2018-11-15T06:17:19-06:00 2017-12-31 204193611 Batts Morrison Wales & Lee PA 801 North Orange Avenue Suite 800 Orlando FL 32801 990 2017-01-01 463103295 Ligonier Academy of Biblical and Theological Studies Inc LIGO 4073334244 465 Ligonier Court Sanford FL 32771 James Moore Secretary 4073334244 2018-10-24 1 Julia W James P01772503 4077706000 2018-10-24 99.25.81.133 2018-10-24 09:52:59 ED P 935CACE8365413C0D76314017BD70661184C200E 9186699DBC0B9D024B46EF56CBABE41DC07C0D8B 2017 2019-02-21 02:37:17Z Reformation Bible College James Moore 465 Ligonier Court Sanford FL 32771 672536 0 X www.ligonier.org/reformation-bible-college X 2013 FL Educational institution providing degree programs based on Reformed Christian doctrine. 5 1 54 30 0 0 1010000 100000 726250 570926 0 0 1975 1610 1738225 672536 194092 250555 0 0 1350920 1145469 0 0 64409 1000042 936548 2545054 2332572 -806829 -1660036 54843 49945 3526400 5181538 -3471557 -5131593 X Ligonier Academy exists to provide a place for learning devoted to serving both laymen and pastors, offering both undergraduate and graduate degree programs based on Reformed Christian doctrine. 0 0 1878402 250555 572536 Ligonier Academy of Biblical and Theological Studies is a place for both laypeople and pastors to study God's Word. Through undergraduate degrees and certificates based on Reformed Christian doctrine, the Academy prepares students for real-world ministry and service in any vocation.Reformation Bible College (RBC) - Ligonier Academy's undergraduate degree programs operate under the name "Reformation Bible College." The classically based curriculum includes courses on theology, biblical studies, literature, and more. During 2017, there were forty-five full-time and thirty-six part-time students enrolled.Doctor of Ministry Program - The Doctor of Ministry (D.Min) program is a professional degree for pastors, missionaries, and others involved in full-time ministry who desire a deep knowledge of and greater competence in the practice of ministry. During 2017, Ligonier Academy's D.Min program had three part-time students. The Academy stopped accepting new D.Min students in spring 2017.Conferences - Reformation Bible College seeks to help as many people as possible to grow in their knowledge of God and His holiness. RBC firmly believes that people must have a clear understanding of the biblical doctrine of salvation. During its 2017 Fall and Winter Conferences, attendees explored the lessons of the Reformation and their relevance for Christians today. 1878402 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 17 0 1 54 1 0 0 0 0 0 0 0 0 0 0 X 5 1 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Diane Berry 4073334244 421 Ligonier Court Sanford FL 32771 Dr Robert C Sproul Sr Chairman/President (ended 12/2017) 5.00 42.00 X X 0 243451 41838 Dr Stephen Nichols Director/President RBC 40.00 5.00 X X 201924 0 30731 James M Campisi Director 1.00 2.00 X 0 0 0 Dr W Robert Godfrey Director 1.00 1.00 X 0 52868 0 Dr Steven J Lawson Director 1.00 11.00 X 0 18574 0 Christopher Larson Director 5.00 41.00 X 0 260077 32556 Diane Berry Treasurer 5.00 41.00 X 0 105462 31052 James Moore Secretary 5.00 41.00 X 0 145775 8831 Dr RC Sproul Jr Former Professor/Dir (ex-officio) 0.00 X 156352 0 251 358276 826207 145259 2 1 1 0 0 100000 100000 Tuition and fees 611600 563082 563082 Conferences 611600 7844 7844 570926 Miscellaneous 900099 1610 1610 1610 672536 572536 0 0 250555 250555 232655 221023 11632 157714 157658 56 586348 552681 33667 12776 12137 639 94242 89126 5116 61734 58937 2797 89190 89190 37826 37826 18860 11798 7062 22968 22968 23582 20689 2893 29461 25052 4409 382 344 38 Rel org service agrmt 660000 274986 325014 60000 Miscellaneous 47876 47029 847 Special events 6403 6403 2332572 1878402 389761 64409 32573 28858 21888 21087 382 0 54843 49945 113708 126751 1800 10670 3410892 5044117 3526400 5181538 X -3771557 -5531593 300000 400000 -3471557 -5131593 54843 49945 -1660036 0 X X 0 1 X 1 0 X 300000 100000 400000 100000 200000 300000 100000 100000 1.00000 0 0 0 Due to affiliate 5044117 5044117 Part V, Line 4: Earnings from the endowment fund are to be used to provide scholarships to individuals to attend the Academy. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 The Academy annually publicizes its racially nondiscriminatory policy towards students in the Orlando Sentinel, a newspaper of general circulation that serves all racial segments of the community. 1 Scholarships to attend the Academy 333 250555 Cash Part I, Line 2: The Academy provides scholarships to individuals to attend the Academy. Scholarship receipients are selected based on a written application which is reviewed by the Academy's faculty and staff. Scholarships are awarded based on a combination of student financial need, academic merit, and other factors and are applied directly to the student's account as a reduction in tuition and fees. The Academy monitors each recipient student to ensure that he/she remains an active, enrolled student and satisfies the academic and other criteria for maintaining the scholarship. X X X X X 1 0 0 0 0 0 0 0 0 Dr Robert C Sproul Sr Chairman/President (ended 12/2017) 0 235543 0 2500 0 5408 0 27512 0 14326 0 285289 0 0 Dr Stephen Nichols Director/President RBC 199148 0 2500 0 276 0 8508 0 22223 0 232655 0 0 0 Christopher Larson Director 0 257322 0 2500 0 255 0 10113 0 22443 0 292633 0 0 James Moore Secretary 0 143013 0 2500 0 262 0 5898 0 2933 0 154606 0 0 Dr RC Sproul Jr Former Professor/Dir (ex-officio) 156059 0 0 0 293 0 0 0 251 0 156603 0 0 0 Part I, Line 3 See Schedule O for a detailed description of the process used to set the compensation for the Academy's officers and directors. Part I, Line 4a In 2017, Dr. R.C. Sproul, Jr. received severance payments from the Academy. The severance package for Dr. R.C. Sproul, Jr. was approved pursuant to the same compensation-setting practices described in the Schedule O disclosure for Part VI, Section B, Line 15. Robert C Sproul Jr Family member of Dr. Robert C. Sproul, Sr., Officer/Director 156603 Payments under severance agreement 0 Form 990, Part VI, Section A, line 2 Dr. Robert C. Sproul, James Campisi, Dr. W. Robert Godfrey, Dr. Steven Lawson, Christopher Larson, James Moore, and Diane Berry have a business relationship as officers/directors/employees of a related tax-exempt organization. Form 990, Part VI, Section A, line 6 The Academy's sole member is Ligonier Ministries, Inc. Form 990, Part VI, Section A, line 7a Directors are appointed by the Academy's sole member, Ligonier Ministries, Inc. Form 990, Part VI, Section A, line 7b The Academy's sole member must approve the following decisions before they become effective: (1) amendment or repeal of the Articles of Incorporation or Bylaws; (2) merger of the Academy; (3) sale, pledge, or transfer of all or substantially all of the Academy's assets; or (4) dissolution of the Academy. In addition, the Academy's sole member is reserved the right to remove any director from the Board. Form 990, Part VI, Section B, line 11b The Academy's top management official and top financial official each review the Form 990 prior to its filing with the IRS. A copy of the final Form 990 is also provided to the voting members of the Academy's governing body prior to its filing with the IRS. Form 990, Part VI, Section B, line 12c The Academy's conflict of interest policy is distributed to each member of the Academy's governing body, its officers, and its key employees on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, and certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Academy officials to take appropriate actions as required by the policy. Form 990, Part VI, Section B, line 15 The Academy's compensation setting policy requires that an independent committee of the Board of Directors determine the compensation package of all officers and directors of the Academy. The independent committee of the Board of Directors considers, in setting such compensation, a compensation study by special legal counsel with expertise in the area of reasonable compensation for nonprofit executives, utilizing data regarding compensation paid to persons serving in similar capacities in comparable organizations as well as national compensation data such as that published by The Church Network, the Christian Management Association, and Guidestar. These compensation studies are performed periodically, with the most recent study performed during the 2017 tax year. Form 990, Part VI, Section C, line 19 The Academy makes its financial statements and its Form 990 available to the public through the Organization's website. Financial statements, Form 990, and governing documents are available by mail upon request. Form 990, Part VI: An audit of the Academy's financial statements is conducted annually by an independent certified public accounting firm, which has resulted in the issuance of an unqualified opinion. In addition, the Academy is a fully accredited member of the Evangelical Council for Financial Accountability (ECFA) and, as such, subscribes to ECFA's Seven Standards of Responsible Stewardship addressing: (1) operation in conformity with the Academy's evangelical Christian doctrinal statement, (2) oversight by a Board of Directors, the majority of which are independent, (3) submission of complete, accurate, audited financial statements, (4) proper management and financial controls over the use of the Academy's resources, (5) public availability of the Academy's current financial statements upon written request, (6) avoidance of conflicts of interest, and (7) responsible, truthful fund-raising practices. Form 990, Part XII, Line 2c: The Academy's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. Ligonier Ministries Inc 421 Ligonier Court Sanford FL 32771 251298611 Dissemination of info. and training on Reformed Christian doctrine FL 501(c)(3) Line 7 N/A 0 Ligonier Property Holdings Inc 421 Ligonier Court Sanford FL 32771 465351003 Real estate holding and management FL 501(c)(3) Line 12a, I Ligonier Ministries Inc 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1