Mission
See Schedule O.
Public Charity
Covenant Baptist Theological Seminary Inc
Covenant Baptist Theological Seminary Inc is a nonprofit organization categorized as Public Charity based in Owensboro, KY. Its most recent IRS filing (2025) reports revenue of $1.5M, expenses of $1.4M, total assets of $836K. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $82K.
EIN: 841978807
Owensboro, KY
Graduate & Professional Schools
NTEE: B50
Latest filing: 2025
Total Revenue$1.5M
Total Expenses$1.4M
Total Assets$836K
Grant Records5
Funding Total$82K
Filing Years2020–2025
Where $100 goes at Covenant Baptist Theological Seminary Inc
How Covenant Baptist Theological Seminary Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$85
Programs
the work itself
$11
Management
running the organization
$4
Fundraising
raising the next dollar
Inside the $85 for programs
$85
In 2025, CBTS students completed 1,143 classes (2,853 credits)
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
$10,000
EDUCATION
$41,600
RELIGIOUS MINISTRY
$10,000
RELIGIOUS MINISTRY
$10,000
EDUCATION
$10,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
Board Secretary
Ben Carlson
Director
Daniel Wolford
Director
Eduardo F Rivera
Director
Fred Malone
Director
James Smith
Director
Jim Savastio
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.5M | $1.4M | $836K |
| 2024 | $1.3M | $1.2M | $742K |
| 2023 | $1.0M | $930K | $635K |
| 2022 | $1.1M | $833K | $574K |
| 2020 | $544K | $447K | $292K |
Between 2020 and 2025, reported annual revenue grew from $544K to $1.5M (+178%), with total assets most recently reported at $836K.
Interactive year-over-year charts and full filing details available with membership.