2026-01-28T17:56:42-06:00 2025-06-30 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2024-07-01 860711495 PHOENIX SEMINARY INC PHOE 6024294927 7901 EAST SHEA BLVD SCOTTSDALE AZ 85260 RON OGAN CHAIRMAN 6024294927 2025-12-23 1 1 BRENDA ANN BLUNT CPA P00075126 4803151040 2025-12-23 2024 2025-03-06 01:10:19Z RON OGAN 7901 EAST SHEA BLVD SCOTTSDALE AZ 85260 7556109 0 X WWW.PS.EDU X 1994 AZ PHOENIX SEMINARY'S MISSION IS TO TRAIN MEN AND WOMEN FOR CHRIST-CENTERED MINISTRY FOR THE BUILDING OF HEALTHY CHURCHES IN PHOENIX AND THE WORLD. 7 7 114 7 0 0 4582111 3790824 1899716 1745717 75956 76156 -42297 -54409 6515486 5558288 844887 1379649 0 0 3224028 3216995 81500 113737 684217 1960428 1843743 6110843 6554124 404643 -995836 3966133 3060580 282778 287648 3683355 2772932 X PHOENIX SEMINARY'S MISSION IS TO TRAIN MEN AND WOMEN FOR CHRIST-CENTERED MINISTRY FOR THE BUILDING OF HEALTHY CHURCHES IN PHOENIX AND THE WORLD. 0 0 4727930 1379649 1744514 PHOENIX SEMINARY IS A PROTESTANT, EVANGELICAL SEMINARY THAT EXISTS TO TRAIN MEN AND WOMEN FOR CHRIST-CENTERED MINISTRY FOR THE BUILDING UP OF HEALTHY CHURCHES IN PHOENIX AND THE WORLD. WE EQUIP STUDENTS WITH THE NECESSARY TOOLS TO CARRY OUT THEIR GOD-GIVEN CALLING IN THE TRADITIONAL DISCIPLINES OF SEMINARY EDUCATION. THE SEMINARY IS A NATIONALLY RECOGNIZED, GRADUATE-LEVEL SEMINARY. WE PROVIDE OUR STUDENTS WITH A WIDE AND DIVERSE RANGE OF OPPORTUNITIES TO GAIN PRACTICAL MINISTRY EXPERIENCE. IN FY2024 - 2025 WE HAD 390 STUDENTS ENROLLED AND 37 STUDENTS WHO GRADUATED. SINCE OPENING, WE HAVE TRAINED OVER 2,000 STUDENTS, REPRESENTING MORE THAN 35 EVANGELICAL DENOMINATIONS IN 47 STATES AND 20 COUNTRIES. (CONT'D ON SCH O).PHOENIX SEMINARY IS PROFESSIONALLY ACCREDITED BY THE ASSOCIATION OF THEOLOGICAL SCHOOLS IN THE UNITED STATES AND CANADA AND IS REGIONALLY ACCREDITED BY THE HIGHER LEARNING COMMISSION. THE MASTER OF ARTS IN COUNSELING IS LICENSED BY THE ARIZONA STATE BOARD FOR PRIVATE POST-SECONDARY EDUCATION.THE SEMINARY IS SPONSORING TWO CONFERENCES A YEAR TO HELP LOCAL CHURCHES UNDERSTAND THE SACRED TRUTHS OF THE FAITH MORE DEEPLY THROUGH CONTINUING EDUCATION. 4727930 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 27 0 1 114 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MA MD MI MN MS NC NH NJ NM NY OR PA RI SC TN UT VA WI WV X RYAN BABCOCK 6028508000 7901 E SHEA BLVD SCOTTSDALE AZ 85260 RON OGAN CHAIRPERSON 1.00 X X 0 0 0 DAVID DICKERSON SECRETARY 1.00 X X 0 0 0 BRENT GARRISON DIRECTOR 1.00 X 0 0 0 JUDY HUBER DIRECTOR 1.00 X 0 0 0 ADAM BAILIE DIRECTOR 1.00 X 0 0 0 JENNY CLARK DIRECTOR 1.00 X 0 0 0 KEN BECKENMEYER DIRECTOR 1.00 X 0 0 0 MATTHEW BINGHAM VP OF ACADEMIC AFFAIRS 40.00 X 78002 0 38946 RYAN BABCOCK CONTROLLER 22.00 X 27807 0 0 JONATHAN HANKIN VP OF OPERATIONS 40.00 X 127581 0 22224 DAVID HOGG PRESIDENT 40.00 X 130428 0 111466 363818 0 172636 2 0 1 0 0 161865 201937 3427022 194267 3790824 TUITION AND FEES 611600 1677350 1677350 CONFERENCE FEES 611600 34953 34953 RENT 531120 28000 28000 AUXILIARY MEMBERSHIPS 611600 5414 5414 1745717 66163 66163 1908911 1000 1899918 0 8993 1000 9993 9993 33033 161865 90212 -57179 -57179 6488 7691 -1203 -1203 CREDIT CARD REFUNDS 909999 3973 3973 3973 5558288 1744514 0 22950 742207 742207 637442 637442 619864 422656 197208 2194208 1634565 227534 332109 79593 57295 5613 16685 160763 102403 23396 34964 162567 123264 30425 8878 82547 82547 44100 44100 113737 113737 148021 74994 73027 129917 127595 45 2277 98359 23834 47657 26868 284359 62221 206163 15975 328335 189425 114932 23978 116942 104682 1397 10863 11773 7537 3824 412 157280 124251 17301 15728 BOOKS AND OTHER MATERIA 162064 159263 1007 1794 EVENTS 146294 99711 1147 45436 PERMITS AND FEES 54165 6691 45262 2212 EXECUTIVE PUBLIC RELATI 30781 4278 5607 20896 48806 23616 13785 11405 6554124 4727930 1141977 684217 1101581 456239 717201 48688 78479 59283 15645 15449 67245 100803 2887596 1961190 915717 926406 1037441 1428926 32824 24786 3966133 3060580 186018 184842 62639 76287 34121 26519 282778 287648 X 2120721 1535785 1562634 1237147 3683355 2772932 3966133 3060580 -995836 85413 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1048070 375422 672648 1234945 994113 240832 604581 591655 12926 926406 LEASE LIABILITY 26519 26519 X PART X, LINE 2: MANAGEMENT BELIEVES THAT EACH ENTITY HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE SEMINARY WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE E, PART I, LINE 3 PHOENIX SEMINARY DID NOT PUBLISH OUR RACIALLY NONDISCRIMINATORY POLICY USING EITHER OF THE THREE METHODS REQUIRED BY REV. PROC. 75-50 OR REV. PROC. 2019-22. INSTEAD, WE PUBLISHED ITS POLICY HERE: HTTPS://PS.EDU/ABOUT/POLICIES/, WHICH WE BELIEVED WOULD BE NOTICED BY VISITORS TO OUR SITE. IN NOVEMBER 2024 WE BEGAN PUBLISHING OUR RACIALLY NONDISCRIMINATORY POLICY ON THE HOME PAGE OF OUR WEBSITE IN COMPLIANCE WITH REV. PROC. 2019-22. SCHEDULE E, PART I, LINE 7 PHOENIX SEMINARY DID NOT PUBLISH OUR RACIALLY NONDISCRIMINATORY POLICY FOR THE ENTIRE FISCAL YEAR USING EITHER OF THE THREE METHODS REQUIRED BY REV. PROC. 75-50 OR REV. PROC. 2019-22. INSTEAD, WE PUBLISHED ITS POLICY HERE: HTTPS://PS.EDU/ABOUT/POLICIES/, WHICH WE BELIEVED WOULD BE NOTICED BY VISITORS TO OUR SITE. IN NOVEMBER 2024 WE BEGAN PUBLISHING OUR RACIALLY NONDISCRIMINATORY POLICY ON THE HOME PAGE OF OUR WEBSITE IN COMPLIANCE WITH REV. PROC. 2019-22. X X X X X 1 AMERICAN PHILANTHROPIC 651 VALLEY ROAD BOX 1480 HOCKESSIN DE 19707 CONSULTING 0 3602988 113737 3489251 3602988 113737 3489251 AK CO MI NV NY PA SC WA AZ DE IA ID IN MT NE SD VT WY GA KS ME ND NJ NM OK RI TX WI AL AR CA CT DC FL HI IL KY LA MD MN MO MS NC OH OR TN UT VA WV WOMEN OF MOMENTUM CHRISTMAS LUNCH 45645 29765 15880 3636 8484 1236 27825 WOMEN OF MOMENTUM GOOD FRIDAY BRKFT 149253 132100 17153 29468 19563 194898 161865 33033 3636 37952 20799 27825 90212 -57179 1 BIBLE EDUCATION LEGACY FUND 7901 E SHEA BLVD SCOTTSDALE AZ 85260 208667680 501(C)(3) 742207 0 SCHOLARSHIPS, SALARY SUPPORT, AND GENERAL OPERATING SUPPORT 1 0 SEMINARY SCHOLARSHIPS 111 637442 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED BY THE SCHOLARSHIP COMMITTEE, TO STUDENTS MEETING THE SCHOLARSHIP CRITERIA. THE BURSAR POSTS THE SCHOLARSHIPS TO STUDENT ACCOUNTS AND PROVIDES BILLING STATEMENTS TO THE STUDENTS. STUDENT SERVICES ADVISORS MONITOR STUDENT'S ELIGIBILITY WITH RECORDS PROVIDED BY THE REGISTRAR'S OFFICE. STUDENT ACCOUNT ACTIVITY IS POSTED TO THE GENERAL LEDGER. THE CONTROLLER MONITORS THE NET ASSET ACCOUNT BALANCE. X 1 1 X 0 0 0 0 0 0 0 0 0 DAVID HOGG PRESIDENT 130428 0 0 0 0 0 46250 0 66589 0 243267 0 0 0 JONATHAN HANKIN VP OF OPERATIONS 127581 0 0 0 0 0 3040 0 20489 0 151110 0 0 0 PART I, LINE 1A PHOENIX SEMINARY BOARD APPROVES ANNUAL HOUSING ALLOWANCE DESIGNATIONS FOR PROFESSORS WHO ARE ORDAINED MINISTERS. X 174 FAIR MARKET VALUE X 8 179542 FAIR MARKET VALUE X JEWELRY 1 14000 FAIR MARKET VALUE X SUPPLIES 1 551 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN COLUMN (B) IS THE NUMBER OF CONTRIBUTIONS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION HAS AN EXECUTIVE COMMITTEE WHICH INCLUDES THE BOARD CHAIRPERSON, THE BOARD SECRETARY, AND ANOTHER BOARD MEMBER AS VOTING MEMBERS. THE PRESIDENT, VICE PRESIDENT OF ACADEMIC AFFAIRS, AND VICE PRESIDENT OF OPERATIONS ARE NON-VOTING MEMBERS. THE EXECUTIVE COMMITTEE HAS THE POWER AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AFFAIRS OF PHOENIX SEMINARY, EXCEPT IT DOES NOT HAVE THE POWER TO ADOPT, AMEND, OR REPEAL BY-LAWS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE BOARD OF DIRECTORS ARE ALSO THE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE REVIEWS THE FORM 990 BEFORE IT IS GIVEN TO THE BOARD OF DIRECTORS, (WITH THE NAMES AND ADDRESSES OF DONORS REDACTED), WITH THEIR RECOMMENDATIONS. THE BOARD OF DIRECTORS RATIFIES THE EXECUTIVE MANAGEMENT RECOMMENDATIONS AT THEIR BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND ALL EMPLOYEES ARE COVERED. THE BOARD OF DIRECTORS COMPLETE A CONFLICT-OF-INTEREST FORM ANNUALLY AND THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE CONFLICT-OF-INTEREST FORMS FOR POSSIBLE CONFLICTS OF INTEREST. THE PERSON WHO MAY HAVE A CONFLICT OF INTEREST MAY PARTICIPATE IN THE DISCUSSION OF WHETHER A CONFLICT OF INTEREST EXISTS BUT SHALL EXCUSE HIMSELF OR HERSELF FROM ANY VOTE RELATED TO THE EXISTENCE OR NONEXISTENCE OF THE CONFLICT OF INTEREST. EMPLOYEE COVERAGE AND MONITORING IS CONDUCTED BY THE DEPARTMENT OF HUMAN RESOURCES. FORM 990, PART VI, SECTION B, LINE 15 TO ENSURE FAIRNESS IN PAY, A COMPENSATION STUDY WAS PERFORMED IN EARLY 2021 BY THE OFFICE OF HUMAN RESOURCES TO ENSURE THAT EMPLOYEES ARE BEING PAID FAIRLY AND WITHIN RANGE FOR THEIR JOB DESCRIPTION AND EXPERIENCE. BENCHMARKING SALARY RANGES WERE CONDUCTED USING MARKET DATA RESOURCES PROVIDED BY CUPA-HR AND ATS. THE CUPA-HR DATA ON DEMAND PROGRAM COMPARED PHOENIX SEMINARY TO ALL PARTICIPATING INSTITUTIONS PLUS A SECOND SELECTION OF JUST 37 SIMILAR SIZE INSTITUTIONS. THE ATS COMPARISONS WERE MADE WITH ALL RESPONDING ACCREDITED INSTITUTIONS IN THE UNITED STATES PLUS A COMPARISON BASED ON FULL-TIME EQUIVALENT ENROLLMENT. THE RESULTS WERE REVIEWED BY THE PRESIDENT, PROVOST/EVP AND BOARD MEMBERS OF THE EXECUTIVE COMMITTEE. THE BOARD MEMBERS OF THE EXECUTIVE COMMITTEE ALSO REVIEW COMPENSATION EVERY YEAR BETWEEN THE STUDIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. BIBLE EDUCATION LEGACY FUND 7901 E SHEA BLVD SCOTTSDALE AZ 85260 208667680 SUPPORTING ORGANIZATION FOR PHOENIX SEMINARY, INC. AZ 501(C)(3) LINE 12A, I PHOENIX SEMINARY INC 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 BIBLE EDUCATION LEGACY FUND K 60000 CASH BIBLE EDUCATION LEGACY FUND C 201937 CASH BIBLE EDUCATION LEGACY FUND B 742207 CASH