FAITH BAPTIST BIBLE COLLEGE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- FAITH BAPTIST BIBLE COLLEGE (EIN 47-0394397)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-11
- IRS object ID
- 201541319349301004
- Schema version
- 2013v4.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-11T06:34:43-07:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Delmar R Mohler CPA | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2455 Scenic Valley Dr | AddressLine1 |
| City | West Des Moines | City |
| State | IA | State |
| ZIP Code | 502657707 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | 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 | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | Ankeny | City |
| State | IA | State |
| ZIP Code | 500232152 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL BJOKNE | PersonNm |
| Person Title | VICE PRESIDENT FOR BUSINESS | PersonTitleTxt |
| Phone | 5159640601 | PhoneNum |
| Signature | 2015-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DELMAR R MOHLER CPA | PreparerPersonNm |
| Phone | 5152827250 | PhoneNum |
| Preparation | 2015-05-11 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR ERNEST SCHMIDT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 NW Fourth Street | AddressLine1 |
| City | Ankeny | City |
| State | IA | State |
| ZIP Code | 500232152 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,867,896 | 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 post graduate level with the goal of preparing students to minister effectively in Christian Service in leadership positions. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 246 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $766,493 | PYContributionsGrantsAmt |
| CY Contributions Grants | $807,945 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,914,076 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,581,401 | CYProgramServiceRevenueAmt |
| PY Investment Income | $848,482 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,399,391 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $7,529,051 | PYTotalRevenueAmt |
| CY Total Revenue | $7,788,737 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $809,438 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,305,441 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,294,970 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,849,071 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $6,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $6,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $104,083 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,220,200 | PYOtherExpensesAmt |
| CY Other Expenses | $3,080,553 | CYOtherExpensesAmt |
| PY Total Expenses | $7,330,608 | PYTotalExpensesAmt |
| CY Total Expenses | $7,241,065 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $198,443 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $547,672 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,119,069 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,995,128 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,302,186 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,630,573 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,816,883 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,364,555 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Post secondary and graduate educational institution | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $3,865,463 | ExpenseAmt |
| Grant | $1,305,441 | GrantAmt |
| Revenue | $2,840,447 | RevenueAmt |
| Desc | POST SECONDARY EDUCATIONAL INSTITUTION - COLLEGE STUDENTS (FALL-261); (SPRING-247) 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 | $255,758 | ExpenseAmt |
| Revenue | $245,450 | RevenueAmt |
| Desc | GRADUATE EDUCATION INSTITUTION - SEMINARY STUDENTS (FALL - 39); (SPRING - 25) 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 | $1,779,758 | ExpenseAmt |
| Revenue | $2,036,821 | 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 | $5,900,979 | 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 | false | 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 | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | 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 | Yes (true) | 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 |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 25 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 246 | 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 |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | 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 | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL H BJOKNE | PersonNm |
| Phone | 5159640601 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 NW Fourth Street | AddressLine1 |
| City | Ankeny | City |
| State | IA | State |
| ZIP Code | 50023 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ROGER BISHOP | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES S BRYAN | |||||||
| Director/Vice Chairman | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MAURICE L DUDNEY | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES M FRAZIER | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MILES GRISMORE | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DON JOHNSTON | |||||||
| Director/Secretary | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DWIGHT D LAPINE | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL MANN | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL D MEAD | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| IVAN MOORE | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICK ODLE | |||||||
| Director and Chairman | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES RANDOLPH | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| GLENN ROHRBACH | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN SAUSER | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| ARVIN TARBELL | |||||||
| Director | 3 | Yes (X) | |||||
| ERNIE SCHMIDT | |||||||
| President | 40 | $25,225 | Yes (X) | Yes (X) | |||
| DAN BJOKNE | |||||||
| Vice President | 40 | $54,538 | Yes (X) | ||||
| PAUL HARTOG | |||||||
| Vice President | 40 | $59,526 | Yes (X) | ||||
| EUGENE MATLOCK | |||||||
| Vice President | 40 | $49,130 | Yes (X) | ||||
| JAMES D MAXWELL III | |||||||
| Former President | 40 | $55,035 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $243,454 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Wells Fargo VISA | |||||
| P O BOx 6426 | Carol Stream | IL | 601976426 | Credit card payments | $329,301 |
| Wellmark Bluecross Blueshield | |||||
| O Box 10353 | Des Moines | IA | 50306 | Group medical insurance premiums | $201,100 |
| MidAmerican Energy | |||||
| P O Box 8020 | Davenport | IA | 528088020 | Utilities - gas & electric | $194,324 |
| Sysco Food Services of Iowa | |||||
| One Sysco Place | Ankeny | IA | 500213911 | Wholesale food distribution | $148,995 |
| Jester Insurance Services Inc | |||||
| P O Box 4779 | Des Moines | IA | 503054779 | Property and casualty insurance broker | $103,996 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $807,945 | AllOtherContributionsAmt |
| Noncash Contributions | $37,153 | NoncashContributionsAmt |
| Total Contributions | $807,945 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt |
|---|---|---|
| Tuition and Fees | 900099 | $3,484,897 |
| Auxiliary enterprises | 611710 | $2,036,821 |
| Miscellaneous fees | 900099 | $59,683 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,581,401 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,333,478 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $145,072 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $79,159 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $65,913 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $65,913 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $65,913 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,788,737 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,980,792 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,305,441 | TotalAmt |
| Program Services | $1,305,441 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,454 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $194,324 | ManagementAndGeneralAmt |
| Fundraising | $49,130 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,134,303 | TotalAmt |
| Program Services | $1,960,621 | ProgramServicesAmt |
| Management And General | $168,272 | ManagementAndGeneralAmt |
| Fundraising | $5,410 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $345,411 | TotalAmt |
| Program Services | $284,815 | ProgramServicesAmt |
| Management And General | $52,673 | ManagementAndGeneralAmt |
| Fundraising | $7,923 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,903 | TotalAmt |
| Program Services | $103,816 | ProgramServicesAmt |
| Management And General | $19,199 | ManagementAndGeneralAmt |
| Fundraising | $2,888 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $172,305 | TotalAmt |
| Program Services | $64,983 | ProgramServicesAmt |
| Management And General | $107,322 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,950 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $23,950 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,000 | TotalAmt |
| Fundraising | $6,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $579,286 | TotalAmt |
| Program Services | $331,298 | ProgramServicesAmt |
| Management And General | $247,840 | ManagementAndGeneralAmt |
| Fundraising | $148 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $734,780 | TotalAmt |
| Program Services | $598,800 | ProgramServicesAmt |
| Management And General | $134,821 | ManagementAndGeneralAmt |
| Fundraising | $1,159 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,673 | TotalAmt |
| Program Services | $88,972 | ProgramServicesAmt |
| Management And General | $15,701 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $402,103 | TotalAmt |
| Program Services | $386,931 | ProgramServicesAmt |
| Management And General | $15,172 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,806 | TotalAmt |
| Program Services | $17,618 | ProgramServicesAmt |
| Management And General | $385 | ManagementAndGeneralAmt |
| Fundraising | $19,803 | 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 | $29,153 | TotalAmt |
| Program Services | $27,715 | ProgramServicesAmt |
| Management And General | $1,438 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,303 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $93,303 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $313,487 | TotalAmt |
| Program Services | $219,441 | ProgramServicesAmt |
| Management And General | $94,046 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,806 | TotalAmt |
| Program Services | $97,585 | ProgramServicesAmt |
| Management And General | $17,221 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Telephone | $30,304 | $24,333 | $5,324 | $647 |
| Postage and shipping | $46,944 | $39,968 | $2,666 | $4,310 |
| Printing and copies | $30,810 | $18,835 | $5,310 | $6,665 |
| Food purchases | $241,385 | $241,385 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,458 | TotalAmt |
| Program Services | $88,422 | ProgramServicesAmt |
| Management And General | $37,036 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,241,065 | TotalAmt |
| Program Services | $5,900,979 | ProgramServicesAmt |
| Management And General | $1,236,003 | ManagementAndGeneralAmt |
| Fundraising | $104,083 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $363,519 | BOYAmt |
| EOY | $270,053 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,826 | BOYAmt |
| EOY | $104,561 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $293,489 | BOYAmt |
| EOY | $256,454 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,848 | BOYAmt |
| EOY | $2,979 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $15,482,808 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,978,907 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,809,187 | BOYAmt |
| EOY | $6,503,901 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,550,200 | BOYAmt |
| EOY | $10,857,180 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,119,069 | BOYAmt |
| EOY | $17,995,128 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,857 | BOYAmt |
| EOY | $103,680 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $17,723 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,000 | BOYAmt |
| EOY | $250,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,082,329 | BOYAmt |
| EOY | $1,259,170 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,302,186 | BOYAmt |
| EOY | $1,630,573 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,129,204 | BOYAmt |
| EOY | $11,445,026 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $647,218 | BOYAmt |
| EOY | $866,634 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,040,461 | BOYAmt |
| EOY | $4,052,895 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,816,883 | BOYAmt |
| EOY | $16,364,555 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,119,069 | BOYAmt |
| EOY | $17,995,128 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $547,672 | ReconcilationRevenueExpnssAmt |
| 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
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,040,461 | BeginningYearBalanceAmt |
| Contributions | $12,434 | ContributionsAmt |
| End Year Balance | $4,052,895 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,022,237 | BeginningYearBalanceAmt |
| Contributions | $18,224 | ContributionsAmt |
| End Year Balance | $4,040,461 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,628,708 | BeginningYearBalanceAmt |
| Contributions | $393,529 | ContributionsAmt |
| End Year Balance | $4,022,237 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,473,778 | BeginningYearBalanceAmt |
| Contributions | $154,930 | ContributionsAmt |
| End Year Balance | $3,628,708 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,245,301 | BeginningYearBalanceAmt |
| Contributions | $228,477 | ContributionsAmt |
| End Year Balance | $3,473,778 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $9,682,322 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,342,887 | DepreciationAmt |
| Book Value | $5,339,435 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,713,827 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,429,148 | DepreciationAmt |
| Book Value | $284,679 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,734,357 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,206,872 | DepreciationAmt |
| Book Value | $527,485 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,503,901 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Deferred giving payable | $574,560 |
| Deposits held for others | $21,320 |
| Accrued expenses | $182,244 |
| Charitable gift annuities payable | $481,046 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,259,170 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $7,788,737 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $7,788,737 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $7,788,737 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,241,065 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $7,241,065 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $7,241,065 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt V Line 4 | FormAndLineReferenceDesc |
| Explanation | The endowment funds generally provide funds for scholarships for students attending the college and the seminary as set forth in operating agreements providing conditions created by donors upon receipt of their donation. | ExplanationTxt |
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, "ALL QUALIFIED APPLICATIONS WILL BE ACCEPTED REGARDLESS OF RACE, COLOR, AND NATIONAL ORIGIN." | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships funded by endowments,donations and institutional funds | GrantTypeTxt |
| Recipient | 243 | RecipientCnt |
| Cash Grant | $1,305,441 | CashGrantAmt |
| Valuation Method Used | Not applicable | ValuationMethodUsedDesc |
| Non Cash Assistance | Not applicable | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt I Line 2 | FormAndLineReferenceDesc |
| Explanation | Not applicable. | ExplanationTxt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Construction materials | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $65,913 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (62 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 12c | Faith baptist Bible College and Theological Seminary |
| Pt VI, Line 12c | Conflict of Interest Policy provides that annually each |
| Pt VI, Line 12c | member of its Board of Directors and Officers shall file |
| Pt VI, Line 12c | a signed Annual Statement with the Secretary fo the Board |
| Pt VI, Line 12c | of Directors acknowledging that they have received a copy |
| Pt VI, Line 12c | of the Faith Baptist Bible College and Theological Seminary |
| Pt VI, Line 12c | Conflict of Interest Policy which they have read and |
| Pt VI, Line 12c | understood. Further they affirm that they have complied |
| Pt VI, Line 12c | with the policy and understood the requirements they |
| Pt VI, Line 12c | must honor on behalf of Faith Baptist Bible College and |
| Pt VI, Line 12c | Theological Seminary to protect and maintain its federal |
| Pt VI, Line 12c | tax exemption. |
| Pt VI, Line 11b | The Faith Baptist Bible College and Theological Seminary |
| Pt VI, Line 11b | IRS Form 990 was sent to each member of the Board of Directors |
| Pt VI, Line 11b | prior to being filed with the Internal Revenue Service. |
| Pt VI, Line 11b | The copy sent to each board member electronically was |
| Pt VI, Line 11b | the "Public Inspection Copy" which does not include the |
| Pt VI, Line 11b | information filed with the Internal Revenue Service as |
| Pt VI, Line 11b | IRS Form 990, Schedule B. |
| Pt VI, Line 15a | The Faith Baptist Bible College and Theological Seminary |
| Pt VI, Line 15a | Executive Committee of its Board of Directors reviews a |
| Pt VI, Line 15a | summary of compensation levels derived from other Form 990s |
| Pt VI, Line 15a | and other public information sources for its President and |
| Pt VI, Line 15a | Vice Presidents at least once every three years. The data |
| Pt VI, Line 15a | is gathered from various sources including IRS Form 990s, |
| Pt VI, Line 15a | surveys conducted by accrediting organizations, and various |
| Form 990, Part IX, Line 24f | LEASE PAYMENTS 125458. 88422. 37036. 0. |
| Pt VI, Line 15a | other public sources to establish compensation levels at |
| Pt VI, Line 15a | similar institutions based upon organizational mission statements, |
| Pt VI, Line 15a | size, theological similarities, scope of academic offerings, |
| Pt VI, Line 15a | and various other identifying characteristics. The |
| Pt VI, Line 15a | Executive Committee of the Board of Directors meets with the |
| Pt VI, Line 15a | President. Each year the President's annual compensation is |
| Pt VI, Line 15a | established following a similar procedure taking in to |
| Pt VI, Line 15a | account various performance metrics with the comparison |
| Pt VI, Line 15a | to other institutions being considered at least once |
| Pt VI, Line 15a | every three years. The most recent comparison to other |
| Pt VI, Line 15a | institutions took place during 2012. |
| Pt VI, Line 15b | The President meets with the Executive Committee to review |
| Pt VI, Line 15b | the compensation for each of the Vice Presidents using a |
| Pt VI, Line 15b | procedure similar to the process described above is followed |
| Pt VI, Line 15b | to determine annual compensation for each Vice President. |
| Pt VI, Line 15b | At least once every three years comparison data is gathered, |
| Pt VI, Line 15b | reviewd, and documented to assure an appropriate compensation |
| Pt VI, Line 15b | levels for each Vice President. The last review with external |
| Pt VI, Line 15b | comparison data was conducted in 2009. |
| Pt VI, Line 19 | The Faith Baptist Bible College and Theological Seminary |
| Pt VI, Line 19 | IRS Form 990 is available for public inspection in its |
| Pt VI, Line 19 | offices in Ankeny, Iowa during normal business hours each |
| Pt VI, Line 19 | day from Monday through Friday, except on holidays. |
| Pt VI, Line 19 | Written requests for a copy of the Faith Baptist Bible |
| Pt VI, Line 19 | College and Theological Seminary IRS Form 990 are provided |
| Pt VI, Line 19 | within 30 days of receiving a written request. In |
| Pt VI, Line 19 | addition, the IRS Form 990 provided by the IRS is available |
| Pt VI, Line 19 | to the public within a few months after being filed by the |
| Pt VI, Line 19 | school at www.guidestar.org when one performs a search for |
| Pt VI, Line 19 | Faith Baptist Bible College located in Ankeny, Iowa. For |
| Pt VI, Line 19 | several years, Faith Baptist Bible College and Theological |
| Pt VI, Line 19 | Seminary has filed a copy of its audited financial |
| Pt VI, Line 19 | statements prepared by an independent audit firm with its |
| Pt VI, Line 19 | IRS Form 990. Readers of this statement will find a copy attached |
| Pt VI, Line 19 | to this IRS Form 990. |
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