2023-10-25T12:25:20-05:00 2023-06-30 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2022-07-01 860711495 PHOENIX SEMINARY INC PHOE 6028508000 7901 EAST SHEA BLVD SCOTTSDALE AZ 85260 KEN BECKEMEYER TREASURER 6028508000 2023-10-23 1 KEN BECKEMEYER 999009999 1 BRENDA ANN BLUNT CPA P00075126 4803151040 2023-10-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RON OGAN 7901 EAST SHEA BLVD SCOTTSDALE AZ 85260 7133439 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 7 115 13 0 0 5432604 5026356 1561529 1878164 1884 60426 -11154 -38037 6984863 6926909 1832135 816077 0 0 3576619 3705993 132000 141810 1126434 1659526 2007066 7200280 6670946 -215417 255963 3442651 3660480 419880 381746 3022771 3278734 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. 1 0 4413675 816077 1880337 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. FROM OUR CAMPUS IN THE PHOENIX METRO AREA, NATIONALLY RECOGNIZED, GRADUATE-LEVEL SEMINARY IN PHOENIX, ARIZONA, WE PROVIDE OUR STUDENTS WITH A WIDE AND DIVERSE RANGE OF OPPORTUNITIES TO GAIN PRACTICAL MINISTRY EXPERIENCE. IN FY23 WE HAD 362 STUDENTS ENROLLED AND 63 STUDENTS WHO GRADUATED. SINCE OPENING, WE HAVE TRAINED OVER 2,000 STUDENTS, REPRESENTING MORE THAN 25 EVANGELICAL DENOMINATIONS IN 47 STATES AND 12 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 SPONSORED A CONFERENCE TO HELP LOCAL CHURCHES UNDERSTAND THE SACRED TRUTHS OF THE FAITH MORE DEEPLY THROUGH CONTINUING EDUCATION. 4413675 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 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 31 0 1 115 1 0 0 0 0 0 0 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 DEBORAH ARNITZ 6028508000 7901 E SHEA BLVD SCOTTSDALE AZ 85260 RON OGAN CHAIRMAN 1.00 X X 0 0 0 DAVID DICKERSON SECRETARY 1.00 X X 0 0 0 DANIEL SCHMALTZ TREASURER (JULY - OCT) 1.00 X X 0 0 0 WARREN STEWART SR DIRECTOR (JULY- FEB) 1.00 X 0 0 0 KEN BECKEMEYER DIRECTOR 1.00 X 0 0 0 BRENT GARRISON DIRECTOR 1.00 X 0 0 0 JUDY HUBER DIRECTOR 1.00 X 0 0 0 ADAM BALLIE DIRECTOR (FROM APRIL) 1.00 X 0 0 0 JENNY CLARK DIRECTOR (FROM SEPT) 1.00 X 0 0 0 BRIAN ARNOLD PRESIDENT (JULY-MAY) 40.00 X 162183 0 36922 JOHN MICHAEL THIGPEN PROVOST (JULY- OCT) 40.00 X 69524 0 84282 DEBORAH ARNITZ DIRECTOR OF FINANCE 40.00 X 87662 0 36552 JONATHAN HANKIN VP OF OPERATIONS 40.00 X 52042 0 7017 DAVID HOGG VP OF ACADEMICS 40.00 X 75311 0 55569 DARRYL DELHOUSAYE CHANCELLOR 40.00 X 132656 0 115551 579378 0 335893 2 0 1 0 AMERICAN PHILANTHROPIC 119 N HIGH STREET WEST CHESTER PA 19380 FUNDRAISING COUNSEL 161075 HSL COTTONWOOD RC HOTEL LLC 15000 N SECRET SPRINGS DRIVE MARANA AZ 85658 HOSPITALITY 112311 2 159880 879222 116029 3871225 133319 5026356 TUITION AND FEES 611600 1838666 1838666 CONFERENCE FEES 611600 31567 31567 AUXILIARY MEMBERSHIPS 611600 7931 7931 1878164 59086 59086 127156 125816 1340 1340 1340 30951 159880 75161 -44210 -44210 7726 5553 2173 2173 LEASE REFUND 909999 4000 4000 4000 6926909 1880337 0 20216 816077 816077 719324 292459 245166 181699 2471838 1778640 246433 446765 75869 52963 10496 12410 258275 182474 30210 45591 180687 118220 27283 35184 11691 11691 27300 27300 141810 141810 312562 140028 104648 67886 160754 134561 350 25843 141466 64066 39525 37875 469748 216324 235991 17433 286201 218331 47828 20042 57228 38827 2364 16037 13866 6188 5009 2669 109863 86792 12085 10986 BOOKS AND OTHER MATERIA 171827 170435 321 1071 EVENTS 86766 51137 35629 PERMITS AND FEES 50794 9173 41621 EXECUTIVE PUBLIC RELATI 28791 7422 4007 17362 78209 29558 38509 10142 6670946 4413675 1130837 1126434 485755 953064 1970655 1608466 101757 15422 895 14508 57528 146303 2564183 1643991 813929 920192 12132 2525 3442651 3660480 316424 305154 87918 71891 15538 4701 419880 381746 X 1499813 1453923 1522958 1824811 3022771 3278734 3442651 3660480 255963 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 788504 193002 595502 1171098 879691 291407 604581 571298 33283 920192 LEASE LIABILITY 4701 4701 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PHOENIX SEMINARY PUBLISHED ITS RACIAL NONDISCRIMINATION POLICY ON THE HOME PAGE OF OUR WEBSITE IN A MANNER WE BELIEVE WILL BE NOTICED BY VISITORS TO OUR SITE SCHEDULE E, PART I, LINE 6 PHOENIX SEMINARY PARTICIPATED IN THE WILLIAM D. FORD DIRECT LOAN PROGRAM THROUGH MAY 3, 2023. LOANS ARE SERVICED BY DESIGNATED FEDERAL LOAN SERVICERS AND MUST BE REPAID. FEDERAL DIRECT UNSUBSIDIZED LOANS ARE AVAILABLE TO QUALIFIED STUDENTS. THE SEMNARY WITHDREW FROM PARTICIPATION IN THE PROGRAM ON MAY 4, 2023. X X X X X X X 1 AMERICAN PHILANTHROPIC 119 N HIGH STREET WEST CHESTER PA 19380 CONSULTING 0 2177660 141810 2035850 2177660 141810 2035850 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 HI IL KY LA MD MN MO MS NC OH OR TN UT VA WV WOMEN OF MOMENTUM CHRISTMAS LUNCH 44983 31133 13850 19886 13432 WOMEN OF MOMENTUM GOOD FRIDAY BRKFT 145848 128747 17101 2192 23706 15945 190831 159880 30951 2192 43592 29377 75161 -44210 1 SEMINARY SCHOLARSHIPS 163 750525 HIGHER EDUCATION EMERGENCY RELIEF FUNDS 25 65552 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 COMPTROLLER MONITORS THE NET ASSET ACCOUNT BALANCE. HIGHER EDUCATION EMERGENCY RELIEF FUNDS WERE DISTRIBUTED IN ACCORDANCE WITH GRANT FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION FROM THEIR ALLOCATION OF CARES ACT FUNDING TO PROVIDE EMERGENCY FINANCIAL AID GRANTS TO STUDENTS WHOSE LIVES HAVE BEEN DISRUPTED DUE TO CORONAVIRUS. THE FUNDS WERE DISTRIBUTED BASED ON STUDENTS MEETING THE REQUIREMENTS OF THE PROGRAM INCLUDING HAVING ALREADY INCURRED QUALIFYING REIMBURSABLE EXPENSES. BECAUSE THE FUNDS REIMBURSE QUALIFIED EXPENSES, NO FURTHER MONITORING POST GRANT DISBURSEMENT IS REQUIRED. X 1 1 X 0 0 0 0 0 0 0 0 0 DARRYL DELHOUSAYE CHANCELLOR 132656 0 0 0 0 0 25992 0 89993 0 248641 0 0 0 BRIAN ARNOLD PRESIDENT (JULY-MAY) 162183 0 0 0 0 0 12326 0 25088 0 199597 0 0 0 JOHN MICHAEL THIGPEN PROVOST (JULY- OCT) 69524 0 0 0 0 0 10751 0 74022 0 154297 0 0 0 PART I, LINE 1A PHOENIX SEMINARY BOARD APPROVES ANNUAL HOUSING ALLOWANCE DESIGNATIONS FOR PROFESSORS WHO ARE ORDAINED MINISTERS. X 1 5000 COST X 1163 FAIR MARKET VALUE X 13 127156 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN COLUMN (B) IS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART III, LINE 2 THE SEMINARY IS SPONSORING TWO CONFERENCES A YEAR TO HELP LOCAL CHURCHES UNDERSTAND THE SACRED TRUTHS OF THE FAITH MORE DEEPLY THROUGH CONTINUING EDUCATION. FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION HAS AN EXECUTIVE COMMITTEE CONSISTING OF THE BOARD CHAIRPERSON, TREASURER AND SECRETARY, AS VOTING MEMBERS. THE PRESIDENT, DIRECTOR OF ENROLLMENT, DIRECTOR OF FINANCE, EXECUTIVE VICE PRESIDENT/PROVOST, AND DIRECTOR OF ADVANCEMENT ARE NON-VOTING MEMBERS. THE EXECUTIVE COMMITTEE HAS THE POWER AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AFFAIRS OF THE PHOENIX SEMINARY, EXCEPT IT DOES NOT HAVE THE POWER TO ADOPT, AMEND, OR REPEAL THE 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. 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 0 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 879222 CASH