Totals
- Total revenue
- $8,178,931
- Total expenses
- $7,220,356
- Contributions and grants received
- $3,038,961
- Grants paid
- $1,576,329
- Program service revenue
- $4,986,757
- Investment income
- $49,143
- Other revenue
- $104,070
- Total assets, end of year
- $12,590,912
- Total liabilities, end of year
- $4,410,259
- Net assets or fund balances, end of year
- $8,180,653
- Program services expenses (Part IX)
- $5,786,047
- Management and general expenses
- $1,285,414
- Fundraising expenses
- $148,895
- Program service expenses (Part III)
- $5,786,047
Program services were 80.1% 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.
-
1e · Government grants (contributions)
$278,758
-
1f · All other contributions, gifts and grants
$2,760,203
-
1g · Noncash contributions included above
$101,573
-
2a · Program service revenue: Tuition & fees
total $3,034,983 · related or exempt $3,034,983
-
2b · Program service revenue: Auxiliary enterprises
total $1,113,631 · related or exempt $1,113,631
-
2c · Program service revenue: Extension ministries
total $831,419 · related or exempt $831,419
-
2d · Program service revenue: Membership dues
total $6,724 · related or exempt $6,724
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $23,544 · excluded $23,544
-
6a · Gross rents
real property $69,740
-
6b · Less rental expenses
real property $53,911
-
6c · Rental income or loss
real property $15,829 · personal property $0
-
6d · Net rental income or loss
total $15,829 · excluded $15,829
-
7a · Gross sales of assets other than inventory
securities $399,589
-
7b · Less cost or other basis and sales expenses
securities $373,990
-
7c · Gain or loss
securities $25,599 · other assets $0
-
7d · Net gain or loss
total $25,599 · excluded $25,599
-
10a · Gross sales of inventory
$103,288
-
10b · Cost of goods sold
$53,639
-
10c · Net income from sales of inventory
total $49,649 · related or exempt $49,649
-
11d · All other revenue
total $38,592 · related or exempt $38,592 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$38,592
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,576,329 · program services $1,576,329
-
5 · Compensation of officers, directors and key employees
total $250,828 · management and general $250,828
-
6 · Compensation of disqualified persons
total $48,434 · program services $48,434
-
7 · Other salaries and wages
total $1,981,534 · program services $1,671,252 · management and general $203,890 · fundraising $106,392
-
8 · Pension plan contributions
total $41,596 · program services $37,341 · management and general $4,078 · fundraising $177
-
9 · Other employee benefits
total $282,187 · program services $225,352 · management and general $37,625 · fundraising $19,210
-
10 · Payroll taxes
total $187,412 · program services $115,340 · management and general $63,887 · fundraising $8,185
-
11c · Fees: accounting
total $89,231 · management and general $89,231
-
11g · Fees: other
total $23,091 · program services $0 · management and general $23,091 · fundraising $0
-
12 · Advertising and promotion
total $46,891 · program services $4,147 · management and general $42,744
-
13 · Office expenses
total $321,869 · program services $228,640 · management and general $82,290 · fundraising $10,939
-
14 · Information technology
total $10,675 · management and general $10,675
-
16 · Occupancy
total $374,837 · program services $236,197 · management and general $138,640
-
17 · Travel
total $146,555 · program services $106,764 · management and general $37,119 · fundraising $2,672
-
19 · Conferences, conventions and meetings
total $34,860 · program services $32,674 · management and general $2,186
-
20 · Interest
total $169,181 · program services $87,515 · management and general $81,666
-
22 · Depreciation, depletion and amortization
total $546,521 · program services $454,231 · management and general $90,970 · fundraising $1,320
-
23 · Insurance
total $144,643 · program services $118,260 · management and general $26,383
-
24a · Other expenses: Food service costs
total $553,654 · program services $553,654
-
24b · Other expenses: Dues and subscriptions
total $42,851 · program services $34,066 · management and general $8,785
-
24c · Other expenses: Bad debt
total $12,443 · management and general $12,443
-
24e · All other expenses
total $334,734 · program services $255,851 · management and general $78,883 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $338,690 · end of year $111,785
-
2 · Savings and temporary cash investments
beginning of year $177,871 · end of year $262,681
-
4 · Accounts receivable
beginning of year $215,386 · end of year $124,394
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
8 · Inventories for sale or use
beginning of year $30,514 · end of year $31,909
-
9 · Prepaid expenses and deferred charges
beginning of year $43,292 · end of year $35,854
-
10a · Land, buildings and equipment: cost or other basis
$23,982,646
-
10b · Land, buildings and equipment: accumulated depreciation
$14,284,601
-
10c · Land, buildings and equipment, net
beginning of year $9,763,027 · end of year $9,698,045
-
11 · Investments: publicly traded securities
beginning of year $1,140,108 · end of year $1,936,501
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $400,068 · end of year $389,743
-
17 · Accounts payable and accrued expenses
beginning of year $269,889 · end of year $314,386
-
19 · Deferred revenue
beginning of year $216,912 · end of year $197,373
-
20 · Tax-exempt bond liabilities
beginning of year $3,614,136 · end of year $3,232,495
-
22 · Loans and payables to officers and key people
end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $695,813 · end of year $622,728
-
25 · Other liabilities
beginning of year $45,934 · end of year $43,277
-
27 · Net assets without donor restrictions
beginning of year $4,592,495 · end of year $5,446,173
-
28 · Net assets with donor restrictions
beginning of year $2,673,777 · end of year $2,734,480
Mission and programs · 2022
Mission
Serves the Christian community in the strengthening of local churches; educational programs promote responsible Christian character and maturity, and prepare graduates for vocational and volunteer church-related service.
Activities or mission (Part I)
Educate students through quality academics, Christ-like character, and Christian service.
-
The vision of Appalachian Bible College is to be a quality fundamental ministry of Biblical higher education by training students through a truth-driven curriculum and transformative co-curriculum that prepares Christlike servants who are skilled in interpreting, obeying, and proclaiming God's Word for the global spread of the Gospel of the Lord Jesus Christ and the strengthening of His Church. As a regionally & nationally accredited, private, not-for-profit college with approximately 50 full-time staff and faculty serving about 250 students, the college grants Master of Arts, Bachelor of Arts and Associate of Arts degrees with majors focusing on Bible & Theology and other vocational ministries.
Expenses $3,582,722 · Grants $1,576,329 · Revenue $3,073,575
-
While the college provides a variety of avenues and locations for learning, the majority of its students train on the main Mount Hope campus as resident students. The college's auxiliary enterprises includes campus housing for single students in its 3 main residence halls as well as 14 duplexes for married students. Other enterprises include full dining services for students and an on-campus coffee shop. This college residential experience provides opportunities for great impact in the community as students attend and serve in a number of local churches and in other places such as nursing homes, hospice care, and programs for youth.
Expenses $1,151,922 · Revenue $1,170,004
-
The college's Extension Ministries seeks to edify the Church through Christ-centered ministries, which challenge people through God's Word to wholly follow Christ. These ministries provide year-round opportunities for churches, youth groups, families, and individuals to participate in wholesome, spiritually engaging activities through residential camps, retreats, and adventure activities to all age groups, serving about 5,000 guests annually.
Expenses $1,051,403 · Revenue $831,419
As filed on the 2022 return.
Listed in Part VII
-
Dr Daniel Anderson
President
- Total calculated
- $110,052
- From this org
- $52,017
- From related orgs
- $0
- Other
- $58,035
- Hours/week
- 40
-
Dr Jerald Fisher
Board Chair/Director
- Total calculated
- $0
- Hours/week
- 2
-
Karen L Weatherholt
Board Secretary/Director
- Total calculated
- $0
- Hours/week
- 2
-
Steven D Brown
Vice Chair/Director
- Total calculated
- $0
- Hours/week
- 2
-
Clyde D Gwin
Director
- Total calculated
- $0
- Hours/week
- 2
-
Daniel Greear
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr TR Barker
Director
- Total calculated
- $0
- Hours/week
- 2
-
G Lane Ellis
Director
- Total calculated
- $0
- Hours/week
- 2
-
Holly W Fisher
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jesse L Smith
Director
- Total calculated
- $0
- Hours/week
- 2
-
John D Cale Jr
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mark Fast
Director
- Total calculated
- $0
- Hours/week
- 2
-
Maureen S Van Den Berg
Director
- Total calculated
- $0
- Hours/week
- 2
-
Rev Joel A Wegner
Director
- Total calculated
- $0
- Hours/week
- 2
-
Rev Matthew Eichhorn
Director
- Total calculated
- $0
- Hours/week
- 2
-
Rev Matthew White
Director
- Total calculated
- $0
- Hours/week
- 2
-
Rev Van Marsceau
Director
- Total calculated
- $0
- Hours/week
- 2
-
Romie N Mundy
Director
- Total calculated
- $0
- Hours/week
- 2
-
William D Duncan
Director
- Total calculated
- $0
- Hours/week
- 2
-
Caleb Frink
Secretary
- Total calculated
- $57,350
- From this org
- $30,055
- From related orgs
- $0
- Other
- $27,295
- Hours/week
- 40
-
Michael Rowe
CFO/Treasurer, VP of Business
- Total calculated
- $79,332
- From this org
- $36,556
- From related orgs
- $0
- Other
- $42,776
- 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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Appalachian Bible Fellowship Inc
501(c)(3) · Provide Bible training for children and Christian young people and adults · WV
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401039349301215
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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