Biblical Studies Released Time Inc
- Assets
- $110.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clover, SC
- Founding
- 03/1999
- Data as of
- 08/2022
- EIN
- 57-1061761
Organization Overview
Biblical Studies Released Time Inc is located in Clover, SC. The organization was established in 1999. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Biblical Studies Released Time 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 08/2022, Biblical Studies Released Time Inc generated $121.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $95.6k during the year ending 08/2022. While expenses have increased by 3.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CONDUCTING BIBLE STUDY CLASSES FOR THE STUDENTS OF THE CLOVER SCHOOL DISTRICT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Draffin Chairman | 0 | $0 | |
Yolanda Cobb Vice Chairman | 0 | $0 | |
Carrieanne Hershman Secretary | 0 | $0 | |
Kyle Hodges Transportation | 0 | $0 | |
Robert Morrow Board Member | 0 | $0 | |
Karen Barr Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,566 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $384 |
| Other Revenue | $0 |
| Total Revenue | $120,995 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,594 |
| Professional fees and other payments to independent contractors | $4,339 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,707 |
| Total expenses | $95,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,276 |
| Other assets | $0 |
| Total assets | $110,076 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,076 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Biblical Studies Released Time Inc has recieved totaling $8,429.
| Awarding Organization | Amount |
|---|---|
South Carolina Christian Foundation Spartanburg, SC PURPOSE: GENERAL SUPPORT | $8,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $308 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $121 |
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