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EIN 84-3874964

IBAC Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Elkmont
State
Alabama
Year formed
2019
Most recent tax filings
2023-12-01
NTEE code, primary
B50: Graduate, Professional Schools
Description
IBAC Corporation trains leaders and pastors in religious and theological studies with a mission to equip them for their roles. They run national teachers-training institutes where 80 pastors attend 30 hours of instruction to improve their skills and knowledge. The company is based in Elkmont, AL.
Total revenues
$363,263
2023
Total expenses
$300,185
2023
Total assets
$311,062
2023
Num. employees
0
2023

Program areas at IBAC Corporation

National Teachers-Training institute with 30 hours of instruction for each institute with an attendance of 80 pastors

Who funds IBAC Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Christian Foundation / Natl Christian Charitable FDN IncEvangelism$5,945

Personnel at IBAC Corporation

NameTitleCompensation
Jay GrootersVice President$0
James L WilsonPresident$0

Financials for IBAC Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$363,263
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$363,263

Form 990s for IBAC Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-22990View PDF
2022-122023-04-12990View PDF
Data update history
May 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $5,945 from National Christian Foundation / Natl Christian Charitable FDN Inc
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Updated personnel
Identified 4 new personnel
June 9, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Employment organizationsSchoolsCharities
Issues
Education
Characteristics
Operates internationallyState / local levelTax deductible donationsNo full-time employees
General information
Address
18659 Upper Fort Hampton Rd
Elkmont, AL 35620
Metro area
Huntsville, AL
County
Limestone County, AL
IRS details
EIN
84-3874964
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B50: Graduate, Professional Schools
NAICS code, primary
61151: Technical and Trade Schools
Parent/child status
Independent
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