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The Masters University 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 / Undergraduate College (4-year) (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.
Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$85.1M (2023)

Expenses
$75.5M (2023)

Total Assets
$167M (2023)

Total Liabilities
$48.2M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits 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.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$85,143,754
Expenses
$75,532,642
Net Income
$9,611,112
Net Assets
$118,488,142
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,800,477
25.6%
Program Services $62,457,616
73.4%
Investment Income $1,081,281
1.3%
Bond Proceeds $0
Royalties $26,580
0.0%
Rental Property Income -$12,276
Net Fundraising -$7,601
Sales of Assets -$158,182
Net Inventory Sales -$87,230
Other Revenue $43,089
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $689,475
0.9%
Professional Fundraising Fees $657
0.0%
Other Salaries and Wages $25,012,757
33.1%
Assets/Debt
Total Assets $166,684,429
Total Liabilities $48,196,287
Net Assets $118,488,142
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lucas Cherry (University Vp Of Development) $229,950 $0 $7,780
Thomas Hopewell (Provost And Dean Of Online) $154,689 $0 $91,508
Abner Chou President Mac Arthur (Endowed Chair Of Biblical Studies) $153,300 $0 $25,233
Corey Williams (Seminary Chief Communications Officer) $152,919 $0 $27,216
Ryan Zamroz (University Sr Dir. Of Development) $151,274 $0 $5,376
John Russell (Controller) $141,797 $0 $27,596
Todd Kostjuk (Cfo & Vp Of Administration) $133,704 $0 $179,502
Thomas Halstead University (Dean, School Of Biblical Studies) $113,634 $0 $104,921
Jade Greenfield (Chief Development Officer) $111,587 $0 $116,520
Dariu Dumitru (Chief Enrollment & Marketing) $103,224 $0 $128,004
Paul Twiss (Seminary Instructor) $88,201 $0 $138,377
John Mac Arthur (Board Member & Chancellor) $33,123 $0 $0
Jonathan Rourke (Vice Chair) $30,650 $0 $0
Scott Ardavanis (Board Member & Faculty) $8,325 $0 $0
Mark Tatlock (Secretary & Faculty) $7,155 $0 $0
Brad Armstrong (Chair) $0 $0 $0
David Van Wingerden (Treasurer) $0 $0 $0
Luis Contreras (Board Member) $0 $0 $0
Bryan Hughes (Board Member) $0 $0 $0
Jesse Johnson (Board Member) $0 $0 $0
George Lawson (Board Member) $0 $0 $0
Felix Martin Del Campo (Board Member) $0 $0 $0
Matthew Sakiestewa Gilbert (Board Member) $0 $0 $0
George Sanders (Board Member) $0 $0 $0
Rod Shackelford (Board Member) $0 $0 $0

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Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$80,766,902
Expenses
$63,547,849
Net Income
$17,219,053
Net Assets
$102,167,576
Notable Sources of Revenue Percent of Total Revenue
Contributions $28,272,294
35.0%
Program Services $49,301,242
61.0%
Investment Income $1,078,307
1.3%
Bond Proceeds $0
Royalties $35,362
0.0%
Rental Property Income $64,136
0.1%
Net Fundraising -$29,672
Sales of Assets $1,630,492
2.0%
Net Inventory Sales $381,225
0.5%
Other Revenue $33,516
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $565,462
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $22,705,632
35.7%
Assets/Debt
Total Assets $147,412,644
Total Liabilities $45,245,068
Net Assets $102,167,576
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lucas Cherry (University Vp Of Development) $221,030 $0 $11,968
Sam Horn (Former President) $209,000 $0 $104,534
Dariu Dumitru (Chief Enrollment & Marketing) $170,970 $0 $22,604
Thomas Hopewell (Provost And Dean Of Online Learning) $170,240 $0 $53,417
Abner Chou President Mac Arthur (Endowed Chair Of Biblical Studies) $162,282 $0 $26,801
John Russell (Controller) $148,817 $0 $27,691
John Stead (Executive Vice President) $144,705 $0 $75,488
Todd Kostjuk (Cfo & Vp Of Administration) $133,529 $0 $178,324
Thomas Halstead University (Dean, School Of Biblical Studies) $116,159 $0 $100,697
Jade Greenfield (Chief Development Officer Seminary) $111,891 $0 $112,077
Mark Zhakevich Finance Dir (Assoc Pof And Acadmic Chair) $52,107 $0 $153,127
Jonathan Rourke (Chair) $44,083 $0 $0
Scott Ardavanis (Board Member & Faculty) $25,695 $0 $0
Brad Armstrong (Vice Chair) $0 $0 $0
Bryan Hughes (Secretary) $0 $0 $0
David Van Wingerden (Treasurer) $0 $0 $0
Hon Cho (Board Member) $0 $0 $0
Jesse Johnson (Board Member) $0 $0 $0
Felix Martin Del Campo (Board Member) $0 $0 $0
Robert Provost (Board Member) $0 $0 $0
Matthew Sakiestewa Gilbert (Board Member) $0 $0 $0
George Sanders (Board Member) $0 $0 $0
Rod Shackelford (Board Member) $0 $0 $0
Mark Tatlock (Board Member) $0 $0 $0
David Wismer (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$74,618,505
Expenses
$55,834,252
Net Income
$18,784,253
Net Assets
$90,695,232
Notable Sources of Revenue Percent of Total Revenue
Contributions $27,445,335
36.8%
Program Services $43,271,351
58.0%
Investment Income $663,845
0.9%
Bond Proceeds $0
Royalties $25,842
0.0%
Rental Property Income $182,748
0.2%
Net Fundraising $11,631
0.0%
Sales of Assets -$1,278,192
Net Inventory Sales $360,709
0.5%
Other Revenue $3,935,236
5.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,011,096
1.8%
Professional Fundraising Fees $5,315
0.0%
Other Salaries and Wages $21,869,175
39.2%
Assets/Debt
Total Assets $126,279,049
Total Liabilities $35,583,817
Net Assets $90,695,232
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sam Horn Part Year (President) $258,999 $0 $180,299
Lucas Cherry (University Vp Of Development) $229,085 $0 $26,986
Thomas Hopewell (Provost And Dean Of Online Learning) $158,675 $0 $37,964
Dariu Dumitru (Chief Enrollment & Marketing Officer) $154,978 $0 $8,075
John Russell (Controller) $139,292 $0 $25,786
Paul Sedy (Chief Information Officer) $133,618 $0 $26,484
John Stead (Executive Vice President) $133,264 $0 $76,882
Todd Kostjuk (Cfo & Vp Of Administration) $133,059 $0 $148,201
Thomas Halstead University (Dean, School Of Biblical Studies) $125,245 $0 $94,202
Abner Chou Interim President (Mac Arthur Endowed Ch. Biblical Studies) $121,749 $0 $24,699
Jade Greenfield (Seminary Vp Of Development) $106,607 $0 $106,747
Nathan Busenitz Seminary Dean (Of Faculty & Academic Provost) $80,951 $0 $146,799
Scott Ardavanis (Board Member & Faculty) $30,443 $0 $0
Jonathan Rourke (Chair) $11,962 $0 $0
Richard Dewey Part Year (Board Member) $11,475 $0 $0
Brad Armstrong (Vice Chair) $0 $0 $0
Bryan Hughes (Secretary) $0 $0 $0
Mark Shackelford Part Year (Secretary) $0 $0 $0
Bradley Wetherell (Treasurer) $0 $0 $0
George Jackson (Board Member) $0 $0 $0
Felix Martin Del Campo (Board Member) $0 $0 $0
Robert Provost (Board Member) $0 $0 $0
George Sanders (Board Member) $0 $0 $0
John Van Wingerden (Board Member) $0 $0 $0
David Wismer (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,206,286
Expenses
$49,555,365
Net Income
$3,650,921
Net Assets
$65,936,518
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,320,513
25.0%
Program Services $38,570,660
72.5%
Investment Income $950,647
1.8%
Bond Proceeds $0
Royalties $37,776
0.1%
Rental Property Income $146,981
0.3%
Net Fundraising -$14,703
Sales of Assets -$65,257
Net Inventory Sales $226,292
0.4%
Other Revenue $33,377
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $650,119
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $19,867,890
40.1%
Assets/Debt
Total Assets $103,536,998
Total Liabilities $37,600,480
Net Assets $65,936,518
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lucas Cherry (University Vp Of Development) $220,683 $0 $21,994
John Russell (Controller) $147,562 $0 $21,162
Thomas Hopewell (Provost And Dean Of Online Learning) $138,547 $0 $21,033
Dariu Dumitru (Chief Enrollment & Marketing Officer) $126,972 $0 $18,177
Abner Chou John F Mac Arthur (Endowed Chair Of Biblical Studies) $126,037 $0 $19,634
John Stead (Interim President) $121,688 $0 $75,062
Thomas Halstead University (Dean, School Of Biblical Studies) $112,324 $0 $95,705
Todd Kostjuk (Cfo & Vp Of Administration) $99,919 $0 $120,715
Kelvin Starr (University Athletic Director) $91,396 $0 $117,497
Richard Gregory (Seminary Senior Vp) $60,335 $0 $131,380
Steve Lawson (Board Member & Faculty (Part Year)) $45,000 $0 $0
Nathan Busenitz Seminary (Dean Of Faculty & Academic Provost) $43,608 $0 $134,216
Scott Ardavanis (Board Member & Faculty) $7,500 $0 $0
Jesse Johnson (Board Member & Consultant) $3,750 $0 $0
Sam Horn (President) $0 $0 $0
Jonathan Rourke (Chair) $0 $0 $0
Brad Armstrong (Vice Chair) $0 $0 $0
Mark Shackelford (Secretary) $0 $0 $0
Bradley Wetherell (Treasurer) $0 $0 $0
Philip De Courcy (Board Member) $0 $0 $0
Richard Dewey (Board Member) $0 $0 $0
Bryan Hughes (Board Member) $0 $0 $0
George Jackson (Board Member) $0 $0 $0
Felix Martin Del Campo (Board Member) $0 $0 $0
Robert Provost (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,465,112
Expenses
$50,761,489
Net Income
$4,703,623
Net Assets
$62,945,971
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,355,609
22.3%
Program Services $39,724,488
71.6%
Investment Income $791,304
1.4%
Bond Proceeds $0
Royalties $33,730
0.1%
Rental Property Income $119,515
0.2%
Net Fundraising -$13,215
Sales of Assets $2,162,991
3.9%
Net Inventory Sales $30,618
0.1%
Other Revenue $260,072
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $747,150
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $20,155,618
39.7%
Assets/Debt
Total Assets $95,671,483
Total Liabilities $32,725,512
Net Assets $62,945,971
Other
Operated a school
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kevin Hill University Dean Of (Faculty & School Of Business) $181,176 $0 $25,307
Lucas Cherry (University Vp Of Development) $171,896 $0 $26,203
Brian Morley University (Professor Of Biblical Studies) $113,428 $0 $77,291
John Stead (Interim President) $99,365 $0 $80,512
Michael Grisanti (Seminary Professor Of Old Testament) $82,075 $0 $156,808
Richard Gregory (Seminary Senior Vp) $72,956 $0 $119,090
Steve Lawson (Board Member & Faculty) $49,438 $0 $0
John Mac Arthur (President (Part Year)) $38,811 $0 $27,154
Mark Zhakevich (Vp Of Finance (Part Year)) $25,099 $0 $145,890
Bradley Wetherell Treasurer (And Development Consultant) $13,500 $0 $0
Tom Pennington (Board Member & Faculty (Part Year)) $7,500 $0 $18,275
Todd Kostjuk Cfo And (Vp Of Administration) $5,416 $0 $103,175
Scott Ardavanis (Board Member & Faculty) $5,300 $0 $13,950
Jesse Johnson (Board Member) $2,500 $0 $0
Jonathan Rourke (Chair / Vice Chair (Part Year)) $0 $0 $0
Randy Kirkland (Chair (Part Year)) $0 $0 $0
Brad Armstrong (Vice Chair) $0 $0 $0
Mark Shackelford (Secretary) $0 $0 $0
Philip De Courcy (Board Member) $0 $0 $0
Richard Dewey (Board Member) $0 $0 $9,775
Bryan Hughes (Board Member) $0 $0 $0
George Jackson (Board Member) $0 $0 $0
Felix Martin Del Campo (Board Member) $0 $0 $0
Robert Provost (Board Member) $0 $0 $0
Richard Riddle (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,552,843
Expenses
$56,351,593
Net Income
$4,201,250
Net Assets
$59,868,520
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,632,633
20.9%
Program Services $46,576,385
76.9%
Investment Income $808,269
1.3%
Bond Proceeds $0
Royalties $35,250
0.1%
Rental Property Income $105,269
0.2%
Net Fundraising -$30,554
Sales of Assets $343,264
0.6%
Net Inventory Sales $45,982
0.1%
Other Revenue $36,345
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $610,216
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $19,421,951
34.5%
Assets/Debt
Total Assets $94,710,308
Total Liabilities $34,841,788
Net Assets $59,868,520
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kevin Hill (University Dean Of Faculty) $201,732 $0 $25,600
Lucas Cherry (University Vp Development) $150,996 $0 $26,497
Jason Hartung Part Year (Cfo) $137,058 $0 $45,571
Brian Morley Univ Professor (Of Biblical Studies) $118,683 $0 $78,070
Michael Grisanti Seminary (Professor Of Old Testament) $102,801 $0 $138,906
Phil Ross Part Year (Controller & Assistant Treasurer) $99,832 $0 $18,690
Thomas Halstead University (Dean Of School, Biblical Studies) $89,683 $0 $94,669
Mark Zhakevich (Vp Of Finance) $62,665 $0 $77,975
Richard Gregory Seminary (Vp For Administration) $62,393 $0 $113,166
Steve Lawson (Board Member & Faculty) $59,500 $0 $0
John Mac Arthur (President & Board Member) $39,004 $0 $23,774
Bradley Wetherell Treasurer (And Development Consultant) $18,000 $0 $0
Jesse Johnson (Board Member & Faculty) $9,500 $0 $0
Jonathan Rourke (Board Member & Staff) $7,504 $0 $0
Tom Pennington (Chairman & Faculty) $4,250 $0 $33,900
Scott Ardavanis (Board Member) $356 $0 $0
Chris Hamilton (Vice Chairman) $0 $0 $0
Bryan Hughes (Secretary) $0 $0 $0
Brad Armstrong (Board Member) $0 $0 $0
Philip De Courcy (Board Member) $0 $0 $0
Richard Dewey (Board Member) $0 $0 $9,800
George Jackson (Board Member) $0 $0 $0
Randy Kirkland (Board Member) $0 $0 $0
Felix Martin Del Campo (Board Member) $0 $0 $0
Robert Provost (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$57,224,029
Expenses
$53,517,021
Net Income
$3,707,008
Net Assets
$54,457,646
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,288,434
19.7%
Program Services $44,761,074
78.2%
Investment Income $608,889
1.1%
Bond Proceeds $0
Royalties $35,652
0.1%
Rental Property Income $103,969
0.2%
Net Fundraising -$14,611
Sales of Assets $421,742
0.7%
Net Inventory Sales $13,798
0.0%
Other Revenue $5,082
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,140,543
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $18,421,587
34.4%
Assets/Debt
Total Assets $89,515,140
Total Liabilities $35,057,494
Net Assets $54,457,646

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,733,266
Expenses
$50,762,983
Net Income
$2,970,283
Net Assets
$48,414,200
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,042,360
15.0%
Program Services $43,677,248
81.3%
Investment Income $517,757
1.0%
Bond Proceeds $0
Royalties $32,610
0.1%
Rental Property Income $93,152
0.2%
Net Fundraising $12,087
0.0%
Sales of Assets $1,156,105
2.2%
Net Inventory Sales $155,885
0.3%
Other Revenue $46,062
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $956,419
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $17,501,160
34.5%
Assets/Debt
Total Assets $81,036,998
Total Liabilities $32,622,798
Net Assets $48,414,200
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kirk Linahan (College Director Of Market) $151,731 $0 $18,155
Lucas Cherry (College Vp Development) $135,436 $0 $20,344
Jason Hartung (Cfo) $130,573 $0 $20,680
Kevin Hill (College Chair Business Dep) $130,120 $0 $25,898
Phil Ross (Controller) $106,687 $0 $14,872
E Lee Duncan (College Exec Vice Presiden) $75,169 $0 $103,522
Thomas Halstead (College Chair Biblical Counseling) $68,401 $0 $84,070
Irv Busenitz (Seminary Svp For Academic) $61,647 $0 $72,891
Steve Lawson (Board Member & Faculty) $50,000 $0 $0
John Mac Arthur (President & Board Member) $44,900 $0 $20,055
Richard Gregory (Seminary Svp For Administr) $32,762 $0 $112,596
Bradley Wetherell (Board Member & Development) $18,000 $0 $0
Richard Mayhue (Seminary Research Professo) $17,701 $0 $135,617
Philip De Courcy (Board Member) $17,250 $0 $0
Tom Pennington (Vice Chairman) $16,600 $0 $0
Jonathan Rourke (Board Member & Staff) $14,191 $0 $0
Jesse Johnson (Board Member) $4,550 $0 $0
James W Rickard (Chairman) $0 $0 $0
David Wismer (Secretary) $0 $0 $0
Richard Riddle (Treasurer) $0 $0 $0
Jack Babbitt (Board Member) $0 $0 $0
Louis Herwaldt (Board Member) $0 $0 $0
Bryan Hughes (Board Member) $0 $0 $0
Chris Hamilton (Board Member) $0 $0 $0
Randy Kirkland (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,534,960
Expenses
$47,999,925
Net Income
$5,535,035
Net Assets
$48,174,359
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,973,392
18.6%
Program Services $41,750,916
78.0%
Investment Income $527,365
1.0%
Bond Proceeds $0
Royalties $91,327
0.2%
Rental Property Income $76,742
0.1%
Net Fundraising -$18,172
Sales of Assets $1,105,527
2.1%
Net Inventory Sales $0
Other Revenue $27,863
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $832,433
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $16,838,070
35.1%
Assets/Debt
Total Assets $80,359,788
Total Liabilities $32,185,429
Net Assets $48,174,359
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Kirk Linahan (College Director Of Marketing) $148,944 $0 $16,161
Lucas Cherry (College Vp Development) $134,540 $0 $16,187
Jason Hartung (Cfo) $133,111 $0 $16,161
Phil Ross (Controller) $106,738 $0 $11,313
E Lee Duncan (College Exec Vice President) $92,521 $0 $73,946
Michael Grisanti (Seminary Professor) $91,102 $0 $99,208
Michael Vlach (Seminary Associate Professor Of Theology) $73,144 $0 $84,072
Irv Busenitz (Seminary Svp For Academic Administration) $69,345 $0 $82,527
Richard Mayhue (Seminary Research Professor Of Theology) $57,937 $0 $146,733
John Mac Arthur (President & Board Member) $40,323 $0 $18,914
Steve Lawson (Board Member & Adjunct Fac) $21,200 $0 $0
Bradley Wetherell (Board Member & Development Consultant) $18,000 $0 $0
Richard Gregory (Seminary Svp For Administration) $12,546 $0 $15,171
S Lance Quinn Part Year (Board Member & Adjunct Fac) $8,000 $0 $0
Philip De Courcy (Board Member) $1,400 $0 $22,790
James W Rickard (Chairman) $0 $0 $0
Tom Pennington (Vice Chairman) $0 $0 $0
David Wismer (Secretary) $0 $0 $0
Richard Riddle (Treasurer) $0 $0 $0
Jack Babbitt (Board Member) $0 $0 $0
Louis Herwaldt (Board Member) $0 $0 $0
Bryan Hughes (Board Member) $0 $0 $0
Chris Hamilton (Board Member) $0 $0 $0
Robert Provost (Board Member) $0 $0 $0
George Sanders (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$47,386,439
Expenses
$44,213,690
Net Income
$3,172,749
Net Assets
$45,518,521
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,050,807
12.8%
Program Services $39,668,265
83.7%
Investment Income $582,565
1.2%
Bond Proceeds $0
Royalties $48,772
0.1%
Rental Property Income $28,547
0.1%
Net Fundraising -$24,765
Sales of Assets $1,000,530
2.1%
Net Inventory Sales $0
Other Revenue $31,718
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,006,026
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $16,007,725
36.2%
Assets/Debt
Total Assets $84,453,746
Total Liabilities $38,935,225
Net Assets $45,518,521
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alexander Granados (College Vp Academics) $130,065 $0 $13,527
Nate Prince (College Cio) $122,972 $0 $16,090
Jason Hartung (Cfo) $120,810 $0 $16,090
Phil Ross (Controller) $96,005 $0 $11,263
Michael Grisanti (Seminary Professor) $76,692 $0 $126,781
Mark Tatlock (College Exec Vice President & Provost) $63,940 $0 $99,897
Thomas Halstead (Chair, Biblical Studies) $63,675 $0 $76,014
Richard Mayhue (Sem Exec Vice President & Provost) $54,845 $0 $146,416
Michael Vlach (Seminary Professor) $54,387 $0 $96,363
John Mac Arthur (President & Board Member) $43,074 $0 $19,316
Steve Lawson (Board Member & Adjunct Fac) $20,663 $0 $13,650
S Lance Quinn (Board Member & Adjunct Fac) $13,000 $0 $40,950
James W Rickard (Chairman) $0 $0 $0
Tom Pennington (Vice Chairman) $0 $0 $0
David Wismer (Secretary) $0 $0 $0
Richard Riddle (Treasurer) $0 $0 $0
Jack Babbitt (Board Member) $0 $0 $0
Philip De Courcy (Board Member) $0 $0 $43,660
Louis Herwaldt (Board Member) $0 $0 $0
Bryan Hughes (Board Member) $0 $0 $0
John Anderson Jr Part Year (Board Member) $0 $0 $0
Chris Hamilton (Board Member) $0 $0 $0
Robert Provost (Board Member) $0 $0 $0
George Sanders (Board Member) $0 $0 $0
John Van Windergen (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,214,957
Expenses
$43,687,283
Net Income
$2,527,674
Net Assets
$42,700,304
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,179,271
11.2%
Program Services $39,893,007
86.3%
Investment Income $459,363
1.0%
Bond Proceeds $0
Royalties $35,155
0.1%
Rental Property Income -$9,164
Net Fundraising -$22,559
Sales of Assets $641,350
1.4%
Net Inventory Sales $0
Other Revenue $38,534
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $887,576
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $15,974,549
36.6%
Assets/Debt
Total Assets $81,023,447
Total Liabilities $38,323,143
Net Assets $42,700,304

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,845,440
Expenses
$42,231,346
Net Income
$1,614,094
Net Assets
$38,737,263
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,286,028
9.8%
Program Services $38,657,083
88.2%
Investment Income $297,150
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income -$43,628
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $648,807
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $741,492
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $15,625,479
37.0%
Assets/Debt
Total Assets $77,549,006
Total Liabilities $38,811,743
Net Assets $38,737,263

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,967,250
Expenses
$32,107,694
Net Income
$4,859,556
Net Assets
$37,123,169
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,374,825
19.9%
Program Services $26,632,750
72.0%
Investment Income $2,178,699
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income -$35,780
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $816,756
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,460,178
4.5%
Professional Fundraising Fees $14,000
0.0%
Other Salaries and Wages $14,448,041
45.0%
Assets/Debt
Total Assets $75,798,722
Total Liabilities $38,675,553
Net Assets $37,123,169

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
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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »