Jerusalem University College
- Assets
- $3.0m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 13
- Location
- Xenia, OH
- Founding
- 06/1963
- Data as of
- 07/2022
- EIN
- 36-2392710
Organization Overview
Jerusalem University College, operating under the name Institute Of Holy Land Studies, is located in Xenia, OH. The organization was established in 1963. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 07/2022, Institute Of Holy Land Studies employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute Of Holy Land Studies 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 07/2022, Institute Of Holy Land Studies generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $2.8m during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS A CHRISTIAN EDUCATIONAL INSTITUTION LOCATED IN JERUSALEM, THE MISSION OF JERUSALEM UNIVERISITY COLLEGE IS TO DEEPEN UNDERSTANDING OF THE BIBLE IN ITS GEOGRAPHICAL AND CULTURAL SETTINGS AND TO CONNECT STUDENTS TO THE MIDDLE EAST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE OPERATES IN JERUSALEM, ISRAEL, PROVIDING GRADUATE DEGREES, UNDERGRADUATE SEMESTER ABROAD, AND SHORTER TERM ACADEMIC PROGRAMS. THE COLLEGE ALSO OFFERS INDIVIDUAL ONLINE COURSES, WHICH STUDENTS FROM AROUND THE WORLD CAN ENROLL IN VIRTUALLY. ALL LOCATIONS INCLUDE STUDENT DISCOUNTS AND CASH DISBURSEMENTS TOTALING: $258,167.00
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oliver Hersey President | Officer | 60 | $106,000 |
Jeff Evans Vice Pres Of Bus & Inst Relat | Officer | 1 | $81,163 |
Dr Bryan Beyer Chairman | OfficerTrustee | 2 | $2,650 |
Dr Jr Briggs Secretary | OfficerTrustee | 1 | $0 |
Dr Daniel Sterkenburg Treasurer | OfficerTrustee | 2 | $0 |
Mrs Dianne Benton Vice Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| 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 | $459,356 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $459,356 |
| Total Program Service Revenue | $2,558,519 |
| Investment income | -$97,568 |
| 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 | $2,920,307 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $258,657 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,650 |
| Compensation of current officers, directors, key employees. | $108,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $643,429 |
| Pension plan accruals and contributions | $40,516 |
| Other employee benefits | $145,569 |
| Payroll taxes | $58,444 |
| Fees for services: Management | $134,997 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,670 |
| Office expenses | $72,994 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $603,754 |
| Travel | $61,599 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,768 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,457 |
| Insurance | $22,288 |
| All other expenses | $0 |
| Total functional expenses | $2,834,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,070 |
| Savings and temporary cash investments | $643,798 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $114,475 |
| 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 | $0 |
| Net Land, buildings, and equipment | $649,656 |
| Investments—publicly traded securities | $1,306,617 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,954,616 |
| Accounts payable and accrued expenses | $387,250 |
| Grants payable | $0 |
| Deferred revenue | $42,596 |
| 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 | $0 |
| Total liabilities | $429,846 |
| Net assets without donor restrictions | $2,030,457 |
| Net assets with donor restrictions | $494,313 |
| 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 | $2,954,616 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Jerusalem University College has recieved totaling $1,050.
| Awarding Organization | Amount |
|---|---|
P A C E Foundation Irmo, SC PURPOSE: CHARITABLE | $800 |
William And Margaret Kang Foundation Lynnwood, WA PURPOSE: DONATION | $250 |
Endowment Analysis
| Beg. Balance | $2,045,411 |
| Earnings | -$97,568 |
| Net Contributions | $2,572 |
| Ending Balance | $1,950,415 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christel House International Inc Indianapolis, IN | $93,680,993 | $18,546,381 |
Palestine Childrens Relief Fund Kent, OH | $38,017,792 | $21,671,085 |
Food Export Usa Northeast Corp Philadelphia, PA | $3,264,678 | $12,183,555 |
Adventist Frontier Missions Inc Berrien Springs, MI | $13,681,877 | $9,406,971 |
Grant Foundation Pittsburgh, PA | $12,855,162 | $7,280,100 |
Water For Good Indianapolis, IN | $3,104,528 | $5,973,756 |
Worldserve International Erie, PA | $1,479,021 | $6,646,945 |
Afrika Tikkun Usa Inc Columbus, OH | $5,127,068 | $10,291,044 |
Cape Eleuthera Foundation Inc Philadelphia, PA | $17,861,316 | $4,664,843 |
International Partnership Ministries Inc Hanover, PA | $2,477,708 | $3,794,149 |
Central American Medical Outreach Inc Orrville, OH | $1,259,322 | $3,903,731 |
Global Links Pittsburgh, PA | $7,448,292 | $4,077,067 |