2013-02-01T11:53:21-06:00 2012-05-31 232226550 MCGRAIL MERKEL QUINN & ASSOCIATES PC 1173 CLAY AVENUE SCRANTON PA 18510 990 2011-06-01 150543962 BAPTIST BIBLE COLLEGE OF PENNSYLVANIA BAPT 5705862400 538 VENARD ROAD CLARKS SUMMIT PA 18411 HAL CROSS 5705862400 2013-01-30 1 MARY ANN NOVAK CPA P01056330 5709610345 2013-01-30 2011 2016-02-25 16:41:14Z JAMES JEFFERY 538 VENARD ROAD CLARKS SUMMIT PA 18411 13358853 0 X WWW.BBC.EDU X 1932 PA ACCREDITED, PRIVATE CHRISTIAN ORGANIZATION PROVIDING UNDERGRADUATE, GRADUATE, AND SEMINARY DEGREE PROGRAMS. 22 19 616 83 0 0 2596205 1629879 11080229 11583199 16517 10124 57019 101424 13749970 13324626 0 0 0 0 8467447 8322575 0 0 573299 5721229 5790419 14188676 14112994 -438706 -788368 13903642 14097445 5889011 6880064 8014631 7217381 X BAPTIST BIBLE COLLEGE & SEMINARY IS A FULLY ACCREDITED, CHRIST-CENTERED EDUCATIONAL INSTITUTION LOCATED IN A SUBURBAN AREA OF THE SCRANTON/WILKES-BARRE, PA METROPOLITAN AREA. OUTSTANDING BIBLICAL HIGHER EDUCATION IS OFFERED THROUGH ON-CAMPUS, ONLINE, AND OTHER DISTANCE LEARNING OPTIONS. STUDENTS LEARN TO SERVE AND LEAD AS THEY GAIN CRITICAL LEADERSHIP AND LIFE SKILLS. OUR STUDENTS, FACULTY, AND STAFF CONTRIBUTE TO A BETTER QUALITY OF LIFE IN NORTHEASTERN PENNSYLVANIA AND AROUND THE WORLD. OUR SCENIC 131-ACRE CAMPUS INCLUDES 17 MAJOR BUILDINGS, ATHLETIC FACILITIES, AND A 4 1/2-ACRE LAKE. NEARLY 8,000 PEOPLE HAVE EARNED DEGREES FROM BBC&S AND HAVE LIVED IN ALL 50 STATES AND AS MANY FOREIGN COUNTRIES. 0 0 7862008 8043545 REVENUE FROM TUITION AND FEES PAYS FOR A RANGE OF TEACHING, MATERIALS, ADMINISTRATIVE, AND TECHNICAL EXPENSES. WITH NEARLY 1,100 STUDENTS, BBC&S OFFERS STUDIES FROM A ONE-YEAR BIBLE CERTIFICATE TO FULL DOCTORATE PROGRAMS. UNDERGRADUATE MAJORS RANGE FROM INTERCULTURAL YOUTH MINISTRIES AND WORSHIP PASTOR TO BUSINESS ADMINISTRATION AND TEACHER EDUCATION. THE COLLEGE AND SEMINARY STAFF INCLUDES 45 FULL-TIME FACULTY, 31 OF WHOM HOLD TERMINAL DOCTORATE DEGREES. ACCREDITATION IS PROVIDED BY BOTH THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS AND THE ASSOCIATION FOR BIBLICAL HIGHER EDUCATION. ALL DEGREES ARE APPROVED BY THE COMMONWEALTH OF PENNSYLVANIA. MORE THAN 95 PERCENT OF UNDERGRADUATE STUDENTS RECEIVE SOME FORM OF FINANCIAL AID. 1869586 3569880 AUXILIARY ENTERPRISES INCLUDE ROOM, BOARD, CAFE AND OTHER ANCILLARY FUNCTIONS OF THE INSTITUTION 9731594 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 52 0 1 616 1 0 0 0 0 0 0 0 0 X 22 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X GEOFFERY SHAW 5705859208 538 VENARD ROAD CLARKS SUMMIT PA 18411 X JAMES JEFFERY 45.00 X X 107599 0 16079 ROBERT ALLEN 5.00 X 0 0 0 JOHN GREENING 2.50 X 0 0 0 TOM BENEFIEL 2.00 X 0 0 0 KEN FLOYD 2.00 X 0 0 0 LARRY GREEN 2.00 X 0 0 0 DONN HAUSER 2.00 X 0 0 0 DAN KALLMAN 3.00 X 0 0 0 KAREN LOGAN 2.00 X 0 0 0 JOHN MCNEAL 2.00 X 0 0 0 GARY MOOSEY 2.00 X 0 0 0 PAUL AUCKLAND 2.00 X 0 0 0 WILLIAM PARK 2.00 X 0 0 0 DUKE CRAWFORD 2.00 X 0 0 0 WILLIAM PIERSON 2.00 X 0 0 0 DON DAVIS 2.00 X 0 0 0 DON SHIRK 2.00 X 0 0 0 JAMES VOGEL 2.00 X 0 0 0 PAT NEMMERS 2.00 X 0 0 0 SCOTT FARR 2.00 X 0 0 0 JEFF HOWELL 2.00 X 0 0 0 DONALD CHILDS 2.00 X 0 0 0 DON PATTEN 45.00 X 84961 0 8444 HAL CROSS 45.00 X 76416 0 8337 JAMES LYTLE 45.00 X 95612 0 8337 KENNETH SHEPARD 45.00 X 82495 0 11502 447083 0 52699 1 0 0 0 GEISINGER QUALITY OPTIONS INC 100 NORTH ACADEMY AVENUE DANVILLE PA 17822 HEALTH INSURANCE PROVIDER 1219648 PIONEER COLLEGE CATERERS INC 1351 W 96TH TERRACE LENEXA KS 66215 FOOD SERVICE 800425 BALANCE POINT CONSTRUCTION LLC 21225 FAWN RIVER COURT GOSHEN IN 46528 CONSTRUCTION CONSULTING 250770 DIRECT ENERGY BUSINESS 1001 LIBERTY AVENUE 1200 PITTSBURGH PA 15222 ENERGY CONSULTING 229032 PAOLUCCI MASONRY INC 9126 VALLYE VIEW DRIVE CLARKS SUMMIT PA 18411 CONSTRUCTION CONSULTING 205020 8 174043 1455836 1629879 TUITION & FEES 611710 8030882 8030882 AUXILIARY ENTERPRISES 611710 3552317 3552317 11583199 162 162 22770 12808 9962 9962 9962 75450 21419 54031 54031 30226 0 30226 30226 MISCELLANEOUS 611710 17167 17167 17167 13324626 11613425 0 81322 499782 197946 208432 93404 6379315 4818774 1256072 304469 1443478 1052685 306137 84656 66620 66620 27000 27000 42953 42953 70367 70367 753696 719750 33946 216367 93955 71597 50815 284701 284701 1022339 1022339 110494 110494 EDUCATIONAL EXPENSES 2545895 2545895 ADMINISTRATIVE EXPENSES 643978 643978 STEWARDSHIP 6009 6009 14112994 9731594 3808101 573299 61961 24308 245426 201785 50982 25051 514456 467073 24554342 11633398 12447496 12920944 583321 458284 13903642 14097445 1225324 1484963 613448 691640 4050239 4547030 0 156431 5889011 6880064 X 5399418 5439331 2615213 1778050 8014631 7217381 13903642 14097445 X -788368 -8882 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 412821 412821 12426737 7977023 4449714 3444217 2322614 1121603 8270567 1333761 6936806 12920944 PAYABLE TO AFFILIATE 156431 156431 13324626 14112994 -788368 -8882 -8882 -797250 13333382 -12663 -12663 13346045 -21419 -21419 13324626 14121750 8756 8756 14112994 0 14112994 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE COLLEGE'S TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE COLLEGE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE MAY 31, 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: ACTUARIAL GAIN (LOSS) ON ANNUITIES AND LIFE INCOME TRUSTS -8,882. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 4B - OTHER ADJUSTMENTS: GOLF TOURNAMENT EXPENSES PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD GOLF TOURNAMENT EXPENSE 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 NONDISCRIMINATION POLICY IS PUBLISHED ALONG WITH ADVERTISEMENTS FOR THE INSTITUTION IN SELECTED PERIODICALS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE PARTICIPATES IN THE DEPT. OF ED'S STUDENT FINANCIAL ASSISTANCE PROGRAM. ALSO, FUNDING IS RECEIVED FOR OTHER EDUCATIONAL PROGRAMS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 RECEIPT OF CONTRIBUTION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GOLF TOURNAMENT 75450 75450 21419 75450 75450 21419 21419 54031 THE MASTERS GROUP ENTITY MORE THAN 35% OWNED BY DAVID BAILEY, FORMER TRUSTEE 21400 PROVIDED CONSTRUCTION CONSULTING SERIVCES TO THE INSTITUTION 0 PHELPS INSURANCE AGENCY ENTITY MORE THAN 35% OWNED BY NEPHEW OF RUSSELL PHELPS, TRUSTEE 3402 INSURANCE POLICIES AWARDED TO THE INSURANCE AGENCY THROUGH A BIDDING PROCESS 0 ALBERTA JEFFERY SPOUSE OF JAMES JEFFERY, TRUSTEE AND OFFICER 12290 EMPLOYED BY THE INSTITUTION 0 LISA KONZELMAN DAUGHTER OF ROBERT ALLEN, TRUSTEE 43804 EMPLOYED BY THE INSTITUTION 0 CHRIS DAVIS BROTHER OF DON DAVIS, TRUSTEE 59479 EMPLOYED BY THE INSTITUTION 0 FORM 990, PART VI, SECTION B, LINE 11 THE COLLEGE SENDS THE DRAFT 990 RETURN TO ALL TRUSTEES BY ELECTRONIC MEANS. A CONFERENCE CALL IS HELD WITH THE FINANCE AND AUDIT COMMITTEE APPROXIMATELY TWO WEEKS LATER IN WHICH DISCUSSION AND VOTE OCCURS PRIOR TO THE SUBMISSION DEADLINE OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE COLLEGE CONDUCTS SALARY SURVEYS TO COMPARE SALARIES WITH OTHER COLLEGES IN THE GEOGRAPHIC AREA,OTHER BIBLE AND CHRISTIAN-BASED INSTITUTIONS AND COMPARABLE WORTH ANALYSIS OF DIRECTOR AND EXECUTIVE-LEVEL POSITIONS. THIS INFORMATION IS COMPILED ANNUALLY AND REVIEWED WITH THE FINANCE AND AUDIT COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII - REPORTABLE COMPENSATION JAMES JEFFERY AND JIM LYTLE RECIEVED HOUSING ALLOWANCES IN THE AMOUNTS OF $57,917 AND $30,000, RESPECTIVELY, THAT WERE BOTH FEDERAL AND FICA EXEMPT. THESE AMOUNTS ARE INCLUDED ON PART VII, COLUMN D, REPORTABLE COMPENSATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: ACTUARIAL GAIN (LOSS) ON ANNUITIES AND LIFE INCOME TRUSTS -8,882. TOTAL TO FORM 990, PART XI, LINE 5: -8,882. FORM 990, PART XII, LINE 2C THE COLLEGE HAS NOT CHANGED ITS AUDITOR OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. BBC FOUNDATION INC 538 VENARD ROAD CLARKS SUMMIT PA 18411 232732238 RAISE FUNDS FOR THE RELATED COLLEGE PA 501(C)(3) 509(A)(3) I 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 BBC FOUNDATION INC P 594718 FAIR VALUE