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Arkansas Baptist College

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 / Undergraduate College (4-year) (NTEE)

Donations to this organization are tax deductible.

Details

An independent audit commissioned by this organization for the fiscal year ending June 2023 identified:

Material weakness in internal controls
Audit identified a deficiency in internal financial or governance controls that could limit the organization's ability to track and report financial data reliably. The deficiency could lead to failure to prevent or correct noncompliance with requirements.

Summary charts: organization finances over time

Revenue
$13.6M (2023)

Expenses
$16.6M (2023)

Total Assets
$34M (2023)

Total Liabilities
$3.79M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits 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.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,617,540
Expenses
$16,566,257
Net Income
-$2,948,717
Net Assets
$30,207,836
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,030,910
51.6%
Program Services $5,065,733
37.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,520,897
11.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $6,380,684
38.5%
Assets/Debt
Total Assets $33,993,872
Total Liabilities $3,786,036
Net Assets $30,207,836
Compensation
Key Employees and Officers Compensation Related Other
Regina Favors (President) $177,200 $0 $0
Corey Anderson (Vice Chair) $0 $0 $0
Sarah Cannon (Trustee) $0 $0 $0
Richard Mays Sr Esq (Chair) $0 $0 $0
Alicia Ferguson Smith (Secretary) $0 $0 $0
Dr Kenneth Harris (Academic Aff) $0 $0 $0
Rev George Parks Jr (Trustee) $0 $0 $0
Steven Lee (Student Affa) $0 $0 $0
Bob Nash (Governance C) $0 $0 $0
Mike Richardson (Trustee) $0 $0 $0
Rev Monty Self (Trustee) $0 $0 $0
Bill Walker (Treasurer) $0 $0 $0
Dr Maurice Watson (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,997,116
Expenses
$12,036,844
Net Income
$1,960,272
Net Assets
$31,853,178
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,318,189
73.7%
Program Services $3,494,177
25.0%
Investment Income $7,285
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $177,465
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,278,490
43.9%
Assets/Debt
Total Assets $35,940,300
Total Liabilities $4,087,122
Net Assets $31,853,178
Compensation
Key Employees and Officers Compensation Related Other
Carlos Clark (Former Presi) $141,828 $0 $0
Corey Anderson (Vice Chair) $0 $0 $0
Sarah Cannon (Trustee) $0 $0 $0
Richard Mays Sr Esq (Chair) $0 $0 $0
Alicia Ferguson Smith (Secretary) $0 $0 $0
Dr Kenneth Harris (Academic Aff) $0 $0 $0
Rev George Parks Jr (Trustee) $0 $0 $0
Steven Lee (Student Affa) $0 $0 $0
Bob Nash (Governance C) $0 $0 $0
Mike Richardson (Trustee) $0 $0 $0
Rev Monty Self (Trustee) $0 $0 $0
Bill Walker (Treasurer) $0 $0 $0
Dr Maurice Watson (Trustee) $0 $0 $0
Dr Calvin Mcfadden (Current Pres) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,634,571
Expenses
$12,210,382
Net Income
$2,424,189
Net Assets
-$4,223,704
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,824,601
87.6%
Program Services $1,613,067
11.0%
Investment Income $12,961
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $183,942
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,047,362
33.1%
Assets/Debt
Total Assets $34,676,418
Total Liabilities $38,900,122
Net Assets -$4,223,704
Compensation
Key Employees and Officers Compensation Related Other
Corey Anderson (Vice Chair) $0 $0 $0
Sarah Cannon (Trustee) $0 $0 $0
Richard Mays Sr Esq (Trustee) $0 $0 $0
Desha Farmer (Ex Officio T) $0 $0 $0
Regina Favors (Interim Pres) $0 $0 $0
Alicia Ferguson Smith (Secretary) $0 $0 $0
Dr Kenneth Harris (Trustee) $0 $0 $0
Brenda Hill (Ex Officio T) $0 $0 $0
Rev George Parks Jr (Trustee) $0 $0 $0
Rachel Kremer (Trustee) $0 $0 $0
Steven Lee (Trustee) $0 $0 $0
Bob Nash (Trustee) $0 $0 $0
Mike Richardson (Trustee) $0 $0 $0
Emmannuel Scales (Ex Officio) $0 $0 $0
Rev Monty Self (Trustee) $0 $0 $0
Bill Walker (Treasurer) $0 $0 $0
Dr Maurice Watson (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,725,956
Expenses
$12,551,015
Net Income
$174,941
Net Assets
-$6,647,893
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,886,250
54.1%
Program Services $5,739,392
45.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $100,314
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,052,554
32.3%
Assets/Debt
Total Assets $34,299,060
Total Liabilities $40,946,953
Net Assets -$6,647,893
Compensation
Key Employees and Officers Compensation Related Other
Regina Favors (Interim Pres) $105,000 $0 $0
Corey Anderson (Vice Chair) $0 $0 $0
Sarah Cannon (Trustee) $0 $0 $0
Richard Mays Sr Esq (Trustee) $0 $0 $0
Desha Farmer (Ex Officio T) $0 $0 $0
Alicia Ferguson Smith (Secretary) $0 $0 $0
Dr Kenneth Harris (Trustee) $0 $0 $0
Brenda Hill (Ex Officio T) $0 $0 $0
Rev George Parks Jr (Trustee) $0 $0 $0
Rachel Kremer (Trustee) $0 $0 $0
Steven Lee (Trustee) $0 $0 $0
Bob Nash (Trustee) $0 $0 $0
Mike Richardson (Trustee) $0 $0 $0
Emmannuel Scales (Ex Officio) $0 $0 $0
Rev Monty Self (Trustee) $0 $0 $0
Bill Walker (Treasurer) $0 $0 $0
Dr Maurice Watson (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,821,663
Expenses
$13,902,767
Net Income
-$3,081,104
Net Assets
-$4,641,035
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,420,513
31.6%
Program Services $7,393,339
68.3%
Investment Income $7,811
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $5,126,245
36.9%
Assets/Debt
Total Assets $33,578,681
Total Liabilities $38,219,716
Net Assets -$4,641,035
Compensation
Key Employees and Officers Compensation Related Other
Dr Kenneth Harris (Chair) $0 $0 $0
Corey Anderson (Vice Chair) $0 $0 $0
Alicia Ferguson Smith (Secretary) $0 $0 $0
Bill Walker (Treasurer) $0 $0 $0
Sterlin Ingram (Trustee) $0 $0 $0
Rev C Dennis Edwards (Trustee) $0 $0 $0
Rev George Oarks Jr (Trustee) $0 $0 $0
Richard Mays Sr Esq (Trustee) $0 $0 $0
Bob Nash (Trustee) $0 $0 $0
Steven Lee (Trustee) $0 $0 $0
William Dwight Mckissic (Trustee) $0 $0 $0
Brenda Hill (Ex Officio T) $0 $0 $0
Berna Love (Ex Officia T) $0 $0 $0
Desha Farmer (Ex Officio T) $0 $0 $0
Dreamer Daniels (Ex Officio T) $0 $0 $0
Regina Favors (Interim Pres) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,828,763
Expenses
$14,819,675
Net Income
-$3,990,912
Net Assets
-$1,559,931
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,817,867
26.0%
Program Services $7,754,869
71.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $256,027
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,265,987
35.5%
Assets/Debt
Total Assets $34,076,495
Total Liabilities $35,636,426
Net Assets -$1,559,931
Compensation
Key Employees and Officers Compensation Related Other
Bob Childress (Treasurer) $0 $0 $0
Beth Gladden Coulson Esq (Past Chair) $0 $0 $0
Rev C Dennis Edwards (Trustee) $0 $0 $0
Alicia Ferguson Smith (Trustee) $0 $0 $0
Dr Kenneth Harris (Vice Chair) $0 $0 $0
Sterlin Ingram (Secretary) $0 $0 $0
Dr Leon Massey (Trustee) $0 $0 $0
Richard Mays Sr Esq (Trustee) $0 $0 $0
Bob Nash (Trustee) $0 $0 $0
Fitzgerald Hill (Chair) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,050,876
Expenses
$15,784,519
Net Income
-$1,733,643
Net Assets
$2,430,981
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,846,236
27.4%
Program Services $9,791,632
69.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $413,008
2.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $6,507,102
41.2%
Assets/Debt
Total Assets $35,619,563
Total Liabilities $33,188,582
Net Assets $2,430,981
Compensation
Key Employees and Officers Compensation Related Other
Joseph Jones (President) $152,700 $0 $0
Bob Childress (Treasurer) $0 $0 $0
Beth Gladden Coulson Esq (Past Chair) $0 $0 $0
Rev C Dennis Edwards (Trustee) $0 $0 $0
Alicia Ferguson Smith (Trustee) $0 $0 $0
Dr Kenneth Harris (Vice Chair) $0 $0 $0
Sterlin Ingram (Secretary) $0 $0 $0
Dr Leon Massey (Trustee) $0 $0 $0
Richard Mays Sr Esq (Trustee) $0 $0 $0
Bob Nash (Trustee) $0 $0 $0
Fitzgerald Hill (Chair) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,642,537
Expenses
$17,071,040
Net Income
$571,497
Net Assets
$5,499,975
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,576,417
20.3%
Program Services $13,907,056
78.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $159,064
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $7,260,659
42.5%
Assets/Debt
Total Assets $38,561,927
Total Liabilities $33,061,952
Net Assets $5,499,975
Compensation
Key Employees and Officers Compensation Related Other
Fitzgerald Hill (President) $236,355 $0 $0
Bob Childress (Treasurer) $0 $0 $0
Beth Gladden Coulson Esq (Chair) $0 $0 $0
Rev C Dennis Edwards (Trustee) $0 $0 $0
Alicia Ferguson Smith (Trustee) $0 $0 $0
Dr Kenneth Harris (Vice Chair) $0 $0 $0
Sterlin Ingram (Secretary) $0 $0 $0
Dr Leon Massey (Trustee) $0 $0 $0
Richard Mays Sr Esq (Trustee) $0 $0 $0
Bob Nash (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,191,565
Expenses
$19,341,998
Net Income
-$4,150,433
Net Assets
$4,928,478
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,359,357
22.1%
Program Services $11,269,845
74.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $562,363
3.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,075,029
Total Liabilities $34,146,551
Net Assets $4,928,478
Compensation
Key Employees and Officers Compensation Related Other
Fitzgerald Hill (President) $270,824 $0 $0
Rev C Dennis Edwards (Chairman) $0 $0 $0
Dr Kenneth Harris (Vice Chair) $0 $0 $0
Beth Gladden Coulson Esq (Trustee) $0 $0 $0
Richard Mays Sr Esq (Trustee) $0 $0 $0
Bob Nash (Trustee) $0 $0 $0
Steve Wade (Treasurer) $0 $0 $0
Sterlin Ingram (Secretary) $0 $0 $0
Chris Sultemeier (Trustee) $0 $0 $0
Regina Favors (Trustee) $0 $0 $0
Rev Logan Hampton Edd (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,740,379
Expenses
$17,025,471
Net Income
-$3,285,092
Net Assets
$9,078,910
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,531,135
25.7%
Program Services $10,002,959
72.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $206,285
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $38,442,050
Total Liabilities $29,363,140
Net Assets $9,078,910
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rev C Dennis Edwards (Chairman) $0 $0 $0
Dr Kenneth Harris (Vice Chair) $0 $0 $0
Beth Gladden Coulson Esq (Trustee) $0 $0 $0
Richard Mays Sr Esq (Trustee) $0 $0 $0
Bob Nash (Trustee) $0 $0 $0
Steve Wade (Treasurer) $0 $0 $0
Sterlin Ingram (Secretary) $0 $0 $0
Chris Sultemeier (Trustee) $0 $0 $0
Regina Favors (Trustee) $0 $0 $0
Rev Logan Hampton Edd (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,300,485
Expenses
$20,085,623
Net Income
$214,862
Net Assets
$12,364,003
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,861,794
38.7%
Program Services $12,424,325
61.2%
Investment Income $14,366
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $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 $6,665,308
33.2%
Assets/Debt
Total Assets $32,166,633
Total Liabilities $19,802,630
Net Assets $12,364,003

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,394,943
Expenses
$22,017,470
Net Income
-$622,527
Net Assets
$12,395,788
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,726,669
36.1%
Program Services $12,410,619
58.0%
Investment Income $12,647
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $874,505
4.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $370,503
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $7,278,638
33.1%
Assets/Debt
Total Assets $30,715,038
Total Liabilities $18,319,250
Net Assets $12,395,788

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,850,732
Expenses
$20,043,643
Net Income
$5,807,089
Net Assets
$13,018,315
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,045,436
54.3%
Program Services $11,784,475
45.6%
Investment Income $261
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,560
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $6,882,080
34.3%
Assets/Debt
Total Assets $28,855,819
Total Liabilities $15,837,504
Net Assets $13,018,315

Document Links

Fiscal Year Ending Dec.
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 June
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 June
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 May
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 May
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 Dec.
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 Dec.
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 May
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 May
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 May
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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