Clear Creek Baptist Bible College Inc
Nonprofit profile at a glance
- EIN
- 616002351
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-N 2010
- Location
- Pineville, KY, USA
- Phone
- 6063371396
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $6,651,159
- Expenses
- $5,000,662
- Assets
- $31,935,019
- Liabilities
- $153,262
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
50 people listed
Executive titles in this filing
- Eric Greene (Executive Director of Tech)
- Charles Goodman (President)
Highest reported compensation
- Charles Goodman (President): $73,808 total reported compensation
- Roy Lucas (Dean of Academics): $56,121 total reported compensation
- Andrea Burchfield (Director of Library Servic): $44,832 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Private Baptist College
What it reported doing in 2024
Program service activity, tuition and fees, contribute importantly to the college's exempt purposes by providing educational services to students at less than the aggregate cost of these services. Such activity is the primary purpose for which the college was formed. All other revenue of the college, such as auxiliary enterprises, are essential components of the college's desire to provide a Christian education to its students. Since these activities are substantially related, and contribute importantly, to the accomplishment of the college's exempt purposes, the net income is not required to be reported on Form 990-T.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 86
- Accountability: 91
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.3%; rating input score 51
- Program expense ratio: 65.2%; rating input score 65
- Fundraising efficiency: $12.67 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 7th 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: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 24.8%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 6.39; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 89; 89th percentile among comparable filings
- Officer compensation ratio: 14.6%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 25th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 51.3% of revenue deployed · 65.2% of spending went to programs
- Governance: 25 of 25 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.3M in reported program spending
- Leadership: top reported pay $74K · 50 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors
- Filing history: 9 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 24 filed money-flow records
- 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 — Financial Efficiency: Mission deployment rate scored 51/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 19/100.