Apostolic Faith Church Bible College Inc is located in Baxter Springs, KS. The organization was established in 1977. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 12/2021, Apostolic Faith Church Bible College Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apostolic Faith Church Bible College 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 12/2021, Apostolic Faith Church Bible College Inc generated $755.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $512.9k during the year ending 12/2021. While expenses have increased by 4.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATION OPPORTUNITIES FOR INDIVIDUALS TO DEVELOP ACADEMICALLY AND INTELLECTUALLY IN A CHRISTIAN EDUCATIONAL PROGRAM TO SERVE GOD AND THEIR FELLOW MAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE PROVIDES MANY PROGRAMS OF STUDY WITH HIGH ACADEMIC
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Synder Chairman | Trustee | 1 | $0 |
Jim Boyd Vice-Chairman | Trustee | 1 | $0 |
Tony Brown Secretary | Trustee | 1 | $0 |
Joel Dorris Director | Trustee | 1 | $0 |
Homer Allen Director | Trustee | 1 | $0 |
Calvin Harris Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,500 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $749,377 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $751,877 |
Total Program Service Revenue | $0 |
Investment income | $3,784 |
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 | $755,661 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $88,687 |
Grants and other assistance to domestic individuals. | $2,900 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $153,347 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,426 |
Payroll taxes | $11,921 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,365 |
Office expenses | $32,404 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $130,349 |
Travel | $62,381 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $21,148 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $512,928 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $59,821 |
Savings and temporary cash investments | $233,335 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $38,626 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $617,877 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $949,659 |
Accounts payable and accrued expenses | $1,651 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $1,651 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $948,008 |
Total liabilities and net assets/fund balances | $949,659 |
Over the last fiscal year, Apostolic Faith Church Bible College Inc has awarded $17,100 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
LIVING FAITH PURPOSE: Scholarshi | $12,100 |
Phoenix, AZ PURPOSE: Housing | $5,000 |
Over the last fiscal year, we have identified 1 grants that Apostolic Faith Church Bible College Inc has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: EDUCATIONAL | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
College Of The Ozarks Point Lookout, MO | $787,489,229 | $134,988,466 |
Benedictine College Atchison, KS | $163,686,664 | $96,440,027 |
Ottawa University Ottawa, KS | $107,254,264 | $83,319,178 |
Drury University Springfield, MO | $197,297,672 | $75,721,067 |
Nebraska Wesleyan University Lincoln, NE | $157,848,451 | $80,524,359 |
Oklahoma Baptist University Shawnee, OK | $289,242,729 | $80,964,114 |
Oklahoma Christian University Inc Oklahoma City, OK | $129,228,959 | $77,254,883 |
Doane University Crete, NE | $228,017,136 | $66,548,317 |
Evangel University Of The Assemblies Of God Springfield, MO | $85,500,586 | $68,026,521 |
Midland University Fremont, NE | $77,234,714 | $60,429,384 |
Central Methodist University Fayette, MO | $161,128,391 | $65,752,214 |
William Jewell College Liberty, MO | $138,174,507 | $49,377,846 |