Boise Bible College Inc is located in Boise, ID. The organization was established in 1975. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2023, Boise Bible College Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boise Bible College Inc 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 06/2023, Boise Bible College Inc generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $3.8m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COLLEGE TRAINING TO MEN AND WOMEN PLANNING TO ENTER THE CHRISTIAN MINISTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION: 4-YR ACCREDITED DEGREE GRANTING COLLEGE PROVIDES INSTRUCTION AND LIBRARY.
STUDENT ACTIVITIES
AUXILIARY: AUXILARY SERVICES PROVIDES THE FOLLOWING SUPPORT SERVICES: DORMITORY, CAFETERIA, COFFEE SHOP & BOOKSTORE.
STUDENT AID: AID GRANTED TO STUDENTS ATTENDING THE COLLEGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nick Duffel Chairman | OfficerTrustee | 30 | $0 |
Randy Bourn Vice Chairman | OfficerTrustee | 30 | $0 |
David Ladd Secretary | OfficerTrustee | 30 | $0 |
Seth Thomas Member | OfficerTrustee | 30 | $0 |
Dan Leroy Member | OfficerTrustee | 30 | $0 |
Rob Ness Member | OfficerTrustee | 30 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $253,364 |
All other contributions, gifts, grants, and similar amounts not included above | $1,560,486 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,813,850 |
Total Program Service Revenue | $1,271,244 |
Investment income | $53,213 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $36,030 |
Net Gain/Loss on Asset Sales | -$2,153 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $799 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,172,983 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $379,337 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $535,136 |
Compensation of current officers, directors, key employees. | $87,242 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,182,674 |
Pension plan accruals and contributions | $27,637 |
Other employee benefits | $84,401 |
Payroll taxes | $67,387 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,741 |
Fees for services: Accounting | $49,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,844 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $94,712 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $636,010 |
Travel | $60,379 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $20,005 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $240,409 |
Insurance | $0 |
All other expenses | $50,600 |
Total functional expenses | $3,761,331 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $45,789 |
Savings and temporary cash investments | $331,783 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $55,512 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,389 |
Prepaid expenses and deferred charges | $18,623 |
Net Land, buildings, and equipment | $4,660,450 |
Investments—publicly traded securities | $1,036,478 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $88,616 |
Total assets | $6,240,640 |
Accounts payable and accrued expenses | $77,276 |
Grants payable | $0 |
Deferred revenue | $179,357 |
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 | $130,412 |
Total liabilities | $387,045 |
Net assets without donor restrictions | $4,360,173 |
Net assets with donor restrictions | $1,493,422 |
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 | $6,240,640 |