Build faith and train leaders around the world through affordable, accessable higher education utilizing distance learning.

501(c)(3) charity; gifts are tax-deductible.
38¢ of each $1 spent went to programs.
$316K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $14K a year · 2% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
38%
of spending
Concern: 38% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$316K
to officers and key staff · 43% of spending
Concern: pay to officers and key staff is 43% of spending; over 30%.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $634K in investments, Pt X · Ln 11–13
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $141K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$8K
1.0% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$700K
Spent
$736K
To programs
38%
Net assets
$794K
By yearFY2023–FY2024
Revenue
$700K
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2023$700K
FY2024$718K
Expenses
$736K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2023$736K
FY2024$711K
Net assets
$794K
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2023$794K
FY2024$961K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2022-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Sep 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

38 cents of each dollar spent went to programs.

Program services 38% · $279K Management & general 38% · $278K Fundraising 24% · $179K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $316K paid to officers and key staff.

Part VII, Section A · reportable compensation
$66,155Pt VII · Sec A
Trustee, President, CEO
$53,064Pt VII · Sec A
Communication Director
$50,392Pt VII · Sec A
Student Advisor
$48,001Pt VII · Sec A
Administrator
$41,499Pt VII · Sec A
Prison Services Director
$30,900Pt VII · Sec A
Registrar
$15,357Pt VII · Sec A
Asst. Registrar and Student Advisor
$10,387Pt VII · Sec A

Dr David Srygley’s $70K as Cao is at the 62nd percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023
Dr David Srygley$69,996$66,155
Dr John Baxter$53,064$53,064
Jonathan R Sloan$52,104$50,392
Gail Heiderich$49,632$48,001
Glenn Beville$42,912$41,499
Randi Baxter$30,900$30,900
Mary Mabery—$15,357
Lindsey Sullivan$10,740$10,387

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Trains leaders globally via affordable, accessible distance learning to build faith.

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Provided by the organization

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1 program · $279K · in their own filed words · FY2023
01

Approximately 1,800 students from 100 countries were enrolled in the study of theology at year end

$279Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 9 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$700K
Ln 12
Gifts and grantsLn 1h$573K
Fees for servicesLn 2g$109K
Investment incomeLn 3$17K
Money outPt IX
$736K
Ln 25
Programscol B$279K
Managementcol C$278K
Fundraisingcol D$179K
Owns and owesPt X
$794K
net assets · Ln 32
Cash and savingsLn 1–2$137K
Total assetsLn 16$801K
LiabilitiesLn 26$8K
PeoplePt VI, VII
20
listed · VII A
PaidVII A8
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$573K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$109K
Investment incomeLn 3$17K
Other incomeLn 4–11$1K
Total revenueLn 12$700K
Assets in detailPt X, end of year
CashLn 1$137K
SavingsLn 2$0
Cash and savings togetherLn 1–2$137K
InvestmentsLn 11–13$634K
Land, buildings, equipmentLn 10c$12K
Other assetsLn 15$0
Total assetsLn 16$801K
LiabilitiesLn 26$8K
Net assetsLn 32$794K
OperationsPt I, VI
EmployeesI 59
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$119K$137K
InvestmentsLn 11–13$604K$634K
Land, buildings, equipmentLn 10c$12K$12K
Total assetsLn 16$752K$801K
LiabilitiesLn 26$6K$8K
Net assetsLn 32$746K$794K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$379K$97K$178K$103K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$30K$3K$20K$7K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$6K$0$6K$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$51K$51K$0$0
Office expensesLn 13$9K$0$6K$3K
Information technologyLn 14$83K$78K$0$5K
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$47K$0$47K$0
TravelLn 17$9K$5K$3K$1K
Conferences, conventions and meetingsLn 19$4K$2K$815$1K
InsuranceLn 23$3K$0$3K$0
Other expenses (24a–d)Ln 24$100K$43K$7K$51K
All other expensesLn 24e$13K$0$5K$8K
Total functional expensesLn 25$736K$279K$278K$179K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $718K$711K$8K$961K 990 PDF
FY2023 Viewing $700K$736K−$36K$794K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $699,591 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $498,441$572,712
I-9 Program service revenuePrior year $90,570$108,821
I-10 Investment incomePrior year $19,198$16,800
I-11 Other revenuePrior year $1,188$1,258
I-12 Total revenuePrior year $609,397$699,591
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $418,382$408,751
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $339,574$327,237
I-18 Total expensesPrior year $757,956$735,988
I-19 Revenue less expensesPrior year −$148,559−$36,397
Part VI · Governance 12 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $699,591 across 12 lines filed
Lines not itemized here account for $1,258 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$572,712
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$572,712
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $108,821 · Unrelated business $0 · Excluded from tax $0$108,821
VIII-3 Investment incomeRelated to mission $16,800 · Unrelated business $0 · Excluded from tax $0$16,800
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $126,879 · Unrelated business $0 · Excluded from tax $0$699,591
Part IX · Statement of functional expenses $735,988 across 27 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $97,055 · Management $178,113 · Fundraising $103,456$378,624
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $2,711 · Management $20,487 · Fundraising $6,929$30,127
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $6,361 · Fundraising $0$6,361
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $51,490 · Management $0 · Fundraising $0$51,490
IX-13 Office expensesPrograms $0 · Management $5,957 · Fundraising $3,487$9,444
IX-14 Information technologyPrograms $78,092 · Management $0 · Fundraising $4,516$82,608
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $47,431 · Fundraising $0$47,431
IX-17 TravelPrograms $5,098 · Management $3,330 · Fundraising $1,049$9,477
IX-19 Conferences, conventions and meetingsPrograms $1,850 · Management $815 · Fundraising $1,180$3,845
IX-23 InsurancePrograms $0 · Management $3,258 · Fundraising $0$3,258
IX-24 Other expenses (24a–d)Programs $42,981 · Management $6,911 · Fundraising $50,591$100,483
IX-24e All other expensesPrograms $0 · Management $4,849 · Fundraising $7,991$12,840
IX-25 Total functional expensesPrograms $279,277 · Management $277,512 · Fundraising $179,199$735,988
Part X · Balance sheet $801,484 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $119,041$137,370
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $13,875$15,975
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $3,280$2,400
X-10c Land, buildings and equipment, netStart of year $11,738$11,738
X-11 Publicly traded securitiesStart of year $603,913$634,001
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $751,847$801,484
X-17 Accounts payable and accrued expensesStart of year $5,842$7,872
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $5,842$7,872
X-27 Net assets without donor restrictionsStart of year $176,515$199,122
X-28 Net assets with donor restrictionsStart of year $569,490$594,490
X-32 Total net assets or fund balancesStart of year $746,005$793,612
X-33 Total liabilities and net assetsStart of year $751,847$801,484
Part XI · Reconciliation of net assets $793,612 net assets at year end
XI-1 Total revenue$699,591
XI-2 Total expenses$735,988
XI-3 Revenue less expenses−$36,397
XI-4 Net assets at start of year$746,005
XI-5 Net unrealized gains (losses) on investments$87,226
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments−$3,222
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$793,612

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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