Civic Intelligence

Shepherds Theological Seminary Inc.

990 • Fiscal year 2018 • EIN 20-0180768

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 06, 2018

Organization ProfileWWW.SHEPHERDS.EDU
6051 Tryon RoadCary, NC 27518

(919) 573-5350

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.72x

Higher debt load relative to assets than 84% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

72nd percentile

0.31x

Higher debt load relative to revenue than 72% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

36th percentile

0.3%

Higher net margin than 36% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

70th percentile

$116,255

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

4th percentile

-27%

Faster asset growth than 4% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

89th percentile

55%

Faster revenue growth than 89% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$734,394

Down $275,008 (-27%) from 2017

Net Assets

Up

$204,176

Up $5,309 (+2.7%) from 2017

Liabilities

Down

$530,218

Down $280,317 (-35%) from 2017

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin36th percentile

Revenue

Up

$1,701,858

Up $607,124 (+55%) from 2017

Expenses

Up

$1,696,549

Up $231,645 (+16%) from 2017

Net Income

Up

$5,309

Up $375,479 (+101%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $471,823Liabilities 2011: $160,472Net Assets 2011: $311,3512011Assets 2012: $529,964Liabilities 2012: $59,470Net Assets 2012: $470,4942012Assets 2013: $401,428Liabilities 2013: $189,156Net Assets 2013: $212,2722013Assets 2014: $512,604Liabilities 2014: $175,466Net Assets 2014: $337,1382014Assets 2015: $599,128Liabilities 2015: $112,545Net Assets 2015: $486,5832015Assets 2016: $1,177,747Liabilities 2016: $608,405Net Assets 2016: $569,3422016Assets 2017: $1,009,402Liabilities 2017: $810,535Net Assets 2017: $198,8672017Assets 2018: $734,394Liabilities 2018: $530,218Net Assets 2018: $204,1762018Assets 2019: $922,245Liabilities 2019: $634,630Net Assets 2019: $287,6152019Assets 2020: $1,702,408Liabilities 2020: $1,310,173Net Assets 2020: $392,2352020Assets 2021: $1,562,546Liabilities 2021: $641,128Net Assets 2021: $921,4182021Assets 2022: $1,634,882Liabilities 2022: $581,136Net Assets 2022: $1,053,7462022Assets 2023: $1,717,921Liabilities 2023: $505,051Net Assets 2023: $1,212,8702023Assets 2024: $2,986,406Liabilities 2024: $558,162Net Assets 2024: $2,428,2442024

Highlighted filing

2018

Assets$734,394
Liabilities$530,218
Net Assets$204,176
Open 2018 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $956,0512011Expenses 2012: $1,064,1272012Expenses 2013: $1,152,7212013Revenue 2014: $1,323,583Expenses 2014: $1,198,717Net Income 2014: $124,8662014Revenue 2015: $1,382,466Expenses 2015: $1,231,813Net Income 2015: $150,6532015Revenue 2016: $1,376,690Expenses 2016: $1,293,931Net Income 2016: $82,7592016Revenue 2017: $1,094,734Expenses 2017: $1,464,904Net Income 2017: -$370,1702017Revenue 2018: $1,701,858Expenses 2018: $1,696,549Net Income 2018: $5,3092018Revenue 2019: $2,039,632Expenses 2019: $1,964,703Net Income 2019: $74,9292019Revenue 2020: $2,615,396Expenses 2020: $2,510,776Net Income 2020: $104,6202020Revenue 2021: $3,230,898Expenses 2021: $2,701,715Net Income 2021: $529,1832021Revenue 2022: $3,082,209Expenses 2022: $2,949,881Net Income 2022: $132,3282022Revenue 2023: $3,691,999Expenses 2023: $3,532,885Net Income 2023: $159,1142023Revenue 2024: $4,864,504Expenses 2024: $3,649,130Net Income 2024: $1,215,3742024

Highlighted filing

2018

Revenue$1,701,858
Expenses$1,696,549
Net Income$5,309
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 6, 2018
Return Version
2017v2.3
Gross Receipts
$2,325,946
Mission and Program Overview

Mission

To train men and women for ministry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$198,974$299,888▲ $100,914
Land, Buildings, and Equipment, Net$781,795$243,512▼ $538,283
Cash and Non-Interest-Bearing Accounts-$143,895-
Accounts Receivable$11,800$25,985▲ $14,185
Prepaid Expenses and Deferred Charges$16,833$21,114▲ $4,281
Total Assets$1,009,402$734,394▼ $275,008
Liabilities
Accounts Payable and Accrued Expenses$271,964$425,525▲ $153,561
Unsecured Notes Loans Payable$335,400--
Mortgage Notes Payable Secured by Investment Property$181,052$60,000▼ $121,052
Deferred Revenue$11,654$44,693▲ $33,039
Other Liabilities$10,465$0▼ $10,465
Total Liabilities$810,535$530,218▼ $280,317
Net Assets / Fund Balance
Temporarily Rstr Net Assets$160,047$367,602▲ $207,555
Unrestricted Net Assets$38,820$-163,426▼ $202,246
Total Net Assets Fund Balance$198,867$204,176▲ $5,309
Total Liabilities and Net Assets / Fund Balance$1,009,402$734,394▼ $275,008

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$201,153$445,463$646,616
Other Land Buildings$6,888$149,086$155,974
Equipment$35,471$77,433$112,904
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry PettegrewProvost DeanFT$101,600$14,655$116,255
Al PotterVP of AdvancementFT$92,875$14,446$107,321
Ewart HodginsCFOPT$40,500-$40,500

Board Members and Trustees

NameTitle
Bobby GodfreyChairman of the Board
Stephen DaveyPresident
Alan CropseyBoard Member
Arne NewmanBoard Member
Bob KingBoard Member
David Gibbs IiiBoard Member
Don HongBoard Member
Jack OwenBoard Member
Les LofquistBoard Member
Paul MartinBoard Member
Paul NewbyBoard Member
Thomas BarberBoard Member
Pam GeraceSecretary
Wayne WittTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,212,442
Program Service Revenue
$513,820
Investment Income
$-41,551
Other Revenue
$17,147
All Other Contributions
$1,212,042
Change in Net Assets
$5,309

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$100,949Fair Market Value (FMV)
Books and Publications-$26,748Fair Market Value (FMV)
Total Noncash Contributions2$127,697-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,701,858
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$326,900
Total Revenue per Audited Statements
$2,028,758
Total Revenue per Form 990
$1,701,858
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,289,071
Other Expenses$368,124
Total Fundraising Expense$60,709
Grants and Similar Amounts Paid$39,354
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Pension Plan Contributions$741,234$111,005-$852,239
Other Salaries and Wages$211,045$43,899$9,131$264,075
Other Employee Benefits$92,449$71,953$7,048$171,450
All Other Expenses$32,130$14,541$13,964$60,635
Grants to Domestic Individuals$39,354--$39,354
Depreciation Depletion$27,512$1,885$942$30,339
Interest$16,327$5,442$5,442$27,211
Information Technology$20,247$1,823$4,545$26,615
Fees for Services Accounting$14,587$4,862$4,862$24,311
Office Expenses$16,120$2,301$4,573$22,994
Other Expenses$20,526$213$435$21,174
Conferences and Meetings$6,085$12,079$221$18,385
Advertising$4,214$588$588$5,390
Travel$1,721$2,878$542$5,141
Insurance$4,895--$4,895
Fees for Services Legal-$226$2,030$2,256
Payroll Taxes$784$392$131$1,307
Total Functional Expenses$1,353,770$282,070$60,709$1,696,549

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,023,449
Expenses per Audited Statements$1,696,549
Total Expenses per Form 990$1,696,549
Expenses Not Reported on Form 990$326,900
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,590
Fundraising Direct Expenses$4,443
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$21,990$21,590$4,443$17,147
Total Events$21,990$21,590$4,443$17,147
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“After the 990 is prepared, it is reviewed by the finance committee before being signed and filed.”

Form 990, Part VI, Section B, Line 12C

“Board members are aware of the conflict of interest policy. They are asked to disclose any conflicts when they are known. Also, if there is an issue where it is known that a board member has a conflict of interest, then they are asked to exclude themselves from the discussion and voting.”

Form 990, Part VI, Section B, Line 15

“Compensation is reviewed and recommended by the finance committee. The committee uses salaries of people in comparable positions and available surveys. The executive committee of the board reviews and approves the finance committee recommendations. All compensation is approved in the annual budget.”

Form 990, Part VI, Section C, Line 19

“Documents are available at the organization's offices weekdays from 9am to 5pm.”

Filing and Contact Details

Filer

Filer Name
Shepherds Theological Seminary Inc
EIN
20-0180768
Phone
9195735350
Address
6051 TRYON ROAD, CARY, NC 27518

Signing Officer

Name
Ewart Hodgins
Title
CFO
Phone
9195735350
Signed
2018-12-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ewart Hodgins
Formed
2003
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
13
Employees
21
Volunteers
8

Preparer

Firm
Williams Overman Pierce Llp
Address
2501 ATRIUM DRIVE SUITE 500, RALEIGH, NC 27607
Preparer
Gwen L Vass CPA
Phone
9197823444
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The seminary evaluates all significant tax positions as required by accounting principles generally accepted in the united states of america. As of june 30, 2018 and 2017, the seminary does not believe that it has taken any positions that would require the recording of any additional tax liability, nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next year. The seminary is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. As of june 30, 2018 management believes it is no longer subject to income tax examinations for years prior to the year ended june 30, 2015.”

Raw XML AppendixShowing 400 of 546 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0SHEPHERDS THEOLOGICAL SEMINARY IS AN ACCREDITED GRADUATE SCHOOL PROVIDING QUALITY ACADEMIC AND THEOLOGICAL TRAINING FOR STUDENTS DESIRING TO SERVE IN LEADERSHIPS ROLES AT CHURCHES, NON-PROFITS, AND OTHER FAITH-BASED ORGANIZATIONS. DURING THE 2017-2018 ACADEMIC YEAR, STS WAS ENGAGED IN GRADUATE EDUCATION AT THREE SITES. AT ITS CARY, NC CAMPUS, STS PROVIDED A TOTAL OF 65 COURSES RANGING FROM 1 TO 17 STUDENTS ENROLLED. THESE COURSES INCLUDE TRADITIONAL ACADEMIC COURSES ON THEOLOGY, HISTORY, PHILOSOPHY, AND BIBLICAL LANGUAGES, THESES COURSES, PRACTICAL MINISTRY COURSES, INDIVIDUAL INTERNSHIPS, AND INDEPENDENT STUDY COURSES. THE WEST INSTITUTE OF STS, A TEACHING SITE LOCATED IN LARAMIE WY, PROVIDED A TOTAL OF 16 CLASSROOM COURSES RANGING FROM 9 TO 14 STUDENTS ENROLLED. ADDITIONALLY, THE STS TEACHING SITE IN BRYAN, TX, PROVIDED A TOTAL OF 2 COURSES WITH 4 STUDENTS ENROLLED IN EACH. IN TOTAL, THE FOLLOWING NUMBERS OF STUDENTS PARTICIPATED IN PROGRAMS AT STS: 115 GRADUATE STUDENTS (DEGREE/CREDIT SEEKING) AND 36 NON-DEGREE-SEEKING/AUDIT STUDENT. STS DELIVERED 1594 TOTAL CREDIT HOURS OF INSTRUCTION, OF WHICH 117 CREDITS WERE TAUGHT VIA DISTANCE EDUCATION. STS HAD 10 GRADUATES IN MAY AND 10 GRADUATES IN AUGUST, 2018 WHO ARE PARTICIPATING IN A VARIETY OF MINISTRIES, INCLUDING THE FOLLOWING: PASTORS, ASSISTANT PASTORS, CHURCH PLANTERS, MISSIONARIES, BIBLICAL COUNSELORS, LAY-COUNSELORS, NON-PROFIT WORKERS, AND LOCAL-CHURCH VOLUNTEERS. SIMILARLY, STS'S ALUMNI SERVE IN ALL AREAS OF LOCAL CHURCH MINISTRY, PARA-CHURCH MINISTRIES, FOREIGN MINISTRIES, AND DOCTORAL PROGRAMS AND ACADEMIC APPOINTMENTS.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1540500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16101600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP OF ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt16PROVOST DEAN
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0400
IRS990/FundraisingDirectExpensesAmt04443
IRS990/FundraisingGrossIncomeAmt021590
IRS990/GainOrLossGrp/OtherAmt0-41645
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt039354
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt039354
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt039354
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0578000
IRS990/GrossReceiptsAmt02325946
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt04545
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01823
IRS990/InformationTechnologyGrp/ProgramServicesAmt020247
IRS990/InformationTechnologyGrp/TotalAmt026615
IRS990/InsuranceGrp/ProgramServicesAmt04895
IRS990/InsuranceGrp/TotalAmt04895
IRS990/InterestGrp/FundraisingAmt05442
IRS990/InterestGrp/ManagementAndGeneralAmt05442
IRS990/InterestGrp/ProgramServicesAmt016327
IRS990/InterestGrp/TotalAmt027211
IRS990/InvestmentIncomeGrp/ExclusionAmt094
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt094
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0671982
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0781795
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0243512
IRS990/LandBldgEquipCostOrOtherBssAmt0915494
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0619645
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO TRAIN MEN AND WOMEN FOR MINISTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0181052
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt060000
IRS990/NetAssetsOrFundBalancesBOYAmt0198867
IRS990/NetAssetsOrFundBalancesEOYAmt0204176
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-41645
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-41645
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt017147
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt017147
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0127697
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt04573
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02301
IRS990/OfficeExpensesGrp/ProgramServicesAmt016120
IRS990/OfficeExpensesGrp/TotalAmt022994
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07048
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt071953
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt092449
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0171450
IRS990/OtherExpensesGrp/Desc0ISRAEL STUDENT EXPERIEN
IRS990/OtherExpensesGrp/Desc1STUDENT RECRUITMENT & A
IRS990/OtherExpensesGrp/Desc2REPAIRS
IRS990/OtherExpensesGrp/Desc3CLASSROOM EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt01579
IRS990/OtherExpensesGrp/FundraisingAmt14676
IRS990/OtherExpensesGrp/FundraisingAmt2435
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03379
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14604
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2213
IRS990/OtherExpensesGrp/ProgramServicesAmt069490
IRS990/OtherExpensesGrp/ProgramServicesAmt122031
IRS990/OtherExpensesGrp/ProgramServicesAmt213019
IRS990/OtherExpensesGrp/ProgramServicesAmt320526
IRS990/OtherExpensesGrp/TotalAmt069490
IRS990/OtherExpensesGrp/TotalAmt126989
IRS990/OtherExpensesGrp/TotalAmt222299
IRS990/OtherExpensesGrp/TotalAmt321174
IRS990/OtherLiabilitiesGrp/BOYAmt010465
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09131
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043899
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0211045
IRS990/OtherSalariesAndWagesGrp/TotalAmt0264075
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0131
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0392
IRS990/PayrollTaxesGrp/ProgramServicesAmt0784
IRS990/PayrollTaxesGrp/TotalAmt01307
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0111005
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0741234
IRS990/PensionPlanContributionsGrp/TotalAmt0852239
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016833
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021114
IRS990/PrincipalOfficerNm0EWART HODGINS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611310
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0513820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0513820
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0766920
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt067926
IRS990/PYInvestmentIncomeAmt0-26453
IRS990/PYOtherExpensesAmt0345679
IRS990/PYOtherRevenueAmt0-512
IRS990/PYProgramServiceRevenueAmt0354779
IRS990/PYRevenuesLessExpensesAmt0-370170
IRS990/PYSalariesCompEmpBnftPaidAmt01051299
IRS990/PYTotalExpensesAmt01464904
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01094734
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt05309
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0513820
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0198974
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0299888
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0326900
IRS990ScheduleD/DonatedServicesUseFcltsAmt0326900
IRS990ScheduleD/EquipmentGrp/BookValueAmt035471
IRS990ScheduleD/EquipmentGrp/DepreciationAmt077433
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0112904
IRS990ScheduleD/ExpensesNotReportedAmt0326900
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01696549
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0201153
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0445463
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0646616
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06888
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0149086
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0155974
IRS990ScheduleD/RevenueNotReportedAmt0326900
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01701858
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SEMINARY EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF JUNE 30, 2018 AND 2017, THE SEMINARY DOES NOT BELIEVE THAT IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY, NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR. THE SEMINARY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. AS OF JUNE 30, 2018 MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO THE YEAR ENDED JUNE 30, 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0243512
IRS990ScheduleD/TotalExpensesPerForm990Amt01696549
IRS990ScheduleD/TotalRevenuePerForm990Amt01701858
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02028758
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02023449
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$734,394
Liabilities
$530,218
Net assets
$204,176
Revenue
$1,701,858
Expenses
$1,696,549
Net income
$5,309
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.99$0.56$2.43$4.86$3.65$1.22
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.51$1.21$3.69$3.53$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.58$1.05$3.08$2.95$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.64$0.92$3.23$2.70$0.53
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$1.31$0.39$2.62$2.51$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.63$0.29$2.04$1.96$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.73$0.53$0.20$1.70$1.70$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.81$0.20$1.09$1.46$0.37
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.61$0.57$1.38$1.29$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.11$0.49$1.38$1.23$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.18$0.34$1.32$1.20$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.19$0.21$1.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.06$0.47$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.16$0.31$0.96