ALBERTA BIBLE COLLEGE



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ALBERTA BIBLE COLLEGE 2014/2015 ANNUAL REPORT OUR MISSION IS TO EQUIP PEOPLE FOR EFFECTIVE SERVICE AND WITNESS FOR JESUS CHRIST We are looking up! MESSAGE FROM THE ADMINISTRATIVE CABINET An adventure in Transformation HIGHLIGHTS We have good news to share about this last year successes and challenges. The College exists to receive and prepare Christian men and women, irrespective of denominational affiliation, for the express purpose of training them for Christian service and to provide an element of Christian education and culture for all walks of life. Alberta Bible College strives to be strictly non-sectarian and Christian in the highest meaning of the terms. Throughout more than 80 years of history, ABC s focus has been to equip people for ministry according to gifts and opportunities. While many students benefit from our programs without entering the many avenues of vocational ministry, we view what we do as ministry formation. 635 Northmount Drive NW Call Toll Free 1-877-542-9492 Local 403-282-2994 Calgary, Alberta T2K 3J6 Canada WWW.ABCCAMPUS.CA

The Board is pleased to communicate with you of the confidence we have about the future of ABC. A five year plan was adopted at our Annual Meeting a month ago. The reports from the students after eight College weekends and the week-long Fall Ministry Experience really encouraged and opened the ministry eyes of both the students and those who heard their reports in Chapel. How does this come about? ABC has a clear calling to equip people for service and witness to Christ. It does this through two distinct platforms of program delivery. The day program serves students by building a foundation in the first year to build ministry upon, and then equipping them for ministry in the following years. It is the backbone of the school and most of our supporting church s pastoral and lay leadership. PACE (Professional Adult Christian Education) is ABC s evening program for people over 25 who are engaged in life beyond school. The typical PACE student is 41, with a family and full-time job. Increasingly that job is congregational leadership: pastor, youth minister, Family or Christian Ed coordinator, or the like. Our four 2014 PACE grads were involved in these ways, as were 16 of 25 PACE grads in the last 5 years. Thirteen of the current 39 students also serve as leaders in congregations. In addition to the 39, are 31 students still working on their degree at a slower pace. Currently a core of 18 dedicated teachers with considerable experience in local church ministry or counseling practice provide instruction for PACE, all with Master s or doctorates. More and more students are making use of our inter-active, on-line course offerings in both the day and evening programs. We are reaching people. The search for a new president is ongoing and has reinforced that we do not want to just be a Christian College, but a Bible College. The ripple effects of lives transformed by and lived for Jesus are immense. Thank you for your continued prayers as we search for the right person for this very key role at the College. Respectfully, Rick Rehn, Board Chair OUR LEGACY OF MINISTRY Throughout more than 80 years of history, ABC s focus has been to equip people for ministry according to gifts and opportunities. Alberta Bible College has reason to be proud of its record. The ministries of many churches across Canada are served by graduates of ABC. Graduates also serve in the United States and account for cross-cultural initiatives in 21 foreign countries. A number work in para-church ministries. Many others serve Christ in numerous avenues. 70% of its degree graduates are engaged in full-time ministry and 1,128 alumni account for an influence beyond their numbers, around the world. While many students benefit from our programs without entering the many avenues of vocational ministry, we view what we do as ministry formation. Whether under our regular program. Professional Adult Christian Education or Distance Learning, living in a Christ-like way in our world is more than an intellectual curiosity and we are dedicated to helping you find your unique ministry.

MESSAGE FROM THE DIRECTORS CABINET Dr. Ron Fraser Learning Services Director and Cabinet Chair Jean Myers Administrative Services Director Corey Pytlarz Student Development Director The mission of Alberta Bible College is to equip people for service and witness for Jesus Christ. We achieve that through being a community of supporters, students, alumni, board members, faculty and staff, who long to live the adventure of sharing the love of God with our world. The adventure begins in personal transformation. Lives are being transformed through the ministry of Alberta Bible College! Martin Hosier, (BA Counselling and Ministry, 2014) recently said in a sermon, who could have imagined that God could take a carpenter, who chose carpentry because it was in the background, and turned him into someone who could stand in front of people to try to make sense of a passage like this? The life experience of students who come to ABC, is as unique as each one. Their maturity, Christian experience, needs, ethnic backgrounds, interests, gifts and abilities are kaleidoscopic. But they have a common desire: they want to know God, and they want to explore how their story might become more aligned with His. And change begins! ABC is about an adventure of sharing. But it begins in transformation. As Shannon Guygel (BA, Counseling and Ministry, 2013), ABC s new Enrollment Coordinator says I need no convincing about the importance of Alberta Bible College. I met God here. And He turned my world upside down, and set me on the path He wants me on. I am excited to be part of ABC s ministry of equipping and empowering people to listen and follow Jesus. Alberta Bible College makes a vital contribution to our world through the church of Jesus Christ. It is as vital, (from Latin vita as in necessary for life ) today as at any time in her 83 year history, for a very simple reason. Spiritual transformation is the foundation of all other transformations: familial, relational, mental and emotional, environmental, political, economic, sexual, etc. Our world needs the kind of men and women that God is transforming through ABC, those longing for an adventure like no other! Is there another hope for our world? Respectfully, Ron A. Fraser EdD Chair, Directors Cabinet

HIGHLIGHTS FISCALLY The college showed a marked turnaround in its fiscal management and completed the year within its means. We attribute our fiscal success this year to a significant reduction in operating costs and gain on investments with an outstanding year of donations provided by a remarkable and generous support base who believe in our mission. Significant gains were made throughout the year in relation to investments and bequests. Exclusive of these gains, the college was able to achieve approximately $21,000 in revenues over expenses. While we continue to have significant needs for cash flow, we thank the Lord for His provision through the offerings of these faithful servants. EDUCATIONALLY Clear directions and sound assessment have resulted in a new, graded Practical Ministries program for day students that is designed to equip through service based upon supervision, counselling, reporting and evaluation. PACE (Professional Adult Christian Education) is ABC s program for people over 25 who have considerable life experience. There is a growing engagement by students in the first full year of online PACE with a 35% increase in course enrolment in August and September this year, than the same period last year. 2013-14 saw four PACE graduates take their places in vocational ministry. STRATEGICALLY INFORMATION TECHNOLOGY SOLUTIONS THAT WORK FOR YOUR BUSINESS. This year we serve 61 full and part time students. This is comprised of 38 full time equivalents. The decreased enrolment trend in bible colleges across North America has highlighted our need to connect with our supporting constituency and re-double our efforts to reach out into the community in which we serve. In that regard we have upgraded our electronic abilities and advertising media to encourage distance learners and have engaged new emphasis on recruitment through the hiring of an Enrollment Coordinator. We are looking up! The general decline in the enrollments in Bible colleges and Seminaries HIGHLIGHTS has led us to redouble our efforts to connect with our supporting churches and potential candidates. This year we have increased our We profile have in good the community news to share through about radio this advertising last and internet exposure. We have undergone a major review of our web-site which continues to be year a primary source of contacts. PRACTICALLY successes and challenges. Upon graduation, about 90% of ABC degree recipients enter ministry vocations, graduate seminary, or other educational opportunities. Scholarship and academic excellence are important, but even more significant are dedication to the Way of Jesus Christ and serving people, within the FINANCIAL MANAGEMENT. context of gifts, abilities and opportunities.

OPERATIONS ACCREDITATION Accreditation is a process by which an institution evaluates its educational activities and seeks an independent judgment to confirm that it achieves its mission and goals and is generally equal in quality to comparable institutions. Accreditation is important for the recognition of our program offerings and graduate prerequisites for other institutions of learning. The advantage of going with this earliest possible date is not only the possibility of achieving designated status with the government earlier, (for student loans, foreign students, assistance for special needs students, eligibility for RESP s, credit transfer, etc.), but will enable us to use the current standards that our previous accreditation was granted. A consultative report from the Association of Biblical Higher Education was tabled by the Board Chair to the Board in September. It contained the positive news that re-entry to full accreditation would be a shorter (potentially 16 month) process, rather than a longer one. There is deep appreciation for the Board s excellent attention to this important aspect of our program offerings and the credibility it brings to our inter-institutional recognition and government sponsored loan programs. INSTRUCTIONAL STAFF The college maintains a roster of 3 full time and 28 adjunct academic instructors to facilitate its programs. All ABC teaching faculty live vibrant Christian faith that expresses itself in the ministry, mainly in the local church. All instructors in the professional studies areas are in local church leadership, or in the case of counseling courses, may have professional practices. With a single exception, all instructors at ABC have at least a INFORMATION TECHNOLOGY SOLUTIONS THAT WORK FOR YOUR BUSINESS. master s degree. STRUCTURE Alberta Bible College is incorporated under the laws of the Province We are of looking Alberta up! as an educational institution. Control of the policies of the College is vested in an independent Board of Trustees under the leadership of the Chairman of the Board. Administration is the responsibility of the Directors Cabinet, appointed by the Board of Trustees. The Directors HIGHLIGHTS Cabinet consists of the Student Development Director, Learning Services Director and Administrative Services Director. The Finance Committee We have good of the news Board to assists share about the Directors this last Cabinet and Board in the making of year financial decisions related to the operation and development of the College. BOARD OF TRUSTEES Jennifer Brayne, Businessperson, Lethbridge, AB Horst Buchholz, Carpenter, Clyde, AB Blair Cameron, Business Executive, Calgary, AB Jonathan Chapman, Business Executive, Calgary, AB Harold Cooper, Pastor, Lethbridge, AB Doug Dietz, IT Consultant, Okotoks, AB successes George and challenges. Graffunder, Educator, Calgary, AB Alan Jones, Pastor, Grande Prairie, AB FINANCIAL MANAGEMENT Karen Moilliet, Pastor, Vavenby, BC. Rick Rehn, Retired Fireman, Calgary, AB Lisa Stump, Homemaker, Lumby, BC Ben Simms, Business Executive, Denver, Colorado

FINANCIAL STATEMENTS* OPERATIONS 2014 2013 REVENUES $ 1,160,140 $ 857,322 EXPENSES 887,093 1,085,605 EXCESS (DEFICIENCY) $ 273,047 $ (228,283) OF REVENUE OVER EXPENSES ASSETS CURRENT 2014 2013 Cash $ 2,144 $ 658 Accounts Receivable 13,699 41,978 Inventory INFORMATION TECHNOLOGY SOLUTIONS 1,671 2,510 THAT WORK FOR YOUR BUSINESS. 17,514 45,146 INVESTMENTS 1,816,929 1,501,857 PROPERTY AND EQUIPMENT 6,768,777 6,862,840 LIFE INSURANCE POLICIES 10,917 9,724 TOTAL ASSETS $ We are looking 8,614,134 up! $ 8,419,567 HIGHLIGHTS 2014 2013 LIABILITIES We have good news to share about this last CURRENT year $ 383,939 $ 526,011 LONG TERM 202,687 139,095 successes and challenges. TOTAL LIABILITIES $ 586,626 $ 665,106 FINANCIAL MANAGEMENT * Full copies of the Audited Financial. Statements are available on request and are also available at www.abccampus.ca/financialreport