COVINGTON THEOLOGICAL SEMINARY INC

Address
P O BOX 178
ROSSVILLE, GA 30741
Contact
Website: http://www.covingtonseminary.org
Phone: +1 (706) 866-5626
Nonprofit
NTEE: B50 - Graduate, Professional Schools (Separate Entities)
EIN: 58-1554537

Mission

THE ORGANIZATION PROVIDES POST SECONDARY EDUCATION IN BIBLE, THEOLOGY &RELIGION.
 201720162015
Basic features of the organization
Year of formation1977
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area1560
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$41,167.00$87,667.00$98,271.00
Sum of reportable (W2/1099) compensation$36,000.00$87,667.00$83,271.00
Number of employees545
Number of people compensated >$100k0  
Number of volunteers107575
Personnel
Bone, Edsel
TitleVICE PRESIDENTDIRECTORDIRECTOR
Name of key/compensated personEDSEL BONEEDSEL BONEEDSEL BONE
Average hours per week working for org0.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.00  
Cornelison, Marvin
TitleSECRETARYCFO/SECRETARYCFO/SECRETARY
Name of key/compensated personMARVIN CORNELISONMARVIN CORNELISONMARVIN CORNELISON
Average hours per week working for org0.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.00  
Craven, Robert
TitleALUMNI ASSN PRESIDEMT  
Name of key/compensated personROBERT CRAVEN  
Average hours per week working for org0.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Fleetwood, Gary
TitleACADEMIC VICE PRESIDENTACADEMIC VPACADEMIC VP
Name of key/compensated personGARY FLEETWOODGARY FLEETWOODGARY FLEETWOOD
Average hours per week working for org0.0010.0010.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.00  
Ildifonso, Eddie
Title EXECUTIVE VPEXECUTIVE VP
Name of key/compensated person EDDIE ILDIFONSOEDDIE ILDIFONSO
Average hours per week working for org 10.0010.00
Reportable compensation from org $0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00
Position Individual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00
Jackson, Ron
TitleFINANCIAL VICE PRES  
Name of key/compensated personRON JACKSON  
Average hours per week working for org0.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director, Officer  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Rushing, Eddie
TitleINTERNL VICE PRES  
Name of key/compensated personEDDIE RUSHING  
Average hours per week working for org0.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Average hours per week working for related orgs0.00  
Sullivan, Bret
TitlePRESIDENTVP OF OPERATIONSVP OF OPERATIONS
Name of key/compensated personBRET M SULLIVANBRET M SULLIVANBRET M SULLIVAN
Average hours per week working for org0.0040.0040.00
Reportable compensation from org$36,000.00$36,000.00$35,671.00
Other comp, non-reportable, from org and related orgs$21,600.00$0.00$0.00
PositionOfficer, Highly compensated employeeOfficer, Key employeeOfficer, Key employee
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.00  
Sullivan, James
TitleCHAIRMAN OF THE BOARDPRESIDENTPRESIDENT
Name of key/compensated personJAMES S SULLIVAN JRJAMES S SULLIVAN JRJAMES S SULLIVAN JR
Average hours per week working for org0.0045.0045.00
Reportable compensation from org$0.00$51,667.00$47,600.00
Other comp, non-reportable, from org and related orgs$3,000.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or director, Officer, Key employee, Highly compensated employeeIndividual trustee or director, Officer, Key employee, Highly compensated employee
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.00  
Trimble, Jay
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personJAY TRIMBLEJAY TRIMBLEJAY TRIMBLE
Average hours per week working for org0.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Average hours per week working for related orgs0.00  
Purpose: mission, activities & accomplishments
Mission or significant activitiesTHE ORGANIZATION PROVIDES POST SECONDARY EDUCATION IN BIBLE, THEOLOGY &RELIGION.THE ORGANIZATION PROVIDES POST SECONDARY EDUCATION IN BIBLE, THEOLOGY AND RELIGIONTHE ORGANIZATION PROVIDES POST SECONDARY EDUCATION IN BIBLE, THEOLOGY AND RELIGION
Program expenses (total)$109,735.00$169,255.00$199,482.00
Programs, including revenue & expenses
POST SECONDARY EDUCATION COURSES IN RELIGION, BIBILE & THEOLOGY LEADINGTO UNDERGRADUATE & GRADUATE DEGREES AND/OR CERTIFICATES.
Program expenses$109,735.00$168,635.00$199,337.00
Program revenue$151,704.00$227,672.00$303,511.00
Program descriptionPOST SECONDARY EDUCATION COURSES IN RELIGION, BIBILE & THEOLOGY LEADINGTO UNDERGRADUATE & GRADUATE DEGREES AND/OR CERTIFICATES.POST SECONDARY EDUCATION COURSES IN RELIGION, BIBLE AND THEOLOGYPOST SECONDARY EDUCATION COURSES IN RELIGION, BIBLE AND THEOLOGY
TEXTBOOKS AND EXPENSES FOR FOREIGN MISSIONS
Program expenses $620.00$145.00
Program description TEXTBOOKS AND EXPENSES FOR FOREIGN MISSIONSTEXTBOOKS AND EXPENSES FOR FOREIGN MISSIONS
Financial data
Expense categories (totals)
Sum (total functional expenses)$178,642.00$272,210.00$290,119.00
Program services (total functional expenses)$109,735.00$169,255.00$199,482.00
Management & general (total functional expenses)$68,907.00$102,955.00$90,637.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$163,990.00$227,107.00$287,806.00
Program service revenue (total)$151,704.00$227,672.00$303,511.00
Revenue from contributions (total)$9,015.00$3,419.00$5,204.00
Investment income$23.00$4,809.00$11.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$3,248.00-$8,793.00-$20,920.00
Net unrelated business taxable revenue$0.00  
Total revenue from grants, etc., current yr$9,015.00$3,419.00$5,204.00
Gross receipts$169,076.00$247,752.00$324,942.00
Sources of contributions
Revenue from all other contributions$9,015.00$3,419.00$5,204.00
Other types of revenue
Miscellaneous revenue (total)$1,264.00$611.00$84.00
Income from dividends, interest, and similar investments$23.00$9.00$11.00
Net rental income  $0.00
Net inventory sales (total)$1,984.00-$9,404.00-$21,004.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00
Accounting service fees (total)$4,038.00$4,436.00$5,569.00
Assets and liabilities
Total assets$150,485.00$177,394.00$680,872.00
Total assets, beginning of year$147,660.00$680,872.00$660,596.00
Total liabilities$16,449.00$18,869.00$24,987.00
Total liabilities, beginning of year$18,869.00$24,987.00$33,105.00
Net assets$134,036.00$158,525.00$655,885.00
Net assets, beginning of year$128,791.00$655,885.00$627,491.00
Intangible assets  $52,395.00
Other assets$375.00$400.00$375.00
Cash: non-interest bearing$2,719.00$3,769.00$38,903.00
Cash: non-interest bearing, beginning of year$3,769.00$38,903.00$4,230.00
Inventories for sale or use$94,500.00$94,500.00$104,569.00
Other financial variables
Revenue less expenses-$14,652.00-$45,103.00-$2,313.00
Advertising (total)$835.00$124.00 
Savings & temp cash investment$17,667.00$19,389.00$17,470.00
Accounts receivable, net$9,814.00$29,602.00$439,727.00
Prepaid expenses & deferred charges$52.00  
Accounts payable & accrued expenses$16,449.00$18,869.00$24,987.00
Total net assets or fund balances$134,036.00$158,525.00$655,885.00
Depreciation, depletion, amortization$4,477.00$3,138.00$2,639.00
Governance and accountability
Number of voting members665
Number of independent voting members444
Relationships among key personnelTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-01
Tax year end date2017-12-312016-12-312015-12-31
Has local chaptersTrueTrueTrue
Accounting methodCashCashCash
Indicators for schedules (selected)
Business transaction with employeeTrue  
Metadata about the filing
E-return type990990990
Date e-filing submitted2018-10-012017-10-052016-09-28
IRS schema version2017v2.22016v3.02015v2.1
Filing identifier201832119349300333201721299349300737201601349349305145
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