2020-07-14T15:38:52-05:00 2019-06-30 363990892 Capin Crouse LLP 55 Shuman Blvd Suite 300 Naperville IL 60563 990 2018-07-01 430743910 Central Christian College of the Bible CENT 6602633900 911 E Urbandale Dr Moberly MO 65270 Lara Lawrence VP of Business & Finance 6602633900 2020-07-14 Ted R Batson Jr P00721951 6306829797 139.146.132.42 2020-07-14 16:38:44 ED P E837F78391D18BEAC9FAB0186C1456B47F5133A5 329E4D8339F8437616ACAD674077D4B1B18A8495 2018 2020-09-23 17:36:50Z David Fincher 911 E Urbandale Dr Moberly MO 65270 6567940 0 X www.cccb.edu X 1957 MO Post-secondary education developing servant-leaders for the church. 14 14 197 266 0 12414 1402361 1913321 3871333 3521292 77999 -90760 69414 358175 5421107 5702028 1373779 1267472 0 0 2099619 2263988 0 0 399037 1964031 2206883 5437429 5738343 -16322 -36315 10008178 10122942 6624136 6691004 3384042 3431938 X Central Christian College of the Bible (Central) exists to develop servant-leaders for the church. As a traditional undergraduate Bible college of the restoration movement, Central equips faithful men and women for leadership ministry. 0 0 2279049 1267472 2345322 Academic: 4-year accredited degree granting college including bachelor and associate degrees as well as certificate programs. Central provides instruction both in the classroom and online that equip students with a Bible-centered higher education within the context of a Christian worldview and helps students become productive, contributing members of their communities. For the fiscal year 2018-19, Central provided educational and library services for approximately 248 students. 759006 0 Student Service: Providing services, events, groups and policies that foster a positive and safe campus experience. Some of these services, events and groups include computer & printing, Wi-Fi, weights and health equipment, counseling, mailroom, church relations, intramurals, leadership opportunities, student discipleship program, service programs, chapel, student council and mission trips. 913871 1267457 Auxiliary Services: Providing dormitory style housing, 17 meals a week board plan, coffee house, and a contemporary bookstore featuring textbooks and apparel for students. 130146 17593 Athletics: Providing varsity sports programs, NCCAA Division 2 athletics, including Men's & Women's Basketball. 130146 17593 4082072 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 1 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 347 0 1 197 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MO X Lara Lawrence 6602633900 911 E Urbandale Dr Moberly MO 65270 Arthur Rawlings Chairman 3.00 X X 0 0 0 L Eugene McCoy Chairman (part year), Director 3.00 X X 0 0 0 Thomas M Nobis Vice Chairman 2.00 X X 0 0 0 Corey Mehaffy Treasurer 2.00 X X 0 0 0 Ronald A Self Secretary 2.00 X X 0 0 0 Russ Cobb Director 1.00 X 0 0 0 Elmer Fuller Director 1.00 X 0 0 0 Alissa Kigar Director 1.00 X 0 0 0 David C Reynolds Director 1.00 X 0 0 0 Sue Gelven Director 1.00 X 0 0 0 Tim Meyers Director 1.00 X 0 0 0 David Huskey Director 1.00 X 0 0 0 Lance Vestal Director 1.00 X 0 0 0 Sid Tiller Director 1.00 X 0 0 0 David Fincher President 65.00 X 48004 0 47657 Lara Lawrence VP of Business & Finance 65.00 X 59159 0 13214 107163 0 60871 0 0 0 0 Pioneer College Caterers 303 Glenrose Ave Nashville TN 37210 Food Service 274264 COMO Premium Exteriors 2504 I-70 Drive SE Columbia MO 65201 Replacement of Roofs 140099 2 12428 1900893 94003 1913321 Tuition and fees 611710 2345322 2345322 Auxiliary enterprises 611710 982670 982670 Bookstore 451211 175707 175707 Athletics 611710 17593 17593 3521292 79977 79977 86612 91260 -4648 -4648 -4648 603915 643251 131401 -39336 -131401 -170737 -170737 Insurance proceeds 900099 178681 178681 Loan forgiveness 900099 75062 75062 109080 109080 362823 5702028 3630372 0 158335 1267472 1267472 171415 171415 1695213 1239857 278869 176487 106738 42180 51214 13344 196051 90316 77161 28574 94571 37056 46726 10789 39000 39000 16119 16119 274081 103921 65288 104872 63204 7936 53311 1957 184464 39744 115571 29149 5506 1186 3450 870 362316 245433 114543 2340 67594 36469 10937 20188 240782 163105 76121 1556 323955 211216 107095 5644 17843 10599 7244 Food & Catering 289974 289974 Bookstore COGS 179914 179914 Memberships & Subscrip. 51179 45197 2765 3217 90952 70497 20405 50 5738343 4082072 1257234 399037 X 523909 462880 0 396090 85271 118096 68780 0 153564 132357 38088 20936 11784708 5692477 6281303 6092231 1813181 1857055 68082 67297 976000 976000 10008178 10122942 256453 332645 30125 96270 3241434 3784767 1491167 847432 1604957 1629890 6624136 6691004 X 1149464 672828 2234578 2759110 3384042 3431938 10008178 10122942 -36315 84211 0 X X 0 1 X 1 1 1 X 1106865 1698817 1236063 1402361 1913321 7357427 1106865 1698817 1236063 1402361 1913321 7357427 912631 6444796 76200 47902 51111 96156 166589 437958 118507 71280 71200 362823 623810 8419195 20208458 0.76550 0.76370 X Schedule A, Part II, Line 10, Explanation of Other Income: Misc income - 2014 Amount: $ 118,507. 2016 Amount: $ 71,280. 2017 Amount: $ 71,200. 2018 Amount: $ 109,080. Insurance proceeds - 2018 Amount: $ 178,681. Loan forgiveness - 2018 Amount: $ 75,062. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1388811 32625 73119 75410 1419145 1139074 170491 115523 36277 1388811 1064484 19141 93144 37695 1139074 1110106 17066 -14564 48124 1064484 1077456 37150 77100 81600 1110106 1.00000 0 0 41017 41017 9537791 3898439 5639352 1627002 1507279 119723 578898 286759 292139 6092231 Life estate 976000 976000 Annuities Payable 280044 Post-Retirement Benefit Payable 1114306 Land use obligation 235540 1629890 4593908 84211 91260 175471 4418437 16119 1267472 1283591 5702028 4546012 91260 91260 4454752 16119 1267472 1283591 5738343 Part V, Line 4: The endowment funds are permanently restricted with earnings to be used for scholarships. Part V, Lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions Part XI, Line 2d - Other Adjustments: Rental expenses 91,260. Part XI, Line 4b - Other Adjustments: Tuition discounts 1,267,472. Part XII, Line 2d - Other Adjustments: Rental expenses 91,260. Part XII, Line 4b - Other Adjustments: Tuition discounts 1,267,472. 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 organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). Schedule E, Part I, Line 6 As a college, the organization receives and distributes federal funds for grants and loans via the following U.S. Department of Education programs: PELL Grant, Supplemental Educational Opportunity Grant, College Work-Study, and Direct Loans. Central America and the Caribbean 0 0 Program Services Mission trips 7760 South America 0 0 Program Services Mission trips 7052 Europe (Including Iceland & Greenland) 0 0 Program Services Mission trips 15358 East Asia and the Pacific 0 0 Program Services Mission Trips 14354 Sub-Saharan Africa 0 0 Program Services Mission Trips 11585 0 0 0 0 0 0 56109 0 56109 0 0 0 0 0 0 Part I, line 3: Expenditures are accounted for using the accrual method of accounting. X X X X 1 Dickerson Bakker & Associates LLC PO Box 98685 Raleigh NC 27624 Feasibilty study and consulting 0 0 46500 -46500 46500 -46500 MO Schedule G, Part I, Line 2b, column (iv): The professional fundraising services were consulting in nature, no gross receipts were directly generated from the services provided. 1 Scholarships 248 1267472 Part I, Line 2: Scholarships are available to all students meeting the written criteria for the award of the scholarship. All scholarships and discounts are awarded by the financial aid department based on the established policies. Scholarships are directly applied to the student account. Sharon Fincher Family member of President To fund operations X 25000 31270 0 1 1 Charles Fincher Family member of President To fund operations X 65000 65000 0 1 1 96270 X 50240 Cost X 2 3827 Selling price X 3 28881 Selling price X 1 11055 Selling price 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the VP of Business & Finance. A copy of the Form 990 is then presented to the Board via mail or e-mail before it is filed with the IRS. Form 990, Part VI, Section B, line 12c Annual conflict of interest disclosures are required from each director and officer which are given to the Board Chairman who reviews them and presents the information to the Board who discusses and monitors any actual conflicts. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The Board sets the President's compensation, and the President sets the compensation for the cabinet level. Comparability data is used and the process is documented. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are made available upon request. Form 990, Part X, Lines 27-29: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $ 672,828 Line 29 - Net assets with donor restrictions $2,759,110 Total net assets $3,431,938 Form 990, Part XII, Line 2c The organization's Board assumes responsibility for oversight of its financial statements and selection of an independent accountant. This process has not changed since the prior year.