Bibles For The World
- Assets
- $4.4m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 20
- Location
- Colorado Springs, CO
- Founding
- 12/1959
- Data as of
- 06/2022
- EIN
- 36-2434228
Organization Overview
Bibles For The World is located in Colorado Springs, CO. The organization was established in 1959. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Bibles For The World employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bibles For The World 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 06/2022, Bibles For The World generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BFTW IS A CATALYST FOR INDIVIDUAL AND CULTURAL TRANSFORMATION THROUGH CHRIST AND THE POWER OF HIS WORD!THIS MEANS SHARING THE GOOD NEWS OF GOD'S LOVE IN CHRIST JESUS BY MINISTERING TO UNREACHED PEOPLES, TO THE CHURCH AND TO CHRISTIAN LEADERS IN DEVELOPING NATIONS, WITH A STRONG EMPHASIS ON INDIA. WE DO THIS IN PARTNERSHIP WITH OUR DONORS AND OTHER MINISTRY PARTNERS BY:STRATEGICALLY DISTRIBUTING BIBLES, NEW TESTAMENTS, AND OTHER SCRIPTURE PORTIONS,RAISING UP GODLY, WELL EDUCATED CHILDREN THROUGH OUR AFFILIATED SCHOOLS BOTH IN NORTHEAST INDIA AND IN DELHI,NETWORKING AND ENCOURAGING INDIAN CHURCHES AND NATIONAL CHRISTIAN LEADERS FOR GREATER EFFECTIVENESS. EQUIPPING SUCH LEADERS THROUGH THE TRINITY COLLEGE AND SEMINARY IN MANIPUR AND THROUGH OUR NETWORKS WITH OTHER FINE EVANGELICAL SEMINARIES THROUGHOUT INDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BIBLE DISTRIBUTION PROGRAM SERVICE PROPAGATES THE WORD OF JESUS CHRIST THROUGH THE PRINTING AND DISTRIBUTION OF BIBLES THROUGHOUT THE WORLD.
PARTNERSHIP MINISTRIES SUPPORTS AND TRAINS CHURCH AND MISSIONARY WORKERS, PROVIDES MEDICAL CARE, AND PROVIDES AN EDUCATION FOR YOUNG PEOPLE PRIMARILY IN NORTHEAST INDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John L Pudaite President/ceo And Secretary | Officer | 40 | $89,914 |
Mawii Pudaite Co-Founder And Director | Officer | 40 | $40,000 |
Lawm Pudaite Director | Trustee | 40 | $31,940 |
John King Treasurer | OfficerTrustee | 2 | $0 |
Louis Pope Chairman | OfficerTrustee | 4 | $0 |
Beth Loux Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,200 |
| Related organizations | $0 |
| Government grants | $129,505 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,778,892 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,919,597 |
| Total Program Service Revenue | $0 |
| Investment income | $83,590 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,127 |
| Net Rental Income | $22,620 |
| Net Gain/Loss on Asset Sales | $1,124,558 |
| Net Income from Fundraising Events | -$5,723 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,148,269 |
| 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 | $939,874 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $172,486 |
| Compensation of current officers, directors, key employees. | $23,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $461,467 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $100,997 |
| Payroll taxes | $47,022 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $76,591 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $99,767 |
| Advertising and promotion | $44,080 |
| Office expenses | $656,786 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,238 |
| Travel | $78,571 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,600 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,547 |
| Insurance | $7,569 |
| All other expenses | -$36,598 |
| Total functional expenses | $3,011,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$47,768 |
| Savings and temporary cash investments | $347,074 |
| Pledges and grants receivable | $129,505 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,200,000 |
| Inventories for sale or use | $30,347 |
| Prepaid expenses and deferred charges | $1,500 |
| Net Land, buildings, and equipment | $1,360,286 |
| Investments—publicly traded securities | $1,158,854 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $188,039 |
| Total assets | $4,367,837 |
| Accounts payable and accrued expenses | $41,239 |
| 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 | $12,287 |
| Total liabilities | $53,526 |
| Net assets without donor restrictions | $2,771,835 |
| Net assets with donor restrictions | $1,542,476 |
| 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 | $4,367,837 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Bibles For The World has recieved totaling $118,145.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $37,330 |
Doxa Foundation Irvine, CA PURPOSE: BIBLE TEACHING | $21,000 |
Pittsburgh Childrens Foundation Inc Pittsburgh, PA PURPOSE: ANNUAL CONTRIBUTION | $20,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $19,240 |
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $10,900 |
Steer Inc Bismarck, ND PURPOSE: MISSIONARY SERVICES | $5,915 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Shepherd Lutheran Community Blair, NE | $4,394,791 | $5,136,170 |
Christian Center Of Park City Park City, UT | $13,844,095 | $7,996,060 |
Persuade The World Ministries Colorado Springs, CO | $2,527,761 | $6,071,254 |
Pilgram Rest Foundation Inc Phoenix, AZ | $14,492,011 | $6,934,589 |
Abundant Rain Ministries Inc Coweta, OK | $1,184,763 | $4,705,451 |
Reaching Souls International Inc Oklahoma City, OK | $9,096,171 | $6,014,810 |
Biblical Education By Extension Inc Colorado Springs, CO | $2,298,554 | $3,974,117 |
Crossfire Ministries Inc Colorado Springs, CO | $6,360,133 | $4,375,955 |
Nebraska Lutheran Outdoor Ministries Inc Ashland, NE | $11,165,008 | $3,788,912 |
What Matters Ministries And Missions Colorado Springs, CO | $564,276 | $3,431,281 |
Bibles For The World Colorado Springs, CO | $4,367,837 | $4,148,269 |
Vision Beyond Borders Inc Casper, WY | $1,888,675 | $2,473,457 |