Free Bible Ministry Inc
- Assets
- $81.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laurel, MD
- Founding
- 01/2011
- Data as of
- 12/2023
- EIN
- 27-3664941
Organization Overview
Free Bible Ministry Inc is located in Laurel, MD. The organization was established in 2011. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Free Bible Ministry 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 12/2023, Free Bible Ministry Inc generated $27.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $73.6k during the year ending 12/2023. 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
REGULAR BIBLE STUDY PRESENTATIONS THROUGH MEETINGS WHICH ARE RECORDED, AND STUDY GUIDES PRODUCED. MAJOR EXPENSES INVOLVE THE COSTS OF ORGANIZING AND CATERING MEETINGS, AND EQUIPMENT PURCHASE/SERVICE. BECAUSE OF COVID MORE EQUIPMENT WAS PURCHASED TO CONDUCT MEETINGS AND SEMINARS ONLINE. DEVELOPMENT, INTERNET PUBLICATION, AND COMPLETION OF THE FREE BIBLE VERSION IN ENGLISH. NOW ONLINE ON MANY BIBLE APPS. ALSO DEVELOPMENT OF DIFFERENT LANGUAGE VERSIONS: SPANISH, PORTUGUESE, INDONESIAN... NOW AVAILABLE THROUGH UNITED BIBLE SOCIETY DIGITAL BIBLE LIBRARY AND EBIBLE.ORG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Gallagher | 20 | $0 | |
Floyd Murdoch Treasurer | 1 | $0 | |
James Borchers Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,982 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $62 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,044 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $52,581 |
| Other expenses | $21,000 |
| Total expenses | $73,581 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,305 |
| Other assets | $0 |
| Total assets | $81,305 |
| Total liabilities | $0 |
| Net assets or fund balances | $81,305 |