Eternity Bible College
- Assets
- $287.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 22
- Location
- Simi Valley, CA
- Founding
- 08/2014
- Data as of
- 06/2021
- EIN
- 27-3002117
Organization Overview
Eternity Bible College is located in Simi Valley, CA. The organization was established in 2014. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Eternity Bible College employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eternity Bible 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 06/2021, Eternity Bible College generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $970.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE AND EQUIP DISCIPLES TO LOVE GOD AND LOVE PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING EDUCATION EBC OFFERS A BACHELOR OF BIBLICAL STUDIES WHICH IS A FOUR YEAR PROGRAM AND SEVERAL CERTIFICATE PROGRAMS RANGING FROM ONE TO TWO YEARS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Lovejoy Treasurer | OfficerTrustee | 2 | $0 |
Douglas Grossman Secretary | OfficerTrustee | 2 | $0 |
Spencer Maccuish President CEO | OfficerTrustee | 40 | $0 |
Brant Nave Chairman | OfficerTrustee | 2 | $0 |
Aldelbert Owyoung Member | Trustee | 2 | $0 |
Paul Barker Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $252,536 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,118,531 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,584 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $519,089 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,455 |
| Payroll taxes | $46,894 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,690 |
| Fees for services: Accounting | $4,918 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,029 |
| Advertising and promotion | $10,983 |
| Office expenses | $1,967 |
| Information technology | $31,518 |
| Royalties | $0 |
| Occupancy | $71,199 |
| Travel | $299 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $320 |
| Interest | $2,543 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,111 |
| Insurance | $11,601 |
| All other expenses | $0 |
| Total functional expenses | $970,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $215,814 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,480 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,209 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,400 |
| Total assets | $287,163 |
| Accounts payable and accrued expenses | $73,428 |
| Grants payable | $0 |
| Deferred revenue | $20,256 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $30,000 |
| Other liabilities | $0 |
| Total liabilities | $123,684 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $163,479 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Eternity Bible College has recieved totaling $17,266.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $10,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $7,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $266 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scripps College Claremont, CA | $617,457,507 | $98,616,217 |
California College Of The Arts San Francisco, CA | $203,468,162 | $107,701,190 |
Vanguard University Of So Ca Costa Mesa, CA | $81,753,319 | $83,351,301 |
Harvey Mudd College Claremont, CA | $659,151,438 | $77,731,780 |
The Masters University And Seminary Santa Clarita, CA | $147,412,644 | $80,766,902 |
William Jessup University Rocklin, CA | $119,510,265 | $60,123,299 |
Pitzer College Claremont, CA | $349,158,922 | $62,327,201 |
Pacific Union College Angwin, CA | $98,736,096 | $48,958,321 |
Menlo College Atherton, CA | $48,235,643 | $52,004,358 |
Corban University Salem, OR | $26,227,993 | $40,955,830 |
Arizona Christian University Glendale, AZ | $57,965,116 | $41,715,936 |
Simpson University Redding, CA | $52,447,499 | $43,472,556 |