2021-03-23T12:54:13-05:00 2020-05-31 BKD LLP 1400 Meadowbrook Road Suite 300 Jackson MS 392116349 990 2019-06-01 640428676 Reformed Theological Seminary % E BRADLEY TISDALE REFO 6019231600 5422 Clinton Blvd Jackson MS 39209 E BRADLEY TISDALE COFO 6019231600 2021-04-15 true Mary F Overstreet CPA P01270094 6019486700 2019 2022-09-23 18:48:47Z J LIGON DUNCAN III 5422 CLINTON BLVD JACKSON MS 39209 45567944 false X RTS.EDU X 1964 MS TO PREPARE LEADERS FOR THE CHURCH WITH "A MIND FOR TRUTH AND A HEART FOR GOD" THROUGH A PROGRAM OF GRADUATE THEOLOGICAL EDUCATION. 18 17 357 18 -25884 -30999 6656122 8386434 11504087 11154176 4221054 6770039 288175 451393 22669438 26762042 4651634 4616660 0 0 11420627 12195897 0 0 1577538 6608303 6249220 22680564 23061777 -11126 3700265 102463230 103910846 2961377 4582470 99501853 99328376 REFORMED THEOLOGICAL SEMINARY (RTS) EXISTS TO GLORIFY THE TRIUNE GOD AND TO SERVE HIS CHURCH IN ALL BRANCHES OF EVANGELICAL CHRISTIANITY, ESPECIALLY PRESBYTERIAN AND REFORMED CHURCHES, BY PROVIDING REFORMED GRADUATE THEOLOGICAL EDUCATION THAT IS GLOBALLY ACCESSIBLE. REFORMED THEOLOGICAL SEMINARY EQUIPS ITS STUDENTS FOR MINISTRY, PRIMARILY THROUGH PASTORAL TRAINING, TO BE SERVANT LEADERS MARKED BY "A MIND FOR TRUTH. A HEART FOR GOD". false false 17329842 4616660 11429416 THE SEMINARY SERVES APPROXIMATELY 1,850 STUDENTS THROUGH CAMPUSES IN JACKSON, MS, ORLANDO, FL, CHARLOTTE, NC, METRO WASHINGTON, DC, ATLANTA, GA, HOUSTON, TX, DALLAS, TX, NEW YORK, NY, DISTANCE EDUCATION PROGRAMS, AND AN EXTENSION SITE IN SAO PAULO, BRAZIL. IN ADDITION, THE SEMINARY IS ENHANCING REFORMED THEOLOGY CURRICULUM WITH ORGANIZATIONS IN INDONESIA. STUDENTS AT RTS ARE ENROLLED IN THE FOLLOWING ACADEMIC DEGREE PROGRAMS: MASTER OF DIVINITY, MASTER OF ARTS (THEOLOGICAL STUDIES), MASTER OF ARTS (BIBLICAL STUDIES), MASTER OF ARTS (RELIGION), MASTER OF ARTS IN COUNSELING, MASTER OF ARTS IN CHRISTIAN COUNSELING, AND DOCTOR OF MINISTRY. 17329842 true true false false false false false true false true true true false false true true false true true true true false true false true false false false true true false false false false false false true true true false false false true true true true false false true 191 0 true 357 true true true false false false false false false false false false false false X 18 17 false false false false false false false true true false true true true true true true true true true true false AK CO DC KY MD MA MI NV NH NJ NY OH OK OR SC WA WI X E BRADLEY TISDALE 6019231600 5422 CLINTON BLVD JACKSON MS 39209 X J LIGON DUNCAN III CHANCELLOR/CEO 40.0 1.0 X 289486 0 49664 JAMES L HARVEY EXECUTIVE DIRECTOR - NYC 40.0 0.0 X 199756 0 21630 ROBERT J CARA PROVOST/CAO 40.0 0.0 X 153518 0 35344 MICHAEL J KRUGER PRESIDENT - CHARLOTTE 40.0 0.0 X 147123 0 33690 E BRADLEY TISDALE CHIEF OPERATIONS AND FINANCIAL 40.0 1.0 X 134115 0 39452 SCOTT R SWAIN PRESIDENT - ORLANDO 40.0 0.0 X 139671 0 31704 JOHN S REDD JR PRESIDENT - WASHINGTON 40.0 0.0 X 137984 0 32447 GUY L RICHARDSON PRESIDENT - JACKSON 40.0 0.0 X 65291 0 101214 MATTHEW BRYANT SENIOR VP - DEVELOPMENT 40.0 1.0 X 123385 0 36776 PAULINE M STONE CHIEF INSTITUTIONAL ASSESSMENT 25.0 0.0 X 60926 0 6565 RICHARD L RIDGWAY CHAIRMAN 1.0 1.0 X X 0 0 0 PAUL HURST III VICE-CHAIRMAN 1.0 1.0 X X 0 0 0 RODERICK S RUSS III SECRETARY 1.0 1.0 X X 0 0 0 BF BRACY TRUSTEE 1.0 1.0 X 0 0 0 COLLIE W LEHN TRUSTEE 1.0 1.0 X 0 0 0 DAVID H LUCAS TRUSTEE 1.0 1.0 X 0 0 0 J SCOTT REDD SR TRUSTEE 1.0 1.0 X 0 0 0 JAMES L MOORE TRUSTEE 1.0 1.0 X 0 0 0 GEORGE R FAIR TRUSTEE 1.0 1.0 X 0 0 0 WILLIAM M MOUNGER II TRUSTEE 1.0 1.0 X 0 0 0 LARRY W EDWARDS TRUSTEE 1.0 1.0 X 0 0 0 V HU MEENA TRUSTEE 1.0 0.0 X 0 0 0 SCOTT MACLELLAN TRUSTEE 1.0 0.0 X 0 0 0 WARREN J WILLIAMSON TRUSTEE 1.0 0.0 X 0 0 0 CHARLES L IRBY SR TRUSTEE 1.0 0.0 X 0 0 0 ROBERT T CURTIS TRUSTEE 1.0 0.0 X 0 0 0 T DAVID ELKIN TRUSTEE 1.0 0.0 X 0 0 0 BENJAMIN W ROBERSON TRUSTEE 1.0 0.0 X 0 0 0 1451255 0 388486 16 false true false CORBETT CONSTRUCTION 2810 DORR AVE FAIRFAX VA 22031 CONSTRUCTION 522864 PENDLETON SECURITY PO BOX 14005 JACKSON MS 39236 SECURITY 151339 HEDERMAN BROTHERS PO BOX 1036 MADISON MS 39130 PRINTING SERVICES 118199 SHI INTERNATIONAL CORPORATION PO BOX 952121 DALLAS TX 753952121 INFORMATION SERVICES 117447 4 125475 90000 8170959 1004704 8386434 TUITION AND FEES 611600 11154176 11154176 11154176 1104589 -25884 1130473 0 0 766967 399143 367824 0 367824 83770 284054 21811038 1991228 17687819 448997 4123219 1542231 5665450 5665450 0 125475 27940 -27940 -27940 0 0 0 162042 242003 -79961 -79961 COUNSELING CLINIC INCOME 900099 69895 69895 EVENTS INCOME 900099 57211 57211 FINANCE CHARGES 900099 32578 32578 31786 31786 191470 26762042 11429416 -25884 6972076 13000 13000 4580010 4580010 23650 23650 0 753947 359813 282485 111649 0 9167088 6560534 1608287 998267 447398 287089 129433 30876 1198011 789425 356129 52457 629453 395951 193504 39998 0 14573 7450 7123 75365 75365 0 0 249788 249788 708065 470719 157552 79794 51895 7545 44350 537217 288103 154450 94664 542025 410486 131539 0 1088652 901163 187489 536915 326247 160642 50026 0 190112 79283 19654 91175 0 8404 8404 1393504 1143155 250349 159729 122235 37494 SECURITY 149149 135362 13787 VISA PROCESSING 112998 964 103943 8091 PERSONNEL DEVELOPMENT 83660 73046 10329 285 UNRELATED BUSINESS INCOME TAX 696 696 346473 362062 -20318 4729 23061777 17329842 4154397 1577538 227133 2715869 1341619 169118 2500 553603 228911 360021 0 0 0 0 41965 1691268 135856 136050 370437 309262 51812717 32154670 20367673 19658047 38366240 42515507 38606505 33005785 0 0 0 0 2774391 2796316 102463230 103910846 1114880 945175 0 0 946282 1010419 0 0 0 0 4672 37 0 1774600 0 0 895543 852239 2961377 4582470 X 47607522 45617815 51894331 53710561 99501853 99328376 102463230 103910846 X 3700265 -3811706 -62036 X false true X true false X 21326698 6714609 8395056 6656122 8386434 51478919 0 0 21326698 6714609 8395056 6656122 8386434 51478919 18963765 32515154 1720614 1954984 1592640 1675346 1871555 8815139 31845 20040 0 0 0 51885 135321 145244 165093 215633 191470 852761 61198704 0.53131 0.50051 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 396250 X X false 78960995 1074561 219170 60955 5214747 3922 74975102 73353893 5359738 266333 14100 4869 78960995 64934577 8098406 386185 60000 5275 73353893 69160587 271669 609850 17700 5086104 3725 64934577 55893188 13125401 151163 4500 4665 69160587 0.35000 0.65000 false true true 6104925 6104925 27838840 17484965 10353875 966317 122080 844237 13102325 11407554 1694771 3800310 3140071 660239 19658047 FLEXIBLE CAPITAL 7087854 F EQUITY - INTERNATIONAL 8967671 F EQUITY - DOMESTIC 2428494 F PRIVATE EQUITY 9688390 F FIXED INCOME - INTERNATIONAL 1541818 F NON-PUBLIC STOCK - BANK OF CHA 3900 C PUBLIC REAL ASSETS 3287658 F 33005785 0 ANNUITY OBLIGATIONS 819160 STUDENT HOUSING DEPOSITS 33079 852239 X 18703938 -3811706 -4915484 -8727190 27431128 -669086 -669086 26762042 18877415 669086 669086 18208329 4853448 4853448 23061777 SCHEDULE D, PART III, LINE 4 THE SEMINARY HAS THREE TORAH SCROLLS (ONE EACH AT OUR JACKSON, ORLANDO, AND CHARLOTTE CAMPUSES) THAT ARE DISPLAYED FOR THE BENEFIT OF OUR STUDENTS AND FRIENDS OF THE SEMINARY. SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUNDS ARE USED TO FUND OPERATING EXPENSES, AWARD SCHOLARSHIPS TO STUDENTS, TAKE ADVANTAGE OF STRATEGIC OPPORTUNITIES, AND TO MAKE DISTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS. SCHEDULE D, PART X, LINE 2 THE CONSOLIDATED FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. AS OF MAY 31, 2020 AND 2019, THE SEMINARY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. Part XI, Line 2d: Other Adjustments: Investment management fees ($249,788) change in beneficial interest in trusts ($62,036) Reclass Scholarships ($4,603,660) TOTAL TO SCHEDULE D, PART XI, LINE 2D: ($4,915,484) Part XI, Line 4b: Other Adjustments: Reclass Cost of Sales ($242,003) Reclass Rental Expenses ($399,143) Reclass direct expenses from fundraising events ($27,940) TOTAL TO SCHEDULE D, PART XI, LINE 4B: ($669,086) Part XII, Line 2d: Other Adjustments: reclass cost of sales $242,003 reclass rental expenses $399,143 reclass direct expenses from fundraising events $27,940 TOTAL TO SCHEDULE D, PART XII, LINE 2D: $669,086 Part XII, Line 4b: Other Adjustments: Investment management fees $249,788 Reclass scholarships $4,603,660 TOTAL TO SCHEDULE D, PART XII, LINE 4B: $4,853,448 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE SEMINARY'S NONDISCRIMINATION POLICY IS COMMUNICATED TO THE GENERAL COMMUNITY THROUGH ITS OFFICIAL WEBSITE, WWW.RTS.EDU, AND CATALOG. SCHEDULE E, PART I, LINE 6A THE SEMINARY RECEIVED PAYMENTS FROM THE DEPARTMENT OF VETERANS AFFAIRS (GI BILL AND POST 9/11 VETERAN EDUCATION FUNDING), FROM THE DEPARTMENT OF MILITARY AFFAIRS (FLORIDA NATIONAL GUARD'S EDUCATIONAL DOLLARS FOR DUTY), FOR TUITION AND FEES RELATED TO STUDENTS THAT QUALIFY FOR THOSE BENEFITS. IN ADDITION, IN NEW YORK STATE, THE SEMINARY RECEIVES FUNDS FROM THE NEW YORK STATE OFFICE OF CHILDREN AND FAMILY SERVICES FOR TUITION AND FEES RELATED TO STUDENTS THAT QUALIFY FOR THOSE BENEFITS. true Central America and the Caribbean Investments 7181950 Sub-Saharan Africa GRANTMAKING SCHOLARSHIPS 10267 EUROPE (INCLUDING ICELAND AND GREENLAND) Investments SCHOLARSHIPS 5592 NORTH AMERICA GRANTMAKING SCHOLARSHIPS 7791 SOUTH AMERICA 1 1 PROGRAM SERVICES INSTRUCTIONAL 14697 EAST ASIA AND THE PACIFIC 1 0 PROGRAM SERVICES INSTRUCTIONAL 18038 EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SERVICES CONFERENCES 5026 SUB-SAHARAN AFRICA PROGRAM SERVICES INSTRUCTIONAL 2406 2 1 2 1 7245767 7245767 SCHOLARSHIPS EAST ASIA AND THE PACIFIC 7 10267 SCHOLARSHIPS FMV Scholarships EUROPE (INCLUDING ICELAND AND GREENLAND) 5 5592 SCHOLARSHIPS FMV Scholarships NORTH AMERICA 9 7791 SCHOLARSHIPS FMV true false true true true false SCHEDULE F, PART I, LINE 2 RECORDS ARE MAINTAINED SHOWING SCHOLARSHIP AWARDS TO SPECIFIC INDIVIDUALS WHO LIVE IN REGIONS OUTSIDE THE UNITED STATES. Part I, Line 3: THE SEMINARY OWNS AN INTEREST IN SIX INTERNATIONAL PRIVATE EQUITY FUNDS DOMICILED IN THE CAYMAN ISLANDS AND ONE INTERNATIONAL PRIVATE EQUITY FUND DOMICILED IN BERMUDA. DAVIDSON KEMPNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL II LP, DAVIDSON KEMPNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL III, LP, DAVIDSON KEMPNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL IV, LP, DAVIDSON KEPMNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL V, LP, DRAKE CAPITAL OFFSHORE PARTNERS LP, WELLSPRING CAPITAL PARTNERS VI, LP, AND ARCHIPELAGO HOLDINGS, LTD. THE FMV OF THESE INVESTMENTS AS OF 5/31/20 WAS $7,181,950 ($242,120, $335,797, $603,061, $53,738, $2,728,117, $288,223, and $2,930,894 respectively). PART IV, LINE 1: THE SEMINARY INDIRECTLY TRANSFERRED PROPERTY AND CASH TO FOREIGN CORPORATIONS THROUGH ITS INVESTMENT IN DOMESTIC PARTNERSHIPS. THE SEMINARY IS FILING FORM 926 FOR THE INDIRECT TRANSFERS TO PROJECT FALCON PARENT, INC. THROUGH ACCOLADE PARTNERS VI, LP. THE SEMINARY IS ALSO FILING FORM 926 FOR THE DIRECT TRANSFERS TO ARCHIPELAGO HOLDINGS, LTD AND DAVIDSON KEMPNER LONG-TERM DISTRESSED OPPORTUNITIES INTERNATIONAL IV, LP. PART IV, LINE 3: THE SEMINARY HAD INVESTMENTS IN FOREIGN CORPORATIONS DURING THE FISCAL YEAR ENDED 05/31/2020 BUT WAS NOT A U.S. SHAREHOLDER UNDER 951 OF A CONTROLLED FOREIGN CORPORATION UNDER 957 AND DID NOT OTHERWISE HAVE A FILING OBLIGATION UNDER 6038. THEREFORE, NO FORMS 5471 WERE REQUIRED TO BE INCLUDED WITH THIS TAX RETURN. PART IV, LINE 4: THE SEMINARY WAS AN INDIRECT SHAREHOLDER OF A PASSIVE FOREIGN INVESTMENT COMPANY (PFIC) OR A QUALIFIED ELECTING FUND DURING THE TAX YEAR. PER THE INSTRUCTIONS TO FORM 8621, A TAX-EXEMPT ORGANIZATION THAT DOES NOT HAVE DISTRIBTUIONS SUBJECT TO UNRELATED BUSINESS INCOME TAX FROM A PFIC IS NOT REQUIRED TO FILE THE FORM. THE SEMINARY IS A TAX-EXEMPT ORGANIZATION. THERE WERE NO DISTRIBUTIONS FROM THE PFIC THAT WERE SUBJECT TO UNRELATED BUSINESS INCOME TAX. ACCORDINGLY, A FORM 8621 WAS NOT FILED THIS TAX YEAR. Westfall Group Consulting false Westfall Gold Consulting false Westfall Productions Consulting false Westfall Speakers Consulting false FL VISION DINNE 115975 115975 250 18479 200 5871 COLUMBIA DINNER 9500 9500 2889 251 0 125475 125475 250 21368 200 6122 27940 -27940 true Scholarships 1401 4580010 FMV Scholarships SCHEDULE I, PART I, LINE 2 SCHOLARSHIP ASSISTANCE IS APPROVED AND MONITORED FOR INDIVIDUALS THROUGH CAMPUS SCHOLARSHIP COMMITTEES WITH CONSULTING FROM INSTITUTIONAL FINANCIAL AID STAFF. X X true true X false false false false false false false false false E BRADLEY TISDALE CHIEF OPERATIONS AND FINANCIAL 133865 0 250 0 0 0 14411 0 25041 0 173567 0 ROBERT J CARA PROVOST/CAO 120430 0 250 0 32838 0 13198 0 22146 0 188862 0 J LIGON DUNCAN III CHANCELLOR/CEO 229161 0 250 0 60075 0 23892 0 25772 0 339150 0 GUY L RICHARDSON PRESIDENT - JACKSON 64541 0 750 0 0 0 34793 0 66421 0 166505 0 SCOTT R SWAIN PRESIDENT - ORLANDO 101921 0 250 0 37500 0 10742 0 20962 0 171375 0 MICHAEL J KRUGER PRESIDENT - CHARLOTTE 96873 0 250 0 50000 0 10462 0 23228 0 180813 0 JOHN S REDD JR PRESIDENT - WASHINGTON 91707 0 250 0 46027 0 9879 0 22568 0 170431 0 JAMES L HARVEY EXECUTIVE DIRECTOR - NYC 129506 0 250 0 70000 0 0 0 21630 0 221386 0 MATTHEW BRYANT SENIOR VP - DEVELOPMENT 123135 0 250 0 0 0 13198 0 23578 0 160161 0 SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS - THE SEMINARY ENCOURAGES AND REIMBURSES OFFICERS OF THE SEMINARY TO TRAVEL WITH THEIR SPOUSES WHEN THE SPOUSE HAS A LEGITIMATE BUSINESS PURPOSE. THE CIRCUMSTANCE OCCURS ON AN INFREQUENT BASIS. THE FOLLOWING WERE REIMBURSED BY THE SEMINARY FOR SPOUSAL TRAVEL, WHICH WAS NOT INCLUDED IN THEIR COMPENSATION AS ALL HAD A LEGITIMATE BUSINESS PURPOSE FOR THE TRAVEL - 2 TRUSTEES, 2 OFFICERS, AND 2 HIGHEST COMPENSATED EMPLOYEES. HOUSING ALLOWANCES - ANNUALLY REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE SEMINARY. ONE HIGHEST COMPENSATED EMPLOYEE IS A MINISTERIAL EMPLOYEE WHICH RECEIVED A NONTAXABLE HOUSING ALLOWANCE. TWO OFFICERS AND FOUR HIGHEST COMPENSATED EMPLOYEES RECEIVED HOUSING ALLOWANCES WHICH WERE INCLUDED IN THEIR TAXABLE COMPENSATION. JOHN S REDD JR FAMILY RELATIONSHIP 170535 SEE PART V false PART IV, LINE (1), COLUMN (B): Relationship between interested person and the organization: John S. Redd, Jr is the son of J. Scott Redd, Sr., board member. Part IV, Line (1), Column (d): Description of transaction: Compensation was paid to a family member of a board member in excess of $10,000. X 21000 APPRAISAL X 14 980704 FMV AT TIME OF GIFT X 1 3000 APPRAISAL 0 false true true SCHEDULE M, PART I, LINE 32B THE SEMINARY USES THIRD-PARTY REALTORS TO MARKET AND SELL DONATED LAND. FORM 990, PART VI, SECTION B, LINE 11B: A MEETING IS HELD BY THE AUDIT/FINANCE COMMITTEE OF THE SEMINARY TO ALLOW COMMITTEE MEMBERS TO DISCUSS THE RETURN AND ASK ANY QUESTIONS. AFTER DISCUSSION/REVISIONS HAVE OCCURRED, THE RETURNS ARE RECOMMENDED TO THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL TO BE FILED. THE FORM 990 IS ALSO PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: THE FULL BOARD OF TRUSTEES AND OFFICERS OF THE SEMINARY ON AN ANNUAL BASIS DISCLOSE RELATED PARTY TRANSACTIONS THAT COULD GIVE RISE TO CONFLICTS. ANY TRANSACTIONS THAT ARE DISCLOSED ARE REPORTED IN THE MINUTES OF THE BOARD MEETINGS. PERSONS WITH A CONFLICT ARE PROHIBITED FROM PARTICIPATING IN THE BOARD DELIBERATIONS & DECISIONS REGARDING THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A & B: THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE TOTAL COMPENSATION OF ALL OFFICERS OF THE SEMINARY ON AN ANNUAL BASIS. THE TOTAL AVERAGE COMPENSATION FROM ANNUAL SURVEYS OF U.S. SCHOOLS THAT ARE MEMBERS OF THE ASSOCIATION OF THEOLOGICAL SCHOOLS IS USED TO DETERMINE THE REASONABLENESS OF OFFICER COMPENSATION, AS WELL AS OTHER MARKET FACTORS SUCH AS DEGREES, YEARS OF EXPERIENCE, PREVIOUS EMPLOYMENT RELATIONSHIPS, AND COMPENSATION LEVELS. FORM 990, PART VI, SECTION C, LINE 19: REFORMED THEOLOGICAL SEMINARY MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS), AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: HIGHEST COMPENSATED EMPLOYEE, GUY RICHARDSON, IS A MINISTERIAL EMPLOYEE EXEMPT FROM FICA TAX. THEREFORE, BOX 5 OF HIS FORM W-2 IS BLANK, AND BOX 1 HAS BEEN USED IN PART VII AS REPORTABLE COMPENSATION AS REQUIRED BY THE INSTRUCTIONS TO FORM 990. COMPENSATION AN EMPLOYEE CONTRIBUTES TO THEIR 401(K) PLAN IS NOT INCLUDED ON FORM W-2, BOX 1, BUT IS INCLUDED ON FORM W-2, BOX 5. FOR THE ABOVE MINISTERIAL EMPLOYEE EXEMPT FROM FICA TAX, EMPLOYEE 401(K) CONTRIBUTIONS ARE REPORTED ON FORM 990, PART VII, COLUMN (F) OR SCHEDULE J, PART II, COLUMN (C), IF APPLICABLE. FOR THOSE EMPLOYEES NOT EXEMPT FROM FICA TAXES, EMPLOYEE PAID CONTRIBUTIONS ARE INCLUDED IN reportable compensation reported on Form 990, Part VII, Column (D) and Schedule J, Part II, Column (B)(i), if applicable. The above individual exempt from FICA tax also received nontaxable housing allowances, which are included on Form 990, Part VII, Column (F), and Schedule J, Part II, Column (D), if applicable, versus being included in Part VII, Column (D) and Schedule J, Part II, Column (B)(iii) for those employees that are not exempt from FICA tax. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTERESTS IN TRUST ($62,036) REFORMED PROPERTIES LLC 1231 REFORMATION DRIVE OVIEDO FL 32765 270679756 REAL ESTATE FL 210445 1026129 RTS RTS FOUNDATION INC 5422 CLINTON BLVD JACKSON MS 39209 640918136 FUNDRAISING MS 501(C)(3) 12A TYPE 1 RTS true REFORMED THEOLOGICAL SEMINARY OF FLORIDA 1231 REFORMATION DRIVE OVIEDO FL 32765 421647628 THEO EDU FL 501(C)(3) 12A TYPE 1 RTS true false false true false false false false false false false false true false true true true false false false RTS Foundation Inc C 90000 FMV