Ibac Corporation

Unknown organization based in Elkmont, AL.0 Exempt under §501(c)(3).

MissionProviding religious and theological training to leaders and pastors

EIN
84-3874964
State
AL
Sector
Unknown
Budget band
$250K–$500K
Latest filing
TY 2024
Records
2 officers

Financial snapshot · TY 2024

$469K
Total revenue
$446K
Total expenses
$343K
Net assets

Financial health · TY 2024

16
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
41
7.3 months of expenses
Program efficiency
0
49.5% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Jay Grooters
Vice President
$66,300
Amy Grooters
Treasurer
$8,900

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Ibac Corporation Executive Compensation | 990 Data | DoubleNine