The information for Community Bible Study is as of the organization's most recent filing in June '22. This organization is located in Colorado Springs, CO. It has been in existence for 42 years, following its founding in 1980.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Community Bible Study organization's NTEE code is X20. The "X" indicates that the organization falls under the category of Religion-Related. The "20" specifies that the organization is associated with Christianity. According to the NTEE description, this means that the organization provides opportunities for individuals to fulfill their spiritual needs and enhance their spiritual growth through organized worship or other devotional activities within the teachings of Jesus Christ. This code also encompasses Christian denominations, their ministries, missions, missionary activities, bible camps, and schools. The Community Bible Study's C Section Code is 3, which aligns with organizations focused on Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals. The mission of the organization is to provide materials for and conduct Bible study classes.
Program Area 1: Within the general fund, the organization focuses on writing, editing, printing, recording (audio & video), teaching, and distributing Bible study lesson materials for approximately 68,000 adults and nearly 16,000 children and teens in approximately 580 classes throughout the United States. This program area encompasses all the activities related to supporting the spiritual education and growth of individuals across different age groups.
Program Area 2: The organization's program area focuses on providing bible study lesson materials and leadership training to individuals in approximately 121 countries. These materials have been translated into 82 heart languages and are used to conduct over 29,000 bible study classes, which are attended by nearly 764,000 people internationally.
Program Area 3: The organization focuses on continuing the CBS value of leadership development and training for local class leadership and other leaders during the pandemic. This is achieved by shifting worldwide training online, which includes three annual online training events for U.S. leaders and distributed on-demand "live online" trainings for leaders around the world. These trainings cover programs for adults, students, children, and those in prison.
Program Area 4: The organization engages in several small, community-based ancillary programs.
Community Bible Study is run by Kimm Carr, who is the Executive Director. The organization has 34 employees, with 4 of them being paid over $100k per year. Supporting the paid staff are a remarkable 71,475 volunteers.
Community Bible Study appears to be a well-governed non-profit organization based on the information provided. The organization has 11 voting members, all of whom are independent, indicating a diverse and unbiased board composition. The absence of potential conflicts of interest further reinforces the organization's commitment to ethical governance. It is commendable that Community Bible Study has not delegated management to an outside firm, as this allows for direct control and oversight by the board. The documentation of board and committee meetings demonstrates transparency and accountability within the organization. The existence of a conflict of interest policy, along with the requirement for disclosure of conflicts, ensures that decisions made by the board are objective and in the best interest of the organization. Furthermore, Community Bible Study's commitment to ethical practices is evident through the presence of a written whistleblower policy and a document retention policy. These policies promote a culture of integrity and encourage individuals to report any wrongdoing or concerns. Additionally, the organization's practice of substantiating and reviewing leadership and officer salaries indicates a responsible approach to financial management. Lastly, the fact that Community Bible Study provides copies of the 990 tax form to the board prior to filing demonstrates a commitment to transparency and accountability. This allows board members to review and assess the organization's financial activities, ensuring compliance with legal and regulatory requirements. Overall, Community Bible Study appears to be governed in a manner that prioritizes transparency, accountability, and ethical practices. The organization's commitment to these principles is evident through its policies, practices, and documentation, which collectively contribute to its well-governed status.
Community Bible Study has experienced growth over the given time period. Contributions & Grants Received increased from $8.7M in 2014 to $10.5M in 2021. Investment Income also showed growth, rising from $933 in 2014 to $6.1K in 2021. Other Revenue increased from $96.6K in 2014 to $100.5K in 2021. Total Revenue saw an overall increase, going from $11.2M in 2014 to $13.0M in 2021. Grants Paid also increased from $368.0K in 2014 to $1.4M in 2021. Employee Salaries rose from $2.4M in 2014 to $2.7M in 2021. Although Total Expenses increased from $10.8M in 2014 to $12.0M in 2021, this can be attributed to the growth of the organization. The number of Total Employees decreased from 40 in 2014 to 34 in 2021, but this decrease may be due to restructuring or other factors. On the other hand, Total Volunteers significantly increased from 15.3K in 2014 to 71.5K in 2021, indicating a growth in community engagement and support. Overall, Community Bible Study has shown growth in various aspects of its operations.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kimm Carr Executive Director | Officer | 55 | $159,523 |
Tim Chase Dir. Ministry Service Center | 40 | $124,265 | |
Keith Sparzak International Director | 55 | $106,218 | |
James Ferrier Director International Operations | 40 | $101,625 | |
Chris Baker Director Of Finance | Officer | 55 | $90,082 |
Jacquie Parker Secretary | Officer | 40 | $47,881 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Versa Press Curriculum Printing | 6/29/22 | $593,488 |
Ship My Orders Shipping/fulfillment | 6/29/22 | $312,071 |
Igocki It Development/consult | 6/29/22 | $416,950 |
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 | $10,459,837 |
Noncash contributions included in lines 1a–1f | $2,327 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,459,837 |
Total Program Service Revenue | $2,408,952 |
Investment income | $6,110 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $100,542 |
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 | $12,975,441 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $46,474 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $1,331,404 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $403,950 |
Compensation of current officers, directors, key employees. | $64,632 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,246,575 |
Pension plan accruals and contributions | $95,726 |
Other employee benefits | $274,367 |
Payroll taxes | $216,238 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,916 |
Fees for services: Accounting | $36,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,014,531 |
Advertising and promotion | $500 |
Office expenses | $922,546 |
Information technology | $432,039 |
Royalties | $0 |
Occupancy | $136,148 |
Travel | $282,764 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,976 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $470,445 |
Insurance | $75,026 |
All other expenses | $0 |
Total functional expenses | $11,956,514 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,305,235 |
Savings and temporary cash investments | $5,076,588 |
Pledges and grants receivable | $40,000 |
Accounts receivable, net | $40,698 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $399,729 |
Prepaid expenses and deferred charges | $103,139 |
Net Land, buildings, and equipment | $3,639,716 |
Investments—publicly traded securities | $126,717 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $344,484 |
Total assets | $19,076,306 |
Accounts payable and accrued expenses | $1,047,850 |
Grants payable | $0 |
Deferred revenue | $1,137,063 |
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 | $2,184,913 |
Net assets without donor restrictions | $12,173,172 |
Net assets with donor restrictions | $4,718,221 |
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 | $19,076,306 |
Over the last fiscal year, we have identified 1 grants that Community Bible Study has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Doorstep Ministry Foundation Inc Riderwood, MD PURPOSE: OPERATING GRANT | $1,000 |
Beg. Balance | $100,109 |
Earnings | -$8,392 |
Net Contributions | $35,000 |
Ending Balance | $126,717 |
Organization Name | Assets | Revenue |
---|---|---|
Frontiers Usa Phoenix, AZ | $21,110,620 | $36,556,098 |
Greater Europe Mission Monument, CO | $16,565,205 | $26,305,521 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Biblica Inc Colorado Springs, CO | $12,948,977 | $27,586,140 |
Health Ministries Clinic Inc Newton, KS | $19,446,224 | $22,871,961 |
Foundation For A Christian Civilization Inc Rossville, KS | $19,284,785 | $19,952,584 |
Neighborhood Ministries Inc Phoenix, AZ | $8,839,353 | $14,695,989 |
Community Bible Study Colorado Springs, CO | $19,076,306 | $12,975,441 |
Cadence International Englewood, CO | $9,762,190 | $12,602,895 |
Youth For Christ International Ministries Englewood, CO | $7,359,781 | $13,249,220 |
Restore Hope Ministries Inc Tulsa, OK | $8,417,745 | $10,753,534 |
Les Feldick Ministries Kinta, OK | $8,711,680 | $12,215,004 |