Pacific Bible College
- Assets
- $1.1m
- Revenue
- $684.1k
- Investments
- $0.0
- Employees
- 21
- Location
- Medford, OR
- Founding
- 06/1992
- Data as of
- 06/2023
- EIN
- 93-1071753
Organization Overview
Pacific Bible College is located in Medford, OR. The organization was established in 1992. As of 06/2023, Pacific Bible College employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacific 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, Pacific Bible College generated $684.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $506.0k during the year ending 06/2023. While expenses have increased by 6.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PACIFIC BIBLE COLLEGE IS A CHRIST-CENTERED LEARNING COMMUNITY COMMITTED TO EQUIPPING STUDENTS TO BECOME BIBLICALLY COMPETENT, ACADEMICALLY PROFICIENT, SPIRITUALLY CULTIVATED, AND CULTURALLY ENGAGED SERVANT LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PACIFIC BIBLE COLLEGE OFFERS DEGREES IN BACHELOR OF BIBLICAL STUDIES, ASSOCIATES OF BIBLICAL STUDIES, ASSOCIATE OF APPLIED SCIENCE IN CHRISTIAN COUNSELING, A CERTIFICATE OF MINISTRIES, AND TRANSFER CURRICULUM TO FOUR YEAR PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Bilden Director | Trustee | 1 | $0 |
Sarah Carlyle Secretary | OfficerTrustee | 1 | $0 |
Darrin Famulcarcano Chair | OfficerTrustee | 1 | $0 |
Susan Kobes Director | Trustee | 1 | $0 |
Ryan Pech Director | Trustee | 1 | $0 |
Tracey Williams Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $124,089 |
| All other contributions, gifts, grants, and similar amounts not included above | $370,527 |
| Noncash contributions included in lines 1a–1f | $3,562 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $494,616 |
| Total Program Service Revenue | $120,026 |
| Investment income | $5,128 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $58,825 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $684,123 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,196 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $212,940 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,143 |
| Fees for services: Management | $0 |
| 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 | $56,340 |
| Advertising and promotion | $51,789 |
| Office expenses | $14,294 |
| Information technology | $5,700 |
| Royalties | $0 |
| Occupancy | $52,058 |
| Travel | $2,929 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,361 |
| All other expenses | $0 |
| Total functional expenses | $505,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,499 |
| Savings and temporary cash investments | $17,237 |
| Pledges and grants receivable | $124,089 |
| Accounts receivable, net | $11,387 |
| 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 | $2,000 |
| Net Land, buildings, and equipment | $772,638 |
| Investments—publicly traded securities | $102,825 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,056,675 |
| Accounts payable and accrued expenses | $25,259 |
| Grants payable | $0 |
| Deferred revenue | $3,394 |
| 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 | $2,556 |
| Total liabilities | $31,209 |
| Net assets without donor restrictions | $337,523 |
| Net assets with donor restrictions | $687,943 |
| 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 | $1,056,675 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bethesda University Anaheim, CA | $16,791,333 | $2,969,487 |
Stanton University Anaheim, CA | $123,573 | $2,322,363 |
Grace Mission University Fullerton, CA | $2,695,404 | $1,809,646 |
Evangelia University Anaheim, CA | $1,803,323 | $514,103 |
Pacific Bible College Medford, OR | $1,056,675 | $684,123 |
International Reformed University And Seminary Los Angeles, CA | $3,365,777 | $368,752 |
Choc Halev Berkeley, CA | $686,069 | $538,520 |
Union University Of California Westminster, CA | $563,028 | $228,215 |