﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2012v2.1">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-10-01T15:40:42-05:00</Timestamp>
    <TaxPeriodEndDate>2013-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>620647474</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>BLACKBURN CHILDERS &amp; STEAGALL PLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1361 S WILCOX DRIVE</AddressLine1>
        <City>KINGSPORT</City>
        <State>TN</State>
        <ZIPCode>37660</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2012-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>620693975</EIN>
      <Name>
        <BusinessNameLine1>GRAHAM BIBLE COLLEGE INC</BusinessNameLine1>
      </Name>
      <NameControl>GRAH</NameControl>
      <Phone>4239684201</Phone>
      <USAddress>
        <AddressLine1>P O BOX 1630</AddressLine1>
        <City>BRISTOL</City>
        <State>VA</State>
        <ZIPCode>242031630</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>HEIDI A TRISKA</Name>
      <Title>OPERATIONS MANAGER</Title>
      <Phone>4239684201</Phone>
      <DateSigned>2013-10-01</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>CHAD KISNER</Name>
      <PTIN>P00738241</PTIN>
      <Phone>4232461725</Phone>
      <DatePrepared>2013-09-23</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="6">
    <IRS990 documentId="RetDoc1038000001" referenceDocumentId="RetDoc1044400001">
      <NameOfPrincipalOfficerPerson>HEIDI A TRISKA</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>2690 VOLUNTEER PARKWAY</AddressLine1>
        <City>BRISTOL</City>
        <State>TN</State>
        <ZIPCode>37620</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>265890</GrossReceipts>
      <GroupReturnForAffiliates>0</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>WWW.GRAHAMBIBLECOLLEGE.COM</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>1951</YearFormation>
      <StateLegalDomicile>TN</StateLegalDomicile>
      <ActivityOrMissionDescription>"TRAINING VOLUNTEERS FOR CHRIST" IS THE MOTTO OF GRAHAM BIBLE COLLEGE. SINCE ITS INCEPTION IN 1951, A WHOLE GENERATION OF MEN AND WOMEN HAVE BEEN TRAINED TO SERVE CHRIST.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>6</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>3</NbrIndependentVotingMembers>
      <TotalNbrEmployees>9</TotalNbrEmployees>
      <TotalNbrVolunteers>0</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <NetUnrelatedBusinessTxblIncome>0</NetUnrelatedBusinessTxblIncome>
      <ContributionsGrantsPriorYear>235206</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>59546</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>15229</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>18644</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>3928</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>3603</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>398</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>118</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>254761</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>81911</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>0</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>1565</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersPriorYear>0</BenefitsPaidToMembersPriorYear>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>62342</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>71006</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpPriorYear>0</TotalProfFundrsngExpPriorYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>150</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>22818</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>23037</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>85160</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>95608</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>169601</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>-13697</RevenuesLessExpensesCY>
      <TotalAssetsBOY>526806</TotalAssetsBOY>
      <TotalAssetsEOY>513439</TotalAssetsEOY>
      <TotalLiabilitiesBOY>109</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>439</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>526697</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>513000</NetAssetsOrFundBalancesEOY>
      <MissionDescription>"TRAINING VOLUNTEERS FOR CHRIST" IS THE MOTTO OF GRAHAM BIBLE COLLEGE. SINCE ITS INCEPTION IN 1951, A WHOLE GENERATION OF MEN AND WOMEN HAVE BEEN TRAINED TO SERVE CHRIST.</MissionDescription>
      <SignificantNewProgramServices>0</SignificantNewProgramServices>
      <SignificantChange>0</SignificantChange>
      <Expense>66803</Expense>
      <Grants>1565</Grants>
      <Revenue>18644</Revenue>
      <Description>OPERATION OF COLLEGE</Description>
      <TotalProgramServiceExpense>66803</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="RetDoc1039100001">1</DescribedIn501C3>
      <ScheduleBRequired referenceDocumentId="RetDoc1234500001">1</ScheduleBRequired>
      <PoliticalActivities>0</PoliticalActivities>
      <LobbyingActivities>0</LobbyingActivities>
      <SubjectToProxyTax>0</SubjectToProxyTax>
      <DonorAdvisedFunds referenceDocumentId="RetDoc1040000001">0</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="RetDoc1040000001">0</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="RetDoc1040000001">0</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="RetDoc1040000001">0</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="RetDoc1040000001">1</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="RetDoc1040000001">1</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId="RetDoc1040000001">0</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="RetDoc1040000001">0</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="RetDoc1040000001">0</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="RetDoc1040000001">0</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="RetDoc1040000001">0</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="RetDoc1040000001">0</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="RetDoc1040000001">0</ConsolidatedAuditFinancialStmt>
      <School referenceDocumentId="RetDoc1040400001">1</School>
      <ForeignOffice>0</ForeignOffice>
      <ForeignActivities>0</ForeignActivities>
      <MoreThan5000KToOrganizations>0</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>0</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>0</ProfessionalFundraising>
      <FundraisingActivities>0</FundraisingActivities>
      <Gaming>0</Gaming>
      <Hospital>0</Hospital>
      <GrantsToOrganizations>0</GrantsToOrganizations>
      <GrantsToIndividuals>0</GrantsToIndividuals>
      <ScheduleJRequired>0</ScheduleJRequired>
      <TaxExemptBonds>0</TaxExemptBonds>
      <ExcessBenefitTransaction>0</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>0</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>0</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>0</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>0</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>0</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>0</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>0</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>0</DeductibleContributionsOfArt>
      <Terminated>0</Terminated>
      <PartialLiquidation>0</PartialLiquidation>
      <DisregardedEntity>0</DisregardedEntity>
      <RelatedEntity>0</RelatedEntity>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <TransfersToExemptNonChrtblOrg>0</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership>0</ActivitiesConductedPartnership>
      <ScheduleORequired>1</ScheduleORequired>
      <NumberFormsTransmittedWith1096>0</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>1</ComplianceWithBackupWitholding>
      <NumberOfEmployees>9</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>1</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>0</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>0</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>0</TaxablePartyNotification>
      <NonDeductibleContributions>0</NonDeductibleContributions>
      <QuidProQuoContributions>0</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>0</Form8282PropertyDisposedOf>
      <FundsToPayPremiums>0</FundsToPayPremiums>
      <PremiumsPaid>0</PremiumsPaid>
      <IndoorTanningServices>0</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>6</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>3</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>0</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>0</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>0</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>0</MaterialDiversionOrMisuse>
      <MembersOrStockholders>0</MembersOrStockholders>
      <ElectionOfBoardMembers>0</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>0</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>1</MinutesOfGoverningBody>
      <MinutesOfCommittees>0</MinutesOfCommittees>
      <OfficerMailingAddress>0</OfficerMailingAddress>
      <LocalChapters>0</LocalChapters>
      <Form990ProvidedToGoverningBody>1</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>0</ConflictOfInterestPolicy>
      <WhistleblowerPolicy>0</WhistleblowerPolicy>
      <DocumentRetentionPolicy>0</DocumentRetentionPolicy>
      <CompensationProcessCEO>0</CompensationProcessCEO>
      <CompensationProcessOther>0</CompensationProcessOther>
      <InvestmentInJointVenture>0</InvestmentInJointVenture>
      <StatesWhereCopyOfReturnIsFiled>TN</StatesWhereCopyOfReturnIsFiled>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>GRAHAM BIBLE COLLEGE INC</BusinessNameLine1>
        </NameBusiness>
        <TelephoneNumber>4239684201</TelephoneNumber>
        <AddressUS>
          <AddressLine1>2690 VOLUNTEER PARKWAY</AddressLine1>
          <City>BRISTOL</City>
          <State>TN</State>
          <ZIPCode>37620</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <Form990PartVIISectionA>
        <NamePerson>BILL HAMILTON</NamePerson>
        <Title>CHAIRMAN</Title>
        <AverageHoursPerWeek>0.30</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>THOMAS B SULLIVAN JR</NamePerson>
        <Title>SECRETARY</Title>
        <AverageHoursPerWeek>3.50</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>3800</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DELACY A ANDREWS JR</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>3.50</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>4480</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DAYTON OWENS</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.30</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LARRY JILTON</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.30</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>PHILIP R BLEVINS</NamePerson>
        <Title>PRESIDENT</Title>
        <AverageHoursPerWeek>20.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>13522</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>15183</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>21802</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>15183</TotalOtherCompensation>
      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
      <FormersListed>0</FormersListed>
      <TotalCompGT150K>0</TotalCompGT150K>
      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <NumberOfContractorsGT100K>0</NumberOfContractorsGT100K>
      <AllOtherContributions>59546</AllOtherContributions>
      <TotalContributions>59546</TotalContributions>
      <ProgramServiceRevenue>
        <Description>TUITION</Description>
        <BusinessCode>611310</BusinessCode>
        <TotalRevenueColumn>17433</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>17433</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>FEES</Description>
        <BusinessCode>611310</BusinessCode>
        <TotalRevenueColumn>1060</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>1060</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>TEXTBOOKS</Description>
        <BusinessCode>611310</BusinessCode>
        <TotalRevenueColumn>151</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>151</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>18644</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>1585</TotalRevenueColumn>
        <ExclusionAmount>1585</ExclusionAmount>
      </InvestmentIncome>
      <GrossAmountSalesAssets>
        <Other>185794</Other>
      </GrossAmountSalesAssets>
      <LessCostOthBasisSalesExpenses>
        <Other>183776</Other>
      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
        <Other>2018</Other>
      </GainOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>2018</TotalRevenueColumn>
        <ExclusionAmount>2018</ExclusionAmount>
      </NetGainOrLossInvestments>
      <GrossSalesOfInventory>293</GrossSalesOfInventory>
      <CostOfGoodsSold>203</CostOfGoodsSold>
      <NetIncomeOrLoss>
        <TotalRevenueColumn>90</TotalRevenueColumn>
        <ExclusionAmount>90</ExclusionAmount>
      </NetIncomeOrLoss>
      <OtherRevenueMisc>
        <Description>GAS WELL ROYALTIES</Description>
        <BusinessCode>611310</BusinessCode>
        <TotalRevenueColumn>28</TotalRevenueColumn>
        <ExclusionAmount>28</ExclusionAmount>
      </OtherRevenueMisc>
      <TotalOtherRevenue>28</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>81911</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>18644</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>3721</ExclusionAmount>
      </TotalRevenue>
      <GrantsToDomesticIndividuals>
        <Total>1565</Total>
        <ProgramServices>1565</ProgramServices>
      </GrantsToDomesticIndividuals>
      <CompCurrentOfficersDirectors>
        <Total>35011</Total>
        <ProgramServices>35011</ProgramServices>
      </CompCurrentOfficersDirectors>
      <OtherSalariesAndWages>
        <Total>31651</Total>
        <ProgramServices>11923</ProgramServices>
        <ManagementAndGeneral>19728</ManagementAndGeneral>
      </OtherSalariesAndWages>
      <PayrollTaxes>
        <Total>4344</Total>
        <ProgramServices>2845</ProgramServices>
        <ManagementAndGeneral>1499</ManagementAndGeneral>
      </PayrollTaxes>
      <FeesForServicesAccounting>
        <Total>175</Total>
        <ManagementAndGeneral>175</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <OfficeExpenses>
        <Total>2314</Total>
        <ProgramServices>1735</ProgramServices>
        <ManagementAndGeneral>579</ManagementAndGeneral>
      </OfficeExpenses>
      <Occupancy>
        <Total>10324</Total>
        <ProgramServices>8562</ProgramServices>
        <ManagementAndGeneral>1762</ManagementAndGeneral>
      </Occupancy>
      <Insurance>
        <Total>5072</Total>
        <ProgramServices>3322</ProgramServices>
        <ManagementAndGeneral>1750</ManagementAndGeneral>
      </Insurance>
      <OtherExpenses>
        <Description>MISCELLANEOUS EXPENSES</Description>
        <Total>4085</Total>
        <ManagementAndGeneral>4085</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BUILDING AND LAWN MAINT</Description>
        <Total>2252</Total>
        <ProgramServices>1689</ProgramServices>
        <ManagementAndGeneral>563</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BAD DEBT EXPENSE</Description>
        <Total>756</Total>
        <ManagementAndGeneral>756</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>TEXTBOOKS</Description>
        <Total>151</Total>
        <ProgramServices>151</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>-2092</Total>
        <ManagementAndGeneral>-2242</ManagementAndGeneral>
        <Fundraising>150</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>95608</Total>
        <ProgramServices>66803</ProgramServices>
        <ManagementAndGeneral>28655</ManagementAndGeneral>
        <Fundraising>150</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>9834</BOY>
        <EOY>189872</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>289479</BOY>
        <EOY>279394</EOY>
      </SavingsAndTempCashInvestments>
      <AccountsReceivable>
        <BOY>150</BOY>
        <EOY>1425</EOY>
      </AccountsReceivable>
      <LandBuildingsEquipmentBasis>70180</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>44655</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>209301</BOY>
        <EOY>25525</EOY>
      </LandBuildingsEquipmentBasisNet>
      <OtherAssetsTotal>
        <BOY>18042</BOY>
        <EOY>17223</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>526806</BOY>
        <EOY>513439</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>109</BOY>
        <EOY>439</EOY>
      </AccountsPayableAccruedExpenses>
      <TotalLiabilities>
        <BOY>109</BOY>
        <EOY>439</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>526697</BOY>
        <EOY>468776</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <EOY>28527</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <EOY>15697</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>526697</BOY>
        <EOY>513000</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>526806</BOY>
        <EOY>513439</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>-13697</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>0</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>0</FSAudited>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <School170b1Aii>X</School170b1Aii>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <CurrentYear>
        <BeginningOfYearBalance>0</BeginningOfYearBalance>
        <Contributions>16340</Contributions>
        <EndOfYearBalance>16340</EndOfYearBalance>
      </CurrentYear>
      <BoardDesignatedEOYBalance>0.00000</BoardDesignatedEOYBalance>
      <PermanentEndowmentEOYBalance>1.00000</PermanentEndowmentEOYBalance>
      <TermEndowmentEOYBalance>0.00000</TermEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>0</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>0</EndowmentsHeldByRelatedOrgs>
      <Land>
        <OtherCostOrOtherBasis>25525</OtherCostOrOtherBasis>
        <BookValue>25525</BookValue>
      </Land>
      <Buildings>
        <OtherCostOrOtherBasis>44655</OtherCostOrOtherBasis>
        <Depreciation>44655</Depreciation>
        <BookValue>0</BookValue>
      </Buildings>
      <TotalOfBookValueLandBuildings>25525</TotalOfBookValueLandBuildings>
      <Form990ScheduleDPartXIII>
        <Identifier>DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:</Identifier>
        <ReturnReference>PART V, LINE 4:</ReturnReference>
        <Explanation>THE PERMANENTLY RESTRICTED NET ASSETS ("ENDOWMENTS") ARE COMPOSED OF FUNDS RESTRICTED FOR STUDENT SCHOLARSHIPS. THE ENDOWMENTS REPRESENT FUNDS RECEIVED WITH DONOR IMPOSED STIPULATIONS THAT THEY BE MAINTAINED IN PERPETUITY.</Explanation>
      </Form990ScheduleDPartXIII>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc1040400001">
      <NondiscriminatoryPolicyStmt>1</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>1</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>0</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>0</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>0</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>1</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>1</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>0</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>0</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>0</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>0</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>0</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>0</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>0</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>0</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>0</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>0</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>1</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION</Identifier>
        <ReturnReference>SCHEDULE E, PART I, LINE 3</ReturnReference>
        <Explanation>PART I, LINE 3 - OUR POLICIES ARE CLEARLY STATED IN OUR CATALOG.</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>EXPLANATION OF DOCUMENT RETENTION</Identifier>
        <ReturnReference>SCHEDULE E, PART I, LINE 4</ReturnReference>
        <Explanation>LINE 4A - WE ARE A SMALL COLLEGE AND SUCH RECORDS ARE UNNECESSARY. LINE 4B - WE ARE A SMALL COLLEGE AND SUCH RECORDS ARE UNNECESSARY.</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 8B</ReturnReference>
        <Explanation>THERE ARE NO SEPARATE COMMITTEES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>A COMPLETE COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, WAS PROVIDED TO EACH PERSON WHO WAS A VOTING MEMBER OF THE GOVERNING BODY AT THE TIME THE FORM 990 WAS PROVIDED, WHETHER IN PAPER OR ELECTRONIC FORM, BEFORE ITS FILING WITH THE IRS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. FOR THE YEAR ENDED JUNE 30, 2013, THE ORGANIZATION HAD NO AUDITED, REVIEWED, OR COMPILED STATEMENTS PREPARED BY AN INDEPENDENT ACCOUNTANT. THE POLICIES OF THE ORGANIZATION ARE LISTED IN ITS CATALOG.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ADDRESS</Identifier>
        <ReturnReference>FORM 990, PAGE 1 AND PAGE 6</ReturnReference>
        <Explanation>PAGE 1, LINE C: THE POSTAL ADDRESS OF GRAHAM BIBLE COLLEGE, INC. IS P. O. BOX 1630, BRISTOL, VIRGINIA 24203. PAGE 6, LINE 20: THE PHYSICAL ADDRESS OF GRAHAM BIBLE COLLEGE, INC. IS 2690 VOLUNTEER PARKWAY, BRISTOL, TENNESSEE 37620.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>