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ASBURY THEOLOGICAL SEMINARY

EIN 61-0445823 WILMORE, KY

Revenue 2024
$50,655,245
Expenses 2024
$44,324,886

Program services were 83.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B500
Classification
2000
Street
204 N LEXINGTON AVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Timothy Tennent

    Facalty

    Total calculated
    $246,714
    From this org
    $246,714
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,476
    Bonus
    $0
    Other
    $29,238
    Deferred
    $14,185
    Nontaxable benefits
    $10,026
    Filer's total
    $270,925

  • Jay Mansur

    Vice President

    Total calculated
    $201,866
    From this org
    $201,866
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,341
    Bonus
    $0
    Other
    $525
    Deferred
    $15,076
    Nontaxable benefits
    $14,035
    Filer's total
    $230,977

  • Kevin Bish

    Vice President

    Total calculated
    $177,530
    From this org
    $177,530
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,530
    Bonus
    $15,000
    Other
    $0
    Deferred
    $11,693
    Nontaxable benefits
    $4,510
    Filer's total
    $193,733

  • Jay Barnes

    Vice President

    Total calculated
    $159,243
    From this org
    $159,243
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $116,354
    Bonus
    $0
    Other
    $42,889
    Deferred
    $9,013
    Nontaxable benefits
    $12,406
    Filer's total
    $180,662

  • Bryan P Blankenship

    Vice President & Treasurer

    Total calculated
    $157,566
    From this org
    $157,566
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,166
    Bonus
    $0
    Other
    $400
    Deferred
    $12,135
    Nontaxable benefits
    $16,186
    Filer's total
    $185,887

  • Emilio Alvarez

    Faculty

    Total calculated
    $148,171
    From this org
    $148,171
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $101,846
    Bonus
    $0
    Other
    $46,325
    Deferred
    $8,788
    Nontaxable benefits
    $7,222
    Filer's total
    $164,181

  • Gregg Okesson

    Faculty

    Total calculated
    $146,442
    From this org
    $146,442
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $117,934
    Bonus
    $0
    Other
    $28,508
    Deferred
    $9,481
    Nontaxable benefits
    $10,006
    Filer's total
    $165,929

  • John Ragsdale

    Vice President

    Total calculated
    $145,446
    From this org
    $145,446
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $121,446
    Bonus
    $0
    Other
    $24,000
    Deferred
    $8,761
    Nontaxable benefits
    $3,708
    Filer's total
    $157,915

  • David Gyertson

    President

    Total calculated
    $125,360
    From this org
    $125,360
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,998
    Bonus
    $0
    Other
    $362
    Deferred
    $8,750
    Nontaxable benefits
    $0
    Filer's total
    $134,110

  • Rurel Ausley

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Sherree Funk

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Ricardo Gomez

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Andy Hurst

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Anna Jackson

    Trustee & Secretary

    Total calculated
    $0
    Hours/week
    1

  • E Dale Locke

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Joao Carlos Lopes

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Kyle Ray

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Charles Savage II

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Prabhu Singh

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Helen Rhea Stumbo

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Kenneth Werlein

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • James Dunn

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Elaine Friedrich

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • David Olshine

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Raglin

    Trustee

    Total calculated
    $0
    Hours/week
    1

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $50,655,245
    Expenses
    $44,324,886
    Contributions
    $13,787,006
    Grants paid
    $12,421,029
  • 2023
    Revenue
    $45,282,439
    Expenses
    $43,353,684
    Contributions
    $14,185,582
    Grants paid
    $10,916,121
  • 2022
    Revenue
    $34,624,370
    Expenses
    $38,815,722
    Contributions
    $9,109,675
    Grants paid
    $9,337,717
  • 2022
    Revenue
    $34,624,370
    Expenses
    $38,815,722
    Contributions
    $9,109,675
    Grants paid
    $9,337,717

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2021 · 990

    Revenue
    $77,871,146
    Expenses
    $39,441,449
    Assets (EOY)
    $363,518,683

  • 2021 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2020 · 990

    Revenue
    $52,800,131
    Expenses
    $37,102,998
    Assets (EOY)
    $333,796,449

  • 2020 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2019 · 990

    Revenue
    $33,165,613
    Expenses
    $29,118,589
    Assets (EOY)
    $279,583,970

  • 2018 · 990

    Revenue
    $33,402,302
    Expenses
    $29,347,647
    Assets (EOY)
    $277,244,548

  • 2017 · 990

    Revenue
    $33,289,997
    Expenses
    $29,348,904
    Assets (EOY)
    $275,579,338

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.