The Moody Bible Institute of Chicago

EIN: 362167792 501(c)(3) Education

Chicago, IL

Total Revenue
$129,574,445
Total Expenses
$134,764,263
Total Assets
$571,805,894
Net Assets
$382,287,953
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1887
Legal Domicile
IL
Phone
3123294000
Tax Period
2024-07-01 to 2025-06-30

The Moody Bible Institute of Chicago, founded in 1887, is a major nonprofit in the Education sector that reported $129.6M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $382.3M represent 35 months of operating reserves.

Mission

Moody exists to proclaim the gospel and equip people to be biblically grounded, practically trained, and to engage the world through gospel-centered living. In short, we prepare people for their purpose and calling!

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $61,883,438
Program Service Revenue $54,661,541
Investment Income $13,029,466
Other Revenue $0
TOTAL REVENUE $129,574,445

Expense Breakdown

Grants Paid $1,983,838
Salaries & Benefits $74,413,471
Fundraising Expenses $14,016,582
Program Expenses $112,898,863
Other Expenses $56,751,250
TOTAL EXPENSES $134,764,263

Year-over-Year Comparison

2024 2023 Change
Revenue $129,574,445 $119,294,298 +0.1%
Expenses $134,764,263 $126,794,340 +0.1%
Net Income $-5,189,818 $-7,500,042 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
12
Employees
1804
Volunteers
17

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
21
$3,292,990
Total Directors
14
$398,176
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julianna Slattery Trustee, Assistant Secretary 2.5
Officer Director
$0 $0 $0
Mark Flannery Vice Chairman 2.5
Officer Director
$0 $0 $0
Mark Jobe President & CEO 38.8
Officer Director
$298,235 $99,941 $398,176
Richard E Warren Chairman 2.5
Officer Director
$0 $0 $0
T Randall Fairfax Trustees Secretary 2.5
Officer Director
$0 $0 $0
James Meeks Trustee 2.0
Director
$0 $0 $0
Karen Melby Suwyn Trustee 2.0
Director
$0 $0 $0
Manuel J Gutierrez Trustee (Thru 5/2025) 2.0
Director
$0 $0 $0
Michael Fabarez Trustee 2.0
Director
$0 $0 $0
Orbelina Eguizabal Escobar Trustee 2.0
Director
$0 $0 $0
Robert J Schuldt Trustee 2.0
Director
$0 $0 $0
Robert Seiffert Trustee 2.0
Director
$0 $0 $0
Timothy T Bush Trustee 2.0
Director
$0 $0 $0
William L Rogers TRUSTEE 2.0
Director
$0 $0 $0
Bruce A Everhart VP and Chief Development Officer 38.8
Officer
$165,005 $24,131 $189,136
David Wesley Ward VP, Moody Radio 38.8
Officer
$166,586 $43,186 $209,772
Deborah A Zelinski VP, Human Resources 38.8
Officer
$177,073 $24,073 $201,146
Greg Thornton Chief Financial Officer (Thru 1/20/2025) 38.8
Officer
$208,703 $36,602 $245,305
Hikari Wakimasu Treasurer (Thru 09/2024) 38.8
Officer
$88,928 $8,170 $97,098
James G Elliott VP, Stewardship 38.8
Officer
$168,425 $34,599 $203,024
Janet A Stiven VP, General Counsel and Assistant Secretary 38.8
Officer
$195,345 $25,221 $220,566
John D Sauceda Chief Information Officer 38.8
Officer
$149,036 $34,462 $183,498
Magdalena Martensen CFO and Treasurer and Assistant Secretary (Begin 1/20/25) 38.8
Officer
$0 $0 $0
Mark A Wagner Executive VP and Chief Operating Officer (Thru 6/30/2025) 38.8
Officer
$242,838 $289 $243,127
Michael A Rydelnik VP and Dean, Undergraduate School (Thru 6/30/2025) 38.8
Officer
$94,762 $78,610 $173,372
Randall Payleitner VP of Moody Publishers 38.8
Officer
$137,552 $43,103 $180,655
Samuel S Choy VP, Chief Marketing Officer 38.8
Officer
$174,993 $42,570 $217,563
Timothy Sisk Provost and Senior VP, Education 38.8
Officer
$153,600 $24,985 $178,585
William Washington VP and Dean of Student Life and Enrollment 38.8
Officer
$109,538 $85,350 $194,888
Winfred O Neely VP and Dean, Moody Theological Seminary and Graduate School (Thru 6/30/2025) 38.8
Officer
$90,632 $66,447 $157,079
Douglas J Murphy Dean of Operations and Strategic Educational Initiatives 38.8
Highest
$134,280 $39,302 $173,582
Karl J Clauson Radio Host 38.8
Highest
$132,264 $38,814 $171,078
Lisa Karlson Controller 38.8
Highest
$130,463 $9,421 $139,884
Pepi O Manieson IT Services 38.8
Highest
$134,703 $40,312 $175,015
Roy Patterson Jr Community Relations Director 38.8
Highest
$128,991 $22,821 $151,812
Dwight A Perry Senior VP and Dean of Education (thru 6/30/2025), Former Provost 38.8
$76,249 $118,835 $195,084
Paul J Santhouse Former VP of Moody Publishers (thru 6/30/2024) 0.0
$148,087 $16,025 $164,112
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 $129,574,445 $134,764,263 $571,805,894 $-5,189,818
2024 $119,294,298 $126,794,340 $549,888,224 $-7,500,042
2023 $116,660,737 $116,542,038 $531,203,812 $118,699
2022 $263,295,292 $116,657,220 $517,402,862 $146,638,072
2020 $109,007,070 $112,482,779 $328,644,002 $-3,475,709
2019 $114,375,470 $114,927,481 $339,786,632 $-552,011
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