Philadelphia Bible Society Inc
- Assets
- $222.6k
- Revenue
- $25.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Conshohocken, PA
- Founding
- 07/1979
- Data as of
- 12/2020
- EIN
- 23-1384938
Organization Overview
Philadelphia Bible Society Inc is located in Conshohocken, PA. The organization was established in 1979. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2020, Philadelphia Bible Society Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Bible Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Philadelphia Bible Society Inc generated $25.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $95.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE FREE DISTRIBUTION OF THE SCRIPTURES WITHIN A SIXTY-MILE RADIUS OF THE CITY OF PHILADELPHIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COSTS INCURRED TO PURCHASE ( OR PRINT ) AND DISTRIBUTE BIBLICAL SCRIPTURES CHIEFLY IN HOSPITALS AND AT OPEN CRUSADES AND FOR GENERAL OUTREACH IN THE CITY OF PHILADELPHIA AND SURROUNDING AREAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Bradley Lacey President | OfficerTrustee | 1 | $0 |
John L Barkley Jr Vice President | OfficerTrustee | 0.13 | $0 |
Richard Delecce Treasurer | OfficerTrustee | 0.54 | $0 |
Doris Price Secretary | OfficerTrustee | 0.2 | $0 |
John P Price Vice-President | OfficerTrustee | 0.2 | $0 |
Velda Bray Board Member | Trustee | 0.08 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,805 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,805 |
| Total Program Service Revenue | $0 |
| Investment income | $4,970 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,690 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,465 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,026 |
| Pension plan accruals and contributions | $1,482 |
| Other employee benefits | $1,962 |
| Payroll taxes | $5,472 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,776 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,761 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $189 |
| Insurance | $1,007 |
| All other expenses | $0 |
| Total functional expenses | $95,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,180 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,998 |
| Prepaid expenses and deferred charges | $29,472 |
| Net Land, buildings, and equipment | $757 |
| Investments—publicly traded securities | $174,143 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $222,550 |
| Accounts payable and accrued expenses | $2,977 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,977 |
| Net assets without donor restrictions | $217,837 |
| Net assets with donor restrictions | $1,736 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $222,550 |
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