Cedine Bible Mission Inc
- Assets
- $2.2m
- Revenue
- $1.2m
- Investments
- $259.8k
- Employees
- 68
- Location
- Spring City, TN
- Founding
- 02/1959
- Data as of
- 02/2022
- EIN
- 62-6016977
Organization Overview
Cedine Bible Mission Inc is located in Spring City, TN. The organization was established in 1959. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 02/2022, Cedine Bible Mission Inc employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedine Bible Mission 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 02/2022, Cedine Bible Mission Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $1.1m during the year ending 02/2022. While expenses have increased by 1.1% 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
CEDINE MINISTRIES EXISTS TO HONOR GOD AND HIS WORD BY PARTNERING WITH THE CHURCH IN EVANGELISM AND DISCIPLESHIP TRAINING THROUGH QUALITY CAMP CONFERENCE AND OUTREACH MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CAMP MINISTRY INCLUDES 10 WEEKS OF SUMMER CAMP, 2 WEEKS FOR PREPARING THE STAFF, 2 WEEKS OF RESIDENT CAMP FOR 8-12 YEAR OLDS, 1 WEEK FOR 11-15 YEAR OLDS, AND 3 WEEKS FOR 13-18 YEAR OLDS, ONE FOR MALES ONLY, ALL WITH AN EMPHASIS ON BIBLE TEACHING AND CHALLENGING THE YOUNG PEOPLE TO LIVE MORAL GOD-HONORING LIVES. WE ALSO HAVE TWO WEEKS OF FAMILY CONFERENCE WHICH PROVIDES TEACHING ACTIVITIES FOR THE FAMILIES TO DO TOGETHER.
THE RETREAT AND CONFERENCE MINISTRY INCLUDES WEEKEND RETREATS FOR ADULTS AND TEENS. WE OFFERED WEEKEND OF BIBLE TEACHING THROUGHOUT THE SPRING AND FALL. WE PRESENTLY OFFER 5 LADIES RETREATS, 2 RETREATS FOR MEN, 2 RETREATS FOR COUPLES AND A CHURCH LEADERSHIP CONFERENCE. WE ALSO HOST GROUPS THAT WANT TO PARTICIPATE IN WORK PROJECTS IN THE SPRING AND FALL. MOST ALL OF OUR IN PERSON EVENTS WERE CONCELLED DUE TO COVID-19. WE DID HAVE A VIRTUAL MENS RETREAT IN THE SPRING AND THREE VIRTUAL LADIES RETREATS IN THE FALL. WE ALSO HAD A VIRTUAL COUPLES RETREAT THIS YEAR.
WE HAVE OUTREACH MINISTRIES WHICH INCLUDE A BIBLE QUIZ PROGRAM WHICH FACILITATES COMPETITION AMONG CHURCHES AND GROUPS ACROSS THE STATE OF TENNESSEE. WE SPONSOR FOUR TOURNAMENTS THROUGHOUT THE SCHOOL YEAR. WE ALSO SEND DEVOTIONAL MATERIALS FOR ADULTS AND TEENS BY MAIL. WE SEND ABOUT 700 ADULT DEVOTIONAL GUIDES BIMONTHLY. WE ALSO HAVE A CORRESPONDENCE BIBLE STUDY PROGRAM THAT HAS OVER 1000 STUDENTS INVOLVED OVER THE COURSE OF THE YEAR. THIS ALONG WITH SPEAKING ENGAGEMENTS AND OTHER VARIOUS MINISTRIES.SPEAKING ENGAGEMENTS WERE LIMITED AND THE BIBLE QUIZ TOURNAMENTS DID NOT OCCUR BUT MANY OF THE GROUPS CONTINUED WITH THEIR STUDY AND WE CONTINUED TO MONITOR WHEN WE MIGHT HAVE EVENTS DUE TO COVID-19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vernon Tannahill Gen Director | Officer | 40 | $34,199 |
Dr Victor Clay Vice-Chairman | OfficerTrustee | 1 | $0 |
Rev John O Williams Chairman | OfficerTrustee | 1 | $0 |
Jonie Neddo Treasurer | OfficerTrustee | 1 | $0 |
Thomas Milloy Secretary | OfficerTrustee | 1 | $0 |
Alton Haynes 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 | $949,986 |
| Noncash contributions included in lines 1a–1f | $1,064 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $949,986 |
| Total Program Service Revenue | $154,233 |
| Investment income | $910 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $1,888 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,194,881 |
| 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. | $35,999 |
| Compensation of current officers, directors, key employees. | $1,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $517,348 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $42,259 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $24,441 |
| Office expenses | $19,542 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,913 |
| Travel | $9,799 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $100,234 |
| Insurance | $41,335 |
| All other expenses | $114,747 |
| Total functional expenses | $1,085,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,907 |
| Savings and temporary cash investments | $577,735 |
| 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 | $0 |
| Inventories for sale or use | $19,855 |
| Prepaid expenses and deferred charges | $28,547 |
| Net Land, buildings, and equipment | $1,129,913 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $259,809 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,207 |
| Total assets | $2,155,973 |
| Accounts payable and accrued expenses | $36,842 |
| Grants payable | $0 |
| Deferred revenue | $34,835 |
| 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 | $259,809 |
| Total liabilities | $331,486 |
| Net assets without donor restrictions | $1,741,945 |
| Net assets with donor restrictions | $82,542 |
| 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 | $2,155,973 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cedine Bible Mission Inc has recieved totaling $66.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $66 |
Endowment Analysis
| Beg. Balance | $80,502 |
| Earnings | $40 |
| Net Contributions | $2,000 |
| Ending Balance | $82,542 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
Acca Inc Annandale Christian Community For Action Annandale, VA | $4,445,077 | $8,164,971 |