2024-05-14T11:42:38-05:00 2023-06-30 721396621 CARR RIGGS & INGRAM LLC 1350 S BOULDER AVE SUITE 800 TULSA OK 74119 990 2022-07-01 731303821 PHILLIPS THEOLOGICAL SEMINARY PHIL 9186108303 901 N MINGO ROAD TULSA OK 74116 NANCY CLAIRE PITTMAN PRESIDENT 9186108303 2024-05-10 1 NANCY CLAIRE PITTMAN 999009999 0 CHARLOTTE HENRY CPA P01963582 9186280500 2024-05-10 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z NANCY CLAIRE PITTMAN 901 N MINGO ROAD TULSA OK 74116 12685772 0 X WWW.PTSTULSA.EDU X 1987 OK THE SEMINARY'S MISSION IS TO LEARN AND TEACH HOW TO BE: ATTENTIVE TO GOD, RESPONSIBLE BIBLICAL AND THEOLOGICAL INTERPRETERS, FAITHFUL INDIVIDUALS AND COMMUNITIES ACTING WITH GOD TO TRANSFORM THE WORLD. IDENTITY STATEMENT: PHILLIPS THEOLOGICAL SEMINARY OFFERS THEOLOGICAL EDUCATION DEDICATED TO LEARNING THE WAY OF JESUS IN ORDER TO CULTIVATE VITAL COMMUNITIES, VITAL CONVERSATIONS,AND THE PUBLIC GOOD. 17 17 73 20 0 0 4941184 1908810 796697 696786 5228993 5287457 86191 33610 11053065 7926663 578628 482525 0 0 4308510 4822080 0 0 716673 2226984 2821108 7114122 8125713 3938943 -199050 140655779 156745593 251177 842844 140404602 155902749 X THE SEMINARY'S MISSION IS TO LEARN AND TEACH HOW TO BE: ATTENTIVE TO GOD, RESPONSIBLE BIBLICAL AND THEOLOGICAL INTERPRETERS, FAITHFUL INDIVIDUALS AND COMMUNITIES ACTING WITH GOD TO TRANSFORM THE WORLD. IDENTITY STATEMENT: PHILLIPS THEOLOGICAL SEMINARY OFFERS THEOLOGICAL EDUCATION DEDICATED TO LEARNING THE WAY OF JESUS IN ORDER TO CULTIVATE VITAL COMMUNITIES, VITAL CONVERSATIONS,AND THE PUBLIC GOOD. 0 0 5415268 482525 682523 PHILLIPS THEOLOGICAL SEMINARY OFFERS THEOLOGICAL EDUCATION DEDICATED TO LEARNING THE WAY OF JESUS IN ORDER TO CULTIVATE VITAL COMMUNITIES, VITAL CONVERSATIONS, AND THE PUBLIC GOOD. PROGRAMS OF STUDY OFFERED AT PHILLIPS THEOLOGICAL SEMINARY INCLUDE MASTER OF DIVINITY, MASTER OF ARTS (SOCIAL JUSTICE), MASTER IN THEOLOGICAL STUDIES, MASTER OF ARTS IN MINISTRY AND CULTURE, DOCTOR OF MINISTRY, AND DIPLOMA IN GRADUATE THEOLOGICAL STUDIES. IN 2019 PHILLIPS TOOK OVER A DISCIPLES OF CHRIST COMMISSIONED/LAY MINISTRY TRAINING PROGRAM, WHICH OFFERS ONLINE COURSES IN THE 16 CORE COMPETENCIES FOR THE DISCIPLES OF CHRIST DENOMINATION. IN ADDITION, PHILLIPS THEOLOGICAL SEMINARY PROVIDED THE PUBLIC WITH VARIED EDUCATIONAL PROGRAMS, INCLUDING CONTINUING EDUCATION FOR MINISTERS AND LAITY STUDY PROGRAMS. THE SEMINARY'S REMIND & RENEW PROGRAM FOR FISCAL YEAR 2023 FOCUSED ON "TRANSFORMING JUSTICE." DURING FISCAL YEAR 2023, PHILLIPS THEOLOGICAL SEMINARY PROVIDED EDUCATIONAL SERVICES TO ABOUT 125 STUDENTS PLUS ANOTHER 125+ STUDENTS IN THE CENTER FOR MINISTRY AND LAY TRAINING PROGRAM. SEVERAL STUDENTS COMPLETED THEIR CHOSEN PROGRAM OF STUDY BY RECEIVING A CERTIFICATE, DIPLOMA, MASTER'S DEGREE, OR DOCTORAL DEGREE. 5415268 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 49 0 1 73 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X KAREN L MCMILLAN 9182706402 901 NORTH MINGO ROAD TULSA OK 74116 STEVEN FATE CHAIR OF BOARD OF TRUSTEES 1.00 X X 0 0 0 LARRY BROWN P & M COMMITTEE CHAIR 1.00 X 0 0 0 SALLY KELLEY SECRETARY OF BOARD OF TRUS 1.00 X X 0 0 0 TODD ADAMS TRUSTEE 1.00 X 0 0 0 CONNIE DIETZ TRUSTEE 1.00 X 0 0 0 MYRNA JONES TRUSTEE 1.00 X 0 0 0 MARLA MAYBERRY TRUSTEE 1.00 X 0 0 0 MARCIA HAGEE TRUSTEE 1.00 X 0 0 0 MOISES ECHEVERRIA P & O COMMITTEE CHAIR 1.00 X 0 0 0 RUTH ANN FATE TRUSTEE 1.00 X 0 0 0 PAM HOLT TRUSTEE 1.00 X 0 0 0 LYNNWOOD MOORE CHAIR EMERITUS 1.00 X 0 0 0 STEVE LALLI TRUSTEE 1.00 X 0 0 0 JESSE JACKSON TRUSTEE 1.00 X 0 0 0 KYLE MAXWELL TRUSTEE 1.00 X 0 0 0 CHEBON KERNELL TRUSTEE 1.00 X 0 0 0 DANIEL WOODS TRUSTEE 1.00 X 0 0 0 NANCY CLAIRE PITTMAN PRESIDENT 40.00 X 188283 0 35923 KAREN L MCMILLAN VP OF FINANCE & ADMINISTRA 40.00 X 131907 0 27912 LEE BUTLER VP OF ACADEMIC AFFAIRS 40.00 X 87314 0 21787 JOE BESSLER PROFESSOR OF THEOLOGY 40.00 X 107577 0 24590 LISA DAVISON JOHNNIE EARGLE CADIEUX PROFESSOR OF HEBREW BIBLE/I 40.00 X 129681 0 27600 WARREN CARTER LADONNA KRAMER MEINDERS PROFESSOR OF NEW TESTAMENT 40.00 X 113564 0 25310 TERRY EWING VP OF ADVANCEMENT 40.00 X 138875 0 28957 897201 0 192079 6 0 1 0 0 1908810 1908810 TUITION AND FEES 611600 696786 696786 696786 1424782 1424782 25544 25544 7846853 774931 3969915 789194 3876938 -14263 3862675 -14263 3876938 MISCELLANEOUS REVENUE 900099 8066 8066 8066 7926663 682523 0 5335330 482525 482525 391413 273989 90025 27399 3313541 2300657 638419 374465 925259 647681 212810 64768 191867 134307 44129 13431 51847 2852 48736 259 43296 2425 40319 552 110489 51929 3315 55245 61145 34114 22020 5011 189012 84883 76288 27841 237993 183254 40459 14280 80222 45744 34478 775814 610365 124193 41256 103469 60002 38792 4675 OTHER EXPENSES 616608 111700 468362 36546 INSTRUCTIONAL SUPPLIES 404406 317735 86671 HOSPITALITY AND RECRUIT 97310 54317 42993 EQUIPMENT EXPENSE 34259 15479 2313 16467 15238 1310 13928 8125713 5415268 1993772 716673 1479765 3863207 185418 187545 9917209 10115363 55593 826 1868 882 15182459 7286523 8190969 7895936 41483471 43126667 75023160 87025200 466055 466055 3852271 4063912 140655779 156745593 251177 842844 251177 842844 X 18506858 18261037 121897744 137641712 140404602 155902749 140655779 156745593 X -199050 15363198 333999 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 466055 X X X 0 116506632 20664919 482525 6537160 130151866 110789196 7379286 578628 1083222 116506632 90001781 26932011 842490 5302106 110789196 87722629 5011050 723924 2007974 90001781 79364155 15029403 696120 5974809 87722629 0.03100 0.24900 0.72000 1 0 990000 990000 10207830 4499258 5708572 1330466 839145 491321 2654163 1948120 706043 7895936 QUIKTRIP STOCK 87025200 C 87025200 23141335 15363198 -482525 14880673 8260662 -333999 -333999 7926663 7643188 0 7643188 482525 482525 8125713 PART III, LINE 4: IN PRIOR YEARS, PHILLIPS THEOLOGICAL SEMINARY CORPORATION RECEIVED DONATIONS OF A LIBRARY COLLECTION OF RARE BOOKS TO BE HELD FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH. IN FISCAL YEAR 19-20, WE RECEIVED 29 ANCIENT CUNEIFORM TABLETS THAT WERE PREVIOUSLY ON LOAN. THESE TABLETS HAVE NOW BEEN LOCATED AT PTS AND WILL BE MAINTAINED ON DISPLAY IN OUR RARE BOOK ROOM. PART V, LINE 4: THE SEMINARY'S ENDOWMENT CONSISTS OF APPROXIMATELY 200 INDIVIDUAL FUNDS ESTABLISED PRIMARILY FOR SCHOLARSHIP AND ACADEMIC PROGRAM SUPPORT. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED AND QUASI-ENDOWMENT FUNDS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -482,525. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENT -172,778. SPEC OPS GIFT VALUE ADJUSTMENT -161,221. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 482,525. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PHILLIPS HAS A VERY CLEAR NONDISCRIMINATORY POLICY APPROVED BY THE BOARD OF TRUSTEES. THE POLICY IS IN THE EMPLOYEE HANDBOOK AND IS REVIEWED WITH THE EMPLOYED COMMUNITY ANNUALLY. THE NONDISCRIMINATORY STATEMENT IS POSTED ON THE SEMINARY WEBSITE, IN THE ACADEMIC PAGES. THE STATEMENT IS ALSO INCLUDED IN THE STUDENT HANDBOOK AND CATALOG. SCHEDULE E, PART I, LINE 6 THE SEMINARY IS A PARTICIPANT IN THE TITLE IV STUDENT DIRECT LOAN PROGRAM. 1 FINANCIAL AID 125 482525 PART I, LINE 2: GRANTS ISSUED BY THE SEMINARY ARE IN THE FORM OF SCHOLARSHIPS TO STUDENTS FOR THEIR EDUCATIONAL ENDEAVORS AT THE SEMINARY. SCHOLARSHIPS AWARDED ARE BASED ON DONOR INTENT AND INTERNAL GUIDELINES, SUCH AS ACADEMIC ELIGIBILITY. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 NANCY CLAIRE PITTMAN PRESIDENT 152775 0 0 0 35508 0 26360 0 9563 0 224206 0 0 0 TERRY EWING VP OF ADVANCEMENT 93894 0 0 0 44981 0 19443 0 9514 0 167832 0 0 0 KAREN L MCMILLAN VP OF FINANCE & ADMINISTRA 131907 0 0 0 0 0 18467 0 9445 0 159819 0 0 0 LISA DAVISON JOHNNIE EARGLE CADIEUX PROFESSOR OF 109681 0 0 0 20000 0 18155 0 9445 0 157281 0 0 0 PART I, LINE 3 REVIEW OF COMPENSATION OF CEO, OFFICER, OR KEY EMPLOYEES: THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE SALARY OF THE PRESIDENT EACH YEAR. THEY BENCHMARK TOTAL COMPENSATION TO OTHER ATS PEER SCHOOLS THAT ARE THE SAME APPROXIMATE SIZE AND OFFERING THE SAME DEGREES. THE SEMINARY PROVIDES THE SAME BENEFIT STRUCTURE TO ALL EMPLOYEES. EXECUTIVE OFFICERS DO NOT QUALIFY FOR SPECIAL BENEFITS NOT OFFERED TO THE GENERAL EMPLOYED COMMUNITY. THE REVIEWS ARE GENERALLY DISCUSSED THROUGH CONFERENCE CALLS WITH THE INDIVIDUALS DESCRIBED ABOVE. LETTERS OF CALL ARE PREPARED AND DOCUMENTED IN EACH PERSON'S PERSONNEL FILE IN THE HUMAN RESOURCE OFFICE. PTS HAS ALSO DEVELOPED A PAY GRADE SCALE FOR ALL POSITIONS WITHIN THE INSTITUTION. THIS WAS DEVELOPED AND COMPILED WITH THE HELP OF AN OUTSIDE CONSULTANT WHO TOOK INTO ACCOUNT AREA MARKET DATA ALONG WITH ATS COMPARABLE DATA. FORM 990, PART VI, SECTION A, LINE 2 RUTH ANN FATE AND STEVE FATE HAVE A FAMILY RELATIONSHIP. THEY ARE BOTH BOARD OF TRUSTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. THE FORM IS REVIEWED BY MANAGEMENT PROVIDED TO THE BOARD OF THE SEMINARY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ASKED TO FILL OUT CONFLICT OF INTEREST FORMS AT THE BEGINNING OF THEIR TERM. UPDATES AND CHANGES ARE MADE ANNUALLY. EACH BOARD MEMBER CAN ONLY SERVE THREE 3-YEAR TERMS BEFORE THEY ARE REQUIRED TO ROLL OFF THE BOARD FOR A FULL YEAR. ALL EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM WHEN THEY ARE INITIALLY HIRED, AND THEY ARE UPDATED ANNUALLY AT THE BEGINNING OF EACH FISCAL YEAR. ALL CONFLICT OF INTEREST FORMS ARE GIVEN TO HUMAN RESOURCES WHO TRACKS COMPLIANCE AND NOTIFIES THE ADMINISTRATION OF POTENTIAL CONFLICTS. ALL CONFLICT OF INTEREST FORMS ARE MAE AVAILABLE TO THE AUDITORS DURING THE ANNUAL AUDIT. FORM 990, PART VI, SECTION B, LINE 15 REVIEW OF COMPENSATION OF CEO, OFFICER, OR KEY EMPLOYEES: THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE SALARY OF THE PRESIDENT EACH YEAR. THEY BENCHMARK TOTAL COMPENSATION TO OTHER ATS PEER SCHOOLS THAT ARE THE SAME APPROXIMATE SIZE AND OFFERING THE SAME DEGREES. THE SEMINARY PROVIDES THE SAME BENEFIT STRUCTURE TO ALL EMPLOYEES. EXECUTIVE OFFICERS DO NOT QUALIFY FOR SPECIAL BENEFITS NOT OFFERED TO THE GENERAL EMPLOYED COMMUNITY. THE REVIEWS ARE GENERALLY DISCUSSED THROUGH CONFERENCE CALLS WITH HTE INDIVIDUALS DESCRIBED ABOVE. LETTERS OF CALL ARE PREPARED AND DOCUMENTED IN EACH PERSON'S PERSONNEL FILE IN THE HUMAN RESOURCE OFFICE. REVIEW OF COMPENSATION OF CEO, OFFICER, OR KEY EMPLOYEES: THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE SALARY OF THE PRESIDENT EACH YEAR. THEY BENCHMARK TOTAL COMPENSATION TO OTHER ATS PEER SCHOOLS THAT ARE THE SAME APPROXIMATE SIZE AND OFFERING THE SAME DEGREES. THE SEMINARY PROVIDES THE SAME BENEFIT STRUCTURE TO ALL EMPLOYEES. EXECUTIVE OFFICERS DO NOT QUALIFY FOR SPECIAL BENEFITS NOT OFFERED TO THE GENERAL EMPLOYED COMMUNITY. THE REVIEWS ARE GENERALLY DISCUSSED THROUGH CONFERENCE CALLS WITH HTE INDIVIDUALS DESCRIBED ABOVE. LETTERS OF CALL ARE PREPARED AND DOCUMENTED IN EACH PERSON'S PERSONNEL FILE IN THE HUMAN RESOURCE OFFICE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION PROVIDES A LINK TO GUIDESTAR ON ITS WEBSITE TO VIEW THE ORGANIZATION'S FORM 990 FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION ALSO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENT 172,778. SPEC OPS GIFT VALUE ADJUSTMENT 161,221. PART XII, LINE 2C NO CHANGES HAVE OCCURED TO THE PROCESS OF REVIEWING AUDITED FINANCIAL STATEMENTS DURING THE CURRENT FISCAL YEAR. CHARITABLE REMAINDER TRUST PO BOX 99102 EL PASO TX 799999102 TRUST OK N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0