Texas International Bible Institute
- Assets
- $1.1m
- Revenue
- $472.3k
- Investments
- $0.0
- Employees
- 2
- Location
- South Houston, TX
- Founding
- 08/2005
- Data as of
- 12/2021
- EIN
- 27-0073061
Organization Overview
Texas International Bible Institute is located in South Houston, TX. The organization was established in 2005. 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, Texas International Bible Institute employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas International Bible Institute 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, Texas International Bible Institute generated $472.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $429.7k during the year ending 12/2021. While expenses have increased by 5.3% 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
THE INSTITUTE TRAINS SPANISH-SPEAKING PEOPLE TO PLANT AND NURTURE MULTIPLYING CHURCHES OF BELIEVERS OF THE GOSPEL OF JESUS CHRIST BY PROVIDING A 46-COURSE CURRICULUM OF BIBLE LANGUAGES HISTORY AND PASTORAL INSTRUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE TRAINS MINISTERS OF THE GOSPEL OF JESUS CHRIST TO PLANT CHURCHES IN SPANISH-SPEAKING COMMUNITIES IN THE UNITED STATES AND CENTRAL SOUTH AMERICA. THE INSTITUTE IS INSTRUCTING APPROXIMATELY 68 STUDENTS IN 7 COUNTRIES VIA INTERACTIVE REAL-TIME VIDEO-CONFERENCED CLASSROOMS OVER THE INTERNET. THE PROGRAM HAS GRADUATED 135 STUDENTS PLANTED 64 NEW CHURCHES AND CONTRIBUTED TO OVER 4,900 BAPTISMS.
THE INSTITUTE OFFERS ONLINE STREAMING VIDEO VERSIONS OF ITS COURSES WHICH CAN QUALIFY FOR THE SAME COURSE CREDIT AS ITS LIVE CLASSES. THIS PROGRAM SERVES A "CORRESPONDENCE COURSE" FUNCTION FOR THE INSTITUTE'S CURRICULUM ALLOWING ANYONE WITH INTERNET ACCESS TO TAKE THE INSTITUTE'S COURSES. THIS PROGRAM CURRENTLY HAS 41 COURSES AVAILABLE ONLINE AND IS SERVING JUST OVER 1,000 STUDENTS IN MORE THAN 76 COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Montgomery Asst Managing Director | Officer | 40 | $43,695 |
Stephen Austin Managing Director | Officer | 40 | $35,400 |
Greg Lemon Director | Trustee | 0 | $0 |
Gustavo Villanueva Director | Trustee | 0 | $0 |
Lewis Norman Director | Trustee | 0 | $0 |
Randy King Director | 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 | $426,741 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $426,741 |
| Total Program Service Revenue | $3,185 |
| Investment income | $42,329 |
| 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 | $472,255 |
| 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 | $132,872 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $146,695 |
| Compensation of current officers, directors, key employees. | $47,676 |
| 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 | $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 | $4,078 |
| Information technology | $10,809 |
| Royalties | $0 |
| Occupancy | $3,913 |
| Travel | $2,058 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,539 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $8,348 |
| Total functional expenses | $429,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,011 |
| Savings and temporary cash investments | $91,622 |
| 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 | $22,536 |
| Investments—publicly traded securities | $974,809 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,144,978 |
| 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 | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,144,978 |
| Total liabilities and net assets/fund balances | $1,144,978 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Texas International Bible Institute has recieved totaling $10,050.
| Awarding Organization | Amount |
|---|---|
Chatlos Foundation Inc New York, NY PURPOSE: TO COVER THE ZOOM VIDEO CONFERENCING NEEDS INCLUDING LICENSES AND CLOUD STORAGE FOR ONE YEAR TO TAKE COURSES DIRECTLY TO STUDENTS LIVING ROOMS AND CHURCHES | $5,000 |
Halbert Harmon Foundation Inc Colleyville, TX PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Center Of Santa Ana Inc Fort Worth, TX | $220,989,355 | $120,975,345 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Apartment Life Inc Bedford, TX | $5,807,926 | $23,558,847 |
Liberty Educational Ministries Inc Argyle, TX | $56,879,806 | $25,424,585 |