Totals
- Total revenue
- $8,973,275
- Total expenses
- $9,250,988
- Contributions and grants received
- $2,639,872
- Grants paid
- $2,128,099
- Program service revenue
- $6,009,863
- Investment income
- $279,043
- Other revenue
- $44,497
- Total assets, end of year
- $11,317,891
- Total liabilities, end of year
- $1,300,788
- Net assets or fund balances, end of year
- $10,017,103
- Program services expenses (Part IX)
- $7,787,951
- Management and general expenses
- $1,211,998
- Fundraising expenses
- $251,039
- Program service expenses (Part III)
- $7,787,951
Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$10,125
-
1f · All other contributions, gifts and grants
$2,629,747
-
1g · Noncash contributions included above
$26,366
-
2a · Program service revenue: TUITION & FEES
total $4,184,062 · related or exempt $4,184,062
-
2b · Program service revenue: AUXILIARY INCOME
total $1,765,097 · related or exempt $1,765,097
-
2c · Program service revenue: BOOKSTORE SALES
total $60,704 · related or exempt $60,704
-
3 · Investment income
total $281,260 · excluded $281,260
-
6a · Gross rents
real property $35,744
-
6b · Less rental expenses
real property $14,642
-
6c · Rental income or loss
real property $21,102
-
6d · Net rental income or loss
total $21,102 · excluded $21,102
-
7a · Gross sales of assets other than inventory
securities $261,896
-
7b · Less cost or other basis and sales expenses
securities $260,028 · other assets $4,085
-
7c · Gain or loss
securities $1,868 · other assets -$4,085
-
7d · Net gain or loss
total -$2,217 · excluded -$2,217
-
8a · Fundraising events: gross income
$2,625
-
8a · Fundraising events: contributions included on line 1c
$10,125
-
8b · Fundraising events: direct expenses
$8,303
-
8c · Net income from fundraising events
total -$5,678 · excluded -$5,678
-
11d · All other revenue
total $29,073 · related or exempt $29,073
-
11e · Other revenue, total
$29,073
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $2,128,099 · program services $2,128,099
-
5 · Compensation of officers, directors and key employees
total $616,384 · program services $499,621 · management and general $95,274 · fundraising $21,489
-
6 · Compensation of disqualified persons
total $28,169 · management and general $28,169
-
7 · Other salaries and wages
total $3,085,875 · program services $2,576,280 · management and general $410,990 · fundraising $98,605
-
8 · Pension plan contributions
total $34,379 · program services $23,275 · management and general $9,043 · fundraising $2,061
-
9 · Other employee benefits
total $384,640 · program services $269,338 · management and general $93,738 · fundraising $21,564
-
10 · Payroll taxes
total $247,358 · program services $200,946 · management and general $37,517 · fundraising $8,895
-
11b · Fees: legal
total $21,198 · management and general $21,198
-
11c · Fees: accounting
total $45,511 · management and general $45,511
-
11e · Fees: professional fundraising services
total $16,445 · fundraising $16,445
-
11f · Fees: investment management
total $9,093 · program services $5,378 · management and general $3,111 · fundraising $604
-
11g · Fees: other
total $369,783 · program services $267,883 · management and general $88,247 · fundraising $13,653
-
12 · Advertising and promotion
total $157,143 · management and general $157,143
-
13 · Office expenses
total $183,509 · program services $112,804 · management and general $35,501 · fundraising $35,204
-
14 · Information technology
total $29,541 · program services $22,749 · management and general $5,734 · fundraising $1,058
-
16 · Occupancy
total $341,411 · program services $341,411
-
17 · Travel
total $178,736 · program services $148,154 · management and general $9,469 · fundraising $21,113
-
19 · Conferences, conventions and meetings
total $112,194 · program services $94,866 · management and general $12,485 · fundraising $4,843
-
20 · Interest
total $41,567 · management and general $41,567
-
22 · Depreciation, depletion and amortization
total $340,063 · program services $301,166 · management and general $38,285 · fundraising $612
-
23 · Insurance
total $8,585 · program services $6,229 · management and general $1,920 · fundraising $436
-
24a · Other expenses: FOOD EXPENSE
total $489,367 · program services $486,155 · management and general $3,184 · fundraising $28
-
24b · Other expenses: PERMIT & LICENSES
total $70,753 · program services $54,486 · management and general $13,733 · fundraising $2,534
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $49,338 · program services $44,437 · management and general $4,901
-
24d · Other expenses: ASSESSMENT
total $7,591 · program services $5,846 · management and general $1,473 · fundraising $272
-
24e · All other expenses
total $254,256 · program services $198,828 · management and general $53,805 · fundraising $1,623
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $319,170 · end of year $86,099
-
3 · Pledges and grants receivable
beginning of year $1,216,750 · end of year $900,530
-
4 · Accounts receivable
beginning of year $40,082 · end of year $31,849
-
8 · Inventories for sale or use
beginning of year $72,484 · end of year $125,178
-
9 · Prepaid expenses and deferred charges
beginning of year $151,037 · end of year $99,341
-
10a · Land, buildings and equipment: cost or other basis
$13,959,143
-
10b · Land, buildings and equipment: accumulated depreciation
$9,099,050
-
10c · Land, buildings and equipment, net
beginning of year $4,981,594 · end of year $4,860,093
-
11 · Investments: publicly traded securities
beginning of year $1,706,551 · end of year $1,727,632
-
15 · Other assets
beginning of year $3,620,953 · end of year $3,487,169
-
17 · Accounts payable and accrued expenses
beginning of year $535,089 · end of year $511,475
-
19 · Deferred revenue
beginning of year $74,031 · end of year $78,848
-
23 · Secured mortgages and notes payable
beginning of year $982,884 · end of year $521,965
-
24 · Unsecured notes and loans payable
beginning of year $10,400 · end of year $10,400
-
25 · Other liabilities
beginning of year $294,480 · end of year $178,100
-
27 · Net assets without donor restrictions
beginning of year $4,935,131 · end of year $4,947,421
-
28 · Net assets with donor restrictions
beginning of year $5,276,606 · end of year $5,069,682
Mission and programs · 2024
Mission
EMMAUS BIBLE COLLEGE EXISTS TO GLORIFY GOD BY EDUCATING AND EQUIPPING LEARNERS TO IMPACT THE WORLD FOR CHRIST THROUGH FAITHFUL AND EFFECTIVE SERVICE IN THEIR MINISTRIES, PROFESSIONS, AND COMMUNITIES. (CONTINUED ON SCHEDULE O)THE COLLEGE OFFERS ACADEMIC PROGRAMS IN BIBLICAL STUDIES, TEACHER EDUCATION, EDUCATIONAL MINISTRIES, COUNSELING PSYCHOLOGY, BUSINESS ADMINISTRATION, COMPUTER INFORMATION SYSTEMS, AND INTERCULTURAL STUDIES.
Activities or mission (Part I)
TO GLORIFY GOD BY EDUCATING AND EQUIPPING LEARNERS TO IMPACT THE WORLD FOR CHRIST.
-
EMMAUS BIBLE COLLEGE (DBA EMMAUS UNIVERSITY) OFFERS UNDERGRADUATE ACADEMIC PROGRAMS, MAJORS, AND MINORS IN PERSON IN BIBLE & THEOLOGY, EDUCATIONAL MINISTRIES, INTERCULTURAL STUDIES, TEACHER EDUCATION, COUNSELING PSYCHOLOGY, BUSINESS ADMINISTRATION, MATHEMATICS, COMPUTER STUDIES, HEALTH SCIENCES, ARCHAEOLOGY, ENGLISH, HISTORY, AND MUSIC. THE COLLEGE ALSO OFFERS ACADEMIC UNDERGRADUATE PROGRAMS AND MAJORS IN BIBLE & THEOLOGY, AS WELL AS A MASTER'S DEGREE IN BIBLE & MINISTRY FULLY ONLINE. EMMAUS PARTICIPATES IN THE NATIONAL CHRISTIAN COLLEGE ATHLETIC ASSOCIATION IN MEN'S & WOMEN'S BASKETBALL, MEN'S & WOMEN'S CROSS COUNTRY, MEN'S SOCCER, AND WOMEN'S BASKETBALL. ALMOST ALL STUDENTS WHO TAKE CLASSES IN PERSON PARTICIPATE IN INTRAMURAL SPORTS AND IN STUDENT LIFE ACTIVITIES. (CONTINUED ON SCHEDULE O)DURING FISCAL YEAR 2025, 296 STUDENTS RECEIVED HIGHER EDUCATION.
Expenses $6,796,768 · Grants $2,128,099 · Revenue $4,184,062
-
THE UNIVERSITY PROVIDED ROOM AND BOARD TO APPROXIMATELY 185 STUDENTS DURING THE FISCAL YEAR. OTHER ON CAMPUS AUXILIARY ENTERPRISES AVAILABLE TO STUDENTS INCLUDE A COFFEE SHOP, CAFE AND TEXTBOOK SALES.
Expenses $991,183 · Revenue $1,854,874
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Philip BoomPHILIP BOOM
PRESIDENT
- Total calculated
- $119,673
- From this org
- $115,684
- From related orgs
- $0
- Other
- $3,989
- Hours/week
- 40
-
Steven L LearySTEVEN L LEARY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2.3
-
William GustoffWILLIAM GUSTOFF
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2.3
-
Matthew PhelanMATTHEW PHELAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2.3
-
Dan MearnsDAN MEARNS
TREASURER
- Total calculated
- $0
- Hours/week
- 2.3
-
Mark BarinowskiMARK BARINOWSKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
David S HarperDAVID S HARPER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
Chad LegelCHAD LEGEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
William LongstreetWILLIAM LONGSTREET
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
Julio MorelJULIO MOREL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
Dr Steven PriceDR STEVEN PRICE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
Frederick F SchwertfegerFREDERICK F SCHWERTFEGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
Benjamin ScriptureBENJAMIN SCRIPTURE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
Ian S TaylorIAN S TAYLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
Abraham ThomasABRAHAM THOMAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
Robert WarnerROBERT WARNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.6
-
Israel ChavezISRAEL CHAVEZ
VICE PRESIDENT OF STUDENT LIFE
- Total calculated
- $95,348
- From this org
- $90,052
- From related orgs
- $0
- Other
- $5,296
- Hours/week
- 40
-
Tom KookTOM KOOK
VICE PRESIDENT OF ENROLLMENT/MKTG
- Total calculated
- $122,361
- From this org
- $103,952
- From related orgs
- $0
- Other
- $18,409
- Hours/week
- 40
-
Joseph AbdyJOSEPH ABDY
VICE PRESIDENT FOR ADMIN/FINANCE
- Total calculated
- $110,655
- From this org
- $86,481
- From related orgs
- $0
- Other
- $24,174
- Hours/week
- 40
-
Raju KunjummenRAJU KUNJUMMEN
VP FOR ACADEMIC AFFAIRS (PART YEAR)
- Total calculated
- $44,090
- From this org
- $43,216
- From related orgs
- $0
- Other
- $874
- Hours/week
- 40
-
Chad CunninghamCHAD CUNNINGHAM
VICE PRESIDENT OF ADVANCEMENT
- Total calculated
- $93,323
- From this org
- $75,185
- From related orgs
- $0
- Other
- $18,138
- Hours/week
- 40
-
Joel CarterJOEL CARTER
VICE PRESIDENT FOR ACADEMIC AFFAIRS
- Total calculated
- $63,034
- From this org
- $61,860
- From related orgs
- $0
- Other
- $1,174
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUST (1)
T · TRUST · NC · controlled entity
Directly controlled by EMMAUS BIBLE COLLEGE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 4 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202620639349301112
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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