Heritage Baptist College
- Assets
- $496.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, IN
- Founding
- 07/2008
- Data as of
- 04/2022
- EIN
- 26-0693179
Organization Overview
Heritage Baptist College is located in Franklin, IN. The organization was established in 2008. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Baptist College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Heritage Baptist College generated $149.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $130.8k during the year ending 04/2022. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCATION - 25 STUDENTS. THIS SCHOOL IS ENGAGED IN COLLEGE LEVEL EDUCATION WITH THE PREDOMINANT EMPHASIS ON RELIGION AND RELATED FIELDS OF SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Russell Dennis Jr President | 50 | $30,000 | |
Rev David Halcomb Vice President | 40 | $27,600 | |
Rev David Ball Secretary Treas | 1 | $0 | |
Rev Daniel Dennis Trustee | 0 | $0 | |
Rev James Lyle Trustee | 0 | $0 | |
Rev Gerald Stokes Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,341 |
| Total Program Service Revenue | $19,159 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $149,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,861 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $65,578 |
| Printing, publications, postage, and shipping | $1,399 |
| Other expenses | $0 |
| Total expenses | $130,838 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,435 |
| Other assets | $0 |
| Total assets | $496,289 |
| Total liabilities | $67,000 |
| Net assets or fund balances | $429,289 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Heritage Baptist College has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Millikin University Decatur, IL | $270,927,180 | $97,576,221 |
College Of The Ozarks Point Lookout, MO | $787,489,229 | $134,988,466 |
Beloit College Beloit, WI | $210,386,491 | $86,166,985 |
Knox College Galesburg, IL | $294,322,347 | $90,404,751 |
Wabash College Crawfordsville, IN | $537,122,152 | $89,745,763 |
Earlham College Richmond, IN | $378,034,692 | $128,405,386 |
Drury University Springfield, MO | $197,297,672 | $75,721,067 |
Hanover College Trustees Hanover, IN | $246,034,374 | $66,713,330 |
University Of Saint Francis Of Fort Wayne Indiana Inc Fort Wayne, IN | $133,868,306 | $78,578,588 |
Illinois Wesleyan University Bloomington, IL | $377,291,473 | $72,297,405 |
Manchester University Inc North Manchester, IN | $163,832,946 | $68,391,881 |
University Of Pikeville Pikeville, KY | $170,248,135 | $76,149,836 |