Omega Bible Institute & Seminary Inc
- Assets
- $8.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, LA
- Founding
- 03/1993
- Data as of
- 12/2021
- EIN
- 72-1298218
Organization Overview
Omega Bible Institute & Seminary Inc is located in Monroe, LA. The organization was established in 1993. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Omega Bible Institute & 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 12/2021, Omega Bible Institute & Seminary Inc generated $56.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $56.6k during the year ending 12/2021. While expenses have increased by 4.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ADVANCED DEGREES AND STUDY OFFERED IN THEOLOGICAL AND RELEATED AREAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry A Harbuck President/director | 10 | $0 | |
Jan Harbuck Secretary/director | 5 | $0 | |
Jesus Guerrero Treasurer/director | 2 | $0 | |
Charles Henderson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,000 |
| Total Program Service Revenue | $48,793 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,797 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,294 |
| Professional fees and other payments to independent contractors | $6,169 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,359 |
| Other expenses | $15,822 |
| Total expenses | $56,644 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,116 |
| Other assets | $0 |
| Total assets | $8,321 |
| Total liabilities | $225 |
| Net assets or fund balances | $8,096 |
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