Totals
- Total revenue
- $7,282,256
- Total expenses
- $8,540,104
- Contributions and grants received
- $2,257,949
- Grants paid
- $1,639,207
- Program service revenue
- $4,820,383
- Investment income
- $165,953
- Other revenue
- $37,971
- Total assets, end of year
- $12,108,621
- Total liabilities, end of year
- $1,896,884
- Net assets or fund balances, end of year
- $10,211,737
- Program services expenses (Part IX)
- $7,147,079
- Management and general expenses
- $1,178,412
- Fundraising expenses
- $214,613
- Program service expenses (Part III)
- $7,147,079
Program services were 83.7% 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
$7,500
-
1f · All other contributions, gifts and grants
$2,250,449
-
1g · Noncash contributions included above
$25,902
-
2a · Program service revenue: Tuition & fees
total $3,350,541 · related or exempt $3,350,541
-
2b · Program service revenue: Auxiliary income
total $1,422,662 · related or exempt $1,422,662
-
2c · Program service revenue: Bookstore sales
total $47,180 · related or exempt $47,180
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $169,760 · excluded $169,760
-
6a · Gross rents
real property $36,598
-
6b · Less rental expenses
real property $14,335
-
6c · Rental income or loss
real property $22,263 · personal property $0
-
6d · Net rental income or loss
total $22,263 · excluded $22,263
-
7a · Gross sales of assets other than inventory
securities $1,103,677 · other assets $5,000
-
7b · Less cost or other basis and sales expenses
securities $1,105,964 · other assets $6,520
-
7c · Gain or loss
securities -$2,287 · other assets -$1,520
-
7d · Net gain or loss
total -$3,807 · excluded -$3,807
-
8a · Fundraising events: gross income
$1,812
-
8a · Fundraising events: contributions included on line 1c
$7,500
-
8b · Fundraising events: direct expenses
$6,923
-
8c · Net income from fundraising events
total -$5,111 · excluded -$5,111
-
11d · All other revenue
total $20,819 · related or exempt $0 · unrelated business $0 · excluded $20,819
-
11e · Other revenue, total
$20,819
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,639,207 · program services $1,639,207
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $579,106 · program services $459,759 · management and general $100,847 · fundraising $18,500
-
6 · Compensation of disqualified persons
total $62,588 · management and general $62,588
-
7 · Other salaries and wages
total $3,101,286 · program services $2,550,418 · management and general $453,689 · fundraising $97,179
-
8 · Pension plan contributions
total $29,761 · program services $21,488 · management and general $7,390 · fundraising $883
-
9 · Other employee benefits
total $391,070 · program services $266,181 · management and general $107,857 · fundraising $17,032
-
10 · Payroll taxes
total $252,024 · program services $198,548 · management and general $44,731 · fundraising $8,745
-
11b · Fees: legal
total $13,379 · management and general $13,379
-
11c · Fees: accounting
total $48,645 · management and general $48,645
-
11f · Fees: investment management
total $7,749 · program services $4,137 · management and general $3,063 · fundraising $549
-
11g · Fees: other
total $280,677 · program services $182,933 · management and general $73,414 · fundraising $24,330
-
12 · Advertising and promotion
total $117,149 · program services $51,123 · management and general $62,076 · fundraising $3,950
-
13 · Office expenses
total $168,363 · program services $104,338 · management and general $35,506 · fundraising $28,519
-
14 · Information technology
total $28,986 · program services $5,037 · management and general $23,949
-
16 · Occupancy
total $271,571 · program services $271,571
-
17 · Travel
total $160,576 · program services $141,195 · management and general $12,193 · fundraising $7,188
-
19 · Conferences, conventions and meetings
total $94,764 · program services $83,587 · management and general $7,029 · fundraising $4,148
-
20 · Interest
total $31,202 · program services $43 · management and general $31,159
-
22 · Depreciation, depletion and amortization
total $353,789 · program services $313,210 · management and general $39,967 · fundraising $612
-
23 · Insurance
total $8,293 · program services $8,293
-
24a · Other expenses: Food expense
total $407,830 · program services $398,369 · management and general $9,423 · fundraising $38
-
24b · Other expenses: Permit & licenses
total $74,553 · program services $69,078 · management and general $5,475
-
24c · Other expenses: Dues and Subscriptions
total $23,897 · program services $22,199 · management and general $1,698
-
24d · Other expenses: Assessment
total $8,076 · program services $8,076
-
24e · All other expenses
total $385,563 · program services $348,289 · management and general $34,334 · fundraising $2,940
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $312,422 · end of year $319,170
-
3 · Pledges and grants receivable
beginning of year $1,439,968 · end of year $1,216,750
-
4 · Accounts receivable
beginning of year $105,459 · end of year $40,082
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $74,933 · end of year $72,484
-
9 · Prepaid expenses and deferred charges
beginning of year $94,623 · end of year $151,037
-
10a · Land, buildings and equipment: cost or other basis
$13,825,147
-
10b · Land, buildings and equipment: accumulated depreciation
$8,843,553
-
10c · Land, buildings and equipment, net
beginning of year $4,698,247 · end of year $4,981,594
-
11 · Investments: publicly traded securities
beginning of year $2,074,457 · end of year $1,706,551
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $3,861,225 · end of year $3,620,953
-
17 · Accounts payable and accrued expenses
beginning of year $295,081 · end of year $535,089
-
19 · Deferred revenue
beginning of year $131,030 · end of year $74,031
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $886,807 · end of year $982,884
-
24 · Unsecured notes and loans payable
beginning of year $10,400 · end of year $10,400
-
25 · Other liabilities
beginning of year $321,036 · end of year $294,480
-
27 · Net assets without donor restrictions
beginning of year $4,906,131 · end of year $4,935,131
-
28 · Net assets with donor restrictions
beginning of year $6,110,849 · end of year $5,276,606
Mission and programs · 2023
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. 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 offers 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 programs and majors in Bible & Theology 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. During fiscal year 2024, 277 students received higher education.
Expenses $6,280,295 · Grants $1,639,207 · Revenue $3,350,541
-
The College provided room and board to an average of 149 students during the fiscal year. Other on campus auxiliary enterprises available to students include a coffee shop, cafe and textbook sales.
Expenses $866,784 · Revenue $1,469,842
As filed on the 2023 return.
Listed in Part VII
-
Dan Mearns
Treasurer
- Total calculated
- $0
- Hours/week
- 2.3
-
Frederick F Schwertfeger
Vice Chairman
- Total calculated
- $0
- Hours/week
- 2.3
-
Matthew Phelan
Secretary
- Total calculated
- $0
- Hours/week
- 2.3
-
Philip Boom
President
- Total calculated
- $116,820
- From this org
- $113,427
- From related orgs
- $0
- Other
- $3,393
- Hours/week
- 40
-
Steven L Leary
Chairman
- Total calculated
- $0
- Hours/week
- 2.3
-
Abraham Thomas
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
Benjamin Scripture
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
Chad Legel
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
David S Harper
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
Dr Steven Price
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
Ian S Taylor
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
Julio Morel
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
Mark Barinowski
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
Michael Hart
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
Robert Warner
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
William Gustoff
Trustee
- Total calculated
- $0
- Hours/week
- 0.6
-
Chad Cunningham
Vice President of Advancement
- Total calculated
- $77,048
- From this org
- $69,689
- From related orgs
- $0
- Other
- $7,359
- Hours/week
- 40
-
Israel Chavez
Vice President of Student Life
- Total calculated
- $90,805
- From this org
- $89,408
- From related orgs
- $0
- Other
- $1,397
- Hours/week
- 40
-
Joseph Abdy
Vice President for Admin/Finance
- Total calculated
- $100,189
- From this org
- $78,882
- From related orgs
- $0
- Other
- $21,307
- Hours/week
- 40
-
Raju Kunjummen
Vice President for Academic Affairs
- Total calculated
- $77,710
- From this org
- $76,514
- From related orgs
- $0
- Other
- $1,196
- Hours/week
- 40
-
Tom Kook
Vice President of Enrollment/Mktg
- Total calculated
- $89,460
- From this org
- $88,168
- From related orgs
- $0
- Other
- $1,292
- 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)
Trust · NC · controlled entity
Directly controlled by Emmaus Bible College
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 24 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530559349301048
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