2022-03-09T12:29:29-06:00 2021-06-30 640903390 GRANTHAMPOOLE PLLC 1062 HIGHLAND COLONY PKY STE 201 RIDGELAND MS 39157 990 2020-07-01 640592533 AFRICAN BIBLE COLLEGES INC AFRI 6019221962 PO BOX 103 CLINTON MS 39060 PAUL CHINCHEN PRESIDENT 6019221962 2022-02-18 1 PAUL CHINCHEN 999009999 KAREN WAGNER CPA P00257146 6014992400 2022-02-18 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z PAUL CHINCHEN PO BOX 103 CLINTON MS 39060 4317037 0 X AFRICANBIBLECOLLEGES.ORG X 1976 MS EDUCATE, TRAIN AND EQUIP RELIGIOUS TEACHERS AND PREACHERS 9 7 24 125 23849 0 2873104 3352552 0 0 16274 117164 340799 423135 3230177 3892851 0 0 0 0 456359 422397 0 0 156250 2303801 2698071 2760160 3120468 470017 772383 2119907 3009079 378270 302005 1741637 2707074 EDUCATE, TRAIN AND EQUIP RELIGIOUS TEACHERS AND PREACHERS 0 0 2530938 EDUCATE, TRAIN AND EQUIP RELIGIOUS TEACHERS AND PREACHERS IN YEPEKA, LIBERIA, LILONGWE, MALAWI, UGANDA, AND AFRICA SO THAT THEY MAY IN TURN TEACH AND TRAIN OTHERS. 2530938 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 17 0 24 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 X PAUL CHINCHEN 6019221962 PO BOX 103 CLINTON MS 39069 NELL CHINCHEN CO-FOUNDER 2.00 X X 41750 0 9650 PAUL CHINCHEN PRESIDENT 40.00 X X 206700 0 25000 THOMAS KAY JR CHAIRMAN 2.00 X 163025 0 0 MARK D LINSZ DIRECTOR 2.00 X 0 0 0 JAMES L MOORE CHAIRMAN EMERITUS 2.00 X X 0 0 0 COREY CONKRIGHT DIRECTOR 1.00 X 0 0 0 TODD BARRETT DIRECTOR 2.00 X 0 0 0 MARK BAIRD DIRECTOR 2.00 X 0 0 0 REV DR SHELTON SANFORD DIRECTOR 2.00 X 0 0 0 411475 0 34650 2 0 1 0 PAUL D CHINCHEN 1034 NORTHPOINTE DR JACKSON MS 39211 MISSIONARY/PROFESSOR 206700 THOMAS KAY JR 180 DUNWOODY DR ATHENS GA 30605 MISSIONARY 163025 2 3352552 3352552 31370 31370 23849 0 23849 23849 23849 509980 424186 85794 85794 85794 REIMBURSED EXPENSES 900099 324286 324286 DEBT CANCELLATION - PP 900099 75000 75000 399286 3892851 516450 23849 0 422397 353592 68805 31040 31040 16384 16384 269756 178027 51926 39803 28171 15834 12337 86125 55555 30132 438 11530 11530 10045 10045 4063 3057 1006 PROGRAM EXPENSES 1578517 1578517 PROGRAM SUPPORT 418311 322513 95798 ADMINISTRATIVE COSTS/FE 156664 92855 63809 CONTRACT LABOR 78515 365 25950 52200 8950 1903 7047 3120468 2530938 433280 156250 539375 289509 5213 12195 403171 57378 342815 345793 1232504 2359082 2500 2119907 3009079 41455 52510 261815 249495 75000 378270 302005 X 343849 983101 1397788 1723973 1741637 2707074 2119907 3009079 772383 193054 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 403171 57378 345793 345793 MARKETABLE SECURITIES 2359082 F 2359082 X 4069521 193054 193054 3876467 16384 16384 3892851 3104084 0 3104084 16384 16384 3120468 PART X, LINE 2: FOOTNOTE IN AUDIT REPORT: GAAP PROVIDES GUIDANCE ON UNCERTAINTY IN INCOME TAXES IN AN ENTITY'S FINANCIAL STATEMENTS, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS AND DISCLOSURE. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITION OR ANY RELATED PENALTIES AND INTEREST FOR THE YEAR ENDED JUNE 30, 2021 AND ACCORDINGLY, THERE IS NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THIS IS NOT CONSIDERED NECESSARY BECAUSE THE INSTITUTIONS SERVE THE CONTINENT OF AFRICA, AND CONSEQUENTLY, THE ENROLLMENT OF THE AFRICAN BIBLE COLLEGES IS ALMOST ENTIRELY BLACK. SUB-SAHARAN AFRICA 3 0 PROGRAM SERVICES RELIGIOUS EDUCATION 418311 0 0 0 0 0 0 418311 0 418311 0 0 0 0 0 0 PART I, LINE 2: RELIGIOUS EDUCATION PART III ACCOUNTING METHOD: PART I, LINE 3 ACTIVITIES PER REGION SUB - SAHARAN AFRICA EXPENDITURES: 418,311 INVESTMENTS: $0 X 1 0 X 0 0 0 0 0 0 0 0 0 PAUL CHINCHEN PRESIDENT 206700 0 0 0 0 0 0 0 25000 0 231700 0 0 0 THOMAS KAY JR CHAIRMAN 163025 0 0 0 0 0 0 0 0 0 163025 0 0 0 PART I, LINE 1A PAUL CHINCHEN RECEIVED MINISTERIAL HOUSING ALLOWANCE OF $25,000, SHOWN AS NONTAXABLE BENEFITS ON 990, PAGE 7. NELL CHINCHEN RECEIVED A HOUSING ALLOWANCE. IT IS INCLUDED IN NONTAXABLE BENEFITS ON 990, PAGE 7 AS WELL. PAUL CHINCHEN PRESIDENT OF THE ORGANIZATION 23849 RENT PAYMENTS 0 FORM 990, PART VI, SECTION A, LINE 2 RELATED PARTY INFORMATION AMONG OFFICERS: PAUL CHINCHEN IS NELL CHINCHEN'S SON AND THE CURRENT PRESIDENT OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FROM 990 COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR OFFICERS: THE BOARD OF DIRECTORS EVALUATES COMPENSATION OF ALL EMPLOYEES ON AND ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL: THE BOARD OF DIRECTORS' SUBCOMMITTEE ON FINANCE AND ADMINSTRATION WILL DETERMINE, ADMINISTER AND HAVE OVERSIGHT OF THE COMPENSATION PACKAGE OF THE ORGANIZATION'S PRESIDENT/CHIEF EXECUTIVE. THE SUBCOMMITTEE'S DUTIES WILL INCLUDE A YEARLY EVALUATION OF THE PRESIDENT'S COMPENSATION. DURING THESE ANNUAL DELIBERATIONS, THE SUBCOMMITTEE WILL CONSIDER INPUT OBTAINED FROM OTHER BOARD MEMBERS, AND FROM OTHER INFORMED SOURCES AND LEADERS ENGAGED IN HIGHER CHRISTIAN EDUCATION. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 PAUL CHINCHEN RENT PAYMENTS TO AFRICAN BIBLE COLLEGE J 23849 FAIR MARKET VALUE