2022-05-16T14:47:49-05:00 2021-06-30 363990892 Capin Crouse LLP 1255 Lakes Parkway Suite 130 Lawrenceville GA 30043 990 2020-07-01 570833937 Greenville Presbyterian Theological Seminary GREE 8643222717 PO Box 690 Taylors SC 296870014 Jonathan Master President 8643222717 2022-05-16 1 Jonathan Master 999009999 Ted R Batson Jr P00721951 5055022746 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Jonathan Master PO Box 690 Taylors SC 296870014 1993393 0 X www.gpts.edu X 1986 SC Equip men to preach Christ through biblical language and biblical theology education. 20 20 16 32 0 0 1354411 1388544 507043 432987 1208 29518 -20809 1803 1841853 1852852 225112 174048 0 0 1001028 1086383 0 0 112118 346511 545332 1572651 1805763 269202 47089 2647393 2684056 196116 51067 2451277 2632989 To equip men to be preachers, pastors, and churchmen for Christ's Kingdom among the nations. 0 0 1514196 174048 432987 Theological and educational services for approximately 85 students. 1514196 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 66 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 SC X Brad Perkins 8643222717 PO Box 690 Taylors SC 296870014 X Joseph Pipa President Emeritus 40.00 X 64379 0 93869 Jonathan Master President 40.00 X 35939 0 40478 Fredric Marcinak III Chairman 1.00 X X 0 0 0 Joseph Fowler Vice Chairman 1.00 X X 0 0 0 James Higgins Treasurer 1.00 X X 0 0 0 Mark T Bube Secretary 1.00 X X 0 0 0 Dale S White Trustee 1.00 X 0 0 0 John H Van Voorhis Trustee 1.00 X 0 0 0 Tim Worrell Trustee 1.00 X 0 0 0 Bruce R Vrieling Trustee 1.00 X 0 0 0 Ian Hamilton Trustee 1.00 X 0 0 0 Carl D Robbins Trustee 1.00 X 0 0 0 Frank Aderholdt Jr Trustee 1.00 X 0 0 0 Daniel Jarstfer Trustee Alumni Representat 1.00 X 0 0 0 Kevin Backus Dr Trustee 1.00 X 0 0 0 Del Bailey Dr Trustee 1.00 X 0 0 0 Gary Flye Trustee 1.00 X 0 0 0 Cornelius Johnson Trustee 1.00 X 0 0 0 David McWilliams Dr Trustee 1.00 X 0 0 0 Travis Grassmid Trustee 1.00 X 0 0 0 Jeffrey J Kingswood Trustee 1.00 X 0 0 0 Charles Oliveira Trustee 1.00 X 0 0 0 100318 0 134347 0 0 1 0 0 7471 1381073 1388544 Tuition and fees 611310 347016 347016 Campus bookstore 451211 26009 26009 Conference fees 611310 18155 18155 41807 41807 432987 4242 4242 13129 6054 7075 7075 7075 100098 49843 91446 33219 8652 16624 25276 25276 4550 7471 9822 -5272 -5272 1852852 432987 0 31321 174048 174048 306520 288570 17950 736963 573961 109225 53777 17230 17230 25670 21420 2848 1402 14040 14040 1300 1300 2432 2432 55082 55082 88632 22895 12703 53034 49202 38721 10481 72957 72957 90644 84831 5813 31094 27189 3905 29530 25888 3642 928 928 82928 77438 5490 7565 7565 Bookstore COGS 18998 18998 1805763 1514196 179449 112118 298378 343478 100098 0 0 12887 29743 29620 3387707 1373627 2053299 2014080 165875 283991 2647393 2684056 18725 24993 0 26074 177391 0 196116 51067 X 2451277 2347998 284991 2451277 2632989 2647393 2684056 47089 33065 101558 0 X 1 X 0 0 0 X 1256204 1064680 1427157 1354411 1388544 6490996 1256204 1064680 1427157 1354411 1388544 6490996 1360611 5130385 14955 17371 32326 4550 4550 6527872 2115216 0.78590 0.78810 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising Event - 2020 Amount: $ 4,550. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 171754 68710 43831 284295 152680 17892 1182 171754 15418 135609 1654 152680 11724 240 3454 15418 15169 3445 11724 0.00000 1.00000 0 0 99230 99230 3121454 1219777 1901677 133834 133834 0 33189 20016 13173 2014080 Part V, Line 4: The endowment funds exist to foster the mission of GPTS through excellence in teaching, resarch and writing productivity, and service to Christ's church. The purpose of such appointments is to attract and retain teachers and scholars of the highest academic caliber and personal piety to Greenville Presbyterian Theological Seminary. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 The organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). The organization has added the policy to their homepage. 1 Scholarships 24 174048 Part I, Line 2: No cash changes hands and funds are directly tied to student accounts. X 1 1 X 0 0 0 0 0 0 0 0 0 Joseph Pipa President Emeritus 64379 0 0 0 0 0 31757 0 71876 0 168012 0 0 0 Part I, Line 1a Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. All officers met the qualifications for and received a ministerial housing allowance during the tax year. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's Finance Committee. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12 Line 12: The organization has a conflict of interest policy in place and will have officers and board members sign annual COI statements beginning with the 6/30/2022 fiscal year. Form 990, Part VI, Section B, Lines 13 and 14: The organization is in the process of implenting a written whistleblower and document retention and destruction policy. This question will be answered "yes" on the 06/30/2022 tax return. Form 990, Part VI, Section B, line 15 Line 15a: The President's compensation is set by the independent board members. This process is documented in the board minutes. Line 15b: The organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VII, column D: Compensation reported in Part VII, column D is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F.