Skip to main content

Nonprofit · EIN 59-1407629

HOBE SOUND BIBLE COLLEGE INC

Tax-exempt · HOBE SOUND, FL 33455

Financials

$6.4M$5.4M2022$5.9M$5.9M2023$5.9M$5.8M2024
Revenue Expenses · by fiscal year end
Financials of HOBE SOUND BIBLE COLLEGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,908,307$5,756,000$152,307$6,611,901$629,506$5,982,395
June 30, 2024990$5,924,257$5,890,824$33,433$6,525,887$695,799$5,830,088
June 30, 2023990$6,389,065$5,444,969$944,096$6,279,632$482,977$5,796,655
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,163,453
Program service revenue
$4,379,241
Investment income
$8,651
Other revenue
$356,962

Expenses

Grants and similar amounts paid
$923,808
Compensation of officers, directors and key employees
$122,681
Other salaries and wages
$1,853,813
Salaries, compensation and benefits (total)
$2,669,272
Professional fundraising fees
$0
Occupancy
$494,696
Travel
$86,653
Depreciation
$350,233
Program services (functional)
$5,081,494
Management and general (functional)
$648,197
Fundraising (functional)
$26,309

Balance sheet and other

Total assets, start of year
$6,525,887
Total assets, end of year
$6,611,901
Total liabilities, end of year
$629,506
Net assets, end of year
$5,982,395
Land, buildings and equipment
$5,780,036
Publicly traded securities
$59,204
Net assets without donor restrictions
$2,229,241
Net assets with donor restrictions
$3,753,154
Gross receipts
$5,908,307
Employees
145
Year formed
1960
State of legal domicile
FL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MATT MALOYEDPRESIDENT
Trustee or director, Officer
40$67,594$2,400
AARON HAMILTONCFO (NOW CAO
Officer
40$55,087$2,025
CHARLES BAKERDIRECTOR
Trustee or director
–$0$0
JOHN BEARDSLEEDIRECTOR
Trustee or director
–$0$0
CLIFF CHURCHILLDIRECTOR
Trustee or director
–$0$0
LESLIE CRAWFORDDIRECTOR
Trustee or director
–$0$0
CHAD DAMONDIRECTOR
Trustee or director
–$0$0
MATT ELLISONDIRECTOR
Trustee or director
–$0$0
REBECCA HOARDSECRETARY
Trustee or director, Officer
–$0$0
PAUL KAUFMANCHAIRMAN
Trustee or director, Officer
–$0$0
WESLEY KNAPPDIRECTOR
Trustee or director
–$0$0
BRANT LUTHERVICE CHAIRMA
Trustee or director, Officer
–$0$0
HAROLD MARTINDIRECTOR
Trustee or director
–$0$0
DAVE MORGANDIRECTOR1
Trustee or director
–$0$0
LARRY MYERSDIRECTOR
Trustee or director
–$0$0
4 more people on this return
NameTitleHours / weekCompensation
JAMES PLANKDIRECTOR
Trustee or director
–$0
BENJAMIN SMITHDIRECTOR
Trustee or director
–$0
DALE STRATTONDIRECTOR
Trustee or director
–$0
TIFFANY PETERSCFO
Officer
40$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensation
MATT MALOYEDPRESIDENT
Trustee or director, Officer
40$68,060
AARON HAMILTONCFO
Officer
40$54,608
CHARLES BAKERDIRECTOR
Trustee or director
1$0
JOHN BEARDSLEEDIRECTOR
Trustee or director
1$0
CLIFF CHURCHILLDIRECTOR
Trustee or director
1$0
LESLIE CRAWFORDDIRECTOR
Trustee or director
1$0
CHAD DAMONDIRECTOR
Trustee or director
1$0
MATT ELLISONDIRECTOR
Trustee or director
1$0
REBECCA HOARDSECRETARY
Trustee or director, Officer
1$0
PAUL KAUFMANCHAIRMAN
Trustee or director, Officer
1$0
WESLEY KNAPPDIRECTOR
Trustee or director
1$0
BRANT LUTHERVICE CHAIRMA
Trustee or director, Officer
1$0
HAROLD MARTINDIRECTOR
Trustee or director
1$0
DAVE MORGANDIRECTOR1
Trustee or director
1$0
LARRY MYERSDIRECTOR
Trustee or director
1$0
JAMES PLANKDIRECTOR
Trustee or director
1$0
BENJAMIN SMITHDIRECTOR
Trustee or director
1$0
DALE STRATTONDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensation
AARON HAMILTONCFO
Officer
40$45,049
MATT MALOYEDPRESIDENT
Trustee or director, Officer
40$42,950
CHARLES BAKERDIRECTOR
Trustee or director
1$0
LESLIE CRAWFORDDIRECTOR
Trustee or director
1$0
MATT ELLISONDIRECTOR
Trustee or director
–$0
REBECCA HEARDSECRETARY
Trustee or director, Officer
1$0
DENNIS JOHNSONDIRECTOR
Trustee or director
1$0
PAUL KAUFMANCHAIRMAN
Trustee or director, Officer
1$0
WESLEY KNAPPDIRECTOR
Trustee or director
1$0
BRANT LUTHERVICE CHAIRMA
Trustee or director, Officer
1$0
HAROLD MARTINDIRECTOR
Trustee or director
1$0
DAVE MORGANDIRECTOR1
Trustee or director
1$0
LARRY MYERSDIRECTOR
Trustee or director
1$0
JAMES PLANKDIRECTOR
Trustee or director
1$0
TIMOTHY SLAVENSDIRECTOR
Trustee or director
1$0
DALE STRATTONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
11298 SE GOMEZ AVE, HOBE SOUND, FL 33455-7734
Principal officer (990 for 2024)
MATT MALOYED, PO BOX 1065, HOBE SOUND, FL 33475
Signed the 990
TIFFANY PETERS, CFO
Phone
(772) 546-5534
Return prepared by
DAVID C MOJA CPA

Mission

CHRISTIAN EDUCATION FROM PRE-KINDERGARTEN THROUGH THE FOURTH YEAR OF COLLEGE.

990 for the year ended June 30, 2025

Program accomplishments

  • EDUCATIONAL INSTRUCTION PROVIDED FOR UP TO 200 COLLEGE STUDENTS IN FOUR- YEAR COLLEGE PROGRAMS AND 260 ACADEMY STUDENTS IN PRE-K THROUGH 12TH GRADE.
    Expenses $5,081,494 · grants $923,808 · revenue $4,335,475

What it must file and when

IRS records say it files Not required (religious organization). Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-1407629
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
1973
Accounting year ends
June
Files
Not required (religious organization)
Category (NTEE)
Education (B42Z)
Assets (IRS master file)
$6,611,901
Income (IRS master file)
$5,908,307

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,908,307$5,756,000$6,611,901XML
990June 2024$5,924,257$5,890,824$6,525,887IRS
990June 2023$6,389,065$5,444,969$6,279,632XML
990June 2022$5,631,780$4,652,588$5,212,726IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 59-1407629).

Questions about HOBE SOUND BIBLE COLLEGE INC

What is the EIN of HOBE SOUND BIBLE COLLEGE INC?
The employer identification number (EIN) of HOBE SOUND BIBLE COLLEGE INC is 59-1407629.
Is HOBE SOUND BIBLE COLLEGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to HOBE SOUND BIBLE COLLEGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOBE SOUND BIBLE COLLEGE INC file?
Form Not required (religious organization).
When is the next return of HOBE SOUND BIBLE COLLEGE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOBE SOUND BIBLE COLLEGE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HOBE SOUND BIBLE COLLEGE INC?
The 990 for the year ended June 30, 2025 names MATT MALOYED.
Who are the officers and directors of HOBE SOUND BIBLE COLLEGE INC?
The 990 for the year ended June 30, 2025 lists 19 people; 2 received compensation from the organization, the highest $67,594 (MATT MALOYED, PRESIDENT).
How much revenue does HOBE SOUND BIBLE COLLEGE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,908,307, expenses of $5,756,000 and total assets of $6,611,901 at year end.

Other nonprofits in HOBE SOUND

All nonprofits in HOBE SOUND · Florida · Education