Mission
TO TRAIN MEN AND WOMEN FOR MINISTRY.
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
Graduate & Professional Schools
NTEE: B50
Latest filing: 2025
Total Revenue$7.6M
Total Expenses$4.8M
Total Assets$5.6M
Grant Records30
Funding Total$1.3M
Filing Years2020–2025
Where $100 goes at Shepherds Theological Seminary Inc
How Shepherds Theological Seminary Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$78
Programs
the work itself
$18
Management
running the organization
$4
Fundraising
raising the next dollar
Inside the $78 for programs
$78
Shepherds Theological Seminary is an accredited graduate school providing quality academic and theological training for students desiring to serve in leadership roles at churches, non-profits, and other faith-based…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$60,960
SPIRITUAL DEVELOPMENT
$54,000
EDUCATIONAL
$50,000
PROGRAMATIC SUPPORT
$13,500
PROGRAMATIC SUPPORT
$13,500
Showing up to 5 of 30 total records — full history available with membership.
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
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.