CARVER BAPTIST BIBLE INSTITUTE COLLEGE

EIN: 430916344 501(c)(3) Education

RAYTOWN, MO

Total Revenue
$483,734
Total Expenses
$377,667
Total Assets
$678,423
Net Assets
$621,050
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
MO
Principal Officer
DR ANTOINE D RICHARDSON
Tax Period
2023-07-01 to 2024-06-30

CARVER BAPTIST BIBLE INSTITUTE COLLEGE, founded in 1942, is a small nonprofit in the Education sector that reported $484K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $106K, a strong 22% operating margin.

Mission

CARVER BAPTIST BIBLE COLLEGE, INSTITUTE & THEOLOGICAL SEMINARY, AS A CHRISTIAN INSTITUTION OF HIGHER EDUCATION, EXISTS TO GLORIFY GOD BY TRAINING AND EQUIPPING CHRISTIANS FOR EFFECTIVE CHURCH MINISTRY IN A MULTI-ETHNIC WORLD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $422,869
Program Service Revenue $52,138
Investment Income $8,727
Other Revenue $0
TOTAL REVENUE $483,734

Expense Breakdown

Grants Paid $0
Salaries & Benefits $150,081
Fundraising Expenses $1,530
Program Expenses $330,677
Other Expenses $227,586
TOTAL EXPENSES $377,667

Year-over-Year Comparison

2023 2022 Change
Revenue $483,734 $387,644 +0.2%
Expenses $377,667 $341,136 +0.1%
Net Income $106,067 $46,508 +1.3%
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

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Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
37

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
6
$30,000
Total Directors
10
$30,000
Key Employees
1
$30,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ANTOINE D RICHARDSON PRESIDENT 40.00
Officer Director Key Emp
$30,000 $0 $30,000
ROMELL COOKS TRUSTEE 1.00
Director
$0 $0 $0
THERESA SHEFFIELD TRUSTEE 1.00
Director
$0 $0 $0
ROXANE JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
DR JAMES CLARK TRUSTEE 1.00
Director
$0 $0 $0
KENT LUGRAND PARLIAMENTARIAN 1.00
Officer Director
$0 $0 $0
RONALD Q WILLIAMS VICE-CHAIRMAN 1.00
Officer Director
$0 $0 $0
DR LUKE BOBO CHAIRMAN 1.00
Officer Director
$0 $0 $0
EVERTON NEIL TREASURER 1.00
Officer Director
$0 $0 $0
PHYLLIS KOPP SECRETARY 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
2025 No data No data No data No data
2024 $483,734 $377,667 $678,423 $106,067
2023 $387,644 $341,136 $478,726 $46,508
2022 $379,303 $346,744 $395,757 $32,559
2021 $365,288 $300,958 $377,771 $64,330
2020 $307,688 $285,503 $258,973 $22,185
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