2024-12-04T09:44:40-05:00 2024-06-30 205630688 TANN BROWN & RUSS CO PLLC 1501 LAKELAND DRIVE SUITE 300 JACKSON MS 392164841 990 2023-07-01 640579585 WESLEY BIBLICAL SEMINARY WESL 6013668880 P O BOX 600 RIDGELAND MS 39158 DR ANDY MILLER III PRESIDENT 6013668880 2024-11-26 true true SCOTT A HODGES P00641691 6013544926 2024-11-27 2023 2024-10-15 13:58:12Z DR ANDY MILLER III PO BOX 600 RIDGELAND MS 39158 5031163 false X WWW.WBS.EDU X 1975 MS WESLEY BIBLICAL SEMINARY IS A MULTI-DENOMINATIONAL SCHOOL OF THEOLOGY THAT PROVIDES UNDERGRADUATE, GRADUATE AND DOCTORATE LEVEL EDUCATION FOR INDIVIDUALS WHO ARE PREPARING FOR CHRISTIAN SERVICE. 18 18 37 0 3040846 1770932 1312623 1561159 -122172 55540 3000 21929 4234297 3409560 605027 535112 0 1378908 1567437 0 273679 690719 634200 2674654 2736749 1559643 672811 6610387 7663952 127201 122177 6483186 7541775 WESLEY BIBLICAL SEMINARY IS A MULTI-DENOMINATIONAL SCHOOL OF THEOLOGY THAT PROVIDES UNDERGRADUATE, GRADUATE AND DOCTORATE LEVEL EDUCATION FOR INDIVIDUALS WHO ARE PREPARING FOR CHRISTIAN SERVICE. false false 1310451 535112 1544124 UNDERGRADUATE, GRADUATE AND DOCTORATE LEVEL EDUCATION PROVIDED FOR INDIVIDUALS WHO ARE PREPARING FOR CHRISTIAN SERVICE. 292299 STUDENT SERVICES CONSISTING OF ADMISSIONS, REGISTRAR ACTIVITIES, AND ACTIVITIES WHOSE PRIMARY PURPOSE IS TO CONTRIBUTE TO STUDENTS' WELL-BEING AND DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTIONAL PROGRAM. 17035 AUXILIARY ENTERPRISES CONSIST OF ESSENTIALLY SELF-SUPPORTING OPERATIONS THAT EXIST TO PROVIDE SERVICES TO STUDENTS, FACULTY OR STAFF, AND THAT CHARGE A FEE THAT IS RELATED TO THE COST OF THE SERVICE. 1602750 true true false false false false false false false true true false false false true false true false true false false false false false false false false false true true false false false false false false false false true false false false false false false false false true 22 0 true 37 true false false false false false false false false false false false false X 18 18 false false false false false false false true true false false false true true true false false true true false X PEGGY PRICE 6013668880 1880 E COUNTY LINE ROAD RIDGELAND MS 39157 DR MATT FRIEDEMAN INTERIM PRES 40.00 0.00 X 81735 0 4685 DR MATT AYARS PREVIOUS PRE 40.00 X 128726 0 29863 J DAVID CHANDLER JR BOARD CHAIRM 1.00 X X 0 0 0 SCOTT KING BOARD SECRET 1.00 X X 0 0 0 JAMES RENFROE BD OF TRUSTE 1.00 X 0 0 0 BOB MCELROY BD OF TRUSTE 1.00 X 0 0 0 MORGAN ROBERTS BD OF TRUSTE 1.00 X 0 0 0 TIM BARBER BD OF TRUSTE 1.00 X 0 0 0 JAMES HOWARD BD OF TRUSTE 1.00 X 0 0 0 BUDDY SMITH BD OF TRUSTE 1.00 X 0 0 0 SUSIE BRABEC BD OF TRUSTE 1.00 X 0 0 0 ROBERT STEVENSON BD OF TRUSTE 1.00 X 0 0 0 JOSEPH CAMPBELL BD OF TRUSTE 1.00 X 0 0 0 MELISSA CLAYTON BD OF TRUSTE 1.00 X 0 0 0 HAMP DYE BD OF TRUSTE 1.00 X 0 0 0 STUART KELLOGG BD OF TRUSTE 1.00 X 0 0 0 MARSHALL DAIGRE BD OF TRUSTE 1.00 X 0 0 0 DR JOHN OSWALT BD OF TRUSTE 1.00 X 0 0 0 PATTY CHRISTIE BD OF TRUSTE 1.00 X 0 0 0 MARY TYES-WILLIAMS BD OF TRUSTE 1.00 X 0 0 0 210461 34548 1 false true false 1770932 168665 1770932 TUITION AND FEES 611600 1544124 1544124 AUXILIARY 611710 17035 17035 1561159 95734 95734 21929 21929 21929 21929 1579809 1600 1616058 5545 -36249 -3945 -40194 -40194 3409560 1561159 77469 535112 535112 193259 193259 1273330 896366 261179 115785 33064 20209 10245 2610 5296 1760 3309 227 62488 38193 19365 4930 27710 27710 27037 27037 81573 18928 16295 46350 29794 22397 7397 76514 4543 36267 35704 83896 83896 33745 10124 18559 5062 66432 18124 21897 26411 31104 8580 3624 18900 55449 16634 30497 8318 22438 4381 16072 1985 LIBRARY MATERIALS 28617 28617 BUILDING REPAIR/MAINT 27979 27979 BANK FEES 23872 23872 GRADUATION EXPENSES 7399 7399 10641 10641 2736749 1602750 860320 273679 240688 563865 1417433 1008177 1594140 1442959 120639 107214 8199 6973 1217022 471256 794766 745766 2432003 3786479 2519 2519 6610387 7663952 46720 39367 77423 79809 3058 3001 127201 122177 X 1760385 1932555 4722801 5609220 6483186 7541775 6610387 7663952 672811 385778 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4813723 528537 373213 -62500 -72500 5580473 2949908 1744725 134551 -14000 -1461 4813723 2928940 433330 -376473 -35889 2949908 2602149 35835 364798 -13842 -60000 2928940 2527075 208996 -91945 -34815 -7162 2602149 0.06890 0.93110 false false 388000 388000 340374 61240 279134 271978 193346 78632 216670 216670 745766 ANNUITY OBLIGATIONS 3001 3001 3233189 385778 -535112 -149334 3382523 27037 27037 3409560 2174600 2174600 27037 535112 562149 2736749 SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE INTENDED PRIMARILY TO PROVIDE INCOME FOR USE AS STUDENT FINANCIAL AID, AN ENDOWED FACULTY CHAIR, AND A LECTURE SERIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D SCHOLARSHIPS APPLIED TO TUITION -535,112 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS APPLIED TO TUITION 535,112 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 PUBLICIZED IN ITS ACADEMIC CATALOG, AT LEAST ANNUALLY IN A NEWSPAPER, AND THROUGH VARIOUS OTHER METHODS. SCHEDULE E, LINE 6 THE SEMINARY PARTICIPATES IN THE U.S. DEPARTMENT OF EDUCATION'S STAFFORD STUDENT LOAN PROGRAM. true STUDENT FINANCIAL AID 207 535112 FMV REDUCED TUITION SCHEDULE I, PAGE 1, PART I, LINE 2 STUDENT FINANCIAL AID IS AWARDED TO STUDENTS BASED ON ACADEMIC MERIT, FINANCIAL NEED, FACULTY STATUS, AND OTHER ESTABLISHED CRITERIA. X true true X false false false false false false false false false DR MATT AYARS PREVIOUS PRESIDENT 128726 4215 25648 158589 SCHEDULE J, PAGE 1, PART I, LINE 1A A PORTION OF THE SALARY WAS DESIGNATED AS CLERGY HOUSING ALLOWANCE. X 8 168665 MARKET VALUE false false false FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT PRIOR TO SUBMISSION TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL CONFLICT OF INTEREST DISCLOSURE FORMS ARE REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE PRESIDENT'S COMPENSATION ANNUALLY AND CONSIDERS RELEVANT COMPARABILITY DATA AS PART OF THE PROCESS. FORM 990, PAGE 6, PART VI, LINE 15B MANAGEMENT REVIEWS SALARY LEVELS ANNUALLY AND CONSIDERS RELEVANT COMPARABILITY DATA AS PART OF THE PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND OTHER INFORMATION ARE MADE AVAILABLE UPON REQUEST.