Bible Believers Evangelistic Association Inc
- Assets
- $78.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alba, TX
- Founding
- 04/1971
- Data as of
- 11/2021
- EIN
- 75-1315579
Organization Overview
Bible Believers Evangelistic Association Inc is located in Alba, TX. The organization was established in 1971. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Bible Believers Evangelistic Association 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 11/2021, Bible Believers Evangelistic Association Inc generated $29.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $29.5k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SALE OF BIBLE MAPS TAPES AND LITERATURE IN ORDER TO TEACH AND EXPLAIN THE BIBLE TO THOSE WHO PURCHASE THESE MATERIALS. SOME MATERIALS ARE NOT SOLD BUT GIVEN TO MISSIONARIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Lyles Director | 2 | $0 | |
Matt Galyean Pres Trustee | 60 | $0 | |
Angela Galyean V Pres Sec Treas Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,398 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,907 |
| Professional fees and other payments to independent contractors | $45 |
| Occupancy, rent, utilities, and maintenance | $17,451 |
| Printing, publications, postage, and shipping | $1,781 |
| Other expenses | $2,354 |
| Total expenses | $29,538 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,198 |
| Other assets | $0 |
| Total assets | $78,510 |
| Total liabilities | $2,511 |
| Net assets or fund balances | $75,999 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bible Believers Evangelistic Association Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,000 |
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