2015-05-12T12:08:36-05:00 2014-06-30 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2013-07-01 231484178 LANCASTER BIBLE COLLEGE LANC 7175697071 901 EDEN ROAD LANCASTER PA 17601 MATTHEW MASON VP FINANCE 7175697071 2015-05-12 1 STACY CULLEN P00974308 2159798800 2015-05-12 2013 2016-02-25 16:41:14Z MATTHEW MASON 901 EDEN ROAD LANCASTER PA 17601 35284542 0 X WWW.LBC.EDU X 1933 PA LANCASTER BIBLE COLLEGE AND GRADUATE SCHOOL EXISTS TO EDUCATE CHRISTIAN STUDENTS TO THINK AND LIVE A BIBLICAL WORLDVIEW AND TO PROCLAIM CHRIST BY SERVING HIM IN THE CHURCH AND SOCIETY. 19 18 794 18 0 0 5667622 3189303 20784392 22806431 454274 1553608 329757 1188856 27236045 28738198 3523751 3967314 0 0 11729100 13662101 0 0 507773 9425014 10489614 24677865 28119029 2558180 619169 65047263 64799262 19695575 18485282 45351688 46313980 AT LANCASTER BIBLE COLLEGE, OUR FOCUS IS ON THE JOURNEY TO FULFILL GOD'S PURPOSE IN STUDENTS' LIVES. OUR MISSION HAS REMAINED CONSTANT FOR OVER 80 YEARS: (CONTINUED ON SCHEDULE O). 0 0 26186183 3967314 22806431 LANCASTER BIBLE COLLEGE EDUCATES APPROXIMATELY 2000 CHRISTIAN POSTSECONDARY STUDENTS TO LIVE ACCORDING TO A BIBLICAL WORLD VIEW AND TRAINS THEM TO PROCLAIM CHRIST BY SERVING HIM IN THE CHURCH AND SOCIETY.STUDENTS COME FROM 32 STATES AND 14 FOREIGN COUNTRIES. LBC STUDENTS VOLUNTEER OVER 45,000 HOURS OF SERVICE WITH 220 MINISTRIES. 26186183 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 0 0 1 2382 0 1 794 1 0 0 0 0 0 1 1 0 0 0 0 X 19 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 PA X LONNIE MARTIN 7175697071 LANCASTER BIBLE COLLEGE LANCASTER PA 17601 DR PETER W TEAGUE PRESIDENT 50.00 X X 99580 0 45214 MR PHILIP A CLEMENS BOARD CHAIRMAN 1.00 X X 0 0 0 MR CHARLES H KREIDER BOARD VICE-CHAIRMAN 1.00 X X 0 0 0 REV J PAUL MUTCHLER SECRETARY 1.00 X X 0 0 0 MR LARRY W ROHRER TREASURER 1.00 X X 0 0 0 MR JAMES J FETTEROLF TRUSTEE 0.50 X 0 0 0 MR QUINTIN F FREY TRUSTEE 0.50 X 0 0 0 DR L RONALD HOOVER TRUSTEE 0.50 X 0 0 0 MR ROBERT L HORST TRUSTEE 0.50 X 0 0 0 MR DAVID E HOSLER TRUSTEE 0.50 X 0 0 0 MS TRACY C JONES TRUSTEE 0.50 X 0 0 0 MR ROBERT KEPIRO TRUSTEE 0.50 X 0 0 0 MR NOAH W KREIDER TRUSTEE 0.50 X 0 0 0 MR STUART J LEVEY TRUSTEE 0.50 X 0 0 0 MR LARRY L MARTIN TRUSTEE 0.50 X 0 0 0 MRS SALLY L MARTIN TRUSTEE 0.50 X 0 0 0 MR JAMES W ROBERTSON TRUSTEE 0.50 X 0 0 0 MR PAUL J SEBASTIAN TRUSTEE 0.50 X 0 0 0 MRS RUTH A SHERTZER TRUSTEE 0.50 X 0 0 0 MR MATTHEW C MASON VP FINANCE 45.00 X 73035 0 11139 172615 0 56353 0 0 0 0 ALADDIN FOOD MANAGEMENT SERVICES LLC 21 ARMORY DR WHEELING WV 26003 CAMPUS DINING SERVICES 1007460 HORST CONSTRUCTION PO BOX 3310 LANCASTER PA 17604 CONSTRUCTION DESIGN AND BUILD 327357 TRANSGLOBAL TRAVEL 2496 BASKETTE WAY CHATTANOOGA TN 37421 TRAVEL 147939 MTS TRAVEL 116 LAKE STREET EPHRATA PA 17522 TRAVEL 132750 LOGOS BIBLE SOFTWARE 1313 COMMERCIAL ST BELLINGHAM WA 98225 SOFTWARE DEVELOPMENT AND DISTRIBUTION 120512 8 64413 251739 2873151 30705 3189303 TUITION & FEES 900099 19374758 19374758 AUXILIARY ENTERPRISES 900099 3305101 3305101 STUDENT TRIP INCOME 900099 126572 126572 22806431 422413 422413 141668 0 141668 141668 141668 7648667 6517472 1131195 1131195 1131195 28635 64413 28872 -237 -237 MISCELLANEOUS 900099 969526 969526 TICKET SALES 900099 41762 41762 BAD DEBT INCOME 900099 36137 36137 1047425 28738198 23995524 0 1553371 192626 192626 3774688 3774688 198826 180843 12189 5794 10473075 9525835 642027 305213 331543 301556 20325 9662 1906673 1734223 116884 55566 751984 683971 46098 21915 2871 1361 1510 33888 33888 63037 6406 56631 285179 241163 33406 10610 320735 315200 5535 1346649 1244253 50878 51518 253419 168618 79296 5505 1097257 768214 328843 200 1097365 1079942 1086 16337 64229 59258 1750 3221 502580 502580 1683421 1683421 106517 104927 1590 OUTSOURCED STUDENT CRED 1487903 1487903 CAFETERIA FOOD 863371 863371 MISCELLANEOUS EXPENSES 367401 359190 262 7949 ACADEMIC AFFAIRS 252203 247619 4584 661589 659015 2574 28119029 26186183 1425073 507773 2537288 918522 2523008 5720515 1346365 1200196 719495 638343 90580 58267 228219 244711 375693 439654 56686117 16581265 40303297 40104852 16830143 15474202 93175 0 65047263 64799262 409959 701280 844903 856323 13954760 13709760 800000 0 3685953 3217919 19695575 18485282 X 37270833 39946925 2987982 1231298 5092873 5135757 45351688 46313980 65047263 64799262 X 619169 129583 213540 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10606962 40288 782529 11429779 10159512 102507 344943 10606962 10552126 156819 -549433 10159512 9398196 134118 1019812 10552126 5302242 3835026 260928 9398196 0.55070 0.44930 0 0 4753188 4753188 40520756 8670209 31850547 11412173 7911056 3501117 40104852 UNITRUST AND ANNUITY OBLIGATIONS 2993709 FUNDS HELD FOR OTHERS 60415 US GOVERNMENT ADVANCES 163795 3217919 X 25121965 129583 28872 158455 24963510 3774688 3774688 28738198 24373213 28872 28872 24344341 3774688 3774688 28119029 PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2011-2013) OR EXPECTED TO BE TAKEN IN THE COLLEGE'S 2014 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING SPECIAL EVENT EXPENSE 28,872. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFIED AS EXPENSES 3,774,688. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING SPECIAL EVENT EXPENSE 28,872. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFIED AS EXPENSES 3,774,688. 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 SCHOOL MAKES KNOWN ITS NONDISCRIMINATION POLICY IN ALL PRINT AND BROADCAST MEDIA. SCHEDULE E, PART I, LINE 6 SCHOLARSHIPS AND GRANTS ARE MADE ON A NONDISCRIMINATORY BASIS OF ACADEMIC ACHIEVEMENT AND FINANCIAL NEED. LANCASTER BIBLE COLLEGE RECEIVES THE PENNSYLVANIA INSTITUTIONAL ASSISTANCE GRANT. BUSINESS PARTNER'S GOLF TOURNAMENT 59333 59333 4250 10160 839 CHURCH CHALLENGE GOLF TOURNAMENT 33715 5080 28635 722 11656 435 93048 64413 28635 4972 21816 1274 28062 573 1 AMBASSADOR FOUNDATION PO BOX 1201 LANCASTER PA 176081201 020714460 501(C)(3) 98670 TO ASSIST ITS SUPPORTING ORGANIZATION WITH ITS OPERATIONAL EXPENSES ASSOCIATION FOR BIBLICAL HIGHER EDUCATION 5850 TG LEE BOULEVARD STE 130 ORLANDO FL 32822 351055662 501(C)(3) 5000 ANNUAL COMMITMENT TO HELP THE ACCREDITING ASSOCIATION COMPASSION INTERNATIONAL 12290 VOYAGER PARKWAY COLORADO SPRINGS CO 809213668 362423707 501(C)(3) 50996 SUPPORT FOR NEEDY CHILDREN CENTER FOR URBAN THEOLOGICAL STUDIES 1300 W HUNTING PARK AVE PHILADELPHIA PA 19140 232077194 501(C)(3) 26309 COST TECHNOLOGY ITEMS FOR CLASSROOM INSTRUCTION & ADMINISTRATION EQUIPMENT PROVIDING TECHNOLOGY ITEMS FOR CLASSROOM INSTRUCTION 4 0 STUDENT SCHOLARSHIPS TO LANCASTER BIBLE COLLEGE STUDENTS. 903 3774688 PART I, LINE 2: ALL FINANCIAL AID THAT IS AWARDED IS CREDITED TO THE TUITION BILLING FOR THE STUDENT. ALL AID IS USED TO REDUCE THE TUITION PAYABLE. A GENERAL MUNICIPAL AUTHORITY OF THE TOWNSHIP OF MANHEIM 232583622 2010-12-21 17500000 TO SUPPORT CAPITAL CONSTRUCTION PROJECTS 0 0 0 A 13920760 479937 119003 13801757 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 MURRAY SECURUS COMPANY IN WHICH TRUSTEE DAVID E. HOSLER IS THE CHIEF OPERATING OFFICER 168546 INSURANCE SERVICES 0 ROBERT TEAGUE SON OF PRESIDENT - PETER TEAGUE 94115 SALARY AND BENEFITS PAID BY LANCASTER BIBLE COLLEGE FOR HIS WORK AS DIRECTOR OF AMBASSADOR FOUNDATION - A RELATED ORGANIZATION 0 MATTHEW MASON SON-IN-LAW OF SECRETARY - PAUL MUTCHLER 91842 SALARY AND BENEFITS PAID FOR FULL TIME WORK AS VP FINANCE 0 LONNIE MARTIN BROTHER OF TRUSTEE LARRY MARTIN 71657 SALARY AND BENEFITS PAID FOR FULL TIME WORK AS CONTROLLER 0 X 7066 FAIR MARKET VALUE X 3 19145 FAIR MARKET VALUE X 6 866 FAIR MARKET VALUE X CLASSROOM SUP 2 1872 FAIR MARKET VALUE X PHYSICAL PLAN 5 1040 FAIR MARKET VALUE X GIFT CARDS 12 515 FAIR MARKET VALUE X OFFICE SUPPLI 1 180 FAIR MARKET VALUE X TICKETS/PASSE 1 20 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS CORPORATION MEMBERS. THERE IS NO MEMBERSHIP FEE. THE CORPORATION IS MADE UP OF ABOUT 100 FRIENDS OF THE COLLEGE. IT IS FROM THE CORPORATION, THAT THE BOARD OF TRUSTEES IS SELECTED. THE CORPORATE BODY ELECTS THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS CORPORATION MEMBERS. THERE IS NO MEMBERSHIP FEE. THE CORPORATION IS MADE UP OF ABOUT 100 FRIENDS OF THE COLLEGE. IT IS FROM THE CORPORATION, THAT THE BOARD OF TRUSTEES IS SELECTED. THE CORPORATE BODY ELECTS THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT VERSION OF THE FORM 990 IS SENT TO THE MEMBERS OF THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THEY ARE REQUESTED TO READ OVER THE RETURN AND RESPOND WITH QUESTIONS OR CONCERNS, SO CHANGES, IF NECESSARY CAN BE MADE BEFORE THE RETURN IS SUBMITTED TO THE IRS. ALL TRUSTEES RECEIVE A COPY OF THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS. BY THEIR SIGNED STATEMENT THEY DECLARE THEY HAVE NO CONFLICTS OF INTEREST. THIS IS DONE EACH NOVEMBER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT IS ESTABLISHED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND EVALUATED PERIODICALLY. COMPARATIVE DATA IS AVAILABLE TO THEM UPON REQUEST. COMPENSATION FOR OFFICERS IS DETERMINED BY THE PRESIDENT IN CONSULTATION WITH THE HR MANAGER. COMPENSATION FOR OTHER EMPLOYEES IS DETERMINED BY THE PRESIDENT AND HIS CABINET, IN CONSULTATION WITH THE HR MANAGER. FORM 990, PART VI, SECTION C, LINE 18 THE 990 IS MADE AVAILABLE TO ANYONE WHO ASKS FOR IT. INFORMATION REGARDING SPECIFIC CONTRIBUTORS IS NOT PUBLICLY DISCLOSED. FORM 990, PART VI, SECTION C, LINE 19 OTHER THAN INFORMATION REQUIRED TO BE DISCLOSED IN THE 990, THESE ARE NOT CONSIDERED DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: ACTUARIAL GAIN ON GIFT ANNUITY AND OTHER TRUST OBLIGATIONS 213,540. PART XI, LINE 2C THE PROCESS BY WHICH THE ORGANIZATION APPOINTS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. AMBASSADOR FOUNDATION PO BOX 1201 LANCASTER PA 176081201 020714460 SUPPORT THE INTEREST OF LBC AND SIMILAR NON-PROFIT ORGANIZATIONS PA 501(C)(3) 11A - I 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0