Carver Baptist Bible College, Institute & Theological Seminary
Legal name: Carver Baptist Bible Institute College
Nonprofit profile at a glance
- EIN
- 430916344
- IRS 990 coverage
- 2017–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Kansas City, MO, USA
- Phone
- 816-333-1577
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Undergraduate College (4-year)
- Affiliation
- Christianity
Reported finances
- Revenue
- $469,684
- Expenses
- $426,241
- Assets
- $730,107
- Liabilities
- $43,260
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DR ANTOINE D RICHARDSON (PRESIDENT)
Highest reported compensation
- DR ANTOINE D RICHARDSON (PRESIDENT): $42,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Carver Baptist Bible College, Institute & Theological Seminary, as a Christian institution of higher education, exists to glorify God by training and equipping Christians for effective church ministry in a multi-ethnic world. 3. Applicants without records of previous college attendance should provide evidence of a high school diploma or an equivalency certificate. 4. All students who desire to receive transfer credit for qualifying courses that were successfully completed at other collegiate institutions will need to have an official transcript sent directly to the Office of the Registrar at Carver from each institution. 5. Applications will be reviewed when all necessary papers have been received, including personal testimony. To avoid possible disappointments, prospective students should apply well in advance of the semester in which they wish to begin their studies.
What it reported doing in 2024
One of carvers key strengths is its specialization in the training of pastors, missionaries, and lay workers for ministry in local churches, with a particular emphasis on serving minority communities. This focus allows carver to provide a relevant biblical and theological education that equips students with the necesssary tools to minister effectively in contemporary urban cultures. Carvers unique focus on the inner city provides a special resource for pastors who serve or have a heart for urban ministries. The colleges emphasis on relevant education, experienced faculty, and affordable tuition equips students to navigate the challenges and opportunities present in urban communities, allowing them to make a lasting impact for the kingdom of god.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.1%; rating input score 77
- Program expense ratio: 84.2%; rating input score 84
- Fundraising efficiency: $29.64 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.2%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 1.71; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 10%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 10.4% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 15.2% per year; rating input score 100; 78th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 77.1% of revenue deployed · 84.2% of spending went to programs
- Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $359K in reported program spending
- Leadership: top reported pay $42K · 12 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 6 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 59/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.