Bible Living Ministries
- Assets
- $22.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 07/1980
- Data as of
- 12/2023
- EIN
- 71-0522672
Organization Overview
Bible Living Ministries is located in Rapid City, SD. The organization was established in 1980. 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 Living Ministries 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 Living Ministries generated $32.0k 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 (8.7%) each year. All expenses for the organization totaled $36.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 9 years. 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
TO SPREAD THE GOSPEL TO PEOPLE IN ASIA BUT MAINLY IN INDIA AND NEPAL. OVERLOOK AND EQUIP PASTORS FOR TEACHING SEMINARS AND CLASSES TO HUNDREDS OF INDIAN AND NEPALESE CHRISTIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray S Phipps President | 10 | $0 | |
Denise Bender Vice President | 1 | $0 | |
Roger Bender Secretary | 1 | $0 | |
Dan Crow Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,736 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $242 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,978 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $33,000 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $213 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $518 |
| Other expenses | $2,270 |
| Total expenses | $36,001 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,174 |
| Other assets | $0 |
| Total assets | $22,174 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,174 |