South Houston Bible Institute
- Assets
- $1.2m
- Revenue
- $212.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Houston, TX
- Founding
- 12/1991
- Data as of
- 12/2021
- EIN
- 76-0341582
Organization Overview
South Houston Bible Institute is located in Houston, TX. The organization was established in 1991. As of 12/2021, South Houston Bible Institute employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Houston Bible Institute 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, South Houston Bible Institute generated $212.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $139.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 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
TO PROVIDE RELIGOUS EDUCATION WITHOUT CHARGE TO ALL PEOPLE REGARDLESS OF RACE, SEX, OR RELIGOUS BELIEF
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTING REGULAR CLASSES IN BIBLE AND CHRISTIAN SERVICE. 347 STUDENT REGISTRATIONS FROM VARIOUS CITIES AND STATES DURING 2021 AND 14 CLASSROOM COURSES OFFERED AT 5 HOUSTON LOCATIONS TAUGHT BY 5 INSTRUCTORS.
OFFERED 37 DISTANCE LEARNING COURSES DURING 2021 VIA EMAIL, CD OR POSTAL MAIL. 238 ENROLLMENTS WITH 153 ACTIVE STUDENTS FROM 6 COUNTRIES DURING 2021.
PROVIDING INDIVIDUAL COUNSELING, PRODUCING CHRISTIAN MATERIALS AND PROVIDING ADVISORY SERVICES TO CHURCHES.
OTHER PROGRAM SERVICES INCLUDES COSTS FOR VARIOUS MATERIALS; NEWLETTER PREPERATION AND ASSISTING FOREIGN/DOMESTIC MISSION OUTREACH,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirk Hayes President | Officer | 40 | $63,106 |
Sheryl Stokes Secretary | 35 | $35,676 | |
G B Shelburne III Director | OfficerTrustee | 20 | $12,400 |
Sidney Vaughn Director | Trustee | 1 | $0 |
Thomas Parish Treasurer | Trustee | 1 | $0 |
Allen Ketchersid Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,781 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,781 |
| Total Program Service Revenue | $1,448 |
| Investment income | $159,905 |
| 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 | $212,134 |
| 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. | $76,059 |
| Compensation of current officers, directors, key employees. | $22,818 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,676 |
| Pension plan accruals and contributions | $3,000 |
| Other employee benefits | $0 |
| Payroll taxes | $2,726 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $570 |
| 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 | $5,612 |
| Office expenses | $9,121 |
| Information technology | $3,380 |
| Royalties | $0 |
| Occupancy | $500 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $139,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,881 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $1,164,682 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $650 |
| Other assets | $0 |
| Total assets | $1,204,213 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,678 |
| Total liabilities | $1,678 |
| Net assets without donor restrictions | $1,202,535 |
| Net assets with donor restrictions | $0 |
| 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 | $1,204,213 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that South Houston Bible Institute has recieved totaling $52.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $52 |
Endowment Analysis
| Beg. Balance | $1,021,862 |
| Ending Balance | $1,021,862 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oblate School Of Theology San Antonio, TX | $56,887,314 | $9,892,922 |
Phillips Theological Seminary Corporation Tulsa, OK | $139,965,847 | $9,611,504 |
Messenger College Inc Euless, TX | $3,337,243 | $1,019,482 |
South Houston Bible Institute Houston, TX | $1,204,213 | $212,134 |
Southwestern Baptist Theological Seminary Mary Hardin-Baylor Tr 137 Dallas, TX | $1,163,699 | $235,060 |
William Forsythe Tr Fbo Bangor Theological Seminary Dallas, TX | $389,630 | $75,106 |