God's Bible School & College

The information on this page was last updated 2/17/2023. If you see errors or omissions, please email: [email protected]


Summary

To fulfill our mission we are committed to meeting the following goals:

Provide a basis for Christian faith and life by means of classroom instruction, worship services, fellowship, and Christian role models that will aid students in developing a distinct and satisfying Christian lifestyle.

Provide programs to prepare students to fill positions of Christian leadership in their respective ministries.

Provide programs to prepare Christian laypersons to fill supporting roles in the local church. Provide programs to prepare students to fill positions in business and office settings, especially Christian business enterprises.

Provide assistance to churches, Christian schools, conventions, and camp meetings by means of various programs and personnel that aid them in fulfilling their mission.

Promote the principles of Wesleyan-Arminian theology, which the institution holds as its interpretation of Biblical theology and, therefore, a heritage which must be accurately communicated from generation to generation.


Contact information

Mailing address:
God's Bible School & College
1810 Young Street
Cincinatti, OH 45202

Website: gbs.edu

Phone: 513-721-7944

Email: [email protected]


Organization details

EIN: 310544271

CEO/President: Rev. Rodney Loper, PhD

Chairman: Robert England

Board size: 15

Founder: Martin Wells Knapp

Ruling year: 1991

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2005


Purpose

To develop a spiritually vibrant institution that is academically excellent, growth oriented, student centered, and financially sound.

Our Vision Statement contains these fives phrases explained below.

Spiritually Vibrant
Our graduates will be characterized as people with a passion for God and His holiness. They will be solidly grounded in Wesleyan theology. These dynamics will produce in them a radical commitment to holy living which includes a careful lifestyle and an evident zeal for proclaiming the good news of the Gospel in contemporary culture.

Academically Excellent
We will foster a love for learning that flows from our passion to serve well both our Lord and all for whom He died. This intensity will give energy and focus to academic work, creating a dynamic community of learners and producing well-prepared servant leaders for the kingdom of God.

Growth Oriented
As good stewards of the trust that is ours, we will never be placated by past or present accomplishments. Rather, with hearts thankful for God's blessings we will earnestly pursue increasing excellence in the spiritual, academic and business life of the institution.

Student Centered
Our administration, faculty and staff deeply value our students as children and servants of God. We hold the nurture of Christian leaders as a trust from God.

As a part of this commitment, the administration values the faculty and staff as the college's most valuable resource for serving the students, whose nurture is the purpose of our existence. They will seek policy that strengthens them spiritually, professionally and personally, so that they can, in turn, serve the students well.

We will create within this Christian community an atmosphere of mutual respect and confidence, holding each other accountable to the high calling of Christ, and promoting each other's spiritual, academic, social, and material well-being.

Financially Sound
We will pursue financial policies that ensure dynamic growth, ensuring the continued development of the college for the work and purposes of God.


Mission statement

We glorify God and serve His Church by providing higher education centered in Holy Scripture and shaped by Wesleyan conviction. This allows us to prepare faithful servants who proclaim Jesus Christ and spread scriptural holiness throughout the world.


Statement of faith

The Statement of Faith does not exhaust the extent of our faith. The Bible itself is the sole and final source of all that we believe.

We do believe, however, that our Statement of Faith accurately represents the teaching of the Bible and, therefore, is binding upon all Board Trustees, officers, employees, and activities of the Corporation.

All literature used as authoritative in the Ministry shall be in complete agreement with the Statement of Faith.

For the full statement, visit: https://www.gbs.edu/about-us/what-we-believe/doctrinal-statement/

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating760 of 109484 of 126
Fund acquisition rating964 of 1097118 of 126
Resource allocation rating612 of 109768 of 126
Asset utilization rating425 of 109438 of 126

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%18%20%23%27%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%6%7%7%8%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
15%34%32%32%29%38%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%7%7%7%7%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
85%66%68%68%71%62%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%83%83%82%81%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%89%90%99%104%95%
Program output ratio Program output ratio =
Program services /
Total revenue
79%74%74%82%84%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%11%10%1%-4%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%9%9%0%-3%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%10%10%10%12%11%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.500.620.680.680.720.69
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.672.672.842.192.342.31
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.551.651.931.491.691.60
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.3011.957.859.7710.3111.61
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.140.080.130.100.100.09
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.286.655.427.216.436.85
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
25%12%9%10%8%8%
Debt ratio Debt ratio =
Debt /
Total assets
15%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%141%134%133%127%132%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,122,394$537,352$785,207$745,509$1,033,477
Receivables, inventories, prepaids$824,528$361,541$226,790$186,435$230,682
Short-term investments$1,118,523$1,662,185$2,038,896$1,858,904$1,624,101
Other current assets$0$0$0$0$0
Total current assets$3,065,445$2,561,078$3,050,893$2,790,848$2,888,260
Long-term investments$1,132,254$517,220$57,377$51,679$58,986
Fixed assets$3,977,111$4,185,572$3,584,818$3,678,785$3,733,456
Other long-term assets$0$0$0$0$0
Total long-term assets$5,109,365$4,702,792$3,642,195$3,730,464$3,792,442
Total assets$8,174,810$7,263,870$6,693,088$6,521,312$6,680,702
 
Liabilities20202019201820172016
Payables and accrued expenses$205,160$170,173$156,468$117,885$121,472
Other current liabilities$51,386$155,965$155,719$152,893$127,402
Total current liabilities$256,546$326,138$312,187$270,778$248,874
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$750,609$293,738$335,833$271,820$305,638
Total long-term liabilities$750,609$293,738$335,833$271,820$305,638
Total liabilities$1,007,155$619,876$648,020$542,598$554,512
 
Net assets20202019201820172016
Without donor restrictions$4,839,743$4,436,612$3,889,192$4,030,668$4,384,698
With donor restrictions$2,327,912$2,207,382$2,155,876$1,948,046$1,741,492
Net assets$7,167,655$6,643,994$6,045,068$5,978,714$6,126,190
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$1,965,155$1,796,436$1,466,364$1,292,948$1,858,976
Program service revenue$3,183,533$3,146,178$2,797,827$2,791,732$2,617,692
Membership dues$0$0$0$0$0
Investment income$217,066$287,734$106,420$138,340$52,181
Other revenue$334,123$297,768$216,123$280,298$350,288
Total other revenue$3,734,722$3,731,680$3,120,370$3,210,370$3,020,161
Total revenue$5,699,877$5,528,116$4,586,734$4,503,318$4,879,137
 
Expenses20202019201820172016
Program services$4,208,014$4,096,460$3,752,389$3,790,398$3,769,455
Management and general$501,690$491,253$470,688$562,979$508,071
Fundraising$356,705$361,804$335,423$351,540$348,924
Total expenses$5,066,409$4,949,517$4,558,500$4,704,917$4,626,450
 
Change in net assets20202019201820172016
Surplus (deficit)$633,468$578,599$28,234($201,599)$252,687
Other changes in net assets$0$0$0$0$0
Total change in net assets$633,468$578,599$28,234($201,599)$252,687

Compensation

NameTitleCompensation
Rev Rodney LoperPresident$58,753
David FrederickDirector of Finance$33,371

Compensation data as of: 6/30/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/17/2023. To update the information below, please email: [email protected]


History

For a timeline, visit: https://www.gbs.edu/about-us/our-story/


Program accomplishments


Needs