2025-12-12T12:48:34-05:00 2025-05-31 371709475 FOSTER AND COMPANY LLC 2801 E PALMER WASILLA HWY WASILLA AK 996547339 990 2024-06-01 943255546 ALASKA BIBLE COLLEGE ALAS 9077453201 248 E ELMWOOD AVE PALMER AK 99645 DAVID P LEY PHD PRESIDENT 9077453201 2025-12-12 true false MICHAEL FOSTER P02392370 9072905555 2025-12-12 2024 2025-03-06 01:10:19Z DAVID P LEY PHD 248 E ELMWOOD AVE PALMER AK 99674 682671 false X WWW.AKBIBLE.EDU X 1966 AK IN ACCORDANCE WITH THE MANDATE OF MATTHEW 28:19-20 AND 2 TIMOTHY 2:2, ALASKA BIBLE COLLEGE SEEKS TO TRAIN SERVANTS WHO LEAD WITH CHRISTLIKE CHARACTER BY 1.) NURTURING STUDENTS IN BIBLE-BASED, ACADEMIC PROGRAMS THAT SOLIDIFY THEIR CHRISTIAN WORLDVIEW; 2.) CHALLENGING STUDENTS TO DEEPEN THEIR RELATIONSHIP WITH GOD; AND 3.) MENTORING STUDENTS TO FAITHFULLY UTILIZE THEIR SPIRITUAL GIFTS IN CULTURALLY-RELEVANT MINISTRIES WITHIN THE CHURCH COMMUNITY. 5 5 32 7 0 292861 398758 440822 283895 11266 18 2629 0 747578 682671 35298 48960 0 659061 654713 0 0 316072 350009 1010431 1053682 -262853 -371011 2632965 2342856 250784 241889 2382181 2100967 X IN ACCORDANCE WITH THE MANDATE OF MATTHEW 28:19-20 AND 2 TIMOTHY 2:2, ALASKA BIBLE COLLEGE SEEKS TO TRAIN SERVANTS WHO LEAD WITH CHRISTLIKE CHARACTER BY 1.) NURTURING STUDENTS IN BIBLE-BASED, ACADEMIC PROGRAMS THAT SOLIDIFY THEIR CHRISTIAN WORLDVIEW; 2.) CHALLENGING STUDENTS TO DEEPEN THEIR RELATIONSHIP WITH GOD; AND 3.) MENTORING STUDENTS TO FAITHFULLY UTILIZE THEIR SPIRITUAL GIFTS IN CULTURALLY-RELEVANT MINISTRIES WITHIN THE CHURCH COMMUNITY. false false 528025 48960 283895 EDUCATE AND INSTRUCT STUDENTS TO TRANSFORM THE WORLD THROUGH MINISTRIES THAT EVANGELIZE, DISCIPLE, AND MEET HUMAN NEEDS. THE MAJORITY OF FULL-TIME STUDENTS LIVE IN THE CAMPUS DORMATORIES. DORM STUDENTS USUALLY EAT TOGETHER IN THE FOOD CACHE (CAFETERIA), WHICH ALSO PROVIDES A COMFORTABLE ATMOSPHERE FOR SOCIAL AND LEISURE ACTIVITIES. 528025 true true false false false false false false false true true false false false true true false false true false false false false false false false false false true false false false false false false false false false true false false false false false false false false true 3 0 32 true false false false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true false true false false X ALASKA BIBLE COLLEGE 9077453201 248 E ELMWOOD AVE PALMER AK 99674 DAVID P LEY PHD PRESIDENT 40.00 X 86531 0 0 LINDA A MOYER CFO 40.00 X 30377 0 0 AL STRAWN CHAIR 1.00 X X 0 0 0 CHRIS GATES VICE CHAIR 1.00 X X 0 0 0 DANIEL HARRIS SECRETARY 1.00 X X 0 0 0 RON SCHROCK DIRECTOR 1.00 X 0 0 0 RON WAYNER DIRECTOR 1.00 X 0 0 0 116908 false false false 5712 393046 36207 398758 TUITION AND FEES 611310 225788 225788 AUXILIARY INCOME 611310 58107 58107 283895 18 18 682671 283895 18 48960 48960 143724 143724 466657 290945 175712 44332 44332 22315 22315 5807 5807 14854 14854 52601 38036 14565 3521 1970 1551 49831 49831 26748 26679 69 1917 1906 11 14146 14146 58899 58899 24073 24073 REPAIRS AND MAINTENANCE 39247 39247 DUES, FEES, SUBSCRIPTIONS 29460 18054 11406 WORK STUDY 6590 6590 1053682 528025 525657 0 33780 30 18572 140 12185 2253 84 2147427 981085 1185486 1166342 1411276 1145673 2632965 2342856 11775 15607 2465 2465 231076 221097 5468 2720 250784 241889 X 2210479 2082057 171702 18910 2382181 2100967 2632965 2342856 -371011 89797 X true X false false false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 144606 -125696 18910 1748628 401 1604423 144606 1777619 -28991 1748628 111585 1916310 -200281 -49995 1777619 89878 21707 111585 1.00000 true false 242700 242700 1239548 459806 779742 240090 224674 15416 425089 296605 128484 1166342 GIFT ANNUITIES 2720 2720 X SCHEDULE D, PAGE 2, PART V, LINE 4 THE COLLEGE MAINTAINS AN ENDOWMENT FUND ESTABLISHED FOR STUDENT SCHOLARSHIPS. SCHEDULE D, PAGE 3, PART X THE COLLEGE HAS NO IDENTIFIABLE UNRELATED BUSINESS INCOME SUBJECT TO TAXATION UNDER THE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN THE STATEMENT OF ACTIVITIES. AS OF MAY 31, 2025, THE COLLEGE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE IS SUBJECT TO INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE CURRENT YEAR AND CERTAIN PRIOR YEARS BASED ON APPLICABLE LAWS AND REGULATIONS. true true true true true true true false false false false false false false false false false true true SCHOLARSHIPS 65 48960 SCHEDULE I, PAGE 1, PART I, LINE 2 ALL INTERNAL ABC SCHOLARSHIPS MUST BE APPLIED FOR BEFORE BEING AWARDED. SCHOLARSHIPS ARE AWARDED ANNUALLY TO A LIMITED NUMBER OF STUDENTS WHO MEET THE CRITERIA. SCHOLARSHIP RECIPIENTS ARE CHOSEN BASED ON ACADEMIC PERFORMANCE, PERSONAL CHARACTER, OR MINISTRY FOCUS. TO APPLY FOR AN INTERNAL ABC SCHOLARSHIP, STUDENTS MUST HAVE A FINANCIAL NEED AND BE ACCEPTED INTO A DEGREE PROGRAM IN GOOD ACADEMIC STANDING. X 36207 false false false FORM 990 - ORGANIZATION'S MISSION IN ACCORDANCE WITH THE MANDATE OF MATTHEW 28:19-20 AND 2 TIMOTHY 2:2, ALASKA BIBLE COLLEGE SEEKS TO TRAIN SERVANTS WHO LEAD WITH CHRISTLIKE CHARACTER BY 1.) NURTURING STUDENTS IN BIBLE-BASED, ACADEMIC PROGRAMS THAT SOLIDIFY THEIR CHRISTIAN WORLDVIEW; 2.) CHALLENGING STUDENTS TO DEEPEN THEIR RELATIONSHIP WITH GOD; AND 3.) MENTORING STUDENTS TO FAITHFULLY UTILIZE THEIR SPIRITUAL GIFTS IN CULTURALLY-RELEVANT MINISTRIES WITHIN THE CHURCH COMMUNITY. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS EMAILED TO ALL BOARD MEMBERS, STAFF, AND FACULTY AND THEY ARE ASKED TO REVIEW IT AND GIVE INPUT PRIOR TO DR. DAVID P. LEY SIGNING THE FORM 990 FOR SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED BY ALL BOARD MEMBERS, ALL FACULTY, AND ALL STAFF WHEN THEY MEET ANNUALLY WITH DR. DAVID P. LEY. DURING THAT MEETING A NEW CONFLICT OF INTEREST POLICY IS SIGNED BY THE BOARD MEMBERS, FACULTY AND STAFF. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DO AN ANNUAL REVIEW OF DR. DAVID P. LEY'S PERFORMANCE. THIS REVIEW IS DONE DURING THE FEBRUARY BOARD MEETING. DR. DAVID P. LEY MEETS WITH ALL STAFF AND FACULTY DURING THE MONTH OF JUNE FOR AN ANNUAL REVIEW OF PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST.