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Nonprofit · EIN 52-1555346

MARYLAND BIBLE COLLEGE & SEMINARY INC

Tax-exempt · BALTIMORE, MD 21206

Financials

$1.2M$357K2022$327K$319K2023$293K$331K2024
Revenue Expenses · by fiscal year end
Financials of MARYLAND BIBLE COLLEGE & SEMINARY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$292,751$330,838-$38,087$790,488$205,277$585,211
July 31, 2024990$327,332$318,695$8,637$790,475$167,177$623,298
July 31, 2023990$1,157,140$356,862$800,278$796,731$182,070$614,661
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$100,020
Program service revenue
$192,437
Investment income
$0
Net income from fundraising events
$269
Other revenue
$294

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$115,875
Salaries, compensation and benefits (total)
$115,875
Professional fundraising fees
$0
Occupancy
$155,169
Depreciation
$300
Program services (functional)
$145,560
Management and general (functional)
$185,278

Balance sheet and other

Total assets, start of year
$790,475
Total assets, end of year
$790,488
Total liabilities, end of year
$205,277
Net assets, end of year
$585,211
Land, buildings and equipment
$900
Net assets without donor restrictions
$585,211
Gross receipts
$292,762
Employees
4
Volunteers
10
Year formed
1987
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Robert ColbanElder
Trustee or director, Officer
0$0
Peter TaggartCOO
Trustee or director, Officer, Key employee
1$0
Douglas BrooksTrustee
Trustee or director
1$0
Peter WesteraTrustee
Trustee or director
1$0
Barry QuirkTrustee
Trustee or director
1$0
Craig PereiraTrustee
Trustee or director
1$0
Isaac HoffsesTrustee
Trustee or director
1$0
990 for the year ended July 31, 2024: 7 people
NameTitleHours / weekCompensation
Peter TaggartCOO
Trustee or director, Officer, Key employee
1$58,000
Barry QuirkTrustee
Trustee or director
1$56,500
Robert ColbanElder
Trustee or director, Officer
0$0
Douglas BrooksTrustee
Trustee or director
1$0
Peter WesteraTrustee
Trustee or director
1$0
Craig PereiraTrustee
Trustee or director
1$0
Isaac HoffsesTrustee
Trustee or director
1$0
990 for the year ended July 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgs
Peter TaggartCOO
Trustee or director, Officer, Key employee
1$0$62,846
Barry QuirkTrustee
Trustee or director
1$0$56,846
Robert ColbanElder
Trustee or director, Officer
0$0$0
Douglas BrooksTrustee
Trustee or director
1$0$0
Peter WesteraTrustee
Trustee or director
1$0$0
Craig PereiraTrustee
Trustee or director
1$0$0
Isaac HoffsesTrustee
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
6023 MORAVIA PARK DR, BALTIMORE, MD 21206-6241
Principal officer (990 for 2024)
Peter Taggart, 6023 Moravia Park Drive, Baltimore, MD 21206
Signed the 990
Peter Taggart, COO
Phone
(410) 488-2606
Return prepared by
Curran & Company LLC

Mission

To provide undergraduate and graduate level education in the field of religion.

990 for the year ended July 31, 2025

Program accomplishments

  • As an indigenous ministry, Maryland Bible College and Seminary (MBC&S or the College) exists under the spiritual covering of Greater Grace World Outreach (Greater Grace). This unique and synamic relationship bewteen the Greater Grace local church allows MBC&S students to correlate classroom education with field training. Graduates often co-labor with Greater Grace and other local churches in church planting and assist with 550 affiliated churches worldwide in missions, leadership training, evangelistic outreach and christian day schools. On January 5, 1988, the State board for higher education recognized that MBC&S satisfied all critera for the status of a religious degree-granting institution as set forth in Section 12-203 of the Educational Article. As such, MBC&S may operate and grant degrees in religious disciplines without a certificate of approval. MBC&S is a nonaccredited institution.
    Expenses $145,560 · revenue $292,762

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
52-1555346
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
July
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$790,488
Income (IRS master file)
$292,762

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$292,751$330,838$790,488XML
990July 2024$327,332$318,695$790,475XML
990July 2023$1,157,140$356,862$796,731XML
990July 2022$259,396$327,716$20,082IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1555346).

Questions about MARYLAND BIBLE COLLEGE & SEMINARY INC

What is the EIN of MARYLAND BIBLE COLLEGE & SEMINARY INC?
The employer identification number (EIN) of MARYLAND BIBLE COLLEGE & SEMINARY INC is 52-1555346.
Is MARYLAND BIBLE COLLEGE & SEMINARY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to MARYLAND BIBLE COLLEGE & SEMINARY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARYLAND BIBLE COLLEGE & SEMINARY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARYLAND BIBLE COLLEGE & SEMINARY INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARYLAND BIBLE COLLEGE & SEMINARY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of MARYLAND BIBLE COLLEGE & SEMINARY INC?
The 990 for the year ended July 31, 2025 names Peter Taggart.
Who are the officers and directors of MARYLAND BIBLE COLLEGE & SEMINARY INC?
The 990 for the year ended July 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does MARYLAND BIBLE COLLEGE & SEMINARY INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $292,751, expenses of $330,838 and total assets of $790,488 at year end.

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