ASHLAND THEOLOGICAL SEMINARY FOUNDA TION (EIN 341202588) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

DOUG COOPER

Phone

4192895161

Tax Period

2024-07-01 to 2025-06-30

ASHLAND THEOLOGICAL SEMINARY FOUNDA TION, founded in 1976, is a small nonprofit in the Religion sector that reported $303K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $337K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE EXCLUSIVE MISSION OF THE FOUNDATION IS TO PROVIDE FOR THE ASHLAND THEOLOGICAL SEMINARY'S CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES. THIS IS ACCOMPLISHED BY COLLECTING AND INVESTING DONATIONS. GRANTS FROM THE EARNINGS ARE MADE TO THE SEMINARY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $81,974

Program Service Revenue $0

Investment Income $221,303

Other Revenue $0

TOTAL REVENUE $303,277

Expense Breakdown

Grants Paid $150,000

Salaries & Benefits $127,622

Fundraising Expenses $0

Program Expenses $213,811

Other Expenses $59,229

TOTAL EXPENSES $336,851

Year-over-Year Comparison

	2024	2023	Change
Revenue	$303,277	$160,355	+0.9%
Expenses	$336,851	$249,133	+0.4%
Net Income	$-33,574	$-88,778	-0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$49,846

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN SHULTZ PHD	PRESIDENT &	1.00	Officer Director	$0	$0	$0
DUANE GARTH	TREASURER &	1.00	Officer Director	$0	$0	$0
ROB HOVIS	SECRETARY &	1.00	Officer Director	$0	$0	$0
DOUG COOPER	EXEC. DIR	20.00	Director	$49,846	$0	$49,846
DAVID S DAVENPORT	TRUSTEE	1.00	Director	$0	$0	$0
YVONNE GLASS PHD	TRUSTEE EX-O	1.00	Director	$0	$0	$0
ANGELA CIRONE	TRUSTEE	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$303,277	$336,851	$3,347,333	$-33,574
2024	$160,355	$249,133	$3,212,694	$-88,778
2018	$92,082	$142,984	$2,962,278	$-50,902

ASHLAND THEOLOGICAL SEMINARY FOUNDA TION