The Society For Biblical Studies Inc
- Assets
- $132.2k
- Revenue
- $316.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Arlington, MA
- Founding
- 10/1997
- Data as of
- 06/2022
- EIN
- 04-3358960
Organization Overview
The Society For Biblical Studies Inc is located in Arlington, MA. The organization was established in 1997. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Society For Biblical Studies Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Biblical Studies 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 06/2022, Society For Biblical Studies Inc generated $316.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $330.8k during the year ending 06/2022. 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
TO REFORM BIBLICAL PILGRIMAGE FROM COMERCIAL SIGHTSEEING AND TO RENEW THE MISSION OF THE CHURCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL OUR STUDY TRAVEL PROGRAMS OFFER OPPORTUNITIESTO EXAMINE THE CONTEMPORARY APPLICATION OF THE BIBLICAL FAITH, MISSION, THEORY AND EFFECTIVENESS. OUR PRIMARY MISSIONARY PARTNERS IS THE EPISCOPAL DIOCESE OF JERUSALEM, THTOUGH WHOM WE ARE ABLE TO DEVELOP MISSION EXPERIENCES IN EGYPT, ISRAEL, PALESTINE AND JORDAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
The Reverend Peter J Miano President / Executive Director | 40 | $141,359 | |
Robert Kingsley Clerk | Trustee | 0 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $316,288 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $316,298 |
| 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 | $80,412 |
| Other salaries and wages | $19,586 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,914 |
| Payroll taxes | $7,952 |
| Fees for services: Management | $1,571 |
| Fees for services: Legal | $1,586 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,700 |
| Travel | $156,360 |
| 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 | $14,075 |
| Total functional expenses | $330,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,899 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,693 |
| 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 | $1,545 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,050 |
| Total assets | $132,187 |
| Accounts payable and accrued expenses | $4,033 |
| Grants payable | $0 |
| Deferred revenue | $235,603 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $406,659 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $46,089 |
| Other liabilities | $0 |
| Total liabilities | $692,384 |
| Net assets without donor restrictions | -$560,197 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $132,187 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Society For Biblical Studies Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Theodore Albert Von Der Ahe Jr Tr Pasadena, CA PURPOSE: GENERAL SUPPORT | $3,000 |
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