Overview
What is Mid-America Baptist Theological Seminary Inc?
Mid-America Baptist Theological Seminary Inc, located with various branch campuses, serves as a nonprofit educational institution. Its primary objective is to offer advanced theological education, preparing students for church-related and missionary roles. By providing graduate-level training, the seminary aims to equip individuals for effective service within these vocations. This educational endeavor is carried out through its main campus and designated branch locations.
Official website here: www.mabts.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55% (One-Star out of Four Stars)
Mid-America Baptist Theological Seminary Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization has excelled in governance aspects, such as having a fully independent board and strong policies for conflict of interest and whistleblower protections, it has notable weaknesses in its financial metrics.
The charity's financial performance is particularly concerning, with a score of zero in multiple categories, including program expense ratio and fundraising efficiency ratio. This suggests that the organization may not be effectively allocating its resources towards its mission or generating adequate funds to sustain its operations. The liabilities to assets ratio further highlights potential financial instability.
Despite some governance strengths, the overall financial health and transparency of Mid-America Baptist Theological Seminary Inc raise red flags for potential donors and stakeholders. It is suggested that individuals interested in supporting this organization closely examine its financial practices and consider these ratings when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Mid-America Baptist Theological Seminary Inc legitimate?
Mid-America Baptist Theological Seminary Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-America Baptist Theological Seminary Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $941,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,554,991
For more financial information, click here
Official website here: www.mabts.edu
What is the mission statement of Mid-America Baptist Theological Seminary Inc?
Mid-America Baptist Theological Seminary Inc's mission is centered around providing religious education to its students. The primary objective of the seminary is to offer graduate theological training, preparing individuals for effective service in various church-related and missions vocations. This is achieved through its main campus and designated branch campuses. The seminary's mission is to equip students with the necessary knowledge and skills, ultimately contributing to their success in their respective vocations.
Official website here: www.mabts.edu
Who is the CEO of Mid-America Baptist Theological Seminary Inc?
Dr Michael Spradlin is the President of Mid-America Baptist Theological Seminary Inc.
Official website here: www.mabts.edu
What is the revenue of Mid-America Baptist Theological Seminary Inc?
Mid-America Baptist Theological Seminary Inc's revenue in 2022 was $5,422,482.
Official website here: www.mabts.edu
Who are the executives of Mid-America Baptist Theological Seminary Inc and what are their salaries?
The average compensation at Mid-America Baptist Theological Seminary Inc during 2022 was $25,215. There are 99 employees at Mid-America Baptist Theological Seminary Inc.
Here are 12 key members and their salaries:
- Compensation: $226,988
- Related: $0
- Other: $12,836
- Compensation: $216,273
- Related: $0
- Other: $9,108
- Compensation: $166,600
- Related: $0
- Other: $8,847
- Compensation: $154,132
- Related: $0
- Other: $8,728
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mabts.edu
Where can I find the form 990 for Mid-America Baptist Theological Seminary Inc?
Mid-America Baptist Theological Seminary Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mabts.edu
Learn more at the official website: www.mabts.edu
Mission Statement of Mid-America Baptist Theological Seminary Inc
Mid-America Baptist Theological Seminary, or MABTS, is dedicated to providing religious education to its students. Their primary mission is to offer graduate theological training, aiming to equip individuals for effective service in church-related and missions vocations. This is accomplished through both their main campus and designated branch campuses. The seminary's goal is to prepare students for various roles in the religious sector, fostering a commitment to furthering the teachings and practices of their faith.
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Impact
July, 2024
Mid-America Baptist Theological Seminary Inc has a significant impact on providing graduate theological training for effective service in church-related and missions vocations. Through its main campus and designated branch campuses, the seminary equips students with the knowledge and skills necessary to serve in various religious capacities. This training helps develop leaders who can positively impact their communities and support the growth of churches and missions.
This information is meant to be a general summary of Mid-America Baptist Theological Seminary Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $42,670
- Program Service Revenue: $1,265,131
- Gross Receipts: $5,422,482
Assets and Liabilities:
- Total Assets: $25,540,580
- Total Liabilities: $2,421,648
- Net Assets: $23,118,932
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$1,181,209
AUXILIARY REVENUE
Revenue
$83,924
ROUNDING
Revenue
-$2
Organization Details
Phone
(901) 751-8453Principal Officer
Dr Michael Spradlin
Main Address
2095 APPLING ROAD, CORDOVA, TN, 38016
Website
www.mabts.eduNTEE Category
Code: B500 - Education
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