Shepherds Theological Seminary Inc

Organization Overview

Shepherds Theological Seminary Inc is located in Cary, NC. The organization was established in 2004. 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 06/2022, Shepherds Theological Seminary Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shepherds Theological Seminary Inc 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 06/2022, Shepherds Theological Seminary Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $2.9m during the year ending 06/2022. While expenses have increased by 12.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO TRAIN MEN AND WOMEN FOR MINISTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SHEPHERDS THEOLOGICAL SEMINARY IS AN ACCREDITED GRADUATE SCHOOL PROVIDING QUALITY ACADEMIC AND THEOLOGICAL TRAINING FOR STUDENTS DESIRING TO SERVE IN LEADERSHIP ROLES AT CHURCHES, NON-PROFITS, AND OTHER FAITH-BASED ORGANIZATIONS. DURING THE 2021-2022 ACADEMIC YEAR, STS WAS ENGAGED IN GRADUATE EDUCATION AT THREE SITES. AT ITS CARY, NC CAMPUS, STS PROVIDED A TOTAL OF 62 COURSES RANGING FROM 1 TO 21 STUDENTS ENROLLED. THESE COURSES INCLUDE TRADITIONAL ACADEMIC COURSES ON THEOLOGY, HISTORY, PHILOSOPHY, AND BIBLICAL LANGUAGES, THESES COURSES, PRACTICAL MINISTRY COURSES, INDIVIDUAL INTERSHIPS, AND INDEPENDENT STUDY COURSES. THE WEST INSTITUTE OF STS, A TEACHING SITE LOCATED IN LARAMIE WY, PROVIDED A TOTAL OF 17 CLASSROOM COURSES RANGING FROM 5 TO 23 STUDENTS ENROLLED. ADDITIONALLY, THE STS TEACHING SITE IN BRYAN, TX, PROVIDED A TOTAL OF 2 COURSES WITH 6 STUDENTS ENROLLED IN EACH. IN TOTAL, THE FOLLOWING NUMBERS OF STUDENTS PARTICIPATED IN PROGRAMS AT STS: 132 GRADUATE STUDENTS (DEGREE/CREDIT SEEKING) AND 34 NON-DEGREE-SEEKING/AUDIT STUDENT. STS DELIVERED 2,044 TOTAL CREDIT HOURS OF INSTRUCTION, OF WHICH 298 CREDITS WERE TAUGHT VIA DISTANCE EDUCATION. STS HAD 8 GRADUATES IN MAY, 24 GRADUATES IN AUGUST, AND 1 IN DECEMBER WHO WERE PARTICIPATING IN A VARIETY OF MINISTRIES, INCLUDING THE FOLLOWING: PASTORS, ASSISTANT PASTORS, CHURCH PLANTERS, MISSIONARIES, BIBLICAL COUNSELORS, LAY-COUNSELORS, NON-PROFIT WORKERS, AND LOCAL-CHURCH VOLUNTEERS. SIMILARLY, STS'S ALUMNI SERVE IN ALL AREAS OF LOCAL CHURCH MINISTRY, PARA-CHURCH MINISTRIES, FOREIGN MINISTRIES, AND DOCTORAL PROGRAMS AND ACADEMIC APPOINTMENTS.


OTHER


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

Board, Officers & Key Employees

Name (title)Compensation
Tim Sigler
Provost Dean
$113,300
Thomas Pittman
VP Of Academ
$85,000
Ewart Hodgins
CFO
$63,040
Al Potter
VP Of Advanc
$37,937
Bobby Godfrey
Chairman Of
$0
Pam Gerace
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $736,261
All other contributions, gifts, grants, and similar amounts not included above$1,235,047
Noncash contributions included in lines 1a–1f $396,070
Total Revenue from Contributions, Gifts, Grants & Similar$1,971,308
Total Program Service Revenue$1,022,628
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $79,563
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,082,209

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Shepherds Theological Seminary Inc has recieved totaling $152,510.

Awarding OrganizationAmount
Ludwig Family Foundation

Cary, NC

PURPOSE: GENERAL FUNDS

$60,000
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: PATHWAYS FOR TOMORROW INITIATIVE

$49,500
$35,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$7,000
The Duke Energy Foundation

Charlotte, NC

PURPOSE: MATCHING GIFTS

$940
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$70
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$123,204
Net Contributions$17,292
Other Expense-$17,947
Ending Balance$122,549

Create an account to unlock the data you need.

or