NonprofitsFaith Baptist Bible College

Education

Faith Baptist Bible College

ANKENY, IA

Total revenue

$11.7M

Total expenses

$10.8M

Net assets

$18.8M

Grants received

$1.3M

46 grants

EIN

470394397

Tax year

2024

Mission

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.

Programs

2 programs

Graduate education institution - Seminary Students (Fall 2024 - 36); (Spring 2025 - 39) The mission of Faith Baptist Theological Seminary is to equip vocational Christian workers and other servant leaders while inspiring them to take the Word to the world.

Expenses: $394K

Auxiliary Operation The auxiliary operations provide essential services to support the college and seminary including residential housing, food services, a book store, and athletic activities in support of the students.

Expenses: $3.2M

Financials

FY 2024

Revenue

Contributions & grants$3.0M
Program service revenue$8.4M
Investment income$329K
Other revenue
Total revenue$11.7M

Expenses

Grants paid
Salaries & benefits$6.5M
Fundraising$163K
Other expenses$4.3M
Total expenses$10.8M
Total assets$21.6M
Net assets$18.8M

People

20 listed

NameRoleCompensation

James R Tillotson

President

Board

$140K

40 hrs/wk

Kenneth D Rathbun

Vice President, Academic Dean

Board

$102K

40 hrs/wk

Mark L Davis

Vice President

Board

$99K

40 hrs/wk

Paul Bray

Vice President & CFO

Board

$94K

40 hrs/wk

Martin T Herron

Executive Vice President

Board

$90K

40 hrs/wk

Douglas E Brown

Dean of Seminary

Board

$82K

40 hrs/wk

Leslie W Whiteley

Vice President

Board

$70K

40 hrs/wk

Alberto Marquez

Director

Board

3 hrs/wk

Patrick Odle

Director

Board

3 hrs/wk

Jason Pilchard

Director

Board

3 hrs/wk

Michael Blackstone

Director

Board

3 hrs/wk

Dan E Walker

Director

Board

3 hrs/wk

Anthony Wilson

Director

Board

3 hrs/wk

James Randolph

Director & Chairman

Board

3 hrs/wk

Steven Bohn

Director, Vice Chairman

Board

3 hrs/wk

David Burman Jr

Director & Secretary

Board

3 hrs/wk

Tim Capon

Director

Board

3 hrs/wk

Samuel Choi

Director

Board

3 hrs/wk

Kenneth R Hansen

Director

Board

3 hrs/wk

Paul Mann

Director

Board

3 hrs/wk

Grants received

Showing 46 of 46

FromAmountPurposeYear
$15K
TUITION REDUCTION
2024
$10K
SCHOLARSHIP
2024
$7K
GENERAL SUPORT
2024
$3K
GENERAL OPERATING
2024
$3K
GENERAL OPERATIONS
2024
$180K
For grant recipient's exempt purposes
2023
$117K
DAF GRANT
2023
$100K
General Supprt
2023
$15K
TUITION REDUCTION
2023
$10K
GRANT DISTRIBUTION
2023
$8K
GENERAL FUND
2023
$5K
GENERAL SUPORT
2023
$43K
For grant recipient's exempt purposes
2022
$15K
Program support
2022
$10K
TUITION REDUCTION
2022
$6K
GENERAL SUPPORT
2022
$2K
GENERAL OPERATIONS
2022
$100K
DIVISION OF COLLEGE AND LIBRARY
2021
$69K
For grant recipient's exempt purposes
2021
$69K
For grant recipient's exempt purposes
2021
$8K
EDUCATION
2021
$6K
Program support
2021
$6K
SCHOLARSHIPS
2021
$100
Employee matching fund-Travis Ryan
2021
$34K
For grant recipient's exempt purposes
2020
$5K
SCHOLARSHIPS
2020
$5K
SCHOLARSHIPS
2020
$500
SCHOLARSHIPS
2020
$99K
BUILDING PROJECT
2019
$11K
For grant recipient's exempt purposes
2019
$9K
General Charitable Operation
2019
$1K
SCHOLARSHIPS
2018

Funded by

$1.3M from 24 funders · 46 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$406K · 6 grants · 2019–2023

Gs Donor Advised Philanthropy Fund

$281K · 5 grants · 2018–2023

Hillsdale College

$117K · 1 grant · 2023

Hills Bank Donor Advised Gift Fund

$100K · 1 grant · 2023

Love Family Foundation

$100K · 1 grant · 2021

Seed Foundation

$99K · 1 grant · 2019

The Eagle Foundation

$40K · 3 grants · 2022–2024

Heartfelt Scholarship Foundation Inc

$24K · 4 grants · 2020–2023

Details

EIN470394397
NTEE codeB42Z
Subsection03
Ruling date1967-10
Formed1921
Employees416
Volunteers75
FAITH BAPTIST BIBLE COLLEGE — Mission, Financials & Grants Received | Grantivo