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Carolina College Of Biblical Studies

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561388743 ✦ Fayetteville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Carolina College Of Biblical Studies?

Carolina College of Biblical Studies, located in Fayetteville, North Carolina, is a nonprofit organization dedicated to educating individuals to deeply understand and apply God's word in the context of effective local church ministry. With a focus on biblical higher education, the college aims to develop lifelong servant leaders. The institution operates with a team of 55 employees, and its mission is to disciple Christ-followers through rigorous education, fostering a lifetime of impactful service in the church community.


Official website here: www.ccbs.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

Carolina College Of Biblical Studies has received a strong rating of 86%, indicating solid performance in accountability and finance. This score is derived entirely from their accountability and finance metrics, which highlight the organization's strong governance structure and adherence to ethical practices. Notably, 90% of their board members are independent, ensuring that decision-making is free from conflicts of interest.

The organization has effectively implemented several key policies, including a conflict of interest policy and a whistleblower policy, both of which are crucial for transparency and accountability. Additionally, their financial practices are sound, with no material diversions of assets reported and a low liabilities to assets ratio of 2.66%. This suggests that the organization is managing its resources responsibly.

However, while their program expense ratio stands at 62.17%, which is respectable, there is room for improvement, as it falls short of the optimal range for nonprofit organizations. Overall, Carolina College Of Biblical Studies demonstrates a commitment to responsible governance and operational integrity, making it a reliable choice for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Carolina College Of Biblical Studies legitimate?

Carolina College Of Biblical Studies is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina College Of Biblical Studies submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $209,409
Professional Fundraising Fees: $0
Other Salaries and Wages: $694,349

For more financial information, click here


Official website here: www.ccbs.edu

What is the mission statement of Carolina College Of Biblical Studies?

Carolina College of Biblical Studies is committed to discipling Christ-followers through biblical higher education, aiming for a lifetime of effective servant leadership. The institution's mission is to educate individuals to deeply understand and apply God's word in the context of effective local church ministry. The college's primary goal is to equip students with the necessary skills and knowledge to serve effectively in their communities as Christian leaders.


Official website here: www.ccbs.edu

What is the revenue of Carolina College Of Biblical Studies?

Carolina College Of Biblical Studies's revenue in 2024 was $1,556,997.


Official website here: www.ccbs.edu

Who are the executives of Carolina College Of Biblical Studies and what are their salaries?

The average compensation at Carolina College Of Biblical Studies during 2024 was $15,855. There are 57 employees and 12 volunteers at Carolina College Of Biblical Studies.

Here are 11 key members and their salaries:


Anna Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Korver (President)
  • Compensation: $105,495
  • Related: $0
  • Other: $28,800
Brad Haley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tauber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Bruton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Berkheimer (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Powers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd C Conormon (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olin Saunders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claude Haley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Hovater (Vp Of Finance)
  • Compensation: $55,547
  • Related: $0
  • Other: $0


Official website here: www.ccbs.edu

Where can I find the form 990 for Carolina College Of Biblical Studies?

Carolina College Of Biblical Studies's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ccbs.edu

Learn more at the official website: www.ccbs.edu

Mission Statement of Carolina College Of Biblical Studies

Carolina College of Biblical Studies is committed to discipling Christ-followers through biblical higher education, aiming to foster a lifetime of effective servant leadership. The institution's mission is to educate individuals, enabling them to comprehend and apply God's word in the context of effective local church ministry. By doing so, Carolina College of Biblical Studies empowers its students to make a lasting impact in their faith journeys and the communities they serve.

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Impact




July, 2024

Carolina College of Biblical Studies plays a significant role in equipping individuals with the knowledge and skills to understand and apply God's word within the context of effective local church ministry. By focusing on discipleship and biblical higher education, the college is shaping Christ-followers for a lifetime of effective servant leadership. Located in Fayetteville, North Carolina, Carolina College of Biblical Studies is making a tangible impact on individuals who are seeking a deeper understanding of the Bible and practical training for ministry within the church. Its dedication to educating and empowering students in biblical teachings contributes to the development of strong and competent leaders in the realm of religious education and service.




This information is meant to be a general summary of Carolina College Of Biblical Studies. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,556,997 (2024)
Expenses
$1,606,621 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $31,659
  • Program Service Revenue: $1,045,367
  • Gross Receipts: $1,605,301

Assets and Liabilities:

  • Total Assets: $3,505,236
  • Total Liabilities: $193,244
  • Net Assets: $3,311,992

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$1,030,872

SCHOOL & ALUMNI ACTIVI

Revenue

$14,495

Organization Details

Founding Year

1982

Principal Officer

Bill Korver

NTEE Category

Code: B42Z - Education

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