2011-01-13T20:54:25-07:00 2010-05-31 Hill Harper & Associates P O Box 680788 Franklin TN 37068 990 2009-06-01 620481463 Free Will Baptist Bible College FREE 6158445000 3606 WEST END AVENUE NASHVILLE TN 37205 Thomas A Sass 6158445230 2011-01-14 1 Terry Hill 6154177414 2001-01-11 X 2009 2016-02-24 21:20:13Z J Matthew Pinson 3606 West End Avenue Nashville TN 37205 6366143 0 X FWBBC.EDU X 1942 TN CHRISTIAN HIGHER EDUCATIONAL INSTITUTION SERVING APPROXIMATELY 350 STUDENTS 9 9 294 25 0 0 3810400 1846279 4182689 4295642 50454 190827 30175 33395 8073718 6366143 825089 916817 0 0 3021162 2801858 33297 7069 509289 2267155 2165182 6146703 5890926 1927015 475217 12680862 12934731 5948797 5432104 6732065 7502627 THE MISSION OF FREE WILL BAPTIST BIBLE COLLEGE IS TO EDUCATE LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE. 0 0 4536156 916817 4295642 Institution of higher education which serves approximately 350 students 0 0 0 4536156 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 411 0 1 294 1 0 0 0 0 0 0 0 0 0 0 0 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THOMAS A SASS 6158445230 3606 WEST END AVENUE NASHVILLE TN 37205 REV BILLY HANNA 1 X 0 0 0 REV TERRY PIERCE 1 X 0 0 0 A C ALLEN 1 X 0 0 0 REV KEN SIMPSON 1 X 0 0 0 REV MARK STRIPLING 1 X 0 0 0 MIKE ARMSTRONG 1 X 0 0 0 REV RUSTY RUSSELL 1 X 0 0 0 JEFF CRABTREE 1 X 0 0 0 SHILOH HACKETT 1 X 0 0 0 J MATTHEW PINSON 40 X 69499 0 0 THOMAS A SASS 40 X 50930 0 0 MILTON FIELDS 40 X 39979 0 0 GREG KETTEMAN 40 X 52576 0 0 JON FORLINES 40 X 41483 0 0 DAVID WILLIFORD 40 X 50160 0 0 304627 0 0 0 0 0 0 0 0 0 0 0 33568 1812711 0 1846279 Tuition and Fees 900099 3283589 3283589 0 0 Dormitories 900099 452604 452604 0 0 Dining Hall 900099 549223 549223 0 0 Snack shop and Bookstore 900099 10226 10226 0 0 0 0 0 0 4295642 190827 190827 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Student Loan Interest 900099 5532 5532 0 0 Other Income 900099 27863 27863 0 0 0 0 0 0 33395 6366143 4519864 0 0 0 0 916817 916817 0 0 0 0 304627 94059 160408 50160 0 0 0 0 1916258 1384288 453423 78547 0 0 0 0 580973 384500 163064 33409 0 0 0 0 0 0 0 0 0 0 0 0 45500 0 45500 0 0 0 0 0 7069 7069 0 0 0 0 0 0 0 0 47625 0 47625 0 252874 110413 67511 74950 3258 0 3258 0 0 0 0 0 269448 116899 152549 0 185761 30998 14574 140189 0 0 0 0 20701 0 20701 0 66967 0 66967 0 0 0 0 0 238657 174885 58595 5177 60650 0 60650 0 Allocation of M & G and O & M of Plant 0 873327 -971378 98051 Cafeteria direct cost of operation 278868 278868 0 0 Bad debts 106970 0 106970 0 Intercollegiate athletics 101535 0 101535 0 Instructional Supplies 80348 80348 0 0 406020 90754 293529 21737 5890926 4536156 845481 509289 1511598 636211 499801 685464 127115 119973 200000 172396 221074 1600 5796 14589565 4608474 9912583 9981091 74338 276564 181431 1008558 12680862 12934731 120165 85795 54239 3622181 3609452 125514 140584 2026698 1596273 5948797 5432104 X 5106364 5533227 98736 421746 1526965 1547654 6732065 7502627 12680862 12934731 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 968379 43935 151170 12195 0 0 1151289 1088903 91625 -212149 0 0 0 968379 0 1 0 1 1 1 62500 5326019 5388519 0 6342095 2437467 3904628 0 0 0 0 0 2844513 2171007 673506 0 14438 0 14438 9981091 Funds invested with FWB Foundation 989558 F Annuity Contract 19000 F 1008558 Student Deposits and Agency Funds 232565 Accrued Salaries and wages 132796 Asset Retirement Obligation - Asbestos Removal 229366 Excess Pension Plan Liabilities 1001546 1596273 6366143 5890926 475217 0 0 0 0 295345 295345 770562 5413597 0 0 0 0 0 5413597 0 952546 952546 6366143 4938380 0 0 0 0 0 4938380 0 952546 952546 5890926 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Earnings from Endowment funds are designated by donor to be used either for unrestricted operations or to be awarded to students in the form of scholarships based on eligibility requirements which were established by the donor trust document. SchD_P10_S00_L00 Schedule D, Part X Management has determined that the College has no activities that would lead to income tax liabilities, further all activities generating revenue are in furtherance of the College's tax exempt purpose. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Decrease in excess pension liability SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Expenses of Permanently Restricted funds amounting to $35,729 netted to revenues for Financial Statement purposes and Scholarships of $916,817 netted against tuition fees in the financial statements SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Please refer to explanation relating to reconciliation of revenues - the components are identical. 1 1 0 We do not serve a localized community but a denominational constitutency. While we have on occasion advertised our racially non-discriminatory policy in local newspapers, we have not done this annually. Our catolog which is the basis for communicating school policies to our true constituency of prospective students in the denomination (and all others who inquire), always contains notice of our non-discriminatory policy. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The College receives from the Department of Education funds for Federal Work Study program of $16,676 and the Supplemental Educational Opportunity Grant of $16,892. 1 1 Scholarships to eligible students who meet the criteria of the College and / or the trust instruments which established the scholarship fund. 180 916817 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 These amounts for assistance to individuals relate entirely to scholarships granted to students who meet the eligibity criteria of the College and / or the trust instruments which established the scholarship fund. F990_P04_S00_L26 Form 990, Part IV, Line 26 Loan to former board member which had an outstanding balance of $200,000 at June 30, 2009, was fully allowed for and no amount remains on the balance sheet at June 30, 2010. F990_P04_S00_L28a Form 990, Part IV, Line 28a This question is answered no because Schedule L is not applicable due to thresholds, the following disclosure is made regarding a consulting contract between the College and a former member of the Board of Trustees - Bob Bass. This contract is for engineering and other consulting services regarding the College's potential relocation of its campus to Gallatin, TN. This contract compensated Mr. Bass $5,200 per month for a cumulative annual amount of $62,400. F990_P05_S00_L01a Form 990, Part V, Line 1a The College files its form 1099's electronically without filing form 1096. The number entered is based on an internal count. F990_P05_S00_L02a Form 990, Part V, Line 2a The College files its W - 2's electronically and is not required to file Form W - 3. The number entered is based on an internal count. F990_P05_S00_L07b Form 990, Part V, Line 7b No such contributions were received. F990_P05_S00_L07g Form 990, Part V, Line 7g No such contributions were received. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The return is emailed to members of the Board of Trustees for review and approval prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Annually each member of the Board of Trustees is required to disclose holdings, in order to determine if a conflict exists. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Reviewed and approved by the Board of Trustees and so documented in the minutes of those meetings. This procedure is followed for all officers of the College. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Upon written request the College makes its governing douments, conflict of interest policy and financial statements available. Further, the College's financials statements are presented annually at the FWB National Convention. Form 990 is available on the Guidestar website. SchR_P05_S00_L01i Schedule R, Part V, Line 1i Randall House Publications operates the College's bookstore, and pays the College $2,500 for use of facilities. National Assoc of Free Will Baptists Inc 5233 Mt View Rd Antioch TN 37013 581542098 Cooridinates Annual Convention TN 170 (b)(1)(A)(l) Yes N/A Free Will Baptist Foundation 5233 Mt View Road Antioch TN 37013 621172550 Holds and invests certain College funds TN 170 (B)(1)(A)(l) Yes N/A Randall House Publications of Natl Assoc of FWB 114 Bush Road Nashville TN 37217 620676318 Publishing house of Free Will Baptists TN 170 (B)(1)(A)(l) yes N/A 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 Randall House Publications of Natl Assoc of FWB i 2500 Extension filed and approved.