Overview
What is Phillips Theological Seminary?
Phillips Theological Seminary is a nonprofit educational institution situated in Tulsa, Oklahoma. Its primary mission is to impart theological knowledge and foster the path of Jesus, ultimately cultivating vibrant communities, stimulating impactful dialogues, and contributing to the public good. The seminary offers various study programs, including Master of Divinity, Master of Arts in Social Justice, Master in Theological Studies, Master of Arts in Ministry and Culture, Doctor of Ministry, and Diploma in Graduate Theological Studies. In 2019, Phillips took over a Disciples of Christ commissioned/lay ministry training program, providing online courses in the 16 core competencies for the Disciples of Christ denomination. Additionally, the seminary offers continuing education for ministers and laity study programs and has a Remind & Renew program, which focused on "Transforming Justice" during fiscal year 2022. During this year, Phillips provided educational services to approximately 135 students, along with an additional 125+ students through the Center for Ministry and Lay Training Program. The seminary aims to teach and learn "how to be: attentive to God, responsible biblical and theological interpreters, faithful individuals and communities acting with God to transform the world."
Official website here: www.ptstulsa.edu
What are the reviews and ratings of this charity?
Phillips Theological Seminary has received an impressive Four-Star out of Four Star rating from Charity Navigator with an overall score of 96%. This rating reflects the organization’s strong commitment to accountability and financial health, with a perfect score in various financial metrics including having a majority of independent board members and no material diversion of assets. The organization demonstrates transparency and effectiveness in its operations, as evidenced by robust policies on conflict of interest and whistleblowing.
The seminary's financial structure appears sound, with a low liabilities to assets ratio and a significant portion of expenses allocated directly to its programs. However, it's worth noting that the organization has not been scored in impact, measurement, culture, community, or leadership adaptability, which may limit insights into its broader effectiveness and community engagement.
Unfortunately, user reviews from GreatNonprofits could not be fetched, which leaves a gap in understanding the public perception and sentiment towards the seminary from individuals who have interacted with it directly. Overall, Phillips Theological Seminary stands out for its financial accountability and governance, though additional feedback from the community would provide a more comprehensive view of its operations and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Phillips Theological Seminary legitimate?
Phillips Theological Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phillips Theological Seminary 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: $546,148
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,814,542
For more financial information, click here
Official website here: www.ptstulsa.edu
What is the mission statement of Phillips Theological Seminary?
Phillips Theological Seminary's mission statement revolves around learning and teaching individuals to be attentive to God, responsible interpreters of biblical and theological concepts, and faithful individuals and communities committed to transforming the world. The seminary aims to cultivate vital communities, stimulate meaningful dialogues, and contribute to the public good, all while adhering to the teachings of Jesus. Through theological education, it fosters an environment that encourages the development of individuals who can make a positive impact on society.
Official website here: www.ptstulsa.edu
Who is the CEO of Phillips Theological Seminary?
Nancy Claire Pittman is the Chair Of Board Of Trustees of Phillips Theological Seminary.
Official website here: www.ptstulsa.edu
What is the revenue of Phillips Theological Seminary?
Phillips Theological Seminary's revenue in 2022 was $11,053,065.
Official website here: www.ptstulsa.edu
Who are the executives of Phillips Theological Seminary and what are their salaries?
The average compensation at Phillips Theological Seminary during 2022 was $48,706. There are 69 employees and 26 volunteers at Phillips Theological Seminary.
Here are 21 key members and their salaries:
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- Other: $18,888
Official website here: www.ptstulsa.edu
Where can I find the form 990 for Phillips Theological Seminary?
Phillips Theological Seminary's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ptstulsa.edu
Learn more at the official website: www.ptstulsa.edu
Mission Statement of Phillips Theological Seminary
Phillips Theological Seminary is committed to a mission that encourages individuals to be attentive to God, responsible interpreters of the Bible and theology, and faithful agents of transformation in the world. The seminary achieves this goal by providing theological education, with a focus on learning the teachings of Jesus to foster vibrant communities, stimulating dialogues, and promoting the common good. By dedicating itself to this mission, Phillips Theological Seminary aims to cultivate a learning environment that empowers its students to make a positive impact on society.
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Impact
July, 2024
Phillips Theological Seminary's impact is profound, as it plays a crucial role in shaping individuals and communities to act with God to transform the world. Through its dedicated theological education focused on learning the way of Jesus, the seminary fosters vital communities, facilitates vital conversations, and contributes to the public good. Offering a range of programs, including Master of Divinity, Master of Arts in Social Justice, and Doctor of Ministry, Phillips Theological Seminary equips students with the skills and knowledge to engage in meaningful and impactful work in various spheres of life. Additionally, the seminary's emphasis on continuing education for ministers and laity further extends its influence beyond its immediate student body, enriching the wider community with theological insights and practices.
This information is meant to be a general summary of Phillips Theological Seminary. 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: $5,228,993
- Program Service Revenue: $796,697
- Gross Receipts: $13,142,829
Assets and Liabilities:
- Total Assets: $140,655,779
- Total Liabilities: $251,177
- Net Assets: $140,404,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$796,697
Organization Details
Founding Year
1987
Phone
(918) 610-8303Principal Officer
Nancy Claire Pittman
Main Address
901 N MINGO ROAD, TULSA, OK, 74116
Website
www.ptstulsa.eduNTEE Category
Code: B58Z - Education
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