Associates For Biblical Research
- Assets
- $750.2k
- Revenue
- $744.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Akron, PA
- Founding
- 10/1969
- Data as of
- 06/2022
- EIN
- 42-0947695
Organization Overview
Associates For Biblical Research is located in Akron, PA. The organization was established in 1969. As of 06/2022, Associates For Biblical Research employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associates 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 06/2022, Associates For Biblical Research generated $744.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $635.9k during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 8 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
TO PROVIDE INFORMATION TO THE CHRISTIAN COMMUNITY AND THE GENERAL PUBLIC BY THE MOST EFFECTIVE MEANS AVAILABLE ON THE SUBJECT OF BIBLICAL ARCHAEOLOGY AND THE CREATION/EVOLUTION ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARCHAEOLOGY AND RESEARCH OF BIBLICAL AND CREATION/EVOLUTION ISSUES AS WELL AS PRODUCTION OF VARIOUS MEDIA MEANT TO INFORM AND EDUCATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy Chamberlin Vice Preside | Officer | 5 | $0 |
Robert Dadd Board Member | Officer | 5 | $0 |
Scott Lanser Executive Di | Officer | 30 | $0 |
Bill Longstreet Treasurer | Officer | 5 | $0 |
Jonathan Routley Board Member | Officer | 5 | $0 |
Robert Spender Secretary | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $389,707 |
| Investment income | $695 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,127 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $744,598 |
| Statement of Expenses | |
|---|---|
| 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. | $65,727 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,701 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,918 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,299 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,120 |
| Office expenses | $30,090 |
| Information technology | $1,696 |
| Royalties | $0 |
| Occupancy | $4,212 |
| Travel | $6,620 |
| 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 | $335 |
| Insurance | $2,465 |
| All other expenses | $0 |
| Total functional expenses | $635,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $688,137 |
| Savings and temporary cash investments | $60,494 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $750,222 |
| 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 | $3,088 |
| Total liabilities | $3,088 |
| Net assets without donor restrictions | $655,715 |
| Net assets with donor restrictions | $91,419 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $747,134 |