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Maryland Theological College And Seminary

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Graduate, Professional Schools (Separate Entities) (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$33k (2023)

Expenses
$28.2k (2023)

Total Assets
$21.7k (2023)

Total Liabilities
$6.91k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,984
Expenses
$28,247
Net Income
$4,737
Net Assets
$14,747
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $32,984
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $21,660
Total Liabilities $6,913
Net Assets $14,747
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $1,299 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,399
Expenses
$12,189
Net Income
-$4,790
Net Assets
$10,010
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,399
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,010
Total Liabilities $0
Net Assets $10,010
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,457
Expenses
$51,157
Net Income
-$41,700
Net Assets
$14,800
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,457
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $17,325
33.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,800
Total Liabilities $0
Net Assets $14,800
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,743
Expenses
$65,653
Net Income
-$38,910
Net Assets
$47,095
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,743
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $21,657
33.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $46,687
Total Liabilities -$408
Net Assets $47,095
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$157,968
Expenses
$197,905
Net Income
-$39,937
Net Assets
$86,005
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $157,968
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $47,103
23.8%
Assets/Debt
Total Assets $90,996
Total Liabilities $4,991
Net Assets $86,005
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$162,387
Expenses
$137,192
Net Income
$25,195
Net Assets
$125,940
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $162,387
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $5,414
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $51,102
37.2%
Assets/Debt
Total Assets $126,073
Total Liabilities $133
Net Assets $125,940
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $0 $5,414 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$180,301
Expenses
$170,778
Net Income
$9,523
Net Assets
$98,452
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $180,301
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $26,313
15.4%
Professional Fundraising Fees $0
Other Salaries and Wages $68,400
40.1%
Assets/Debt
Total Assets $100,957
Total Liabilities $2,505
Net Assets $98,452
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $4,331 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$175,688
Expenses
$164,992
Net Income
$10,696
Net Assets
$88,929
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $175,688
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $25,988
15.8%
Professional Fundraising Fees $0
Other Salaries and Wages $65,104
39.5%
Assets/Debt
Total Assets $92,892
Total Liabilities $3,963
Net Assets $88,929
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $6,497 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$146,671
Expenses
$151,717
Net Income
-$5,046
Net Assets
$78,233
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $146,671
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,912
19.1%
Professional Fundraising Fees $0
Other Salaries and Wages $32,485
21.4%
Assets/Debt
Total Assets $79,351
Total Liabilities $1,118
Net Assets $78,233
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $6,497 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$140,418
Expenses
$169,698
Net Income
-$29,280
Net Assets
$83,279
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $140,418
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $74,174
43.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $84,488
Total Liabilities $1,209
Net Assets $83,279
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $19,274 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$217,441
Expenses
$209,534
Net Income
$7,907
Net Assets
$112,559
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $217,441
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $115,964
55.3%
Assets/Debt
Total Assets $114,286
Total Liabilities $1,727
Net Assets $112,559
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
James Ahn (Officer) $22,956 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$169,575
Expenses
$180,369
Net Income
-$10,794
Net Assets
$92,319
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $169,575
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $76,714
42.5%
Assets/Debt
Total Assets $94,948
Total Liabilities $2,629
Net Assets $92,319

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$169,537
Expenses
$180,403
Net Income
-$10,866
Net Assets
$103,113
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $169,537
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $42,029
23.3%
Professional Fundraising Fees $0
Other Salaries and Wages $39,333
21.8%
Assets/Debt
Total Assets $103,113
Total Liabilities $0
Net Assets $103,113

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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