Reformation Seminary

Tax-deductible

Prescott Vly, AZ501(c)(3)Colleges & UniversitiesEIN 85-3549290Revenue $16K in FY2024

On file with the IRSreformationseminary.com6049 E Greer Ln, 86314-6782 · Prescott Vly, AZTax-exempt since Feb 2021School — 170(b)(1)(A)(ii)

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While still early in its ministry, the Reformation Seminary faculty is on a mission to train and equip biblically qualified servants of christ who are marked by sound doctrine and kingdom vision.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$15K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $12K a year · 10% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$15K
to officers and key staff · 14% of spending
Top officer’s pay lower than 52% of similar orgs
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 1 voting members
Looks good: 1 of 1 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$16K
-85% vs prior year
Spent
$107K
To programs
100%
Net assets
$9K
By yearFY2022–FY2024
Revenue
$16K
FY2024▼ -85%
Tap a bar for its year
Revenue by fiscal year
FY2022$254K
FY2023$111K
FY2024$16K
Expenses
$107K
FY2024▼ -17%
Tap a bar for its year
Expenses by fiscal year
FY2022$181K
FY2023$130K
FY2024$107K
Net assets
$9K
FY2024▼ -91%
Tap a bar for its year
Net assets by fiscal year
FY2022$119K
FY2023$100K
FY2024$9K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $107K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $15K paid to officers and key staff.

Part VII, Section A · reportable compensation
$15,000Pt VII · Sec A

Dale Partridge’s $15K as CEO is at the 48th percentile of top reported officer pay among 146 <$100K education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022
Dale Partridge$15,000$15,000$15,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Trains and equips biblically qualified servants of Christ with sound doctrine and kingdom vision.

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Provided by the organization

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1 program · $107K · in their own filed words · FY2024
01

Reformation seminary is a legal, graduate-level theological school aimed at equipping aspiring pastors to plant biblical house churches.

$107Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $70K · 2022–2024
Unitemized GrantFY2024$40,000
Unitemized GrantFY2023$12,000
Unitemized GrantFY2022$17,572

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$16K
Ln 12
Fees for servicesLn 2g$16K
Gifts and grantsLn 1h$400
Money outPt IX
$107K
Ln 25
Programscol B$107K
Owns and owesPt X
$9K
net assets · Ln 32
Cash and savingsLn 1–2$9K
Total assetsLn 16$9K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$400
Fees for servicesLn 2g$16K
Total revenueLn 12$16K
Assets in detailPt X, end of year
CashLn 1$9K
Cash and savings togetherLn 1–2$9K
Total assetsLn 16$9K
LiabilitiesLn 26$0
Net assetsLn 32$9K
OperationsPt I, VI
EmployeesI 54
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$100K$9K
Total assetsLn 16$100K$9K
LiabilitiesLn 26$0$0
Net assetsLn 32$100K$9K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$40K$40K
Other salaries and wagesLn 7$57K$57K
Other fees for servicesLn 11g$444$444
Office expensesLn 13$3K$3K
OccupancyLn 16$842$842
TravelLn 17$765$765
Other expenses (24a–d)Ln 24$6K$6K
All other expensesLn 24e$101$101
Total functional expensesLn 25$107K$107K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $16K$107K−$91K$9K 990 PDF
FY2023 $111K$130K−$19K$100K 990 PDF
FY2022 $254K$181K$73K$119K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $16,407 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,269$400
I-9 Program service revenuePrior year $95,364$16,007
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $110,633$16,407
I-13 Grants and similar amounts paidPrior year $12,000$40,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $85,271$56,607
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $32,697$10,808
I-18 Total expensesPrior year $129,968$107,415
I-19 Revenue less expensesPrior year −$19,335−$91,008
Part VI · Governance 1 of 1 board members independent, 2 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members1
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $16,407 across 4 lines filed
VIII-1f All other contributions, gifts and grants$400
VIII-1h Total contributions, gifts and grants$400
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $16,007$16,007
VIII-12 Total revenueRelated to mission $16,007$16,407
Part IX · Statement of functional expenses $107,415 across 8 lines filed
IX-2 Grants to domestic individualsPrograms $40,000$40,000
IX-7 Other salaries and wagesPrograms $56,607$56,607
IX-11g Other fees for servicesPrograms $444$444
IX-13 Office expensesPrograms $2,545$2,545
IX-16 OccupancyPrograms $842$842
IX-17 TravelPrograms $765$765
IX-24 Other expenses (24a–d)Programs $6,111$6,111
IX-24e All other expensesPrograms $101$101
IX-25 Total functional expensesPrograms $107,415 · Management $0 · Fundraising $0$107,415
Part X · Balance sheet $9,011 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $100,019$9,011
X-16 Total assetsStart of year $100,019$9,011
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $100,019$9,011
X-33 Total liabilities and net assetsStart of year $100,019$9,011
Part XI · Reconciliation of net assets $9,011 net assets at year end
XI-1 Total revenue$16,407
XI-2 Total expenses$107,415
XI-3 Revenue less expenses−$91,008
XI-4 Net assets at start of year$100,019
XI-10 Net assets at end of year$9,011

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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