Covenant Baptist Theological Seminary Inc
Covenant Baptist Theological Seminary Inc at a glance
In short: Covenant Baptist Theological Seminary Inc reported $72K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $72,124 — reported as a total on the IRS filing, without an itemized list
- +120.4% vs 2024
- Total assets
- $836,005
- +12.7% vs 2024
- Revenue (2025)
- $1,512,533
- +14.3% vs 2024
- Net investment income (2025)
- $28,815
- +62.0% vs 2024
- Expenses (2025)
- $1,441,143
- +18.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Covenant Baptist Theological Seminary Inc
Open Grants
2 open opportunities from Covenant Baptist Theological Seminary Inc
Who Covenant Baptist Theological Seminary Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $7K (2021) to $110K (2022). In 2025 it reported $72K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grace Reformed Baptist Chu Owensboro, KY | building rehabilitation | $11,266 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $836,005 | $1,512,533 | $1,441,143 | $72,124 | Total only | $28,815 |
| 2024 | $742,124 | $1,323,815 | $1,212,445 | $32,722 | Total only | $17,782 |
| 2023 | $635,339 | $1,004,739 | $929,807 | $11,266 | 1 | $14,047 |
| 2022 | $573,906 | $1,062,168 | $833,481 | $109,691 | 1 | $55 |
| 2021 | $333,424 | $613,155 | $572,387 | $6,962 | Total only | — |
| 2020 | $291,816 | $543,935 | $447,219 | — | — | — |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Covenant Baptist Theological Seminary Inc
Based on IRS filings
Covenant Baptist Theological Seminary Inc is a public charity focused on Education, based in Owensboro, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $836K in total assets. In 2025, it reported $72K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $29K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Covenant Baptist Theological Seminary Inc is led by Samuel E. Waldron, President on every filing since 2020; 9 of 16 officers listed in 2025 are compensated.
Officers on the 2025 filing
Samuel E. Waldron
President
On filings since 2020
40 hrs/week
$90K (2020) → $93K (2025)
Ron Miller
Chairman
Director → Chairman, 2024
On filings since 2020
$1K (2024) → $1K (2025)
Fred Malone
Director
On filings since 2020
$2K (2023) → $0 (2025)
Jim Savastio
Director
On filings since 2020
$1K (2023) → $1K (2025)
Mike Waters
Director
On filings since 2020
$1K (2023) → $2K (2025)
Tom Hicks
Director
On filings since 2020
$600 (2023) → $2K (2025)
Lee McKinnon
Director
On filings since 2022
$10K (2024) → $9K (2025)
Jon Hueni
Director
On filings since 2020
No compensation reported
Daniel Wolford
Director
On filings since 2022
No compensation reported
Eduardo F. Rivera
Director
On filings since 2023
No compensation reported
Michael Villa
Director
On filings since 2023
No compensation reported
Justin Miller
Director
On filings since 2024
No compensation reported
James Smith
Director
New on the 2025 filing
No compensation reported
Ben Carlson
Board Secretary
Director → Board Secretary, 2024
On filings since 2020
$2K (2023) → $1K (2025)
John Miller
Vice President
Chairman → Vice President, 2022
On filings since 2020
20 hrs/week
$12K (2022) → $20K (2025)
Lindsay B. Bigham Jr.
Treasurer
On filings since 2020
40 hrs/week
$48K (2020) → $91K (2025)
Former officers (6)
- Former: Rexford Semrad (2020–2024) — Secretary
- Former: Jon English Lee (2022–2023) — Director
- Former: Christopher M. Sheffield (2020–2022) — Board Chairman
- Former: Jorge Vega (2020–2022) — Director
- Former: John Divito (2020–2021) — Director
- Former: Michael Spickard (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $93K, to Samuel E Waldron (President). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Covenant Baptist Theological Seminary Inc
How much does Covenant Baptist Theological Seminary Inc give each year?
Covenant Baptist Theological Seminary Inc reported $72K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $33K in grants paid.
How large is Covenant Baptist Theological Seminary Inc?
Covenant Baptist Theological Seminary Inc reported $836K in total assets on its 2025 IRS Form 990. Its revenue that year was $1.5M.
What is Covenant Baptist Theological Seminary Inc?
Covenant Baptist Theological Seminary Inc is a public charity focused on Education, based in Owensboro, KY. It holds $836K in total assets as of 2025.
Where does Covenant Baptist Theological Seminary Inc operate?
Covenant Baptist Theological Seminary Inc has awarded grants in Kentucky.
What is Covenant Baptist Theological Seminary Inc's EIN?
Covenant Baptist Theological Seminary Inc's EIN (Employer Identification Number) is 84-1978807. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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