2026-05-15T14:08:13-05:00 2025-06-30 823318910 Wallace Accounting Services 3726 Kimballdale Dr Dallas TX 75233 990 2024-07-01 750891475 Foster College % Lakesha Grice SOUT 9722245481 P O Box 763609 Dallas TX 75376 LAKESHA GRICE VP of Operations and Advancement 9722245481 2026-05-15 true true LADELL WALLACE P01472564 2147290920 2026-05-15 2024 2025-03-06 01:10:19Z Southern Bible Institute & College Terrance Ford 7200 S Hampton Rd Dallas TX 75232 591501 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 8 8 6 0 0 701680 575673 92105 82508 1 204 -13589 -66914 780197 591471 0 0 322077 306773 0 296606 582966 670361 905043 977134 -124846 -385663 911603 576184 699133 749377 212470 -173193 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 504083 570581 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 Colleges branding statement: Transforming lives through education for Godly impact. 504083 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 true true false 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 X 8 8 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 TERRANCE FORD President 40.00 0.00 X 86044 0 27421 JAMES THOMPSON Chairman 1.00 0.00 X 0 0 0 LELIOUS JOHNSON Board Treasurer 1.00 0.00 X 0 0 0 WALT WALDIE Director 1.00 0.00 X 0 0 0 MARILYN FAIR Director 1.00 0.00 X 0 0 0 DAVID ALLEN Director 1.00 0.00 X 0 0 0 RICHARD WILLIS Director 1.00 0.00 X 0 0 0 TRINA STONE Director 1.00 0.00 X 0 0 0 NEHEMIAH JEFFERSON Director 1.00 0.00 X 0 0 0 86044 0 27421 0 false false false 575673 1175 575673 Tuitions 611600 80183 80183 Major Revenue Event 611600 2325 2325 82508 204 204 0 331 30 301 Graduation Fees 611600 350 350 Bad debt losses on receiv 611600 -87950 -87950 Insurance Proceeds 611600 19923 19923 462 462 -67215 591471 15497 0 0 306773 115616 49523 141634 34384 6877 27507 62876 11528 11168 40180 41244 20997 13239 7008 63741 35872 9544 18325 30954 14595 5161 11198 33453 15773 5578 12102 40940 23040 6130 11770 Contract Labor 331123 237438 46023 47662 Repairs and Maintenance 6881 3480 1165 2236 Bad Debt Expense 7504 7504 17261 11363 1407 4491 977134 504083 176445 296606 49068 21201 303594 31711 49392 190541 190680 1757477 1456021 323664 301456 13025 13455 911603 576184 199133 249377 500000 500000 699133 749377 X -268163 -330368 480633 157175 212470 -173193 911603 576184 -385663 0 X true X true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110195 110195 1011210 1011210 420551 283307 137244 215521 161504 54017 301456 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. SARAI MADISON FORD Wife of President 35000 Compensation false MARTIN E HAWKINS Former Executive 15000 Compensation false MT OLIVE BAPTIST CHURCH Lead Pastor is Board Chai 55570 Contributions false MARTIN E HAWKINS Former Executive 75000 Pledge Write-off 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.