Public Charity

SHEPHERDS THEOLOGICAL SEMINARY INC

SHEPHERDS THEOLOGICAL SEMINARY INC, of CARY, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7.6M in revenue, $4.8M in expenses, $5.6M in total assets. 30 publicly reported grants to this organization, totaling roughly $1.3M, appear in IRS filings.

EIN: 200180768 CARY, NC Latest filing: 2025
Total Revenue$7.6M
Total Expenses$4.8M
Total Assets$5.6M
Grant Records30
Funding Total$1.3M
Filing Years2020–2025

Mission

TO TRAIN MEN AND WOMEN FOR MINISTRY.

Officers & Directors

BOARD MEMBER Alan Cropsey
BOARD MEMBER Arne Newman
CHAIRMAN OF Bobby Godfrey
PROVOST DEAN David Burggraff
BOARD MEMBER David Gibbs Iii
BOARD MEMBER Don Hong

Officer compensation and complete director data available with membership.

Top Grant Purposes

GREEK PAUL PROJECT
$448,975 5 grants
GROWTH
$365,636 7 grants
For grant recipient's exempt purposes
$139,367 4 grants
RESEARCH AND TRANSCRIPTION OF THE PAULINE CORPUS AS PART OF THE GREEK PAUL PROJECT.
$85,000 1 grant
SPIRITUAL DEVELOPMENT
$54,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $7.6M $4.8M $5.6M
2024 $4.9M $3.6M $3.0M
2023 $3.7M $3.5M $1.7M
2021 $3.2M $2.7M $1.6M
2020 $2.6M $2.5M $1.7M

Between 2020 and 2025, reported annual revenue grew from $2.6M to $7.6M (+191%), with total assets most recently reported at $5.6M.

Interactive year-over-year charts and full filing details available with membership.

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