2026-05-11T13:23:21-05:00 2025-06-30 351476702 BRADY WARE & SCHOENFELD INC 3 EASTON OVAL SUITE 300 COLUMBUS OH 43219 990 2024-07-01 314421101 METHODIST THEOLOGICAL SCHOOL IN OHIO METH 7403631146 3081 COLUMBUS PIKE DELAWARE OH 43015 JAY RUNDELL PRESIDENT 7403631146 2026-05-11 1 1 MELESSA L BEHYMER P01380154 6148857407 2026-05-04 2024 2025-03-06 01:10:19Z JAY RUNDELL 3081 COLUMBUS PIKE DELAWARE OH 43015 24688333 0 X WWW.MTSO.EDU X 1956 OH METHODIST THEOLOGICAL SCHOOL IN OHIO PROVIDES THEOLOGICAL EDUCATION AND LEADERSHIP IN PURSUIT OF A JUST, SUSTAINABLE AND GENERATIVE WORLD. 15 15 141 17 87437 0 1697490 3743743 2988629 3160108 2086732 8645493 3197217 412417 9970068 15961761 2751584 2928545 0 0 4230705 4188639 0 0 192965 2755742 3143751 9738031 10260935 232037 5700826 77220579 78935418 5789434 4160038 71431145 74775380 METHODIST THEOLOGICAL SCHOOL IN OHIO PROVIDES THEOLOGICAL EDUCATION AND LEADERSHIP IN PURSUIT OF A JUST, SUSTAINABLE AND GENERATIVE WORLD. 0 0 6376211 2928545 11514377 METHODIST THEOLOGICAL SCHOOL IN OHIO (MTSO) OFFERS FIVE MASTER'S DEGREE PROGRAMS SERVING 151 INDIVIDUALS AND A DOCTOR OF MINISTRY PROGRAM SERVING 56 INDIVIDUALS. THE SCHOOL ALSO PROVIDES PUBLIC THEOLOGY THROUGH SUCH ENDEAVORS AS THE THEOLOGICAL COMMONS AT MTSO, THE SCHOOLER INSTITUTE ON PREACHING AND THE WILLIAMS INSTITUTE LECTURES. PUBLIC LECTURES, WORKSHOPS AND SYMPOSIA ARE OFFERED THROUGHOUT THE YEAR AND SERVED 639 INDIVIDUALS. 479544 525167 AUXILIARY ENTERPRISES EXPENSES FOR AUXILIARY SERVICES FOR THE CONVENIENCE OF OUR STUDENTS. 243275 11188 THE SCHOOL BEGAN A FARMING OPERATION DURING 2014 THAT WAS NAMED SEMINARY HILL FARM (THE "FARM"). THE FARM WAS CREATED TO FURTHER THE SUSTAINABILITY AND LAND INITIATIVE IN THE SCHOOL'S MISSION. THE FARM OPERATION SUPPLIES FOOD FOR THE SCHOOL'S DINING HALL, AS WELL AS THE SURROUNDING COMMUNITY. 7099030 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 167 0 1 141 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X JAMES SUMMERS 7403631146 3081 COLUMBUS PIKE DELAWARE OH 43015 JAY RUNDELL PRESIDENT 40.00 X X 76349 0 146886 DR DEREK ANDERSON TRUSTEE 1.00 X 0 0 0 ANDREW CALL TRUSTEE 1.00 X 0 0 0 THE REV CYNDY GARN TRUSTEE 1.00 X 0 0 0 DR MAGGIE JACKSON TRUSTEE 1.00 X 0 0 0 REV SUSAN A KYSER TRUSTEE 1.00 X 0 0 0 ED YUHAS TRUSTEE 1.00 X 0 0 0 BISHOP GREGORY V PALMER TRUSTEE 1.00 X 0 0 0 THE REV JAMES ROBERSON TRUSTEE 1.00 X 0 0 0 JEFFREY TAYLOR TRUSTEE 1.00 X 0 0 0 GRACE IMATHIU CHAIR 1.00 X X 0 0 0 SHEMA ROBERTS STUDENT TRUSTEE 1.00 X 7418 0 0 EMANUEL CLEVER III TRUSTEE 1.00 X 0 0 0 RYAN SHELLENBERG FACULTY TRUSTEE 35.00 X 79007 0 5680 REV LISA MARCHAL TRUSTEE 1.00 X 0 0 0 REV COLLEEN OGLE TRUSTEE 1.00 X 0 0 0 REV MARK RUPP TRUSTEE 1.00 X 0 0 0 JAMES SUMMERS TREASURER 40.00 X X 96010 0 7579 SUSAN KYSER SECRETARY 1.00 X X 0 0 0 258784 0 160145 0 0 1 0 0 3743743 24000 3743743 TUITION FEES 611310 2953825 2953825 REGISTRATION AND TUITION - CCS 611310 142425 142425 SEMINARY HILL FARM 900099 63858 11188 52670 3160108 85648 5799 79849 17286417 8726572 8559845 8559845 8530877 28968 DORMITORY 611310 305084 305084 MISCELLANEOUS 900099 91332 91332 DINING HALL 611310 16001 16001 412417 15961761 12050732 87437 79849 2928545 2928545 560013 224005 224005 112003 3188152 2052959 1078497 56696 188761 120443 65274 3044 63753 63013 16962 -16222 187960 113659 66425 7876 6993 6993 53960 53960 78918 78918 40584 16901 23683 510878 195233 315645 148412 116109 20703 11600 115872 93992 17836 4044 583100 361522 221578 PROGRAM EXPENSES 696323 687391 7971 961 EQUIPMENT RENTAL 270174 11031 259143 COMPUTER EXPENSES 263276 77443 185833 PROFESSIONAL SERVICE 224686 28352 184905 11429 150575 8432 140609 1534 10260935 7099030 2968940 192965 7531777 8092755 80203 60121 2943313 157214 13770 10607 67856 54960 126789 174302 26141760 16602137 9633869 9539623 39759063 43369936 14927152 15858302 2136787 1617598 77220579 78935418 2537350 618679 25972 28157 3226112 3513202 5789434 4160038 X 6962871 6822537 64468274 67952843 71431145 74775380 77220579 78935418 X 5700826 -1906278 -438430 -11883 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 152706 X X 0 65563430 1856487 6600867 1751634 3201513 69067637 61964838 1001395 7183860 2019188 2567475 65563430 58923549 2348608 4697087 1833330 2171076 61964838 64295258 1425785 -3488090 1791066 1518338 58923549 51058827 2580557 14268463 1652573 1960016 64295258 0.01614 0.00000 0.98386 1 0 397354 397354 17089249 8552430 8536819 970926 693545 277381 4767775 4638802 128973 2916456 2717360 199096 9539623 INVESTMENTS 15858302 F 15858302 ANNUITIES PAYABLE 140392 DEFERRED COMPENSATION 3372810 3513202 X 11036137 -1906278 -11883 -1918161 12954298 78918 2928545 3007463 15961761 7253472 0 7253472 78918 2928545 3007463 10260935 PART III, LINE 1A: COLLECTIONS OF WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS ARE CAPITALIZED AS LONG AS THE ITEMS ARE PRESERVED AND CARED FOR CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE REPORTED IN THE YEAR OF ACQUISITION AS DECREASES IN UNRESTRICTED NET ASSETS, OR IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS, IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED TO THAT USE BY DONOR STIPULATION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. PROCEEDS FROM DISPOSAL OF AND INSURANCE RECOVERIES RELATED TO COLLECTION ITEMS ARE REPORTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE SCHOOL'S COLLECTIONS CONSIST OF VARIOUS WORKS OF ART, SUCH AS PAINTINGS AND OTHER FRAMED ARTWORK, VARIOUS LIBRARY HOLDINGS AND MISCELLANEOUS OBJECTS. PART III, LINE 4: THE COLLECTION CONSISTS OF WORKS OF ART, SUCH AS PAINTINGS AND OTHER FRAMED ARTWORK, VARIOUS LIBRARY HOLDINGS AND MISCELLANEOUS OBJECTS. THE COLLECTION IS AVAILABLE FOR SCHOLARLY RESEARCH AND PUBLIC EXHIBITION. PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT ASSETS IS TO PRESERVE THE REAL PURCHASING POWER OF THE ASSETS AND PROVIDE A GROWING STREAM OF INCOME TO BE MADE AVAILABLE FOR SPENDING AND KEEPING PACE WITH INFLATION, IN ORDER TO SUSTAIN THE EDUCATIONAL AND GENERAL OPERATIONS OF THE SCHOOL. PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE SCHOOL'S TAX RETURNS, TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE SCHOOL HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE SCHOOL'S EXEMPT STATE IN JEOPARDY AS OF JUNE 30, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF ANNUITY OBLIGATIONS -11,883. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 2,928,545. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 2,928,545. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL USES BROCHURES TO PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FUNDING FROM THE FEDERAL GOVERNMENT FOR FEDERAL WORK-STUDY GRANTS. IN ADDITION, STUDENTS MAY RECEIVE GRANTS THROUGH THE FEDERAL STAFFORD LOAN PROGRAM. 1 SCHOLARSHIPS 170 2928545 PART I, LINE 2: SCHOLARSHIP CANDIDATES MUST MEET BASIC MINIMUM GPA REQUIREMENTS, ATTEND IN FULL-TIME STATUS, AND MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS IN THEIR DEGREE PROGRAM. NEW STUDENTS COMPLETE AN APPLICATION ALONG WITH AN ESSAY. ALL ELIGIBLE CANDIDATES ARE INTERVIEWED BY AT LEAST TWO MEMBERS OF THE ADMISSIONS AND STUDENT AID COMMITTEE. AT THE END OF MARCH, THE COMMITTEE MEETS TO SELECT THE AWARD WINNERS. RETURNING STUDENTS WHO WERE NOT AWARDED SCHOLARSHIP FUNDS WILL HAVE THE OPPORTUNITY TO APPLY FOR SCHOLARSHIP IF THEY MEET THE MINIMUM GPA REQUIREMENT IN THEIR STUDIES AT MTSO. THEY MUST PROVIDE THE ASAC SCHOLARSHIP COMMITTEE WITH AN ESSAY AND TWO COURSE EVALUATIONS. THESE REVIEWS ALSO TAKE PLACE AT THE MARCH SCHOLARSHIP SELECTION MEETING. WE MONITOR THE ACADEMIC PROGRESS AND GPA OF SCHOLARSHIP RECIPIENTS ON AN ANNUAL BASIS. IF CRITERIA IS NOT MET, ONE SEMESTER OF SCHOLARSHIP PROBATION IS ENFORCED GIVING THE STUDENT AN ATTEMPT AT IMPROVEMENT BEFORE THE AWARD IS REVOKED. X 1 0 X 0 0 0 0 0 0 0 0 0 JAY RUNDELL PRESIDENT 76349 0 0 0 0 0 27386 0 119500 0 223235 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES A HOUSING ALLOWANCE FOR THE CLERGY ON STAFF INCLUDING THE PRESIDENT OF THE SCHOOL, DR. JAY RUNDELL JAMES SUMMERS TREASURER MOVING EXPENSES X 18000 10607 0 1 1 10607 X 1 24000 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE BOARD ELECTS ITS OWN MEMBERS FORM 990, PART VI, SECTION B, LINE 11B CONTROLLER REVIEWS, THE AUDIT COMMITTEE WILL ALSO REVIEW. A COPY WILL BE MADE AVAILABLE TO THE FULL BOARD FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL TRUSTEES, OFFICERS, FACULTY, AND EMPLOYEES ARE REQUESTED TO LIST ON THE ANNUAL DISCLOSURE FORM ONLY THOSE SUBSTANTIVE RELATIONSHIPS THAT HE OR SHE MAINTAINS (OR MEMBERS OF THEIR FAMILY MAINTAIN) WITH ORGANIZATIONS THAT DO BUSINESS WITH THE SCHOOL OR OTHERWISE COULD BE CONSTRUED TO POTENTIALLY AFFECT THEIR INDEPENDENT, UNBIASED JUDGEMENT IN LIGHT OF HIS OR HER DECISION-MAKING AUTHORITY OR RESPONSIBILITY. THE COORDINATOR OF HUMAN RESOURCES REVIEWS ALL FORMS AND THEY ARE UPDATED YEARLY TO DETERMINE IF THERE ARE ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS DETERMINED BY AN EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IN CONJUNCTION WITH AN ANNUAL PERFORMANCE REVIEW. OFFICERS (SECRETARY & TREASURER) ARE GIVEN PERIODIC REVIEWS BY THEIR SUPERVISORS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST -11,883. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES IN THE WAY THE AUDITOR IS SELECTED OR THE OVERSIGHT OF THE AUDITOR.