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Nonprofit · EIN 90-0399772

NEW LIFE BAPTIST SEMINARY

Tax-exempt · FRISCO, TX 75033

Financials

$32K$50K2023$35K$49K2024
Revenue Expenses · by fiscal year end
Financials of NEW LIFE BAPTIST SEMINARY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$34,878$48,786-$13,908$77,471–$77,471
December 31, 2023990-EZ$31,942$50,154-$18,212$91,379–$91,379
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$34,878

Expenses

Grants and similar amounts paid
$12,000
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$36,000
Printing, publications and postage
$305
Other expenses
$481
Program services (functional)
$48,786

Balance sheet and other

Total assets, start of year
$91,379
Total assets, end of year
$77,471
Total liabilities, end of year
–
Net assets, end of year
$77,471
Cash, savings and investments
$77,471
Gross receipts
$34,878

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GERALD PCOWENDIRECTOR/PRE30$0
KIMBERLY G LAUERSEC/TREAS1$0
CHARLES H ARMSTRONG JRDIRECTOR1$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
GERALD PCOWENDIRECTOR/PRE30$36,000
KIMBERLY G LAUERSEC/TREAS1$0
CHARLES H ARMSTRONG JRDIRECTOR1$0

Address and contacts

Address (IRS master file)
626 BURR OAK DR, FRISCO, TX 75033-1015
In care of
% GERALD P COWEN
Signed the 990-EZ
GERALD PCOWEN, DIRECTOR/PRESIDENT
Phone
(469) 768-7644
Return prepared by
RTB SERVICES LLC

Mission

OUR MISSION IS TO PROVICE THEOLGICAL EDUCATION AND PATORIAL TRAINING FOR STUDENTS, PRIMARILY IN LATIN AMERICA.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROVIDE THE EDUCATION AND TRAINING TO SHARE THE GOOD NEWS OF THE GOSPEL ACROSS CENTRAL AMERICA.
    Expenses $48,786 · grants $12,000

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
90-0399772
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
2009
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B50)
Assets (IRS master file)
$77,471
Income (IRS master file)
$34,878

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$34,878$48,786$77,471XML
990-EZDecember 2023$31,942$50,154$91,379XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––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 90-0399772).

Questions about NEW LIFE BAPTIST SEMINARY

What is the EIN of NEW LIFE BAPTIST SEMINARY?
The employer identification number (EIN) of NEW LIFE BAPTIST SEMINARY is 90-0399772.
Is NEW LIFE BAPTIST SEMINARY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to NEW LIFE BAPTIST SEMINARY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW LIFE BAPTIST SEMINARY file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NEW LIFE 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 NEW LIFE BAPTIST SEMINARY last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of NEW LIFE BAPTIST SEMINARY?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does NEW LIFE BAPTIST SEMINARY have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $34,878, expenses of $48,786 and total assets of $77,471 at year end.

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