Village Schools Of The Bible Inc
- Assets
- $199.2k
- Revenue
- $363.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Minneapolis, MN
- Founding
- 07/1984
- Data as of
- 06/2022
- EIN
- 41-1458545
Organization Overview
Village Schools Of The Bible Inc is located in Minneapolis, MN. The organization was established in 1984. As of 06/2022, Village Schools Of The Bible Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Schools Of The Bible 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, Village Schools Of The Bible Inc generated $363.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $339.4k during the year ending 06/2022. While expenses have increased by 2.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
INSTRUCTION IN BIBLE STUDY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TEACHING AND INSTRUCTION IN THE STUDY OF THE BIBLE THROUGH CLASSROOM, SELF STUDY, AND ONLIN CLASSES. APPROXIMATELY 150-250 STUDENTS ARE SERVED ANNUALLY.
INSTRUCTION OF THE STUDY OF THE BIBLE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Besonen Executive Director | OfficerTrustee | 40 | $75,000 |
Warwick Alcock Director Strategic Operations | Officer | 40 | $65,506 |
Liza Halverson Board Member/treasurer | OfficerTrustee | 0.75 | $0 |
Justin Eggert Board Member/secretary | OfficerTrustee | 0.75 | $0 |
Patrick Reckinger Board Member/chair | OfficerTrustee | 0.75 | $0 |
Kristi Piehl Board Member/deputy Chair | OfficerTrustee | 0.75 | $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 | $315,601 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $315,601 |
| Total Program Service Revenue | $48,179 |
| Investment income | $7 |
| 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 | $363,787 |
| 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 | $0 |
| Other salaries and wages | $186,157 |
| Pension plan accruals and contributions | $5,331 |
| Other employee benefits | $13,995 |
| Payroll taxes | $14,248 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $300 |
| Office expenses | $0 |
| Information technology | $1,990 |
| Royalties | $0 |
| Occupancy | $9,250 |
| Travel | $0 |
| 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 | $48,133 |
| Total functional expenses | $339,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,622 |
| Savings and temporary cash investments | $95,540 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $199,162 |
| 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 | $295 |
| Total liabilities | $295 |
| 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 | $198,867 |
| Total liabilities and net assets/fund balances | $199,162 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Village Schools Of The Bible Inc has recieved totaling $62,050.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $51,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $11,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
University Of Dubuque Dubuque, IA | $403,203,443 | $110,402,473 |
Concordia University Chicago River Forest, IL | $86,542,696 | $102,736,797 |
Millikin University Decatur, IL | $270,927,180 | $97,576,221 |
Concordia University St Paul St Paul, MN | $168,274,815 | $110,114,191 |
Wartburg College Waverly, IA | $247,960,217 | $101,117,542 |
College Of The Ozarks Point Lookout, MO | $787,489,229 | $134,988,466 |
North Park University Chicago, IL | $342,334,574 | $94,494,659 |
Principia Corporation St Louis, MO | $1,121,774,918 | $256,921,200 |
Adrian College Adrian, MI | $148,979,647 | $94,047,786 |
Coe College Cedar Rapids, IA | $182,564,776 | $91,175,984 |
Park University Parkville, MO | $196,638,780 | $102,110,275 |