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Pensacola Christian College Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Elementary, Secondary Education, K - 12 (NTEE)

Donations to this organization are tax deductible.

Details

According to its May 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$173M (2023)

Expenses
$170M (2023)

Total Assets
$650M (2023)

Total Liabilities
$27.6M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending May
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$172,551,208
Expenses
$169,682,559
Net Income
$2,868,649
Net Assets
$622,149,017
Notable Sources of Revenue Percent of Total Revenue
Contributions $43,942,768
25.5%
Program Services $78,286,830
45.4%
Investment Income $8,746,781
5.1%
Bond Proceeds $0
Royalties $32,436,580
18.8%
Rental Property Income $8,012,735
4.6%
Net Fundraising $0
Sales of Assets $1,125,514
0.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $443,199
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $72,243,973
42.6%
Assets/Debt
Total Assets $649,730,134
Total Liabilities $27,581,117
Net Assets $622,149,017
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Troy Shoemaker (President) $205,069 $0 $0
Jonathan E Lands () $173,879 $0 $0
Michael Harrison () $148,561 $0 $0
Raylene D Cochran () $136,151 $0 $0
James Thompson Ii (Cfo) $127,109 $0 $0
Timothy Mclaughlin () $126,448 $0 $0
Reggie Bartkowski () $121,891 $0 $0
Denise Shoemaker (Secretary) $111,021 $0 $0
Mr Gary Gerrard (Director) $0 $0 $0
Dr Phyllis Rand (Director) $0 $0 $0
John Prickett (Director) $0 $0 $0
Dr Jeff Redlin (Director) $0 $0 $0
Dr Stephania Rasmussen (Chairman) $0 $0 $0
Dr Steven Maldoff (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$135,086,506
Expenses
$145,485,890
Net Income
-$10,399,384
Net Assets
$619,280,368
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,177,869
8.3%
Program Services $72,961,626
54.0%
Investment Income $8,570,281
6.3%
Bond Proceeds $0
Royalties $34,630,633
25.6%
Rental Property Income $7,736,897
5.7%
Net Fundraising $0
Sales of Assets $9,200
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $417,494
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $62,094,775
42.7%
Assets/Debt
Total Assets $644,308,862
Total Liabilities $25,028,494
Net Assets $619,280,368
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Troy Shoemaker (President) $191,102 $0 $0
Jonathan E Lands () $158,849 $0 $0
Raylene D Cochran () $126,586 $0 $0
James Thompson Ii (Cfo) $118,820 $0 $0
Timothy Mclaughlin () $115,888 $0 $0
Ronald M Schmuck () $115,106 $0 $0
Carlos Alvarez () $113,623 $0 $0
Denise Shoemaker (Secretary) $107,572 $0 $0
Dr Phyllis Rand (Director) $0 $0 $0
John Prickett (Director) $0 $0 $0
Dr Jeff Redlin (Director) $0 $0 $0
Dr Stephania Rasmussen (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending May
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$130,913,890
Expenses
$128,400,737
Net Income
$2,513,153
Net Assets
$629,679,752
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,913,316
18.3%
Program Services $64,304,752
49.1%
Investment Income $9,548,395
7.3%
Bond Proceeds $0
Royalties $25,461,189
19.4%
Rental Property Income $7,682,726
5.9%
Net Fundraising $0
Sales of Assets $3,512
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $407,005
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $57,849,523
45.1%
Assets/Debt
Total Assets $652,208,115
Total Liabilities $22,528,363
Net Assets $629,679,752
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Troy Shoemaker (President) $193,045 $0 $0
Jonathan E Lands () $129,376 $0 $0
Raylene D Cochran () $119,564 $0 $0
Eric F Henderson () $114,441 $0 $0
Ronald M Schmuck () $110,111 $0 $0
James Thompson Ii (Cfo) $109,500 $0 $0
Denise D Mccollim () $109,063 $0 $0
Denise Shoemaker (Secretary) $104,460 $0 $0
Dr Charles E Buettner (Chairman) $0 $0 $0
Dr Phyllis Rand (Director) $0 $0 $0
John Prickett (Director) $0 $0 $0
Dr Jeff Redlin (Director) $0 $0 $0
Dr Stephania Rasmussen (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$124,380,488
Expenses
$122,228,430
Net Income
$2,152,058
Net Assets
$627,166,599
Notable Sources of Revenue Percent of Total Revenue
Contributions $28,262,598
22.7%
Program Services $64,155,142
51.6%
Investment Income $9,402,558
7.6%
Bond Proceeds $0
Royalties $15,460,496
12.4%
Rental Property Income $7,080,209
5.7%
Net Fundraising $0
Sales of Assets $19,485
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $391,504
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $52,716,734
43.1%
Assets/Debt
Total Assets $650,796,053
Total Liabilities $23,629,454
Net Assets $627,166,599
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Troy Shoemaker (President) $188,264 $0 $0
Raylene D Cochran () $113,068 $0 $0
Eric F Henderson () $110,165 $0 $0
Carlos A Alvarez () $108,094 $0 $0
Ronald M Schmuck () $104,814 $0 $0
Denise D Mccollim () $102,372 $0 $0
Denise Shoemaker (Secretary) $101,740 $0 $0
James Thompson Ii (Cfo) $101,500 $0 $0
Dr Charles E Buettner (Chairman) $0 $0 $0
Dr Phyllis Rand (Director) $0 $0 $0
John Prickett (Director) $0 $0 $0
Dr Jeff Redlin (Director) $0 $0 $0
Dr Stephania Rasmussen (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$118,979,278
Expenses
$129,636,796
Net Income
-$10,657,518
Net Assets
$625,014,541
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,448,183
19.7%
Program Services $65,198,834
54.8%
Investment Income $10,168,201
8.5%
Bond Proceeds $0
Royalties $13,403,517
11.3%
Rental Property Income $7,066,800
5.9%
Net Fundraising $0
Sales of Assets -$306,257
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $335,488
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $52,551,115
40.5%
Assets/Debt
Total Assets $643,262,853
Total Liabilities $18,248,312
Net Assets $625,014,541
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Troy Shoemaker (President) $225,208 $0 $0
Mrs Denise Shoemaker (Secretary) $110,280 $0 $0
Dr Charles E Buettner (Chairman) $0 $0 $0
Dr Dennis Martin (Director) $0 $0 $0
Mr John Prickett (Director) $0 $0 $0
Dr Jeff Redlin (Director) $0 $0 $0
Dr Stephania Rasmussen (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$156,605,166
Expenses
$115,104,943
Net Income
$41,500,223
Net Assets
$635,672,059
Notable Sources of Revenue Percent of Total Revenue
Contributions $58,854,038
37.6%
Program Services $68,153,199
43.5%
Investment Income $9,720,773
6.2%
Bond Proceeds $0
Royalties $13,292,358
8.5%
Rental Property Income $6,616,768
4.2%
Net Fundraising $0
Sales of Assets -$31,970
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $310,098
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $48,664,127
42.3%
Assets/Debt
Total Assets $660,965,046
Total Liabilities $25,292,987
Net Assets $635,672,059
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Troy Shoemaker (President) $206,468 $0 $0
Mrs Denise Shoemaker (Secretary) $103,629 $0 $0
Dr Charles E Buettner (Chairman) $0 $0 $0
Dr Dennis Martin (Director) $0 $0 $0
Mr John Prickett (Director) $0 $0 $0
Dr Jeff Redlin (Director) $0 $0 $0
Dr Stephania Rasmussen (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$121,733,181
Expenses
$101,306,262
Net Income
$20,426,919
Net Assets
$594,171,836
Notable Sources of Revenue Percent of Total Revenue
Contributions $28,978,279
23.8%
Program Services $65,332,354
53.7%
Investment Income $9,598,500
7.9%
Bond Proceeds $0
Royalties $11,510,467
9.5%
Rental Property Income $6,683,577
5.5%
Net Fundraising $0
Sales of Assets -$369,996
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $260,948
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $43,544,685
43.0%
Assets/Debt
Total Assets $612,987,945
Total Liabilities $18,816,109
Net Assets $594,171,836
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Dr Troy Shoemaker (President) $161,803 $0 $0
Mrs Denise Shoemaker (Secretary) $99,145 $0 $0
Dr Charles E Buettner (Chairman) $0 $0 $0
Dr Dennis Martin (Director) $0 $0 $0
Mr John Prickett (Director) $0 $0 $0
Dr Jeff Redlin (Director) $0 $0 $0
Dr Stephania Rasmussen (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$402,393,892
Expenses
$94,420,832
Net Income
$307,973,060
Net Assets
$574,176,829
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,909,987
4.5%
Program Services $63,527,604
15.8%
Investment Income $9,436,532
2.3%
Bond Proceeds $0
Royalties $5,865,328
1.5%
Rental Property Income $6,077,954
1.5%
Net Fundraising $0
Sales of Assets $299,576,487
74.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $231,566
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $40,407,145
42.8%
Assets/Debt
Total Assets $593,944,964
Total Liabilities $19,768,135
Net Assets $574,176,829
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Troy Shoemaker (President) $151,575 $0 $0
Denise Shoemaker (Secretary) $88,688 $0 $0
Arlin R Horton (Director) $0 $0 $0
Rebekah Horton (Director) $0 $0 $0
Charles E Buettner (Chairman) $0 $0 $0
Dan Mangus (Director) $0 $0 $0
John Prickett (Director) $0 $0 $0
Dennis Martin (Director) $0 $0 $0
Gary East (Cfo) $0 $100,768 $0

Document Links

Fiscal Year Ending May
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$92,197,749
Expenses
$93,520,715
Net Income
-$1,322,966
Net Assets
$266,203,769
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,104,653
8.8%
Program Services $55,931,360
60.7%
Investment Income $98,855
0.1%
Bond Proceeds $0
Royalties $22,297,987
24.2%
Rental Property Income $5,752,846
6.2%
Net Fundraising $0
Sales of Assets $12,048
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $338,349
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $35,464,437
37.9%
Assets/Debt
Total Assets $284,567,218
Total Liabilities $18,363,449
Net Assets $266,203,769
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Troy Shoemaker (President) $137,763 $0 $0
Joel H Mullenix (Director) $114,677 $0 $0
Denise Shoemaker (Secretary) $85,909 $0 $0
Arlin R Horton (Director) $0 $0 $0
Rebekah Horton (Director) $0 $0 $0
Charles E Buettner (Chairman) $0 $0 $0
Dan Mangus (Director) $0 $0 $0
John Prickett (Director) $0 $0 $0
Dennis Martin (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$86,961,731
Expenses
$94,928,317
Net Income
-$7,966,586
Net Assets
$267,526,735
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,450,649
5.1%
Program Services $55,181,454
63.5%
Investment Income $434,320
0.5%
Bond Proceeds $0
Royalties $20,889,869
24.0%
Rental Property Income $5,979,825
6.9%
Net Fundraising $0
Sales of Assets $25,614
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $31,552,557
33.2%
Assets/Debt
Total Assets $284,312,157
Total Liabilities $16,785,422
Net Assets $267,526,735
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Troy Shoemaker (President) $169,916 $0 $0
Joel H Mullenix (Director) $108,694 $0 $0
Denise Shoemaker (Secretary) $90,842 $0 $0
Arlin R Horton (Director) $0 $0 $0
Rebekah Horton (Director) $0 $0 $0
Charles E Buettner (Chairman) $0 $0 $0
Dan Mangus (Director) $0 $0 $0
John Prickett (Director) $0 $0 $0
Bill Tison (Director) $0 $0 $0

Document Links

Fiscal Year Ending May
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$88,226,861
Expenses
$86,001,129
Net Income
$2,225,732
Net Assets
$275,328,395
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,376,590
5.0%
Program Services $55,774,841
63.2%
Investment Income $441,602
0.5%
Bond Proceeds $0
Royalties $21,906,730
24.8%
Rental Property Income $5,763,051
6.5%
Net Fundraising $0
Sales of Assets -$35,953
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $30,064,744
35.0%
Assets/Debt
Total Assets $287,534,105
Total Liabilities $12,205,710
Net Assets $275,328,395

Document Links

Fiscal Year Ending May
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$71,128,229
Expenses
$73,478,050
Net Income
-$2,349,821
Net Assets
$273,102,663
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,431,566
6.2%
Program Services $47,598,239
66.9%
Investment Income $80,280
0.1%
Bond Proceeds $0
Royalties $14,149,507
19.9%
Rental Property Income $4,926,566
6.9%
Net Fundraising $0
Sales of Assets -$57,929
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $26,535,320
36.1%
Assets/Debt
Total Assets $282,724,935
Total Liabilities $9,622,272
Net Assets $273,102,663

Document Links

Fiscal Year Ending July
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$85,672,026
Expenses
$76,680,257
Net Income
$8,991,769
Net Assets
$442,481,603
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,152,609
4.8%
Program Services $49,993,069
58.4%
Investment Income $4,361,763
5.1%
Bond Proceeds $0
Royalties $21,924,171
25.6%
Rental Property Income $5,217,334
6.1%
Net Fundraising $0
Sales of Assets $23,080
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $26,793,131
34.9%
Assets/Debt
Total Assets $459,619,305
Total Liabilities $17,137,702
Net Assets $442,481,603

Document Links

Fiscal Year Ending July
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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