2024-01-26T16:25:50-06:00 2023-06-30 264022510 HARRIS & CO PLLC 1120 S RACKHAM WAY SUITE 100 MERIDIAN ID 83642 990 2022-07-01 820309302 BOISE BIBLE COLLEGE INC BOIS 2083767731 8695 W MARIGOLD ST BOISE ID 83714 SCOTT LERWICK PRESIDENT 2083767731 2024-01-23 1 SCOTT LERWICK 999009999 0 MARGARET FLOWERS P00748716 2083338965 2024-01-23 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SCOTT LERWICK 8695 W MARIGOLD ST BOISE ID 83714 4159598 0 X WWW.BOISEBIBLE.EDU X 1974 ID TO PROVIDE COLLEGE TRAINING TO MEN AND WOMEN PLANNING TO ENTER THE CHRISTIAN MINISTRY. 14 14 74 22 0 0 1659642 1813850 941707 1271244 102484 51060 46672 36829 2750505 3172983 397926 379337 0 0 1737098 1897235 0 0 351561 1231884 1484759 3366908 3761331 -616403 -588348 6828761 6240640 461301 387045 6367460 5853595 X TO PROVIDE COLLEGE TRAINING TO MEN AND WOMEN PLANNING TO ENTER THE CHRISTIAN MINISTRY THROUGHOUT THE WORLD. 0 0 1112752 969657 INSTRUCTION: 4-YR ACCREDITED DEGREE GRANTING COLLEGE PROVIDES INSTRUCTION AND LIBRARY. 627994 338416 AUXILIARY: AUXILARY SERVICES PROVIDES THE FOLLOWING SUPPORT SERVICES: DORMITORY, CAFETERIA, COFFEE SHOP & BOOKSTORE. 379337 379337 STUDENT AID: AID GRANTED TO STUDENTS ATTENDING THE COLLEGE. 560627 STUDENT ACTIVITIES 560627 2680710 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 74 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X THE ORGANIZATION 2083767731 8695 W MARIGOLD ST BOISE ID 83714 NICK DUFFEL CHAIRMAN 30.00 X X 0 0 0 RANDY BOURN VICE CHAIRMAN 30.00 X X 0 0 0 DAVID LADD SECRETARY 30.00 X X 0 0 0 SETH THOMAS MEMBER 30.00 X X 0 0 0 DAN LEROY MEMBER 30.00 X X 0 0 0 ROB NESS MEMBER 30.00 X X 0 0 0 DAVE DANIEL MEMBER 18.00 X 0 0 0 RICK MCMICHAEL MEMBER 18.00 X 0 0 0 ERIK NEILSON MEMBER 18.00 X 0 0 0 MIKE PACKER MEMBER 18.00 X 0 0 0 CHRIS SHORT MEMBER 18.00 X 0 0 0 JIM SINNOTT MEMBER 18.00 X 0 0 0 JESSE WHITFORD MEMBER 18.00 X 0 0 0 MALCOM MOBERLY MEMBER 18.00 X 0 0 0 DR DEREK VOORHEES FORMER PRESIDENT 40.00 X 35091 0 42572 SCOTT LERWICK ACTING PRESIDENT 40.00 X 22862 0 17382 CHARLES FABER VICE PRESIDENT OF ACADEMIC AFFAIRS 40.00 X 69076 0 37981 DR CODY CHRISTENSEN DEAN OF STUDENTS 40.00 X 35888 0 22846 RUSSEL GROVE VICE PRESIDENT OF STUDENT LIFE 40.00 X 45437 0 36807 STEVEN MARSHALL VICE PRESIDENT OF FINANCE AND ADMINISTRATION 40.00 X 63111 0 22645 271465 0 180233 0 0 0 0 0 253364 1560486 1813850 TUITION 611310 597676 597676 AUXILIARY 611710 338416 338416 STUDENT SERVICES 611710 335152 335152 1271244 53213 53213 36030 0 36030 36030 36030 977998 980151 -2153 -2153 -2153 7263 6464 799 799 3172983 1308073 0 51060 379337 379337 535136 390329 87242 57565 1182674 862643 192811 127220 27637 20159 4505 2973 84401 61562 13760 9079 67387 49152 10986 7249 9741 9741 49950 49950 7844 7844 94712 49413 45299 636010 477009 159001 60379 11675 9417 39287 20005 12448 7557 240409 198095 37506 4808 CAFETERIA MEALS 111579 110663 916 MISCELLANEOUS 97466 22866 73180 1420 RECRUITING AND ADMISSIO 84184 84184 DUES AND SUBSCRIPTIONS 21880 10340 11540 50600 13036 37564 3761331 2680710 729060 351561 17880 45789 331783 24966 55512 3389 3389 40122 18623 8834297 4173847 4825228 4660450 1870729 1036478 46447 88616 6828761 6240640 109296 77276 25729 179357 326276 130412 461301 387045 X 4963566 4360173 1403894 1493422 6367460 5853595 6828761 6240640 -588348 74483 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 512281 185688 32092 4108 725953 831374 19024 338117 512281 800183 36560 5369 831374 817433 6804 24054 800183 813787 6328 2682 817433 1.00000 0 0 97581 97581 6647180 2573796 4073384 1626678 1364159 262519 462858 235892 226966 4660450 ANNUITY PAYMENT LIABILITY 27829 AGREEMENT PAYMENT LIABILITY 102583 130412 X 3221133 74483 6464 80947 3140186 32797 32797 3172983 3734998 6464 6464 3728534 32797 32797 3761331 PART V, LINE 4: ENDOWMENT FUNDS INTENDED TO BE USED FOR STUDENT SCHOLARSHIPS: $549,507 ENDOWMENT FUNDS INTENDED TO BE USED FOR PLANT FUND: $176,446 THE COLLEGE'S ENDOWMENT CONSISTS OF 7 INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE COLLEGE CLASSIFIES AS ENDOWMENT FUNDS WITH DONOR RESTRICTIONS (A) THE VALUE OF ORIGINAL AND SUBSEQUENT GIFTS DONATED TO THE ENDOWMENT (THE CORPUS) AND (B) THE VALUE OF THE UNEXPENDED FUNDS OF THE ENDOWMENT ASSET BEYOND THE CORPUS AMOUNT. THE UNEXPENDED FUNDS RECEIVED FOR STUDENT SCHOLARSHIPS ARE CLASSIFIED AS ASSETS WITH DONOR RESTRICTIONS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE ORGANIZATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE DESCRIBED BY THE IDAHO UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA). IN ACCORDANCE WITH UPMIFA, THE ORGANIZATION CONSIDERS THE INVESTMENT POLICY OF THE ORGANIZATION IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS. PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE COLLEGE MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2023 AND 2022. THE COLLEGE FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE COLLEGE'S INCOME TAX RETURNS ARE GENERALLY NO LONGER SUBJECT TO EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2019. THE COLLEGE'S TAX RETURNS ARE NOT CURRENTLY UNDER EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NET FROM SALES 6,464. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES NET FROM REVENUE 32,797. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,464. 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 DURING THE APPLICATION PROCESS A SCHOOL CATALOG IS GIVEN TO THE APPLICANT, WHICH INCLUDES THE SCHOOL'S NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 TITLE IV STUDENT FINANCIAL AID PROGRAMS. 1 STUDENT FINANCIAL AID 471 379337 FMV STUDENT FINANCIAL AID PART I, LINE 2: GRANTS CONSIST OF STUDENT FINANCIAL AID. THE FINANCIAL AID OFFICE REVIEWS SCHOLARSHIP CRITERIA AND ELIGIBILITY EACH SEMESTER FOR EVERY STUDENT. WITHDRAWALS FROM CLASSES REQUIRE THE STUDENT TO HAVE A FORM SIGNED BY THE ACADEMIC OFFICE, THE BUSINESS OFFICE, AND THE FINANCIAL AID OFFICE. THE AMOUNT OF SCHOLARSHIPS GRANTED IS PRO-RATED BASED ON FEDERAL REGULATIONS. FORM 990, PART VI, SECTION A, LINE 1A PER THE ORGANIZATION'S BYLAWS, DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS THE GOVERNING BODY DELEGATES BROAD AUTHORITY TO ACT ON ITS BEHALF TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL POWERS OF THE BOARD OF DIRECTORS WITH THE EXCEPTION OF THOSE THAT REQUIRE BOARD APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE BUSINESS MANAGER REVIEWS AND APPROVES FORM 990 PRIOR TO ITS FILING AND THE BOARD REVIEWS FORM 990 AFTER IT HAS BEEN FILED. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND BOARD MEMBERS SIGN AN ANNUAL STATEMENT INDICATING ANY POTENTIAL CONFLICTS OF INTEREST, OR THAT THEY HAVE NONE. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS THESE STATEMENTS AND ADDRESSES ANY CONFICTS. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE DETERMINED IN THE LIGHT OF PREVAILING ECONOMIC CONDITIONS AND IN CONFORMITY TO A SCALE OF SALARIES THAT IS APPROVED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS REVIEWS COMPENSATION ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ADMINISTRATIVE STAFF PROVIDES A COPY OF ANY REQUESTED GOVERNING DOCUMENTS OR POLICIES TO THE PUBLIC AFTER THE PRESIDENT HAS BEEN NOTIFIED. SCHEDULE O NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.