Nonprofit · EIN 37-1741214
TEXAS INDEPENDENT BAPTIST SEMINARY
Tax-exempt (reinstated) · LONGVIEW, TX 75604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $866,693 | $1,013,445 | -$146,752 | $456,678 | $2,037,280 | -$1,580,602 |
| December 31, 2023 | 990 | $675,893 | $1,008,624 | -$332,731 | $587,508 | $2,021,358 | -$1,433,850 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $72,995
- Program service revenue
- $278,658
- Investment income
- $0
- Net income from fundraising events
- $509
- Net income from sales of inventory
- $507,193
- Other revenue
- $515,040
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $574,829
- Salaries, compensation and benefits (total)
- $602,337
- Professional fundraising fees
- $0
- Occupancy
- $71,663
- Depreciation
- $30,510
- Program services (functional)
- $992,911
- Management and general (functional)
- $20,534
Balance sheet and other
- Total assets, start of year
- $587,508
- Total assets, end of year
- $456,678
- Total liabilities, end of year
- $2,037,280
- Net assets, end of year
- -$1,580,602
- Land, buildings and equipment
- $16,812
- Gross receipts
- $1,624,931
- Employees
- 37
- Volunteers
- 3
- Year formed
- 2013
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT G GRAY II | CHAIRMAN Trustee or director, Officer | 4 | $0 |
| ARTHUR CARSTENS | TREASURER Trustee or director, Officer | 4 | $0 |
| ROBERT HOLLAND | VICE-CHAIRMAN Trustee or director, Officer | 4 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT G GRAY II | CHAIRMAN Trustee or director, Officer | 4 | $0 |
| TRAVIS SMITH | SECRETARY Trustee or director, Officer | 4 | $0 |
| ARTHUR CARSTENS | TREASURER Trustee or director, Officer | 4 | $0 |
| ROBERT HOLLAND | VICE-CHAIRMAN Trustee or director, Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 2200 W LOOP 281, LONGVIEW, TX 75604-2507
- In care of
- % VERNON W LOVELADY JR
- Principal officer (990 for 2024)
- ROBERT G GRAY II, 2200 W LOOP 281, LONGVIEW, TX 75604
- Signed the 990
- ROBERT G GRAY II, CHAIRMAN
- Phone
- (903) 238-6737
- Website
- WWW.TEXASIBS.ORG
- Return prepared by
- HEARD MCELROY & VESTAL LLC
Mission
TO EDUCATE AND PREPARE MEN AND WOMEN FOR CHRISTIAN LEADERSHIP IN MINISTRY.
Program accomplishments
- GRADUATING STUDENTS FROM THE FOLLOWING PROGRAMS:4-YEAR BACHELOR OF ARTS, THEOLOGY4-YEAR BACHELOR OF ARTS, RELIGIOUS EDUCATION2-YEAR ASSOCIATE OF ARTS, CHURCH OFFICE ADMINISTRATION2-YEAR ASSOCIATE OF ARTS, GENERAL STUDIES2-YEAR ASSOCIATE OF ARTS, CHURCH MUSICExpenses $992,911 · revenue $785,851
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 37-1741214
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X21)
- Assets (IRS master file)
- $456,678
- Income (IRS master file)
- $1,624,931
Revocation and reinstatement
- Exemption revoked
- May 15, 2016
- Posted by the IRS
- August 8, 2016
- Reinstated
- Effective May 15, 2016
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $866,693 | $1,013,445 | $456,678 | IRS |
| 990 | December 2023 | $675,893 | $1,008,624 | $587,508 | XML |
| 990 | December 2022 | $762,072 | $1,813,188 | $821,524 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-1741214).
Questions about TEXAS INDEPENDENT BAPTIST SEMINARY
- What is the EIN of TEXAS INDEPENDENT BAPTIST SEMINARY?
- The employer identification number (EIN) of TEXAS INDEPENDENT BAPTIST SEMINARY is 37-1741214.
- Is TEXAS INDEPENDENT BAPTIST SEMINARY tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
- Are donations to TEXAS INDEPENDENT BAPTIST SEMINARY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEXAS INDEPENDENT BAPTIST SEMINARY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TEXAS INDEPENDENT BAPTIST SEMINARY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEXAS INDEPENDENT BAPTIST SEMINARY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TEXAS INDEPENDENT BAPTIST SEMINARY?
- The 990 for the year ended December 31, 2024 names ROBERT G GRAY II.
- Who are the officers and directors of TEXAS INDEPENDENT BAPTIST SEMINARY?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does TEXAS INDEPENDENT BAPTIST SEMINARY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $866,693, expenses of $1,013,445 and total assets of $456,678 at year end.
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