EPISCOPAL THEOLOGICAL SEMINARY OF THE SOUTHWEST: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: EPISCOPAL THEOLOGICAL SEMINARY OF THE SOUTHWEST (EIN 74-1238448)
Tax period: 2010-06-01 to 2011-05-31
Filed: 2012-03-29
IRS object ID: 201200899349301155
Schema version: 2010v3.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-03-29T14:35:33-07:00	Timestamp
Tax Period End Date	2011-05-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Dunagan Jack LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	3724 Jefferson Street Suite 307	AddressLine1
City	Austin	City
State	TX	State
ZIP Code	78731	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-06-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	741238448	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Episcopal Theological Seminary	BusinessNameLine1
Business Name Line2	of the Southwest	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	EPIS	NameControl
Phone	5124724133	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 2247	AddressLine1
City	Austin	City
State	TX	State
ZIP Code	78768	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	John Bennet Waters	Name
Title	VP of Admin	Title
Date Signed	2012-03-29	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Bob Dunagan	Name
Phone	5124208997	Phone
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	4684760	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c3	X	Organization501c3
Web Site	www.ssw.edu	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1952	YearFormation
State Legal Domicile	TX	StateLegalDomicile
Activity Or Mission Description	The purpose of the Seminary is to train and educate persons for the ministry in the Protestant Episcopal Church.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	23	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	23	NbrIndependentVotingMembers
Total Nbr Employees	56	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	-22068	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	2878087	ContributionsGrantsPriorYear
Contributions Grants Current Year	2381306	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	637976	ProgramServiceRevenuePriorYear
Program Service Revenue CY	514129	ProgramServiceRevenueCY
Investment Income Prior Year	1179398	InvestmentIncomePriorYear
Investment Income Current Year	452064	InvestmentIncomeCurrentYear
Other Revenue Prior Year	349899	OtherRevenuePriorYear
Other Revenue Current Year	1268085	OtherRevenueCurrentYear
Total Revenue Prior Year	5045360	TotalRevenuePriorYear
Total Revenue Current Year	4615584	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	3648345	SalariesEtcPriorYear
Salaries Etc Current Year	3182640	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	546297	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2323579	OtherExpensePriorYear
Other Expenses Current Year	2200934	OtherExpensesCurrentYear
Total Expenses Prior Year	5971924	TotalExpensesPriorYear
Total Expenses Current Year	5383574	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-926564	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-767990	RevenuesLessExpensesCY
Total Assets BOY	31693841	TotalAssetsBOY
Total Assets EOY	35611133	TotalAssetsEOY
Total Liabilities BOY	5436035	TotalLiabilitiesBOY
Total Liabilities EOY	6131519	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	26257806	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	29479614	NetAssetsOrFundBalancesEOY
Mission Description	The purpose of the Seminary is to train and educate persons for the ministry in the Protestant Episcopal Church.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	3412210	Expense
Description	Theological Education Development - As a graduate school academic institution, the Seminary serves the mission of the Church by preparation of students for competent Christian Ministry. Program services include instruction expenses, library expenses, and auxiliary services.	Description
Total Program Service Expense	3412210	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	true	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	96	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	56	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Quid Pro Quo Contributions	false	QuidProQuoContributions
Quid Pro Quo Disclosure	false	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Number Of8282 Filed	0	NumberOf8282Filed
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	23	NbrVotingGoverningBodyMembers
Number Independent Voting Members	23	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	John Bennet Waters	NamePerson
Telephone Number	5124724133	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	501 East 32nd	AddressLine1
City	Austin	City
State	TX	State
ZIP Code	78705	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (31 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Highest Compensated EmployeeHighestCompensatedEmployee
Very Rev Douglas B Travis
Dean & Pres.	45.00	X	115824	0	47500
Rt Rev J Scott Mayer
Trustee	0.50		0	0	0	X
Rt Rev Gregory H Rickel
Trustee	0.50		0	0	0	X
Rt Rev Dena Harrison
Chair	0.50	X	0	0	0	X
Rt Rev David Reed
Trustee	0.50		0	0	0	X
Rt Rev C Andrew Doyle
Trustee	0.50		0	0	0	X
Rev Susan Barnes
Trustee	0.50		0	0	0	X
Rev Patrick Miller
Trustee	0.50		0	0	0	X
Rev Michael Attas MD
Trustee	0.50		0	0	0	X
Rev Lisa Mason
Treasurer	0.50	X	0	0	0	X
Rev Kathryn M Ryan
Trustee	0.50		0	0	0	X
Rev Kathleen Russell
Trustee	0.50		0	0	0	X
Rev Jay Alanis PhD
Trustee	0.50		0	0	0	X
Rev Christopher Jambor
Trustee	0.50		0	0	0	X
Rev Bob Dannals PhD
Trustee	0.50		0	0	0	X
Rev Alan Gregory
Professor	45.00		62836	0	54000		X
Ms Suzan Fenner
Trustee	0.50		0	0	0	X
Ms Stacy Morales
Secretary	0.50	X	0	0	0	X
Ms Fredricka Brecht
Trustee	0.50		0	0	0	X
Ms Christine Hertlein
Trustee	0.50		0	0	0	X
Ms Carrielu Christensen
Trustee	0.50		0	0	0	X
Mr Thomas C Knudson
Trustee	0.50		0	0	0	X
Mr Ron M Ogden
Trustee	0.50		0	0	0	X
Mr Robert Schorr
Trustee	0.50		0	0	0	X
Mr Dick Davis
Trustee	0.50		0	0	0	X
Mr Darin Digby
Trustee	0.50		0	0	0	X
Karl B Chandler
VP Inst Advanc.	45.00		133900	0	6000		X
John Bennet Waters
VP of Admin	45.00	X	91510	0	8500
Dr Robert Schwartz
Trustee	0.50		0	0	0	X
Dr Lynwood Randolph
Trustee	0.50		0	0	0	X
Dr David J Fine
Trustee	0.50		0	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	404070	TotalReportableCompFromOrg
Total Other Compensation	116000	TotalOtherCompensation
Number Individuals GT100 K	2	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
All Other Contributions	2381306	AllOtherContributions
Total Contributions	2381306	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Tuition	466359	466359
Auxiliary and Misc.	47770	47770

Field	Value	IRS element (for citing)
Total Program Service Revenue	514129	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	452064	TotalRevenueColumn
Exclusion	$452,064	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	845706	TotalRevenueColumn
Exclusion	$845,706	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	412608	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	412608	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	412608	TotalRevenueColumn
Exclusion	$412,608	ExclusionAmount

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	78947	GrossSalesOfInventory
Cost Of Goods Sold	69176	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	9771	TotalRevenueColumn
Exclusion	$9,771	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4615584	TotalRevenueColumn
Related Or Exempt Function Income	514129	RelatedOrExemptFunctionIncome
Exclusion	$1,720,149	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	207334	Total
Management And General	207334	ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	2149332	Total
Program Services	1374232	ProgramServices
Management And General	487783	ManagementAndGeneral
Fundraising	287317	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	239795	Total
Program Services	145781	ProgramServices
Management And General	71680	ManagementAndGeneral
Fundraising	22334	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	429515	Total
Program Services	284362	ProgramServices
Management And General	105954	ManagementAndGeneral
Fundraising	39199	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	156664	Total
Program Services	91948	ProgramServices
Management And General	44903	ManagementAndGeneral
Fundraising	19813	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	80280	Total
Program Services	16056	ProgramServices
Management And General	60210	ManagementAndGeneral
Fundraising	4014	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	21800	Total
Program Services	4360	ProgramServices
Management And General	16350	ManagementAndGeneral
Fundraising	1090	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	101530	Total
Program Services	81224	ProgramServices
Management And General	20306	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	55108	Total
Program Services	2755	ProgramServices
Management And General	13777	ManagementAndGeneral
Fundraising	38576	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	111818	Total
Program Services	72295	ProgramServices
Management And General	28224	ManagementAndGeneral
Fundraising	11299	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	37657	Total
Program Services	34606	ProgramServices
Management And General	3051	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	433596	Total
Program Services	340049	ProgramServices
Management And General	74837	ManagementAndGeneral
Fundraising	18710	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	52559	Total
Program Services	24033	ProgramServices
Management And General	25946	ManagementAndGeneral
Fundraising	2580	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	104316	Total
Program Services	20863	ProgramServices
Management And General	78237	ManagementAndGeneral
Fundraising	5216	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	450799	Total
Program Services	338099	ProgramServices
Management And General	90160	ManagementAndGeneral
Fundraising	22540	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Workgrants	226718	189760	29855	7103
Student recruitment & services	81489	47555	11745	22189
Special course expenses	49861	49861
Miscellaneous	61687	55080	5348	1259
Entertainment & travel	61984	28151	13341	20492

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	269732	Total
Program Services	211140	ProgramServices
Management And General	36026	ManagementAndGeneral
Fundraising	22566	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	5383574	Total
Program Services	3412210	ProgramServices
Management And General	1425067	ManagementAndGeneral
Fundraising	546297	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	98738	BOY
EOY	255722	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	765348	BOY
EOY	438536	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	724215	BOY
EOY	632832	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	296533	BOY
EOY	254544	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	88968	BOY
EOY	83308	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	106726	BOY
EOY	140991	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	33375	BOY
EOY	40368	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	16671302	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	6100982	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	10993697	BOY
EOY	10570320	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	18503964	BOY
EOY	23102451	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	82277	BOY
EOY	92061	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	31693841	BOY
EOY	35611133	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	47335	BOY
EOY	49465	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	17663	BOY
EOY	369	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	5283000	BOY
EOY	5983000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	88037	BOY
EOY	98685	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	5436035	BOY
EOY	6131519	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4815864	BOY
EOY	5873451	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	3024057	BOY
EOY	5064085	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	18417885	BOY
EOY	18542078	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	26257806	BOY
EOY	29479614	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	31693841	BOY
EOY	35611133	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-767990	ReconcilationRevenueExpenses
Reconcilation Other Changes	3989798	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired
Federal Grant Audit Performed	false	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	18417885	BeginningOfYearBalance
Contributions	124193	Contributions
End Of Year Balance	18542078	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	17379672	BeginningOfYearBalance
Contributions	1038213	Contributions
End Of Year Balance	18417885	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	17336491	BeginningOfYearBalance
Contributions	38965	Contributions
Investment Earnings Or Losses	4216	InvestmentEarningsOrLosses
End Of Year Balance	17379672	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	15237317	OtherCostOrOtherBasis
Depreciation	4829338	Depreciation
Book Value	10407979	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1433985	OtherCostOrOtherBasis
Depreciation	1271644	Depreciation
Book Value	162341	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	10570320	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
Escrow and rental deposits	$6,624
Agency funds	$92,061

Field	Value	IRS element (for citing)
Total Of Amounts	98685	TotalOfAmounts
Total Revenue	4615584	TotalRevenue
Total Expenses	5383574	TotalExpenses
Excess Or Deficit For Year	-767990	ExcessOrDeficitForYear
Net Unrealized GL On Investments	3989798	NetUnrealizedGLOnInvestments
Total Adjustments	3989798	TotalAdjustments
Excess Or Deficit Per FS	3221808	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	8674558	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	3989798	NetUnrealizedGainsInvestments
Other Revenues	69176	OtherRevenues
Revenue Not Rptd F990	4058974	RevenueNotRptdF990
Revenue Subtotal	4615584	RevenueSubtotal
Total Revenue Per Form990	4615584	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	5452750	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	69176	OtherExpensesIncluded
Expenses Not Rptd F990	69176	ExpensesNotRptdF990
Expenses Subtotal	5383574	ExpensesSubtotal
Total Expenses Per Form990	5383574	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Part XIII, Line 2d	Part XIII, Line 2d: Other expenses and losses per audited F/S	Cost of goods sold - bookstore $69176
Part XII, Line 2d	Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990	Cost of goods sold - bookstore $69176

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	false	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	false	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII

Field	Value	IRS element (for citing)
Identifier	Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized	Identifier
Explanation	The Seminary of the Southwest has not publicized its racially non-discriminatory policy because it has never advertised or solicited for students through either of these media. Recruitment of students is passive in that the Seminary responds to requests for information and applications from prospective students. The Seminary does maintain a strong policy on non-discrimination. This policy is published annually in the school catalog.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Compensation Committee	X	CompensationCommittee
Written Employment Contract	X	WrittenEmploymentContract
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException
Rebuttable Presumption Procedure	false	RebuttablePresumptionProcedure

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	Very Rev Douglas B Travis	NamePerson
Base Compensation Filing Org	115824	BaseCompensationFilingOrg
Deferred Comp Filing Org	30000	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	17500	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	163324	TotalCompensationFilingOrg
Comp Report Prior990 Filing Org	161941	CompReportPrior990FilingOrg

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	Sch J, Part I, Line 1a	Identifier
Return Reference	Part I, Line 1a: Relevant information in regards to selections on 1a.	ReturnReference

Schedule L IRS990ScheduleL

Loan Table LoanTable

Field	Value	IRS element (for citing)
Name Person	William M Bennet	NamePerson
Purpose Of Loan	Former Dean - mortg.	PurposeOfLoan
Loan To Organization	X	LoanToOrganization
Original Principal	$150,000	OriginalPrincipalAmount
Balance Due	83308	BalanceDue
Default	false	Default
Approved By Board	true	ApprovedByBoard
Written Agreement	true	WrittenAgreement

Field	Value	IRS element (for citing)
Total Balance Due	83308	TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	Upon written request, these documents will be made available for public inspection.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	The Seminary's process for determining compensation includes the collection of comparable data (comparable positions of comparable organizations obtained from published salary survey reports and Form 990's of other organizations) that is reviewed and discussed by the Board of Trustees.
Form 990, Part VI, Line 12c	Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	All Trustees are advised of the Conflict of Interest Policy annually at each November meeting of the Board of Trustees and execute an aknowledgement of the policy at that time.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	Form 990 is reviewed by both the audit committee and the finance/budget committee prior to filing.