Gutenberg College Inc is located in Eugene, OR. The organization was established in 1979. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 08/2023, Gutenberg College Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gutenberg 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 08/2023, Gutenberg College Inc generated $797.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $783.8k during the year ending 08/2023. While expenses have increased by 4.1% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BACHELOR OF ARTS DEGREE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF GUTENBERG COLLEGE IS TO PROVIDE A LIBERAL ARTS EDUCATION IN AN ENVIRONMENT RESPECTFUL OF BIBLICAL CHRISTIANITY, LEADING TO A BACHELOR OF ARTS DEGREE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Diane Gray Director | Trustee | 2 | $0 |
Paul Pindell Chairman | OfficerTrustee | 4 | $0 |
John Hemmerich Board Member | Trustee | 2 | $0 |
Allan Bruner Sec/treasurer | OfficerTrustee | 1 | $0 |
Craig A Doerksen Board Member | Trustee | 1 | $0 |
Mike Grose Board Member | Trustee | 1 | $0 |
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 | $328,711 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $328,711 |
Total Program Service Revenue | $456,298 |
Investment income | $0 |
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 | $12,882 |
Miscellaneous Revenue | $0 |
Total Revenue | $797,891 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $130,515 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $329,087 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $43,500 |
Payroll taxes | $30,213 |
Fees for services: Management | $0 |
Fees for services: Legal | $18,000 |
Fees for services: Accounting | $7,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $9,500 |
Office expenses | $8,198 |
Information technology | $3,784 |
Royalties | $0 |
Occupancy | $32,650 |
Travel | $9,405 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $31,504 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,277 |
Insurance | $4,950 |
All other expenses | $43,326 |
Total functional expenses | $783,771 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $73,646 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,685 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $7,967 |
Prepaid expenses and deferred charges | $1,504 |
Net Land, buildings, and equipment | $1,470,579 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $9,766 |
Other assets | $176,950 |
Total assets | $1,752,097 |
Accounts payable and accrued expenses | $5,317 |
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 | $822,083 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,440 |
Total liabilities | $829,840 |
Net assets without donor restrictions | $912,169 |
Net assets with donor restrictions | $10,088 |
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 | $1,752,097 |