Blue Letter Bible
- Assets
- $2.6m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 19
- Location
- Greenville, SC
- Founding
- 07/2015
- Data as of
- 12/2022
- EIN
- 47-2951572
Organization Overview
Blue Letter Bible is located in Greenville, SC. The organization was established in 2015. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Blue Letter Bible employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Letter Bible 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, Blue Letter Bible generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 6.8% 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
TO PRESENT A BIBLICAL, CHRISTIAN MINISTRY OF THE GOSPEL, HOPE, ENCOURAGEMENT AND STRENGTH TO AS MANY PEOPLE AS POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLUE LETTER BIBLE (BLB) PROVIDES POWERFUL TOOLS FOR AN IN DEPTH STUDY OF GOD'S WORD THROUGH OUR FREE ONLINE REFERENCE LIBRARY, WITH STUDY TOOLS THAT ARE GROUNDED IN THE HISTORICAL, CONSERVATIVE CHRISTIAN FAITH. THERE ARE APPROXIMATELY 20 MILLION UNIQUE VISITORS PER YEAR. THE BLUE LETTER BIBLE WEBSITE IS AN ONLINE REFERENCE SYSTEM WHICH PROVIDES, FREE OF CHARGE TO ANYONE VISITING ITS WEBSITE, 19 VERSIONS OF THE HOLY BIBLE, CROSS REFERENCES FROM THE BIBLE TO THE ORIGINAL HEBREW AND GREEK TRANSLATIONS OF THE SCRIPTURES, STUDY HELPS AND COMMENTARIES FROM PASTORS OF EVANGELICAL CHRISTIAN CHURCHES WHO AGREE TO MAKE THEIR COMMENTARIES AVAILABLE FREE OF CHARGE FOR USE WITH THE BLUE LETTER BIBLE. THE DESIGN OF THE BLUE LETTER BIBLE WEBSITE IS INTENDED TO BE USED BY PASTORS, TEACHERS, MISSIONARIES AND THE MEMBER OF CHURCHES ALL OVER THE WORLD TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGH THEIR STUDY OF THE SCRIPTURES, AND TO ENABLE PEOPLE EVERYWHERE TO LEARN TO LIVE ACCORDING TO THE SCRIPTURES. THE BLUE LETTER BIBLE INSTITUTE WEBSITE (STUDY, BIBLE) OFFERS, FREE OF CHARGE, A COMPLETE COURSE OF STUDY ON THE BELIEF'S AND TEACHINGS OF CHRISTIANITY, WHICH HAVE BEEN PROVIDED FROM PASTORS AND TEACHERS OF EVANGELICAL CHRISTIAN CHURCHES AND BIBLE COLLEGES. EACH COURSE IN THE PROGRAM IS DESIGNED TO BE USED FOR EITHER SELF-STUDY, HOME BIBLE STUDY, OR FOR THE CLASSROOM. FOURTEEN COURSES ARE CURRENTLY OFFERED, AND ONE TO TWO COURSES WILL GENERALLY BE ADDED EACH YEAR. THE BLUE LETTER BIBLE BLOG (BLOGS.BLUELETTERBIBLE.ORG) AND SOCIAL MEDIA OUTLETS (FACEBOOK, TWITTER, INSTAGRAM, YOUTUBE) WILL PROVIDE, TO PEOPLE ALL OVER THE WORLD, DAILY AND WEEKLY ENGAGEMENT WITH THE SCRIPTURES AS WELL AS BIBLE STUDY RESOURCES THAT HELP PEOPLE LEARN MORE ABOUT THE SCRIPTURES. BLUE LETTER BIBLE STUDY CONTENT IS ALSO AVAILABLE AS APPLICATIONS ON SMARTPHONES, SUCH AS APPLE IOS AND ANDROID DEVICES. THE SMARTPHONE APPLICATIONS ARE CURRENTLY AVAILABLE IN THE APPLE STORE AND GOOGLE PLAY STORE AT NO CHARGE. BLUE LETTER BIBLE WILL CONTINUE TO DEVELOP AND IMPROVE THE BLUE LETTER BIBLE WEBSITE AND RELATED PROPERTIES, AND ADD ADDITIONAL BIBLICAL MATERIALS FOR THE STUDY OF THE SCRIPTURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James P Milligan President & | OfficerTrustee | 20 | $152,406 |
Andrew J Guastaferro Coo/cfo | Officer | 40 | $93,311 |
Alan Pearson Dir Donor Re | 40 | $146,020 | |
Meherdad Joshua Vachha It Projectsp | 40 | $129,934 | |
Jordan Replogle It Manager | 40 | $127,000 | |
Cameron Morgan Web Designer | 40 | $102,430 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
What If Tx Llc Printer/mail Di | 12/30/22 | $148,492 |
Davis Technology Fluxcore Llc It Consultant | 12/30/22 | $147,507 |
David Larsen It Consultant | 12/30/22 | $102,224 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $496,210 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,203,023 |
| Noncash contributions included in lines 1a–1f | $3,739 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,699,233 |
| Total Program Service Revenue | $0 |
| Investment income | $28,269 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $11,830 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,752,482 |
| 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. | $385,555 |
| Compensation of current officers, directors, key employees. | $7,711 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $959,670 |
| Pension plan accruals and contributions | $52,678 |
| Other employee benefits | $370,126 |
| Payroll taxes | $106,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,674 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $310,739 |
| Advertising and promotion | $156,632 |
| Office expenses | $72,775 |
| Information technology | $128,646 |
| Royalties | $0 |
| Occupancy | $82,526 |
| Travel | $69,594 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,759 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,506 |
| Insurance | $13,935 |
| All other expenses | $32,002 |
| Total functional expenses | $3,010,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $595,223 |
| Savings and temporary cash investments | $1,032,850 |
| 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 | $2,638 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $41,825 |
| Investments—publicly traded securities | $506,724 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $460,000 |
| Other assets | $0 |
| Total assets | $2,639,260 |
| Accounts payable and accrued expenses | $343,105 |
| 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 | $343,105 |
| Net assets without donor restrictions | $2,296,155 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,639,260 |