FOUNDATION FOR THEOLOGICAL EDUCATION

EIN: 752382114 501(c)(3) Religion

THE WOODLANDS, TX

Total Revenue
$310,453
Total Expenses
$449,733
Total Assets
$6,590,572
Net Assets
$6,225,454
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
TX
Principal Officer
EDMUND ROBB III
Phone
2812975900
Tax Period
2025-01-01 to 2025-12-31

FOUNDATION FOR THEOLOGICAL EDUCATION, founded in 1990, is a small nonprofit in the Religion sector that reported $310K in total revenue in fiscal year 2025. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $450K exceeded revenue, resulting in a 45% operating deficit.

Mission

A FOUNDATION FOR THEOLOGICAL EDUCATION IS COMMITTED TO STRENGTHENING THEOLOGICAL EDUCATION IN THE WESLEYAN TRADITION BY PREPARING A NEW GENERATION OF SCHOLARS FOR LEADERSHIP. IT IS OUR MISSION TO CREATE, SUPPORT, AND NURTURE A FELLOWSHIP OF TRANSFORMATIONAL SCHOLARS COMMITTED TO RENEWAL IN THE CHURCH AND THE ADVANCEMENT OF THE KINGDOM OF GOD.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $114,670
Program Service Revenue $0
Investment Income $195,783
Other Revenue $0
TOTAL REVENUE $310,453

Expense Breakdown

Grants Paid $303,011
Salaries & Benefits $20,000
Fundraising Expenses $12,712
Program Expenses $405,241
Other Expenses $126,722
TOTAL EXPENSES $449,733

Year-over-Year Comparison

2025 2024 Change
Revenue $310,453 $1,005,104 -0.7%
Expenses $449,733 $491,815 -0.1%
Net Income $-139,280 $513,289 -1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
11
$20,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR STEVEN MOORE BOARD MEMBER 1
Director
$20,000 $0 $20,000
DR EDMUND W ROBB III CHAIRMAN 2
Officer Director
$0 $0 $0
EDMUND ROBB IV VICE CHAIRMAN 1
Officer Director
$0 $0 $0
ANTHONY LANNIE SECRETARY 1
Officer Director
$0 $0 $0
RANDY BIRDWELL TREASURER 0
Officer Director
$0 $0 $0
DR ANN SNYDER BOARD MEMBER 0
Director
$0 $0 $0
DR THOMAS WARNER BOARD MEMBER 0
Director
$0 $0 $0
GARY LAUGHARN BOARD MEMBER 0
Director
$0 $0 $0
JOHN ELLIS BOARD MEMBER 0
Director
$0 $0 $0
MARK SMITH BOARD MEMBER 0
Director
$0 $0 $0
JEFF OLIVE BOARD MEMBER 0
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 $310,453 $449,733 $6,590,572 $-139,280
2024 $1,005,104 $491,815 $6,050,388 $513,289
2023 $1,088,785 $220,560 $5,011,705 $868,225
2022 $340,116 $360,761 $3,952,650 $-20,645
2021 $509,837 $200,770 $4,016,113 $309,067
2020 $324,356 $272,402 $3,631,944 $51,954
2019 $971,490 $86,334 $3,551,384 $885,156
2018 $1,112,550 $149,520 $2,433,222 $963,030
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