College Of Biblical Studies-Houston

Organization Overview

College Of Biblical Studies-Houston is located in Houston, TX. The organization was established in 1979. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, College Of Biblical Studies-Houston employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Of Biblical Studies-Houston 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 06/2022, College Of Biblical Studies-Houston generated $8.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $8.5m during the year ending 06/2022. While expenses have increased by 4.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CBS PROVIDES ACCREDITED, BIBLICALLY- BASED UNDERGRADUATE EDUCATION FOR THE BODY OF CHRIST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EACH YEAR, THE MISSION OF THE COLLEGE OF BIBLICAL STUDIES IS TO PROVIDE A COLLEGE EDUCATION TO HOUSTON'S UNDERSERVED, WITH A PRIMARY FOCUS ON AFRICAN-AMERICAN AND OTHER ETHNIC MINORITY GROUPS. IN THE YEAR ENDING JUNE 30, 2021, THE COLLEGE EXPANDED ITS REACH EVEN MORE THROUGH DISTANCE EDUCATION. CBS PROVIDED TRAINING TO 410 STUDENTS DURING FALL AND SPRING SEMESTERS WHO ARE EARNING THEIR ACCREDITED BACHELOR OR ASSOCIATE DEGREES OR BIBLE CERTIFICATES.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Bill Blocker
President
$268,361
Paul Keith
Vice President/coo
$139,361
Albert B Chelladurai
Vice President/cfo
$103,453
Ralph D Mcbride
Secretary
$0
Barksdale Hortenstine
Treasurer
$0
David W Tauber Sr
Chairman Of The Board
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cp Pyramids Associates Lp
Rent For College Space In Indiana
$278,696
Pixelriver Technology Llc
Campus Wifi System
$120,773
American Express
Credit Card Provider
$235,334
Eternal Media Solutions Llc
Classroom Hyflex Setup
$299,771
Boxer Property Management
Property Management
$107,334
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,859,868
All other contributions, gifts, grants, and similar amounts not included above$4,183,094
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,042,962
Total Program Service Revenue$2,003,596
Investment income $343
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $444,802
Net Gain/Loss on Asset Sales $68,674
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $617
Miscellaneous Revenue$0
Total Revenue $8,568,117

Grants Recieved

Over the last fiscal year, we have identified 1 grants that College Of Biblical Studies-Houston has recieved totaling $57,778.

Awarding OrganizationAmount
Abc Charities Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED CONTRIBUTION

$57,778
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$457,820
Earnings$343
Net Contributions$125,000
Other Expense$343
Ending Balance$582,820

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