Totals
- Total revenue
- $9,136,364
- Total expenses
- $11,704,373
- Contributions and grants received
- $3,976,794
- Grants paid
- $1,796,985
- Program service revenue
- $2,639,325
- Investment income
- $2,332,767
- Other revenue
- $187,478
- Total assets, end of year
- $135,184,133
- Total liabilities, end of year
- $3,825,493
- Net assets or fund balances, end of year
- $131,358,640
- Program services expenses (Part IX)
- $9,080,256
- Management and general expenses
- $1,944,060
- Fundraising expenses
- $680,057
- Program service expenses (Part III)
- $9,080,256
Program services were 77.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$3,976,794
-
1g · Noncash contributions included above
$60,238
-
2a · Program service revenue: TUITION & FEES
total $1,796,985 · related or exempt $1,796,985
-
2b · Program service revenue: HOUSING RENTAL
total $841,755 · related or exempt $841,755
-
2c · Program service revenue: OTHER FEES
total $585 · related or exempt $585
-
3 · Investment income
total $2,957,274 · excluded $2,957,274
-
7a · Gross sales of assets other than inventory
securities $1,640,568 · other assets $49,857
-
7b · Less cost or other basis and sales expenses
securities $2,314,932 · other assets $0
-
7c · Gain or loss
securities -$674,364 · other assets $49,857
-
7d · Net gain or loss
total -$624,507 · excluded -$624,507
-
11a · Other revenue: LEGAL SETTLEMENT
total $185,000 · excluded $185,000
-
11b · Other revenue: MISCELLANEOUS INCOME
total $2,478 · excluded $2,478
-
11e · Other revenue, total
$187,478
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,796,985 · program services $1,796,985
-
5 · Compensation of officers, directors and key employees
total $789,540 · program services $178,398 · management and general $432,473 · fundraising $178,669
-
7 · Other salaries and wages
total $2,488,863 · program services $2,176,686 · management and general $75,770 · fundraising $236,407
-
8 · Pension plan contributions
total $191,575 · program services $151,181 · management and general $23,874 · fundraising $16,520
-
9 · Other employee benefits
total $713,259 · program services $455,844 · management and general $182,435 · fundraising $74,980
-
10 · Payroll taxes
total $256,913 · program services $170,555 · management and general $55,699 · fundraising $30,659
-
11a · Fees: management
total $38,500 · management and general $38,500
-
11b · Fees: legal
total $53,546 · management and general $53,546
-
11c · Fees: accounting
total $100,527 · management and general $100,527
-
11f · Fees: investment management
total $212,514 · management and general $212,514
-
11g · Fees: other
total $154,754 · program services $67,337 · management and general $87,417
-
12 · Advertising and promotion
total $4,520 · program services $322 · management and general $4,198
-
13 · Office expenses
total $95,220 · program services $20,757 · management and general $63,150 · fundraising $11,313
-
14 · Information technology
total $124,507 · program services $120,447 · fundraising $4,060
-
16 · Occupancy
total $79,597 · program services $51,122 · management and general $21,539 · fundraising $6,936
-
17 · Travel
total $237,770 · program services $167,089 · management and general $53,846 · fundraising $16,835
-
19 · Conferences, conventions and meetings
total $8,794 · program services $7,265 · management and general $484 · fundraising $1,045
-
22 · Depreciation, depletion and amortization
total $274,512 · program services $221,363 · management and general $33,186 · fundraising $19,963
-
23 · Insurance
total $33,853 · management and general $33,853
-
24a · Other expenses: AUXILIARY
total $2,856,658 · program services $2,856,658
-
24b · Other expenses: TCU ADMIN FEE
total $822,254 · program services $486,103 · management and general $263,829 · fundraising $72,322
-
24c · Other expenses: MISC. SERVICES
total $279,694 · program services $88,867 · management and general $185,777 · fundraising $5,050
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $77,312 · program services $63,277 · management and general $13,525 · fundraising $510
-
24e · All other expenses
total $12,706 · management and general $7,918 · fundraising $4,788
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,344,285 · end of year $1,280,958
-
4 · Accounts receivable
beginning of year $46,620 · end of year $102,152
-
9 · Prepaid expenses and deferred charges
beginning of year $420,929 · end of year $914,431
-
10a · Land, buildings and equipment: cost or other basis
$25,486,415
-
10b · Land, buildings and equipment: accumulated depreciation
$11,616,269
-
10c · Land, buildings and equipment, net
beginning of year $14,236,805 · end of year $13,870,146
-
11 · Investments: publicly traded securities
beginning of year $62,136,731 · end of year $69,069,909
-
12 · Investments: other securities
beginning of year $43,978,675 · end of year $47,556,512
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $3,442,186 · end of year $2,390,025
-
17 · Accounts payable and accrued expenses
beginning of year $2,859,464 · end of year $2,533,322
-
19 · Deferred revenue
beginning of year $76,055 · end of year $209,568
-
25 · Other liabilities
beginning of year $295,206 · end of year $1,082,603
-
27 · Net assets without donor restrictions
beginning of year $27,971,191 · end of year $25,004,718
-
28 · Net assets with donor restrictions
beginning of year $96,404,315 · end of year $106,353,922
Mission and programs · 2023
Mission
BRITE DIVINITY SCHOOL EDUCATES AND INSPIRES PEOPLE TO SERVE GOD'S DIVERSE WORLD AS LEADERS IN CHURCHES, THE ACADEMY, AND PUBLIC LIFE.
Activities or mission (Part I)
BRITE DIVINITY SCHOOL EDUCATES AND INSPIRES PEOPLE TO SERVE GOD'S DIVERSE (CONTIUED ON PAER III)
-
BRITE DIVINITY SCHOOL EDUCATES AND INSPIRES PEOPLE TO SERVE GOD'S DIVERSE WORLD AS LEADERS IN CHURCHES, THE ACADEMY, AND PUBLIC LIFE. SEE SCHEDULE O FOR MORE.
Expenses $4,554,755 · Grants $1,796,985 · Revenue $1,796,985
-
BRITE'S LEIBROCK VILLAGE APARTMENTS PROVIDE CONVENIENTLY LOCATED AFFORDABLE HOUSING FOR STUDENTS AND THEIR FAMILIES. THE VILLAGE CONSISTS OF 56 UNITS IN THREE SEPARATE BUILDINGS ARRANGED TO PROMOTE COMMUNITY TO THE FULLEST. TWO FULL-TIME STAFF ARE EMPLOYED FOR THE BENEFIT OF THE FACILITY.
Expenses $2,856,658 · Revenue $841,755
-
IN ADDITION TO AND IN SUPPORT OF GRANTING DEGREES, BRITE PROVIDES FIELD EDUCATION TRAINING THROUGH ITS SUPERVISED MINISTRY PROGRAM. STUDENTS ARE PLACED IN A VARIETY OF CHURCHES AND AGENCIES THROUGHOUT THE AREA TO ENHANCE THE INTEGRATION OF CLASSROOM LEARNING AND MINISTERIAL PRACTICE. THE EXPERIENCE OF STUDENTS IS FURTHER ENRICHED BY RELEVANT SPEAKERS AT WEEKLY CHAPEL SERVICES AND OTHER SPECIALIZED EVENTS. CONTINUING EDUCATION OPPORTUNITIES ARE PROVIDED FOR AREA MINISTERS AND LAY LEADERS, INCLUDING MINISTERY WEEK AND STALCUP SCHOOL FOR THE LAITY.
Expenses $1,463,365 · Revenue $585
-
RESEARCH AND RELATED PROGRAMS ENHANCE THE LIFE OF BRITE AND ITS CONSTITUENTS. THE RESEARCH AND RELATED PROGRAM SERVICES ARE PROJECTS ORGANIZED SPECIFICALLY TO ENHANCE THE MISSION OF THE DIVINITY SCHOOL. WORK IS INTERNALLY AND EXTERNALLY FUNDED, OFTEN BY MULTI-YEAR GRANTS. FACULTY RECEIVE REGULAR RESEARCH LEAVES AND TRAVEL SUPPORT THAT ASSISTS IN THE PRESENTATION AND PUBLICATION OF PAPERS AND BOOKS.
Expenses $205,478
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr D Newell WilliamsDR D NEWELL WILLIAMS
FORMER PRESIDENT
- Total calculated
- $245,887
- From this org
- $245,887
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $245,887
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $245,887
-
Mr Jeffrey Guy Thru 12024MR JEFFREY GUY THRU 12024
VP BUS/FIN, TREAS, ASST SEC
- Total calculated
- $187,668
- From this org
- $148,117
- From related orgs
- $0
- Other
- $39,551
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,036
- Bonus
- $0
- Other
- $1,081
- Deferred
- $13,350
- Nontaxable benefits
- $26,201
- Filer's total
- $187,668
-
Dr Michael St A MillerDR MICHAEL ST A MILLER
EXECUTIVE VP & DEAN
- Total calculated
- $178,362
- From this org
- $141,164
- From related orgs
- $0
- Other
- $37,198
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $85,702
- Bonus
- $0
- Other
- $55,462
- Deferred
- $11,683
- Nontaxable benefits
- $25,515
- Filer's total
- $178,362
-
Mr Donald D WalkerMR DONALD D WALKER
VP FOR ADVANCEMENT
- Total calculated
- $179,496
- From this org
- $141,133
- From related orgs
- $0
- Other
- $38,363
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,307
- Bonus
- $0
- Other
- $826
- Deferred
- $12,757
- Nontaxable benefits
- $25,606
- Filer's total
- $179,496
-
Dr Namsoon KangDR NAMSOON KANG
PROFESSOR
- Total calculated
- $135,624
- From this org
- $116,531
- From related orgs
- $0
- Other
- $19,093
- Hours/week
- 40
-
Dr Shelly MatthewsDR SHELLY MATTHEWS
PROFESSOR
- Total calculated
- $141,384
- From this org
- $108,645
- From related orgs
- $0
- Other
- $32,739
- Hours/week
- 40
-
Dr Barbara J McClureDR BARBARA J MCCLURE
ASSOCIATE PROFESSOR
- Total calculated
- $137,273
- From this org
- $108,968
- From related orgs
- $0
- Other
- $28,305
- Hours/week
- 40
-
Dr Charles K BellingerDR CHARLES K BELLINGER
PROFESSOR
- Total calculated
- $137,953
- From this org
- $104,643
- From related orgs
- $0
- Other
- $33,310
- Hours/week
- 40
-
Rev Michael Cooper-WhiteREV MICHAEL COOPER-WHITE
INTERIM PRESIDENT (THRU 12/2023)
- Total calculated
- $209,333
- From this org
- $209,333
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $209,333
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $209,333
-
Rev Dr Stephen M Cady IIREV DR STEPHEN M CADY II
PRESIDENT (AS OF 3/2024)
- Total calculated
- $0
- Hours/week
- 40
-
Dr Stuart D McDonaldDR STUART D MCDONALD
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Rev Virzola LawREV VIRZOLA LAW
VICE-CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Rev Charles F JohnsonREV CHARLES F JOHNSON
SECRETARY OF THE BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Mrs Janet M AndersonMRS JANET M ANDERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Victor J Boschini JrDR VICTOR J BOSCHINI JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Bill CurtisDR BILL CURTIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mr J David DicksonMR J DAVID DICKSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mr Daniel J Red GoldsteinMR DANIEL J RED GOLDSTEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Bobby HawleyDR BOBBY HAWLEY
TRUSTEE (AS OF 6/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Mr William HendrixMR WILLIAM HENDRIX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mr Jeffrey B KingMR JEFFREY B KING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Rev Dr Janet A LongREV DR JANET A LONG
TRUSTEE (THRU 3/2024)
- Total calculated
- $0
- Hours/week
- 2
-
Rev Dr Andy MangumREV DR ANDY MANGUM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mr Stephen S MosherMR STEPHEN S MOSHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Steffen PalkoDR STEFFEN PALKO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Rev Evangelina PerezREV EVANGELINA PEREZ
TRUSTEE (AS OF 6/2023)
- Total calculated
- $0
- Hours/week
- 2
-
Rev Dr Russ PetermanREV DR RUSS PETERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Rev Caesar H RentieREV CAESAR H RENTIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mrs Beth RiversMRS BETH RIVERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Timothy StevensDR TIMOTHY STEVENS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mrs Linda Pilcher WassenichMRS LINDA PILCHER WASSENICH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Rev Meg Witmer-FaileREV MEG WITMER-FAILE
TRUSTEE (AS OF 6/2023)
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE BOTH THE PRESIDENT AND DEAN ARE ORDAINED MINISTERS ENTITLED TO A MINISTERIAL HOUSING ALLOWANCE. THE PRESIDENT'S TOTAL COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES ALSO APPROVES ANNUALLY THE DESIGNATION OF A PORTION OF OTHER ORDAINED MINISTERS' COMPENSATION AS A HOUSING ALLOWANCE, INCLUDING THE DEAN'S, SUBJECT TO THE PROVISIONS OF THE INTERNAL REVENUE CODE.
- PART I, LINE 4A
- SEVERANCE OR CHANGE-OF-CONTROL PAYMENTS IN FISCAL YEAR 2023, AN INDIVIDUAL LEFT THE ORGANIZATION UNDER AN AGREEMENT STIPULATING THAT THEY WOULD RECEIVE CHANGE-OF-CONTROL PAYMENTS IN MONTHLY INSTALLMENTS FROM THE DATE OF THEIR DEPARTURE THROUGH THE END OF FISCAL YEAR 2024. ALL PAYMENTS MADE IN CALENDAR YEAR 2023 ARE INCLUDED ON SCHEDULE J, PART II, COLUMN B(III).
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
WALKER MINISTERIAL FOUNDATION LLC
CHARITABLE · TX · income $0 · assets $0
Directly controlled by BRITE DIVINITY SCHOOL
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUST
T · SUPPORT · TX
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511059349302001
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.