What About Your Conflict of Interest Policy?

What About Your Conflict of Interest Policy?

Issue With the IRS’ new commitment to “data-driven decision making” they are likely querying all Form 990’s to ensure that institutions are reporting that they have a board-approved Conflict of Interest Policy in place. Situation Troas Bible College (TBC) is a higher...
Patriarchs?

Patriarchs?

Outlining the text correctly yet missing the point entirely It is hard to miss the obvious textual outline of Genesis 12-50. I don’t know that I have ever read a commentary that neglected to observe that the structure of this narrative revolves around the four...
Form 990: Putting Your Best Foot Forward

Form 990: Putting Your Best Foot Forward

Issue Form 990 is an annual information return required by many Christian colleges.  In too many instances, we see “shoddy” information reporting on this form which may lead potential donors – and maybe potential students – to ignore your institutions....
Domestic Production Activities Deduction

Domestic Production Activities Deduction

  Issue More and more, Christian colleges are finding themselves required to report income from unrelated business activities Form 990-T.  As these schools “apply” expenses against this income, one of the oft-overlooked deductions is the “Domestic Production...