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 06/2022, 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 06/2022, Colorado Biblical University generated $99.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $135.0k during the year ending 06/2022. While expenses have increased by 17.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

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, THE COLLEGE PROVIDED EDUCATION SERVICES TO APPROXIMATELY 40 STUDENTS DURING THE SCHOOL YEAR OFFERING 24 COLLEGE/GRADUATE LEVEL COURSES AND 10 ACADEMY COURSES.


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Board, Officers & Key Employees

Name (title)Compensation
Christopher Cone
President
$10,800
John Oglesby
Secretary
$3,900
Ruth Patterson
Treasurer
$2,100
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 $17,160
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$17,160
Total Program Service Revenue$71,063
Investment income $65
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $10,914
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $99,202

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rocky Mountain Bible College Inc has recieved totaling $16,000.

Awarding OrganizationAmount
Biblical Education By Extension Inc

Colorado Springs, CO

PURPOSE: Discipleship ministry.

$16,000
View Grant Recipient Profile

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