Civic Intelligence

Southeastern Baptist College Inc

990 • Fiscal year 2018 • EIN 64-0364542

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 10, 2018

Organization ProfileWWW.SOUTHEASTERNBAPTIST.EDU
4229 Highway 15 NorthLaurel, MS 39440

(601) 426-6346

Siviq Scores

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

Liabilities / Assets

51st percentile

0.03x

Higher debt load relative to assets than 51% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

44th percentile

0.02x

Higher debt load relative to revenue than 44% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

86th percentile

37%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$379,228

Up $102,210 (+37%) from 2017

Net Assets

Up

$366,362

Up $105,034 (+40%) from 2017

Liabilities

Down

$12,866

Down $2,824 (-18%) from 2017

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin72nd percentile

Revenue

Up

$694,474

Up $94,649 (+16%) from 2017

Expenses

Down

$589,443

Down $5,769 (-1.0%) from 2017

Net Income

Up

$105,031

Up $100,418 (+2177%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$3.0M$2.0M$1.0M$0Assets 2016: $267,873Liabilities 2016: $11,156Net Assets 2016: $256,7172016Assets 2017: $277,018Liabilities 2017: $15,690Net Assets 2017: $261,3282017Assets 2018: $379,228Liabilities 2018: $12,866Net Assets 2018: $366,3622018Assets 2019: $477,476Liabilities 2019: $93,580Net Assets 2019: $383,8962019Assets 2020: $474,750Liabilities 2020: $140,879Net Assets 2020: $333,8712020Assets 2021: $946,679Liabilities 2021: $31,361Net Assets 2021: $915,3182021Assets 2022: $1,596,470Liabilities 2022: $662,298Net Assets 2022: $934,1722022Assets 2023: $1,700,028Liabilities 2023: $618,026Net Assets 2023: $1,082,0022023Assets 2024: $2,060,031Liabilities 2024: $1,063,584Net Assets 2024: $996,4472024

Highlighted filing

2018

Assets$379,228
Liabilities$12,866
Net Assets$366,362
Open 2018 Filing

Operations Trend

Revenue Growth68th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $352,407Expenses 2016: $506,092Net Income 2016: -$153,6852016Revenue 2017: $599,825Expenses 2017: $595,212Net Income 2017: $4,6132017Revenue 2018: $694,474Expenses 2018: $589,443Net Income 2018: $105,0312018Revenue 2019: $1,033,913Expenses 2019: $1,016,379Net Income 2019: $17,5342019Revenue 2020: $1,149,068Expenses 2020: $1,199,093Net Income 2020: -$50,0252020Revenue 2021: $2,083,293Expenses 2021: $1,501,846Net Income 2021: $581,4472021Revenue 2022: $2,290,182Expenses 2022: $2,271,328Net Income 2022: $18,8542022Revenue 2023: $2,274,706Expenses 2023: $2,126,878Net Income 2023: $147,8282023Revenue 2024: $2,059,553Expenses 2024: $2,145,108Net Income 2024: -$85,5552024

Highlighted filing

2018

Revenue$694,474
Expenses$589,443
Net Income$105,031
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 10, 2018
Return Version
2017v2.3
Gross Receipts
$694,474
Mission and Program Overview

Mission

The purpose of southeastern baptist college is to glorify god by providing quality post-secondary education from a biblical world view in a christian atmosphere. Southeastern baptist college, inc., seeks to prepare men and women in the christian community expressing a desire to be involved in a church related vocation. Training is provided on campus and through extensions to help prepare people for ministry in the pastorate, missionary work, music ministries, christian education and youth ministries.

The purpose of southeastern baptist college is to glorify god by providing quality post-secondary education from a biblical world view in a christian atmosphere. Southeastern baptist college, inc., seeks to prepare men and women in the christian community expressing a desire to be involved in a church related vocation. Training is provided on campus and through extensions to help prepare people for ministry in the pastorate, missionary work, music ministries, christian education, and youth ministries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$136,416$250,366▲ $113,950
Cash and Non-Interest-Bearing Accounts$110,421$110,445▲ $24
Pledges and Grants Receivable$7,552$8,749▲ $1,197
Inventories for Sale or Use$11,184$6,161▼ $5,023
Prepaid Expenses and Deferred Charges$2,571$2,747▲ $176
Accounts Receivable$8,874$760▼ $8,114
Total Assets$277,018$379,228▲ $102,210
Liabilities
Accounts Payable and Accrued Expenses$15,690$12,866▼ $2,824
Total Liabilities$15,690$12,866▼ $2,824
Net Assets / Fund Balance
Unrestricted Net Assets$211,999$317,033▲ $105,034
Temporarily Rstr Net Assets$49,329$49,329→ $0
Total Net Assets Fund Balance$261,328$366,362▲ $105,034
Total Liabilities and Net Assets / Fund Balance$277,018$379,228▲ $102,210

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$95,400$716,604$812,004
Equipment$8,439$339,999$348,438
Land$134,731-$134,731
Other Land Buildings$11,796$69,386$81,182
Leasehold Improvements$0$8,363$8,363
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Leon CarmicalChairman
Sam OglesbyVice-chairman
Arthur BroadheadTrustee
Buck HughesTrustee
Dennis RankinTrustee
Dwight SibleyTrustee
Erma Sue HensarlingTrustee
Kenneth PollockTrustee
Matt HudsonTrustee
Robert WelbornTrustee
Scott KirklandTrustee
Chris FloydRec. Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$499,912
Program Service Revenue
$193,588
Investment Income
$974
Other Revenue
$0
All Other Contributions
$367,024
Change in Net Assets
$105,031

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$122,186Realtor Assessment
Cars and Other Vehicles1$7,500Sales of Similar Models
Total Noncash Contributions2$129,686-

Audited Revenue Reconciliation

Revenue per Audited Statements
$584,052
Revenue Not Reported on Financial Statements
$110,422
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$110,422
Total Revenue per Audited Statements
$584,052
Total Revenue per Form 990
$694,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$284,032
Other Expenses$194,989
Grants and Similar Amounts Paid$110,422
Total Fundraising Expense$26,286
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$118,493$119,057$4,229$241,779
Grants to Domestic Individuals$110,422--$110,422
Occupancy$51,366$5,080-$56,446
Office Expenses$17,387$13,910$3,478$34,775
Insurance$25,784$2,550-$28,334
Other Employee Benefits$11,670$11,669$476$23,815
Payroll Taxes$9,007$9,108$323$18,438
Fees for Services Management-$16,267-$16,267
Depreciation Depletion$14,600$1,444-$16,044
Advertising--$11,898$11,898
Fees for Services Accounting-$9,346-$9,346
Travel-$3,533-$3,533
Other Expenses$2,755-$5,882$2,755
Fees for Services Other-$625-$625
Total Functional Expenses$370,568$192,589$26,286$589,443

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$589,443
Expenses per Audited Statements$479,021
Total Expenses per Audited Statements$479,021
Expenses Not Reported on Financial Statements$110,422
Other Expense Adjustments$110,422
Expenses Not Reported on Form 990$0
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board will review the 990 after it is filed with the irs.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Southeastern Baptist College Inc
EIN
64-0364542
Phone
6014266346
Address
4229 HIGHWAY 15 NORTH, LAUREL, MS 39440

Signing Officer

Name
Dr Scott Carson
Title
President
Phone
6014266346
Signed
2018-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Scott Carson
Formed
1979
Legal Domicile
Ms
Voting Board Members
12
Independent Board Members
12
Employees
25
Volunteers
10

Preparer

Firm
Barlow and Company Pllc
Address
282 MAXEY DR, BRANOND, MS 39042
Preparer
Charles S Barlow CPA
Phone
6018251310
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The college has operated as an organization exempt from income taxes under section 501(c)(3) of the internal revenue code since its establishment in 1979. In prior years the college did not maintained timely filings with the internal revenue service ("irs") and its 501(c)(3) status of the college was terminated by the irs. After the year ended june 30, 2016, the college submitted an application for retroactive recognition of exemption under section 501(c)(3) of the internal revenue code. The application was approved april 7, 2017, with a retroactive effective date of november 15, 2010. All filings have been or are being made for prior periods affected. Consequently, the college is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, as amended and like provisions of the mississippi code. The college has determined that there are no significant uncertain tax positions as of june 30, 2018. Filings for all tax periods retroactively approved remain subject to examination by federal and state taxing jurisdictions to which the college is subject.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Scholarsip expenses netted with income on financial statements 110,422.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Scholarsip expenses netted with income on financial statements 110,422.”

Raw XML AppendixShowing 400 of 507 raw XML fields

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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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0476
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011669
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011670
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023815
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1RECRUITING EXPENSE
IRS990/OtherExpensesGrp/Desc2ATHLETIC EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt05882
IRS990/OtherExpensesGrp/ProgramServicesAmt09084
IRS990/OtherExpensesGrp/ProgramServicesAmt12755
IRS990/OtherExpensesGrp/TotalAmt09084
IRS990/OtherExpensesGrp/TotalAmt15882
IRS990/OtherExpensesGrp/TotalAmt22755
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04229
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0119057
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0118493
IRS990/OtherSalariesAndWagesGrp/TotalAmt0241779
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0323
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09108
IRS990/PayrollTaxesGrp/ProgramServicesAmt09007
IRS990/PayrollTaxesGrp/TotalAmt018438
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07552
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt08749
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02571
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02747
IRS990/PrincipalOfficerNm0DR SCOTT CARSON
IRS990/PriorPeriodAdjustmentsAmt03
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611310
IRS990/ProgramServiceRevenueGrp/BusinessCd1611310
IRS990/ProgramServiceRevenueGrp/BusinessCd2611310
IRS990/ProgramServiceRevenueGrp/BusinessCd3611310
IRS990/ProgramServiceRevenueGrp/BusinessCd4611310
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT TUITIONS AND F
IRS990/ProgramServiceRevenueGrp/Desc1DORMITORY FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc3BOOKSTORE INCOME
IRS990/ProgramServiceRevenueGrp/Desc4DISPOSAL OF WORTHLESS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0153340
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125958
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217502
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31811
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4-5023
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0153340
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125958
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217502
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4-5023
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0376634
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0130239
IRS990/PYInvestmentIncomeAmt0548
IRS990/PYOtherExpensesAmt0145273
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0222643
IRS990/PYRevenuesLessExpensesAmt04613
IRS990/PYSalariesCompEmpBnftPaidAmt0319700
IRS990/PYTotalExpensesAmt0595212
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0599825
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0105031
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt036198
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0193588
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt095400
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0716604
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0812004
IRS990ScheduleD/EquipmentGrp/BookValueAmt08439
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0339999
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0348438
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0110422
IRS990ScheduleD/ExpensesSubtotalAmt0479021
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0134731
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0134731
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08363
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt08363
IRS990ScheduleD/OtherExpensesNotIncludedAmt0110422
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011796
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt069386
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt081182
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0110422
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0110422
IRS990ScheduleD/RevenueSubtotalAmt0584052
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COLLEGE HAS OPERATED AS AN ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE SINCE ITS ESTABLISHMENT IN 1979. IN PRIOR YEARS THE COLLEGE DID NOT MAINTAINED TIMELY FILINGS WITH THE INTERNAL REVENUE SERVICE ("IRS") AND ITS 501(C)(3) STATUS OF THE COLLEGE WAS TERMINATED BY THE IRS. AFTER THE YEAR ENDED JUNE 30, 2016, THE COLLEGE SUBMITTED AN APPLICATION FOR RETROACTIVE RECOGNITION OF EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE APPLICATION WAS APPROVED APRIL 7, 2017, WITH A RETROACTIVE EFFECTIVE DATE OF NOVEMBER 15, 2010. ALL FILINGS HAVE BEEN OR ARE BEING MADE FOR PRIOR PERIODS AFFECTED. CONSEQUENTLY, THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED AND LIKE PROVISIONS OF THE MISSISSIPPI CODE. THE COLLEGE HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2018. FILINGS FOR ALL TAX PERIODS RETROACTIVELY APPROVED REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING JURISDICTIONS TO WHICH THE COLLEGE IS SUBJECT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SCHOLARSIP EXPENSES NETTED WITH INCOME ON FINANCIAL STATEMENTS 110,422.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SCHOLARSIP EXPENSES NETTED WITH INCOME ON FINANCIAL STATEMENTS 110,422.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0250366
IRS990ScheduleD/TotalExpensesPerForm990Amt0589443
IRS990ScheduleD/TotalRevenuePerForm990Amt0694474
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0584052
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0479021
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL CATALOG HAS THE NONDISCRIMINATORY POLICY PRINTED IN IT AND THE ADMISSION FORM USED DURING THE REGISTRATION PERIOD ALSO HAS THE NONDISCRIMINATORY POLICY PRINTED ON IT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt096690
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt113732
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0PELL GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1IN-HOUSE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2IN-HOUSE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt028
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt126
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt01
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0SALES OF SIMILAR MODELS
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt07500
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0REALTOR ASSESSMENT
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt0122186
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD WILL REVIEW THE 990 AFTER IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SOUTHEASTERN BAPTIST COLLEGE FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0640624699
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FOUNDATION FOR SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)(IV)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0155 ARROWHEAD TRAIL

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$379,228
Liabilities
$12,866
Net assets
$366,362
Revenue
$694,474
Expenses
$589,443
Net income
$105,031
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.06$1.06$1.00$2.06$2.15$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.70$0.62$1.08$2.27$2.13$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.60$0.66$0.93$2.29$2.27$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.03$0.92$2.08$1.50$0.58
2020Detailed filing. Detailed filing data is available for this year.$0.47$0.14$0.33$1.15$1.20$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.09$0.38$1.03$1.02$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.38$0.01$0.37$0.69$0.59$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.28$0.02$0.26$0.60$0.60$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$0.35$0.51$0.15