2014-03-06T16:09:32-06:00 2013-06-30 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2012-07-01 231484178 LANCASTER BIBLE COLLEGE LANC 7175697071 901 EDEN ROAD LANCASTER PA 17601 MATTHEW MASON 7175697071 2014-03-06 1 STACY CULLEN P00974308 2159798800 2014-03-06 2012 2015-11-30 17:44:51Z MATTHEW MASON 901 EDEN ROAD LANCASTER PA 17601 30575112 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 18 680 18 0 0 3109088 5667622 17396087 20784392 296477 454274 299416 329757 21101068 27236045 3304451 3523751 0 0 10621362 11729100 0 0 589804 6850285 9425014 20776098 24677865 324970 2558180 62057738 65047263 19727966 19695575 42329772 45351688 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 75 YEARS: (CONTINUED ON SCHEDULE O). 0 0 22661405 3523751 20784392 LANCASTER BIBLE COLLEGE EDUCATES APPROXIMATELY 1750 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. 22661405 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 1808 0 1 680 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 MR PHILIP A CLEMENS 1.00 X X 0 0 0 MR CHARLES H KREIDER 1.00 X X 0 0 0 MR ROBERT KEPIRO 1.00 X X 0 0 0 MRS SALLY L MARTIN 1.00 X X 0 0 0 MR JAMES J FETTEROLF 0.50 X 0 0 0 MR QUINTIN F FREY 0.50 X 0 0 0 DR L RONALD HOOVER 0.50 X 0 0 0 MR ROBERT L HORST 0.50 X 0 0 0 MR DAVID E HOSLER 0.50 X 0 0 0 MS TRACY C JONES 0.50 X 0 0 0 MR NOAH W KREIDER 0.50 X 0 0 0 MR STUART J LEVEY 0.50 X 0 0 0 MR LARRY L MARTIN 0.50 X 0 0 0 REV J PAUL MUTCHLER 0.50 X 0 0 0 MR JAMES W ROBERTSON 0.50 X 0 0 0 MR LARRY W ROHRER 0.50 X 0 0 0 MRS RUTH A SHERTZER 0.50 X 0 0 0 MR PAUL J SEBASTIAN 0.50 X 0 0 0 DR PETER W TEAGUE 50.00 X 105255 0 44026 MR MATTHEW C MASON 45.00 X 69153 0 9622 DR GARY BREDFELDT 45.00 X 130021 0 12857 304429 0 66505 2 0 0 0 ALADDIN FOOD MANAGEMENT SERVICES LLC 21 ARMORY DR WHEELING WV 26003 CAMPUS DINING SERVICES 976499 BR KREIDER & SON INC 63 KREIDER LANE MANHEIM PA 17545 SITE WORK & PAVING 191379 LOGOS BIBLE SOFTWARE 1313 COMMERCIAL ST BELLINGHAM WA 98225 SOFTWARE DEVELOPMENT 101000 3 139580 254922 5273120 244082 5667622 TUITION & FEES 900099 17603333 17603333 AUXILIARY ENTERPRISES 900099 3129536 3129536 STUDENT TRIP INCOME 900099 51523 51523 20784392 358012 358012 170490 0 170490 170490 170490 3256391 3160129 96262 96262 96262 5840 139580 178938 -173098 -173098 MISCELLANEOUS 900099 246322 246322 TICKET SALES 900099 62198 62198 BAD DEBT INCOME 900099 23845 23845 332365 27236045 21201204 0 367219 121568 121568 3402183 3402183 236265 213638 14979 7648 9279745 8391031 588318 300396 280323 253477 17772 9074 1355331 1225532 85925 43874 577436 522136 36608 18692 38393 13164 25229 48915 48915 170724 7599 163125 460879 431109 29770 268731 249265 19466 834680 700224 89890 44566 200061 117907 74676 7478 1108120 861764 246356 769078 766524 2554 57765 52481 5284 526480 526480 1637209 1637209 78459 78459 OUTSOURCED STUDENT CRED 1262395 1262395 CAFETERIA FOOD 852467 852467 MISCELLANEOUS EXPENSES 289090 265465 96 23529 PUBLIC SERVICE 183235 85916 97319 638333 623412 2443 12478 24677865 22661405 1426656 589804 1030290 2537288 3882053 2523008 1329012 1346365 282897 719495 150374 90580 240306 228219 231612 375693 55205901 14902604 40227857 40303297 14594145 16830143 89192 93175 62057738 65047263 451925 409959 456912 844903 14260387 13954760 800000 800000 3758742 3685953 19727966 19695575 X 33644505 37270833 3771290 2987982 4913977 5092873 42329772 45351688 62057738 65047263 X 2558180 509740 -46004 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10159512 102507 344943 10606962 10552126 156819 -549433 10159512 9398196 134118 1019812 10552126 5302242 3835026 260928 9398196 6918938 172830 -1789526 5302242 0.51990 0.48010 0 0 4753188 4753188 39369180 7917785 31451395 11083533 6984819 4098714 40303297 UNITRUST AND ANNUITY OBLIGATIONS 3454637 FUNDS HELD FOR OTHERS 67521 US GOVERNMENT ADVANCES 163795 3685953 X 24522540 509740 178938 688678 23833862 3402183 3402183 27236045 21454620 178938 178938 21275682 3402183 3402183 24677865 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2010-2012) OR EXPECTED TO BE TAKEN IN THE COLLEGE'S 2013 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 178,938. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFIED AS EXPENSES 3,402,183. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING SPECIAL EVENT EXPENSE 178,938. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFIED AS EXPENSES 3,402,183. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE SCHOOL MAKES KNOWN ITS NONDISCRIMINATION POLICY IN ALL PRINT AND BROADCAST MEDIA. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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. PRESIDENT'S WEEKENDS NASHVILLE, PA 66025 66025 109482 30697 BUSINESS PARTNER'S GOLF TOURNAMENT 49220 49220 7207 16752 1792 1 30175 24335 5840 910 11576 522 145420 139580 5840 8117 137810 33011 178938 -173098 1 AMBASSADOR FOUNDATION PO BOX 1201 LANCASTER PA 176081201 020714460 501(C)(3) 80000 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) 36176 SUPPORT FOR NEEDY CHILDREN 3 STUDENT SCHOLARSHIPS TO LANCASTER BIBLE COLLEGE STUDENTS. 1016 3402183 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 MURRAY SECURUS COMPANY IN WHICH TRUSTEE DAVID E. HOSLER IS THE CHIEF OPERATING OFFICER 129817 INSURANCE SERVICES 0 ROBERT TEAGUE SON OF PRESIDENT - PETER TEAGUE 92924 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 78775 SALARY AND BENEFITS PAID FOR FULL TIME WORK AS VP FINANCE 0 LONNIE MARTIN BROTHER OF TRUSTEE LARRY MARTIN 68702 SALARY AND BENEFITS PAID FOR FULL TIME WORK AS CONTROLLER 0 X 3957 FAIR MARKET VALUE X 11 237784 FAIR MARKET VALUE X 5 955 FAIR MARKET VALUE X CLASSROOM SUPPLIES 2 217 FAIR MARKET VALUE X GIFT CARDS 4 250 FAIR MARKET VALUE X TICKETS/PASSES 2 919 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 PRESIDENT,AND HIS CABINET, IN CONSULTATION WITH 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ACTUARIAL LOSS ON GIFT ANNUITY AND OTHER TRUST OBLIGATIONS -46,004. AUDIT COMMITTEE AND SELECTION OF INDEPENDENT ACCOUNTANT 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