Bible Study Ministries Inc is located in Delmar, DE. The organization was established in 1975. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Bible Study Ministries 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 12/2023, Bible Study Ministries Inc generated $35.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $43.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CONDUCTED 3 CONFERENCES IN VARIOUS LOCATIONS THROUGHOUT THE UNITED STATES OF AMERICA. TOTAL ATTENDANCE AT THESE EVENTS APPROXIMATED 350 INDIVIDUALS. ADDITIONALLY, HELD APPROXIMATELY 30 BIBLE TEACHING CLASSES AT A LOCAL VENUE DURING 2023. DISTRIBUTED TEACHING MATERIALS (AUDIO AND VISUAL)AS REQUESTED VIA U.S. MAIL. MAINTAINED WEB SITE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward P Miller President | 30 | $0 | |
Thomas P Wontrop Vice Preside | 5 | $0 | |
Lillian R Miller Secretary/tr | 3 | $0 | |
Robert Scheihing Director | 2 | $0 | |
Darlene Wontrop Director | 2 | $0 | |
Steven E Miller Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,300 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $81 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,381 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,000 |
| Professional fees and other payments to independent contractors | $3,475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $63 |
| Other expenses | $3,829 |
| Total expenses | $43,367 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,473 |
| Other assets | $0 |
| Total assets | $91,473 |
| Total liabilities | $459 |
| Net assets or fund balances | $91,014 |