Jarvis Christian College
- Assets
- $50.8m
- Revenue
- $42.8m
- Investments
- $9.1m
- Employees
- 0
- Location
- Hawkins, TX
- Founding
- 07/1969
- Data as of
- 06/2021
- EIN
- 75-0995027
Organization Overview
Jarvis Christian College is located in Hawkins, TX. The organization was established in 1969. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jarvis 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, Jarvis Christian College generated $42.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $20.1m 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
THE MISSION OF THE COLLEGE IS TO PREPARE STUDENTS INTELLECTUALLY, SOCIALLY,SPIRITUALLY, PERSONALLY TO PERSUE PROFESSIONAL AND GRADUATE STUDIES AND PRODUCTIVE CAREERS, AND TO FUNCTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION AND PROVIDES INSTRUCTION AND VARIOUS SUPPORT SERVICES IN ACHIEVING ITS PURPOSE.
AUXILIARY ENTERPRISES SUPPORT THE COLLEGE'S MISSION OF PROVIDING QUALITY EDUCATIONAL OPPORTUNITIES. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO: FOOD SERVICES, CAMPUS HOUSING, CAMPUS POST OFFICE PARKING, VENDING, CAMPUS STORES AND ATHLETICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lester Newman President | Officer | 40 | $342,255 |
Glenell Lee- Pruitt VP Of Academic Affairs | Officer | 40 | $130,000 |
Paula Love VP Of Finance And Administration | Officer | 40 | $125,000 |
Kenoye Eke VP Of Institutional Advancement | Officer | 40 | $115,000 |
Cynthia Stancil- Hollman Executive Assistant To The President | Officer | 40 | $115,000 |
Benson Kariuki- Mwangi Dean Of Business Administration | Officer | 40 | $100,940 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Owens Harvey Pllc Legal Services | 6/29/21 | $323,172 |
William Stanley Hvac Contractor | 6/29/21 | $178,952 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,585,125 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,329,726 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,914,851 |
| Total Program Service Revenue | $9,778,299 |
| Investment income | $908,740 |
| 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 | $42,791,662 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,850,562 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,190,024 |
| Compensation of current officers, directors, key employees. | $1,190,024 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,565,364 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,027,556 |
| 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 | $239,805 |
| 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 | $1,208,568 |
| Insurance | $396,176 |
| All other expenses | $6,476,948 |
| Total functional expenses | $20,123,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,818,578 |
| Savings and temporary cash investments | $436,877 |
| Pledges and grants receivable | $684,932 |
| Accounts receivable, net | $5,703,991 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $460,906 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $72,955 |
| Net Land, buildings, and equipment | $24,429,985 |
| Investments—publicly traded securities | $7,055,936 |
| Investments—other securities | $9,121,562 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,785,722 |
| Accounts payable and accrued expenses | $3,011,186 |
| 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 | $1,257,255 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $447,948 |
| Total liabilities | $4,716,389 |
| Net assets without donor restrictions | $37,738,942 |
| Net assets with donor restrictions | $8,330,391 |
| 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 | $50,785,722 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Jarvis Christian College has recieved totaling $1,214,431.
| Awarding Organization | Amount |
|---|---|
United Negro College Fund Inc Washington, DC PURPOSE: GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN | $1,051,745 |
Strada Education Network Inc Indianapolis, IN PURPOSE: OPERATING GRANT | $119,500 |
Joe Lewis And Vivian Lewis Scholarship Fund Marshall, TX PURPOSE: EDUCATIONAL | $22,906 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,530 |
Tom Joyner Foundation Inc Dallas, TX PURPOSE: EDUCATION SCHOLARSHIP | $5,500 |
Church Mutual Insurance Company Foundation Inc Merrill, WI PURPOSE: 2021 PIONEER HALL OF FAME | $250 |
Endowment Analysis
| Beg. Balance | $10,593,174 |
| Ending Balance | $10,593,174 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lubbock Christian University Lubbock, TX | $106,659,922 | $54,957,813 |
Mcmurry University Abilene, TX | $155,891,753 | $53,294,386 |
Dillard University New Orleans, LA | $290,476,609 | $59,120,673 |
Lyon College Batesville, AR | $134,360,694 | $34,275,899 |
Louisiana College Pineville, LA | $103,090,371 | $31,169,052 |
Mid-America Christian University Inc Oklahoma City, OK | $46,962,121 | $32,546,102 |
Armand Hammer United World College Of The American West Montezuma, NM | $400,858,910 | $44,401,758 |
Oklahoma Wesleyan University Bartlesville, OK | $43,343,629 | $28,422,730 |
Franciscan Missionaries Of Our Lady University Baton Rouge, LA | $40,246,708 | $34,315,174 |
Philander Smith College Little Rock, AR | $65,347,425 | $53,386,787 |
Huston-Tillotson University Austin, TX | $62,601,605 | $47,310,570 |
Institute Of American Indian & Alaska Native Culture & Arts Santa Fe, NM | $85,848,519 | $25,390,342 |