Nonprofit · EIN 94-3255546
ALASKA BIBLE COLLEGE
Tax-exempt · PALMER, AK 99645
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $682,671 | $1,053,682 | -$371,011 | $2,342,856 | $241,889 | $2,100,967 |
| May 31, 2024 | 990 | $747,578 | $1,010,431 | -$262,853 | $2,632,965 | $250,784 | $2,382,181 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $398,758
- of which government grants
- $5,712
- Program service revenue
- $283,895
- Investment income
- $18
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $48,960
- Compensation of officers, directors and key employees
- $143,724
- Other salaries and wages
- $466,657
- Salaries, compensation and benefits (total)
- $654,713
- Professional fundraising fees
- $0
- Accounting fees
- $22,315
- Occupancy
- $49,831
- Travel
- $26,748
- Depreciation
- $58,899
- Program services (functional)
- $528,025
- Management and general (functional)
- $525,657
Balance sheet and other
- Total assets, start of year
- $2,632,965
- Total assets, end of year
- $2,342,856
- Total liabilities, end of year
- $241,889
- Net assets, end of year
- $2,100,967
- Land, buildings and equipment
- $1,166,342
- Publicly traded securities
- $1,145,673
- Net assets without donor restrictions
- $2,082,057
- Net assets with donor restrictions
- $18,910
- Gross receipts
- $682,671
- Employees
- 32
- Volunteers
- 7
- Year formed
- 1966
- State of legal domicile
- AK
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID P LEY PHD | PRESIDENT Officer | 40 | $86,531 |
| LINDA A MOYER | CFO Officer | 40 | $30,377 |
| AL STRAWN | CHAIR Trustee or director, Officer | 1 | $0 |
| CHRIS GATES | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| DANIEL HARRIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| RON SCHROCK | DIRECTOR Trustee or director | 1 | $0 |
| RON WAYNER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID LEY | PRESIDENT Officer | 40 | $85,717 |
| AL STRAWN | CHAIR/TREASU Trustee or director, Officer | 1 | $0 |
| CHRIS GATES | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| DANIEL HARRIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| RON SCHROCK | BOARD MEMBER Trustee or director | 1 | $0 |
| DR VAUGHN HAMMOND | BOARD MBR(TH Trustee or director | 1 | $0 |
| MARK FLEENOR | BOARD MBR(TH Trustee or director | 1 | $0 |
| RON WAYNER | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 248 E ELMWOOD AVE, PALMER, AK 99645-6619
- Principal officer (990 for 2024)
- DAVID P LEY PHD, 248 E ELMWOOD AVE, PALMER, AK 99674
- Signed the 990
- DAVID P LEY PHD, PRESIDENT
- Phone
- (907) 745-3201
- Website
- WWW.AKBIBLE.EDU
- Return prepared by
- FOSTER AND COMPANY LLC
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.
Program accomplishments
- 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.Expenses $528,025 · grants $48,960 · revenue $283,895
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 94-3255546
- 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
- 1997
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B58P)
- Assets (IRS master file)
- $2,342,856
- Income (IRS master file)
- $682,671
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $682,671 | $1,053,682 | $2,342,856 | XML |
| 990 | May 2024 | $747,578 | $1,010,431 | $2,632,965 | XML |
| 990 | May 2023 | $661,163 | $904,070 | $3,033,459 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | 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 94-3255546).
Questions about ALASKA BIBLE COLLEGE
- What is the EIN of ALASKA BIBLE COLLEGE?
- The employer identification number (EIN) of ALASKA BIBLE COLLEGE is 94-3255546.
- Is ALASKA BIBLE COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to ALASKA BIBLE COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALASKA BIBLE COLLEGE 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 ALASKA BIBLE COLLEGE due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALASKA BIBLE COLLEGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of ALASKA BIBLE COLLEGE?
- The 990 for the year ended May 31, 2025 names DAVID P LEY PHD.
- Who are the officers and directors of ALASKA BIBLE COLLEGE?
- The 990 for the year ended May 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $86,531 (DAVID P LEY PHD, PRESIDENT).
- How much revenue does ALASKA BIBLE COLLEGE have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $682,671, expenses of $1,053,682 and total assets of $2,342,856 at year end.
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