Dayspring Bible College And Seminary Inc

Organization Overview

Dayspring Bible College And Seminary Inc is located in Lake Zurich, IL. The organization was established in 2001. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2024, Dayspring Bible College And Seminary Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dayspring Bible College And Seminary Inc 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 06/2024, Dayspring Bible College And Seminary Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.4m during the year ending 06/2024. While expenses have increased by 5.4% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE BIBLE-BASED EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE BIBLE-BASED EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Jim Scudder Jr
President
$0
Gary Birginal
Trustee
$0
Pastor Tom Cucuzza
Trustee
$0
Dr James Stringer
Trustee
$0
Sal Reyes
Treasurer
$0
Dr Robert Tanney
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$697,914
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$697,914
Total Program Service Revenue$680,407
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 $1,381,697

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CROSSROADS BIBLE COLLEGE INC c/o College of Biblical Studies
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$1,844,466
Saint Josephs College
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$4,537,677
Reach Education Fund
Worth, IL
$2,066,926
Dayspring Bible College And Seminary Inc
Lake Zurich, IL
$1,381,697
Trinity College Of The Bible
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$2,089,991
Union Bible College Inc
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$1,197,597
Rock Valley College Foundation
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$2,227,378

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