Charis Bible College Inc

EIN: 815070331 501(c)(3) Religion

Woodland Park, CO

Total Revenue
$21,683,289
Total Expenses
$29,979,689
Total Assets
$1,336,232
Net Assets
$-19,460,151
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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
2017
Legal Domicile
CO
Phone
7196352111
Tax Period
2022-10-01 to 2023-09-30

Charis Bible College Inc, founded in 2017, is a mid-sized nonprofit in the Religion sector that reported $21.7M in total revenue in fiscal year 2022. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $30.0M exceeded revenue, resulting in a 38% operating deficit.

Mission

To train and equip individuals to carry out the Gospel of Jesus Christ.

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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 (2022)

Revenue Breakdown

Contributions & Grants $9,030,170
Program Service Revenue $12,007,512
Investment Income $152,637
Other Revenue $492,970
TOTAL REVENUE $21,683,289

Expense Breakdown

Grants Paid $1,128,510
Salaries & Benefits $17,363,876
Fundraising Expenses $374,868
Program Expenses $28,104,286
Other Expenses $11,487,303
TOTAL EXPENSES $29,979,689

Year-over-Year Comparison

2022 2021 Change
Revenue $21,683,289 $14,402,297 +0.5%
Expenses $29,979,689 $29,328,707 +0.0%
Net Income $-8,296,400 $-14,926,410 -0.4%
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
3
Independent Members
N/A
Employees
358
Volunteers
1845

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
3
$781,562
Total Directors
3
$781,562
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A President 1.0
Officer Director
$0 $14,771 $451,110
N/A CEO 1.0
Officer Director
$0 $29,537 $228,229
N/A Ministry Ambassador 40.0
Officer Director
$78,071 $24,152 $102,223
N/A VP 40.0
Highest
$0 $8,826 $114,281
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
2023 $21,683,289 $29,979,689 $1,336,232 $-8,296,400
2022 $14,402,297 $29,328,707 $2,310,840 $-14,926,410
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