APPALACHIAN BIBLE COLLEGE INC

EIN: 550370901 501(c)(3)

MOUNT HOPE, WV

Total Revenue
$9,211,572
Total Expenses
$8,535,806
Total Assets
$13,394,241
Net Assets
$10,051,412
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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
WV
Principal Officer
DR DANIEL ANDERSON
Phone
3048776428
Tax Period
2024-06-01 to 2025-05-31

APPALACHIAN BIBLE COLLEGE INC, founded in 1954, is a community nonprofit that reported $9.2M in total revenue in fiscal year 2024. Expenses of $8.5M left a modest 7% surplus.

Mission

SERVING THE CHRISITAN COMMUNITY IN THE STRENGTHENING OF LOCAL CHURCHES, PROMOTING RESPONSIBLE CHRISTIAN CHARACTER AND MATURITY THROUGH EDUCATIONAL PROGRAMS, AND PREPARING GRADUATES FOR VOCATIONAL AND VOLUNTEER CHURCH-RELATED SERVICE.

Program Service Accomplishments

Program 1
Expenses: $4,516,732 Revenue: $3,596,020

THE VISION OF APPALACHIAN BIBLE COLLEGE IS TO BE A QUALITY FUNDAMENTAL MINISTRY OF BIBLICAL HIGHER EDUCATION BY TRAINING STUDENTS THROUGH A TRUTH-DRIVEN CURRICULUM AND TRANSFORMATIVE CO-CURRICULUM...

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THE VISION OF APPALACHIAN BIBLE COLLEGE IS TO BE A QUALITY FUNDAMENTAL MINISTRY OF BIBLICAL HIGHER EDUCATION BY TRAINING STUDENTS THROUGH A TRUTH-DRIVEN CURRICULUM AND TRANSFORMATIVE CO-CURRICULUM THAT PREPARES CHRISTLIKE SERVANTS WHO ARE SKILLED IN INTERPRETING, OBEYING, AND PROCLAIMING GOD'S WORD FOR THE GLOBAL SPREAD OF THE GOSPEL OF THE LORD JESUS CHRIST AND THE STRENGTHENING OF HIS CHURCH. AS A REGIONALLY & NATIONALLY ACCREDITED, PRIVATE, NOT-FOR-PROFIT COLLEGE WITH APPROXIMATELY 50 FULL-TIME STAFF AND FACULTY SERVING ABOUT 250 STUDENTS, THE COLLEGE GRANTS MASTER OF ARTS, BACHELOR OF ARTS AND ASSOCIATE OF ARTS DEGREES WITH MAJORS FOCUSING ON BIBLE & THEOLOGY AND OTHER VOCATIONAL MINISTRIES.

Program 2
Expenses: $1,246,317 Revenue: $1,481,041

WHILE THE COLLEGE PROVIDES A VARIETY OF AVENUES AND LOCATIONS FOR LEARNING, THE MAJORITY OF ITS STUDENTS TRAIN ON THE MAIN MOUNT HOPE CAMPUS AS RESIDENT STUDENTS. THE COLLEGE'S AUXILIARY ENTERPRISES...

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WHILE THE COLLEGE PROVIDES A VARIETY OF AVENUES AND LOCATIONS FOR LEARNING, THE MAJORITY OF ITS STUDENTS TRAIN ON THE MAIN MOUNT HOPE CAMPUS AS RESIDENT STUDENTS. THE COLLEGE'S AUXILIARY ENTERPRISES INCLUDES CAMPUS HOUSING FOR SINGLE STUDENTS IN ITS 3 MAIN RESIDENCE HALLS AS WELL AS 14 DUPLEXES FOR MARRIED STUDENTS. OTHER ENTERPRISES INCLUDE FULL DINING SERVICES FOR STUDENTS AND AN ON-CAMPUS COFFEE SHOP. THIS COLLEGE RESIDENTIAL EXPERIENCE PROVIDES OPPORTUNITIES FOR GREAT IMPACT IN THE COMMUNITY AS STUDENTS ATTEND AND SERVE IN A NUMBER OF LOCAL CHURCHES AND IN OTHER PLACES SUCH AS NURSING HOMES, HOSPICE CARE, AND PROGRAMS FOR YOUTH.

Program 3
Expenses: $1,199,859 Revenue: $973,638

THE COLLEGE'S EXTENSION MINISTRIES SEEKS TO EDIFY THE CHURCH THROUGH CHRIST-CENTERED MINISTRIES, WHICH CHALLENGE PEOPLE THROUGH GOD'S WORD TO WHOLLY FOLLOW CHRIST. THESE MINISTRIES PROVIDE YEAR-ROUND...

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THE COLLEGE'S EXTENSION MINISTRIES SEEKS TO EDIFY THE CHURCH THROUGH CHRIST-CENTERED MINISTRIES, WHICH CHALLENGE PEOPLE THROUGH GOD'S WORD TO WHOLLY FOLLOW CHRIST. THESE MINISTRIES PROVIDE YEAR-ROUND OPPORTUNITIES FOR CHURCHES, YOUTH GROUPS, FAMILIES, AND INDIVIDUALS TO PARTICIPATE IN WHOLESOME, SPIRITUALLY ENGAGING ACTIVITIES THROUGH RESIDENTIAL CAMPS, RETREATS, AND ADVENTURE ACTIVITIES TO ALL AGE GROUPS, SERVING ABOUT 5,000 GUESTS ANNUALLY.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,049,571
Program Service Revenue $5,955,538
Investment Income $99,796
Other Revenue $106,667
TOTAL REVENUE $9,211,572

Expense Breakdown

Grants Paid $2,227,196
Salaries & Benefits $3,144,348
Fundraising Expenses $176,090
Program Expenses $6,962,908
Other Expenses $3,164,262
TOTAL EXPENSES $8,535,806

Year-over-Year Comparison

2024 2023 Change
Revenue $9,211,572 $9,323,126 0.0%
Expenses $8,535,806 $8,470,779 +0.0%
Net Income $675,766 $852,347 -0.2%
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
19
Independent Members
18
Employees
301
Volunteers
18

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
7
$273,072
Total Directors
19
$112,107
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR DANIEL ANDERSON PRESIDENT 40.00
Officer Director
$55,600 $56,507 $112,107
G LANE ELLIS BOARD CHAIR/ DIRECTOR 2.00
Officer Director
$0 $0 $0
DANIEL GREEAR VICE CHAIR/DIRECTOR 2.00
Officer Director
$0 $0 $0
STEVEN D BROWN VICE CHAIR (PART YEAR)/ DIRECTOR 2.00
Officer Director
$0 $0 $0
CLYDE D GWIN BOARD SECRETARY/ DIRECTOR 2.00
Officer Director
$0 $0 $0
DR JERALD FISHER DIRECTOR 2.00
Director
$0 $0 $0
KAREN L WEATHERHOLT DIRECTOR 2.00
Director
$0 $0 $0
JOHN D CALE JR DIRECTOR 2.00
Director
$0 $0 $0
GREGG CHILDERS DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM D DUNCAN DIRECTOR 2.00
Director
$0 $0 $0
REV MATTHEW EICHHORN DIRECTOR 2.00
Director
$0 $0 $0
MARK FAST DIRECTOR 2.00
Director
$0 $0 $0
HOLLY W FISHER DIRECTOR 2.00
Director
$0 $0 $0
REV VAN MARSCEAU DIRECTOR 2.00
Director
$0 $0 $0
ROMIE N MUNDY DIRECTOR 2.00
Director
$0 $0 $0
JESSE L SMITH DIRECTOR 2.00
Director
$0 $0 $0
MAUREEN S VAN DEN BERG DIRECTOR 2.00
Director
$0 $0 $0
BENJAMIN ELLIS DIRECTOR 2.00
Director
$0 $0 $0
STEPHEN BOGNER DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL ROWE CFO/TREASURER, VP OF BUSINESS 40.00
Officer
$44,854 $49,721 $94,575
CALEB FRINK SECRETARY 40.00
Officer
$36,299 $30,091 $66,390
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 $9,211,572 $8,535,806 $13,394,241 $675,766
2024 $9,323,126 $8,470,779 $12,888,719 $852,347
2023 $8,178,931 $7,220,356 $12,590,912 $958,575
2022 $7,758,516 $7,309,115 $12,108,956 $449,401
2021 $7,946,076 $6,309,436 $12,132,127 $1,636,640
2020 $6,686,839 $6,401,941 $11,841,435 $284,898
2019 $6,698,837 $6,822,546 $11,919,822 $-123,709
2018 $6,522,082 $9,366,340 $12,051,248 $-2,844,258
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