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Subject: Florida Bible Church is no friend of Florida Bible College

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Date Posted: 10/ 7/06 10:50am

Florida Bible Church is no friend of Florida Bible College!!!

Florida Bible College Alumni it is time that we STAND UNITED TOGETHER
AGAINST Florida Bible Church and all those who do
not believe in the mission of Florida Bible College. We the Alumni of
Florida Bible College can not and must not remain defeated, worthless
and useless. We must now become
proactive to secure a better future for Florida Bible College. We the
Florida Bible College Alumni sat by and did NOTHING while Florida Bible

Church acted as poor stewards of our school. Florida Bible Church
leaders and elders state that they did nothing wrong concerning how
they acted (even after former Florida Bible Church pastor Jimmy
Sheffield was allegedly caught red handed having an affair with a
Florida Bible Church Christian School teacher), when they were given
the DUTY of being good stewards of
Florida Bible College. Well let me tell you my fellow alumni that
Florida Bible Church did not act as good stewards of Florida Bible
College; that they were selfish, greedy, lazy, apathetic, uncaring, and

that they only did what they saw as best and convienient for
themselves! They did not sell the Kisimmee Campus for what they would
have sold it if it had been "their" asset to sell. The Kissimme Campus
was flipped for twice what they sold if for within one week of its
sale for over twice what Florida Bible Church sold it for !Florida
Bible Church refuses to show Florida Bible College Alumni
and those involved in the official re-start of Florida Bible College
the financial records that they have for Florida Bible College!Florida
Bible Church refuses to give a full financial accounting showing just
where all
of Florida Bible College's assets went to, but Florida Bible Church
staffer Rev. Bob Brady does admit that Florida Bible Church did take
Florida Bible College assests and use them for Florida Bible Church and

"its" Christian School. Florida Bible Church claims that Florida Bible
College still owes them $200,000.00, even to this day, but the #'s do
not add up. Current Florida Bible Church Pastor Pete Tokars said "I
think that the Kissimmee campus was sold for $900,000.00 " But in a
letter that Bob Brady sent to Florida Bible College Alumni , by Brady's

own figures Brady listed the total debt of Florida Bible College as
being under $500,000.00 i. The Kissimmee, FL FBC campus' land alone was
and is worth
today well over $2,000,000.00. Yet Pastor Tokars claims that Florida
Church sold Florida Bible College's Kissimmee Campus, with its prime
location at the corner of 17/92 and Poinciana Blvd a very desired
location for future development , for well less than half of what its
land alone was/is worth!That my friends was poor stewardship. Their #'s

do not add up. FBC was according to Brady's own #'s Less than half a
mill in debt (note Bob Brady claims that "all FBC debts , salaries ,
etc. were paid" , yet former FBC President Chad Woodburn claims that he

was never paid, and that the school still owes him aprox. $5,500.00)and

Florida Bible Church according to Pastor Tokars received $900,000.00
from the sale of the Kissimmee campus [that had land that was worth
aprox 2.5 mill] (note that Florida Bible College in 1981 paid 4.3 mill
for the
campus, and it was valued at 3.8 mill in 1995)Hmm folks ...9 minus 5
is... - $200,000.00 ???I don't think so.
Also, FBC had many other assets besides just its Kissimmee campus.
Vehicles, AV equipment, desks, a bookstore (valued at over $100,000) PA

equipment, kitchen equipment, along with its library (a member of the
FBC feasibility committee himself estimated the value of Florida Bible
Colleges' library to be $500,000.00)[more than the amt. of FBC's TOTAL
by itself, but some value FBC's library as worth less than half a mill]

So where did Florida Bible College's library go? According to Rev. Bob
Brady it went either "in the trash, to Florida Bible Church's Christian

School, or to Southeastern Bible College {Where interestingly Steve
Bils Graduated from with his M.A. in Counseling)

The Florida Bible College Alumni sat by and did nothing when Florida
Bible Church closed Florida Bible College, sold the Florida Bible
College Kissimmee, FL campus for 1/3rd of what its land alone was

It is now time for the Florida Bible College Alumni to STAND UP, BE
HEARD and to be proactive.

Dr. Michael E. Schmidt

If you are a Florida Bible College Alumni or former student or teacher
and you care about Florida Bible College please call me at:


Or send me an E-Mail at:


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Subject Author Date
Why...?Ben10/ 7/06 7:17pm
TRANSCRIPTSWilliam Vazquez (Confused)09/17/12 12:23pm

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