2025-05-15T15:43:53-05:00 2024-06-30 994625061 CRI ADVISORS LLC TWO RIVERWAY 15TH FLOOR HOUSTON TX 77056 990 2023-07-01 742016083 COLLEGE OF BIBLICAL STUDIES - HOUSTON COLL 7137855995 7000 REGENCY SQUARE HOUSTON TX 77036 DR BILL BLOCKER PRESIDENT 8322524626 2025-05-15 1 1 KRISTEN SIMPSON P01268482 7136218090 2025-05-14 2023 2025-03-06 01:10:19Z DR BILL BLOCKER 7000 REGENCY SQUARE HOUSTON TX 77036 12806023 0 X WWW.CBSHOUSTON.EDU X 1976 TX CBS PROVIDES ACCREDITED, BIBLICALLY-BASED UNDERGRADUATE EDUCATION FOR THE BODY OF CHRIST. 18 17 95 34 0 0 5685749 2138604 1863572 1918645 1058315 211081 364054 405284 8971690 4673614 0 0 0 0 5652787 6048197 0 0 499118 3093567 3167323 8746354 9215520 225336 -4541906 16385578 11382103 3172721 2743241 13212857 8638862 THE COLLEGE OF BIBLICAL STUDIES EXISTS TO GLORIFY GOD BY EDUCATING AND EQUIPPING MULTI-ETHNIC CHRISTIAN LEADERS TO IMPACT THE WORLD FOR CHRIST. 0 0 6880585 1918645 EACH YEAR, THE COLLEGE PROVIDES HIGHER EDUCATION TO MULTI-ETHNIC CHRISTIAN LEADERS IN HOUSTON, INDIANAPOLIS, ACROSS THE USA AND AROUND THE WORLD. 6880585 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 1 95 1 0 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X X X COLLEGE OF BIBLICAL STUDIES 7137855995 7000 REGENCY SQUARE HOUSTON TX 770363211 DR BILL BLOCKER PRESIDENT 40.00 X X 254551 0 117548 DAVID W TAUBER SR CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 JAMES L COWTHRAN VICE CHAIRMAN 1.00 X X 0 0 0 RALPH D MCBRIDE SECRETARY 1.00 X X 0 0 0 BARKSDALE HORTENSTINE TREASURER 1.00 X X 0 0 0 MATTHEW BARNES MEMBER 1.00 X 0 0 0 JAMES T FOX MEMBER 1.00 X 0 0 0 MICHAEL E GENTRY MEMBER 1.00 X 0 0 0 BRUCE E MUNSTERMAN REGENT 1.00 X 0 0 0 DAVID K OELFKE REGENT 1.00 X 0 0 0 THOMAS D OWENS MEMBER 1.00 X 0 0 0 LAURA A PETERSEN MD MPH MEMBER 1.00 X 0 0 0 LYNDEN B ROSE MEMBER 1.00 X 0 0 0 CARRIE SIMMONS SKIPTON MEMBER 1.00 X 0 0 0 REV IVORY L VARNER MEMBER 1.00 X 0 0 0 JENNIFER LAMPKIN MEMBER 1.00 X 0 0 0 JOHN E BREWSTER JR MEMBER 1.00 X 0 0 0 DIANA WANDIX-WHITE MEMBER 1.00 X 0 0 0 JACQUES CRAIG MEMBER 1.00 X 0 0 0 LANCE C ARMSTEAD AT LARGE 1.00 X X 0 0 0 PAUL KEITH VICE PRESIDENT/COO 40.00 X 152503 0 8750 EMMANUEL LALANDE VICE PRESIDENT OF STUDENT SERVICES 40.00 X 106525 0 10360 MICHAEL SHANE BOOTHE ASSOCIATE DEAN DISTANCE EDUCATION OPERATIONS 40.00 X 101674 0 12495 615253 0 149153 4 0 1 0 PYRAMID PARK PROPERTIES LLC 3500 DEPAUW BLVE SUITE 2060 INDIANAPOLIS IN 46268 INDIANAPOLIS CAMPUS RENTAL 434283 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 282603519 RECRUITMENT SERVICES 256910 BOXER PROPERTY MANAGEMENT 720 N POST OAK SUITE 500 HOUSTON TX 77024 PROPERTY MANAGEMENT 145168 INSPERITY PEO SERVICES 19001 CRESCENT SPRINGS DRIVE KINGWOOD TX 17339 HR SERVICES, PAYROLL AND BENEFITS 127912 4 36010 2102594 24951 2138604 TUITION AND FEES 611600 1918645 1918645 1918645 224502 224502 382483 0 382483 382483 382483 8118988 8132409 -13421 -13421 -13421 MISCELLANEOUS INCOME 900099 22801 22801 22801 4673614 1918645 0 616365 678752 483921 145852 48979 4200837 2995020 902685 303132 832559 593580 178902 60077 336049 239589 72211 24249 11510 6048 5003 459 17585 17585 564758 320063 218154 26541 380964 347515 27197 6252 96329 68558 22929 4842 178171 155659 18023 4489 596488 577655 18833 319425 267130 38788 13507 19078 13749 264 5065 3512 2371 1123 18 399625 350946 48679 123998 108931 15067 SAFETY & SECURITY 84729 57213 27091 425 TEXT BOOKS 59048 59048 REPAIRS 51779 46435 5344 ACCREDITATION 41040 27712 13122 206 219284 159442 58965 877 9215520 6880585 1835817 499118 544695 473163 3156450 1592950 371616 320092 95346 80688 10130788 6053473 4359913 4077315 5528788 2840373 2328770 1997522 16385578 11382103 479795 471208 36010 4262 2656916 2267771 3172721 2743241 X 10075495 6635840 3137362 2003022 13212857 8638862 16385578 11382103 X -4541906 -17089 -15000 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 237820 1335 1335 237820 582820 125000 1335 471335 237820 457820 125000 343 343 582820 277820 180000 164 164 457820 656713 40000 2969 421862 277820 0.00000 1.00000 0.00000 0 0 1500000 1500000 6420085 4306034 2114051 124568 25306 99262 968610 631251 337359 1117525 1090882 26643 4077315 DEPOSITS 64081 OPERATING LEASE ROU ASSETS 1865990 FINANCE LEASE ROU ASSETS 45737 ACCRUED INVESTMENT INTEREST 21714 1997522 OPERATING LEASE LIABILITIES 2218143 FINANCE LEASE LIABILITIES 49628 2267771 X 4953839 -17089 314899 297810 4656029 17585 17585 4673614 9357205 159270 159270 9197935 17585 17585 9215520 PART V, LINE 4: THE OBJECTIVES OF THE ENDOWMENTS ARE TO PROVIDE SUPPORT TO STUDENTS WHO NEED FINANCIAL AID THROUGH THE AWARDING OF SCHOLARSHIPS AS WELL AS PROVIDE SUPPORT TO DEFRAY COMPENSATION COSTS OF THE LIBRARY CHAIRPERSON. EARNINGS ON ENDOWMENT ASSETS (INTEREST) ARE REINVESTED UNTIL THE COLLEGE IDENTIFIES AN AMOUNT TO BE DISTRIBUTED IN ACCORDANCE WITH DONOR RESTRICTIONS. PART X, LINE 2: THE COLLEGE HAS RECEIVED FROM THE INTERNAL REVENUE SERVICE A DETERMINATION LETTER OF EXEMPTION FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ACCORDINGLY NO PROVISION HAS BEEN MADE FOR INCOME TAXES. THE COLLEGE ACCOUNTS FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT, THAT SUCH AN ASSET OR A LIABILITY WILL BE REALIZED. AS OF JUNE 30, 2024, MANAGEMENT BELIEVES THERE WERE NO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR CREDIT LOSSES 144,270. IMPACT OF ADOPTION OF ASC 326 170,629. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR CREDIT LOSSES 144,270. BAD DEBT EXPENSE 15,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ACADEMIC CATALOG; WEBSITE; BROCHURES; PRINT; HANDBOOKS; JOB ANNOUNCEMENTS. SCHEDULE E, PART I, LINE 6 CBS DISTRIBUTES DEPARTMENT OF EDUCATION PELL AND SEOG GRANTS FOR ELIGIBLE STUDENTS. X 1 0 X X 0 0 0 0 0 0 0 0 0 DR BILL BLOCKER PRESIDENT 254551 0 0 0 0 0 30000 0 87548 0 372099 0 0 0 PAUL KEITH VICE PRESIDENT/COO 152503 0 0 0 0 0 0 0 8750 0 161253 0 0 0 PART I, LINE 3 THE ORGANIZATION PAYS A HOUSING ALLOWANCE TO THE PRESIDENT. THE ALLOWANCE IS FORMALLY APROVED IN ADVANCE ANNUALLY BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES THE 990 TO ALL BOARD MEMBERS THROUGH THE REGULAR COURSE OF BUSINESS. THE 990 WAS MADE AVAILABLE TO BOARD MEMBERS BUT NOT PRIOR TO FILING. REVIEW WAS DONE BY THE CFO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ANNUAL DISCLOSURES REGARDING ANY POTENTIAL CONFLICTS OF INTEREST FROM ALL EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION COMPARES THE COMPENSATION OF ALL OFFICERS AND EMPLOYEES TO ORGANIZATIONS WITH SIMILAR REVENUES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S 990 AND 1023 ARE ALL AVAILABLE THROUGH WRITTEN REQUEST TO THE ORGANIZATION. THE 990 IS ALSO PROVIDED VIA A THIRD PARTY WEBSITE (GUIDESTAR). FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE THROUGH WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -15,000.