Southwestern Christian College
- Assets
- $4.7m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 27
- Location
- Terrell, TX
- Founding
- 12/1950
- Data as of
- 06/2021
- EIN
- 75-0891464
Organization Overview
Southwestern Christian College is located in Terrell, TX. The organization was established in 1950. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Southwestern Christian College employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwestern Christian 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, Southwestern Christian College generated $3.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 6 years. 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
ITS PURPOSE IS TO OFFER A HOLISTIC EDUCATIONAL PROGRAM THAT WILL MOTIVATE THE STUDENT TO VALUE AND ACHIEVE ACADEMIC EXCELLENCE WITHIN THE CONTEXT OF COMMITMENT TO MORAL AND SPIRITUAL VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUR-YEAR (LEVEL II) EDUCATIONAL COLLEGE (LIMITED TO BACHELORS DEGREE IN BIBLE AND RELIGIOUS EDUCATION) WITH A TWO-YEAR ASSOCIATE PROGRAM IN THE LIBERAL ARTS.
AUXILIARY ENTERPRISES INCLUDE INTERCOLLEGIATE ATHLETICS, RESIDENCE HALLS, FOOD SERVICES, POST OFFICE AND THE COLLEGES BOOKSTORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ervin Seamster President | Officer | 40 | $95,000 |
Joyce Cathey Controller | Officer | 40 | $37,134 |
Deborah Hodridge V P Of Academic Affairs | Officer | 40 | $26,000 |
Kenny Fox Controller | Officer | 40 | $24,000 |
Dr Douglas Howie V P Of Fiscal Affairs | Officer | 40 | $13,581 |
Dr John Dansby Board Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,679,702 |
| All other contributions, gifts, grants, and similar amounts not included above | $672,452 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,352,154 |
| Total Program Service Revenue | $929,837 |
| Investment income | $0 |
| 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 | $3,502,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $159,818 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $195,715 |
| Compensation of current officers, directors, key employees. | $195,715 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $272,769 |
| Total functional expenses | $3,062,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $726,945 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $474,749 |
| Accounts receivable, net | $267,093 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $111,700 |
| Net Land, buildings, and equipment | $3,122,936 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $43,363 |
| Total assets | $4,746,786 |
| Accounts payable and accrued expenses | $789,354 |
| 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 | $255,607 |
| Unsecured mortgages and notes payable | $44,000 |
| Other liabilities | $0 |
| Total liabilities | $1,088,961 |
| Net assets without donor restrictions | $3,120,117 |
| Net assets with donor restrictions | $537,708 |
| 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 | $4,746,786 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southwestern Christian College has recieved totaling $13,836.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,836 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bacone Baptist Church Muskogee, OK | $8,262,001 | $7,873,102 |
Tulsa Community College Foundation Tulsa, OK | $22,351,433 | $4,013,088 |
Shorter College North Little Rock, AR | $8,338,765 | $8,311,177 |
Dallas County Community College District Foundation Inc Dallas, TX | $68,087,017 | $10,311,935 |
Jacksonville College Jacksonville, TX | $5,355,399 | $5,417,972 |
Crowleys Ridge College Paragould, AR | $5,358,943 | $3,865,992 |
North Harris Montgomery Community College District Foundation The Woodlands, TX | $39,494,296 | $6,076,044 |
Southwestern Christian College Terrell, TX | $4,746,786 | $3,502,099 |
Northwest Arkansas Community College Foundation Inc Bentonville, AR | $44,091,991 | $5,872,868 |
Collin County Community College District Foundation Mckinney, TX | $19,576,624 | $3,346,139 |
Arkansas Community Colleges Foundation Little Rock, AR | $1,653,213 | $1,652,722 |
Seminole State College Educational Foundation Inc Seminole, OK | $13,840,348 | $1,498,225 |