BAPTIST SEMINARY OF KENTUCKY

Address
400 E COLLEGE ST BOX 358
GEORGETOWN, KY 403241696
Contact
Website: http://www.bsky.org
Phone: +1 (502) 863-8300
Nonprofit
NTEE: B50 - Graduate, Professional Schools (Separate Entities)
EIN: 61-1312812

Mission

THE BAPTIST SEMINARY OF KENTUCKY PROVIDES CHRISTIAN THEOLOGICAL EDUCATION COMMITTED TO SPIRITUAL DEPTH, INTELLECTUAL HONESTY AND MORAL INTEGRITY.
 20162015201420132012
Basic features of the organization
Year of formation1996
Metropolitan statistical area4280
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$74,178.00$74,178.00$75,844.00$73,214.00$73,214.00
Sum of reportable (W2/1099) compensation$84,687.00$84,687.00$90,415.00$80,115.00$80,115.00
Number of employees1711101110
Number of people compensated >$100k00000
Number of volunteers00000
Number of highly compensated contractors000  
Personnel
Browning, Robert
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personROBERT BROWNINGROBERT BROWNINGROBERT BROWNING  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Chaney, Melody
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personMELODY CHANEYMELODY CHANEYMELODY CHANEY  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Clagett, Joan
TitleTRUSTEETRUSTEE   
Name of key/compensated personJOAN CLAGETTJOAN CLAGETT   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Collins, Michael
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personMICHAEL COLLINSMICHAEL COLLINSMICHAEL COLLINS  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Defoor, Robert
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personROBERT DEFOORROBERT DEFOORROBERT DEFOOR  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Earwood, Greg
TitlePRESIDENTPRESIDENTPRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personGREG C EARWOODGREG C EARWOODGREG C EARWOODGREG C EARWOODGREG C EARWOOD
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org50.0050.0050.0050.0050.00
Reportable compensation from org$84,687.00$84,687.00$90,415.00$80,115.00$80,115.00
Other comp, non-reportable, from org and related orgs$0.00$26,000.00$25,000.00$35,804.00$35,804.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Everett, Anthony
TitleTRUSTEE    
Name of key/compensated personANTHONY EVERETT    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Fowler, Joan
TitleTRUSTEE - SEC/TREASTRUSTEE - VICE CHAIRTRUSTEE  
Name of key/compensated personJOAN FOWLERJOAN FOWLERJOAN FOWLER  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org2.002.001.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Gray, Larry
TitleTRUSTEE - CHAIRTRUSTEE - CHAIRTRUSTEE - CHAIR  
Name of key/compensated personLARRY GRAYLARRY GRAYLARRY GRAY  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org2.002.002.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Holmes, William
TitleTRUSTEETRUSTEE - SEC/TREASTRUSTEE  
Name of key/compensated personWILLIAM HOLMESWILLIAM HOLMESWILLIAM HOLMES  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.002.001.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Houston, Debbie
Title TRUSTEETRUSTEE  
Name of key/compensated person DEBBIE HOUSTONDEBBIE HOUSTON  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Jacobs, Patsey
Title TRUSTEETRUSTEE  
Name of key/compensated person PATSEY JACOBSPATSEY JACOBS  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Lester, Terry
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personTERRY LESTERTERRY LESTERTERRY LESTER  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
McCorvey, Everett
TitleTRUSTEE - VICE CHAIRTRUSTEE   
Name of key/compensated personEVERETT MCCORVEYEVERETT MCCORVEY   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org2.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
McCoy, John
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personJOHN MCCOYJOHN MCCOYJOHN MCCOY  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
McMahan, Ann
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personANN MCMAHANANN MCMAHANANN MCMAHAN  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
McSwain, Doug
TitleTRUSTEE    
Name of key/compensated personDOUG MCSWAIN    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Pumphrey, Martha
Title TRUSTEETRUSTEE  
Name of key/compensated person MARTHA PUMPHREYMARTHA PUMPHREY  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00  
Thompson, Trent
TitleTRUSTEETRUSTEETRUSTEE - CHAIR  
Name of key/compensated personTRENT THOMPSONTRENT THOMPSONTRENT THOMPSON  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.002.00  
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  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesEDUCATIONAL INSTITUTIONEDUCATIONAL INSTITUTIONEDUCATIONAL INSTITUTIONEDUCATIONAL INSTITUTIONEDUCATIONAL INSTITUTION
Program service expenses, total$561,962.00$532,718.00$372,345.00$348,819.00$392,243.00
Programs, including revenue & expenses
EDUCATIONAL TRAINING PROVIDED FOR STUDENTS ENROLLED IN MASTER OF DIVINITY PROGRAM. STUDENT ENROLLMENT: FALL 2015 = 29 ; SPRING 2016 = 36
Program expenses$561,962.00$532,718.00$372,345.00$348,819.00$392,243.00
Grants and allocations made$120,341.00$127,448.00$22,085.00$29,000.00 
Program revenue$163,031.00$244,295.00$124,722.00$123,540.00$106,151.00
Program descriptionEDUCATIONAL TRAINING PROVIDED FOR STUDENTS ENROLLED IN MASTER OF DIVINITY PROGRAM. STUDENT ENROLLMENT: FALL 2015 = 29 ; SPRING 2016 = 36EDUCATIONAL TRAINING PROVIDED FOR STUDENTS ENROLLED IN MASTER OF DIVINITY PROGRAM. STUDENT ENROLLMENT: FALL 2014 = 31 ; SPRING 2015 = 33EDUCATIONAL TRAINING PROVIDED FOR STUDENTS ENROLLED IN MASTER OF DIVINITY PROGRAM. STUDENT ENROLLMENT: FALL 2013 = 39 ; SPRING 2014 = 36EDUCATIONAL TRAINING PROVIDED FOR STUDENTS ENROLLED IN MASTER OF DIVINITY PROGRAM. STUDENT ENROLLMENT: FALL 2012 = 34 ; SPRING 2013 = 34EDUCATIONAL TRAINING PROVIDED FOR STUDENTS ENROLLED IN MASTER OF DIVINITY PROGRAM. STUDENT ENROLLMENT: FALL 2011 = 41 ; SPRING 2012 = 37
Financial data
Revenue
Total revenue$860,811.00$983,354.00$941,089.00$930,807.00$1,540,083.00
Revenue from contributions (total)$636,155.00$658,737.00$791,282.00$766,010.00$1,418,427.00
Revenue from noncash contributions$59,716.00   $591,807.00
Investment income, current yr$29,137.00$120,650.00$49,337.00$26,434.00$539.00
Total revenue from grants, etc., current yr$636,155.00$658,737.00$791,282.00$766,010.00$1,418,427.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$23,779.00$24,186.00$18,966.00$41,525.00$14,691.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$171,740.00$179,781.00$81,504.00$96,838.00$106,426.00
Gross receipts$1,286,589.00$1,190,099.00$1,134,543.00$947,564.00$1,549,530.00
Sources of contributions
Revenue from all other contributions$636,155.00$658,737.00$791,282.00$766,010.00$1,418,427.00
Other types of revenue
Miscellaneous revenue (total)$7,437.00$5,689.00$10,752.00$24,189.00-$275.00
Income from dividends, interest, and similar investments$45,283.00$61,825.00$16,871.00$23,921.00$539.00
Net rental income $0.00$0.00$0.00$0.00
Net income from fundraising events$16,342.00$18,497.00$8,214.00$17,336.00$14,966.00
Expense categories (totals)
Total functional expenses: sum of all$995,544.00$1,012,787.00$792,851.00$735,194.00$751,953.00
Total functional expenses: program service $561,962.00$532,718.00$372,345.00$348,819.00$392,243.00
Total functional expenses: management and general$377,954.00$421,620.00$347,420.00$325,518.00$295,263.00
Total functional expenses: fundraising$55,628.00$58,449.00$73,086.00$60,857.00$64,447.00
Fees for services
Fundraising service fees (total)$11,234.00$13,974.00$26,600.00$15,731.00$0.00
Assets and liabilities
Total assets$2,100,214.00$2,273,902.00$2,343,825.00$2,183,081.00$2,020,941.00
Total assets, beginning of year$2,273,902.00$2,343,825.00$2,183,081.00$2,020,941.00$1,401,386.00
Total liabilities$61,056.00$62,788.00$56,725.00$44,219.00$77,692.00
Total liabilities, beginning of year$62,788.00$56,725.00$44,219.00$77,692.00$99,227.00
Unrestricted net assets, end of yr$255,701.00$416,949.00$500,930.00$612,935.00$706,647.00
Temporarily restricted net assets$1,783,457.00$1,794,165.00$1,786,170.00$1,525,927.00$1,236,602.00
Permanently restricted net assets, end of yr    $0.00
Net assets$2,039,158.00$2,211,114.00$2,287,100.00$2,138,862.00$1,943,249.00
Net assets, beginning of year$2,211,114.00$2,287,100.00$2,138,862.00$1,943,249.00$1,302,159.00
Other liabilities$10,682.00$10,352.00$6,725.00$19,219.00$27,692.00
Other assets$0.00$1,092.00$975.00  
Investments: publicly traded securities$1,886,660.00$2,043,658.00$2,114,022.00$1,996,132.00$1,697,255.00
Cash: non-interest bearing  $3,893.00$4,011.00$50,469.00
Cash: non-interest bearing, beginning of year $3,893.00$4,011.00$50,469.00$2,396.00
Inventories for sale or use$348.00$348.00   
Other financial variables
Revenue less expenses-$134,733.00-$29,433.00$148,238.00$195,613.00$788,130.00
Advertising (total)  $3.00$366.00$5,882.00
Savings & temp cash investment$94,463.00$110,689.00$106,153.00$61,351.00$147,248.00
Accounts receivable, net$8,566.00    
Accounts payable & accrued expenses$5,374.00$2,436.00   
Unsecured notes & loans to unrelated parties$45,000.00$50,000.00$50,000.00$25,000.00$50,000.00
Total net assets or fund balances$2,039,158.00$2,211,114.00$2,287,100.00$2,138,862.00$1,943,249.00
Depreciation, depletion, amortization$7,938.00$8,375.00$8,595.00$10,182.00$10,710.00
Governance and accountability
Number of voting members1616141616
Number of independent voting members1616141616
Financial sheets auditedTrueTrue   
Cash accounting  TrueTrueTrue
Accrual accountingTrueTrue   
Tax year start date2015-08-012014-08-012013-08-012012-08-012011-08-01
Tax year end date2016-07-012015-07-012014-07-012013-07-012012-07-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-08-182016-07-212014-12-292013-12-132012-12-26
IRS schema version2015v3.02014v6.02013v3.02012v2.12011v1.2
Filing identifier201730949349300323201630629349300813201423529349300507201303189349303580201223209349301807
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