ETERNITY BIBLE COLLEGE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

DAN LOVEJOY

Phone

8055811233

Tax Period

2021-07-01 to 2022-06-30

ETERNITY BIBLE COLLEGE, founded in 2010, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2021. Expenses of $963K left a modest 13% surplus.

Mission

AS AN INSTITUTION OF CHRISTIAN HIGHER EDUCATION, EBC EXISTS TO GLORIGY GOD THROUGH GRADUATES WHOSE LIVES ARE TRANSFORMED BY RIGOROUS STUDY OF THE BIBLE AS SCRIPTURE. IMPASSIONED LOVE FOR GOD, AND GRACIOUS SERVICE IN THE CHURCH FOR THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $799,163

TRAINING EDUCATION EBC OFFERS A BACHELOR OF BIBLICAL STUDIES WHICH IS A FOUR YEAR PROGRAM AND SEVERAL CERTIFICATE PROGRAMS RANGING FROM ONE TO TWO YEARS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $180,692

Program Service Revenue $923,476

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,104,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $698,798

Fundraising Expenses $46,112

Program Expenses $799,163

Other Expenses $263,765

TOTAL EXPENSES $962,563

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,104,168	$1,118,531	0.0%
Expenses	$962,563	$970,788	0.0%
Net Income	$141,605	$147,743	0.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL LOVEJOY	TREASURER	002.00	Officer Director	$0	$0	$0
ALDELBERT OWYOUNG	MEMBER	002.00	Director	$0	$0	$0
DOUGLAS GROSSMAN	SECRETARY	002.00	Officer Director	$0	$0	$0
SPENCER MACCUISH	PRESIDENT CEO	040.00	Officer Director Key Emp	$0	$0	$0
PAUL BARKER	MEMBER	002.00	Director	$0	$0	$0
BRANT NAVE	CHAIRMAN	002.00	Officer Director	$0	$0	$0
JAY PIERSON	MEMBER	002.00	Director	$0	$0	$0
ROB GAPPER	MEMBER	002.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2022	$1,104,168	$962,563	$411,623	$141,605
2021	$1,118,531	$970,788	$287,163	$147,743
2020	$1,063,993	$974,258	$297,791	$89,735
2019	$927,951	$976,334	$106,376	$-48,383