Faith Bible College
- Assets
- $161.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 7
- Location
- Norfolk, VA
- Founding
- 02/1998
- Data as of
- 06/2023
- EIN
- 54-1779894
Organization Overview
Faith Bible College is located in Norfolk, VA. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Faith Bible College employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith 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 06/2023, Faith Bible College generated $169.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $270.3k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TUITIONTHE SCHOOL ENROLLS STUDENTS IN ITS ACADEMIC PROGRAMS FROM FALL THROUGH SUMMER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Terhune Chairman | 0 | $0 | |
Greg Johnston Secretary | 0 | $0 | |
Moguo Sun Board Member | 0 | $0 | |
Barbara Adams Board Member | 0 | $0 | |
David Bates Board Member | 0 | $0 | |
Conley White Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,817 |
| Total Program Service Revenue | $37,820 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,721 |
| Total Revenue | $169,358 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $147,674 |
| Professional fees and other payments to independent contractors | $15,210 |
| Occupancy, rent, utilities, and maintenance | $37,052 |
| Printing, publications, postage, and shipping | $6,700 |
| Other expenses | $63,656 |
| Total expenses | $270,292 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,512 |
| Other assets | $0 |
| Total assets | $161,793 |
| Total liabilities | $131,085 |
| Net assets or fund balances | $30,708 |