International Reference Library For Biblical Research
- Assets
- $1.8m
- Revenue
- $134.2k
- Investments
- $1.8m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 05/2005
- Data as of
- 12/2021
- EIN
- 30-0282970
Organization Overview
International Reference Library For Biblical Research is located in Fort Worth, TX. The organization was established in 2005. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Reference Library For Biblical Research 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, International Reference Library For Biblical Research generated $134.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $69.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTERNATIONAL REFERENCE LIBRARY FOR BIBLICAL RESEARCH HAS ADDED THE FOCUS OF PROVIDING ACCOMMODATIONS FOR BIBLICAL SCHOLARS WHO WISH TO STUDY IN ENGLAND. PURCHASING PROPERTY AND INSURING IT AS A FOREIGN ENTITY PROVED TOO EXPENSIVE, AND THE LEGAL REQUIREMENTS BECAME OVERWHELMING FOR OUR SMALL ORGANIZATION. WE ABANDONED THE PURCHASING OPTION AND WILL BE LEASING ACCOMMODATIONS FROM TYNDALE HOUSE IN CAMBRIDGE, ENGLAND. SO, THE FOCUS OF PROVIDING ACCOMMODATIONS FOR BIBLICAL SCHOLARS IS STIL A PRIORITY. COVID PRECLUDED ANY TRAVEL TO ENGLAND TO INITIATE AND OVERSEE RENOVATION OF ACCOMODATIONS FOR SPONSORED SCHOLARS. HOWEVER, AN $11,000 CONTRIBUTION WAS MADE TO TYNDALE FELLOWSHIP AS AN ADVANCE ON PRESUMED RENOVATIONS TO BE MADE IN 2021. PREPARATIONS ARE BEING MADE FOR ANOTHER SCHOLARS CONFERENCE WITH SPECIFIED TOPICS AND PARTICIPANTS.
THE INTERNATIONAL REFERENCE LIBRARY FOR BIBLICAL RESEARCH PROVIDES TO ITS MEMBERS VARIOUS SERVICES INCLUDING SEMINAR GROUPS IN A NUMBER OF BIBLICAL AND THEOLOGICAL DISCIPLINES, AN ANNUAL NEWSLETTER, AND ACCESS TO ITS DIGITIZED HOLDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Daniel Fredericks Treasurer | 1 | $4,500 | |
Dr E Randolph Richards President | 1 | $3,000 | |
Dr Terry Wilder Secretary | 1 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $700 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,214 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,321 |
| Capital Gain Net Income | $108,321 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,937 |
| Total Revenue | $134,172 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,426 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $17,236 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $69,534 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $69,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,115 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,761,549 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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