2025-01-15T11:21:58-06:00 2024-06-30 481195228 KELLER & OWENS LLC 10955 LOWELL AVE STE 800 OVERLAND PARK KS 66210 990 2023-07-01 310544271 GOD'S BIBLE SCHOOL COLLEGE & MISSIONARY TRAINING HOME GODS 5137217944 1810 YOUNG STREET CINCINNATI OH 45202 REV RODNEY LOPER PRESIDENT 5137217944 2025-01-15 1 0 GREGORY D OWENS P00048643 9133383500 2025-01-15 2023 2024-10-15 13:58:12Z REV RODNEY LOPER 1810 YOUNG STREET CINCINNATI OH 45202 10161527 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. 15 15 275 12 0 0 1828479 2481135 4011885 4609683 -192933 113831 417986 405127 6065417 7609776 1013429 912493 0 0 2658588 2909245 0 0 530836 3423447 3268696 7095464 7090434 -1030047 519342 10993475 11768517 693991 562028 10299484 11206489 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 5816487 912493 4555438 INSTRUCTION OF STUDENTS AND OPERATION OF SCHOOL. 5816487 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 1 725 0 275 1 0 0 0 0 0 1 1 1 1 0 0 0 0 0 X 15 15 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 AMY EAVEY TRUSTEE 1.00 X 0 0 0 BRENDA HERRING BOARD SECRETARY 1.00 X X 0 0 0 REV JOHN MANLEY BOARD VICE-CHAIR 1.00 X 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 54530 0 8640 54530 0 8640 0 0 0 0 0 20411 223207 2237517 264817 2481135 TUITION & FEES 611310 3606013 3606013 AUXILIARY SERVICES 611310 764856 764856 SALES & SUBSCRIPTIONS 611310 170995 170995 OHIO STATE REIMBURSEMENTS 611310 62950 62950 DAY CARE SERVICES 624410 4869 4869 4609683 116669 116669 4640 4640 373939 0 373939 373939 373939 2309356 219900 2312997 219097 -3641 803 -2838 -2838 10000 20411 19657 -9657 -9657 LEGAL SETTLEMENT 900099 27500 27500 ACTUARIAL ADJUSTMENT 900099 7265 7265 MISC INCOME 900099 1440 1440 36205 7609776 4618388 0 510253 912493 912493 58596 46876 5860 5860 2333615 1866893 233361 233361 327443 261955 32744 32744 189591 151673 18959 18959 2669 2669 40230 40230 20514 20514 73556 6404 67152 37206 37206 781682 423881 196906 160895 12535 6267 3510 2758 877376 807186 35095 35095 164036 127747 17369 18920 43248 36761 4325 2162 5815 5815 502046 461882 20082 20082 FOOD SERVICE 367943 367943 EDUCATION & STUDENT ACT 285725 264088 21637 BAD DEBTS 37232 37232 ANNUITY PAYMENTS 16883 16883 7090434 5816487 743111 530836 X 130908 78545 13091 39272 488328 654750 382901 446030 170181 286999 23854 13704 16441358 10712110 6059192 5729248 2927576 3706491 898308 890645 43135 40650 10993475 11768517 203010 149962 27601 23458 136162 96461 327218 292147 693991 562028 X 7205130 7388335 3094354 3818154 10299484 11206489 10993475 11768517 519342 387663 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2992179 477251 374207 192963 3650674 2770906 120605 221868 121200 2992179 2768271 525250 -414215 108400 2770906 2269484 126378 470137 97728 2768271 2152412 120287 87494 90709 2269484 0.44190 0.55810 0 0 67179 378090 445269 14417136 9655419 4761717 1555469 1056691 498778 23484 23484 5729248 FIDELITY 500 INDEX FD 890645 F 890645 ANNUITIES PAYABLE 128936 DEPOSITS HELD FOR OTHERS 163211 292147 X 7283862 387663 209773 9657 607093 6676769 20514 912493 933007 7609776 6376857 209773 9657 219430 6157427 20514 912493 933007 7090434 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, 2024 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 9,657. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS 912,493. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 9,657. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS 912,493. 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 30411 20411 10000 19657 30411 20411 10000 19657 19657 -9657 1 TUITION ASSISTANCE FOR STUDENTS OF GOD'S BIBLE SCHOOL 502 912493 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 1 54817 FAIR MARKET VALUE X 1 200000 FAIR MARKET VALUE X AUCTION ITEMS 1 10000 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES A STOCK BROKER FOR STOCK TRANSACTIONS AND A REALTOR FOR REAL ESTATE 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.