2022-12-19T17:05:20-05:00 2022-06-30 205630688 TANN BROWN & RUSS CO PLLC 1501 LAKELAND DRIVE SUITE 300 JACKSON MS 392164841 990 2021-07-01 640579585 WESLEY BIBLICAL SEMINARY WESL 6013668880 P O BOX 600 RIDGELAND MS 39158 DR MATT AYARS PRESIDENT 6013668880 2022-12-16 true MATT AYARS 999009999 SCOTT A HODGES P00641691 6013544926 2022-12-16 2021 2022-09-23 18:48:47Z DR MATT AYARS PO BOX 600 RIDGELAND MS 39158 5246936 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. 19 19 26 0 1537876 1226488 1416138 2074456 4496 65333 29337 5500 2987847 3371777 1092990 1271550 0 1101352 1322298 0 172816 501605 557239 2695947 3151087 291900 220690 5196784 4673003 465982 102719 4730802 4570284 X 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 1955039 1271550 2067562 UNDERGRADUATE, GRADUATE AND DOCTORATE LEVEL EDUCATION PROVIDED FOR INDIVIDUALS WHO ARE PREPARING FOR CHRISTIAN SERVICE. 261158 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. 6894 AUXILIARY ENTERPRISES CONSIST OF STUDENT HOUSING AND OTHER 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. AUXILIARY ENTERPRISES CONSIST OF STUDENT HOUSING AND OTHER 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. 2216197 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 false false false false false false false false false true false false false false false false false false true 25 0 true 26 true false false false false false false false false false false false false X 19 19 false false false false false false false true true false false false true true true false false true true false X ETHAN KELLY 6013668880 1880 E COUNTY LINE ROAD RIDGELAND MS 39157 DR MATT AYARS PRESIDENT 40.00 X 121875 0 20208 J DAVID CHANDLER JR CHAIRMAN 1.00 X X 0 0 0 JAMES RENFROE VICE CHAIRMA 1.00 X X 0 0 0 BOB MCELROY TREASURER 1.00 X X 0 0 0 MORGAN ROBERTS SECRETARY 1.00 X X 0 0 0 SCOTT KING 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 MELVIN PACE 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 STEVE RATCLIFF 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 121875 20208 1 false false false 1226488 119203 1226488 TUITION AND FEES 611600 2067562 2067562 STUDENT HOUSING/AUXILIARY 611710 6894 6894 2074456 67547 67547 5500 5500 5500 5500 1496945 376000 1562786 312373 -65841 63627 -2214 -2214 3371777 2074456 70833 1271550 1271550 150537 150537 1092891 770461 261878 60552 30082 19850 8663 1569 4091 1185 2812 94 44697 22303 20279 2115 27477 27477 107281 58956 22318 26007 16809 9604 7205 67593 3898 28001 35694 58021 58021 29231 7308 17538 4385 33915 3851 16199 13865 24264 9641 3852 10771 59809 14952 35886 8971 25301 2949 20764 1588 LIBRARY MATERIALS 27291 27291 BUILDING REPAIR/MAINT 22555 22555 GRADUATION EXPENSES 19689 19689 DUES 16492 16492 21511 21511 3151087 2216197 762074 172816 456220 273717 538785 1423045 79976 122822 15000 10732 11201 1223303 381938 1188770 841365 2904782 1998334 2519 2519 5196784 4673003 50473 41848 355358 57308 60151 3563 465982 102719 X 1686071 1845209 3044731 2725075 4730802 4570284 5196784 4673003 220690 -381208 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2928940 433330 -376473 -35889 2949908 2602149 35835 364798 -13842 -60000 2928940 2527075 208996 -91945 -34815 -7162 2602149 1459285 1014836 79334 -26380 2527075 3188134 28907 26862 -21450 -1763168 1459285 0.11170 0.88830 false false 388000 388000 340374 38995 301379 278259 126273 151986 216670 216670 841365 ANNUITY OBLIGATIONS 3563 3563 1719019 -381208 -381208 2100227 1271550 1271550 3371777 1879537 1879537 1271550 1271550 3151087 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 4B SCHOLARSHIPS APPLIED TO TUITION 1,271,550 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS APPLIED TO TUITION 1,271,550 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 500 1271550 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 5 119203 FAIR MARKET VALUE false false false FORM 990, PAGE 2, PART III, LINE 4D AUXILIARY ENTERPRISES CONSIST OF STUDENT HOUSING AND OTHER 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. 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.