WESLEY BIBLICAL SEMINARY (EIN 640579585) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

DR ANDY MILLER III

Phone

6013668880

Tax Period

2024-07-01 to 2025-06-30

WESLEY BIBLICAL SEMINARY, founded in 1975, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.0M, a strong 28% operating margin.

Mission

WESLEY BIBLICAL SEMINARY IS A MULTI-DENOMINATIONAL SCHOOL OF THEOLOGY THAT PROVIDES UNDERGRADUATE, GRADUATE AND DOCTORATE LEVEL EDUCATION FOR INDIVIDUALS WHO ARE PREPARING FOR CHRISTIAN SERVICE.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,513,710

Program Service Revenue $1,893,781

Investment Income $334,640

Other Revenue $21,000

TOTAL REVENUE $3,763,131

Expense Breakdown

Grants Paid $622,846

Salaries & Benefits $1,384,708

Fundraising Expenses $171,158

Program Expenses $1,649,576

Other Expenses $719,339

TOTAL EXPENSES $2,726,893

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,763,131	$3,409,560	+0.1%
Expenses	$2,726,893	$2,736,749	0.0%
Net Income	$1,036,238	$672,811	+0.5%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

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

$130,359

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR ANDY MILLER III	PRESIDENT	40.00	Officer	$126,909	$3,450	$130,359
DAVID CHANDLER	BOARD CHAIRM	1.00	Officer Director	$0	$0	$0
ROBERT MCELROY	BOARD VICE C	1.00	Officer Director	$0	$0	$0
CECIL HARPER	BOARD TREASU	1.00	Officer Director	$0	$0	$0
MORGAN ROBERTS	BOARD SECRET	1.00	Officer Director	$0	$0	$0
SCOTT KING	BD OF TRUSTE	1.00	Director	$0	$0	$0
JAMES RENFROE	BD OF TRUSTE	1.00	Director	$0	$0	$0
JAMES HOWARD	BD OF TRUSTE	1.00	Director	$0	$0	$0
BUDDY SMITH	BD OF TRUSTE	1.00	Director	$0	$0	$0
SUSIE BRABEC	BD OF TRUSTE	1.00	Director	$0	$0	$0
ROBERT STEVENSON	BD OF TRUSTE	1.00	Director	$0	$0	$0
MELISSA CLAYTON	BD OF TRUSTE	1.00	Director	$0	$0	$0
HAMP DYE	BD OF TRUSTE	1.00	Director	$0	$0	$0
STUART KELLOGG	BD OF TRUSTE	1.00	Director	$0	$0	$0
MARSHALL DAIGRE	BD OF TRUSTE	1.00	Director	$0	$0	$0
DR JOHN OSWALT	BD OF TRUSTE	1.00	Director	$0	$0	$0
RALPH BUKIEWICZ	BD OF TRUSTE	1.00	Director	$0	$0	$0
JEPTHA COLE	BD OF TRUSTE	1.00	Director	$0	$0	$0
SHERRY POWERS	BD OF TRUSTE	1.00	Director	$0	$0	$0
HOPE MCFADDEN	BD OF TRUSTE	1.00	Director	$0	$0	$0
STEVE RATCLIFF	BD OF TRUSTE	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	$3,763,131	$2,726,893	$9,013,626	$1,036,238
2024	$3,409,560	$2,736,749	$7,663,952	$672,811
2023	$4,234,297	$2,674,654	$6,610,387	$1,559,643
2022	$3,371,777	$3,151,087	$4,673,003	$220,690
2021	$2,987,847	$2,695,947	$5,196,784	$291,900
2020	$1,808,186	$1,681,912	$4,432,495	$126,274
2019	$3,049,660	$1,607,661	$4,225,859	$1,441,999

WESLEY BIBLICAL SEMINARY