Mid-america Baptist Theological Seminary is a 501(c)(3) organization based in Arlington, Tennessee, registered in 1972, with $20,877,241 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$20.9M
▲ 417.7% vs prior year
Education median: $200K
Expenses (FY2024)
$6.8M
Net assets
$32.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mid-america Baptist Theological Seminary— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mid-america Baptist Theological Seminary: 58 mo reserves · +68% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mid-america Baptist Theological Seminary— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mid-america Baptist Theological Seminary: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $5.0M (FY2013) to $20.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
67.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$32.8M
Total liabilities
$277K
Net assets
$32.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,877,241▲418% | $6,774,832▲9.3% | $32,543,609▲78.1% | $32,820,545▲41.4% | 990 |
| 2023 | $4,032,635▲18.5% | $6,197,471▼2.3% | $18,270,585▼9.6% | $23,213,789▼1.4% | 990 |
| 2022 | $3,401,936▼37.3% | $6,342,391▲16.8% | $20,202,093▼12.6% | $23,539,749▼7.8% | 990 |
| 2021 | $5,422,482▲26.0% | $5,431,913▲1.9% | $23,118,932▼2.4% | $25,540,580▲0.3% | 990 |
| 2020 | $4,304,116▲68.9% | $5,328,877▼14.0% | $23,681,334 | $25,476,776▲0.2% | 990 |
| 2019 | $2,548,022▼46.4% | $6,195,669▲0.1% | $23,675,951▼13.4% | $25,433,308▼7.5% | 990 |
| 2018 | $4,753,803▲35.7% | $6,189,036▲4.0% | $27,347,633▼7.3% | $27,491,638▼8.9% | 990 |
| 2017 | $3,503,202▼10.2% | $5,952,182▲0.7% | $29,493,791▼7.7% | $30,177,916▼7.6% | 990 |
| 2016 | $3,902,514▲15.1% | $5,911,709▲2.1% | $31,942,771▼5.9% | $32,667,580▼5.5% | 990 |
| 2015 | $3,391,730▲8.3% | $5,791,518▼0.6% | $33,951,966▼6.6% | $34,581,458▼6.0% | 990 |
| 2014 | $3,130,796▼37.0% | $5,829,317▲1.2% | $36,351,754▼6.9% | $36,786,582▼8.0% | 990 |
| 2013 | $4,968,044 | $5,761,396▼0.1% | $39,050,275▼2.0% | $40,004,386▼0.7% | 990 |
| 2012 | — | $5,765,447▲0.3% | $39,843,625▼1.5% | $40,294,975▼1.4% | 990 |
| 2011 | — | $5,748,482▲3.0% | $40,434,490▼5.8% | $40,887,096▼5.8% | 990 |
| 2010 | — | $5,582,950 | $42,907,456 | $43,386,149 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
21 grants to Mid-america Baptist Theological Seminary totaling $227K, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Data for Mid-america Baptist Theological Seminary (EIN 71-0430687) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.