Civic Intelligence

Montana Bible College

EIN 81-0444020 • 501(c)3 • Billings, MT

Pub. 78 Eligible

Profile

Montana bible college exists to glorify god through biblical higher education by training men and women for a lifetime of dynamic christian living and service.

1519 S ShilohBillings, MT 59106

www.montanabiblecollege.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.60x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

89th percentile

1.04x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

59th percentile

$82,008

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

26th percentile

-4.1%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

2nd percentile

-74%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$2,119,700

Down $89,816 (-4.1%) from 2024

Liabilities

Up

$1,274,410

Up $46,747 (+3.8%) from 2024

Net Assets

Down

$845,290

Down $136,563 (-14%) from 2024

Revenue

Down

$1,225,053

Down $3,486,791 (-74%) from 2024

Expenses

Down

$1,361,616

Down $5,602,540 (-80%) from 2024

Net Income

Up

-$136,563

Up $2,115,749 (+94%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $2,665,602Liabilities 2011: $53,768Net Assets 2011: $2,611,8342011Assets 2012: $2,706,782Liabilities 2012: $70,358Net Assets 2012: $2,636,4242012Assets 2013: $4,093,564Liabilities 2013: $76,668Net Assets 2013: $4,016,8962013Assets 2014: $4,030,288Liabilities 2014: $51,321Net Assets 2014: $3,978,9672014Assets 2015: $4,188,063Liabilities 2015: $43,440Net Assets 2015: $4,144,6232015Assets 2016: $4,243,988Liabilities 2016: $54,564Net Assets 2016: $4,189,4242016Assets 2017: $4,101,059Liabilities 2017: $42,492Net Assets 2017: $4,058,5672017Assets 2018: $4,040,057Liabilities 2018: $41,314Net Assets 2018: $3,998,7432018Assets 2019: $4,028,531Liabilities 2019: $63,120Net Assets 2019: $3,965,4112019Assets 2020: $3,908,286Liabilities 2020: $166,302Net Assets 2020: $3,741,9842020Assets 2021: $3,730,595Liabilities 2021: $46,620Net Assets 2021: $3,683,9752021Assets 2022: $3,773,599Liabilities 2022: $68,798Net Assets 2022: $3,704,8012022Assets 2023: $3,435,699Liabilities 2023: $201,534Net Assets 2023: $3,234,1652023Assets 2024: $2,209,516Liabilities 2024: $1,227,663Net Assets 2024: $981,8532024Assets 2025: $2,119,700Liabilities 2025: $1,274,410Net Assets 2025: $845,2902025

Highlighted filing

2025

Assets$2,119,700
Liabilities$1,274,410
Net Assets$845,290

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $736,1562011Revenue 2012: $837,943Expenses 2012: $805,087Net Income 2012: $32,8562012Expenses 2013: $1,032,0272013Revenue 2014: $767,578Expenses 2014: $823,432Net Income 2014: -$55,8542014Revenue 2015: $1,076,809Expenses 2015: $935,778Net Income 2015: $141,0312015Revenue 2016: $1,108,037Expenses 2016: $1,005,753Net Income 2016: $102,2842016Revenue 2017: $831,424Expenses 2017: $1,009,798Net Income 2017: -$178,3742017Revenue 2018: $1,007,694Expenses 2018: $1,085,832Net Income 2018: -$78,1382018Revenue 2019: $942,131Expenses 2019: $1,028,181Net Income 2019: -$86,0502019Revenue 2020: $953,142Expenses 2020: $1,144,453Net Income 2020: -$191,3112020Revenue 2021: $1,140,216Expenses 2021: $1,160,983Net Income 2021: -$20,7672021Revenue 2022: $1,331,899Expenses 2022: $1,276,759Net Income 2022: $55,1402022Revenue 2023: $1,148,309Expenses 2023: $1,534,613Net Income 2023: -$386,3042023Revenue 2024: $4,711,844Expenses 2024: $6,964,156Net Income 2024: -$2,252,3122024Revenue 2025: $1,225,053Expenses 2025: $1,361,616Net Income 2025: -$136,5632025

Highlighted filing

2025

Revenue$1,225,053
Expenses$1,361,616
Net Income-$136,563

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.12$1.27$0.85$1.23$1.36$0.14
2024Detailed filing. Detailed filing data is available for this year.$2.21$1.23$0.98$4.71$6.96$2.25
2023Detailed filing. Detailed filing data is available for this year.$3.44$0.20$3.23$1.15$1.53$0.39
2022Detailed filing. Detailed filing data is available for this year.$3.77$0.07$3.70$1.33$1.28$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.05$3.68$1.14$1.16$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.91$0.17$3.74$0.95$1.14$0.19
2019Detailed filing. Detailed filing data is available for this year.$4.03$0.06$3.97$0.94$1.03$0.09
2018Detailed filing. Detailed filing data is available for this year.$4.04$0.04$4.00$1.01$1.09$0.08
2017Detailed filing. Detailed filing data is available for this year.$4.10$0.04$4.06$0.83$1.01$0.18
2016Detailed filing. Detailed filing data is available for this year.$4.24$0.05$4.19$1.11$1.01$0.10
2015Detailed filing. Detailed filing data is available for this year.$4.19$0.04$4.14$1.08$0.94$0.14
2014Detailed filing. Detailed filing data is available for this year.$4.03$0.05$3.98$0.77$0.82$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.09$0.08$4.02$1.03
2012Summary only. Only limited summary data is available for this year.$2.71$0.07$2.64$0.84$0.81$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.05$2.61$0.74
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 15, 2025
Return Version
2024v5.0
Gross Receipts
$1,573,233
Mission and Program Overview

Mission

Montana bible college exists to glorify god through biblical higher education by training men and women for a lifetime of dynamic christian living and service.

Montana bible college exists to glorify god through biblical higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$62,704$424,216▲ $361,512
Savings and Temporary Cash Investments$353,253--
Investments Other Securities$290,700--
Other Notes and Loans Receivable, Net-$268,000-
Cash and Non-Interest-Bearing Accounts$215,463$196,563▼ $18,900
Accounts Receivable$64,257$80,687▲ $16,430
Inventories for Sale or Use$23,100$26,400▲ $3,300
Investments in Publicly Traded Securities$63,020$5,540▼ $57,480
Prepaid Expenses and Deferred Charges$5,063$4,062▼ $1,001
Total Assets$2,209,516$2,119,700▼ $89,816
Other Assets Total$1,131,956$1,114,232▼ $17,724
Liabilities
Other Liabilities$1,131,956$1,126,800▼ $5,156
Accounts Payable and Accrued Expenses$95,707$147,610▲ $51,903
Total Liabilities$1,227,663$1,274,410▲ $46,747
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$804,400$707,833▼ $96,567
Net Assets With Donor Restrictions$177,453$137,457▼ $39,996
Total Net Assets Fund Balance$981,853$845,290▼ $136,563
Total Liabilities and Net Assets / Fund Balance$2,209,516$2,119,700▼ $89,816

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$364,555-$364,555
Equipment$55,891$101,458$157,349
Other Land Buildings$3,770-$3,770
Other Assets Org$1,114,232--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ryan WardPresident-paFT$47,808$34,200$82,008
Joe KingPresidentFT$76,062-$76,062

Board Members and Trustees

NameTitle
Mark DanielsonBoard Chairm
Jeff PetersonBoard Vice-c
Les WaltonDirector
Tony GaffkeDirector
Ken FennoSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$818,713
Program Service Revenue
$382,048
Investment Income
$-37,417
Other Revenue
$61,709
All Other Contributions
$550,713
Change in Net Assets
$-136,563

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,136,877
Revenue Not Reported on Financial Statements
$88,176
Revenue Not Reported on Form 990
$63,680
Other Revenue Adjustments
$88,176
Total Revenue per Audited Statements
$1,200,557
Total Revenue per Form 990
$1,225,053
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$654,480
Salaries, Compensation, and Employee Benefits$618,960
Grants and Similar Amounts Paid$88,176
Total Fundraising Expense$17,215
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$272,834$151,574$8,661$433,069
Advertising$127,192--$127,192
Current Officers, Directors, Trustees, and Key Employees$78,039$43,355$2,478$123,872
Fees for Services Other-$119,727-$119,727
Occupancy$40,799$61,638-$102,437
Grants to Domestic Individuals$88,176--$88,176
Payroll Taxes$22,563$12,535$716$35,814
Information Technology$13,152$13,151$2,923$29,226
Travel$26,561$40-$26,601
Office Expenses$8,136$8,135$1,808$18,079
Other Employee Benefits$9,728$5,405$309$15,442
Fees for Services Accounting-$11,000-$11,000
Comp Disqual Persons$6,781$3,767$215$10,763
Other Expenses$2,650$388-$3,038
Insurance$472$473$105$1,050
Interest-$244-$244
Total Functional Expenses$912,751$431,650$17,215$1,361,616

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,361,616
Total Expenses per Audited Statements$1,337,120
Expenses per Audited Statements$1,273,440
Expenses Not Reported on Financial Statements$88,176
Other Expense Adjustments$88,176
Expenses Not Reported on Form 990$63,680
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Andrea WardFamilyCompensationNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$1,114,231
Income Taxes Payable$12,569
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
No
Management duties delegated
No

Governance Explanations

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

The form 990 is prepared by an independent cpa firm and reviewed by the secretary/treasurer of the board and then presented to the entire board for approval prior to being filed.

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

Any director with a potential conflict of interest on a particular issue shall notify the board and refrain from discussion except as questioned by the board. Directors with a potential conflict shall abstain from voting on those issues. The board shall note the potential conflict in their minutes and shall take extra caution in order to protect the integrity of the college as well as the integrity of the directors. This extra caution shall include comparing other options. Additionally, the directors review annually in march any issues that had conflict potential, as further monitoring that the policy is followed.

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

Annual president's compensation reviews are done at the last board of directors' meeting of the fiscal year. The executive committtee has direct determination of salaries with respect to the annual budget, but final approval is given by the entire board.

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

Annual compensation reviews are done at the last board of directors' meeting of the fiscal year. The executive committtee has direct determination of salaries with respect to the annual budget, but final approval is given by the entire board.

Form 990, Page 6, Part VI, Line 19

No other documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Montana Bible College
EIN
81-0444020
Phone
4065863585
Address
1519 S SHILOH, BILLINGS, MT 59106

Signing Officer

Name
Joe King
Title
President
Phone
4065863585
Signed
2025-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe King
Formed
1987
Legal Domicile
Mt
Voting Board Members
6
Independent Board Members
5
Employees
37
Volunteers
5

Preparer

Firm
David C Moja CPA
Address
PO BOX 531, REIDSVILLE, GA 30453
Preparer
Dave Moja
Phone
3212589907
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Scholarships -88,176 scholarships 88,176

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

SCHOLARSHIPS 88,176

Schedule D, Page 4, Part XII, Line 4B

SCHOLARSHIPS 88,176

Raw XML AppendixShowing 400 of 458 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/MissionDesc0MONTANA BIBLE COLLEGE EXISTS TO GLORIFY GOD THROUGH BIBLICAL HIGHER EDUCATION BY TRAINING MEN AND WOMEN FOR A LIFETIME OF DYNAMIC CHRISTIAN LIVING AND SERVICE.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS 88,176
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SCHOLARSHIPS 88,176
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 4B
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATORY POLICY IS NOTED ON OUR ADMISSION PRINT MATERIAL, OUR CATALOG, AND IS ALSO POSTED ON OUR WEBSITE.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0WHEN SCHOLARSHIP FUNDS ARE AVAILABLE, STUDENTS ARE ENCOURAGED TO MAKE APPLICATION TO THE SCHOLARSHIP COMMITTEE. UPON REVIEW BY THE COMMITTEE, FUNDS ARE DISBURSED ON THE BASIS OF NEED AND/OR ACADEMIC QUALIFICATIONS. ALL STUDENTS ARE ELIGIBLE FOR SCHOLARSHIPS REGARDLESS OF RACE, COLOR, SEX, HANDICAP, AGE, AND NATIONAL ETHNIC ORIGIN.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED BY THE SECRETARY/TREASURER OF THE BOARD AND THEN PRESENTED TO THE ENTIRE BOARD FOR APPROVAL PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY DIRECTOR WITH A POTENTIAL CONFLICT OF INTEREST ON A PARTICULAR ISSUE SHALL NOTIFY THE BOARD AND REFRAIN FROM DISCUSSION EXCEPT AS QUESTIONED BY THE BOARD. DIRECTORS WITH A POTENTIAL CONFLICT SHALL ABSTAIN FROM VOTING ON THOSE ISSUES. THE BOARD SHALL NOTE THE POTENTIAL CONFLICT IN THEIR MINUTES AND SHALL TAKE EXTRA CAUTION IN ORDER TO PROTECT THE INTEGRITY OF THE COLLEGE AS WELL AS THE INTEGRITY OF THE DIRECTORS. THIS EXTRA CAUTION SHALL INCLUDE COMPARING OTHER OPTIONS. ADDITIONALLY, THE DIRECTORS REVIEW ANNUALLY IN MARCH ANY ISSUES THAT HAD CONFLICT POTENTIAL, AS FURTHER MONITORING THAT THE POLICY IS FOLLOWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL PRESIDENT'S COMPENSATION REVIEWS ARE DONE AT THE LAST BOARD OF DIRECTORS' MEETING OF THE FISCAL YEAR. THE EXECUTIVE COMMITTTEE HAS DIRECT DETERMINATION OF SALARIES WITH RESPECT TO THE ANNUAL BUDGET, BUT FINAL APPROVAL IS GIVEN BY THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL COMPENSATION REVIEWS ARE DONE AT THE LAST BOARD OF DIRECTORS' MEETING OF THE FISCAL YEAR. THE EXECUTIVE COMMITTTEE HAS DIRECT DETERMINATION OF SALARIES WITH RESPECT TO THE ANNUAL BUDGET, BUT FINAL APPROVAL IS GIVEN BY THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SCHOLARSHIPS -88,176 SCHOLARSHIPS 88,176
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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