Nonprofit · EIN 61-1451888
MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC
Also known as MOBI-S
Tax-exempt · BROOKLYN, NY 11203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $89,093 | $143,070 | -$53,977 | $268,225 | $0 | $268,225 |
| December 31, 2023 | 990 | $186,699 | $211,116 | -$24,417 | $317,769 | $0 | $317,769 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $89,091
- Investment income
- $2
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $53,830
- Other salaries and wages
- $13,770
- Salaries, compensation and benefits (total)
- $74,061
- Professional fundraising fees
- $0
- Accounting fees
- $1,250
- Occupancy
- $20,000
- Depreciation
- $5,096
- Program services (functional)
- $110,590
- Management and general (functional)
- $32,480
Balance sheet and other
- Total assets, start of year
- $317,769
- Total assets, end of year
- $268,225
- Total liabilities, end of year
- $0
- Net assets, end of year
- $268,225
- Land, buildings and equipment
- $148,874
- Gross receipts
- $89,093
- Employees
- 9
- Year formed
- 2005
- State of legal domicile
- NY
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GALE FORD | DIRECTOR Trustee or director | 3 | $0 |
| SHARON CHRISTIAN | DIRECTOR Trustee or director, Institutional trustee | 3 | $0 |
| VICTOR TAYLOR | DIRECTOR Trustee or director, Institutional trustee | 3 | $0 |
| BRENDA LYKEN-QUASHIE | INSTRUCTOR Trustee or director | 3 | $0 |
| KAREN ABRAMS | SECRETARY Trustee or director | 6 | $0 |
| GABRIEL AUSTIN | PRESIDENT Institutional trustee, Officer | 30 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VICTOR TAYLOR | DIRECTOR Trustee or director, Institutional trustee | 3 | $0 |
| BRENDA LYKEN-QUASHIE | INSTRUCTOR Trustee or director | 3 | $0 |
| KAREN ABRAMS | SECRETARY Trustee or director | 6 | $0 |
| GALE FORD | DIRECTOR Trustee or director | 3 | $0 |
| SHARON CHRISTIAN | DIRECTOR Trustee or director, Institutional trustee | 3 | $0 |
| GABRIEL AUSTIN | PRESIDENT Institutional trustee, Officer | 30 | $0 |
Address and contacts
- Address (IRS master file)
- 830 UTICA AVE, BROOKLYN, NY 11203-3409
- In care of
- % GABRIEL AUSTIN
- Principal officer (990 for 2024)
- GABRIEL AUSTIN, 17 SANDER CT, Middle Island, NY 11953
- Signed the 990
- GABRIEL AUSTIN, PRESIDENT
- Phone
- (718) 287-2959
- Return prepared by
- BALLWANT PERSAUD INCOME TAX SERV IN
Mission
ITS PRIMARY PURPOSE IS TO EDUCATE AFTER THE DICTATES OF THE SEMINARY CHARTER ALL WHO ARE WILLING AND ABLE TO LEARN AND ACHEIVE THE REWARDS OF THIS KNOWLEDGE.
Program accomplishments
- ITS PRIMARY PURPOSE IS TO EDUCATE AFTER THE DICTATES OF THE SEMINARY CHARTER ALL WHO ARE WILLING AND ABLE TO LEARN AND ACHEIVE THE REWARDS OF THIS KNOWLEDGE.Expenses $110,590
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1451888
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Group exemption
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B40)
- Group exemption
- 6374
- Assets (IRS master file)
- $268,225
- Income (IRS master file)
- $89,093
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $89,093 | $143,070 | $268,225 | XML |
| 990 | December 2023 | $186,699 | $211,116 | $317,769 | XML |
| 990 | December 2022 | $160,844 | $221,684 | $367,214 | IRS |
| 990 | December 2021 | $204,669 | $192,237 | $478,480 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 61-1451888).
Questions about MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC
- What is the EIN of MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC?
- The employer identification number (EIN) of MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC is 61-1451888.
- Is MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Group exemption).
- Which annual return does MOUNT OLIVE BIBLE INSTITUTE AND 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 MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC?
- The 990 for the year ended December 31, 2024 names GABRIEL AUSTIN.
- Who are the officers and directors of MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does MOUNT OLIVE BIBLE INSTITUTE AND SEMINARY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $89,093, expenses of $143,070 and total assets of $268,225 at year end.
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