BIBLICAL LIFE INSTITUTE (EIN 256068388) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1959

Legal Domicile

Principal Officer

GARY BAILEY

Phone

7242952464

Tax Period

2021-07-01 to 2022-06-30

BIBLICAL LIFE INSTITUTE, founded in 1959, is a small nonprofit that reported $546K in total revenue in fiscal year 2021. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $264K, a strong 48% operating margin.

Mission

BIBLICAL LIFE INSTITUTE IS A SCHOOL OF BIBLICAL HIGHER EDUCATION THAT PREPARES STUDENTS FOR FAITHFUL THOUGHT AND LIFE IN ORDER TO TRANSFORM LIVES AND BUILD THE KINGDOM OF GOD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $20,699

Program Service Revenue $0

Investment Income $1,399

Other Revenue $523,516

TOTAL REVENUE $545,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $140,644

Fundraising Expenses $17,862

Program Expenses $151,453

Other Expenses $140,971

TOTAL EXPENSES $281,615

Year-over-Year Comparison

	2021	2020	Change
Revenue	$545,614	$353,745	+0.5%
Expenses	$281,615	$308,587	-0.1%
Net Income	$263,999	$45,158	+4.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$80,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY BAILEY	PRESIDENT	40.00	Officer	$80,400	$0	$80,400
GREGG BECKER	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY BILL	CHAIR	1.00	Officer Director	$0	$0	$0
DARREN DEGRAAF	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY FUELLBRANDT	DIRECTOR	1.00	Director	$0	$0	$0
REV KATHY MARSHALL-SPATE	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW PAULSON	DIRECTOR	1.00	Director	$0	$0	$0
REV ALAN POWELL	DIRECTOR	1.00	Director	$0	$0	$0
MATT SMITH	TREASURER	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$545,614	$281,615	$1,797,645	$263,999
2021	$353,745	$308,587	$1,567,456	$45,158
2020	$282,440	$475,857	$1,549,101	$-193,417
2018	$466,146	$452,078	$1,383,021	$14,068

BIBLICAL LIFE INSTITUTE