Chronological Bible Teaching Ministries Inc
- Assets
- $219.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olive Branch, MS
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 45-4099681
Organization Overview
Chronological Bible Teaching Ministries Inc is located in Olive Branch, MS. The organization was established in 2012. 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. Chronological Bible Teaching Ministries 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 12/2022, Chronological Bible Teaching Ministries Inc generated $93.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $65.3k during the year ending 12/2022. While expenses have increased by 3.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO INCREASE BIBLICAL LITERACY BY DEVELOPING RESOURCES THAT TEACH THE STORYLINE OF THE BIBLE AND PROVIDING LEADERSHIP TRAINING FOR TEACHING THE TRAINING MATERIALS.
Describe the Organization's Program Activity:
Part 3
ALL PROGRAM SERVICE EXPENSES ARE RELATED TO PROVIDING TRAINING MATERIALS AND CONDUCTING LEADERSHIP WORKSHOPS AND TRAINING. AS SHOWN IN THE STATEMENT OF FUNCTIONAL EXPENSES IN PART IX THE LARGEST EXPENSE IS THE COST OF PRINTING BOOKS AND MATERIALS FOLLOWED BY THE COST OF LEADERSHIP TRAINING / CONFERENCE EXPENSES AND THE RELATED TRAVEL EXPENSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Iva May CEO | 30 | $9,556 | |
Stan May President | 5 | $0 | |
Kristy Makris Trusteeproject Manager | 5 | $0 | |
Joel Strahan Trusteetechnology | 5 | $0 | |
Donna Hogue Trusteeprayer Advocacy | 5 | $0 | |
Gabriela Horn Trusteespanish Language Specialist | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,913 |
| Total Program Service Revenue | $113,113 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,142 |
| Total Revenue | $93,382 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,887 |
| Professional fees and other payments to independent contractors | $5,105 |
| Occupancy, rent, utilities, and maintenance | $10,053 |
| Printing, publications, postage, and shipping | $1,090 |
| Other expenses | $15,177 |
| Total expenses | $65,312 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $213,092 |
| Other assets | $0 |
| Total assets | $219,864 |
| Total liabilities | $7,650 |
| Net assets or fund balances | $212,214 |