Carolina Bible Institute Inc
- Assets
- $66.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pine Level, NC
- Founding
- 11/1982
- Data as of
- 12/2021
- EIN
- 56-1310539
Organization Overview
Carolina Bible Institute Inc is located in Pine Level, NC. The organization was established in 1982. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Bible Institute 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 12/2021, Carolina Bible Institute Inc generated $73.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $86.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE ON CAMPUS INSTRUCTIONAL CLASSES AND SERVICES AND HOME STUDY PROGRAMS. PROVIDE ARTICLES AND INFORMATION FOR STUDENTS AND ALUMNI INCLUDING SPECIALIZED TECHNOLOGICAL TRAINING. PROVIDE ORGANIZATION FOR ALUMNI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Hargis Assistant/secretary To President | 35 | $20,969 | |
Willard Kelley President | 30 | $14,147 | |
Johnathan Solliman Online Tech | 12 | $7,019 | |
Rudy Evans Chancellor | 1 | $0 | |
Joseph Smith Jr Board Of Trustees | 1 | $0 | |
Timothy Copeland Board Of Trustees | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,196 |
| Total Program Service Revenue | $18,929 |
| Membership dues | $0 |
| Investment income | $55 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $71 |
| Total Revenue | $73,535 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,254 |
| Professional fees and other payments to independent contractors | $12,640 |
| Occupancy, rent, utilities, and maintenance | $13,202 |
| Printing, publications, postage, and shipping | $608 |
| Other expenses | $8,193 |
| Total expenses | $86,897 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,647 |
| Other assets | $0 |
| Total assets | $66,772 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,772 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carolina Bible Institute Inc has recieved totaling $169.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $169 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
C S Lewis Institute Inc Springfield, VA | $1,257,084 | $1,763,570 |
University Christian Ministries Inc Charlottesville, VA | $8,351,732 | $3,362,822 |
Andersonville Baptist Seminary Inc Camilla, GA | $978,423 | $1,014,334 |
Cornerstone College Of Virginia Fredericksburg, VA | $442,779 | $377,765 |
Rappahannock Westminster Canterbury Foundation Irvington, VA | $10,825,083 | $1,146,003 |
Biblical Theological Seminary Of Poland Memphis, TN | $166,177 | $553,180 |
Griffith Theological Research Foundation Inc Decatur, GA | $5,071,914 | $307,512 |
American University Of Biblical Studies Inc Douglasville, GA | $114,085 | $0 |
American Open University Inc Alexandria, VA | $533,754 | $60,517 |
Carolina Bible Institute Inc Pine Level, NC | $66,772 | $0 |