2024-11-12T17:39:41-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2023-01-01 832816458 REDEMPTION SEMINARY INC REDE 5094324355 245 W SECOND ST 25 MESA AZ 85201 JOHN SCHWANDT PRESIDENT 5094324355 2024-11-12 1 1 LISA N RYSSEL CPA P00643670 7149781300 2024-11-12 2023 2024-10-15 13:58:12Z X JOHN SCHWANDT 245 W SECOND ST 25 MESA AZ 85201 606733 0 X REDEMPTIONSEMINARY.ORG X 2018 AZ TO HELP CHRISTIANS GROW IN THE GRACE AND KNOWLEDGE OF JESUS CHRIST THROUGH QUALITY EDUCATION. 9 9 3 9 0 0 103397 340843 211188 265890 0 0 0 0 314585 606733 0 0 0 0 287368 368889 0 0 0 162161 150735 449529 519624 -134944 87109 330529 385087 288614 256063 41915 129024 REDEMPTION SEMINARY HELPS ADULT CHRISTIANS GROW IN THE GRACE AND KNOWLEDGE OF OUR LORD AND SAVIOR JESUS CHRIST THROUGH QUALITY DISTANCE EDUCATION WHICH ENABLES LEARNING WITHIN THEIR MINISTRY SETTING. 0 0 411884 0 265890 THE SEMINARY STRIVES TO SERVE ITS CONSTITUENCY BY USING INNOVATION, RECREATING AN EDUCATIONAL DESIGN TO ENSURE IT SERVES EVERYONE INVOLVED. THE VISION OF THE SEMINARY IS MAKING QUALITY THEOLOGICAL EDUCATION AVAILABLE AND ACCESSIBLE FOR EVERYONE WHO HAS AN INTEREST IN LEARNING HOW TO STUDY AND APPLY THE BIBLE AT A SCHOLARLY LEVEL AT ACOST THAT IS AFFORDABLE. 411884 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AZ X JOHN SCHWANDT PRESIDENT 5094324355 245 W SECOND ST 25 MESA AZ 85201 JOHN SCHWANDT PRESIDENT 40.00 0.00 X 164797 0 19800 JOEL WINGO ACADEMIC DEAN (CAO) 40.00 0.00 X 85000 0 19800 JOHN HUGHES CFO 40.00 0.00 X 0 0 0 CHAD BARRETT DIRECTOR 0.50 0.00 X 0 0 0 MARK CHESTNUT DIRECTOR 0.50 0.00 X 0 0 0 MARLIN DETWEILER DIRECTOR 0.50 0.00 X 0 0 0 BILL NIENHUIS DIRECTOR 0.50 0.00 X 0 0 0 DALE PRITCHETT DIRECTOR 0.50 0.00 X 0 0 0 RANDY ROBERTS DIRECTOR 0.50 0.00 X 0 0 0 ANDY SKIPTON DIRECTOR 0.50 0.00 X 0 0 0 JOSEPH WILLIAMS DIRECTOR 0.50 0.00 X 0 0 0 249797 0 39600 1 0 1 0 0 2018 338825 340843 TUITION AND FEES 611310 265890 265890 265890 0 2018 0 0 606733 265890 0 0 289397 240200 49197 49421 41019 8402 6690 5553 1137 23381 19406 3975 52227 43348 8879 4644 3855 789 1405 1166 239 4761 4761 42915 42915 3387 2811 576 CONTRACTOR SERVICES 34057 6036 28021 FEES 6358 6358 MEALS AND ENTERTAINMENT 981 814 167 519624 411884 107740 0 201594 299256 128935 85831 330529 385087 4400 5237 52376 87364 231838 163462 288614 256063 X 41915 129024 41915 129024 330529 385087 87109 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 ACADEMIC SOFTWARE LICENSE PAYABLE 163462 163462 X 606733 0 606733 0 606733 519624 0 519624 0 519624 PART X, LINE 2: THE SEMINARY IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND APPLICABLE ARIZONA REVISED STATUTES. CONTRIBUTIONS TO THE SEMINARY ARE TAX-DEDUCTIBLE WITHIN THE LIMITATIONS DESCRIBED BY THE CODE. AS OF DECEMBER 31, 2023 AND 2022, THE SEMINARY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SEMINARY WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. THE SEMINARY'S INFORMATIONAL TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE YEARS ENDED DECEMBER 31, 2020 TO 2023 ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES AND FOR THE YEARS ENDED DECEMBER 31, 2019 TO 2023 BY STATE AUTHORITIES. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THIS IS PART OF THE STUDENT HANDBOOK WHICH STUDENTS MUST AFFIRM AS A PART OF THEIR APPLICATION. SCHEDULE E, PART I, LINE 4 REDEMPTION SEMINARY DOES NOT HAVE A SCHOLARSHIP OR FINANCIAL ASSITANCE PROGRAM. 0 0 0 0 0 0 0 0 0 JOHN SCHWANDT PRESIDENT 164797 0 0 0 0 0 0 0 19800 0 184597 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN AN ANUUAL STATEMENT ABOUT NOT HAVING CONFLICTS AND MUST DISCLOSE ANY CONFLICTS. FOR ANY CONFLICTS THE APPLICATBLE BOARD MEMBERS ARE NOT PERMITTED TO VOTE OR INFLUENCE THE ISSUES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR TOP OFFICIAL: EXECUTIVE COMPENSATION IS DETERMINED BY THE BOARD. COMPENSATION PROCESS FOR OFFICERS: ALL COMPENSATION TO OFFICERS AND EMPLOYEES IS DETERMINED AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC.