Pensacola Christian College Inc
- Assets
- $649.7m
- Revenue
- $172.6m
- Investments
- $9.8m
- Employees
- 4,559
- Location
- Pensacola, FL
- Founding
- 03/1960
- Data as of
- 05/2023
- EIN
- 59-0940532
Organization Overview
Pensacola Christian College Inc is located in Pensacola, FL. The organization was established in 1960. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 05/2023, Pensacola Christian College Inc employed 4,559 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pensacola Christian 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 05/2023, Pensacola Christian College Inc generated $172.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $169.7m during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pensacola Christian College Inc has awarded 51 individual grants totaling $30,590,178. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE CHRISTIAN EDUCATION AND RELATED ACTIVITIES.
Describe the Organization's Program Activity:
WE PROVIDE EDUCATION FOR COLLEGE STUDENTS. APPROXIMATELY 7,000 MEALS ARE PROVIDED FOR STUDENTS DAILY AS WELL AS HOUSING FOR APPROXIMATELY 3,800 STUDENTS. DEVELOP EDUCATIONAL CURRICULUM FOR KINDERGARTEN, ELEMENTARY, AND HIGH SCHOOL STUDENTS. CHRISTIAN TEXTBOOKS AND COURSE MATERIALS ARE PROVIDED TO STUDENTS AND TEACHERS. EDUCATIONAL CLINICS AND VIDEOS FOR EDUCATIONAL IMPROVEMENTS AND BOOKSTORES ARE PROVIDED AS WELL.
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 |
|---|---|---|---|
Dr Troy Shoemaker President | OfficerTrustee | 40 | $205,069 |
Jonathan E Lands | 40 | $173,879 | |
Michael Harrison | 40 | $148,561 | |
Raylene D Cochran | 40 | $136,151 | |
James Thompson II CFO | Officer | 40 | $127,109 |
Timothy Mclaughlin | 40 | $126,448 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rcg Global Services Inc Consulting | 5/30/23 | $4,622,861 |
Davis Roofing & Sheet Metal Llc Construction | 5/30/23 | $1,523,480 |
Valtech Consulting | 5/30/23 | $4,093,399 |
Morette Company Construction | 5/30/23 | $8,714,160 |
Southeastern Construction Construction | 5/30/23 | $2,429,841 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $39,314,216 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,628,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,942,768 |
| Total Program Service Revenue | $78,286,830 |
| Investment income | $8,746,781 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $32,436,580 |
| Net Rental Income | $8,012,735 |
| Net Gain/Loss on Asset Sales | $1,125,514 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,551,208 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,500 |
| 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. | $443,199 |
| Compensation of current officers, directors, key employees. | $443,199 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,243,973 |
| Pension plan accruals and contributions | $2,260,463 |
| Other employee benefits | $5,175,402 |
| Payroll taxes | $4,415,109 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $483,045 |
| Fees for services: Accounting | $114,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,878,953 |
| Advertising and promotion | $244,464 |
| Office expenses | $6,360,289 |
| Information technology | $10,996,981 |
| Royalties | $202,786 |
| Occupancy | $6,564,370 |
| Travel | $640,793 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,741,007 |
| Insurance | $3,719,658 |
| All other expenses | $4,780,063 |
| Total functional expenses | $169,682,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,165,572 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,719,038 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $287,149,844 |
| Inventories for sale or use | $3,264,284 |
| Prepaid expenses and deferred charges | $2,426,576 |
| Net Land, buildings, and equipment | $318,542,632 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,753,011 |
| Investments—program-related | $0 |
| Intangible assets | $21,246,093 |
| Other assets | $2,463,084 |
| Total assets | $649,730,134 |
| Accounts payable and accrued expenses | $11,793,917 |
| Grants payable | $0 |
| Deferred revenue | $7,562,765 |
| 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 | $2,999,994 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,224,441 |
| Total liabilities | $27,581,117 |
| Net assets without donor restrictions | $622,149,017 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $649,730,134 |
Grants Awarded
Over the last fiscal year, Pensacola Christian College Inc has awarded $18,196,096 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ABEKA ACADEMY INC PURPOSE: GENERAL SUPPORT | $13,600,183 |
CHRIS-TEX PURPOSE: GENERAL SUPPORT | $4,595,913 |