Rocky Mountain Bible College Inc

Organization Overview

Rocky Mountain Bible College Inc, operating under the name Colorado Biblical University, is located in Fort Morgan, CO. The organization was established in 1997. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2023, Colorado Biblical University employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Biblical University 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, Colorado Biblical University generated $32.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $131.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FORMAL EDUCATION SPECIALIZING IN CHRISTIAN STUDIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE YEAR, ENROLLED 30 LEARNERS RESTRUCTURED CBU ACADEMY TO FOCUS ON ONLINE LEARNING ADDED TUTORING AND HOMESCHOOLING RECORD-KEEPING SERVICES DEVELOPED OFFICER EVALUATION PROCESSES DEVELOPED PROMOTIONAL/MARKETING STRATEGY TO DRAW ADDITIONAL LEARNERS


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Board, Officers & Key Employees

Name (title)Compensation
Ruth Patterson
Treasurer
$7,800
Christopher Cone
President
$6,000
John Oglesby
Secretary
$6,000
Jtrent Boyd
Director
$0
Mark Perkins
Chairman
$0
Dr Steve Spurlin
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $9,058
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,058
Total Program Service Revenue$23,021
Investment income $64
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 $32,143

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