2024-01-30T10:43:55-06:00 2023-06-30 481195228 KELLER & OWENS LLC 10955 LOWELL AVE STE 800 OVERLAND PARK KS 66210 990 2022-07-01 310544271 GOD'S BIBLE SCHOOL COLLEGE & MISSIONARY TRAINING HOME GODS 5137217944 1810 YOUNG STREET CINCINNATI OH 45202 REV RODNEY LOPER PRESIDENT 5137217944 2024-01-29 1 REV RODNEY LOPER 999009999 0 GREGORY D OWENS P00048643 9133383500 2024-01-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z REV RODNEY LOPER 1810 YOUNG STREET CINCINNATI OH 45202 8390369 0 X WWW.GBS.EDU X 1900 OH TO GLORIFY GOD AND SERVE HIS CHURCH BY PROVIDING EDUCATION TO PREPARE SERVANTS TO PROCLAIM JESUS CHRIST AND SPREAD HOLINESS THROUGHOUT THE WORLD. 14 14 244 13 0 0 5251803 1828479 3325830 4011885 516818 -192933 412495 417986 9506946 6065417 649862 1013429 0 0 2412926 2658588 0 0 526342 3059143 3423447 6121931 7095464 3385015 -1030047 11692881 10993475 875215 693991 10817666 10299484 X GOD'S BIBLE SCHOOL AND COLLEGE SEEKS TO GLORIFY GOD AND TO SERVE HIS CHURCH BY PROVIDING HIGHER EDUCATION CENTERED IN HOLY SCRIPTURE AND SHAPED BY WESLEYAN CONVICTION, THUS PREPARING FAITHFUL SERVANTS TO PROCLAIM JESUS CHRIST AND SPREAD SCRIPTURAL HOLINESS THROUGHOUT THE WORLD. 0 0 5864115 1013429 4036270 INSTRUCTION OF STUDENTS AND OPERATION OF SCHOOL. 5864115 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 721 0 244 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 1 0 0 X THE ORGANIZATION 5137217944 1810 YOUNG STREET CINCINNATI OH 45202 REV JACK HOOKER TRUSTEE 1.00 X 0 0 0 VIOLA DURR TRUSTEE 1.00 X 0 0 0 ROBERT ENGLAND JR BOARD CHAIR 1.00 X X 0 0 0 KEITH WAGGONER TRUSTEE 1.00 X 0 0 0 MONTE STETLER BOARD VICE-CHAIR 1.00 X X 0 0 0 BRENDA HERRING BOARD SECRETARY 1.00 X X 0 0 0 REV JOHN MANLEY TRUSTEE 1.00 X 0 0 0 REV DAVID CROSLEY TRUSTEE 1.00 X 0 0 0 DR DAVID BOARDMAN TRUSTEE 1.00 X 0 0 0 JONATHAN WITTER TRUSTEE 1.00 X 0 0 0 REV DANIEL EDWARDS TRUSTEE 1.00 X 0 0 0 ROBERT RYAN TRUSTEE 1.00 X 0 0 0 NATHAN SMITH TRUSTEE 1.00 X 0 0 0 STEVEN SNYDER TRUSTEE 1.00 X 0 0 0 DAVID SPIVEY TRUSTEE 1.00 X 0 0 0 REV RODNEY LOPER PRESIDENT 40.00 X 54316 0 8460 54316 0 8460 0 0 0 0 0 12450 428479 1387550 232615 1828479 TUITION & FEES 611310 3112297 3112297 AUXILIARY SERVICES 611310 680083 680083 SALES & SUBSCRIPTIONS 611310 148962 148962 OHIO STATE REIMBURSEMENTS 611310 66212 66212 DAY CARE SERVICES 624410 4331 4331 4011885 95980 95980 4647 4647 390214 0 390214 390214 390214 1987973 41006 2278292 39600 -290319 1406 -288913 -288913 5800 12450 7060 -1260 -1260 MISC INCOME 900099 15450 15450 ACTUARIAL ADJUSTMENT 900099 8804 8804 BAD DEBT RECOVERY 900099 131 131 24385 6065417 4036270 0 200668 1013429 1013429 57332 45866 5733 5733 2102043 1681635 210204 210204 355369 284295 35537 35537 143844 115076 14384 14384 245 245 36495 36495 18941 18941 31824 7579 24245 71486 71486 828067 493362 192392 142313 172990 86495 48437 38058 786023 723142 31441 31440 211218 162920 21828 26470 57604 48964 5760 2880 483094 444447 19324 19323 FOOD SERVICE 420235 420235 EDUCATION & STUDENT ACT 242407 228697 13710 BAD DEBTS 36487 36487 ANNUITY PAYMENTS 26331 26331 7095464 5864115 705007 526342 X 131313 78788 13131 39394 145641 488328 470246 382901 287813 170181 34711 23854 17427685 11368493 6224619 6059192 2663191 2927576 682470 898308 41335 43135 1142855 0 11692881 10993475 363778 203010 45248 27601 177298 136162 288891 327218 875215 693991 X 7911360 7205130 2906306 3094354 10817666 10299484 11692881 10993475 -1030047 511865 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2770906 120605 221868 121200 2992179 2768271 525250 -414215 108400 2770906 2269484 126378 470137 97728 2768271 2152412 120287 87494 90709 2269484 2074251 69715 95681 87235 2152412 0.00000 0.52930 0.47070 0 0 67179 378090 445269 14277630 9291214 4986416 2657949 2077279 580670 46837 46837 6059192 FIDELITY 500 INDEX FD 898308 F 898308 ANNUITIES PAYABLE 136201 DEPOSITS HELD FOR OTHERS 191017 327218 X 5745308 511865 193336 7060 712261 5033047 18941 1013429 1032370 6065417 6263490 193336 7060 200396 6063094 18941 1013429 1032370 7095464 PART V, LINE 4: ENDOWMENT FUNDS HAVE BEEN ESTABLISHED PRIMARILY TO BE USED AS SCHOLARSHIPS. PART X, LINE 2: THE SCHOOL HAS BEEN DECLARED EXEMPT FROM INCOME TAXES, EXCEPT ON UNRELATED BUSINESS INCOME, IF ANY, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE SCHOOL HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION, WHICH IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE SCHOOL HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10, AS IT MIGHT APPLY TO THE SCHOOL'S FINANCIAL TRANSACTIONS. THE SCHOOL'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION THAT IS BENEFICIAL TO THE SCHOOL, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO THE TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2023 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 7,060. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS 1,013,429. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 7,060. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS 1,013,429. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION HAS POSTED ITS NONDISCRIMINATION POLICY ON ITS WEBSITE IN ADDITION TO EXPLICITLY STATING THE POLICY IN ADMISSIONS MATERIALS. SCHEDULE E, PART I, LINE 6 THE STATE OF OHIO GIVES FUNDS TO THE ORGANIZATION FOR PROVIDING EDUCATION TO K-12 STUDENTS. FUNDS WERE RECEIVED FOR STUDENT FINANCIAL AID AND LOANS FOR STUDENTS FROM GOVERNMENT PROGRAMS AND GRANTS. AUCTION 18250 12450 5800 7060 18250 12450 5800 7060 7060 -1260 1 TUITION ASSISTANCE FOR STUDENTS OF GOD'S BIBLE SCHOOL 501 1013429 FMV OF TUITION SCHOLARSHIPS TO STUDENTS PART I, LINE 2: THE ORGANIZATION ONLY GAVE NONCASH TUITION REDUCTION SCHOLARSHIPS TO STUDENTS. THE ORGANIZATION HAS SET CRITERIA FOR SCHOLARSHIP RECIPIENTS. X 2 150300 FAIR MARKET VALUE X COMPUTERS & EQUIPMENT 1 82315 FMV 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES A STOCK BROKER FOR STOCK TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO BEING FILED WITH THE IRS, THE FINISHED FORM 990 IS SENT TO THE AUDIT & FINANCE COMMITTEE AND APPROVED BY THE COMMITTEE CHAIRMAN. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION REQUIRES ANNUAL WRITTEN DISCLOSURE OF ANY CONFLICTS. BOARD MEMBERS WITH CONFLICTS OF INTEREST RECUSE THEMSELVES FROM DISCUSSION AND VOTING ON THOSE ISSUES. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S BOARD OF TRUSTEES REVIEWS AND SETS THE PRESIDENT'S COMPENSATION. THE COMPENSATION IS WELL BELOW THE AVERAGE COMPENSATION OF AN INDIVIDUAL IN A SIMILAR POSITION IN A SIMILAR ORGANIZATION. THE BOARD OF TRUSTEES DOCUMENTS THE COMPENSATION DETERMINATION PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.