World Bible Ministries
- Assets
- $480.9k
- Revenue
- $148.1k
- Investments
- $79.3k
- Employees
- 0
- Location
- Prattville, AL
- Founding
- 04/1999
- Data as of
- 12/2022
- EIN
- 75-2738399
Organization Overview
World Bible Ministries is located in Prattville, AL. The organization was established in 1999. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Bible 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 12/2022, World Bible Ministries generated $148.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $190.4k during the year ending 12/2022. While expenses have increased by 0.6% per year over the past 8 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
WORLD BIBLE MINISTRIES SEEKS TO REFLECT THE LOVE OF GOD TO PEOPLE BY: BLESSING POOR CHILDREN PHYSICALLY, SOCIABLY AND SPIRITUALLY. PROVIDING LITERACY TRAINING FOR THE POOR. TRANSLATING AND DISTRIBUTING BIBLES WHERE NEEDED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARTHA'S HOME OF INDIA IS IMPACTING HUNDREDS OF ORPHANS, SEMI-ORPHANS, POOR AND DESTITUTE CHILDREN BY CONTRIBUTING TO THE CHILDREN'S OVERALL DEVELOPMENT THROUGH THE PROCESS OF INCULCATING CHRIST-LIKE CHARACTER, THUS MOLDING THEM TO BE HONEST, SINCERE AND RESPONSIBLE CITIZENS OF INDIA.MARTHA'S HOME OF INDIA HAS HOMES IN BANGALORE. CURRENTLY THEY TAKE CARE OF GIRLS AND BOYS BY PROVIDING THEM FOOD, EDUCATION AND SHELTER AND ABOVE ALL, HELPING THEM FIND THE LOVE OF JESUS CHRIST IN THEIR LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Plake President | OfficerTrustee | 1 | $0 |
Heather Plake Secretary & Treasurer | OfficerTrustee | 1 | $0 |
Wendell Burnam Vice President | OfficerTrustee | 1 | $0 |
Roxy Wishum Director | Trustee | 1 | $0 |
Colt Churchwell Director | Trustee | 1 | $0 |
Charles Dale Randolph Director | Trustee | 1 | $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 | $107,156 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,156 |
| Total Program Service Revenue | $0 |
| Investment income | $11,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,692 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $148,092 |
| 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 | $181,376 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,891 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $1,717 |
| Total functional expenses | $190,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,364 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $399,253 |
| Investments—other securities | $79,261 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $480,878 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $480,878 |
| 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 | $480,878 |
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