Skip to content
Nonprofiteer
← JUBILEE UNIVERSITY

Form 990 for tax year 2023

Filed by JUBILEE UNIVERSITY.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 27 November 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total expenses
$578,277 changed to $420,618
Program services expenses
$432,884 changed to $312,666
Management and general expenses
$142,950 changed to $105,509
Program service expenses (Part III)
$432,884 changed to $312,666

Totals

Total revenue
$361,444
Total expenses
$578,277
Contributions and grants received
$361,444
Grants paid
$50,830
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$606,752
Total liabilities, end of year
$84,025
Net assets or fund balances, end of year
$522,727
Program services expenses (Part IX)
$432,884
Management and general expenses
$142,950
Fundraising expenses
$2,443
Program service expenses (Part III)
$432,884

Program services were 74.9% 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.

  • 1f · All other contributions, gifts and grants

    $361,444

  • 1g · Noncash contributions included above

    $36,694

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,830 · program services $50,830

  • 7 · Other salaries and wages

    total $119,144 · program services $95,565 · management and general $21,343 · fundraising $2,236

  • 10 · Payroll taxes

    total $11,007 · program services $8,828 · management and general $1,972 · fundraising $207

  • 11c · Fees: accounting

    total $16,186 · program services $4,865 · management and general $11,321

  • 12 · Advertising and promotion

    total $1,059 · program services $1,059

  • 13 · Office expenses

    total $8,932 · program services $5,334 · management and general $3,598

  • 16 · Occupancy

    total $132,227 · program services $92,559 · management and general $39,668

  • 17 · Travel

    total $4,726 · program services $4,726

  • 20 · Interest

    total $1,440 · management and general $1,440

  • 22 · Depreciation, depletion and amortization

    total $10,923 · program services $6,429 · management and general $4,494

  • 23 · Insurance

    total $9,523 · program services $9,523

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $16,134 · program services $16,134

  • 24b · Other expenses: UTILITIES

    total $62,746 · program services $9,277 · management and general $53,469

  • 24c · Other expenses: TAXES & LICENSES

    total $1,606 · management and general $1,606

  • 24d · Other expenses: VEHICLE COSTS

    total $148 · management and general $148

  • 24e · All other expenses

    total $131,646 · program services $127,755 · management and general $3,891

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $102,061 · end of year $69,163

  • 10a · Land, buildings and equipment: cost or other basis

    $232,605

  • 10b · Land, buildings and equipment: accumulated depreciation

    $26,416

  • 10c · Land, buildings and equipment, net

    beginning of year $180,418 · end of year $206,189

  • 15 · Other assets

    beginning of year $413,100 · end of year $331,400

  • 17 · Accounts payable and accrued expenses

    beginning of year $23,551 · end of year $17,012

  • 23 · Secured mortgages and notes payable

    beginning of year $89,362 · end of year $51,400

  • 25 · Other liabilities

    beginning of year $765 · end of year $15,613

  • 27 · Net assets without donor restrictions

    beginning of year $581,901 · end of year $522,727

Mission and programs · 2023

Mission

A PRIVATE CHRISTIAN UNIVERSITY THAT PROVIDES BIBLICAL HIGHER EDUCATION BY EQUIPPING STUDENTS WITH ACADEMIC AND PRACTICAL SKILLS AND DEEP THEOLOGICAL UNDERSTANDING IN ORDER TO SERVE CHURCHES AND MINISTRIES AND TO MAKE DISCIPLES.

  • ESTABLISHED A UNIVERSITY IN WHICH BIBLICAL HIGHER EDUCATION CAN BE OFFERED.

    Expenses $432,884

As filed on the 2023 return.

Listed in Part VII

  • Marcus Lundin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Aaron Reppert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dorothy Li

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kenneth Trudeau Jr

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • Yooshin Park

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

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

Provenance

Return type
form_990
Tax year
2023
Filed
21 October 2024
IRS schema version
2023v5.1
Source object
202403119349300930

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.