Biblical Perspectives Inc
- Assets
- $2.3m
- Revenue
- -$376.6k
- Investments
- $1.5m
- Employees
- 0
- Location
- Spring, TX
- Founding
- 02/1982
- Data as of
- 07/2022
- EIN
- 76-0008347
Organization Overview
Biblical Perspectives Inc is located in Spring, TX. The organization was established in 1982. 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. Biblical Perspectives Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Biblical Perspectives Inc has awarded 22 individual grants totaling $338,158. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
18 GRANTS TO VARIOUS CHURCHES, AND OTHER RELIGIOUS NONPROFIT ORGANIZATIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard D Frey Vice President/director | 1 | $0 | |
John M Frey President/director | 1 | $0 | |
Paul T Frey Director | 1 | $0 | |
Adam C Frey Director | 1 | $0 | |
David R Frey Director | 1 | $0 | |
Sarah R Hastings Secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $206 |
| Interest on Savings | $49,819 |
| Dividends & Interest | $22,962 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$449,569 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$376,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,570 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,462 |
| Total operating and administrative expenses | $22,274 |
| Contributions, gifts, grants paid | $304,858 |
| Total expenses and disbursements | $327,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,565 |
| Savings and temporary cash investments | $6,833 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $795,828 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,272,275 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Biblical Perspectives Inc has awarded $304,858 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA BLUE RIDGE ASSEMBLY PURPOSE: PROVIDE QUALITY PROGRAMS SERVICES TO COMMUNITY | $270,507 |
AFRICA INLAND MISSION PURPOSE: SPREAD THE GOSPEL | $8,400 |
SIM USA PURPOSE: SPREAD THE GOSPEL | $5,600 |
HEART 4 CHILDREN PURPOSE: TO HELP CHILDREN OF HONDURAS | $5,500 |
WORLD VENTURE PURPOSE: SPREAD THE GOSPEL | $2,800 |
CAPITAL COMMISSION TEXAS PURPOSE: SPREAD THE GOSPEL | $2,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Of Hope Austin, TX | $30,630,297 | $30,889,522 |
New Orleans Mission Inc New Orleans, LA | $5,963,143 | $11,588,055 |
Presbyterian Village Inc Little Rock, AR | $7,163,719 | $8,947,997 |
Village At Gleannloch Farms Inc Austin, TX | $0 | $0 |
City Of Faith Prison Ministries Monroe, LA | $6,013,159 | $9,077,995 |
Usatransform Southlake, TX | $4,678,487 | $10,648,450 |
Iglesia Bethel Ministries Inc San Antonio, TX | $9,077,539 | $1,090,041 |
Powerpoint Ministries Plano, TX | $1,308,223 | $5,704,956 |
Permanent Endowment Fund Of The Moody Memorial First United Method Galveston, TX | $123,313,594 | $19,045,257 |
Greater St Stephen Ministries New Orleans, LA | $35,746,422 | $4,835,716 |
Abundant Rain Ministries Inc Coweta, OK | $1,184,763 | $4,705,451 |
Reaching Souls International Inc Oklahoma City, OK | $9,096,171 | $6,014,810 |