Montrose Bible Conference Association
- Assets
- $1.8m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 16
- Location
- Montrose, PA
- Founding
- 12/1970
- Data as of
- 12/2021
- EIN
- 23-7088806
Organization Overview
Montrose Bible Conference Association is located in Montrose, PA. The organization was established in 1970. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Montrose Bible Conference Association employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montrose Bible Conference Association 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 12/2021, Montrose Bible Conference Association generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $508.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING PROGRAMS & FACILITIES FOR RELIGIOUS RETREATS AND YOUTH CAMPS.
Describe the Organization's Program Activity:
THE MONTROSE BIBLE CONFERENCE PROVIDES HOUSING & MEALS TO YOUTHS & ADULTS FOR RELIGIOUS RETREATS, BIBLE STUDIES & OTHER NON-DENOMINATIONAL CHRISTIAN ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Fahringer Executive Director | Trustee | 40 | $65,111 |
Bill Cline President | OfficerTrustee | 2 | $0 |
Gary Russell Treasurer | OfficerTrustee | 2 | $0 |
Marian Small Secretary | OfficerTrustee | 5 | $0 |
Gary Watson Vice President | OfficerTrustee | 2 | $0 |
Charles Scott Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $124,492 |
| All other contributions, gifts, grants, and similar amounts not included above | $707,286 |
| Noncash contributions included in lines 1a–1f | $296,914 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $831,778 |
| Total Program Service Revenue | $231,948 |
| Investment income | $1,227 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $30,668 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,388 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,189,375 |
| 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. | $65,111 |
| Compensation of current officers, directors, key employees. | $55,344 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,243 |
| Pension plan accruals and contributions | $5,443 |
| Other employee benefits | $44,204 |
| Payroll taxes | $15,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,857 |
| Advertising and promotion | $1,981 |
| Office expenses | $5,114 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $65,784 |
| Travel | $9,468 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $418 |
| Interest | $4,473 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,375 |
| Insurance | $19,373 |
| All other expenses | $12,285 |
| Total functional expenses | $508,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $357,160 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,391 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,494 |
| Prepaid expenses and deferred charges | $2,583 |
| Net Land, buildings, and equipment | $1,090,761 |
| Investments—publicly traded securities | $227,815 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,761,204 |
| Accounts payable and accrued expenses | $20,841 |
| Grants payable | $0 |
| Deferred revenue | $26,059 |
| 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 | $41,383 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,516 |
| Total liabilities | $90,799 |
| Net assets without donor restrictions | $1,486,261 |
| Net assets with donor restrictions | $184,144 |
| 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 | $1,761,204 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Montrose Bible Conference Association has recieved totaling $32.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Endowment Analysis
| Beg. Balance | $44,032 |
| Earnings | $2,896 |
| Ending Balance | $46,928 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jericho Road Ministries Buffalo, NY | $18,205,160 | $33,426,407 |
Lutheran Metropolitan Ministry Cleveland, OH | $18,738,675 | $17,759,604 |
Allegheny Christian Ministries Inc Davidsville, PA | $38,200,774 | $15,292,009 |
Interfaith Works Inc Rockville, MD | $3,434,731 | $16,207,843 |
Diakon Topton, PA | $25,282,356 | $12,688,159 |
Shalom Ministries International Inc Dublin, OH | $25,383,102 | $20,342,961 |
Gateways Organization Inc Monsey, NY | $26,241,298 | $11,762,904 |
Disciplemakers Inc State College, PA | $2,971,948 | $5,867,999 |
Cleveland Christian Home Inc Cleveland, OH | $9,204,950 | $4,752,818 |
St Luke Lutheran Community Portage Lakes North Canton, OH | $4,808,544 | $3,061,019 |
Reaching Above Hopelessness And Brokenness Ministries Inc Canton, OH | $2,291,437 | $3,403,692 |
Lutheran Church In America Lutheran Social Services Of Northwestern Oh Toledo, OH | $5,710,992 | $3,245,604 |