Liabilities / Assets
27th percentile
Tied with the lowest-debt nonprofits in its peer group.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
27th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
27th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
5th percentile
Higher net margin than 5% of similar nonprofits.
Top Officer Pay
98th percentile
Higher top officer pay than 98% of similar nonprofits.
Top officer pay equals 457.1% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Assets
Down$618,948
Down $18,228 (-2.9%) from 2017
Net Assets
Down$618,948
Down $18,228 (-2.9%) from 2017
Liabilities
Flat$0
Flat from 2017
Revenue
Up$71,009
Up $37,797 (+114%) from 2017
Expenses
Up$116,304
Up $76,679 (+194%) from 2017
Net Income
Down-$45,295
Down $38,882 (-606%) from 2017
The mission of the rts foundation is to serve those who share with reformed theological seminary the vision of providing evangelical biblical and theological education in the reformed tradition for the purpose of preparing pastors, (continued on schedule o) missionaries, counselors and other church leaders for service to the church throughout the world by assisting donors in maximizing their giving to support reformed theological seminary while at the same time providing maximum benefit to themselves and their families. The most advanced tools of estate and gift planning are employed utilizing methods of increasing giving, maximizing tax savings and often to increase lifetime income. The ultimate mission of the rts foundation is to serve christ through the ministry of reformed theological seminary by serving its friendsand supporters.
See Schedule O
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $635,615 | $617,387 | ▼ $18,228 |
| Cash and Non-Interest-Bearing Accounts | $1,561 | $1,561 | → $0 |
| Total Assets | $637,176 | $618,948 | ▼ $18,228 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $521,195 | $497,593 | ▼ $23,602 |
| Permanently Rstr Net Assets | $100,000 | $100,000 | → $0 |
| Unrestricted Net Assets | $15,981 | $21,355 | ▲ $5,374 |
| Total Net Assets Fund Balance | $637,176 | $618,948 | ▼ $18,228 |
| Total Liabilities and Net Assets / Fund Balance | $637,176 | $618,948 | ▼ $18,228 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2017 | $618,574 | $0 | ▲ $40,459 | - | $593,758 |
| 2016 | $591,732 | $0 | ▲ $48,268 | - | $618,574 |
| 2015 | $575,566 | $19,600 | ▲ $5,731 | - | $591,732 |
| 2014 | $546,257 | $14,950 | ▲ $26,919 | - | $575,566 |
| 2013 | $519,630 | $13,765 | ▲ $30,049 | - | $546,257 |
| Name | Title |
|---|---|
| BF Bracy | Chairman |
| E Bradley Tisdale | President |
| J Ligon Duncan III | Vice President |
| Collie W Lehn | Trustee |
| David Lucas | Trustee |
| George R Fair | Trustee |
| J Scott Redd Sr | Trustee |
| James L Moore | Trustee |
| Larry W Edwards | Trustee |
| Paul A Hurst III | Trustee |
| Richard L Ridgway | Trustee |
| William M Mounger II | Trustee |
| Roderick Russ III | Secretary |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $107,787 |
| Other Expenses | $8,517 |
| Total Fundraising Expense | $8,517 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $107,787 | - | - | $107,787 |
| Fees for Services Legal | - | - | $6,848 | $6,848 |
| Fees for Services Accounting | - | - | $1,520 | $1,520 |
| Office Expenses | - | - | $149 | $149 |
| Total Functional Expenses | $107,787 | $0 | $8,517 | $116,304 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $116,304 |
| Total Expenses per Audited Statements | $116,304 |
| Total Expenses per Form 990 | $116,304 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Reformed Theological Seminary | Jackson, MS | 501(c)(3) | General operations | $78,000 |
| Christ Covenant Church | Matthews, NC | 501(c)(3) | See Part IV | $10,700 |
| Senai International Inc | Waxhaw, NC | 501(c)(3) | See Part IV | $9,887 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“A meeting is held by the audit/finance committee of RTS to allow committee members to discuss the return and ask any questions. After discussion/revisions have occurred, the returns are recommended to the Executive Committee for review and approval to be filed. The Form 990 is also provided to all Board members for review prior to filing with the IRS.”
“The Board on an annual basis discloses related party transactions that could give rise to conflicts. These transactions are discussed and recorded in the minutes of the Board meeting for Reformed Theological Seminary. Persons with a conflict are prohibited from participating in the Board's deliberations and decisions regarding the transaction.”
“Compensation is not paid to any officer, director, or key employee of the Foundation but is paid by Reformed Theological Seminary. The Executive Committee (a subcommittee of 11 members of the Board of Directors of Reformed Theological Seminary) reviews and approves the total compensation of all officers of the Seminary and the Foundation on an annual basis. The total average compensation from annual surveys of U.S. schools that are members of the Association of Theological Schools is used to determine the reasonableness of officer compensation as well as other market factors such as degrees, designations, years of experience, previous employment relationships, and compensation levels.”
“RTS Foundation makes its financial statements, governing documents (articles of incorporation and bylaws), and conflict of interest policy available to the public upon request.”
“To support the mission of Reformed Theological Seminary (RTS), by providing assistance to friends of RTS as they consider giving to this ministry.”
“The mission of the RTS Foundation is to serve those who share with Reformed Theological Seminary the vision of providing evangelical Biblical and theological education in the Reformed tradition for the purpose of preparing pastors, missionaries, counselors and other church leaders for service to the church throughout the world by assisting donors in maximizing their giving to support Reformed Theological Seminary while at the same time providing maximum benefit to themselves and their families. The most advanced tools of estate and gift planning are employed utilizing methods of increasing giving, maximizing tax savings and often to increase lifetime income. The ultimate mission of the RTS Foundation is to serve Christ through the ministry of Reformed Theological Seminary by serving its friends and supporters.”
“The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.”
“The intended use of the Foundation's endowment funds is to make distributions to or for the use of organizations exempt at the time under section 501(c)(3) of the Internal Revenue Code (as amended), unless such organizations' purposes or activities are antithetical to or in conflict with the Gospel of Jesus Christ, as determined by the corporation.”
“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, 2018 and 2017, the Foundation had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | See Schedule O |
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| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | E Bradley Tisdale |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6019231600 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5422 Clinton Boulevard |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Jackson |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 39209 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1561 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1561 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 48937 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 107787 |
| IRS990/CYInvestmentIncomeAmt | 0 | 13555 |
| IRS990/CYOtherExpensesAmt | 0 | 8517 |
| IRS990/CYOtherRevenueAmt | 0 | 8517 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -45295 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 116304 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 8517 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 71009 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | The Foundation's purposes are exclusively for religious, charitable, scientific, literary and/or educational purposes within the meaning of the IRC section 501(c)(3). The Foundation provided grants to Reformed Theological Seminary and other eligible 501(c)(3) exempt organizations approved by the Foundation's Board of Trustees. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DistributionToDonorInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 107787 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 1520 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1520 |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 6848 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 6848 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 42960 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | BF Bracy |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Roderick Russ III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Collie W Lehn |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | David Lucas |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | James L Moore |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Larry W Edwards |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Richard L Ridgway |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | George R Fair |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | William M Mounger II |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | J Scott Redd Sr |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Paul A Hurst III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | E Bradley Tisdale |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | J Ligon Duncan III |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 281610 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Vice President |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1999 |
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| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 256 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantAmt | 0 | 107787 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 107787 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 107787 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 10193 |
| IRS990/GrossReceiptsAmt | 0 | 80946 |
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| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
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| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
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| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 13299 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 13299 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 635615 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 617387 |
| IRS990/IRPDocumentCnt | 0 | 0 |
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| IRS990/LegalDomicileStateCd | 0 | MS |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 9937 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | See Schedule O |
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| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 637176 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 618948 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 256 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 256 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 27067 |
| IRS990/NoncashContributionsAmt | 0 | 9937 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 149 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 149 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Service Fee |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8517 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 8517 |
| IRS990/OtherRevenueTotalAmt | 0 | 8517 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 100000 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 100000 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | E Bradley Tisdale |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 13170 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 28700 |
| IRS990/PYInvestmentIncomeAmt | 0 | 12066 |
| IRS990/PYOtherExpensesAmt | 0 | 10925 |
| IRS990/PYOtherRevenueAmt | 0 | 7976 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -6413 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 39625 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 33212 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -45295 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 8517 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | RTS Foundation is a supporting organization that is operated, supervised, or controlled by its supported organization, Reformed Theological Seminary (RTS). RTS Foundation's articles of incorporation states that it is organized, and at all times thereafter is operated exclusively for charitable, scientific, religious, literary and/or educational purposes as described in section 501(c)(3) of the Internal Revenue Code, and exclusively for the benefit of, to perform the functions of, or to carry out the purposes of RTS, within the meaning of section 509(a)(3) of the Internal Revenue Code. RTS Foundation's bylaws state that the organization may make distributions, in the sole and absolute discretion of the Trustees, to RTS or to such other organizations organized and operated exclusively for charitable, religious, scientific, literary and/or educational purposes as shall qualify as an exempt organization under section 501(c)(3) of the Internal Revenue Code. The mission of RTS Foundation is to serve those who share with RTS the vision of providing evangelical Biblical and theological education in the Reformed tradition for the purpose of preparing pastors, missionaries, counselors and other church leaders for service to the church throughout the world. RTS Foundation supports RTS through its support of other charitable organizations in the community that have missions in common with the church. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | RTS Foundation supports the purpose and mission of RTS by providing support to other charitable organizations that have a common goal and purpose. It is through this support that RTS is able to demonstrate its commitment to the community as a whole. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Part IV, Section A, Line 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | Part IV, Section B, Line 2 |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 640428676 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 78000 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | Reformed Theological Seminary |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 78000 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 5275 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 618574 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 0 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 593758 |
| IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 60000 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 40459 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 3726 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 591732 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 0 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 618574 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 17700 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 48268 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 4665 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 575566 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 19600 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 591732 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 4500 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 5731 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 4560 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 546257 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 14950 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 575566 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 8000 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 26919 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 4187 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 519630 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 13765 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 546257 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 13000 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 30049 |
| IRS990ScheduleD/DisclosedForCharitablePrpsInd | 0 | 1 |
| IRS990ScheduleD/DisclosedOrgLegCtrlInd | 0 | 1 |
| IRS990ScheduleD/DonorAdvisedFundsContriAmt | 0 | 39000 |
| IRS990ScheduleD/DonorAdvisedFundsGrantsAmt | 0 | 92787 |
| IRS990ScheduleD/DonorAdvisedFundsHeldCnt | 0 | 4 |
| IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt | 0 | 489279 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 116304 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 27067 |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.16800 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 27067 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 71009 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The intended use of the Foundation's endowment funds is to make distributions to or for the use of organizations exempt at the time under section 501(c)(3) of the Internal Revenue Code (as amended), unless such organizations' purposes or activities are antithetical to or in conflict with the Gospel of Jesus Christ, as determined by the corporation. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | 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, 2018 and 2017, the Foundation had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part V, Line 4: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part X, Line 2: |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 0.83200 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 116304 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 71009 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 98076 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 116304 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 78000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 10700 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 9887 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(c)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501(c)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 2 | 501(c)(3) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | General operations |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | See Part IV |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | See Part IV |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | Reformed Theological Seminary |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | Christ Covenant Church |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | Senai International Inc |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 640428676 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 561581434 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 2 | 262607296 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 5422 Clinton Blvd |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 800 Fullwood Ln |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | PO Box 133 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Jackson |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | Matthews |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | Waxhaw |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | NC |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 2 | NC |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 39209 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 28105 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 2 | 28173 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | Recipient organizations of grant funds are investigated by RTS development staff and approved by the RTS Foundation Board before they are disbursed. This policy ensures that all grant funds are utilized in accordance with the RTS Foundation's mission and purpose. |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 1 | The purpose of the contributions to Christ Covenant Church were for their general fund ($4,000), building fund ($3,000), scholarship fund ($3,000), and ministry staff ($700). |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 2 | The purpose of the contributions to Senai International, Inc., were to support ministry staff ($9,887). |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 2: |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part 2, Line 1(2), Column H |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part 2, Line 1(3), Column H |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 3 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 0 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.