FAITH BAPTIST BIBLE COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- FAITH BAPTIST BIBLE COLLEGE (EIN 47-0394397)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-10
- IRS object ID
- 201341309349302999
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-10T15:30:35-07:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELMAR R MOHLER CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2455 SCENIC VALLEY DR | AddressLine1 |
| City | WEST DES MOINES | City |
| State | IA | State |
| ZIP Code | 502657707 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 470394397 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAITH BAPTIST BIBLE COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FAIT | NameControl |
| Phone | 5159640601 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 NW FOURTH STREET | AddressLine1 |
| City | ANKENY | City |
| State | IA | State |
| ZIP Code | 500232152 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DANIEL BJOKNE | Name |
| Title | VICE PRESIDENT FOR BUSINESS | Title |
| Phone | 5159640601 | Phone |
| Date Signed | 2013-05-10 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DELMAR R MOHLER CPA | Name |
| Phone | 5152827250 | Phone |
| Date Prepared | 2013-05-10 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DR JAMES D MAXWELL III | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 NW FOURTH STREET | AddressLine1 |
| City | ANKENY | City |
| State | IA | State |
| ZIP Code | 500232152 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7558259 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.faith.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1921 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | Post secondary and graduate educational institution The mission of Faith Baptist Bible College and Theological Seminary is to provide an intensive biblical, vocational, and general education on the college and post graduate level with the goal of preparing students to minister effectively in Christian Service in leadership positions. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 275 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 1077567 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1135171 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 6541687 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 6584798 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1148646 | InvestmentIncomePriorYear |
| Investment Income Current Year | -161710 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8767900 | TotalRevenuePriorYear |
| Total Revenue Current Year | 7558259 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1068006 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1183838 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3370542 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3638229 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 6000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 86164 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3250793 | OtherExpensePriorYear |
| Other Expenses Current Year | 3174555 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 7695341 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7996622 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1072559 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -438363 | RevenuesLessExpensesCY |
| Total Assets BOY | 18104499 | TotalAssetsBOY |
| Total Assets EOY | 17541359 | TotalAssetsEOY |
| Total Liabilities BOY | 2047696 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1922919 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 16056803 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 15618440 | NetAssetsOrFundBalancesEOY |
| Mission Description | Post secondary and graduate educational institution | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 4038904 | Expense |
| Revenue | 3944500 | Revenue |
| Description | POST SECONDARY EDUCATIONAL INSTITUTION - COLLEGE STUDENTS (FALL-300); (SPRING-279) THE MISSION OF FAITH BAPTIST BIBLE COLLEGE IS TO PROVIDE AN INTENSIVE BIBLICAL, VOCATIONAL, AND GENERAL EDUCATION ON THE COLLEGE LEVEL WITH THE GOAL OF PREPARING STUDENTS TO MINISTER EFFECTIVELY IN CHRISTIAN SERVICE THROUGH LEADERSHIP POSITIONS IN AND THROUGH FUNDAMENTAL BAPTIST CHURCHES AND OTHER ORGANIZATIONS OF LIKE CONVICTIONS. FAITH BAPTIST THEOLOGICAL SEMINARY EXISTS TO PROVIDE AN ADVANCED BIBLICAL, THEOLOGICAL, AND MINISTERIAL EDUCATION AT THE GRADUATE LEVEL WITH THE GOAL OF PREPARING BIBLE EXPOSITORS TO SERVE EFFECTIVELY IN CHRISTIAN MINISTRY THROUGH LEADERSHIP POSITIONS WITHIN BAPTIST FUNDAMENTALISM. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 289252 | Expense |
| Revenue | 258218 | Revenue |
| Description | GRADUATE EDUCATION INSTITUTION - SEMINARY STUDENTS (FALL - 34); (SPRING - 34) THE MISSION OF FAITH BAPTIST THEOLOGICAL SEMINARY IS TO PROVIDE AN ADVANCED BIBLICAL, THEOLOGICAL, AND MINISTERIAL EDUCATION AT THE GRADUATE LEVEL WITH THE GOAL OF PREPARING BIBLE EXPOSITORS TO SERVE EFFECTIVELY IN CHRISTIAN MINISTRY THROUGH LEADERSHIP POSITIONS WITHIN BAPTIST FUNDAMENTALISM. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2107197 | Expense |
| Revenue | 2291415 | Revenue |
| Description | AUXILIARY OPERATION THE AUXILIARY OPERATIONS PROVIDE ESSENTIAL SERVICES TO SUPPORT THE COLLEGE AND SEMINARY INCLUDING RESIDENTIAL HOUSING, FOOD SERVICES, A BOOK STORE, AND ATHLETIC ACTIVITIES IN SUPPORT OF THE STUDENTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 6435353 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 70 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 275 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | true | Form8899Filed |
| Form1098 C Filed | true | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DANIEL H BJOKNE | NamePerson |
| Telephone Number | 5159640601 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 NW FOURTH STREET | AddressLine1 |
| City | ANKENY | City |
| State | IA | State |
| ZIP Code | 50023 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| ROGER BISHOP | |||||||
| Director/Treasurer | 3.00 | X | 0 | 0 | 0 | ||
| JAMES S BRYAN | |||||||
| Director/Secretary | 3.00 | X | 0 | 0 | 0 | X | |
| JAMES M FRAZIER | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | ||
| MILES GRISMORE | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | ||
| JOSEPH HAYES | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | ||
| ROBERT HOUCHIN | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | ||
| DON JOHNSTON | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | X | |
| WILLIAM D LIVENGOOD | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | ||
| PAUL MANN | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | ||
| IVAN MOORE | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | ||
| CHARLES NILIUS JR | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | ||
| DAVID A PENROD | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | ||
| RONALD J PHILIPS | |||||||
| Director | 3.00 | X | 0 | 0 | 0 | ||
| JAMES RANDOLPH | |||||||
| Director and Chairman | 3.00 | X | 0 | 0 | 0 | X | |
| GLENN ROHRBACH | |||||||
| Director | 3 | X | |||||
| JOHN SAUSER | |||||||
| Director | 3 | X | |||||
| ARVIN TARBELL | |||||||
| Director | 3 | X | |||||
| JAMES D MAXWELL III | |||||||
| President | 40 | 93859 | X | X | |||
| GENE MATLOCK | |||||||
| Vice President | 40 | X | |||||
| DAN BJOKNE | |||||||
| Vice President | 40 | 30933 | X | ||||
| JEFF NEWMAN | |||||||
| Vice President | 40 | 58668 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 183460 | TotalReportableCompFromOrg |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| WELLS FARGO | |||||
| PAYMENT REMITTANCE CENTER P O BOX 6 | CAROL STREAM | LA | 60976 | Credit card payments | 242340 |
| WELLMARK BLUE CROSS BLUE SHIELD | |||||
| P O BOX 10353 | DES MOINES | IA | 50306 | Group medical insurance | 235330 |
| JESTER INSURANCE SERVICES | |||||
| 303 WATSON POWELL JR WAY STE 300 | DES MOINES | IA | 503054779 | Insurance Broker | 110063 |
| MIDAMERICAN ENERGY COMPANY | |||||
| P O BOX 8020 | DAVENPORT | IA | 528088020 | Utilities - Gas & electric | 162525 |
| SYSCO FOOD SERVICES OF IOWA INC | |||||
| 1300 1 SYSCO DRIVE | ANKENY | IA | 50021 | Books and publications | 231663 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 1135171 | AllOtherContributions |
| Total Contributions | 1135171 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn |
|---|---|---|
| Tuition and Fees | 900099 | 4204113 |
| Auxiliary enterprises | 611710 | 2291415 |
| Miscellaneous fees | 900099 | 89270 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 6584798 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -168461 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 6751 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 6751 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6751 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6751 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7558259 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6423088 | RelatedOrExemptFunctionIncome |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1183838 | Total |
| Program Services | 1183838 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 328576 | Total |
| Program Services | 141533 | ProgramServices |
| Management And General | 187043 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2573966 | Total |
| Program Services | 2239228 | ProgramServices |
| Management And General | 293176 | ManagementAndGeneral |
| Fundraising | 41562 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106499 | Total |
| Program Services | 87354 | ProgramServices |
| Management And General | 17620 | ManagementAndGeneral |
| Fundraising | 1525 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 476989 | Total |
| Program Services | 391242 | ProgramServices |
| Management And General | 78917 | ManagementAndGeneral |
| Fundraising | 6830 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 152199 | Total |
| Program Services | 124838 | ProgramServices |
| Management And General | 25181 | ManagementAndGeneral |
| Fundraising | 2180 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80482 | Total |
| Program Services | 49162 | ProgramServices |
| Management And General | 31320 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23350 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 23350 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 616294 | Total |
| Program Services | 330876 | ProgramServices |
| Management And General | 288818 | ManagementAndGeneral |
| Fundraising | -3400 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85467 | Total |
| Program Services | 51798 | ProgramServices |
| Management And General | 16238 | ManagementAndGeneral |
| Fundraising | 17431 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162888 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 162888 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 371290 | Total |
| Program Services | 370772 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 518 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146323 | Total |
| Program Services | 113858 | ProgramServices |
| Management And General | 18044 | ManagementAndGeneral |
| Fundraising | 14421 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34144 | Total |
| Program Services | 30089 | ProgramServices |
| Management And General | 4055 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87770 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 87770 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 358461 | Total |
| Program Services | 250923 | ProgramServices |
| Management And General | 107538 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120227 | Total |
| Program Services | 104844 | ProgramServices |
| Management And General | 15383 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Supplies | 837192 | 831995 | 2677 | 2520 |
| Postage and shipping | 46330 | 12587 | 31166 | 2577 |
| Leases | 174024 | 95746 | 78278 | 0 |
| Telephone | 30313 | 24670 | 5643 | 0 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7996622 | Total |
| Program Services | 6435353 | ProgramServices |
| Management And General | 1475105 | ManagementAndGeneral |
| Fundraising | 86164 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 564593 | BOY |
| EOY | 387109 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46811 | BOY |
| EOY | 66817 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 383178 | BOY |
| EOY | 315684 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9459 | BOY |
| EOY | 1836 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 15353586 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 7987386 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7852572 | BOY |
| EOY | 7366200 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9247886 | BOY |
| EOY | 9403713 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18104499 | BOY |
| EOY | 17541359 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 99674 | BOY |
| EOY | 88088 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1148822 | BOY |
| EOY | 700000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 799200 | BOY |
| EOY | 1134831 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2047696 | BOY |
| EOY | 1922919 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11727874 | BOY |
| EOY | 10972620 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 700221 | BOY |
| EOY | 623583 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3628708 | BOY |
| EOY | 4022237 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16056803 | BOY |
| EOY | 15618440 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18104499 | BOY |
| EOY | 17541359 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -438363 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Total170 | 0 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Pertcentage170 | 0 | PublicSupportPertcentage170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | InvestmentIncomePercentage |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3628708 | BeginningOfYearBalance |
| Contributions | 393529 | Contributions |
| End Of Year Balance | 4022237 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3473778 | BeginningOfYearBalance |
| Contributions | 154930 | Contributions |
| End Of Year Balance | 3628708 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3245301 | BeginningOfYearBalance |
| Contributions | 228477 | Contributions |
| End Of Year Balance | 3473778 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 387049 | OtherCostOrOtherBasis |
| Book Value | 387049 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9666747 | OtherCostOrOtherBasis |
| Depreciation | 3861923 | Depreciation |
| Book Value | 5804824 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3642177 | OtherCostOrOtherBasis |
| Depreciation | 3061793 | Depreciation |
| Book Value | 580384 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1657613 | OtherCostOrOtherBasis |
| Depreciation | 1063670 | Depreciation |
| Book Value | 593943 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 7366200 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Deferred giving payable | $600,540 |
| Deposits held for others | $24,072 |
| Accrued expenses | $170,483 |
| Charitable gift annuities payable | $339,736 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1134831 | TotalOfAmounts |
| Total Revenue | 7558259 | TotalRevenue |
| Total Expenses | 7996622 | TotalExpenses |
| Excess Or Deficit For Year | -438363 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -438363 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7558259 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 7558259 | RevenueSubtotal |
| Total Revenue Per Form990 | 7558259 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7996622 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 7996622 | ExpensesSubtotal |
| Total Expenses Per Form990 | 7996622 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt V Line 4 | The endowment funds generally provide funds for scholarships |
| FOR STUDENTS ATTENDING THE COLLEGE AND THE SEMINARY AS SET FORTH IN OPERATING AGREEMENTS PROVIDING CONDITIONS CREATED BY DONORS UPON RECEIPT OF THEIR DONATION. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Line 3 | Identifier |
| Explanation | THE INSTITUTION DOES NOT ADVERTISE IN THE NEWSPAPER NOR ARE WE INVOLVED IN THE BROADCAST MEDIA. OUR NONDISCRIMATION POLICY IS CLEARLY STATED IN OUR CATALOG. IT STATES, "ALL QUALIFIED APPLICATIONS WILL BE ACCEPTED REGARDLESS OF RACE, COLOR, AND NATIONAL ORIGIN." | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships funded by endowments,donations and institutional funds | TypeOfGrant |
| Number Of Recipients | 270 | NumberOfRecipients |
| Amount Of Cash Grant | 1183838 | AmountOfCashGrant |
| Method Of Valuation | Not applicable | MethodOfValuation |
| Description Of Non Cash Assistance | Not applicable | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Pt I Line 2 | Identifier |
| Explanation | Not applicable. | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (62 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI, Line 12c | Faith baptist Bible College and Theological Seminary |
| Conflict of Interest Policy provides that annually each | |
| member of its Board of Directors and Officers shall file | |
| a signed Annual Statement with the Secretary fo the Board | |
| of Directors acknowledging theat they have received a copy | |
| of the Faith Baptist Bible College and Theological Seminary | |
| Conflict of Interest Policy with they have read and | |
| understood. Further they affirm that they have complied | |
| with the policy and understood the requirements they | |
| must honor on behalf of Faith Baptist Bible College and | |
| Theological Seminary to protect and maintain its federal | |
| tax exemption. | |
| Pt VI, Line 11a | The Faith Baptist Bible College and Theological Seminary |
| IRS Form 990 was sent to each member of the Board of Directors | |
| prior to being filed with the Internal Revenue Service. | |
| The copy sent to each board member electronically was | |
| the "Public Inspection Copy" which does not include the | |
| information filed with teh Internal Revenue Service as | |
| IRS Form 990, Schedule B. | |
| Pt VI, Line 15 | The Faith Baptist Bible College and Theological Seminary |
| Executive Committee of its Board of Directors reviews a | |
| summary of compensation levels derived from other Form 990s | |
| and other public information sources for its President and | |
| Vice Presidents at least once every three years. The data | |
| is gathered from various sources including IRS Form 990s, | |
| surveys conducted by accrediting organizations, and various | |
| Form 990, Part IX, Line 24f | PRINTING AND COPIES |
| other public sources to establish compensation levels at | |
| similar institutions based upon organizational mission statements, | |
| size, theological similarities, scope of academic offerings, | |
| and various other identifying characteristics. The | |
| Executive Committee of the Board of Directors meets with the | |
| President. Each year the President's annual compensation is | |
| established following a similar procedure taking in to | |
| account various performance metrics with the comparison | |
| to other institutions being considered at least once | |
| every three years. The most recent comparison to other | |
| institutions took place during 2011. | |
| The President meets with the Executive Committee to review | |
| the compensation for each of the Vice Presidents using a | |
| procedure similar to the process described above is followed | |
| to determine annual compensation for each Vice President. | |
| At least once every three years comparison data is gathered, | |
| reviewd, and documented to assure an appropriate compensation | |
| levels for each Vice President. The last review with external | |
| comparison data was conducted in 2009. | |
| Pt VI, Line 19 | The Faith Baptist Bible College and Theological Seminary |
| IRS Form 990 is available for public inspection in its | |
| offices in Ankeny, Iowa during normal business hours each | |
| day from Monday through Friday, except on holidays. | |
| Written requests for a copy of the Faith Baptist Bible | |
| College and Theological Seminary IRS Form 990 are provided | |
| within 30 days of receiving a written request. In | |
| addition, the IRS Form 990 provided by the IRS is available | |
| to the public within a few months after being filed by the | |
| school at www.guidestar.org when one performs a search for | |
| Faith Baptist Bible College located in Ankeny, Iowa. For | |
| several years, Faith Baptist Bible College and Theological | |
| Seminary has filed a copy of its audited financial | |
| statements prepared by an independent audit firm with its | |
| IRS Form 990. Readers of this statement will find a copy attached | |
| to this IRS Form 990. |