Overview
What is Alaska Bible College?
Alaska Bible College, located at 248 E Elmwood Ave, Palmer, AK 99645, is a nonprofit institution with a mission to exalt Jesus Christ and extend His church. They achieve this by biblically training believers to become servant-leaders with Christ-like character. The college educates and instructs its students, with the majority residing in campus dormitories. Dorm residents often dine together in the Food Cache, which also serves as a welcoming space for social and leisure activities. The college's purpose is to transform the world through ministries that evangelize, disciple, and meet human needs. With a team of 34 employees, Alaska Bible College fosters an environment that nurtures and prepares its students for impactful service.
Official website here: www.akbible.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating
Alaska Bible College has received a score of 78%, indicating a solid performance in terms of accountability and finance. The rating reflects a strong emphasis on governance, as evidenced by the presence of a fully independent board and well-structured financial oversight, scoring full points in several areas such as independent board members and audit committee measures.
The organization demonstrates a good commitment to transparency and responsible financial practices, with a low liability to assets ratio of 11.88%, showing a stable financial footing. However, it is worth noting that the college has a program expense ratio of 61.81%, which is moderately low and may suggest that more funds could be directed toward its programs and services.
Despite these strengths, Alaska Bible College has some gaps in its policies, including a missing whistleblower policy and document retention policies. Addressing these areas could enhance its governance framework and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Alaska Bible College legitimate?
Alaska Bible College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alaska Bible College 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $449,205
For more financial information, click here
Official website here: www.akbible.edu
What is the mission statement of Alaska Bible College?
Alaska Bible College's mission is centered around exalting Jesus Christ and expanding His church. They achieve this by biblically educating and training believers to become servant-leaders, embodying Christ-like character. The college aims to transform the world through ministries that evangelize, disciple, and address human needs. The majority of full-time students reside in campus dormitories, sharing meals together in the food cache and utilizing it as a comfortable space for social and leisure activities.
Official website here: www.akbible.edu
Who is the CEO of Alaska Bible College?
David Ley is the President of Alaska Bible College.
Official website here: www.akbible.edu
What is the revenue of Alaska Bible College?
Alaska Bible College's revenue in 2023 was $661,163.
Official website here: www.akbible.edu
Who are the executives of Alaska Bible College and what are their salaries?
The average compensation at Alaska Bible College during 2023 was $15,565. There are 34 employees and 51 volunteers at Alaska Bible College.
Here are 8 key members and their salaries:
- Compensation: $75,000
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.akbible.edu
Where can I find the form 990 for Alaska Bible College?
Alaska Bible College's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.akbible.edu
Learn more at the official website: www.akbible.edu
Mission Statement of Alaska Bible College
Alaska Bible College, a nonprofit institution, is dedicated to exalting Jesus Christ and expanding His church. It achieves this mission by biblically training believers to become servant-leaders, embodying Christ-like character. The college's objective is to educate and instruct students, inspiring them to transform the world through ministries that evangelize, disciple, and address human needs. The majority of full-time students reside in the campus dormitories, fostering a sense of community. They often share meals together in the food cache, or cafeteria, and engage in social and leisure activities within its comfortable atmosphere.
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Impact
July, 2024
Alaska Bible College's impact is evident in its commitment to exalting the Lord Jesus Christ and extending His church through the biblical training of believers to become servant-leaders with Christ-like character. The college educates and instructs students to transform the world through ministries that evangelize, disciple, and meet human needs. By providing a supportive environment for students to live, learn, and grow together on campus, Alaska Bible College is shaping future leaders who will make a positive difference in their communities and beyond.
This information is meant to be a general summary of Alaska Bible College. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$83,733
- Program Service Revenue: $411,798
- Gross Receipts: $661,918
Assets and Liabilities:
- Total Assets: $3,033,459
- Total Liabilities: $360,400
- Net Assets: $2,673,059
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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
$317,887
AUXILIARY INCOME
Revenue
$93,911
Organization Details
Founding Year
1966
Phone
(907) 745-3201Principal Officer
David Ley
Main Address
248 E ELMWOOD AVE, PALMER, AK, 99645
Website
www.akbible.eduNTEE Category
Code: B58P - Education
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