2021-09-21T14:56:41-05:00 2021-06-30 205630688 TANN BROWN & RUSS CO PLLC 1501 LAKELAND DRIVE SUITE 300 JACKSON MS 392164841 990 2020-07-01 640579585 WESLEY BIBLICAL SEMINARY WESL 6013668880 P O BOX 600 RIDGELAND MS 39158 DR MATT AYARS PRESIDENT 6013668880 2021-09-17 true MATT AYARS 999009999 SCOTT A HODGES P00641691 6013544926 2021-09-20 2020 2022-09-23 18:48:47Z DR MATT AYARS PO BOX 600 RIDGELAND MS 39158 5254709 false X WWW.WBS.EDU X 1975 MS GRADUATE LEVEL INSTRUCTION IN THEOLOGY FOR STUDENTS. 19 19 17 0 779592 1537876 977622 1416138 44456 4496 6516 29337 1808186 2987847 441253 1092990 0 809916 1101352 0 113287 430743 501605 1681912 2695947 126274 291900 4432495 5196784 395697 465982 4036798 4730802 X GRADUATE LEVEL INSTRUCTION IN THEOLOGY FOR STUDENTS. false false 1550899 1077740 1408969 GRADUATE LEVEL INSTRUCTION IN THEOLOGY IS PROVIDED FOR STUDENTS. 181812 15250 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. 1303 7169 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. 1734014 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 29 0 true 17 true false false false false false false true 6 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 82250 0 18679 J DAVID CHANDLER JR CHAIRMAN 1.00 X X 0 0 0 JAMES RENFROE VICE CHAIRMA 1.00 X X 0 0 0 SCOTT KING SECRETARY 1.00 X X 0 0 0 TIM BARBER BD OF TRUSTE 1.00 X 0 0 0 JAMES I HOWARD BD OF TRUSTE 1.00 X 0 0 0 BUDDY SMITH BD OF TRUSTE 1.00 X 0 0 0 MORGAN STUART ROBERTS 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 BOB MCELROY 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 MARY TYES-WILLIAMS 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 82250 18679 false false false 655640 882236 36280 1537876 TUITION AND FEES 611600 1408969 1408969 STUDENT HOUSING/AUXILIARY 611710 7169 7169 1416138 29482 29482 31500 2163 29337 29337 29337 2173566 66147 2223863 40836 -50297 25311 -24986 -24986 2987847 1416138 33833 1092990 1092990 152145 152145 800537 464297 292270 43970 15738 9514 5323 901 103058 59858 37531 5669 29874 14907 13554 1413 25050 25050 71294 34200 37094 11796 11796 70266 2359 40323 27584 72470 72470 29196 8276 16736 4184 16467 1034 10858 4575 16141 6291 5369 4481 853 853 43675 10919 26205 6551 27557 2884 22510 2163 BUILDING REPAIR/MAINT 28205 28205 GRADUATION EXPENSES 26485 26485 LIBRARY MATERIALS 25361 25361 STAFF DEVELOPMENT 12682 12682 24107 24107 2695947 1734014 848646 113287 231476 456220 761885 538785 371581 62194 79976 30000 15000 9734 10732 2194565 1005795 1124497 1188770 1838609 2904782 2519 2519 4432495 5196784 42744 50473 127660 355358 158800 66493 60151 395697 465982 X 1339338 1686071 2697460 3044731 4036798 4730802 4432495 5196784 291900 402104 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2602149 35835 364798 -13842 -60000 2928940 2527075 208996 -91945 -34815 -7162 2602149 1459285 1014836 79334 -26380 2527075 3188134 28907 26862 -21450 -1763168 1459285 3115864 19513 54757 -2000 3188134 1.00000 false false 596169 596169 1128244 711536 416708 253482 77589 175893 216670 216670 1188770 ANNUITY OBLIGATIONS 57151 REFUNDABLE DEPOSITS PAYABLE 3000 60151 2314374 402104 402104 1912270 1075577 1075577 2987847 1620370 2163 2163 1618207 1077740 1077740 2695947 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 RENTAL PROPERTY EXPENSES -2,163 SCHOLARSHIPS APPLIED TO TUITION 1,077,740 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL PROPERTY EXPENSES 2,163 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS APPLIED TO TUITION 1,077,740 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. IN THE FISCAL YEAR ENDING JUNE 30, 2021, THE SEMINARY RECEIVED FUNDING THROUGH THE U.S. SMALL BUSINESS ADMINISTRATION'S PAYCHECK PROTECTION PROGRAM AND THE U.S. DEPARTMENT OF EDUCATION'S HIGHER EDUCATION EMERGENCY RELIEF FUND. true STUDENT FINANCIAL AID 500 15250 1077740 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 6 36280 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.