Overview
What is Baptist Missionary Association Theological Seminary?
Baptist Missionary Association Theological Seminary is a nonprofit institution located in Jacksonville, Texas (PO Box 670). It is dedicated to providing accredited undergraduate and graduate theological education, with a mission to equip individuals for various Christian service and leadership roles. The seminary's purpose is to nurture and prepare individuals to contribute positively to their communities and spiritual journeys, offering a well-rounded curriculum and fostering a supportive learning environment. With a team of 26 dedicated professionals, the seminary strives to foster growth and advancement in theological knowledge.
Official website here: www.bmats.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Stars
Baptist Missionary Association Theological Seminary has received an overall score of 88%, indicating a solid rating of Three Stars from Charity Navigator. This score reflects a strong emphasis on Accountability and Finance, with the charity excelling in areas such as the independence of its board members and financial transparency. The organization has achieved a perfect score in major categories, showcasing its commitment to ethical governance and responsible management of funds.
The seminary's board consists entirely of independent members, which enhances its accountability and decision-making processes. Additionally, it demonstrates robust financial practices, as indicated by a high program expense ratio of 74.40%, ensuring that the majority of its funds go directly into fulfilling its mission. The organization also maintains essential policies related to conflict of interest and documentation, further supporting its credibility.
However, there are some areas for improvement, particularly regarding the absence of a whistleblower policy and document retention protocols. These missing elements could potentially impact the organization's overall governance framework. Despite this, the seminary's strengths in independent oversight and financial integrity position it as a responsible nonprofit within its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Baptist Missionary Association Theological Seminary legitimate?
Baptist Missionary Association Theological Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Missionary Association 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: $89,343
Professional Fundraising Fees: $0
Other Salaries and Wages: $542,558
For more financial information, click here
Official website here: www.bmats.edu
What is the mission statement of Baptist Missionary Association Theological Seminary?
The Baptist Missionary Association Theological Seminary is dedicated to providing accredited undergraduate and graduate theological education. This educational pursuit is aimed at equipping individuals for various roles in Christian service and leadership. The seminary's mission is to prepare individuals with the necessary knowledge and skills to serve and lead effectively within the Christian community. By offering accredited programs, the seminary ensures a high standard of education and prepares students to make significant contributions to their religious communities and beyond.
Official website here: www.bmats.edu
Who is the CEO of Baptist Missionary Association Theological Seminary?
Dr Charley Holmes is the President of Baptist Missionary Association Theological Seminary.
Official website here: www.bmats.edu
What is the revenue of Baptist Missionary Association Theological Seminary?
Baptist Missionary Association Theological Seminary's revenue in 2023 was $1,942,992.
Official website here: www.bmats.edu
Who are the executives of Baptist Missionary Association Theological Seminary and what are their salaries?
The average compensation at Baptist Missionary Association Theological Seminary during 2023 was $24,304. There are 26 employees at Baptist Missionary Association Theological Seminary.
Here are 16 key members and their salaries:
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Official website here: www.bmats.edu
Where can I find the form 990 for Baptist Missionary Association Theological Seminary?
Baptist Missionary Association Theological Seminary's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bmats.edu
Learn more at the official website: www.bmats.edu
Mission Statement of Baptist Missionary Association Theological Seminary
Baptist Missionary Association Theological Seminary is committed to providing accredited undergraduate and graduate theological education. Their primary objective is to equip individuals for roles in Christian service and leadership. By offering this education, the seminary aims to prepare individuals to make a significant impact in their respective communities and beyond. The seminary's mission is to provide a comprehensive and rigorous theological education, equipping students with the necessary knowledge and skills to serve effectively in various Christian capacities.
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Impact
July, 2024
Baptist Missionary Association Theological Seminary's impact is evident in the lives of individuals who have been equipped for Christian service and leadership roles through its accredited undergraduate and graduate theological education programs. By providing comprehensive training in theology, ministry, and leadership, the seminary plays a crucial role in nurturing the next generation of Christian leaders. These graduates go on to serve in various capacities within churches, missionary organizations, and other Christian ministries, making a positive impact in their communities and beyond. Through its commitment to excellence in education and Christian formation, Baptist Missionary Association Theological Seminary continues to shape the future of Christian ministry and service.
This information is meant to be a general summary of Baptist Missionary Association 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 2023.
- Investment Income: $21,934
- Program Service Revenue: $457,734
- Gross Receipts: $1,945,672
Assets and Liabilities:
- Total Assets: $3,279,510
- Total Liabilities: $57,901
- Net Assets: $3,221,609
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS FEES
Revenue
$10,905
TUITION AND HOUSING
Revenue
$446,829
Organization Details
Founding Year
1955
Phone
(903) 586-2501Principal Officer
Dr Charley Holmes
Main Address
PO BOX 670, JACKSONVILLE, TX, 75766
Website
www.bmats.eduNTEE Category
Code: B42 - Education
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