Emmaus Bible College
- Assets
- $12.9m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 274
- Location
- Dubuque, IA
- Founding
- 10/1947
- Data as of
- 06/2021
- EIN
- 36-2270695
Organization Overview
Emmaus Bible College is located in Dubuque, IA. The organization was established in 1947. 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, Emmaus Bible College employed 274 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emmaus 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, Emmaus Bible College generated $8.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $7.7m 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
TO GLORIFY GOD BY EDUCATING AND EQUIPPING LEARNERS TO IMPACT THE WORLD FOR CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE OFFERS ACADEMIC PROGRAMS IN BIBLICAL STUDIES, TEACHER EDUCATION, EDUCATIONAL MINISTRIES, COUNSELING PSYCHOLOGY, BUSINESS ADMINISTRATION, COMPUTER INFORMATION SYSTEMS, AND INTERCULTURAL STUDIES. DURING FISCAL YEAR 2021, 168 FTE STUDENTS RECEIVED HIGHER EDUCATION.
THE COLLEGE PROVIDED ROOM AND BOARD TO AN AVERAGE OF 125 STUDENTS DURING THE FISCAL YEAR. OTHER ON CAMPUS AUXILIARY ENTERPRISES AVAILABLE TO STUDENTS INCLUDE THE CAMPUS BOOKSTORE, COFFEE SHOP, AND CAFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Boom President | OfficerTrustee | 40 | $78,242 |
Joseph Abdy Vice President For Admin/finance | Officer | 40 | $66,161 |
Lisa Beatty Vice President For Academic Affairs | Officer | 40 | $65,118 |
Tom Kook Vice President Of Enrollment/mktg | Officer | 40 | $63,251 |
Israel Chavez Vice President Of Student Life | Officer | 40 | $57,845 |
Chad Cunningham Vice President Of Advancement | Officer | 40 | $47,715 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $925,496 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,993,893 |
| Noncash contributions included in lines 1a–1f | $313,008 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,919,389 |
| Total Program Service Revenue | $4,006,844 |
| Investment income | $8,755 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,475 |
| Net Gain/Loss on Asset Sales | $380,438 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,357 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,386,656 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,898,803 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $562,303 |
| Compensation of current officers, directors, key employees. | $73,324 |
| Compensation to disqualified persons | $89,336 |
| Other salaries and wages | $2,530,435 |
| Pension plan accruals and contributions | $37,303 |
| Other employee benefits | $416,421 |
| Payroll taxes | $185,156 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,040 |
| Fees for services: Accounting | $35,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $254,274 |
| Advertising and promotion | $39,014 |
| Office expenses | $148,001 |
| Information technology | $29,631 |
| Royalties | $0 |
| Occupancy | $377,316 |
| Travel | $68,639 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,369 |
| Interest | $55,047 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $341,549 |
| Insurance | $19,947 |
| All other expenses | $153,875 |
| Total functional expenses | $7,669,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $483,331 |
| Pledges and grants receivable | $109,545 |
| Accounts receivable, net | $115,488 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $61,293 |
| Prepaid expenses and deferred charges | $22,220 |
| Net Land, buildings, and equipment | $4,764,474 |
| Investments—publicly traded securities | $2,849,064 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,527,524 |
| Total assets | $12,932,939 |
| Accounts payable and accrued expenses | $287,992 |
| Grants payable | $0 |
| Deferred revenue | $199,609 |
| 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 | $1,276,361 |
| Unsecured mortgages and notes payable | $10,400 |
| Other liabilities | $504,459 |
| Total liabilities | $2,278,821 |
| Net assets without donor restrictions | $4,316,344 |
| Net assets with donor restrictions | $6,337,774 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,932,939 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Emmaus Bible College has recieved totaling $215,000.
| Awarding Organization | Amount |
|---|---|
Perrin Foundation Inc Montclair, NJ PURPOSE: GENERAL CHARITABLE | $215,000 |
Endowment Analysis
| Beg. Balance | $1,520,110 |
| Earnings | $248,971 |
| Net Contributions | $15,949 |
| Grants | $100,077 |
| Ending Balance | $1,684,953 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Presentation College Aberdeen, SD | $36,433,181 | $19,581,252 |
York University York, NE | $42,566,990 | $20,406,355 |
Eureka College Eureka, IL | $56,922,231 | $15,083,076 |
Bellin College Inc Green Bay, WI | $39,042,736 | $15,163,582 |
Cox College Springfield, MO | $0 | $12,064,783 |
East-West University Inc Chicago, IL | $90,912,569 | $10,650,646 |
Faith Baptist Bible College Ankeny, IA | $19,003,759 | $8,759,376 |
Emmaus Bible College Dubuque, IA | $12,932,939 | $8,386,656 |
Central Christian College Of The Bible Moberly, MO | $12,273,355 | $9,994,557 |
Olivet Nazarene University Foundation Bourbonnais, IL | $189,458,744 | $9,125,280 |
Wayne State Foundation Wayne, NE | $38,404,095 | $5,612,545 |