Houston Graduate School Of Theology is located in Houston, TX. The organization was established in 1983. 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 06/2020, Houston Graduate School Of Theology employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Graduate School Of Theology 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 06/2020, Houston Graduate School Of Theology generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
EQUIPS WOMEN AND MEN TO BE MINISTERS AND MESSENGERS OF GOD'S MISSION OF RECONCILIATION THROUGH ACADEMIC EXCELLENCE, PERSONAL TRANSFORMATION, AND LEADERSHIP DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THIRTY-EIGHT YEARS, HOUSTON GRADUATE SCHOOL OF THEOLOGY (HGST) HAS PROVIDED HIGH QUALITY THEOLOGICAL EDUCATION FOR MEN AND WOMEN WHO SERVE IN A WIDE VARIETY OF MINISTRY SETTINGS. FEW SEMINARIES ANYWHERE EXHIBIT OUR UNIQUE CLUSTER OF CHARACTERISTICS. WE ARE BOLDLY EVANGELICAL BY CELEBRATING THE TRANS-FORMATIVE POWER OF GOD IN OUR LIVES AND WORLD. WE ARE BROADLY MULTI-DENOMINATIONAL IN THAT OUR FACULTY AND STUDENTS REPRESENT AS MANY AS THIRTY DENOMINATIONAL AND NON-DENOMINATIONAL TRADITIONS. WHILE WE HELP EACH STUDENT TO DEVELOP A WELL-INTEGRATED SET OF VALUES, BELIEFS AND PRACTICES, WE EXPLORE WITH RESPECT AND SENSITIVITY A RANGE OF THEOLOGICAL AND ECCLESIASTICAL PERSPECTIVES. WE ARE RICHLY MULTICULTURAL WITH STUDENTS WHO REPRESENT MANY ETHNIC BACKGROUND AND CONGREGATIONAL STYLES.
FOR THIRTY-EIGHT YEARS, HOUSTON GRADUATE SCHOOL OF THEOLOGY (HGST) HAS PROVIDED HIGH QUALITY THEOLOGICAL EDUCATION FOR MEN AND WOMEN WHO SERVE IN A WIDE VARIETY OF MINISTRY SETTINGS. FEW SEMINARIES ANYWHERE EXHIBIT OUR UNIQUE CLUSTER OF CHARACTERISTICS. WE ARE BOLDLY EVANGELICAL BY CELEBRATING THE TRANS-FORMATIVE POWER OF GOD IN OUR LIVES AND WORLD. WE ARE BROADLY MULTI-DENOMINATIONAL IN THAT OUR FACULTY AND STUDENTS REPRESENT AS MANY AS THIRTY DENOMINATIONAL AND NON-DENOMINATIONAL TRADITIONS. WHILE WE HELP EACH STUDENT TO DEVELOP A WELL-INTEGRATED SET OF VALUES, BELIEFS AND PRACTICES, WE EXPLORE WITH RESPECT AND SENSITIVITY A RANGE OF THEOLOGICAL AND ECCLESIASTICAL PERSPECTIVES. WE ARE RICHLY MULTICULTURAL WITH STUDENTS WHO REPRESENT MANY ETHNIC BACKGROUND AND CONGREGATIONAL STYLES.
FOR THIRTY-EIGHT YEARS, HOUSTON GRADUATE SCHOOL OF THEOLOGY (HGST) HAS PROVIDED HIGH QUALITY THEOLOGICAL EDUCATION FOR MEN AND WOMEN WHO SERVE IN A WIDE VARIETY OF MINISTRY SETTINGS. FEW SEMINARIES ANYWHERE EXHIBIT OUR UNIQUE CLUSTER OF CHARACTERISTICS. WE ARE BOLDLY EVANGELICAL BY CELEBRATING THE TRANS-FORMATIVE POWER OF GOD IN OUR LIVES AND WORLD. WE ARE BROADLY MULTI-DENOMINATIONAL IN THAT OUR FACULTY AND STUDENTS REPRESENT AS MANY AS THIRTY DENOMINATIONAL AND NON-DENOMINATIONAL TRADITIONS. WHILE WE HELP EACH STUDENT TO DEVELOP A WELL-INTEGRATED SET OF VALUES, BELIEFS AND PRACTICES, WE EXPLORE WITH RESPECT AND SENSITIVITY A RANGE OF THEOLOGICAL AND ECCLESIASTICAL PERSPECTIVES. WE ARE RICHLY MULTICULTURAL WITH STUDENTS WHO REPRESENT MANY ETHNIC BACKGROUND AND CONGREGATIONAL STYLES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James H Furr President | Officer | 70 | $117,188 |
Tracee M Fletcher CFO | Officer | 70 | $80,233 |
Becky Towne Academic Dean | Officer | 40 | $68,267 |
Jack Wisdom Chairman | Trustee | 2 | $0 |
Paul Helbling Treasurer | Trustee | 1.5 | $0 |
Camelia Kennedy Secretary | Trustee | 1.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $288,689 |
Investment income | $12,711 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $446 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,656,466 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $246,001 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $509,053 |
Pension plan accruals and contributions | $14,998 |
Other employee benefits | $138,722 |
Payroll taxes | $55,901 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $24,138 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $28,241 |
Fees for services: Other | $4,753 |
Advertising and promotion | $2,686 |
Office expenses | $45,659 |
Information technology | $28,241 |
Royalties | $0 |
Occupancy | $196,929 |
Travel | $9,476 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $15,828 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,809 |
Insurance | $15,631 |
All other expenses | $0 |
Total functional expenses | $1,453,721 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $258,390 |
Savings and temporary cash investments | $478,121 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $90,388 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $101,734 |
Total assets | $952,992 |
Accounts payable and accrued expenses | $168,855 |
Grants payable | $0 |
Deferred revenue | $152,103 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $233,653 |
Unsecured mortgages and notes payable | $95,000 |
Other liabilities | $857 |
Total liabilities | $650,468 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $302,524 |
Over the last fiscal year, we have identified 2 grants that Houston Graduate School Of Theology has recieved totaling $50,020.
Awarding Organization | Amount |
---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: PATHWAYS FOR TOMORROW INITIATIVE | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Beg. Balance | $1,211,795 |
Earnings | $12,711 |
Net Contributions | $106,311 |
Ending Balance | $1,330,817 |
Organization Name | Assets | Revenue |
---|---|---|
Baptist Community Ministries New Orleans, LA | $0 | $15,001,748 |
Brite Divinity School Fort Worth, TX | $131,791,900 | $16,856,485 |
Dallas Seminary Foundation Vision Fund Dallas, TX | $4,584,823 | $10,722,757 |
Grace School Of Theology The Woodlands, TX | $1,343,724 | $6,038,036 |
Rio Grande Bible Institute Inc Edinburg, TX | $14,715,494 | $6,700,846 |
Robert O Anderson School And Graduate School Of Management Foun Albuquerque, NM | $0 | $273,602 |
Academy For The Love Of Learning Inc Santa Fe, NM | $22,846,093 | $2,334,127 |
Ayurvedic Institute Albuquerque, NM | $4,339,366 | $2,514,881 |
Dallas International University Dallas, TX | $5,420,803 | $2,599,528 |
Montessori Training And Research Center Of Dallas Addison, TX | $3,170,861 | $1,277,613 |
Baptist Missionary Association Theological Seminary Jacksonville, TX | $3,013,601 | $1,672,352 |
Houston Graduate School Of Theology Houston, TX | $952,992 | $1,656,466 |