Southeastern Bible College

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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

1935

Legal Domicile

Principal Officer

Chris Ronk

Phone

8009375097

Tax Period

2017-06-01 to 2018-05-31

Mission

The mission of Souteastern Bible College is to promote Christian education. The Organization's board made the decision that a transfer of the net assets to a previously described university would be the best use of the net assets of the Organization. See Schedule O for additional explanation.

Program Service Accomplishments

Program 1

To determine university with proper qualifications to transfer the Organization's net assets to.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2017	2016	Change
Revenue	N/A	$2,340,572	-1.0%
Expenses	N/A	$2,941,342	-1.0%
Net Income	N/A	$-600,770	N/A

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

N/A

Independent Members

N/A

Employees

N/A

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
Dr Mike D McLemore	Director	1.00	Director	$0	$0	$0
Dale Ellinghausen	Treasurer	1.00	Director	$0	$0	$0
Doug Schauer	Director	1.00	Director	$0	$0	$0
Michael Jones	Member at Large	1.00	Director	$0	$0	$0
Kent Kelso	Member at Large	1.00	Director	$0	$0	$0
Keith Sides	Secretary	1.00	Director	$0	$0	$0
Anne Dumas	Director	1.00	Director	$0	$0	$0
Dale Wallace	Director	1.00	Director	$0	$0	$0
Robbie Wilson	Director	1.00	Director	$0	$0	$0
James Spann	Director	1.00	Director	$0	$0	$0
Dr Michael Wesley	Chairman	1.00	Director	$0	$0	$0
Dr Alex Granados	President	45.00	Officer Director	$0	$0	$0
Mark Jackson	Director	1.00	Director	$0	$0	$0
Banks Farris	Vice Chairman	1.00	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
2018	No data	No data	No data	No data