Public School Bible Study Committee
- Assets
- $4.0m
- Revenue
- $4.1m
- Investments
- $2.4m
- Employees
- 8
- Location
- Chattanooga, TN
- Founding
- 01/1956
- Data as of
- 07/2022
- EIN
- 62-0523361
Organization Overview
Public School Bible Study Committee, operating under the name Bible In The Schools, is located in Chattanooga, TN. The organization was established in 1956. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 07/2022, Bible In The Schools employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bible In The Schools 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 07/2022, Bible In The Schools generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $2.5m during the year ending 07/2022. While expenses have increased by 12.8% 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 ADVANCE BIBLE EDUCATION FOR STUDENTS IN HAMILTON COUNTY PUBLIC SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FUNDING FOR BIBLE CLASSES IN THE HAMILTON COUNTY PUBLIC SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Scott President | OfficerTrustee | 50 | $116,897 |
John E Henegar Board Treasurer | OfficerTrustee | 1 | $0 |
Bruce Zeiser Board Vice Chairman | OfficerTrustee | 1 | $0 |
Tom Glenn Board Chairman | OfficerTrustee | 1 | $0 |
Ben Pitts Board Secretary | OfficerTrustee | 1 | $0 |
Betsy Brown Board Member | Trustee | 1 | $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 | $4,263,004 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,263,004 |
| Total Program Service Revenue | $0 |
| Investment income | $25,021 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$220,590 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,067,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,813,564 |
| 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. | $102,500 |
| Compensation of current officers, directors, key employees. | $31,882 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,054 |
| Pension plan accruals and contributions | $8,552 |
| Other employee benefits | $18,806 |
| Payroll taxes | $20,665 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,690 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,584 |
| Advertising and promotion | $47,246 |
| Office expenses | $59,355 |
| Information technology | $19,307 |
| Royalties | $0 |
| Occupancy | $15,770 |
| Travel | $3,812 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $758 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,238 |
| Insurance | $8,976 |
| All other expenses | $6,564 |
| Total functional expenses | $2,542,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,196 |
| Savings and temporary cash investments | $1,105,630 |
| Pledges and grants receivable | $312,847 |
| 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 | $1,103 |
| Net Land, buildings, and equipment | $6,460 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,449,059 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,046,295 |
| Accounts payable and accrued expenses | $52,099 |
| 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 | $52,099 |
| Net assets without donor restrictions | $2,533,294 |
| Net assets with donor restrictions | $1,460,902 |
| 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 | $4,046,295 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Public School Bible Study Committee has recieved totaling $1,359,912.
| Awarding Organization | Amount |
|---|---|
Chattanooga Christian Community Foundation Chattanooga, TN PURPOSE: IN FURTHERANCE OF FOUNDATION'S PURPOSES | $1,228,635 |
Robert L And Kathrina H Maclellan Foundation Chattanooga, TN PURPOSE: FOR EDUCATION OF YOUTH AND CHILDREN. | $75,000 |
Weldon F Osborne Foundation Inc Chattanooga, TN PURPOSE: OPERATING/PROGRAM SUPPORT | $26,000 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: UNRESTRICTED | $10,000 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: UNRESTRICTED | $6,000 |
Weldon F Osborne Foundation Inc Chattanooga, TN PURPOSE: OPERATING | $6,000 |
Endowment Analysis
| Beg. Balance | $1,672,922 |
| Earnings | -$196,864 |
| Net Contributions | $1,090,050 |
| Other Expense | $117,049 |
| Ending Balance | $2,449,059 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Delta Inc Helena, AR | $23,299,418 | $20,055,239 |
Hope Educational & Research Center St Louis, MO | $196,443,117 | $45,382,338 |
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |
Pulaski Academy Little Rock, AR | $31,968,373 | $17,811,246 |
Brookstone School Inc Columbus, GA | $71,035,506 | $24,481,396 |
Lincoln Charter School Inc Denver, NC | $10,014,512 | $18,722,799 |
Kentucky Country Day School Inc Louisville, KY | $45,327,857 | $17,940,550 |
Imagine Schools Inc Vienna, VA | $112,554,052 | $31,881,932 |
Episcopal Collegiate School Little Rock, AR | $113,498,551 | $17,410,081 |
Savannah Christian Preparatory School Inc Savannah, GA | $28,769,990 | $18,697,901 |
Capstone Education Group Inc Memphis, TN | $24,521,664 | $20,250,688 |
Republic Schools Inc Jackson, MS | $19,525,941 | $20,988,573 |