Civic Intelligence

Rockbridge Seminary

990 • Fiscal year 2020 • EIN 14-1843684

Aug 01, 2019 to Jul 31, 2020 • Filed on Dec 11, 2020

3111 E Battlefield RoadSpringfield, MO 65804

(866) 931-4300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.03x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

41st percentile

0.1%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

96th percentile

$75,625

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 19.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

48th percentile

2.5%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

64th percentile

-0.2%

Faster revenue growth than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$432,132

Up $10,682 (+2.5%) from 2019

Net Assets

Up

$418,777

Up $379 (+0.1%) from 2019

Liabilities

Up

$13,355

Up $10,303 (+338%) from 2019

Revenue

Down

$398,924

Down $620 (-0.2%) from 2019

Expenses

Up

$398,545

Up $12,187 (+3.2%) from 2019

Net Income

Down

$379

Down $12,807 (-97%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $152,011Liabilities 2011: $14,624Net Assets 2011: $137,3872011Assets 2012: $327,818Liabilities 2012: $18,978Net Assets 2012: $308,8402012Assets 2013: $282,215Liabilities 2013: $8,850Net Assets 2013: $273,3652013Assets 2014: $374,771Liabilities 2014: $4,461Net Assets 2014: $370,3102014Assets 2015: $393,196Liabilities 2015: $8,203Net Assets 2015: $384,9932015Assets 2016: $396,045Liabilities 2016: $8,039Net Assets 2016: $388,0062016Assets 2017: $406,681Liabilities 2017: $11,793Net Assets 2017: $394,8882017Assets 2018: $410,823Liabilities 2018: $5,611Net Assets 2018: $405,2122018Assets 2019: $421,450Liabilities 2019: $3,052Net Assets 2019: $418,3982019Assets 2020: $432,132Liabilities 2020: $13,355Net Assets 2020: $418,7772020Assets 2021: $380,226Liabilities 2021: $5,349Net Assets 2021: $374,8772021Assets 2022: $416,854Liabilities 2022: $8,312Net Assets 2022: $408,5422022Assets 2023: $413,075Liabilities 2023: $3,105Net Assets 2023: $409,9702023Assets 2024: $449,387Liabilities 2024: $4,291Net Assets 2024: $445,0962024

Highlighted filing

2020

Assets$432,132
Liabilities$13,355
Net Assets$418,777

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $498,666Expenses 2011: $483,043Net Income 2011: $15,6232011Expenses 2012: $462,0752012Expenses 2013: $483,0332013Revenue 2014: $568,419Expenses 2014: $471,474Net Income 2014: $96,9452014Revenue 2015: $479,068Expenses 2015: $464,385Net Income 2015: $14,6832015Revenue 2016: $462,567Expenses 2016: $459,554Net Income 2016: $3,0132016Revenue 2017: $455,232Expenses 2017: $448,350Net Income 2017: $6,8822017Revenue 2018: $431,479Expenses 2018: $421,155Net Income 2018: $10,3242018Revenue 2019: $399,544Expenses 2019: $386,358Net Income 2019: $13,1862019Revenue 2020: $398,924Expenses 2020: $398,545Net Income 2020: $3792020Revenue 2021: $417,924Expenses 2021: $461,824Net Income 2021: -$43,9002021Revenue 2022: $465,406Expenses 2022: $431,741Net Income 2022: $33,6652022Revenue 2023: $447,344Expenses 2023: $445,916Net Income 2023: $1,4282023Revenue 2024: $467,773Expenses 2024: $432,647Net Income 2024: $35,1262024

Highlighted filing

2020

Revenue$398,924
Expenses$398,545
Net Income$379
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Dec 11, 2020
Return Version
2019v5.0
Gross Receipts
$398,924
Mission and Program Overview

Mission

Rockbridge seminary is an accredited degree-granting institution of higher learning that exists to develop servant leaders for christian ministry through quality distance educational experiences that allow them to study and practice without leaving their ministry field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$211,000$213,000▲ $2,000
Cash and Non-Interest-Bearing Accounts$209,549$197,304▼ $12,245
Accounts Receivable$901$21,828▲ $20,927
Total Assets$421,450$432,132▲ $10,682
Liabilities
Deferred Revenue-$9,720-
Accounts Payable and Accrued Expenses$3,052$3,635▲ $583
Total Liabilities$3,052$13,355▲ $10,303
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$218,398$218,777▲ $379
Net Assets With Donor Restrictions$200,000$200,000→ $0
Total Net Assets Fund Balance$418,398$418,777▲ $379
Total Liabilities and Net Assets / Fund Balance$421,450$432,132▲ $10,682

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$29,243$29,243
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daryl EldridgeExecutive ofFT$75,625$75,625

Board Members and Trustees

NameTitle
Kevin ComptonChairman
John WilkinsonVice Chairma
Dennis WilliamsDirector
Jeanetta ChrystieDirector
John MarshallDirector
Mark CarverDirector
Steve GladenDirector
Phillip WilliamsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$164,703
Program Service Revenue
$230,278
Investment Income
$3,943
Other Revenue
$0
All Other Contributions
$164,703
Change in Net Assets
$379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$246,833
Other Expenses$151,712
Total Fundraising Expense$15,828
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$123,090$65,580$13,119$201,789
Fees for Services Other$44,930--$44,930
Other Employee Benefits$15,081$10,542$1,009$26,632
All Other Expenses$11,772$8,034$388$20,194
Pension Plan Contributions$8,845$4,119$1,312$14,276
Advertising$8,523$328-$8,851
Other Expenses$8,369$9,090-$8,369
Travel$800$4,787-$5,587
Payroll Taxes$2,391$1,745-$4,136
Insurance-$3,351-$3,351
Information Technology$1,045$191-$1,236
Office Expenses$17$387-$404
Total Functional Expenses$264,113$118,604$15,828$398,545
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Each director will hold office for 3 years. Each director shall cast one vote per candidate, and may vote for as many candidates as the number of candidates to be elected to the board.

Form 990, Page 6, Part VI, Line 7B

The duties of the directors: a. Appoint, support, and assess the performance of the president. B. Clarify the institutions's mission c. Approve long-range plans. D. Approve the educational program and grant degrees. E. Ensure the well-being of faculty, students, and staff. F. Ensure sound financial management. G. Ensure adequate financial resources and financially support the seminary. H. Preserve institutional autonomy. I. Interpret and promote the seminary to the public as opportunities arise. J. Interpret the needs of the church to the seminary. K. Serve as a court of last appeal. L. Assess the board's performance.

Form 990, Page 6, Part VI, Line 11B

Copy of 990 made available to board members at large upon request. Independent cpa prepares form 990.

Form 990, Page 6, Part VI, Line 12C

The board of directors reviews potential conflicts of interests of individual directors, determines whether a conflict exists, and takes corrective action based on the facts and circumstances of each individual potential conflict.

Form 990, Page 6, Part VI, Line 15A

Board of directors annually reviews the performance of the president of the organization and adjusts compensation accordingly.

Form 990, Page 6, Part VI, Line 15B

Board of directors annually reviews the performance of the key employees of the organization and adjusts compensation amounts accordingly.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rockbridge Seminary
EIN
14-1843684
Phone
8669314300
Address
3111 E BATTLEFIELD ROAD, SPRINGFIELD, MO 65804

Signing Officer

Name
Daryl Eldridge
Title
Executive Officer
Phone
4178511139
Signed
2020-12-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daryl Eldridge
Formed
2002
Legal Domicile
Mo
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
23

Preparer

Firm
Fritz Nippes & Associates LLC
Address
2838 S INGRAM MILL RD, SPRINGFIELD, MO 65804
Preparer
J Alan Nippes CPA
Phone
4178867300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Rockbridge seminary is an accredited degree-granting institution of higher learning that exists to develop servant leaders for christian ministry through quality distance educational experiences that allow them to study and practice without leaving their ministry field.

Form 990, Part IX, Line 11G

Teaching faculty 44,930 0 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
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IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION INDICATES TO ALL STUDENTS THAT IT DOES NOT DISCRIMINATE BASED ON AGE, SEX, RACE, OR ANY OTHER FACTOR.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROCKBRIDGE SEMINARY IS AN ACCREDITED DEGREE-GRANTING INSTITUTION OF HIGHER LEARNING THAT EXISTS TO DEVELOP SERVANT LEADERS FOR CHRISTIAN MINISTRY THROUGH QUALITY DISTANCE EDUCATIONAL EXPERIENCES THAT ALLOW THEM TO STUDY AND PRACTICE WITHOUT LEAVING THEIR MINISTRY FIELD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR WILL HOLD OFFICE FOR 3 YEARS. EACH DIRECTOR SHALL CAST ONE VOTE PER CANDIDATE, AND MAY VOTE FOR AS MANY CANDIDATES AS THE NUMBER OF CANDIDATES TO BE ELECTED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DUTIES OF THE DIRECTORS: A. APPOINT, SUPPORT, AND ASSESS THE PERFORMANCE OF THE PRESIDENT. B. CLARIFY THE INSTITUTIONS'S MISSION C. APPROVE LONG-RANGE PLANS. D. APPROVE THE EDUCATIONAL PROGRAM AND GRANT DEGREES. E. ENSURE THE WELL-BEING OF FACULTY, STUDENTS, AND STAFF. F. ENSURE SOUND FINANCIAL MANAGEMENT. G. ENSURE ADEQUATE FINANCIAL RESOURCES AND FINANCIALLY SUPPORT THE SEMINARY. H. PRESERVE INSTITUTIONAL AUTONOMY. I. INTERPRET AND PROMOTE THE SEMINARY TO THE PUBLIC AS OPPORTUNITIES ARISE. J. INTERPRET THE NEEDS OF THE CHURCH TO THE SEMINARY. K. SERVE AS A COURT OF LAST APPEAL. L. ASSESS THE BOARD'S PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPY OF 990 MADE AVAILABLE TO BOARD MEMBERS AT LARGE UPON REQUEST. INDEPENDENT CPA PREPARES FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS POTENTIAL CONFLICTS OF INTERESTS OF INDIVIDUAL DIRECTORS, DETERMINES WHETHER A CONFLICT EXISTS, AND TAKES CORRECTIVE ACTION BASED ON THE FACTS AND CIRCUMSTANCES OF EACH INDIVIDUAL POTENTIAL CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD OF DIRECTORS ANNUALLY REVIEWS THE PERFORMANCE OF THE PRESIDENT OF THE ORGANIZATION AND ADJUSTS COMPENSATION ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD OF DIRECTORS ANNUALLY REVIEWS THE PERFORMANCE OF THE KEY EMPLOYEES OF THE ORGANIZATION AND ADJUSTS COMPENSATION AMOUNTS ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TEACHING FACULTY 44,930 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
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IRS990/TaxExemptBondsInd0false
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IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0-12995
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0-12995
IRS990/TotalProgramServiceExpensesAmt0264113
IRS990/TotalProgramServiceRevenueAmt0230278
IRS990/TotalReportableCompFromOrgAmt075625
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0234221
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0398924
IRS990/TotalVolunteersCnt023
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0421450
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0432132
IRS990/TravelGrp/ManagementAndGeneralAmt04787
IRS990/TravelGrp/ProgramServicesAmt0800
IRS990/TravelGrp/TotalAmt05587
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IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0WWW.ROCKBRIDGE.EDU
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DARYL ELDRIDGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum04178511139
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROCKBRIDGE SEMINARY
ReturnHeader/Filer/BusinessNameControlTxt0ROCK
ReturnHeader/Filer/EIN0141843684
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ReturnHeader/FilingSecurityInformation/IPDt02020-12-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:35:56
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274854448
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRITZ NIPPES & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02838 S INGRAM MILL RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd065804
ReturnHeader/PreparerPersonGrp/PhoneNum04178867300
ReturnHeader/PreparerPersonGrp/PreparationDt02020-12-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J ALAN NIPPES CPA
ReturnHeader/ReturnTs02020-12-14T12:35:56-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-08-01
ReturnHeader/TaxPeriodEndDt02020-07-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.49$0.04$4.45$4.68$4.33$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.13$0.03$4.10$4.47$4.46$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.17$0.08$4.09$4.65$4.32$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.80$0.05$3.75$4.18$4.62$0.44
2020Detailed filing. Detailed filing data is available for this year.$4.32$0.13$4.19$3.99$3.99$0.00
2019Detailed filing. Detailed filing data is available for this year.$4.21$0.03$4.18$4.00$3.86$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.11$0.06$4.05$4.31$4.21$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.07$0.12$3.95$4.55$4.48$0.07
2016Detailed filing. Detailed filing data is available for this year.$3.96$0.08$3.88$4.63$4.60$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.93$0.08$3.85$4.79$4.64$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.75$0.04$3.70$5.68$4.71$0.97
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.09$2.73$4.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.19$3.09$4.62
2011Summary only. Only limited summary data is available for this year.$1.52$0.15$1.37$4.99$4.83$0.16