Institute For The Public Understanding Of The Bible
- Assets
- $72.7k
- Revenue
- $93.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Birmingham, AL
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-5690059
Organization Overview
Institute For The Public Understanding Of The Bible, operating under the name iPUB, is located in Birmingham, AL. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. iPUB 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 12/2022, iPUB generated $93.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $96.8k during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 5 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
TO ENGAGE NON-BELIEVERS / NON-CHRISTIANS IN MEANINGFUL CONVERSATIONS ABOUT THE BIBLE AND EQUIP CHRISTIANS TO DO THE SAME THROUGH TEACHING AND THE DEVELOPMENT OF VIDEOS, A PODCAST ("THE DIVIDE") AND OTHER DIGITAL RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIGITAL RESOURCE DEVELOPMENT - DURING 2021, IPUB UPDATED AN APP RELATED TO THE "IPUB.ORG/UPPERROOM" WEBSITE FOR CHRISTIAN RESOURCES. IT ALSO CONTINUED TO POST NEW DIGITAL CONTENT, INCLUDING 11 PODCASTS OF THE DIVIDE INVOLVING CONVERSATIONS WITH SKEPTICS AND ATHEISTS, THREE VIDEOS ON THE GOSPEL OF JOHN FOR SKEPTICS AND OTHER BIBLE STUDY VIDEOS, INCLUDING 40 BIBLE WORKSHOP VIDEOS ON TITUS AND ROMANS.
TEACHING, EVENTS & LECTURES - THE EXECUTIVE DIRECTOR TAUGHT FOUR STUDIES THAT MET WEEKLY AND MONTHLY AND CONSISTED OF 10-15 PEOPLE PER STUDY. HE ALSO TAUGHT IN VARIOUS CHURCHES, INCLUDING MOUNTAIN BROOK COMMUNITY CHURCH, SAINT LUKE'S EPISCOPAL, AND CATHEDRAL CHURCH OF THE ADVENT. ALSO, IPUB PUBLISHED FULL VIDEO STUDIES ON THE BOOKS OF ROMANS AND ACTS. FINALLY, THE EXECUTIVE DIRECTOR TRAVELED TO THE AMERICAN ATHEISTS CONVENTION IN ATLANTA, GA OVER EASTER WEEKEND. THE ORGANIZERS ALLOWED HIM TO HAVE A TABLE, AND HE HAD NUMEROUS CONVERSATIONS. SEVERAL ATHEISTS AGREED TO BE INTERVIEWED ON VIDEO.
GUIDED BIBLICAL TOURS - THE EXECUTIVE DIRECTOR WAS ABLE TO LEAD A GROUP OF 15 TRAVELERS TO GREECE IN MAY OF 2022. HE ALSO BEGAN ORGANIZING A TOUR TRIP TO ISRAEL IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William E Wortman Executive Director & President Of The Board | OfficerTrustee | 40 | $56,800 |
Peter Rosborough Board Director & Secretary | Trustee | 0 | $0 |
Alton Sizemore III Board Director & Treasurer | Trustee | 1 | $0 |
John Williamson Board Director | Trustee | 0 | $0 |
Ron Durham Board Director | Trustee | 0 | $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 | $88,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,100 |
| Total Program Service Revenue | $5,548 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $93,648 |
| 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. | $64,800 |
| Compensation of current officers, directors, key employees. | $6,480 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,900 |
| Payroll taxes | $4,957 |
| Fees for services: Management | $942 |
| 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 | $4,230 |
| Advertising and promotion | $502 |
| Office expenses | $5,955 |
| Information technology | $2,729 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,323 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $202 |
| Interest | $53 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,195 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $96,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,466 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,500 |
| Accounts receivable, net | $4,404 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,343 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $72,713 |
| Accounts payable and accrued expenses | $9,560 |
| 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 | $9,560 |
| Net assets without donor restrictions | $63,153 |
| Net assets with donor restrictions | $0 |
| 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 | $72,713 |