Reformed Theological Seminary

Organization Overview

Reformed Theological Seminary is located in Jackson, MS. The organization was established in 1964. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 05/2020, Reformed Theological Seminary employed 357 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 05/2020, Reformed Theological Seminary generated $26.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $23.1m during the year ending 05/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PREPARE LEADERS FOR THE CHURCH WITH "A MIND FOR TRUTH AND A HEART FOR GOD" THROUGH A PROGRAM OF GRADUATE THEOLOGICAL EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SEMINARY SERVES APPROXIMATELY 1,850 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, AND DOCTOR OF MINISTRY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Corbett Construction
Construction
$522,864
Pendleton Security
Security
$151,339
Hederman Brothers
Printing Services
$118,199
Shi International Corporation
Information Services
$117,447
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$125,475
Related organizations$90,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,170,959
Noncash contributions included in lines 1a–1f $1,004,704
Total Revenue from Contributions, Gifts, Grants & Similar$8,386,434
Total Program Service Revenue$11,154,176
Investment income $1,104,589
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $367,824
Net Gain/Loss on Asset Sales $5,665,450
Net Income from Fundraising Events -$27,940
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$79,961
Miscellaneous Revenue$0
Total Revenue $26,762,042

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Reformed Theological Seminary has recieved totaling $67,856.

Awarding OrganizationAmount
$24,676
Bailey Family Foundation Inc

Vero Beach, FL

PURPOSE: CHARITABLE PURPOSES

$14,000
Raymond James Charitable Endowment Fund

St Petersburg, FL

PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT

$10,500
Henry & Martha Hederman Charitable Foundation

Madison, MS

PURPOSE: TO SUPPORT THE PURPOSES OF THE SEMINARY.

$10,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$8,680
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$78,960,995
Earnings$219,170
Admin Expense$3,922
Net Contributions$1,074,561
Other Expense$5,214,747
Grants$60,955
Ending Balance$74,975,102

Create an account to unlock the data you need.

or