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BETHEL THEOLOGICAL SEMINARY INC

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Public IRS 990 nonprofit record

BETHEL THEOLOGICAL SEMINARY INC

EIN 88-2318646 · Special Education (B28)

What they do

FORM 990, PART I, LINE 1; FORM 990, PART III, LINE 1 THE COMPANY WAS FOUNDED WITH A MISSION to EDUCATE and EQUIP CHRISTIANS of ALL NATIONS to BECOME FAITHFUL DISCIPLES of CHRIST BY TEACHING THEM to FOLLOW THE WORD of GOD. ITS MISSION is to HELP ALL LAITY MEMBERS GROW IN THEIR FAITH ON SOUND BIBLICAL and THEOLOGICAL FOUNDATIONS and SERVE THEIR FAMILIES, CHURCHES, and COMMUNITIES BY PROVIDING A THEOLOGICAL TRAINING PROGRAM, COMBINING ACADEMIC THEORIES WITH PRACTICAL MINISTRY EXPERIENCES to EQUIP THE STUDENTS to SERVE THEIR LOCAL CHURCHES and GLOBAL MISSIONS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $91.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.32%of revenue went to mission work91.5% of expenses · Program services
$85.59spent for every $100 of revenueRevenue covered expenses this year.
7.28%of revenue went to management and office costs8.5% of expenses
$6.20in assets for every $1 spent this yearSome assets cannot be spent right away.
77.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $36,000 for HYO SEOK LIM (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$66,178
Mission workProgram services$51,83078.32% of revenue91.5% of expenses
ManagementOffice and general costs$4,8157.28% of revenue8.5% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$9,53314.41% of revenueShown in gray on the chart
Total expenses$56,64585.59% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 91.5% mission · 8.5% management · 0.0% fundraisingTotal expenses: 85.59% of revenue
2023Expense mix: 81.1% mission · 18.9% management · 0.0% fundraisingTotal expenses: 43.14% of revenue
2022Expense mix: 78.7% mission · 21.3% management · 0.0% fundraisingTotal expenses: 8.74% of revenue

Money in and money out

Revenue$66,178
Expenses$56,645
Annual surplus $9,533 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$51,830 · 91.5% of expenses
Management and office costs$4,815 · 8.5% of expenses
See all reported dollar amounts
Revenue$66,178
Expenses$56,645
Assets$351,273
Income$66,178
Contributions$51,000
Mission work (program services)$51,830
Management and general$4,815
Accounting fees$3,100
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
HYO SEOK LIMPRESIDENT · 20 hrs/week $36,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

HYO SEOK LIMPRESIDENT

BONG JIN SHINTRUSTEE

BRYAN S KHIMCHAIR OF TRU

CHRISTOPHER K YOOCLERK OF TRU

DANIEL SHINJONG BAEQFORMER PRESI

GYUNG HO SONGVICECHAIR OF

HAK SEON KIMTRUSTEE

JUNG M KHIMTREASURER

SE UNG KIMTRUSTEE

SHAWN SUNGJOO KOHTRUSTEE

SONG SUCK CHUNGTRUSTEE

YOUNG CHOTRUSTEE

YOUNG SUNG SONGTRUSTEE

About this charity

Recognized since
January 2023
Location
3165 SAINT JOHNS LN, ELLICOTT CITY, MD 21042-2618
County
Howard
In care of
% JUNG KHIM
Primary officer
JUNG M KHIM, TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
CHOUGH OH GILL CHAE & CO PA CPAS
NTEE classification
Special Education (B28)
IRS tax category
Special Education

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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