World Video Bible School
- Assets
- $2.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 17
- Location
- Maxwell, TX
- Founding
- 06/1987
- Data as of
- 12/2021
- EIN
- 74-2452538
Organization Overview
World Video Bible School is located in Maxwell, TX. The organization was established in 1987. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, World Video Bible School employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Video Bible School 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, World Video Bible School generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 3.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WORLD VIDEO BIBLE SCHOOL PRODUCES RELIGIOUS EDUCATIONAL MATERIAL ON CDS, DVDS, USB, MP3, AND INTERNET, AND THE PRINTED PAGE AND SENDS THE MATERIAL IN THE U.S. AND AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORLD VIDEO BIBLE SCHOOL PRODUCES RELIGIOUS EDUCATIONAL MATERIAL ON CDS, USB, MP3, DVD AND THE PRINTED PAGE. EACH YEAR NEW COURSES ARE RECORDED AND ADDED TO THE CATALOG AND INTERNET.
WORLD VIDEO BIBLE SCHOOL PRODUCES RELIGIOUS EDUCATIONAL MATERIAL ON CDS, USB, MP3, DVD AND THE PRINTED PAGE. EACH YEAR NEW COURSES ARE RECORDED AND ADDED TO THE CATALOG AND INTERNET. EACH YEAR NEW COURSES ARE ADDED TO ASSETS AND AMORTIZED, AND THE AMORTIZATION EXPENSE IS CONSIDERED A PROGARM EXPENSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Branyon May Treasurer | Officer | 40 | $73,660 |
Russell Haffner Trustee/ols | Trustee | 40 | $69,089 |
Mathew Cain Trustee/vide | Trustee | 40 | $67,930 |
Rudy Cain President Ce | OfficerTrustee | $0 | |
Douglas Garner Trustee | Trustee | $0 | |
John Moore Trustee | 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 | $1,090,419 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,090,419 |
| Total Program Service Revenue | $0 |
| Investment income | $1,006 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $240 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $238,639 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,330,314 |
| 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. | $210,679 |
| Compensation of current officers, directors, key employees. | $35,343 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $398,751 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $117,468 |
| Payroll taxes | $46,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $853 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50,232 |
| Office expenses | $233,600 |
| Information technology | $18,098 |
| Royalties | $3,753 |
| Occupancy | $8,313 |
| Travel | $15,020 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $184,768 |
| Insurance | $2,619 |
| All other expenses | $0 |
| Total functional expenses | $1,101,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $868,335 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,478 |
| 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 | $1,589,715 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,460,528 |
| Accounts payable and accrued expenses | $251,314 |
| 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 | $251,314 |
| Net assets without donor restrictions | $0 |
| 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 | $2,209,214 |
| Total liabilities and net assets/fund balances | $2,460,528 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that World Video Bible School has recieved totaling $187,765.
| Awarding Organization | Amount |
|---|---|
Foundation For Truth San Angelo, TX PURPOSE: FINANCIAL ASSISTANCE WITH ITS ONLINE BIBLE SCHOOL AND STAFF SUPPORT FOR 2021 | $70,000 |
Foundation For Truth San Angelo, TX PURPOSE: MATCHING GRANT TO HELP RAISE OPERATIONAL FUNDS FOR 2021 | $50,000 |
Glenn And Janice Mccoy Family Foundation Corona, CA PURPOSE: WORLD MISSIONS | $35,000 |
Foundation For Truth San Angelo, TX PURPOSE: FINANCIAL ASSISTANCE WITH ITS STAFF SUPPORT TO PRODUCE AND TRANSLATE THE AMERICAN SIGN LANGUAGE BIBLE | $30,000 |
Crown Foundation Kansas City, MO PURPOSE: RELIGIOUS EDUCATION | $1,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $965 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Legacy Missions International Dallas, TX | $14,330,799 | $19,529,503 |
East-West Ministries International Plano, TX | $8,184,642 | $19,204,558 |
Marketplace Ministries Inc Plano, TX | $5,987,779 | $19,506,765 |
Pioneer Bible Translators Dallas, TX | $22,558,672 | $19,174,102 |
Society Of St Vincent De Paul Archdiocese Of Galveston-Houston Houston, TX | $7,339,150 | $16,634,792 |
E3 Partners Ministry Plano, TX | $6,012,362 | $14,710,236 |
San Antonio Metropolitan Ministry Inc San Antonio, TX | $12,579,627 | $13,414,405 |
Sower Of Seeds International Ministries Inc Keller, TX | $3,316,148 | $10,449,598 |
Restore Hope Ministries Inc Tulsa, OK | $8,417,745 | $10,753,534 |
Les Feldick Ministries Kinta, OK | $8,711,680 | $12,215,004 |
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |