INDIANA BAPTIST COLLEGE INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
INDIANA BAPTIST COLLEGE INC (EIN 35-1358600)
Tax period
2021-07-01 to 2022-06-30
Filed
2022-11-16
IRS object ID
202213209349300131
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-16T10:33:25-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN814314750PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GATLIN PLYMOUTH LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11435 N MICHIGAN ST STE 5AddressLine1Txt
CityPLYMOUTHCityNm
State AbbreviationINStateAbbreviationCd
ZIP46563ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN351358600EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INDIANA BAPTIST COLLEGE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINDIBusinessNameControlTxt
Phone3178822345PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 W COUNTY LINE ROADAddressLine1Txt
CityGREENWOODCityNm
State AbbreviationINStateAbbreviationCd
ZIP46142ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMR WAYNE DENTONPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3178822345PhoneNum
Signature2022-11-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstWAYNEPersonFirstNm
Person LastDENTONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSARAH M WALKER EAPreparerPersonNm
PTINP01204621PTIN
Phone5749365211PhoneNum
Preparation2022-11-01PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR EDDIE EGBERTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18719 BUFFALO RIDGE DRAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46227ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$592,613GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.INDIANABAPTISTCOLLEGE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1975FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionCOLLEGE-LEVEL EDUCATION WITH A PREDOMINANT EMPHASIS ON RELIGION AND RELATED FIELDS OF SERVICE.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee19TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$79,086PYContributionsGrantsAmt
CY Contributions Grants$113,964CYContributionsGrantsAmt
PY Program Service Revenue$398,459PYProgramServiceRevenueAmt
CY Program Service Revenue$478,649CYProgramServiceRevenueAmt
PY Investment Income-$7,000PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$470,545PYTotalRevenueAmt
CY Total Revenue$592,613CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$120,030PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$158,300CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$336,542PYOtherExpensesAmt
CY Other Expenses$444,922CYOtherExpensesAmt
PY Total Expenses$456,572PYTotalExpensesAmt
CY Total Expenses$603,222CYTotalExpensesAmt
PY Revenues Less Expenses$13,973PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$10,609CYRevenuesLessExpensesAmt
Total Assets BOY$3,489,957TotalAssetsBOYAmt
Total Assets EOY$3,476,263TotalAssetsEOYAmt
Total Liabilities BOY$36,890TotalLiabilitiesBOYAmt
Total Liabilities EOY$33,805TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,453,067NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,442,458NetAssetsOrFundBalancesEOYAmt
MissionCOLLEGE-LEVEL EDUCATION WITH A PREDOMINANT EMPHASIS ON RELIGION AND RELATED FIELDS OF SERVICE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$522,343ExpenseAmt
Revenue$592,612RevenueAmt
DescCOLLEGE-LEVEL EDUCATION FOR STUDENTS WITH A PREDOMINANT EMPHASIS ON RELIGION AND RELATED FIELDS OF SERVICEDesc
Total Program Service Expenses$522,343TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee19EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDR VIRGIL WORRELLPersonNm
Phone3178822345PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11301 W COUNTY LINE ROADAddressLine1Txt
CityGREENWOODCityNm
State AbbreviationINStateAbbreviationCd
ZIP46142ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DR PAUL LODER
TRUSTEE38.50Yes (X)$20,000$0$0
MR WAYNE DENTON
TREASURER40.00Yes (X)$9,600$0$0
DR EDDIE EGBERT
CHAIRMAN1.50Yes (X)$0$0$0Yes (X)
DR MARC MONTE
TRUSTEE1.50Yes (X)$0$0$0
PASTOR GUY SOLAREK
SECRETARYYes (X)$0$0$0Yes (X)
REV LEE TAYLOR
TRUSTEEYes (X)$0$0$0Yes (X)
PASTOR DARYL YORK
TRUSTEEYes (X)$0$0$0
DR DAVID ZEMPEL
TRUSTEE1.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$29,600TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$113,964AllOtherContributionsAmt
Total Contributions$113,964TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION611600$296,178$296,178
ROOM & BOARD721310$169,685$169,685
RENTALS532420$12,692$12,692
SCRAP METAL SOLD$94$94
FieldValueIRS element (for citing)
Total Program Service Revenue$478,649TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$592,613TotalRevenueColumnAmt
Related Or Exempt Func Income$478,649RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$137,961TotalAmt
Program Services$124,165ProgramServicesAmt
Management And General$13,796ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$20,339TotalAmt
Program Services$18,305ProgramServicesAmt
Management And General$2,034ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,286TotalAmt
Management And General$5,286ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$212,467TotalAmt
Program Services$212,467ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,514TotalAmt
Program Services$6,763ProgramServicesAmt
Management And General$751ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$14,203TotalAmt
Management And General$14,203ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$178,493TotalAmt
Program Services$160,643ProgramServicesAmt
Management And General$17,850ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,355TotalAmt
Management And General$2,355ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$24,604TotalAmt
Management And General$24,604ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$603,222TotalAmt
Program Services$522,343ProgramServicesAmt
Management And General$80,879ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$95,050BOYAmt
EOY$73,596EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$56,430BOYAmt
EOY$64,190EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,338,477LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,338,477BOYAmt
EOY$3,338,477EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,489,957BOYAmt
EOY$3,476,263EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$36,890BOYAmt
EOY$33,805EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$36,890BOYAmt
EOY$33,805EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,453,067BOYAmt
EOY$3,442,458EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,453,067BOYAmt
EOY$3,442,458EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,489,957BOYAmt
EOY$3,476,263EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$10,609ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$236,000OtherCostOrOtherBasisAmt
Book Value$236,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,003,849OtherCostOrOtherBasisAmt
Book Value$3,003,849BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$98,628OtherCostOrOtherBasisAmt
Book Value$98,628BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,338,477TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescHORIZON BANK LOANDesc
Amt$33,805Amt
FieldValueIRS element (for citing)
Total Liability$33,805TotalLiabilityAmt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BCOPY PROVIDED TO ALL BOARD MEMBERS FOR APPROVAL BEFORE FILING
FORM 990, PAGE 6, PART VI, LINE 12CREQUEST CONFIRMATION FROM ALL BOARD MEMBERS AND EMPLOYEES OF ANY CONFLICT OF INTEREST
FORM 990, PAGE 6, PART VI, LINE 19PROVIDED UPON REQUEST
FORM 990, PART IX, LINE 11GFOOD (KITCHEN) 53,791 0 0 SPEAKERS 5,125 0 0 CREDIT CARD FEES 5,224 0 0 STUDENT RECREATION ETC 3,844 0 0 WIDOW'S GIFT 1,234 0 0 AWARDS AND GRANTS 120,562 0 0 BAD DEBT EXPENSE 1,382 0 0 COST OF BOOKS 21,305 0 0 TOTAL 212,467 0 0

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