After some of the employees of Emmanuel College (a Pentecostal college in Georgia) concealed financial problems from the administration, the school has been left $1.5 million in debt. Now, it turns to the entire Pentecostal denomination, begging for donations to help save it from financial disaster.

Charlie Tyson has the story at Inside Higher Ed:

Christian college, weathering unexpected $1.5 million cash shortage, prays for donations

After employees at a Christian college concealed financial problems from the institution’s president and Board of Regents, the college has turned to its affiliated church to raise enough money to survive the summer.

Emmanuel College, an 800-student institution in Franklin Springs, Ga., is the educational flagship of a relatively small Pentecostal sect, the International Pentecostal Holiness Church. In a denomination-wide appeal, the church has asked congregants to donate to the college in order to alleviate a $1.5 million shortfall — caused by misleading financial information provided by college employees — by the end of July.

The church has roughly 250,000 American members distributed across 2,000 congregations.

In a video released last month, Doug Beacham, the church’s presiding bishop, encouraged his sect’s pastors to declare a day of “prayer, fasting, and offering” in hopes of shoring up Emmanuel College’s financial stability. Beacham, like many IPHC officials, graduated from Emmanuel.

In the video, Beacham said the college was “facing its most critical financial crisis in the modern era.”