Entrust
- Assets
- $2.5m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 54
- Location
- Colorado Springs, CO
- Founding
- 01/1985
- Data as of
- 12/2021
- EIN
- 54-1256309
Organization Overview
Entrust, operating under the name BEE International Biblical Education by Extension International Entrust Multiplying Leaders for Multiplying Churches, is located in Colorado Springs, CO. The organization was established in 1985. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, BEE International Biblical Education by Extension International Entrust Multiplying Leaders for Multiplying Churches employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. BEE International Biblical Education by Extension International Entrust Multiplying Leaders for Multiplying Churches 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 12/2021, BEE International Biblical Education by Extension International Entrust Multiplying Leaders for Multiplying Churches generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $3.8m during the year ending 12/2021. While expenses have increased by 2.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MULTIPLY CHURCH LEADERS THROUGH ACCESSIBLE, LOCALLY OWNED, REPRODUCIBLE TRAINING SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FULL-TIME MISSIONARIES AND VISITING FACILITATORS TAUGHT PASTORS AND CHURCH LEADERS IN SEMINARY LEVEL CURRICULUM IN MANY AREAS INCLUDING EASTERN EUROPE, RUSSIA, ASIA, AFRICA, AND THE U.S. THEY ALSO DISCIPLED, TRAINED, COACHED, AND MENTORED CHURCH LEADERS IN HOW TO FACILITATE SMALL GROUP BIBLE STUDY, WRITE CONTEXTUALIZED CURRICULUM, AND DEVELOP TRAINING SYSTEMS TO EQUIP OTHERS TO REACH OUT IN HOLISTIC MINISTRY TO THEIR COMMUNITIES. IN LOCATIONS WHERE CHURCH LEADERSHIP IS MINIMAL, THEY TAUGHT YOUNG CHRISTIANS TO BEGIN FOLLOWING CHRIST.
MIDDLE EAST - ENTRUST IS SERVING LOCAL CHURCHES, REFUGEES, AND INTERNALLY DISPLACED PEOPLE (IDPS) IN THIS VOLATILE REGION OF THE WORLD BY:1) PROVIDING MINISTRY TRAINING TO PEOPLE IN LOCAL CHURCHES AND HUMANITARIAN AID TO THOUSANDS OF PEOPLE FROM ALL BACKGROUNDS; 2) OPERATING A BIBLE INSTITUTE SPECIFICALLY FOR REFUGEES WHO'VE FLED THEIR HOME COUNTRY AND ARE AWAITING PERMISSION TO IMMIGRATE AND FOR SHORT-TERM STUDENTS WHO TAKE VARIOUS INTENSIVE COURSES FOR TWO WEEKS. COURSES AVERAGE 10-14 STUDENTS.
ENTRUST IS HONORED TO SERVE IN SUB-SAHARAN AFRICA THROUGH OUR INDIGENOUS MINISTRY PARTNER, MORE THAN A MILE DEEP (MMD). MMD INVOLVES TEACHING, DISCIPLING, COACHING, AND MENTORING CHURCH LEADERS TO EQUIP THEIR MEMBERS TO MAKE A DIFFERENCE IN ADDRESSING THE PROBLEMS OF THEIR COMMUNITIES, AS WELL AS HELPING TO CONTINUE DEVELOPMENT OF HIGHLY CONTEXTUALIZED CURRICULA AND COUNTRY-WIDE TRAINING SYSTEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Goree CEO | OfficerTrustee | 40 | $48,874 |
Lynn Eber Cfo, Treasurer | Officer | 40 | $42,706 |
Lydia Floren Board Member, Secretary | OfficerTrustee | 1 | $0 |
Andrew Seidel Board Chair, Field Staff | OfficerTrustee | 12 | $0 |
Roger Gulick Board Member, Field Staff | Trustee | 1 | $0 |
Doug Adams Board Member | Trustee | 2 | $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 | $3,742,725 |
| Noncash contributions included in lines 1a–1f | $58,911 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,742,725 |
| Total Program Service Revenue | $22,670 |
| Investment income | $2,910 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,217 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,100 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,775,834 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,133 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $326,342 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $199,576 |
| Compensation of current officers, directors, key employees. | $62,970 |
| Compensation to disqualified persons | $159,886 |
| Other salaries and wages | $1,902,603 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $322,417 |
| Payroll taxes | $120,209 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $291,647 |
| Advertising and promotion | $61,052 |
| Office expenses | $108,884 |
| Information technology | $19,338 |
| Royalties | $0 |
| Occupancy | $102,557 |
| Travel | $64,836 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,374 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,003 |
| Insurance | $8,485 |
| All other expenses | $135 |
| Total functional expenses | $3,797,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $717,235 |
| Savings and temporary cash investments | $1,636,513 |
| Pledges and grants receivable | $7,000 |
| 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 | $76,101 |
| Net Land, buildings, and equipment | $78,986 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,515,835 |
| Accounts payable and accrued expenses | $66,388 |
| 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 | $66,388 |
| Net assets without donor restrictions | $422,247 |
| Net assets with donor restrictions | $2,027,200 |
| 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 | $2,515,835 |
Grants Awarded
Over the last fiscal year, Entrust has awarded $61,598 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: Grant to new mission for ministry of former employee | $23,321 |
Memphis, TN PURPOSE: Grant to new mission for ministry of former employee | $23,321 |
Peoria, AZ PURPOSE: Grant to new mission for ministry of former employee | $7,478 |
Peoria, AZ PURPOSE: Grant to new mission for ministry of former employee | $7,478 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Entrust has recieved totaling $231,100.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $87,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $56,600 |
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $40,000 |
Tyndale House Ministries Carol Stream, IL PURPOSE: General program support | $25,000 |
National Christian Charitable Foundation Inc Prospect Heights, IL PURPOSE: GROWTH | $12,000 |
Wichita Falls Area Community Foundation Wichita Falls, TX PURPOSE: Religion | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Summit Ministries Inc Manitou Springs, CO | $15,859,073 | $12,358,452 |
Glorieta 2-0 Inc Glorieta, NM | $10,000,063 | $8,243,412 |
India Transformed Denver, CO | $8,662,864 | $16,064,070 |
Messenger International Inc Palmer Lake, CO | $6,208,879 | $7,054,114 |