Nonprofit · EIN 64-0918136
RTS FOUNDATION INC
Tax-exempt · JACKSON, MS 39211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $37,666 | $10,797 | $26,869 | $388,578 | $0 | $388,578 |
| May 31, 2024 | 990 | $19,574 | $348,452 | -$328,878 | $361,709 | $0 | $361,709 |
| May 31, 2023 | 990 | $80,256 | $67,244 | $13,012 | $693,295 | $0 | $693,295 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $3,000
- Program service revenue
- $0
- Investment income
- $26,869
- Other revenue
- $7,797
Expenses
- Grants and similar amounts paid
- $3,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $3,000
- Fundraising (functional)
- $7,797
Balance sheet and other
- Total assets, start of year
- $361,709
- Total assets, end of year
- $388,578
- Total liabilities, end of year
- $0
- Net assets, end of year
- $388,578
- Publicly traded securities
- $387,017
- Net assets without donor restrictions
- $17,004
- Net assets with donor restrictions
- $371,574
- Gross receipts
- $37,666
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1999
- State of legal domicile
- MS
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| J LIGON DUNCAN III | VICE PRESIDENT Officer | 1 | $0 | $276,427 | $101,174 |
| RICKY RAYBORN | PRESIDENT Officer | 1 | $0 | $124,404 | $25,061 |
| JESSICA SHORT | TREASURER Officer | 1 | $0 | $134,532 | $14,327 |
| BF BRACY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RODERICK S RUSS III | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GEORGE R FAIR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM M MOUNGER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| J SCOTT REDD SR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES L IRBY SR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT T CURTIS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| T DAVID ELKIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CRAIG C ROHDE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| COLLIE W LEHN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DAVID H LUCAS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| WARREN J WILLIAMSON JR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| V HU MEENA | TRUSTEE Trustee or director | 1 | $0 |
| RICHARD L RIDGWAY | TRUSTEE Trustee or director | 1 | $0 |
| LARRY EDWARDS | TRUSTEE Trustee or director | 1 | $0 |
| SCOTT MCLELLAN | TRUSTEE Trustee or director | 1 | $0 |
| PAUL A HURST III | TRUSTEE Trustee or director | 1 | $0 |
| BENJAMIN W ROBERSON | TRUSTEE Trustee or director | 1 | $0 |
| HUGH M COMER | TRUSTEE Trustee or director | 1 | $0 |
| J BYRON JOHNSON | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| J LIGON DUNCAN III | VICE PRESIDENT Officer | 1 | $0 | $280,111 | $46,261 |
| JESSICA SHORT | TREASURER Officer | 1 | $0 | $135,362 | $15,895 |
| RICKY RAYBORN | PRESIDENT Officer | 1 | $0 | $108,840 | $29,156 |
| BF BRACY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RODERICK S RUSS III | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BENJAMIN W ROBERSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES L IRBY SR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| COLLIE W LEHN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CRAIG C ROHDE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DAVID H LUCAS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE R FAIR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| HUGH M COMER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| J BRYON JOHNSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| J SCOTT REDD SR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LARRY W EDWARDS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PAUL HURST III | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD L RIDGWAY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT T CURTIS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT MACLELLAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| T DAVID ELKIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| V HU MEENA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| WARREN J WILLIAMSON JR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM M MOUNGER II | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| J LIGON DUNCAN III | VICE PRESIDENT Officer | 1 | $0 | $306,317 | $48,657 |
| MATTHEW BRYANT | PRESIDENT Officer | 1 | $0 | $102,271 | $29,102 |
| JESSICA SHORT | CFO/TREASURER Officer | 1 | $0 | $24,298 | $897 |
| BF BRACY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BENJAMIN W ROBERSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES L IRBY SR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| COLLIE W LEHN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CRAIG C ROHDE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DAVID H LUCAS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE R FAIR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| HUGH M COMER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| J BYRON JOHNSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| J SCOTT REDD SR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LARRY W EDWARDS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PAUL HURST III | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD L RIDGWAY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT T CURTIS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RODERICK S RUSS III | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SCOTT MCLELLAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| T DAVID ELKIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| V HU MEENA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| WARREN J WILLIAMSON JR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM M MOUNGER II | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4268 I 55 N, JACKSON, MS 39211-6391
- In care of
- % JESSICA SHORT
- Principal officer (990 for 2024)
- J LIGON DUNCAN III, 4268 I-55 N, JACKSON, MS 39211
- Signed the 990
- JESSICA SHORT, CFO
- Phone
- (601) 923-1600
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE MISSION OF THE RTS FOUNDATION IS TO SERVE THOSE WHO SHARE WITH REFORMED THEOLOGICAL SEMINARY THE VISION OF PROVIDING EVANGELICAL BIBLICAL AND THEOLOGICAL EDUCATION IN THE REFORMED TRADITION FOR THE PURPOSE OF PREPARING PASTORS, (CONTINUED ON SCHEDULE O) MISSIONARIES, COUNSELORS AND OTHER CHURCH LEADERS FOR SERVICE TO THE CHURCH THROUGHOUT THE WORLD BY ASSISTING DONORS IN MAXIMIZING THEIR GIVING TO SUPPORT REFORMED THEOLOGICAL SEMINARY WHILE AT THE SAME TIME PROVIDING MAXIMUM BENEFIT TO THEMSELVES AND THEIR FAMILIES. THE MOST ADVANCED TOOLS OF ESTATE AND GIFT PLANNING ARE EMPLOYED UTILIZING METHODS OF INCREASING GIVING, MAXIMIZING TAX SAVINGS AND OFTEN TO INCREASE LIFETIME INCOME. THE ULTIMATE MISSION OF THE RTS FOUNDATION IS TO SERVE CHRIST THROUGH THE MINISTRY OF REFORMED THEOLOGICAL SEMINARY BY SERVING ITS FRIENDSAND SUPPORTERS.
Program accomplishments
- THE FOUNDATION PROVIDED GRANTS TO REFORMED THEOLOGICAL SEMINARY AND OTHER ELIGIBLE 501(C)(3) EXEMPT ORGANIZATIONS APPROVED BY THE FOUNDATION'S BOARD OF TRUSTEES.Expenses $3,000 · grants $3,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 64-0918136
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2002
- Accounting year ends
- May
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Religion-related (X112)
- Assets (IRS master file)
- $388,578
- Income (IRS master file)
- $37,666
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $37,666 | $10,797 | $388,578 | XML |
| 990 | May 2024 | $19,574 | $348,452 | $361,709 | XML |
| 990 | May 2023 | $80,256 | $67,244 | $693,295 | XML |
| 990 | May 2022 | $14,404 | $15,999 | $675,293 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 64-0918136).
Questions about RTS FOUNDATION INC
- What is the EIN of RTS FOUNDATION INC?
- The employer identification number (EIN) of RTS FOUNDATION INC is 64-0918136.
- Is RTS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to RTS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does RTS FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of RTS FOUNDATION INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RTS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of RTS FOUNDATION INC?
- The 990 for the year ended May 31, 2025 names J LIGON DUNCAN III.
- Who are the officers and directors of RTS FOUNDATION INC?
- The 990 for the year ended May 31, 2025 lists 23 people; 0 received compensation from the organization.
- How much revenue does RTS FOUNDATION INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $37,666, expenses of $10,797 and total assets of $388,578 at year end.
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