Mission
THE MISSION OF THE ORGANIZATION IS TO PROVIDE THEOLOGICAL EDUCATION, TO PREPARE CLERGY AND LAITY FOR SERVICE IN CHURCHES, CHRISTIAN MINISTRY, AND THE COMMUNITY.
Public Charity
APEX SCHOOL OF THEOLOGY
APEX SCHOOL OF THEOLOGY, of Rolesville, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $153K in expenses, $3.4M in total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $1.6M.
EIN: 562031568
Rolesville, NC
Graduate & Professional Schools
NTEE: B50
Latest filing: 2025
Total Expenses$153K
Total Assets$3.4M
Grants Given2
Grant Total$1.6M
Filing Years2019–2025
Where $100 goes at Apex School of Theology
How Apex School of Theology divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$72
Programs
the work itself
$28
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $72 for programs
$36
The institution provides theological education to prepare clergy and laity for service in churches, christian ministry and the community
$36
Legal Fees to Resolve Lawsuit and Begin Dissolution of Organization
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 Given
THE ORGANIZATION TRANSFERED ALL REMAINING CASH TO TRIANGLE SCHOOL OF THEOLOGY, INC. THIS ORGANIZATION HAS THE SAME CHARITABLE MISSION AND THIS TRANSFER HAS BEEN APPROVED BY THE BOARD OF DIRECTORS.
$500,000
HE ORGANIZATION IS IN THE PROCESS OF TRANSFERRING ALL REMAINING CASH TO TRIANGLE SCHOOL OF THEOLOGY, INC. THIS ORGANIZATION HAS THE SAME CHARITABLE MISSION AND THIS TRANSFER HAS BEEN APPROVED BY THE BOARD OF DIRECTORS.
$1,065,860
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
Trustee
Carolyn Peebles
Trustee
Frank Byrd
Trustee
Franklin Hanes
Trustee
Geraldine Clay
Trustee
James Smith
Trustee Board Chair
Mark Royster
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | — | $153K | $3.4M |
| 2024 | — | $860K | $3.5M |
| 2021 | $8K | $562K | $6.9M |
| 2020 | $684K | $3.1M | $7.4M |
| 2019 | $4.3M | $6.1M | $11.3M |
Between 2019 and 2021, reported annual revenue declined from $4.3M to $8K (-100%), with total assets most recently reported at $3.4M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NC.
NC
Full geographic grant map with state-by-state breakdown available with membership.