2025-05-12T14:43:29-05:00 2024-06-30 823318910 Wallace Accounting Services 3726 Kimballdale Dr Dallas TX 75233 990 2023-07-01 750891475 Foster College Southern Bible Institute & College % Lakesha Grice SOUT 9722245481 P O Box 763609 Dallas TX 75376 LAKESHA GRICE VP of Operatioins and Advancement 9722245481 2025-05-12 true false LADELL WALLACE P01472564 2147290920 2025-05-12 2023 2025-03-06 01:10:19Z X Southern Bible Institute & College TERRANCE FORD 7200 S Hampton Rd Dallas TX 75232 780387 false X www.foster.edu X 1927 TX Our mission is to equip students to live serve and lead with Godly influence and impact in their communities and throughout the world 7 7 6 0 261760 701680 67495 92105 14 1 4590 -13589 333859 780197 0 0 387456 322077 0 224284 607084 582966 994540 905043 -660681 -124846 1035229 911603 697913 699133 337316 212470 The mission of Foster College is to equip students to live, serve, and lead with Godly influence and impact in their communities and throughout the world. false false 488761 133 794527 Our focus is to prepare individuals through rigorous academic instruction in truth of Holy Scripture, for more effective service in their home, church, community, and in the world. The desire is to produce graduates who are servant leaders in the ministry field regardless of denominational affiliation and distinctively marked by Foster College's branding statement: "Transforming lives through education for Godly impact." 488761 true true false false false false false false false false true false false false false false true false true false false false false false false false false false false false false false false false false false true false false false false false false false false false false true 31 0 false 6 true false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false TX X LAKESHA GRICE 9722245481 7200 S Hampton Rd Dallas TX 75232 JAMES THOMPSON Chairman 1.000 X 0 0 0 AL ANGELL Vice Chairman 1.000 X 0 0 0 LELIOUS JOHNSON Board Treasurer 1.000 X 0 0 0 WALT WALDIE Director 1.000 X 0 0 0 MARILYN FAIR Director 1.000 X 0 0 0 TERRANCE FORD President 40.00 X 87023 0 27421 DAVID ALLEN Director 1.000 X 0 0 0 RICHARD WILLIS Director 1.000 X 0 0 0 87023 27421 false false false 133 701547 701680 Tuitions 611600 92105 92105 92105 1 1 1650 1650 1650 0 1161 190 971 Graduation Fees 611600 875 875 Miscellaneous 611600 415 415 Loss on disposal of p & e 611600 -17500 -17500 -16210 780197 75896 322077 161731 47814 112532 28197 28197 33158 23892 9266 46314 15446 17636 13232 66279 37641 10330 18308 19408 10201 9207 35078 18438 6666 9974 23397 13136 3628 6633 Contract Labor 260423 170365 42615 47443 Repairs and Maintenance 46172 25123 21049 24540 12788 4856 6896 905043 488761 191998 224284 179250 49068 262730 303594 14889 31711 198281 190541 1764253 1440589 367462 323664 12617 13025 1035229 911603 197913 199133 500000 500000 697913 699133 X -24295 -268163 361611 480633 337316 212470 1035229 911603 -124846 X true X true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 110195 110195 1029230 1029230 420551 264001 156550 204277 147358 56919 323664 Life Ins cash surrender v 13025 13025 true true true true true true true false false false false false false false false false false true Part I Line 3 Advertisements include pictures of the student population, faculty, and staff which show the diversity of races on our official school catalogue. false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false DR TERRANCE FORD President 114444 Compensation false SARAI M FORD Spouse of President 33146 Compensation false DR MARTIN HAWKINS Former Executive 15000 Compensation false false false false false false false false Part VI Line 11b The VP of Admin & Advancement reviews the Form 990 with the CEO and then Part VI Line 11b with the Board Finance Committee. Board members can ask any questions. Part VI Line 12c The Conflict of Interest Policy requires annual disclosures by Board Part VI Line 12c members and key staff members. The Board reviews the disclosures. Part VI Line 15a or b The Board Finance Committee determines compensation after review of revenue Part VI Line 15a or b and expenditures considering projections for the new year. Part VI Line 19 These documents can be requested in writing by sending a public Part VI Line 19 request to the organization's office.