Bangla Bible Correspondence Institute
- Assets
- $148.6k
- Revenue
- $353.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Grand Rapids, MI
- Founding
- 11/1996
- Data as of
- 12/2021
- EIN
- 38-3307818
Organization Overview
Bangla Bible Correspondence Institute is located in Grand Rapids, MI. The organization was established in 1996. 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, Bangla Bible Correspondence Institute employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bangla Bible Correspondence 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, Bangla Bible Correspondence Institute generated $353.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $323.5k during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 6 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
DEVELOP AND ADMINISTER BIBLE STUDY PROGRAMS IN BANGLADESH
Describe the Organization's Program Activity:
Part 3 - Line 4a
BANGLA MINISTRIES SUPPORTS ESTABLISHMENT OF BIBLE STUDY GROUPS AND OTHER EVANGELISTIC MINISTRIES IN BANGLADESH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Decook Director | Officer | 40 | $52,394 |
Thomas Roy Key Employee | Officer | 40 | $51,505 |
Phil Schaap Vice President | OfficerTrustee | 3 | $0 |
Dave Koppenaal President | OfficerTrustee | 5 | $0 |
Bill Wolf Board Member | Trustee | 10 | $0 |
Steven Pothoven Treasurer | Trustee | 5 | $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 | $330,138 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,138 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$71 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $353,696 |
| 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 | $150,449 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,899 |
| Compensation of current officers, directors, key employees. | $7,859 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,252 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $563 |
| Payroll taxes | $1,384 |
| 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 | $1,426 |
| Office expenses | $17,315 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,450 |
| Travel | $19,681 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $294 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $683 |
| All other expenses | $0 |
| Total functional expenses | $323,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,590 |
| Savings and temporary cash investments | $0 |
| 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 | $17,964 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $148,554 |
| Accounts payable and accrued expenses | $5,061 |
| 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 | $5,061 |
| 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 | $143,493 |
| Total liabilities and net assets/fund balances | $148,554 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bangla Bible Correspondence Institute has recieved totaling $81,420.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $81,420 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rbc Ministries Grand Rapids, MI | $21,687,815 | $61,139,442 |
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
National Church Residences Foundation Columbus, OH | $124,164,884 | $10,642,562 |
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Traditions At Xenia Columbus, OH | $32,383,407 | $4,874,635 |