STRATEGY STUDIO / PUBLIC DATA EXPLORER

FAITH BAPTIST BIBLE COLLEGE: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
FAITH BAPTIST BIBLE COLLEGE (EIN 47-0394397)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-05-14
IRS object ID
201221359349306407
Schema version
2010v3.2
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

FieldValueIRS element (for citing)
Timestamp2012-05-14T15:36:07-07:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1DELMAR R MOHLER CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line12455 SCENIC VALLEY DRAddressLine1
CityWEST DES MOINESCity
StateIAState
ZIP Code502657707ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN470394397EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1FAITH BAPTIST BIBLE COLLEGEBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlFAITNameControl
Phone5159640601Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11900 NW FOURTH STREETAddressLine1
CityANKENYCity
StateIAState
ZIP Code500232152ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDANIEL BJOKNEName
TitleVICE PRESIDENTTitle
Phone5159640601Phone
Date Signed2012-05-14DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameDELMAR R MOHLER CPAName
Phone5152827250Phone
Date Prepared2012-05-14DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonDR JAMES D MAXWELL IIINameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11900 NW FOURTH STREETAddressLine1
CityANKENYCity
StateIAState
ZIP Code500232152ZIPCode
FieldValueIRS element (for citing)
Gross Receipts14825710GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitewww.faith.eduWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1921YearFormation
State Legal DomicileIAStateLegalDomicile
Activity Or Mission DescriptionPost 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 Body18NbrVotingMembersGoverningBody
Nbr Independent Voting Members18NbrIndependentVotingMembers
Total Nbr Employees288TotalNbrEmployees
Total Nbr Volunteers50TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year757481ContributionsGrantsPriorYear
Contributions Grants Current Year1077567ContributionsGrantsCurrentYear
Program Service Revenue Prior Year6876816ProgramServiceRevenuePriorYear
Program Service Revenue CY6541687ProgramServiceRevenueCY
Investment Income Prior Year1602121InvestmentIncomePriorYear
Investment Income Current Year1148646InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year9236418TotalRevenuePriorYear
Total Revenue Current Year8767900TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1044902GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY1068006GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year4230008SalariesEtcPriorYear
Salaries Etc Current Year3370542SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY6000TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year54920TotalFundrsngExpCurrentYear
Other Expense Prior Year3419191OtherExpensePriorYear
Other Expenses Current Year3250793OtherExpensesCurrentYear
Total Expenses Prior Year8694101TotalExpensesPriorYear
Total Expenses Current Year7695341TotalExpensesCurrentYear
Revenues Less Expenses Prior Year542317RevenuesLessExpensesPriorYear
Revenues Less Expenses CY1072559RevenuesLessExpensesCY
Total Assets BOY17313737TotalAssetsBOY
Total Assets EOY18104499TotalAssetsEOY
Total Liabilities BOY2329493TotalLiabilitiesBOY
Total Liabilities EOY2047696TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY14984244NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY16056803NetAssetsOrFundBalancesEOY
Mission DescriptionPost secondary and graduate educational institutionMissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense3914537Expense
Grants1068006Grants
Revenue4168162Revenue
DescriptionPOST SECONDARY EDUCATIONAL INSTITUTION - COLLEGE STUDENTS (FALL-325); (SPRING-316) 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

FieldValueIRS element (for citing)
Expense296233Expense
Revenue256618Revenue
DescriptionGRADUATE EDUCATION INSTITUTION - SEMINARY STUDENTS (FALL - 39); (SPRING - 39) 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

FieldValueIRS element (for citing)
Expense1952860Expense
Revenue2116907Revenue
DescriptionAUXILIARY 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
FieldValueIRS element (for citing)
Total Program Service Expense6163630TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchooltrueSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With109682NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees288NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledtrueForm8899Filed
Form1098 C FiledtrueForm1098CFiled
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members18NbrVotingGoverningBodyMembers
Number Independent Voting Members18NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledIAStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1DANIEL BJOKNEBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number5159640601TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11900 NW 4TH STREETAddressLine1
CityANKENYCity
StateIAState
ZIP Code500232152ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (24 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployeeFormerFormer
ROGER BISHOP
Director/Treasurer3.00X000
JAMES S BRYAN
Director/Secretary3.00X000X
ROBERT J FIELDS
Director3.00X000
JAMES M FRAZIER
Director3.00X000
MILES GRISMORE
Director3.00X000
JOSEPH HAYES
Director3.00X000
ROBERT HOUCHIN
Director3.00X000
DON JOHNSTON
Director3.00X000
WILLIAM D LIVENGOOD
Director3.00X000
PAUL MANN
Director3.00X000
EUGENE M MATLOCK
Director3.00X000
IVAN MOORE
Director3.00X000
CHARLES NILIUS JR
Director3.00X000
DAVID A PENROD
Director3.00X000
RONALD J PHILIPS
Director3.00X000
JAMES RANDOLPH
Director and Chairman3.00X000X
GLENN ROHRBACH
Director3.00X000
ARVIN TARBELL
Director3X
JAMES D MAXWELL III
President4091942XX
PATRICK B ODLE
Vice President4043482X
DANIEL R DARK
Vice President4036701XX
JOHN HARTOG III
Vice President4086200XX
JOHN HARTOG II
Vice President4070350XX
DAN BJOKNE
Vice President40X
FieldValueIRS element (for citing)
Total Reportable Comp From Org328675TotalReportableCompFromOrg
Number Individuals GT100 K0NumberIndividualsGT100K
Formers ListedtrueFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
WELLS FARGO
PAYMENT REMITTANCE CENTER P O BOX 6CAROL STREAMLA60976Credit card payments203812
WELLMARK BLUE CROSS BLUE SHIELD
P O BOX 10353DES MOINESIA50306Group medical insurance308655
JESTER INSURANCE SERVICES
303 WATSON POWELL JR WAY STE 300DES MOINESIA503054779Insurance Broker115020
MIDAMERICAN ENERGY COMPANY
P O BOX 8020DAVENPORTIA528088020Utilities - Gas & electric177189
REGULAR BAPTIST PRESS
1300 N MEACHAM ROADSCHAUMBURGIL601734806Books and publications137476
FieldValueIRS element (for citing)
Number Of Contractors GT100 K5NumberOfContractorsGT100K
All Other Contributions1077567AllOtherContributions
Noncash Contributions150000NoncashContributions
Total Contributions1077567TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumn
Tuition and Fees9000994396291
Auxiliary enterprises6117102116907
Miscellaneous fees90009928489
FieldValueIRS element (for citing)
Total Program Service Revenue6541687TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1005654TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities6129491Securities
Other71311Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities5907810Securities
Other150000Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities221681Securities
Other-78689Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column142992TotalRevenueColumn
Related Or Exempt Function Income142992RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column8767900TotalRevenueColumn
Related Or Exempt Function Income7690333RelatedOrExemptFunctionIncome

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total1068006Total
Program Services1068006ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total291974Total
Program Services162532ProgramServices
Management And General129442ManagementAndGeneral
Fundraising0Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total2430333Total
Program Services2094304ProgramServices
Management And General314608ManagementAndGeneral
Fundraising21421Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total110778Total
Program Services86472ProgramServices
Management And General23187ManagementAndGeneral
Fundraising1119Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total387976Total
Program Services302850ProgramServices
Management And General81208ManagementAndGeneral
Fundraising3918Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total149481Total
Program Services116683ProgramServices
Management And General31288ManagementAndGeneral
Fundraising1510Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total66500Total
Program Services0ProgramServices
Management And General66500ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total6000Total
Fundraising6000Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total30984Total
Program Services30984ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total216619Total
Program Services0ProgramServices
Management And General216619ManagementAndGeneral
Fundraising0Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total429015Total
Program Services364663ProgramServices
Management And General64352ManagementAndGeneral
Fundraising0Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total112705Total
Program Services85393ProgramServices
Management And General14933ManagementAndGeneral
Fundraising12379Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total48269Total
Program Services41297ProgramServices
Management And General6972ManagementAndGeneral
Fundraising0Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total22907Total
Program Services0ProgramServices
Management And General22907ManagementAndGeneral
Fundraising0Fundraising

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total610674Total
Program Services244270ProgramServices
Management And General366404ManagementAndGeneral
Fundraising0Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total120227Total
Program Services104844ProgramServices
Management And General15383ManagementAndGeneral
Fundraising0Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
Supplies72014771297543472825
Postage and shipping323762608536112680
Leases225202147184780180
Telephone35183277357205243
Printing and copies7039547985224100

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total509590Total
Program Services499368ProgramServices
Management And General7397ManagementAndGeneral
Fundraising2825Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total7695341Total
Program Services6163630ProgramServices
Management And General1476791ManagementAndGeneral
Fundraising54920Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY797967BOY
EOY564593EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY71327BOY
EOY46811EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY398415BOY
EOY383178EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY5162BOY
EOY9459EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis15292493LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec7439921LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY8215086BOY
EOY7852572EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY7825780BOY
EOY9247886EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY17313737BOY
EOY18104499EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY126688BOY
EOY99674EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY1285678BOY
EOY1148822EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY917127BOY
EOY799200EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY2329493BOY
EOY2047696EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY10879493BOY
EOY11727874EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY630973BOY
EOY700221EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY3473778BOY
EOY3628708EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY14984244BOY
EOY16056803EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY17313737BOY
EOY18104499EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses1072559ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii
Public Support Total1700PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Pertcentage1700PublicSupportPertcentage170
Public Support Total5090PublicSupportTotal509
Public Support Percentage5090PublicSupportPercentage509
Investment Income Percentage0InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance3473778BeginningOfYearBalance
Contributions154930Contributions
End Of Year Balance3628708EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance3245301BeginningOfYearBalance
Contributions228477Contributions
End Of Year Balance3473778EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance3229658BeginningOfYearBalance
Contributions15643Contributions
End Of Year Balance3245301EndOfYearBalance
FieldValueIRS element (for citing)
Endowments Held By Unrelated OrgstrueEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis387049OtherCostOrOtherBasis
Book Value387049BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis9620652OtherCostOrOtherBasis
Depreciation3604076Depreciation
Book Value6016576BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis3627179OtherCostOrOtherBasis
Depreciation2840021Depreciation
Book Value787158BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis1657613OtherCostOrOtherBasis
Depreciation995824Depreciation
Book Value661789BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings7852572TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
Deferred giving payable$592,742
Deposits held for others$26,398
Accrued expenses$180,060
FieldValueIRS element (for citing)
Total Of Amounts799200TotalOfAmounts
Total Revenue8767900TotalRevenue
Total Expenses7695341TotalExpenses
Excess Or Deficit For Year1072559ExcessOrDeficitForYear
Excess Or Deficit Per FS1072559ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt8767900TotRevenueEtcAuditedFinclStmt
Revenue Subtotal8767900RevenueSubtotal
Total Revenue Per Form9908767900TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt7695341TotExpensesEtcAuditedFinclStmt
Expenses Subtotal7695341ExpensesSubtotal
Total Expenses Per Form9907695341TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierPt V Line 4Identifier
ExplanationThe endowment funds generally provide funds for scholarshipsExplanation

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmttrueNondiscriminatoryPolicyStmt
Policy Statement In Brochures EtctruePolicyStatementInBrochuresEtc
Policy Publ Via Broadcast MediatruePolicyPublViaBroadcastMedia
Maint Racial Composition RecordstrueMaintRacialCompositionRecords
Maint Scholarships RecordstrueMaintScholarshipsRecords
Maint Copies Of Brochures EtctrueMaintCopiesOfBrochuresEtc
Maint Copies Of All SolicitationstrueMaintCopiesOfAllSolicitations
Discriminate Race Students RightsfalseDiscriminateRaceStudentsRights
Discriminate Race Admiss PoliciesfalseDiscriminateRaceAdmissPolicies
Discriminate Race Emplmn FacultyfalseDiscriminateRaceEmplmnFaculty
Discriminate Race ScholarshipsfalseDiscriminateRaceScholarships
Discriminate Race Educ PoliciesfalseDiscriminateRaceEducPolicies
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFclts
Discriminate Race Athletic ProgfalseDiscriminateRaceAthleticProg
Discriminate Race Other ActyfalseDiscriminateRaceOtherActy
Government Financial Aid ReceivedfalseGovernmentFinancialAidReceived
Government Financial Aid RevokedfalseGovernmentFinancialAidRevoked
Compliance With Rev Proc7550trueComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII

FieldValueIRS element (for citing)
IdentifierLine 3Identifier
ExplanationTHE 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

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantScholarships funded by endowments,donations and institutional fundsTypeOfGrant
Number Of Recipients280NumberOfRecipients
Amount Of Cash Grant1044902AmountOfCashGrant
Method Of ValuationNot applicableMethodOfValuation
Description Of Non Cash AssistanceNot applicableDescriptionOfNonCashAssistance

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPt I Line 2Identifier
ExplanationNot applicable.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Written Policy Re T And E ExpensestrueWrittenPolicyReTAndEExpenses
Substantiation RequiredtrueSubstantiationRequired
Compensation CommitteeXCompensationCommittee
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgTotal Compensation Filing OrgTotalCompensationFilingOrg
DANIEL R DARK
3670136701
JOHN HARTOG III
8620086200
JOHN HARTOG II
7035070350

Schedule M IRS990ScheduleM

Real Estate Residential RealEstateResidential

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F990120000NoncashContribsRptdF990
Method Of Determining RevenuesAppraisal reportMethodOfDeterminingRevenues

Real Estate Commercial RealEstateCommercial

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F99030000NoncashContribsRptdF990
Method Of Determining RevenuesDiscounted appraisal reportMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftstrueReviewProcessUnusualNCGifts
Third Parties UsedfalseThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (61 entries)

IdentifierIdentifierExplanationExplanation
Pt VI-B, Line 12cFaith 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-B, Line 11aThe 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-B, Line 15The 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
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-C, Line 19The 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.