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Mid America Baptist Theological 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 June 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
$3.4M (2023)

Expenses
$6.34M (2023)

Total Assets
$23.5M (2023)

Total Liabilities
$3.34M (2023)

Source: Form 990 tax filings from 2012 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 June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,401,936
Expenses
$6,342,391
Net Income
-$2,940,455
Net Assets
$20,202,093
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,717,923
50.5%
Program Services $1,535,639
45.1%
Investment Income $199,124
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$111,848
Net Inventory Sales $0
Other Revenue $61,098
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $708,263
11.2%
Professional Fundraising Fees $0
Other Salaries and Wages $2,102,175
33.1%
Assets/Debt
Total Assets $23,539,749
Total Liabilities $3,337,656
Net Assets $20,202,093
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Bradley Thompson (Executive Vi) $243,588 $0 $12,622
Dr Michael Spradlin (President) $243,076 $0 $16,537
Dr Randy Redd (Vp For Finan) $184,487 $0 $11,167
Dr Mikey Newborn (Vp For Insti) $184,152 $0 $11,193
Terry Brimhall (Trustee) $0 $0 $0
Curtiss Doss (Trustee) $0 $0 $0
Eugene Howard (Trustee) $0 $0 $0
Roland Maddox (Vice Chairma) $0 $0 $0
Keith Noble (Trustee) $0 $0 $0
Richard Proctor (Trustee) $0 $0 $0
Ray Skinner (Chairman) $0 $0 $0
Jimmie Williams (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,422,482
Expenses
$5,431,913
Net Income
-$9,431
Net Assets
$23,118,932
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,051,619
74.7%
Program Services $1,265,131
23.3%
Investment Income $41,870
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $800
0.0%
Net Inventory Sales $0
Other Revenue $63,062
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $941,339
17.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,554,991
28.6%
Assets/Debt
Total Assets $25,540,580
Total Liabilities $2,421,648
Net Assets $23,118,932
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Spradlin (President) $226,988 $0 $12,836
Dr Bradley Thompson (Executive Vi) $216,273 $0 $9,108
Dr Randy Redd (Vp For Finan) $166,600 $0 $8,847
Dr Mikey Newborn (Vp For Insti) $154,132 $0 $8,728
Terry Brimhall (Trustee) $0 $0 $0
Curtiss Doss (Trustee) $0 $0 $0
Eugene Howard (Trustee) $0 $0 $0
Roland Maddox (Vice Chairma) $0 $0 $0
Keith Noble (Trustee) $0 $0 $0
Richard Proctor (Trustee) $0 $0 $0
Ray Skinner (Chairman) $0 $0 $0
Jimmie Williams (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,304,116
Expenses
$5,328,877
Net Income
-$1,024,761
Net Assets
$23,681,334
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,777,806
64.5%
Program Services $1,029,025
23.9%
Investment Income $33,990
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $405,502
9.4%
Net Inventory Sales $0
Other Revenue $57,793
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $714,981
13.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,087,325
39.2%
Assets/Debt
Total Assets $25,476,776
Total Liabilities $1,795,442
Net Assets $23,681,334
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Bradley Thompson (Executive Vi) $140,789 $0 $68,322
Dr Michael Spradlin (President) $140,499 $0 $80,407
Dr Randy Redd (Vp For Finan) $99,032 $0 $64,631
Dr Lee Brand (Academic Vic) $94,438 $0 $28,223
Nathan Cole (Vp For Insti) $91,000 $0 $25,959
Terry Brimhall (Trustee) $0 $0 $0
Eugene Howard (Trustee) $0 $0 $0
Roland Maddox (Vice Chairma) $0 $0 $0
Keith Noble (Trustee) $0 $0 $0
Richard Proctor (Trustee) $0 $0 $0
Ray Skinner (Chairman) $0 $0 $0
Jimmie Williams (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,548,022
Expenses
$6,195,669
Net Income
-$3,647,647
Net Assets
$23,675,951
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,323,382
51.9%
Program Services $1,077,084
42.3%
Investment Income $147,556
5.8%
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 $718,154
11.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,334,977
37.7%
Assets/Debt
Total Assets $25,433,308
Total Liabilities $1,757,357
Net Assets $23,675,951
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Bradley Thompson (Executive Vi) $147,357 $0 $68,689
Dr Michael Spradlin (President) $138,880 $0 $67,894
Dr Randy Redd (Vp For Finan) $93,936 $0 $60,892
Nathan Cole (Vp For Insti) $91,420 $0 $20,382
Dr Lee Brand (Academic Vic) $58,742 $0 $9,849
Terry Brimhall (Trustee) $0 $0 $0
Eugene Howard (Trustee) $0 $0 $0
Roland Maddox (Vice Chairma) $0 $0 $0
Keith Noble (Trustee) $0 $0 $0
Richard Proctor (Trustee) $0 $0 $0
Ray Skinner (Chairman) $0 $0 $0
Jimmie Williams (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,753,803
Expenses
$6,189,036
Net Income
-$1,435,233
Net Assets
$27,347,633
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,754,005
57.9%
Program Services $1,084,669
22.8%
Investment Income $915,129
19.3%
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 $676,246
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,112,129
34.1%
Assets/Debt
Total Assets $27,491,638
Total Liabilities $144,005
Net Assets $27,347,633
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Bradley Thompson (Executive Vi) $148,680 $0 $70,197
Dr Michael Spradlin (President) $132,411 $0 $48,089
Dr Tim Seal (Academic Vic) $88,475 $0 $50,296
Nathan Cole (Vp For Insti) $84,112 $0 $20,545
Dr Randy Redd (Vp For Finan) $82,059 $0 $58,465
Ray Skinner (Chairman) $0 $0 $0
Roland Maddox (Vice Chairma) $0 $0 $0
Eugene Howard (Trustee) $0 $0 $0
Richard Proctor (Trustee) $0 $0 $0
Jimmie Williams (Trustee) $0 $0 $0
Terry Brimhall (Trustee) $0 $0 $0
Keith Noble (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,503,202
Expenses
$5,952,182
Net Income
-$2,448,980
Net Assets
$29,493,791
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,840,899
52.5%
Program Services $1,144,260
32.7%
Investment Income $518,043
14.8%
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 $699,160
11.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,187,974
36.8%
Assets/Debt
Total Assets $30,177,916
Total Liabilities $684,125
Net Assets $29,493,791
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Spradlin (President) $198,590 $0 $33,573
Dr Bradley Thompson (Executive Vi) $175,449 $0 $30,681
Dr Randy Redd (Vp For Finan) $130,720 $0 $25,090
Dr Tim Seal (Academic Vic) $116,399 $0 $23,300
Nathan Cole (Vp For Insti) $78,000 $0 $18,500
Roland Maddox (Vice Chairma) $0 $0 $0
Ray Skinner (Chairman) $0 $0 $0
Bob Scott (Secretary) $0 $0 $0
Eugene Howard (Trustee) $0 $0 $0
Richard Proctor (Trustee) $0 $0 $0
Jimmie Williams (Trustee) $0 $0 $0
Terry Brimhall (Trustee) $0 $0 $0
Keith Noble (Trustee) $0 $0 $0
Brian White (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,902,514
Expenses
$5,911,709
Net Income
-$2,009,195
Net Assets
$31,942,771
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,847,143
47.3%
Program Services $1,185,093
30.4%
Investment Income $870,278
22.3%
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 $713,277
12.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,063,101
34.9%
Assets/Debt
Total Assets $32,667,580
Total Liabilities $724,809
Net Assets $31,942,771
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Spradlin (President) $196,961 $0 $33,370
Dr Bradley Thompson (Executive Vi) $174,068 $0 $30,509
Randy Redd (Vp For Finan) $129,639 $0 $24,955
Dr Tim Seal (Academic Vic) $115,514 $0 $23,189
Duffy Guyton (Chief Develo) $97,095 $0 $20,887
Roland Maddox (Vice Chairma) $0 $0 $0
Ray Skinner (Chairman) $0 $0 $0
Bob Scott (Secretary) $0 $0 $0
Eugene Howard (Trustee) $0 $0 $0
Richard Proctor (Trustee) $0 $0 $0
Jimmie Williams (Trustee) $0 $0 $0
Terry Brimhall (Trustee) $0 $0 $0
Keith Noble (Trustee) $0 $0 $0
Brian White (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,391,730
Expenses
$5,791,518
Net Income
-$2,399,788
Net Assets
$33,951,966
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,749,687
81.1%
Program Services $1,118,055
33.0%
Investment Income -$476,012
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 $685,750
11.8%
Professional Fundraising Fees $0
Other Salaries and Wages $2,176,795
37.6%
Assets/Debt
Total Assets $34,581,458
Total Liabilities $629,492
Net Assets $33,951,966
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Spradlin (President) $194,357 $0 $32,126
Dr Bradley Thompson (Executive Vi) $160,550 $0 $27,900
Randy Redd (Vp For Finan) $122,468 $0 $23,140
Dr Tim Seal (Academic Vic) $113,648 $0 $22,037
Duffy Guyton (Chief Develo) $94,727 $0 $19,672
Roland Maddox (Vice Chairma) $0 $0 $0
Ray Skinner (Chairman) $0 $0 $0
Bob Scott (Secretary) $0 $0 $0
Eugene Howard (Trustee) $0 $0 $0
Richard Proctor (Trustee) $0 $0 $0
Jimmie Williams (Trustee) $0 $0 $0
Terry Brimhall (Trustee) $0 $0 $0
Keith Noble (Trustee) $0 $0 $0
Nathan Cole (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,130,796
Expenses
$5,829,317
Net Income
-$2,698,521
Net Assets
$36,351,754
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,816,586
58.0%
Program Services $1,184,018
37.8%
Investment Income $130,192
4.2%
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 $2,900,326
49.8%
Assets/Debt
Total Assets $36,786,582
Total Liabilities $434,828
Net Assets $36,351,754
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Spradlin (President) $154,693 $0 $26,476
Dr Bradley Thompson (Executive Vi) $146,871 $0 $25,498
Randy Redd (Vp For Finan) $99,115 $0 $19,529
Dr Tim Seal (Academic Vic) $98,658 $0 $19,472
Duffy Guyton (Chief Develo) $64,438 $0 $15,194
Roland Maddox (Vice Chairma) $0 $0 $0
Ray Skinner (Chairman) $0 $0 $0
Bob Scott (Secretary) $0 $0 $0
Eugene Howard (Trustee) $0 $0 $0
Richard Proctor (Trustee) $0 $0 $0
Jimmie Williams (Trustee) $0 $0 $0
Terry Brimhall (Trustee) $0 $0 $0
Keith Noble (Trustee) $0 $0 $0
Nathan Cole (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,968,044
Expenses
$5,761,396
Net Income
-$793,352
Net Assets
$39,050,275
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,699,951
34.2%
Program Services $1,271,439
25.6%
Investment Income $2,009,701
40.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$13,047
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 $2,942,947
51.1%
Assets/Debt
Total Assets $40,004,386
Total Liabilities $954,111
Net Assets $39,050,275
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Spradlin (President) $124,213 $0 $71,637
Dr Bradley Thompson (Executive Vi) $100,367 $0 $50,880
Randy Redd (Vp For Finan) $82,271 $0 $40,679
Dr Tim Seal (Academic Vic) $57,949 $0 $43,552
Duffy Guyton (Chief Develo) $55,653 $0 $34,031
Roland Maddox (Chairman) $0 $0 $0
Ray Skinner (Vice Chairma) $0 $0 $0
Bob Scott (Secretary) $0 $0 $0
Eugene Howard (Trustee) $0 $0 $0
Richard Proctor (Trustee) $0 $0 $0
Jimmie Williams (Trustee) $0 $0 $0
Stan Harris (Trustee) $0 $0 $0
Terry Brimhall (Trustee) $0 $0 $0
Keith Noble (Trustee) $0 $0 $0
Nathan Cole (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,174,582
Expenses
$5,765,447
Net Income
-$590,865
Net Assets
$39,843,625
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,327,444
45.0%
Program Services $1,334,394
25.8%
Investment Income $669,364
12.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $843,380
16.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,915,734
50.6%
Assets/Debt
Total Assets $40,294,975
Total Liabilities $451,350
Net Assets $39,843,625

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,275,516
Expenses
$5,748,482
Net Income
-$2,472,966
Net Assets
$40,434,490
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,025,996
61.9%
Program Services $1,220,065
37.2%
Investment Income $436,180
13.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$406,725
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,923,235
50.9%
Assets/Debt
Total Assets $40,887,096
Total Liabilities $452,606
Net Assets $40,434,490

Document Links

Fiscal Year Ending June
2011

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 June
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 June
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 June
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 June
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 June
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 June
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

Fiscal Year Ending June
2004

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 June
2003

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 June
2002

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 June
2001

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 »

Get the Data

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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