Shasta Bible College
- Assets
- $2.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 27
- Location
- Redding, CA
- Founding
- 06/1974
- Data as of
- 05/2022
- EIN
- 94-2245517
Organization Overview
Shasta Bible College is located in Redding, CA. The organization was established in 1974. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, Shasta Bible College employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shasta Bible College 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 05/2022, Shasta Bible College generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $857.3k during the year ending 05/2022. While expenses have increased by 3.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN EDUCATION & TRAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHING AND TRAINING OF CHRISTIAN AND OTHER STUDENTS FOR PASTORS, TEACHERS AND MISSIONARY ENDEAVORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr David Nicholas President | Officer | 40 | $45,691 |
Joel Northrup Trustee | Trustee | 1 | $0 |
Ron Ball Trustee | Trustee | 1 | $0 |
Dr Ron Ott Chairman | Trustee | 1 | $0 |
Andrew Scott Trustee | Trustee | 1 | $0 |
Tom Wickware Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $485,666 |
| All other contributions, gifts, grants, and similar amounts not included above | $690,521 |
| Noncash contributions included in lines 1a–1f | $70,424 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,176,187 |
| Total Program Service Revenue | $152,692 |
| Investment income | $6 |
| 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 | $1,328,885 |
| 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. | $43,057 |
| Compensation of current officers, directors, key employees. | $5,533 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $245,068 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,173 |
| Payroll taxes | $21,545 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,178 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $16,102 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,046 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,674 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,255 |
| Insurance | $24,220 |
| All other expenses | $51,938 |
| Total functional expenses | $857,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,406 |
| Savings and temporary cash investments | $57,205 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,029 |
| 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 | $3,283 |
| Net Land, buildings, and equipment | $2,032,197 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $170,043 |
| Total assets | $2,529,163 |
| Accounts payable and accrued expenses | $10,311 |
| 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 | $150,119 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $160,430 |
| Net assets without donor restrictions | $1,206,642 |
| Net assets with donor restrictions | $1,162,091 |
| 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 | $2,529,163 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shasta Bible College has recieved totaling $182.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $182 |
Endowment Analysis
| Beg. Balance | $26,185 |
| Earnings | $3 |
| Net Contributions | $13,081 |
| Ending Balance | $39,269 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Concordia University Irvine, CA | $216,619,359 | $134,293,913 |
Whittier College Whittier, CA | $322,047,237 | $96,024,170 |
Claremont Graduate University Claremont, CA | $282,759,045 | $94,587,172 |
Soka University Of America Aliso Viejo, CA | $1,933,834,260 | $62,118,050 |
Fresno Pacific University Fresno, CA | $60,393,077 | $83,753,327 |
Mills College Oakland, CA | $350,121,466 | $66,976,273 |
La Sierra University Riverside, CA | $224,274,397 | $79,132,443 |
Cal Poly Corporation San Luis Obispo, CA | $221,621,500 | $66,523,157 |
Chaminade University Of Honolulu Honolulu, HI | $103,384,806 | $64,562,356 |
Golden Gate University San Francisco, CA | $141,254,047 | $81,559,491 |
Holy Names University Oakland, CA | $93,790,592 | $49,885,644 |
Woodbury University Burbank, CA | $66,650,435 | $51,740,863 |