY SERVES APPROXIMATELY 1,800 STUDENTS THROUGH CAMPUSES IN JACKSON, MS, ORLANDO, FL, CHARLOTTE, NC, METRO WASHINGTON, DC, ATLANTA, GA, HOUSTON, TX, DALLAS, TX, NEW YORK, NY, DISTANCE EDUCATION PROGRAMS, AND AN EXTENSION SITE IN SAO PAULO, BRAZIL. IN ADDITION, THE SEMINARY IS ENHANCING REFORMED THEOLOGY CURRICULUM WITH ORGANIZATIONS IN INDONESIA. STUDENTS AT RTS ARE ENROLLED IN THE FOLLOWING ACADEMIC DEGREE PROGRAMS: MASTER OF DIVINITY, MASTER OF ARTS (THEOLOGICAL STUDIES), MASTER OF ARTS (BIBLICAL STUDIES), MASTER OF ARTS (RELIGION), MASTER OF ARTS IN COUNSELING, MASTER OF ARTS IN CHRISTIAN COUNSELING, MASTER OF THEOLOGY, AND DOCTOR OF MINISTRY. | Desc |
| Total Program Service Expenses | $22,910,332 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1739 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 358 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| 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 | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JESSICA SHORT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6019231600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4268 I-55N | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39211 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| RICHARD RIDGWAY | |||||||||
| CHAIRMAN | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| V HU MEENA | |||||||||
| VICE CHAIRMAN | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RODERICK S RUSS III | |||||||||
| SECRETARY | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM MOUNGER | |||||||||
| TREASURER | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BF BRACY | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HUGH COMER | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT CURTIS | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LARRY EDWARDS | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| T DAVID ELKIN | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GEROGE FAIR | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL HURST III | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES IRBY SR | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| J BYRON JOHNSON | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| COLLIE LEHN | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID H LUCAS | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT MCLELLAN | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| J SCOTT REDD SR | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BENJAMIN ROBERSON | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CRAIG ROHDE | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WARREN WILLIAMSON | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| J LIGON DUNCAN III | |||||||||
| CHANCELLOR/CEO | 40.00 | 1.00 | Yes (X) | $276,427 | $0 | $101,174 | |||
| ROBERT CARA | |||||||||
| PROVOST | 40.00 | 0.00 | Yes (X) | $166,540 | $0 | $22,199 | |||
| RICKY RAYBORN | |||||||||
| CHIEF OPERATING OFFICER | 40.00 | 1.00 | Yes (X) | $124,404 | $0 | $25,061 | |||
| JESSICA SHORT | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 1.00 | Yes (X) | $134,532 | $0 | $14,327 | |||
| DAVID VELDKAMP | |||||||||
| CHIEF ENROLLMENT MANAGEMENT OFFICER | 40.00 | 0.00 | Yes (X) | $116,715 | $0 | $24,386 | |||
| RICHARD DOGGETT | |||||||||
| CHIEF OF STAFF | 40.00 | 0.00 | Yes (X) | $115,354 | $0 | $12,486 | |||
| KIMBERLY SHIRLEY | |||||||||
| CHIEF COMMUNICATIONS OFFICER | 40.00 | 0.00 | Yes (X) | $96,488 | $0 | $22,666 | |||
| AMY HONEYCUTT | |||||||||
| CHIEF MARKETING OFFICER | 40.00 | 0.00 | Yes (X) | $95,494 | $0 | $11,789 | |||
| J SCOTT REDD JR | |||||||||
| PRESIDENT, DC CAMPUS | 40.00 | 0.00 | $161,771 | $0 | $58,126 | Yes (X) | |||
| MARK MCDOWELL | |||||||||
| EXECUTIVE DIRECTOR, DALLAS AND HOUSTON CAMPUSES | 40.00 | 0.00 | $129,306 | $0 | $85,108 | Yes (X) | |||
| SCOTT SWAIN | |||||||||
| PRESIDENT, ORLANDO CAMPUS | 40.00 | 0.00 | $131,381 | $0 | $72,419 | Yes (X) | |||
| MICHAEL KRUGER | |||||||||
| PRESIDENT, CHARLOTTE CAMPUS | 40.00 | 0.00 | $127,609 | $0 | $63,651 | Yes (X) | |||
| ROBERT ALLEN | |||||||||
| PROFESSOR & ACADEMIC DEAN, ORLANDO | 40.00 | 0.00 | $110,393 | $0 | $64,567 | Yes (X) | |||
| DAVID JOHN | |||||||||
| EXECUTIVE DIRECTOR, GLOBAL AND DISTANCE | 40.00 | 0.00 | $116,022 | $0 | $22,533 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,902,436 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $600,492 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 38 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TAX CREDIT CO LLC | |||||
| 12735 MORRIS ROAD SUITE 300 | ALPHARETTA | GA | 30004 | CALCULATION OF EMPLOYEE RETENTION CREDIT | $237,068 |
| KERIOTH CORPORATION | |||||
| 361 TOWNSHIP AVE STE 200 | RIDGELAND | MS | 39157 | OFFICE PARK MANAGEMENT | $143,613 |
| THE FOCUS GROUP | |||||
| 521 A1A BEACH BLVD | ST AUGUSTINE | FL | 32080 | FUNDRAISING CAMPAIGN AND OTHER TRAINING | $138,373 |
| PENDLETON SECURITY | |||||
| PO BOX 14005 | JACKSON | MS | 39236 | SECURITY SERVICES | $133,346 |
| FORVIS MAZARS | |||||
| PO BOX 200870 | DALLAS | TX | 75320 | AUDIT, ACCOUNTING AND TAX FORM PREPARATI | $115,774 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $286,535 | FundraisingAmt |
| Related Organizations | $3,000 | RelatedOrganizationsAmt |
| Government Grants | $827,830 | GovernmentGrantsAmt |
| All Other Contributions | $9,839,708 | AllOtherContributionsAmt |
| Noncash Contributions | $2,322,589 | NoncashContributionsAmt |
| Total Contributions | $10,957,073 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $13,137,595 | $13,137,595 |
| COUNSELING CLINIC INCO | 624190 | $226,331 | $226,331 |
| FINANCE CHARGES | 611600 | $93,066 | $93,066 |
| STUDENT CLINIC FEES | 621111 | $30,300 | $30,300 |
| LIBRARY FINES | 611600 | $1,483 | $1,483 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $13,488,775 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,745,843 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $253,793 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,492,050 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,419,629 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $369,024 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,050,605 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,050,605 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $660,789 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $389,816 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,551,728 | SecuritiesAmt |
| Other | $2,779,603 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,008,295 | SecuritiesAmt |
| Other | $1,255,271 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,543,433 | SecuritiesAmt |
| Other | $1,524,332 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,067,765 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $77,372 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,990,393 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $152,409 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $286,535 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $191,802 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$39,393 | TotalRevenueColumnAmt |
| Exclusion | -$39,393 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $220,234 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $172,353 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,881 | TotalRevenueColumnAmt |
| Exclusion | $47,881 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $56,226 | TotalRevenueColumnAmt |
| Exclusion | $56,226 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $56,226 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,374,775 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,149,564 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $331,165 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,936,973 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,000 | TotalAmt |
| Program Services | $3,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,134,522 | TotalAmt |
| Program Services | $6,134,522 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,953 | TotalAmt |
| Program Services | $80,953 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,659,575 | TotalAmt |
| Program Services | $558,601 | ProgramServicesAmt |
| Management And General | $895,810 | ManagementAndGeneralAmt |
| Fundraising | $205,164 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,043,353 | TotalAmt |
| Program Services | $8,391,622 | ProgramServicesAmt |
| Management And General | $1,880,945 | ManagementAndGeneralAmt |
| Fundraising | $770,786 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $608,788 | TotalAmt |
| Program Services | $441,233 | ProgramServicesAmt |
| Management And General | $115,013 | ManagementAndGeneralAmt |
| Fundraising | $52,542 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $914,994 | TotalAmt |
| Program Services | $699,074 | ProgramServicesAmt |
| Management And General | $165,382 | ManagementAndGeneralAmt |
| Fundraising | $50,538 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $516,120 | TotalAmt |
| Program Services | $292,598 | ProgramServicesAmt |
| Management And General | $182,492 | ManagementAndGeneralAmt |
| Fundraising | $41,030 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,179 | TotalAmt |
| Management And General | $41,179 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,224 | TotalAmt |
| Program Services | $8,439 | ProgramServicesAmt |
| Management And General | $115,756 | ManagementAndGeneralAmt |
| Fundraising | $7,029 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $254,115 | TotalAmt |
| Fundraising | $254,115 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,818 | TotalAmt |
| Management And General | $178,818 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,396 | TotalAmt |
| Program Services | $40,425 | ProgramServicesAmt |
| Management And General | $171,214 | ManagementAndGeneralAmt |
| Fundraising | $1,757 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,370 | TotalAmt |
| Program Services | $9,597 | ProgramServicesAmt |
| Management And General | $131,242 | ManagementAndGeneralAmt |
| Fundraising | $9,531 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $532,900 | TotalAmt |
| Program Services | $308,896 | ProgramServicesAmt |
| Management And General | $149,083 | ManagementAndGeneralAmt |
| Fundraising | $74,921 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $703,171 | TotalAmt |
| Program Services | $603,224 | ProgramServicesAmt |
| Management And General | $93,967 | ManagementAndGeneralAmt |
| Fundraising | $5,980 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,496,758 | TotalAmt |
| Program Services | $2,128,137 | ProgramServicesAmt |
| Management And General | $347,419 | ManagementAndGeneralAmt |
| Fundraising | $21,202 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $737,254 | TotalAmt |
| Program Services | $471,188 | ProgramServicesAmt |
| Management And General | $191,002 | ManagementAndGeneralAmt |
| Fundraising | $75,064 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,219 | TotalAmt |
| Program Services | $29,529 | ProgramServicesAmt |
| Management And General | $58,911 | ManagementAndGeneralAmt |
| Fundraising | $1,779 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,408,708 | TotalAmt |
| Program Services | $2,086,792 | ProgramServicesAmt |
| Management And General | $298,417 | ManagementAndGeneralAmt |
| Fundraising | $23,499 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $413,539 | TotalAmt |
| Program Services | $56,535 | ProgramServicesAmt |
| Management And General | $356,868 | ManagementAndGeneralAmt |
| Fundraising | $136 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| LIBRARY | $229,798 | $229,798 | ||
| STUDENT ACTIVITIES | $129,145 | $129,145 | ||
| DUES & SUBSCRIPTIONS | $104,544 | $59,559 | $43,101 | $1,884 |
| COMMENCEMENT & CONVOCAT | $66,960 | $66,960 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $474,988 | TotalAmt |
| Program Services | $80,505 | ProgramServicesAmt |
| Management And General | $249,516 | ManagementAndGeneralAmt |
| Fundraising | $144,967 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,318,391 | TotalAmt |
| Program Services | $22,910,332 | ProgramServicesAmt |
| Management And General | $5,666,135 | ManagementAndGeneralAmt |
| Fundraising | $1,741,924 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,470,093 | BOYAmt |
| EOY | $2,152,641 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,979 | BOYAmt |
| EOY | $134,479 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,037,587 | BOYAmt |
| EOY | $2,000,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,619,732 | BOYAmt |
| EOY | $3,452,567 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $533,533 | BOYAmt |
| EOY | $2,910,955 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,627 | BOYAmt |
| EOY | $227,091 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,320 | BOYAmt |
| EOY | $262,259 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $65,723,334 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $28,204,892 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,371,623 | BOYAmt |
| EOY | $37,518,442 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,517,889 | BOYAmt |
| EOY | $50,287,084 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,076,032 | BOYAmt |
| EOY | $31,497,615 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,500,519 | BOYAmt |
| EOY | $3,293,037 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,756,934 | BOYAmt |
| EOY | $133,736,170 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,566,775 | BOYAmt |
| EOY | $1,312,047 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,477,477 | BOYAmt |
| EOY | $1,469,030 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,086,392 | BOYAmt |
| EOY | $1,565,006 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,130,644 | BOYAmt |
| EOY | $4,346,083 | 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 | $69,279,972 | BOYAmt |
| EOY | $70,931,180 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,346,318 | BOYAmt |
| EOY | $58,458,907 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,626,290 | BOYAmt |
| EOY | $129,390,087 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,756,934 | BOYAmt |
| EOY | $133,736,170 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,056,384 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $682,076 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$974,663 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,680,692 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,889,897 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,696,653 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,174,562 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,957,073 | CurrentTaxYearAmt |
| Total | $57,398,877 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,680,692 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,889,897 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,696,653 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,174,562 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,957,073 | CurrentTaxYearAmt |
| Total | $57,398,877 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $9,541,595 | SubstantialContributorsTotAmt |
| Public Support Total170 | $47,857,282 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,200,827 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,496,489 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,800,412 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,381,616 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,250,890 | CurrentTaxYearAmt |
| Total | $8,130,234 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $28,511 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $49,773 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,803 | CurrentTaxYearAmt |
| Total | $94,087 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $106,147 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $579,025 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $56,226 | CurrentTaxYearAmt |
| Total | $741,398 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $66,364,596 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $28,075,520 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.72110 | PublicSupportCY170Pct |
| Public Support PY170 | 0.70440 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2022 AMOUNT: $ 106,147. 2023 AMOUNT: $ 1,000. 2024 AMOUNT: $ 56,226. INSURANCE PROCEEDS - 2023 AMOUNT: $ 578,025. | ExplanationTxt |
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
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $396,250 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $72,293,560 | BeginningYearBalanceAmt |
| Contributions | $8,472,133 | ContributionsAmt |
| Investment Earnings Or Losses | $1,791,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,919,132 | OtherExpendituresAmt |
| End Year Balance | $78,637,561 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $71,647,717 | BeginningYearBalanceAmt |
| Contributions | $4,131,309 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,143,703 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $341,763 | GrantsOrScholarshipsAmt |
| End Year Balance | $72,293,560 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $71,274,785 | BeginningYearBalanceAmt |
| Contributions | $684,961 | ContributionsAmt |
| Investment Earnings Or Losses | $155,223 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $67,252 | GrantsOrScholarshipsAmt |
| Other Expenditures | $400,000 | OtherExpendituresAmt |
| End Year Balance | $71,647,717 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $95,588,195 | BeginningYearBalanceAmt |
| Contributions | $368,575 | ContributionsAmt |
| Investment Earnings Or Losses | $80,271 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,375 | GrantsOrScholarshipsAmt |
| Other Expenditures | $24,750,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,881 | AdministrativeExpensesAmt |
| End Year Balance | $71,274,785 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $74,975,102 | BeginningYearBalanceAmt |
| Contributions | $20,437,053 | ContributionsAmt |
| Investment Earnings Or Losses | $249,217 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $69,520 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $3,657 | AdministrativeExpensesAmt |
| End Year Balance | $95,588,195 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.33054 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00127 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.66819 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,549,173 | OtherCostOrOtherBasisAmt |
| Book Value | $5,549,173 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $43,303,986 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,786,282 | DepreciationAmt |
| Book Value | $27,517,704 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $890,970 | OtherCostOrOtherBasisAmt |
| Depreciation | $545,730 | DepreciationAmt |
| Book Value | $345,240 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,848,936 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,832,784 | DepreciationAmt |
| Book Value | $3,016,152 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,130,269 | OtherCostOrOtherBasisAmt |
| Depreciation | $40,096 | DepreciationAmt |
| Book Value | $1,090,173 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $37,518,442 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FLEXIBLE CAPITAL | $5,475,639 | F |
| EQUITY - INTERNATIONAL | $6,025,112 | F |
| EQUITY - DOMESTIC | $811,331 | F |
| PRIVATE EQUITY | $12,209,108 | F |
| PUBLIC REAL ASSETS | $3,375,408 | F |
| REAL ESTATE | $3,574,093 | F |
| OTHER | $26,924 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $31,497,615 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY OBLIGATIONS | $838,060 |
| STUDENT HOUSING DEPOSITS | $48,149 |
| OTHER DEPOSITS | $200 |
| LEASE LIABILITY | $678,597 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,565,006 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $27,052,050 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $682,076 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$610,508 | OtherRevenueAmt |
| Revenue Not Reported | $71,568 | RevenueNotReportedAmt |
| Revenue Subtotal | $26,980,482 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $178,818 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $6,215,475 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $6,394,293 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $33,374,775 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $24,288,253 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $364,155 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $364,155 | ExpensesNotReportedAmt |
| Expenses Subtotal | $23,924,098 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $178,818 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $6,215,475 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6,394,293 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $30,318,391 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ENDOWMENT FUNDS ARE USED TO FUND OPERATING EXPENSES, AWARD SCHOLARSHIPS TO STUDENTS, TAKE ADVANTAGE OF STRATEGIC OPPORTUNITIES, AND TO MAKE DISTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS. |
| 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. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COGS 172,353. FUNDRAISING EVENT EXPENSES 191,802. PLEDGE WRITE-OFF -1,000,000. CHANGE IN ACTUARIAL VALUE 25,337. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID 6,215,475. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COGS 172,353. FUNDRAISING EVENT EXPENSES 191,802. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT AID 6,215,475. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | 0 | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | Yes (1) | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | POLICY IS LOCATED ON OUR WEBSITE UNDER THE ADMISSIONS SECTION. SEE WEBPAGE AT HTTPS://RTS.EDU/ACADEMICS/POLICIES-AND-PROCEDURES-AT-RTS/. |
| SCHEDULE E, PART I, LINE 6 | THE ORGANIZATION RECEIVED 517,935 FOR EMPLOYEE RETENTION CREDIT AND 309,895 FOR CLEAN ENERGY CREDIT. DUE TO OUR TITLE IV STATUS OF "ELIGIBLE NON PARTICIPATING", WE ARE NOT CURRENTLY ABLE TO ADMINISTER ANY VETERAN GI BILL BENEFITS FOR STUDENTS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $3,965,175 |
| SOUTH AMERICA | 0 | 2 | PROGRAM SERVICES | $9,500 |
| SOUTH ASIA | 0 | 0 | GRANTMAKING | $31,200 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANTMAKING | $24,629 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | GRANTMAKING | $10,582 |
| NORTH AMERICA | 0 | 0 | GRANTMAKING | $6,988 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | GRANTMAKING | $3,780 |
| SUB-SAHARAN AFRICA | 0 | 0 | GRANTMAKING | $3,774 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $4,055,628 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $4,055,628 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (6 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| SCHOLARSHIP | EAST ASIA AND THE PACIFIC | 12 | $24,629 | DISBURSED TO STUDENT ACCOUNT |
| SCHOLARSHIP | EUROPE (INCLUDING ICELAND & GREENLAND) | 6 | $10,582 | DISBURSED TO STUDENT ACCOUNT |
| SCHOLARSHIP | NORTH AMERICA | 4 | $6,988 | DISBURSED TO STUDENT ACCOUNT |
| SCHOLARSHIP | CENTRAL AMERICA AND THE CARIBBEAN | 2 | $3,780 | DISBURSED TO STUDENT ACCOUNT |
| SCHOLARSHIP | SUB-SAHARAN AFRICA | 1 | $3,774 | DISBURSED TO STUDENT ACCOUNT |
| SCHOLARSHIP | SOUTH ASIA | 10 | $31,200 | DISBURSED TO STUDENT ACCOUNT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | RECORDS ARE MAINTAINED SHOWING SCHOLARSHIP AWARDS TO SPECIFIC INDIVIDUALS WHO LIVE IN REGIONS OUTSIDE THE UNITED STATES. |
| PART I, LINE 3: | ACCRUAL METHOD |
| SCHEDULE F, PART IV | NO 2024 FORMS 926, 5471, 8621, OR 8865 ARE BEING FILED BECAUSE DISCLOSURE THRESHOLDS WERE NOT MET. |
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 |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|---|
| MATTHEW BRYANT | ||||||||
| 1217 MOUNT OLIVE ROAD | LOOKOUT MOUNTAIN | GA | 30750 | DONOR RELATIONS AND SOLICITATION | 0 | $105,697 | $60,344 | $45,353 |
| THE FOCUS GROUP | ||||||||
| 521 AIA BEACH BLVD | SAINT AUGUSTINE | FL | 32080 | CAPITAL CAMPAIGN FEASIBILITY STUDY | 0 | $0 | $193,771 | -$193,771 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $105,697 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $254,115 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$148,418 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ORLANDO VISION DINNER | Event1Nm |
| Gross Receipts Event1 | $244,534 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $220,173 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $24,361 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $1,438 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $2,694 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $10,806 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $9,423 | OtherDirectExpensesEvent1Amt |
| Event2 | DC 30TH ANNIVERSARY | Event2Nm |
| Gross Receipts Event2 | $94,800 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $94,800 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $5,362 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $38,333 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $32,904 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $33,515 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $24,079 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $99,610 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $66,362 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $33,248 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $0 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $0 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $21,245 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $12,003 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $438,944 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $286,535 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $152,409 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $6,800 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $41,027 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $64,955 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $33,515 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $45,505 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $191,802 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$39,393 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| SCHOLARSHIPS | 38 | $6,095,924 | N/A | N/A |
| EMERGENCY SCHOLARSHIPS | 33 | $38,598 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIP ASSISTANCE IS APPROVED AND MONITORED FOR INDIVIDUALS THROUGH CAMPUS SCHOLARSHIP COMMITTEES WITH CONSULTING FROM INSTITUTIONAL FINANCIAL AID STAFF. | 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 (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| J LIGON DUNCAN III | ||||||||||||||
| CHANCELLOR/CEO | $276,427 | $0 | $0 | $0 | $0 | $0 | $20,686 | $0 | $80,488 | $0 | $377,601 | $0 | $0 | $0 |
| J SCOTT REDD JR | ||||||||||||||
| PRESIDENT, DC CAMPUS | $161,771 | $0 | $0 | $0 | $0 | $0 | $12,808 | $0 | $45,318 | $0 | $219,897 | $0 | $0 | $0 |
| MARK MCDOWELL | ||||||||||||||
| EXECUTIVE DIRECTOR, DALLAS AND HOUST | $129,306 | $0 | $0 | $0 | $0 | $0 | $10,308 | $0 | $74,800 | $0 | $214,414 | $0 | $0 | $0 |
| SCOTT SWAIN | ||||||||||||||
| PRESIDENT, ORLANDO CAMPUS | $131,381 | $0 | $0 | $0 | $0 | $0 | $10,757 | $0 | $61,662 | $0 | $203,800 | $0 | $0 | $0 |
| MICHAEL KRUGER | ||||||||||||||
| PRESIDENT, CHARLOTTE CAMPUS | $127,609 | $0 | $0 | $0 | $0 | $0 | $11,536 | $0 | $52,115 | $0 | $191,260 | $0 | $0 | $0 |
| ROBERT CARA | ||||||||||||||
| PROVOST | $166,540 | $0 | $0 | $0 | $0 | $0 | $10,547 | $0 | $11,652 | $0 | $188,739 | $0 | $0 | $0 |
| ROBERT ALLEN | ||||||||||||||
| PROFESSOR & ACADEMIC DEAN, ORLANDO | $110,393 | $0 | $0 | $0 | $0 | $0 | $9,609 | $0 | $54,958 | $0 | $174,960 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | HOUSING 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 7 | THE SEMINARY PAID DISCRETIONARY NON-FIXED BONUS PAYMENTS TO THE CHIEF MARKETING OFFICER AND CHIEF COMMUNICATIONS OFFICER. |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | FAMILY MEMBERS | RelationshipWithOrgTxt |
| Cash Grant | $41,331 | CashGrantAmt |
| Type Of Assistance | SCHOLARSHIPS | TypeOfAssistanceTxt |
| Assistance Purpose | EDUCATION | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | J SCOTT REDD JR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY MEMBER OF BOARD MEMBER | RelationshipDescriptionTxt |
| Transaction | $242,778 | TransactionAmt |
| Transaction | COMPENSATION | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 29 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,322,589 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. |
| PART I, LINE 32B: | THE SEMINARY USES THIRD-PARTY REALTORS TO MARKET AND SELL DONATED LAND. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE 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 2 | J. SCOTT REDD, JR. AND J. SCOTT REDD, SR. HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | A MEETING IS HELD BY THE AUDIT/FINANCE COMMITTEE OF THE SEMINARY 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 ALSO PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE FULL BOARD OF TRUSTEES AND OFFICERS OF THE SEMINARY ON AN ANNUAL BASIS DISCLOSE RELATED PARTY TRANSACTIONS THAT COULD GIVE RISE TO CONFLICTS. ANY TRANSACTIONS THAT ARE DISCLOSED ARE REPORTED IN THE MINUTES OF THE BOARD MEETINGS. PERSONS WITH A CONFLICT ARE PROHIBITED FROM PARTICIPATING IN THE BOARD DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE TOTAL COMPENSATION OF ALL OFFICERS OF THE SEMINARY ON AN ANNUAL BASIS AND IT IS DOCUMENTED IN THE BOARD MINUTES. 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, YEARS OF EXPERIENCE, PREVIOUS EMPLOYMENT RELATIONSHIPS, AND COMPENSATION LEVELS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. |
| FORM 990, PART VI, SECTION C, LINE 19 | REFORMED THEOLOGICAL SEMINARY 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 XI, LINE 9: | CHANGE IN BENEFICIAL INTEREST IN TRUSTS 25,337. PLEDGE WRITE-OFF -1,000,000. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| REFORMED PROPERTIES LLC | |||||||||
| 1231 REFORMATION DRIVE | OVIEDO | FL | 32765 | 270679756 | REAL ESTATE | FL | $263,905 | $1,154,700 | RTS |
| BELCHER PROPERTIES LLC | |||||||||
| 4268 I-55N | JACKSON | MS | 39211 | REAL ESTATE | MS | $0 | $0 | RTS | |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| RTS FOUNDATION INC | ||||||||||
| 4268 I-55N | JACKSON | MS | 39211 | 640918136 | FUNDRAISING | MS | 501(C)(3) | LINE 12A, I | RTS | Yes (1) |
| REFORMED THEOLOGICAL SEMINARY OF FLORIDA | ||||||||||
| 1231 REFORMATION DRIVE | OVIEDO | FL | 32765 | 421647628 | THEOLOGIC EDUCATION | FL | 501(C)(3) | LINE 12A, I | RTS | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |