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DIR.- OPERATIONS 8774768674 2024-03-29 true DANIEL LABRY XXX-XX-XXXX false DAVE MOJA P00747006 3212589907 2024-05-10 2022 2023-04-26 12:10:37Z DAVE ANDERSON 3705 COLLEGE PARK DR STE 140 THE WOODLANDS TX 773844894 6018542 false X WWW.GSOT.EDU X 2001 TX TO DEVELOP SPIRITUAL LEADERS IN EVERY NATION WHO CAN TEACH OTHERS ABOUT THE LOVE OF CHRIST, A LOVE THAT CANNOT BE EARNED AND CANNOT BE LOST. 10 9 71 51 0 3572560 3729887 2585600 2292770 -295 -1300 9607 -2815 6167472 6018542 2251577 1974349 0 2749299 2944149 0 318864 1096227 1046190 6097103 5964688 70369 53854 1962026 2439036 968233 1391389 993793 1047647 TO DEVELOP SPIRITUAL LEADERS IN EVERY NATION WHO CAN TEACH OTHERS ABOUT THE LOVE OF CHRIST, A LOVE THAT CANNOT BE EARNED AND CANNOT BE LOST. false false 5036097 1974349 2292770 EDUCATION (CHRISTIAN): WE OFFER SEVERAL DIFFERENT PROGRAMS IN BIBLE THEOLOGY AND CHRISTIAN MINISTRY: ATTENDED BY APPROXIMATELY 830 STUDENTS IN THE U.S. AND INTERNATIONALLY. WE OFFER UNDERGRADUATE, GRADUATE, AND DOCTORAL DEGREE PROGRAMS AND CERTIFICATE PROGRAMS INCLUDING: COURSES AND/OR CONCENTRATION IN BIBLE EXPOSITION, THEOLOGY, AND CHRISTIAN MINISTRY SKILLS. 5036097 true true false false false false false false false false true false false true true false true false true true true true false false false false false false true true false false false false false false false false false false false false false false false false false true 276 0 71 true false false false false false false false false false false false false false false X 10 9 false true false false false false false true true false false false true true true false false false true false X CLINT DIXON 7138978024 3705 COLLEGE PARK DR STE 140 THE WOODLANDS TX 773844894 DAVE ANDERSON TRUSTEE/PRES 40.00 X X 179971 0 66744 FRED CHAY MANAGER 40.00 X 125835 0 27000 DANIEL LABRY FORMER VP 40.00 X 112964 3900 0 CLINT DIXON SR. DIR.- OP 40.00 X 26341 0 29000 MARK ALBERS VICE CHAIR/T 1.00 X X 0 0 0 VICTOR CARDENAS TRUSTEE 1.00 X 0 0 0 TIM DUNN TRUSTEE 1.00 X 0 0 0 CAROLINE FIFE TRUSTEE X 0 0 0 TRACY MARSHALL TRUSTEE 1.00 X 0 0 0 SCOTT MCEWEN CHAIR 1.00 X X 0 0 0 DAVID NICHOLS TRUSTEE 1.00 X 0 0 0 DIAN SUSTEK TRUSTEE 1.00 X 0 0 0 ROBERT TEBOW TRUSTEE 1.00 X 0 0 0 445111 3900 122744 3 false true false 3729887 3729887 TUITION AND FEES 611600 2292770 2292770 2292770 -1300 -1300 OTHER REVENUE 900004 -2815 -2815 -2815 6018542 2292770 -4115 1494367 1494367 479982 479982 206314 152682 33239 20393 2308730 1708577 371953 228200 429105 317559 69132 42414 71923 65069 5333 1521 24804 4914 18762 1128 9876 8459 1109 308 296770 222004 58511 16255 314301 304156 7940 2205 118525 114701 2994 830 14667 10761 3906 62542 45888 16654 10082 10082 OTHER 122700 96896 20194 5610 5964688 5036097 609727 318864 560529 262479 300000 550000 67415 72848 73485 959050 772192 215895 186858 818187 1293366 1962026 2439036 34979 141050 51067 435164 194977 41400 687210 773775 968233 1391389 X 993793 1047647 993793 1047647 1962026 2439036 X 53854 X false true X true false X 4660234 3973335 3697145 3572560 3729887 19633161 4660234 3973335 3697145 3572560 3729887 19633161 19633161 94 -295 -1300 -1501 15458 8551 8607 32616 19664276 9301502 0.99840 0.99840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124404 119150 5254 622437 579129 43308 212209 73913 138296 186858 DUE FROM AFFILIATES 661064 RIGHT OF USE ASSET 468998 PREPAID EXPENSES 124492 OTHER 23170 SECURITY DEPOSIT 15642 1293366 OPERATING LEASE LIABILITY 468998 DEFERRED GRANT REVENUE 300000 OTHER LIABILITIES 4777 773775 4524175 4524175 1494367 1494367 6018542 4470321 4470321 1494367 1494367 5964688 SCHEDULE D, PAGE 4, PART XI, LINE 4B SCHOLARSHIPS 1,494,367 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS 1,494,367 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 POSTED ON WEBSITE true ASIA 1 1 MINISTRY GRANTS 479982 1 1 1 1 479982 479982 MINISTRY 479982 WIRE & CASH false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 RECIPIENTS PREPARE AN ANNUAL BUDGET WHICH IS REVIEWED AND APPROVED BY THE GRACE SCHOOL OF THEOLOGY BOARD OF TRUSTEES WHEN THE ANNUAL GSOT BUDGET IS PRESENTED. BUDGETED FUNDING IS RELEASED MONTHLY BASED ON ACTUAL CASH REQUIREMENTS. RECIPIENTS HAVE AN ONLINE FINANCIAL/BOOKKEEPING SYSTEM WHERE MONTHLY REPORTS ARE GENERATED. THE FINANCIAL RECORDS ARE ALSO AUDITED BY AN INDEPENDENT AUDITOR. SCHEDULE F, PAGE 1, PART I, LINE 3 ASIA 479,982 0 true SCHOLARSHIPS 573 1494367 SCHEDULE I, PAGE 1, PART I, LINE 2 STUDENTS TO BE AWARDED BY GRANTS ARE SCREENED BY THE SCHOOL. GRANTS ARE IN THE FORM OF SCHOLARSHIPS AND DISCOUNTS WHICH ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. false false false false false false false false false DAVE ANDERSON TRUSTEE/PRESIDENT 179971 66744 246715 FRED CHAY MANAGER 125835 27000 152835 FORM 990, PAGE 6, PART VI, LINE 3 THE SEMINARY EMPLOYS A CPEO AS THE EMPLOYER FOR ALL EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND IS REVIEWED BY MANAGEMENT PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL DISCLOSURE OF CONFLICT OF INTEREST IS COMPLETED BY EACH BOARD MEMBER AND OFFICER. THE ORGANIZATION'S POLICY IS A DUTY TO DISCLOSE AGREEMENT TO THE BOARD OF DIRECTORS BEFORE ANY TRANSACTION IS PROPOSED. ALL DIRECTORS AND OFFICERS MUST REVIEW THEIR OUTSIDE BUSINESS OR PROFESSIONAL INTERESTS. INTERESTS ARE REVIEWED BY THE BOARD OF DIRECTORS TO DETERMINE IF SUCH CONFLICTS EXIST. IF ANY FINANCIAL INTEREST REGARDING COMPENSATION IS FOUND FROM MEMBER, THAT MEMBER IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B BENCHMARKING WAS PROVIDED BY ACCREDITORS TRACS AND THE ASSOCIATION OF THEOLOGICAL SCHOOLS. THE PROCESS INCLUDED BOARD APPROVAL WITH THE ACTION RECORDED IN BOARD MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 SCHOLARSHIPS -1,494,367 SCHOLARSHIPS 1,494,367