William Forsythe Tr Fbo Bangor Theological Seminary
- Assets
- $389.6k
- Revenue
- $75.1k
- Investments
- $378.0k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/1982
- Data as of
- 09/2022
- EIN
- 01-6058075
Organization Overview
William Forsythe Tr Fbo Bangor Theological Seminary is located in Dallas, TX. The organization was established in 1982. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William Forsythe Tr Fbo Bangor Theological Seminary is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, William Forsythe Tr Fbo Bangor Theological Seminary generated $75.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 69.5% each year . All expenses for the organization totaled $31.4k during the year ending 09/2022. While expenses have increased by 3.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,087 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,019 |
| Capital Gain Net Income | $67,019 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $75,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,964 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $352 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $228 |
| Total operating and administrative expenses | $9,389 |
| Contributions, gifts, grants paid | $22,038 |
| Total expenses and disbursements | $31,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,672 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $389,630 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oblate School Of Theology San Antonio, TX | $56,887,314 | $9,892,922 |
Phillips Theological Seminary Corporation Tulsa, OK | $139,965,847 | $9,611,504 |
Messenger College Inc Euless, TX | $3,337,243 | $1,019,482 |
South Houston Bible Institute Houston, TX | $1,204,213 | $212,134 |
Southwestern Baptist Theological Seminary Mary Hardin-Baylor Tr 137 Dallas, TX | $1,163,699 | $235,060 |
William Forsythe Tr Fbo Bangor Theological Seminary Dallas, TX | $389,630 | $75,106 |