Status and standing
Is it real, and can you give to it?
Where the money goes
What each dollar paid for.
Statement of Functional Expenses
Financial health
Is it on solid ground?
Summary of the Filing
| FY2019 | $573K |
|---|---|
| FY2020 | $512K |
| FY2021 | $1.2M |
| FY2022 | $1.8M |
| FY2023 | $1.0M |
| FY2024 | $912K |
| FY2024 | $576K |
| FY2019 | $153K |
|---|---|
| FY2020 | $182K |
| FY2021 | $120K |
| FY2022 | $762K |
| FY2023 | $698K |
| FY2024 | $699K |
| FY2024 | $749K |
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 53% | — | — |
| Overhead ratio | 19% | — | — |
| Fundraising cost ratio | 109% | — | — |
| Revenue growth | -58% | — | — |
| Accounting fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Who runs it, and what are they paid?
Officers, Directors & Key Employees
Terrance Ford’s $86K as President is at the 76th 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Terrance Ford | $86,044 | $87,023 | $69,643 | $58,109 | — | — |
| Martin E Hawkins | — | — | — | — | $13,591 | $9,409 |
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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Governance & Policies
- 6Voting board membersPt VI · Ln 1a
- 6Independent board membersPt VI · Ln 1b
- Conflict-of-interest policyPt VI · Ln 12aYes
- Whistleblower policyPt VI · Ln 13Yes
- Document retention policyPt VI · Ln 14Yes
- Top official’s pay independently reviewedPt VI · Ln 15aYes
- Family or business ties among leadersPt VI · Ln 2No
Mission and programs
What it does.
Equips students to live, serve, and lead with Godly influence globally.
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Where the work happens
Our focus is to prepare individuals through rigorous academic instruction in truth of Holy Scripture, for more effective service in their home, church, community, and in the world. The desire is to produce graduates who are servant leaders in the ministry field regardless of denominational affiliation and distinctively marked by SBIC's…
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
Every return on file.
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 | $780K | $905K | +134% | 990 PDF |
| FY2023 Viewing | $334K | $995K | -58% | 990 PDF |
| FY2022 | $794K | $851K | -44% | 990 PDF |
| FY2021 | $1.4M | $703K | +116% | 990 PDF |
| FY2020 | $661K | $751K | +11% | 990 PDF |
| FY2019 | $598K | $863K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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Sources
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