TULSA, OK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PHILLIPS THEOLOGICAL SEMINARY CORPORATION, founded in 1987, is a mid-sized nonprofit in the Education sector that reported $11.3M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 20% operating margin.
THE SEMINARY'S MISSION IS TO LEARN AND TEACH HOW TO BE: ATTENTIVE TO GOD; RESPONSIBLE BIBLICAL AND THEOLOGICAL INTERPRETERS; FAITHFUL INDIVIDUALS, CONGREGATIONS, AND COMMUNITIES ACTING WITH GOD TO TRANSFORM THE WORLD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $11,332,736 | $8,408,706 | +0.3% |
| Expenses | $9,103,272 | $8,181,017 | +0.1% |
| Net Income | $2,229,464 | $227,689 | +8.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CLAIRE MEREDITH | CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN FATE | VICE CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| SALLY KELLEY | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| LARRY BROWN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TODD ADAMS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CONNIE DIETZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MYRNA JONES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARCIA HAGEE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARLA MAYBERRY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RUTH ANN FATE | TRUSTEE EMERITA | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNWOOD MOORE | CHAIR EMERITUS | 1.00 |
Director
|
$0 | $0 | $0 |
| KYLE MAXWELL | TRUSTEE EMERITUS | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS STANLEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MOISES ECHEVERRUA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSE JACKSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHEBON KERNELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RON NOFZIGER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MINNA ZELCH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL WOODS | TRUSTEE EMERITUS | 1.00 |
Director
|
$0 | $0 | $0 |
| F DOUGLAS POWE JR | PRESIDENT | 40.00 |
Officer
|
$0 | $0 | $0 |
| NANCY CLAIRE PITTMAN | FORMER PRESIDENT | 40.00 |
Officer
|
$125,974 | $56,974 | $182,948 |
| KAREN MCMILLAN | CFO/VP OF FINANCE | 40.00 |
Officer
|
$138,032 | $34,404 | $172,436 |
| ASHLEY GIBSON | SECRETARY | 40.00 |
Officer
|
$69,123 | $22,381 | $91,504 |
| LISA DAVISON | VP OF ACADEMIC AFFAIRS | 40.00 |
Highest
|
$126,658 | $64,188 | $190,846 |
| WARREN CARTER | PROFESSOR-NT | 40.00 |
Highest
|
$108,452 | $36,669 | $145,121 |
| JOSEPH BESSLER | PROFESSOR-THEOLOGY | 40.00 |
Highest
|
$112,449 | $29,177 | $141,626 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $11,332,736 | $9,103,272 | $207,763,449 | $2,229,464 |
| 2024 | $8,408,706 | $8,181,017 | $174,302,256 | $227,689 |
| 2023 | $7,926,663 | $8,125,713 | $156,745,593 | $-199,050 |
| 2022 | $11,053,065 | $7,114,122 | $140,655,779 | $3,938,943 |
| 2021 | $9,611,504 | $7,332,292 | $139,965,847 | $2,279,212 |
| 2020 | $8,119,607 | $6,574,147 | $114,345,021 | $1,545,460 |
| 2019 | $8,869,965 | $6,117,818 | $111,809,026 | $2,752,147 |
| 2018 | $12,347,174 | $5,201,734 | $97,918,699 | $7,145,440 |
Compare PHILLIPS THEOLOGICAL SEMINARY CORPORATION with other nonprofits in Oklahoma and across the country.