Bible Mission Of Southwest Virginia
- Assets
- $705.9k
- Revenue
- $233.7k
- Investments
- $260.0k
- Employees
- 8
- Location
- Wise, VA
- Founding
- 02/1976
- Data as of
- 12/2021
- EIN
- 51-0181886
Organization Overview
Bible Mission Of Southwest Virginia is located in Wise, VA. The organization was established in 1976. 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, Bible Mission Of Southwest Virginia employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bible Mission Of Southwest Virginia 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, Bible Mission Of Southwest Virginia generated $233.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $312.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHURCH CAMPS AND RELATED PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHURCH CAMPS, RETREATS, SUMMER PROGRAMS WITH EDUCATION IN THE BIBLE AND CHRISTIAN PRINCIPLES, DAY CARE, CRISIS PREGNANCY CENTER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Kerr Chairman | OfficerTrustee | $0 | |
Teresa Collier Secretary | OfficerTrustee | $0 | |
Dee Stanley Treasurer | OfficerTrustee | $0 | |
Jeff Rolen Executive Di | Officer | $0 | |
Fred Wright Director | Trustee | $0 | |
Abe Rutherford Director | Trustee | $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 | $124,156 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,156 |
| Total Program Service Revenue | $72,846 |
| Investment income | $29,204 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,630 |
| Net Income from Fundraising Events | $100 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,739 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $233,675 |
| 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 | $69,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,660 |
| Payroll taxes | $5,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $188 |
| Office expenses | $8,428 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,323 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $335 |
| Interest | $7,604 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,075 |
| Insurance | $23,783 |
| All other expenses | $7,159 |
| Total functional expenses | $312,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,256 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $509 |
| 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 | $424,128 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $259,970 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $705,863 |
| Accounts payable and accrued expenses | $80,136 |
| 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 | $165,433 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $245,569 |
| Net assets without donor restrictions | $226,240 |
| Net assets with donor restrictions | $234,054 |
| 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 | $705,863 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bible Mission Of Southwest Virginia has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
Cliff & Norma Wells Foundation Buchanan, VA PURPOSE: GRANT MADE FOR GENERAL SUPPORT. | $0 |
Endowment Analysis
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