Dallas Seminary Foundation 
The information on this page was last updated 5/1/2026. If you see errors or omissions, please email: [email protected]
Summary
Dallas Seminary Foundation is organized and operates exclusively for the benefit of, and to promote and further the purposes of Dallas Theological Seminary, a Texas non-profit corporation that is organized and operated for charitable, educational and religious purposes.
Contact information
Mailing address:
Dallas Seminary Foundation
3909 Swiss Avenue
Dallas, TX 75204
Website: https://foundation.dts.edu/
Phone: (214) 887-5190
Organization details
EIN: 752188543
CEO/President: Scott Talbot
Chairman:
Board size: 18
Founder:
Ruling year: 1988
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1979
Purpose
To educate the next generation of ministry leaders to transform lives and proclaim the Gospel of Jesus Christ.
Mission statement
The Foundation is organized to support and carry out the purposes of the Seminary by (1) educating laymen of the religious purposes and work of the Seminary, (2) soliciting funds to be used in carrying out the purposes of the Seminary through the provision of planned giving services and (3) assisting other religious organizations in developing strategies for expanding and improving their own ministries
Statement of faith
https://www.dts.edu/why-dts/doctrinal-statement
Articles
| 5/15/2026 | All God's Children Reinstated to ECFA |
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Foundations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1323 of 1479 | 22 of 24 |
| Fund acquisition rating | | 1473 of 1479 | 20 of 24 |
| Resource allocation rating | | 810 of 1479 | 15 of 24 |
| Asset utilization rating | | 1065 of 1480 | 17 of 24 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 0% | 1% | 4% | 3% | 5% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 0% | 1% | 4% | 3% | 4% | 3% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 82% | 94% | 85% | 83% | 87% | 87% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 0% | 2% | 4% | 4% | 3% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 18% | 6% | 15% | 17% | 13% | 13% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 96% | 92% | 90% | 90% | 91% | 88% |
Spending ratio Spending ratio = Total expenses / Total revenue | 80% | 33% | 87% | 68% | 140% | 77% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 31% | 78% | 61% | 128% | 68% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 20% | 67% | 13% | 32% | -40% | 23% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 32% | 3% | 7% | -7% | 6% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 4% | 5% | 6% | 6% | 6% | 8% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.29 | 0.13 | 0.10 | 0.10 | 0.15 | 0.11 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.21 | 1.20 | 1.14 | 1.15 | 1.16 | 1.17 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.32 | 0.16 | 0.12 | 0.11 | 0.17 | 0.13 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 368.62 | 0.00 | 36852.48 | 10527.29 | 10095.10 | 65.93 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 37.29 | 74.47 | 101.85 | 104.78 | 70.45 | 88.07 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 2% | 15% | 39% | 37% | 41% | 39% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 7% | 31% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 318% | 634% | 586% | 632% | 399% | 529% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Cash | $4,375,771 | $8,619,677 | $3,384,251 | $4,800,582 | $796,033 |
| Receivables, inventories, prepaids | $1,000,000 | $1,132,369 | $364,249 | $566,633 | $0 |
| Short-term investments | $96,803,247 | $83,816,405 | $76,511,556 | $60,432,634 | $53,450,958 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $102,179,018 | $93,568,451 | $80,260,056 | $65,799,849 | $54,246,991 |
| Long-term investments | $19,858,825 | $12,663,515 | $12,256,622 | $10,244,310 | $8,571,842 |
| Fixed assets | $140,250 | $143,210 | $0 | $172,200 | $749,984 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $19,999,075 | $12,806,725 | $12,256,622 | $10,416,510 | $9,321,826 |
| Total assets | $122,178,093 | $106,375,176 | $92,516,678 | $76,216,359 | $63,568,817 |
| Liabilities | 2025 | 2024 | 2023 | 2021 | 2020 |
| Payables and accrued expenses | $0 | $2,539 | $7,624 | $6,518 | $822,747 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $0 | $2,539 | $7,624 | $6,518 | $822,747 |
| Debt | $8,760,042 | $33,364,138 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $9,107,771 | $8,398,136 | $34,415,913 | $31,519,325 | $24,222,890 |
| Total long-term liabilities | $17,867,813 | $41,762,274 | $34,415,913 | $31,519,325 | $24,222,890 |
| Total liabilities | $17,867,813 | $41,764,813 | $34,423,537 | $31,525,843 | $25,045,637 |
| Net assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Without donor restrictions | $54,837,032 | $21,104,758 | $19,870,684 | $12,889,670 | $12,607,479 |
| With donor restrictions | $49,473,248 | $43,505,605 | $38,222,457 | $31,800,846 | $25,915,701 |
| Net assets | $104,310,280 | $64,610,363 | $58,093,141 | $44,690,516 | $38,523,180 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2021 | 2020 |
| Total contributions | $46,436,745 | $10,786,237 | $11,183,788 | $6,995,062 | $8,234,323 |
| Program service revenue | $674,442 | $396,045 | $532,070 | $536,577 | $449,630 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $2,467,312 | $1,544,238 | $1,710,334 | $469,097 | $794,209 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $3,141,754 | $1,940,283 | $2,242,404 | $1,005,674 | $1,243,839 |
| Total revenue | $49,578,499 | $12,726,520 | $13,426,192 | $8,000,736 | $9,478,162 |
| Expenses | 2025 | 2024 | 2023 | 2021 | 2020 |
| Program services | $15,206,592 | $9,901,585 | $8,243,943 | $10,231,543 | $6,409,855 |
| Management and general | $877,220 | $640,797 | $589,412 | $622,647 | $560,064 |
| Fundraising | $381,193 | $481,825 | $357,237 | $353,102 | $309,405 |
| Total expenses | $16,465,005 | $11,024,207 | $9,190,592 | $11,207,292 | $7,279,324 |
| Change in net assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Surplus (deficit) | $33,113,494 | $1,702,313 | $4,235,600 | ($3,206,556) | $2,198,838 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $33,113,494 | $1,702,313 | $4,235,600 | ($3,206,556) | $2,198,838 |
Compensation
| Name | Title | Compensation |
| Mark Yarbrough | Director | $412,262 |
| Robert Riggs | Director | $234,015 |
| David Tarrant | Secretary | $220,501 |
| Kim Till | Director | $219,803 |
| Scott Talbot | Executive Director | $172,681 |
| Sonia Flores | Director | $134,606 |
| Kathryn Robertson | Treasurer ending Sept 2025 | $117,720 |
| Audrey Lieb | Director Treasurer Sept 2025 | $74,970 |
Compensation data as of: 6/30/2025
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/1/2026. To update the information below, please email: [email protected]