Appalachian Bible College

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Summary

Located in Mount Hope, West Virginia, Appalachian Bible College is an independent, non-denominational and fundamental college, primarily serving with Baptist and Bible churches


Contact information

Mailing address:
Appalachian Bible College
161 College Drive
Mount Hope, WV 25880

Website: abc.edu

Phone: 304-396-7823

Email: [email protected]


Organization details

EIN: 550370901

CEO/President: Daniel Anderson

Chairman: Dr. Jerald Fisher

Board size: 19

Founder:

Ruling year: 1969

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: No

Member of ECFA since:


Purpose

The vision of Appalachian Bible College is to be a quality fundamental ministry of Biblical higher education by:

Training students through a truth-driven curriculum and transformative co-curriculum that prepares Christlike servants who are skilled in interpreting, obeying, and proclaiming God's Word for the global spread of the gospel of the Lord Jesus Christ and the strengthening of His Church.

Impacting the Church with Christ-centered ministries, which challenge people through God's Word to wholly follow Christ.


Mission statement

Appalachian Bible College exists by God's grace and for His glory to educate and equip servants for the Church of tomorrow while edifying the Church of today.


Statement of faith

Concerning God
We believe in one Triune God, eternally existing in three persons-Father, Son, and Holy Spirit-co-eternal in being, co-identical in nature, co-equal in power and glory and having the same attributes and perfections.

Concerning Scripture
We believe the Holy Scriptures of the Old and New Testaments to be the verbally inspired Word of God, wholly inerrant in the original writing, infallible and God-breathed, the final authority for faith and life.

Concerning Creation
We believe that the first eleven chapters of Genesis are the literal history of the early Earth1. We believe that this material universe is the result of a sequence of unique creative acts of God the Son, accomplished with the aid of God the Holy Spirit and directed by God the Father. We believe these creative acts were ex nihilo, completed by the mere spoken commands of God. We further believe that these creative acts were accomplished in six literal twenty-four hour days. Therefore we hold to a young earth view supported by the genealogies and other time information provided in the Word of God. We also believe that the material universe was created in total perfection but subsequently was sentenced to a slow decay and eventual destruction by the Curse (binding), which was part of the penalty for the disobedience of the Parents of all mankind, Adam and Eve, whom we view as real, literal people, created on the sixth day of Creation. We reject all concepts of a pre-Adamic race. We believe that the biblical Noahic Flood was a real, year-long global event, the result of the judgment of God on the hopelessly rebellious descendants of Adam and Eve, and resulted in much of the present geology of the Earth, including most of the fossil graveyards of myriads of plants and animals then living. We believe that only eight human souls, Noah and his family, survived the Flood and that all mankind now living are descended from this family, dispersed over the face of the Earth by the confusion of tongues described in Genesis. We believe God created mankind in His image into two distinct and unchangeable biological sexes: male and female. Since God created mankind distinctly male and female10, we believe that the only legitimate marriage is that between one biological man and one biological woman.
We believe that God created only one race-the human race. As such, we believe that all people have equal significance and value, and are treated equally both in God's eyes and, therefore, in the eyes of the College.

Concerning Christ & His Work
We believe that the Lord Jesus Christ, the eternal Son of God, became man, without ceasing to be God, having been conceived by the Holy Spirit and born of the virgin Mary, in order that He might reveal God and redeem sinful men. We believe that the Lord Jesus Christ accomplished our redemption through His death on the cross as a representative, substitutionary sacrifice in providing an unlimited atonement for the sins of the whole world; and that our justification is made sure by His literal, physical resurrection from the dead. We believe that the Lord Jesus Christ ascended to heaven and is now exalted at the right hand of God where, as our High Priest, He fulfills the ministry of Representative, Intercessor, and Advocate.

Concerning Man, Sin, & Salvation
We believe that man was created in the image and likeness of God, but that in Adam's sin the race fell, inherited a sinful nature, and became alienated from God, and that man is totally depraved, in that every part of his being has been affected by sin. He is unable to remedy his lost condition. We believe that salvation is the gift of God brought to man by grace and received by personal faith in the Lord Jesus Christ, whose precious blood was shed on Calvary for the forgiveness of our sins. The Christian has two natures, one carnal and one spiritual, which become a source of spiritual conflict. While his position is perfect in Christ, the believer's present condition is no more perfect than his daily experience. He is called upon to live a separated life and can have a spiritually mature experience in which he will evidence the fruits of righteousness through the new nature, the Holy Spirit's control and the assimilation of God's Word. We believe that all the redeemed, once saved, are kept by God's power and are thus secure in Christ forever. We believe it is the privilege of believers to rejoice in the assurance of their salvation through the testimony of God's Word; which, however, clearly forbids the use of Christian liberty as an occasion to the flesh.

Concerning the Spiritual Gifts
We believe that God gives spiritual enabling gifts for service to all believers1. We believe that the apostolic age of signs and the gifts of healing and tongues ceased with the ministry of the apostles chosen personally by Christ and with the completion of the written Word of God. We believe that speaking in tongues was never the common or necessary sign of the baptism nor of the filling of the Spirit. The gifts which remain are sufficient for the ministry and the perfecting of the Church today. We believe that God does hear and answer the prayer of faith, according to His will, for the sick and afflicted

Concerning Evangelism
We believe that it is the obligation of the saved to witness by life and by word to the truths of Holy Scripture and to seek to proclaim the gospel to all mankind

Concerning Eternal Life & Judgment
We believe in the bodily resurrection of all men, the saved to eternal life, and the unsaved to judgment and everlasting punishment.

Concerning Christ's Return
We believe, according to Scripture, in the pre-millennial return of the Lord Jesus Christ; that this second coming will be a literal, bodily, personal appearance to the earth; that His coming for His Bride, the Church, precedes the Tribulation and constitutes the "Blessed Hope" set before us, for which we should be constantly looking.

Biblical Ministry
Appalachian Bible College operates under the auspices of Appalachian Bible Fellowship, an independent faith mission. Therefore, the College and its missionary staff function in submission to, and support of, like-minded local churches in their fulfillment of Christ's mission for His Church.

Biblical Hermeneutics
Appalachian Bible College affirms a literal, grammatical, historical interpretation of both the Old and New Testaments. We follow a theological method that honors the progress of revelation, not allowing the NT to reinterpret OT promises to Israel. We further affirm a dispensational theology, which recognizes the distinction between Israel and the Church and the doxological purpose of biblical history.

Biblical Separation
Appalachian Bible College stands uncompromisingly for the historic Christian faith, as expressed in its Doctrinal Statement, and avoids official cooperation with churches and religious organizations which are members of apostate bodies (e.g., National Council of Churches).
Appalachian Bible College rejects expressions of evangelicalism that show a lack of clarity regarding the inspiration and inerrancy of Scripture, a compromise with modern secular scientific thought, and a theologically accepting attitude toward Pentecostalism, the Charismatic movement, and theological liberalism. Such evangelicalism demonstrates a disregard for both personal and ecclesiastical separation. Eschatologically, it is indecisive, permitting a wide range of positions while disparaging dispensational pretribulationism.

Donor confidence score

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Transparency grade

D

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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating278 of 111329 of 130
Fund acquisition rating86 of 111413 of 130
Resource allocation rating731 of 111486 of 130
Asset utilization rating394 of 111347 of 130

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%5%3%3%5%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%1%1%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
20%37%40%44%36%30%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%2%1%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
80%63%60%56%64%70%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%80%81%80%78%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%88%94%79%96%102%
Program output ratio Program output ratio =
Program services /
Total revenue
79%71%76%64%75%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%12%6%21%4%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%12%6%24%6%-3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%18%18%18%20%21%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.570.600.520.540.57
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.705.036.227.0110.5417.34
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.452.883.763.655.709.92
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.084.894.003.781.120.59
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.200.250.260.891.69
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.223.312.402.420.22-0.83
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
25%35%40%43%59%61%
Debt ratio Debt ratio =
Debt /
Total assets
11%31%36%39%50%51%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
148%113%99%109%77%68%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$374,466$516,561$532,329$745,232$314,017
Receivables, inventories, prepaids$192,157$289,192$660,310$377,907$349,005
Short-term investments$1,936,501$1,140,108$536,916$0$24,563
Other current assets$0$0$0$0$0
Total current assets$2,503,124$1,945,861$1,729,555$1,123,139$687,585
Long-term investments$0$0$0$0$0
Fixed assets$9,698,045$9,763,027$9,930,139$10,304,091$10,786,424
Other long-term assets$389,743$400,068$472,433$414,205$445,813
Total long-term assets$10,087,788$10,163,095$10,402,572$10,718,296$11,232,237
Total assets$12,590,912$12,108,956$12,132,127$11,841,435$11,919,822
 
Liabilities20232022202120202019
Payables and accrued expenses$314,386$269,889$188,532$823,633$1,006,647
Other current liabilities$197,373$216,912$269,549$179,839$154,380
Total current liabilities$511,759$486,801$458,081$1,003,472$1,161,027
Debt$3,855,223$4,309,949$4,753,149$5,866,506$6,077,893
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$43,277$45,934$47,550$60,176$62,411
Total long-term liabilities$3,898,500$4,355,883$4,800,699$5,926,682$6,140,304
Total liabilities$4,410,259$4,842,684$5,258,780$6,930,154$7,301,331
 
Net assets20232022202120202019
Without donor restrictions$5,446,173$4,592,495$4,085,999$2,240,759$2,100,280
With donor restrictions$2,734,480$2,673,777$2,787,348$2,670,522$2,518,211
Net assets$8,180,653$7,266,272$6,873,347$4,911,281$4,618,491
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$3,038,961$3,131,251$3,511,167$2,394,846$2,032,008
Program service revenue$4,986,757$4,399,930$3,991,004$4,214,524$4,625,686
Membership dues$0$0$0$0$0
Investment income$49,143$21,804($45,789)$495$431
Other revenue$104,070$205,531$489,694$76,974$40,712
Total other revenue$5,139,970$4,627,265$4,434,909$4,291,993$4,666,829
Total revenue$8,178,931$7,758,516$7,946,076$6,686,839$6,698,837
 
Expenses20232022202120202019
Program services$5,786,047$5,924,713$5,048,648$5,010,348$5,268,650
Management and general$1,285,414$1,302,533$1,143,043$1,282,752$1,438,278
Fundraising$148,895$81,869$117,745$108,841$115,618
Total expenses$7,220,356$7,309,115$6,309,436$6,401,941$6,822,546
 
Change in net assets20232022202120202019
Surplus (deficit)$958,575$449,401$1,636,640$284,898($123,709)
Other changes in net assets$0$0$0$0$0
Total change in net assets$958,575$449,401$1,636,640$284,898($123,709)

Compensation

NameTitleCompensation
Dr Daniel AndersonPresident$110,052
Michael RoweCFO/Treasurer, VP of Business$79,332
Caleb FrinkSecretary$57,350

Compensation data as of: 5/31/2023


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. To update the information below, please email: [email protected]


History

1950: Appalachian Bible Institute was founded in September, 1950 at the Independent Baptist Church in Pettus, West Virginia, by Rev. & Mrs. Lester Pipkin (from Minnesota) and Pastor & Mrs. Robert Guelich (from Pettus). The school started as a Bible training institute for the youth of the Appalachian Mountains.

1955: Organized as a faith mission under the auspices of Appalachian Bible Fellowship, ABI identified itself with the National Home Missions Fellowship, an organization of independent, fundamental mission agencies, which is today known as the Fellowship of Missions.

1965: The school moved to a 95-acre tract of land near Beckley, West Virginia. This was considered a special act of God, since the land was retained without indebtedness.

1960s: The Kennedy Presidential Campaign brought positive changes to the area, which helped place the school on the map. This was a decade of tremendous expansion as a school to train servants for God's service, summer camps for children and Bible conferences for adults were all put into place.

1967: ABI became an associate member of the Accrediting Association of Bible Colleges, which is today known as The Association for Biblical Higher Education.

1968: The Board of Education of the State of West Virginia approved the granting of the Bachelor of Theology (Th.B.) degree.

1978: The school changed its name to Appalachian Bible College, a more accurate reflection of the expanded curriculum and academic programs. State College and University System of West Virginia authorized the awarding of the Bachelor of Arts (B.A.) degree in Bible & Theology. Appalachian Bible College becomes West Virginia's first and only Bible College approved by the State.

1983: Founder and first President Dr. Lester Pipkin retired after 33 years, and Dr. Daniel Anderson became President of Appalachian Bible College.

2000: The college received accreditation status with The Higher Learning Commission.

2003: The Elementary Education program was granted Approved Program Status by the West Virginia Department of Education.

2015: MOBC begun in West Virginia prison. Find out more about Mount Olive Bible College.


Program accomplishments


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