Boise Bible College Inc
- Assets
- $6.8m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 80
- Location
- Boise, ID
- Founding
- 01/1975
- Data as of
- 06/2022
- EIN
- 82-0309302
Organization Overview
Boise Bible College Inc is located in Boise, ID. The organization was established in 1975. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Boise Bible College Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boise Bible 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 06/2022, Boise Bible College Inc generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) 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
TO PROVIDE COLLEGE TRAINING TO MEN AND WOMEN PLANNING TO ENTER THE CHRISTIAN MINISTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION: 4-YR ACCREDITED DEGREE GRANTING COLLEGE PROVIDES INSTRUCTION AND LIBRARY.
AUXILIARY: AUXILARY SERVICES PROVIDES THE FOLLOWING SUPPORT SERVICES: DORMITORY, CAFETERIA, COFFEE SHOP & BOOKSTORE.
STUDENT AID: AID GRANTED TO 79 STUDENTS ATTENDING THE COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cody Christensen Director Of Admissions | OfficerTrustee | 40 | $60,056 |
Dr Derek Voorhees President | OfficerTrustee | 40 | $53,450 |
Russell Grove Dean Of Students | OfficerTrustee | 40 | $41,394 |
Charles H Faber Academic Dean | OfficerTrustee | 40 | $37,184 |
David Davolt Director Of Development | OfficerTrustee | 40 | $29,831 |
Randy Bourn Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $629,375 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,030,267 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,659,642 |
| Total Program Service Revenue | $941,707 |
| Investment income | $46,875 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $23,613 |
| Net Gain/Loss on Asset Sales | $55,609 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $23,059 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,750,505 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $397,926 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $451,716 |
| Compensation of current officers, directors, key employees. | $74,404 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,022,484 |
| Pension plan accruals and contributions | $31,635 |
| Other employee benefits | $172,704 |
| Payroll taxes | $58,559 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,191 |
| Fees for services: Accounting | $43,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,326 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $69,913 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $468,656 |
| Travel | $40,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,074 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $238,658 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,366,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,880 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,966 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,389 |
| Prepaid expenses and deferred charges | $40,122 |
| Net Land, buildings, and equipment | $4,825,228 |
| Investments—publicly traded securities | $1,870,729 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,447 |
| Total assets | $6,828,761 |
| Accounts payable and accrued expenses | $109,296 |
| Grants payable | $0 |
| Deferred revenue | $25,729 |
| 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 | $326,276 |
| Total liabilities | $461,301 |
| Net assets without donor restrictions | $4,963,566 |
| Net assets with donor restrictions | $1,403,894 |
| 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 | $6,828,761 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Boise Bible College Inc has recieved totaling $3,569.
| Awarding Organization | Amount |
|---|---|
Leo Adler Community Fdn Tr 2429000-01 Portland, OR PURPOSE: GENERAL SUPPORT | $2,750 |
Hiram V Rice Charitable Trust Milwaukee, WI PURPOSE: SCHOLARSHIPS | $819 |
Endowment Analysis
| Beg. Balance | $831,374 |
| Earnings | $19,024 |
| Admin Expense | $338,117 |
| Ending Balance | $512,281 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Utah Asian Campus At Songdo Salt Lake City, UT | $5,674,461 | $11,524,178 |
New Saint Andrews College Inc Moscow, ID | $6,400,255 | $5,399,680 |
Boise Bible College Inc Boise, ID | $6,828,761 | $2,750,505 |
Southern Oregon University Foundation Ashland, OR | $42,053,103 | $5,034,083 |
Evergreen State College Foundation Olympia, WA | $29,119,022 | $6,581,377 |
New Hope Christian College Eugene, OR | $9,032,074 | $3,256,187 |
Lewis-Clark State College Foundation Inc Lewiston, ID | $16,070,808 | $3,059,553 |
Trinity Western University Foundation U S Lynden, WA | $3,554,587 | $1,967,501 |
Columbia Basin College Foundation Pasco, WA | $20,768,011 | $3,924,558 |
Edmonds Community College Foundation Lynnwood, WA | $9,828,987 | $1,595,064 |
Wenatchee Valley College Foundation Inc Wenatchee, WA | $11,001,321 | $1,891,382 |
Oregon Tech Foundation Inc Klamath Falls, OR | $39,593,421 | $3,262,888 |