FAITH BAPTIST BIBLE COLLEGE Charity Report

Public IRS 990 nonprofit record

FAITH BAPTIST BIBLE COLLEGE

EIN 47-0394397 · Education (B42Z)

What they do

Post Secondary and Graduate Educational Institution The Mission of Faith Baptist Bible College and Theological Seminary is to Equip Vocational Christian Workers and Other Servant Leaders While Inspiring Them to Take The Word to The World.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

70.87%of revenue went to mission work76.8% of expenses · Program services

1.39%of revenue went to fundraising1.5% of expenses

$92.28spent for every $100 of revenueRevenue covered expenses this year.

20.01%of revenue went to management and office costs21.7% of expenses

$2.00in assets for every $1 spent this yearSome assets cannot be spent right away.

25.3%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $140,392 for JAMES R TILLOTSON (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,712,916

Mission workProgram services$8,301,21970.87% of revenue76.8% of expenses

ManagementOffice and general costs$2,344,27820.01% of revenue21.7% of expenses

FundraisingAsking for donations$163,1061.39% of revenue1.5% of expenses

Revenue left after expensesReported annual surplus$904,3137.72% of revenueShown in gray on the chart

Total expenses$10,808,60392.28% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.8% mission · 21.7% management · 1.5% fundraisingTotal expenses: 92.28% of revenue

2023Expense mix: 74.0% mission · 23.4% management · 2.6% fundraisingTotal expenses: 102.86% of revenue

2022Expense mix: 74.7% mission · 23.1% management · 2.1% fundraisingTotal expenses: 108.03% of revenue

2021Expense mix: 75.6% mission · 22.4% management · 2.0% fundraisingTotal expenses: 98.99% of revenue

2020Expense mix: 76.0% mission · 22.1% management · 2.0% fundraisingTotal expenses: 82.31% of revenue

2019Expense mix: 75.0% mission · 23.1% management · 1.9% fundraisingTotal expenses: 105.55% of revenue

2018Expense mix: 74.0% mission · 24.1% management · 1.9% fundraisingTotal expenses: 114.17% of revenue

2017Expense mix: 76.0% mission · 22.1% management · 1.8% fundraisingTotal expenses: 110.91% of revenue

Money in and money out

Revenue$11,712,916

Expenses$10,808,603

Annual surplus $904,313 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$8,301,219 · 76.8% of expenses

Management and office costs$2,344,278 · 21.7% of expenses

Fundraising$163,106 · 1.5% of expenses

See all reported dollar amounts

Revenue$11,712,916

Expenses$10,808,603

Assets$21,639,583

Income$12,030,509

Contributions$2,958,069

Mission work (program services)$8,301,219

Fundraising$163,106

Management and general$2,344,278

Stocks and bonds$11,085,754

Accounting fees$50,540

Investing fees$87,872

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JAMES R TILLOTSONPRESIDENT · 40 hrs/week $140,392

KENNETH D RATHBUNVICE PRESIDENT, ACADEMIC DEAN · 40 hrs/week $102,039

MARK L DAVISVICE PRESIDENT · 40 hrs/week $98,791

PAUL BRAYVICE PRESIDENT & CFO · 40 hrs/week $94,368

MARTIN T HERRONEXECUTIVE VICE PRESIDENT · 40 hrs/week $90,423

DOUGLAS E BROWNDEAN OF SEMINARY · 40 hrs/week $82,255

LESLIE W WHITELEYVICE PRESIDENT · 40 hrs/week $70,374

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

JAMES R TILLOTSONPRESIDENT

KENNETH D RATHBUNVICE PRESIDENT, ACADEMIC DEAN

MARK L DAVISVICE PRESIDENT

PAUL BRAYVICE PRESIDENT & CFO

MARTIN T HERRONEXECUTIVE VICE PRESIDENT

DOUGLAS E BROWNDEAN OF SEMINARY

LESLIE W WHITELEYVICE PRESIDENT

TIM CAPONDIRECTOR

ALBERTO MARQUEZDIRECTOR

STEVEN BOHNDIRECTOR, VICE CHAIRMAN

SAMUEL CHOIDIRECTOR

PAUL MANNDIRECTOR

PATRICK ODLEDIRECTOR

MICHAEL BLACKSTONEDIRECTOR

KENNETH R HANSENDIRECTOR

JASON PILCHARDDIRECTOR

JAMES RANDOLPHDIRECTOR & CHAIRMAN

DAVID BURMAN JRDIRECTOR & SECRETARY

DAN E WALKERDIRECTOR

ANTHONY WILSONDIRECTOR

About this charity

Recognized since: January 1967
Location: 1900 NW 4TH ST, ANKENY, IA 50023-2152
County: Polk
In care of: % FAIT
Primary officer: Paul M Bray, Vice President and CFO

How to reach them

WebsiteVisit the charity’s website Phone(515) 964-0601

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: DELMAR R MOHLER CPA
NTEE classification: Education (B42Z)