- Revenue 2024
- $37,666
- Expenses 2024
- $10,797
Program services were 27.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- X112
- Classification
- 7100
- Street
- 4268 I 55 N
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).
Mission and programs · 2024
Mission
THE MISSION OF THE RTS FOUNDATION IS TO SERVE THOSE WHO SHARE WITH REFORMED THEOLOGICAL SEMINARY THE VISION OF PROVIDING EVANGELICAL BIBLICAL AND THEOLOGICAL EDUCATION IN THE REFORMED TRADITION FOR THE PURPOSE OF PREPARING PASTORS, (CONTINUED ON SCHEDULE O) MISSIONARIES, COUNSELORS AND OTHER CHURCH LEADERS FOR SERVICE TO THE CHURCH THROUGHOUT THE WORLD BY ASSISTING DONORS IN MAXIMIZING THEIR GIVING TO SUPPORT REFORMED THEOLOGICAL SEMINARY WHILE AT THE SAME TIME PROVIDING MAXIMUM BENEFIT TO THEMSELVES AND THEIR FAMILIES. THE MOST ADVANCED TOOLS OF ESTATE AND GIFT PLANNING ARE EMPLOYED UTILIZING METHODS OF INCREASING GIVING, MAXIMIZING TAX SAVINGS AND OFTEN TO INCREASE LIFETIME INCOME. THE ULTIMATE MISSION OF THE RTS FOUNDATION IS TO SERVE CHRIST THROUGH THE MINISTRY OF REFORMED THEOLOGICAL SEMINARY BY SERVING ITS FRIENDSAND SUPPORTERS.
Activities or mission (Part I)
TO SUPPORT THE MISSION OF REFORMED THEOLOGICAL SEMINARY (RTS), BY PROVIDING ASSISTANCE TO FRIENDS OF RTS AS THEY CONSIDER GIVING TO THIS MINISTRY.
-
THE FOUNDATION PROVIDED GRANTS TO REFORMED THEOLOGICAL SEMINARY AND OTHER ELIGIBLE 501(C)(3) EXEMPT ORGANIZATIONS APPROVED BY THE FOUNDATION'S BOARD OF TRUSTEES.
Expenses $3,000 · Grants $3,000
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
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.
-
BF BRACY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
RODERICK S RUSS III
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
GEORGE R FAIR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
WILLIAM M MOUNGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
J SCOTT REDD SR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CHARLES L IRBY SR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ROBERT T CURTIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
T DAVID ELKIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CRAIG C ROHDE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
COLLIE W LEHN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DAVID H LUCAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
WARREN J WILLIAMSON JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
V HU MEENA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
RICHARD L RIDGWAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LARRY EDWARDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SCOTT MCLELLAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
PAUL A HURST III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BENJAMIN W ROBERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
HUGH M COMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
J BYRON JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
J LIGON DUNCAN III
VICE PRESIDENT
- Total calculated
- $377,601
- From this org
- $0
- From related orgs
- $276,427
- Other
- $101,174
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $276,427 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $20,686 related
- Nontaxable benefits
- $0 + $80,488 related
- Filer's total
- $0 + $377,601 related
-
JESSICA SHORT
TREASURER
- Total calculated
- $148,859
- From this org
- $0
- From related orgs
- $134,532
- Other
- $14,327
- Hours/week
- 1 + 40 related
-
RICKY RAYBORN
PRESIDENT
- Total calculated
- $149,465
- From this org
- $0
- From related orgs
- $124,404
- Other
- $25,061
- Hours/week
- 1 + 40 related
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
- $37,666
- Expenses
- $10,797
- Contributions
- $3,000
- Grants paid
- $3,000
-
2023
- Revenue
- $19,574
- Expenses
- $348,452
- Contributions
- $0
- Grants paid
- $341,763
-
2022
- Revenue
- $80,256
- Expenses
- $67,244
- Contributions
- $67,244
- Grants paid
- $67,244
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
-
2021 · 990
- Revenue
- $14,404
- Expenses
- $15,999
- Assets (EOY)
- $675,293
-
2020 · 990
- Revenue
- $73,022
- Expenses
- $88,022
- Assets (EOY)
- $642,465
-
2019 · 990
- Revenue
- $33,549
- Expenses
- $99,359
- Assets (EOY)
- $639,697
-
2018 · 990
- Revenue
- $44,479
- Expenses
- $45,214
- Assets (EOY)
- $618,752
-
2017 · 990
- Revenue
- $71,009
- Expenses
- $116,304
- Assets (EOY)
- $618,948
-
2016 · 990
- Revenue
- $33,212
- Expenses
- $39,625
- Assets (EOY)
- $637,176
-
2015 · 990
- Revenue
- $97,207
- Expenses
- $75,954
- Assets (EOY)
- $607,599
-
2014 · 990
- Revenue
- $65,253
- Expenses
- $51,036
- Assets (EOY)
- $592,350
-
2013 · 990
- Revenue
- $81,324
- Expenses
- $86,257
- Assets (EOY)
- $566,529
-
2012 · 990
- Revenue
- not reported
- Expenses
- $91,850
- Assets (EOY)
- $549,085
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
-
$341,763
2023 General support
-
$67,244
2022 GENERAL SUPPORT
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
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
-
501(C)(3) · THEOLOGICAL EDUCATION · MS
-
REFORMED THEOLOGICAL SEMINARY OF FLORIDA
501(C)(3) · THEOLOGICAL EDUCATION · FL · controlled entity
Declared as related by
-
On its 2024 return as a controlled entity
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 SOUNK.
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.