Southern Bible Institute & College
- Assets
- $1.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Dallas, TX
- Founding
- 04/1953
- Data as of
- 06/2021
- EIN
- 75-0891475
Organization Overview
Southern Bible Institute & College is located in Dallas, TX. The organization was established in 1953. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Southern Bible Institute & College employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Bible Institute & 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, Southern Bible Institute & College generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $703.1k during the year ending 06/2021. 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
WE ARE A BIBLE COLLEGE WHOSE MISSION IS TO EQUIP MEN AND WOMEN TO BE COMPETENT SERVANT LEADERS WITH A BIBLE CENTERED WORLD VIEW
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR FOCUS IS TO PREPARE INDIVIDUALS THROUGH RIGOROUS ACADEMIC INSTRUCTION, IN TRUTH OF HOLY SCRIPTURE, FOR MORE EFFECTIVE SERVICE IN THEIR HOME, CHURCH, COMMUNITY, AND IN THE WORLD. THE DESIRE IS TO PRODUCE GRADUATES WHO ARE SERVANT LEADERS IN THE MINISTRY FIELD REGARDLESS OF DENOMINATIONAL AFFILIATION AND DISTINCTIVELY MARKED BY SBIC'S BRANDING STATEMENT: "TIMELESS SERVANT LEADERSHIP ROOTED IN GOD'S AUTHORITATIVE WORD."
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 |
|---|---|---|---|
Martin E Hawkins President | Officer | 40 | $13,591 |
James Thompson Chairman | Trustee | 1 | $0 |
Michael Glaspie Secretary | Trustee | 3 | $0 |
Rollin Van Broekhoven Director | Trustee | 1 | $0 |
Lelious Johnson Director | Trustee | 2 | $0 |
Walt Waldie Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $64,077 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,335,839 |
| Noncash contributions included in lines 1a–1f | $1,098 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,399,916 |
| Total Program Service Revenue | $67,404 |
| Investment income | $12 |
| 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 | $1,426,844 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $262,751 |
| 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 | $18,472 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,746 |
| Office expenses | $44,515 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,395 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,652 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,905 |
| Insurance | $14,953 |
| All other expenses | $16,879 |
| Total functional expenses | $703,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,221 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $565,805 |
| Accounts receivable, net | $10,940 |
| 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 | $0 |
| Net Land, buildings, and equipment | $393,515 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $119,096 |
| Total assets | $1,174,577 |
| Accounts payable and accrued expenses | $86,232 |
| 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 | $33,786 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $120,018 |
| Net assets without donor restrictions | $423,654 |
| Net assets with donor restrictions | $630,905 |
| 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 | $1,174,577 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Southern Bible Institute & College has recieved totaling $120,823.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $55,000 |
Dallas Seminary Foundation Dallas, TX PURPOSE: General Support | $50,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $15,823 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Service Center Region Xiii Austin, TX | $57,202,932 | $81,882,395 |
Life School Of Dallas Red Oak, TX | $119,776,308 | $72,202,880 |
Austin Achieve Public Schools Inc Austin, TX | $59,873,760 | $31,154,261 |
National Math And Science Initiative Inc Dallas, TX | $26,216,573 | $26,013,416 |
Wayside Schools Austin, TX | $44,220,999 | $24,827,897 |
Arkansas Connections Academy Inc Bentonville, AR | $3,114,083 | $20,599,824 |
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
Austin Trinity School Austin, TX | $48,197,793 | $16,908,197 |
Arlington Classics Academy Arlington, TX | $32,317,939 | $15,087,121 |
Northlake Christian School Covington, LA | $15,559,549 | $15,961,975 |
Texas Coalition For Animal Protection Fort Worth, TX | $9,140,859 | $14,917,183 |
Covenant Knights School Dallas, TX | $65,440,145 | $15,652,987 |