FAITH BAPTIST BIBLE COLLEGE: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: FAITH BAPTIST BIBLE COLLEGE (EIN 47-0394397)
Tax period: 2017-07-01 to 2018-06-30
Filed: 2018-11-06
IRS object ID: 201843109349301324
Schema version: 2017v2.2
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-06T09:16:52-08:00	ReturnTs
Tax Period End	2018-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Delmar R Mohler CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2455 Scenic Valley Dr	AddressLine1Txt
City	West Des Moines	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	502657707	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	470394397	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Faith Baptist Bible College	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FAIT	BusinessNameControlTxt
Phone	5159640601	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1900 NW Fourth Street	AddressLine1Txt
City	Ankeny	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	500232152	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PAUL BRAY	PersonNm
Person Title	VICE PRESIDENT FOR BUSINESS AND CFO	PersonTitleTxt
Phone	5159640601	PhoneNum
Signature	2018-11-06	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DELMAR R MOHLER CPA	PreparerPersonNm
PTIN	P00440403	PTIN
Phone	5152827250	PhoneNum
Preparation	2018-11-06	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	50.241.236.9	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-11-06	IPDt
IP Tm	09:16:37	IPTm
IP Timezone	PS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	419EB8BC45E2C69D247502A5F6C5ABFD714A8A62	AtSubmissionCreationDeviceId
At Submission Filing Device Id	419EB8BC45E2C69D247502A5F6C5ABFD714A8A62	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JIM TILLOTSON	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1900 NW Fourth Street	AddressLine1Txt
City	Ankeny	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	500232152	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$10,034,176	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.faith.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1921	FormationYr
Legal Domicile State	IA	LegalDomicileStateCd
Activity Or Mission	POST SECONDARY AND GRADUATE EDUCATIONAL INSTITUTION THE MISSION OF FAITH BAPTIST BIBLE COLLEGE AND THEOLOGICAL SEMINARY IS TO PROVIDE AN INTENSIVE BIBLICAL, VOCATIONAL, AND GENERAL EDUCATION ON THE COLLEGE AND	ActivityOrMissionDesc
Voting Members Governing Body	18	VotingMembersGoverningBodyCnt
Voting Members Independent	18	VotingMembersIndependentCnt
Total Employee	284	TotalEmployeeCnt
Total Volunteers	75	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$3,769,063	PYContributionsGrantsAmt
CY Contributions Grants	$1,148,235	CYContributionsGrantsAmt
PY Program Service Revenue	$4,471,185	PYProgramServiceRevenueAmt
CY Program Service Revenue	$4,504,202	CYProgramServiceRevenueAmt
PY Investment Income	$366,316	PYInvestmentIncomeAmt
CY Investment Income	$554,520	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$8,606,564	PYTotalRevenueAmt
CY Total Revenue	$6,206,957	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$3,661,123	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$3,805,520	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$3,100	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$126,715	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,837,620	PYOtherExpensesAmt
CY Other Expenses	$3,075,394	CYOtherExpensesAmt
PY Total Expenses	$6,498,743	PYTotalExpensesAmt
CY Total Expenses	$6,884,014	CYTotalExpensesAmt
PY Revenues Less Expenses	$2,107,821	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$677,057	CYRevenuesLessExpensesAmt
Total Assets BOY	$20,239,320	TotalAssetsBOYAmt
Total Assets EOY	$19,561,580	TotalAssetsEOYAmt
Total Liabilities BOY	$1,252,054	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,284,186	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$18,987,266	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$18,277,394	NetAssetsOrFundBalancesEOYAmt
Mission	Post secondary and graduate educational institution	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$2,950,344	ExpenseAmt
Revenue	$1,974,542	RevenueAmt
Desc	POST SECONDARY EDUCATIONAL INSTITUTION - COLLEGE STUDENTS (FALL 2017-261); (SPRING 2018 -250) THE MISSION OF FAITH BAPTIST BIBLE COLLEGE IS TO PROVIDE AN INTENSIVE BIBLICAL, VOCATIONAL, AND GENERAL EDUCATION ON THE COLLEGE LEVEL WITH THE GOAL OF PREPARING STUDENTS TO MINISTER EFFECTIVELY IN CHRISTIAN SERVICE THROUGH LEADERSHIP POSITIONS IN AND THROUGH FUNDAMENTAL BAPTIST CHURCHES AND OTHER ORGANIZATIONS OF LIKE CONVICTIONS. FAITH BAPTIST THEOLOGICAL SEMINARY EXISTS TO PROVIDE AN ADVANCED BIBLICAL, THEOLOGICAL, AND MINISTERIAL EDUCATION AT THE GRADUATE LEVEL WITH THE GOAL OF PREPARING BIBLE EXPOSITORS TO SERVE EFFECTIVELY IN CHRISTIAN MINISTRY THROUGH LEADERSHIP POSITIONS WITHIN BAPTIST FUNDAMENTALISM.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$259,144	ExpenseAmt
Revenue	$199,237	RevenueAmt
Desc	GRADUATE EDUCATION INSTITUTION - SEMINARY STUDENTS (FALL 2017 - 29); (SPRING 2018 - 28) THE MISSION OF FAITH BAPTIST THEOLOGICAL SEMINARY IS TO PROVIDE AN ADVANCED BIBLICAL, THEOLOGICAL, AND MINISTERIAL EDUCATION AT THE GRADUATE LEVEL WITH THE GOAL OF PREPARING BIBLE EXPOSITORS TO SERVE EFFECTIVELY IN CHRISTIAN MINISTRY THROUGH LEADERSHIP POSITIONS WITHIN BAPTIST FUNDAMENTALISM.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$2,023,988	ExpenseAmt
Revenue	$2,381,200	RevenueAmt
Desc	AUXILIARY OPERATION THE AUXILIARY OPERATIONS PROVIDE ESSENTIAL SERVICES TO SUPPORT THE COLLEGE AND SEMINARY INCLUDING RESIDENTIAL HOUSING, FOOD SERVICES, A BOOK STORE, AND ATHLETIC ACTIVITIES IN SUPPORT OF THE STUDENTS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$5,233,476	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	30	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	284	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
DAF Excess Business Holdings	false	DAFExcessBusinessHoldingsInd
Taxable Distributions	false	TaxableDistributionsInd
Distribution To Donor	false	DistributionToDonorInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	18	GoverningBodyVotingMembersCnt
Independent Voting Member	18	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	PAUL BRAY	PersonNm
Phone	5159640601	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1900 NW Fourth Street	AddressLine1Txt
City	Ankeny	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50023	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
BERNIE AUGSBURGER
Director & Vice Chairman	3.00	Yes (X)	Yes (X)	$0	$0	$0
ROGER BISHOP
Director	3.00	Yes (X)		$0	$0	$0
MICHAEL BLACKSTONE
Director	3.00	Yes (X)		$0	$0	$0
STEVEN BOHN
Director & Secretary	3.00	Yes (X)	Yes (X)	$0	$0	$0
JAMES S BRYAN
Director	3.00	Yes (X)		$0	$0	$0
DAVID BURMAN JR
Director	3.00	Yes (X)		$0	$0	$0
TIM CAPON
Director	3.00	Yes (X)		$0	$0	$0
JOHN COSAERT
Director	3.00	Yes (X)		$0	$0	$0
MAURICE L DUDNEY
Director	3.00	Yes (X)		$0	$0	$0
KENNETH R HANSEN
Director	3.00	Yes (X)		$0	$0	$0
DWIGHT D LAPINE
Director	3.00	Yes (X)		$0	$0	$0
PAUL MANN
Director	3.00	Yes (X)		$0	$0	$0
IVAN MOORE
Director	3.00	Yes (X)		$0	$0	$0
PATRICK ODLE
Director	3.00	Yes (X)		$0	$0	$0
JAMES RANDOLPH
Director & Chairman	3.00	Yes (X)	Yes (X)	$0	$0	$0
JOHN SAUSER
Director	3.00	Yes (X)		$0	$0	$0
RICK C SHRADER
Director	3.00	Yes (X)		$0	$0	$0
DAN E WALKER
Director	3.00	Yes (X)		$0	$0	$0
JAMES R TILLOTSON
President	40.00		Yes (X)	$92,767	$0	$0
DANIEL H BJOKNE
Vice President	40.00		Yes (X)	$43,423	$0	$0
MARK L DAVIS
Vice President	40.00		Yes (X)	$59,136	$0	$0
DOUGLAS E BROWN
Dean of Seminary	40.00		Yes (X)	$52,318	$0	$0
KENNETH D RATHBUN
Vice President, Academic Dean	40.00		Yes (X)	$63,343	$0	$0
PAUL BRAY
Vice President & CFO	40.00		Yes (X)	$34,702	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$345,689	TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Wells Fargo VISA
P O BOx 6426	Carol Stream	IL	601976426	Credit card payments	$489,718
Wellmark Bluecross Blueshield
O Box 10353	Des Moines	IA	50306	Group medical insurance premiums	$352,667
MidAMerican Energy Company
P O Box 657	Des Moines	IA	503060657	Utilities - Gas and electricity	$192,843
Sysco Food Services of Iowa
One Sysco Place	Ankeny	IA	500213911	Wholesale food distribution	$170,238
LMC Insurance & Risk Management
4200 University Avenue Suite 200	West Des Moines	IA	502665945	Insurance premimums	$121,487

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$1,148,235	AllOtherContributionsAmt
Noncash Contributions	$4,132	NoncashContributionsAmt
Total Contributions	$1,148,235	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt
Tuition and Fees	900099	$2,173,779
Auxiliary enterprises	611710	$2,381,200
Miscellaneous fees	900099	$75,535

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$126,312	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$4,504,202	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$243,035	TotalRevenueColumnAmt
Exclusion	$243,035	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$4,138,704	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$3,827,219	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$311,485	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$311,485	TotalRevenueColumnAmt
Exclusion	$311,485	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,206,957	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,504,202	RelatedOrExemptFuncIncomeAmt
Exclusion	$554,520	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$345,690	TotalAmt
Program Services	$174,798	ProgramServicesAmt
Management And General	$127,469	ManagementAndGeneralAmt
Fundraising	$43,423	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$2,884,029	TotalAmt
Program Services	$2,349,215	ProgramServicesAmt
Management And General	$495,978	ManagementAndGeneralAmt
Fundraising	$38,836	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$45,822	TotalAmt
Program Services	$35,810	ProgramServicesAmt
Management And General	$8,845	ManagementAndGeneralAmt
Fundraising	$1,167	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$356,992	TotalAmt
Program Services	$278,987	ProgramServicesAmt
Management And General	$68,912	ManagementAndGeneralAmt
Fundraising	$9,093	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$172,987	TotalAmt
Program Services	$135,189	ProgramServicesAmt
Management And General	$33,392	ManagementAndGeneralAmt
Fundraising	$4,406	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$45,856	TotalAmt
Program Services	$31,957	ProgramServicesAmt
Management And General	$13,899	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$23,250	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$23,250	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$3,100	TotalAmt
Fundraising	$3,100	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$129,025	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$129,025	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$206,550	TotalAmt
Program Services	$177,035	ProgramServicesAmt
Management And General	$45,861	ManagementAndGeneralAmt
Fundraising	-$16,346	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$27,249	TotalAmt
Program Services	$17,669	ProgramServicesAmt
Management And General	$9,580	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$470,856	TotalAmt
Program Services	$421,835	ProgramServicesAmt
Management And General	$28,023	ManagementAndGeneralAmt
Fundraising	$20,998	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$124,568	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$124,568	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$554,312	TotalAmt
Program Services	$470,951	ProgramServicesAmt
Management And General	$83,109	ManagementAndGeneralAmt
Fundraising	$252	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$216,637	TotalAmt
Program Services	$146,015	ProgramServicesAmt
Management And General	$48,836	ManagementAndGeneralAmt
Fundraising	$21,786	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$89,706	TotalAmt
Program Services	$38,217	ProgramServicesAmt
Management And General	$51,489	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$17,016	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$17,016	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$472,411	TotalAmt
Program Services	$387,377	ProgramServicesAmt
Management And General	$85,034	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$129,537	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$129,537	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Food purchases	$300,623	$300,623	$0	$0
Books for library and bookstore	$267,798	$267,798	$0	$0

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,884,014	TotalAmt
Program Services	$5,233,476	ProgramServicesAmt
Management And General	$1,523,823	ManagementAndGeneralAmt
Fundraising	$126,715	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$481,443	BOYAmt
EOY	$2,102,806	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$108,050	BOYAmt
EOY	$120,068	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$125,420	BOYAmt
EOY	$102,495	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$233,290	BOYAmt
EOY	$251,828	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,701	BOYAmt
EOY	$2,455	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$16,255,607	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$9,760,745	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$6,388,092	BOYAmt
EOY	$6,494,862	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$10,238,545	BOYAmt
EOY	$10,046,446	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$65,779	BOYAmt
EOY	$68,916	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$2,596,000	BOYAmt
EOY	$371,704	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$20,239,320	BOYAmt
EOY	$19,561,580	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$210,276	BOYAmt
EOY	$236,562	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,041,778	BOYAmt
EOY	$1,047,624	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,252,054	BOYAmt
EOY	$1,284,186	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$14,233,987	BOYAmt
EOY	$12,983,505	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$608,313	BOYAmt
EOY	$1,421,459	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,144,966	BOYAmt
EOY	$3,872,430	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$18,987,266	BOYAmt
EOY	$18,277,394	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$20,239,320	BOYAmt
EOY	$19,561,580	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$677,057	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$96,210	NetUnrlzdGainsLossesInvstAmt
Investment Expense	-$129,025	InvestmentExpenseAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd
Public Support Total170	$0	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY170	0	PublicSupportCY170Pct
Public Support Total509	$0	PublicSupportTotal509Amt
Public Support CY509	0	PublicSupportCY509Pct
Investment Income CY	0	InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,144,966	BeginningYearBalanceAmt
Contributions	$37,708	ContributionsAmt
Grants Or Scholarships	$310,244	GrantsOrScholarshipsAmt
End Year Balance	$3,872,430	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,129,432	BeginningYearBalanceAmt
Contributions	$15,534	ContributionsAmt
End Year Balance	$4,144,966	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,082,252	BeginningYearBalanceAmt
Contributions	$47,180	ContributionsAmt
End Year Balance	$4,129,432	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,052,895	BeginningYearBalanceAmt
Contributions	$29,357	ContributionsAmt
End Year Balance	$4,082,252	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,040,461	BeginningYearBalanceAmt
Contributions	$12,434	ContributionsAmt
End Year Balance	$4,052,895	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$352,302	OtherCostOrOtherBasisAmt
Book Value	$352,302	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,420,002	OtherCostOrOtherBasisAmt
Depreciation	$5,371,487	DepreciationAmt
Book Value	$5,048,515	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,864,663	OtherCostOrOtherBasisAmt
Depreciation	$1,519,065	DepreciationAmt
Book Value	$345,598	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,453,870	OtherCostOrOtherBasisAmt
Depreciation	$2,870,193	DepreciationAmt
Book Value	$583,677	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$164,770	OtherCostOrOtherBasisAmt
Book Value	$164,770	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$6,494,862	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	Beneficial interest in trusts held by others	Desc
Book Value	$371,704	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$371,704	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)

DescDesc	AmtAmt
Deferred giving payable
Deposits held for others	$32,457
Accrued expenses	$155,490
Charitable gift annuities payable	$178,315
Trust obligations	$145,702
Scholarships payable	$247,184
Deposits payable	$288,476

Field	Value	IRS element (for citing)
Total Liability	$1,047,624	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$6,174,142	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$96,210	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$96,210	RevenueNotReportedAmt
Revenue Subtotal	$6,077,932	RevenueSubtotalAmt
Investment Expenses Not Incld	$129,025	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$129,025	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$6,206,957	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$6,884,014	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$6,884,014	ExpensesSubtotalAmt
Total Expenses Per Form990	$6,884,014	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt V, Line 4	Endowment Funds are primarily held to fund student scholarships for undergraduate students as set forth in individual endowment fund agreements made with donors as the Endowment Funds were created. Generally student scholarships are granted out of investment earnings.
Pt XI, Line 2d	Net assets released from restrictions.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	false	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Line 3	FormAndLineReferenceDesc
Explanation	THE INSTITUTION DOES NOT ADVERTISE IN THE NEWSPAPER NOR ARE WE INVOLVED IN THE BROADCAST MEDIA. OUR NONDISCRIMATION POLICY IS CLEARLY STATED IN OUR CATALOG. IT STATES,"FAITH BAPTIST BIBLE COLLEGE ADMITS QUALIFIED STUDENTS WHO ARE PERSONALLY COMMITTED TO FAITH IN JESUS CHRIST REGARDLESS OF SEX, RACE, COLOR, NATIONAL ORIGIN, OR PHYSICAL HANDICAP." THE INSTITUTION DOES NOT ADVERTISE IN THE NEWPAPER NOR IS IT INVOLVED IN THE BROADCAST MEDIA. ITS NONIDSCRIMINATION POLICY IS CLEARLY STATED IN ITS CATALOG. IT STATES, "FAITH BAPTIST BIBLE COLLEGE ADMITS QUALIFIED STUDENTS WHO ARE PERSONALLY COMMITTED TO FAITH IN JESUS CHRIST REGARDLESS OF SEX, RACE, COLOR, NATIONAL ORIGIN, OR PHYSICAL HANDICAP."	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt
JAMES R TILLOTSON
$92,767	$92,767
DANIEL H BJOKNE
$43,423	$43,423
MARK L DAVIS
$59,136	$59,136
DOUGLAS E BROWN
$52,318	$52,318
KENNETH D RATHBUN
$63,343	$63,343
PAUL BRAY
$34,702	$34,702

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Pt I Line 1b	FormAndLineReferenceDesc
Explanation	FAITH BAPTIST BIBLE COLLEGE DESIGNATES A HOUSING ALLOWANCE, AS PROVIDED IN 26 U.S. CODE 107 - RENTAL VALUE OF PARSONAGES, FOR QUALIFIED, ORDAINED OFFICERS AND PROFESSORS OF THE BIBLE COLLEGE AND SEMINARY.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt VI, Line 11b	The Faith Baptist Bible College and Theological Seminiary IRS Form 990 is delivered to the members of its Board of Directors for their review prior to its being filed with the IRS. However, IRS Form 990, Schedule B, listing donors of $5,000.00 or more is not included in the copy delivered to the members of the Board of Directors.
Pt VI, Line 12c	The Faith Baptist Bible College and Theological Seminary Conflict of Interest Policy provides that annually each member of its Board of Directors and Officers shall complete and sign an Annual Statement with the Secretary of the Board of Directors acknowledging that they have received, read, and understand the Conflict of Interest Policy. Further they affirm that they have complied with the policy and understood the requirements they must honor on behalf of Faith Baptist Bible College and Theological Seminary to disclose any conflicts of interest to protect and maintain the organization's tax exempt status.
Pt VI, Line 15a	The Faith Baptist Bible College Executive Committee of its Board of Directors reviews a summary of compensation levels derived from other IRS Form 990s and other public information sources for its President and Vice Presidents at least once every three years. The data is gathered from various sources including IRS Form 990s, surveys conducted by accrediting organizations, and various other public sources to establish compensation levels at similar institutions based upon organizational mission statements, size, theological similarities, scope of academic offerings, and various other identifying characteristics. The Executive Committee of the Board of Directors regularly meets with the President. Each year the President's annual compensation is established following a similar procedure taking in to account various performance metrics with the comparison to other institutions being considered at least once every three years. The most recent study was made during 2018.
Pt XII, Line 2c	The Finance Committee of the Board of Directors acts as the Audit Committee including selection of the independent external auditor, the engagement of the audit firm, and oversees the audit process.