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.
For the year ending 07/2023, Biblical Perspectives Inc generated $66.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $60.7k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Biblical Perspectives Inc has awarded 39 individual grants totaling $395,461. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
17 GRANTS TO VARIOUS CHURCHES, AND OTHER RELIGIOUS NONPROFIT ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard D Frey Vice President/director | 1 | $0 | |
John M Frey President/director | 1 | $0 | |
David M Frey Director | 1 | $0 | |
Adam C Frey Director | 1 | $0 | |
David R Frey Director | 1 | $0 | |
Sarah R Hastings Secretary/director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $179 |
Dividends & Interest | $41,816 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $24,728 |
Capital Gain Net Income | $27,633 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $66,723 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $544 |
Total operating and administrative expenses | $3,376 |
Contributions, gifts, grants paid | $57,303 |
Total expenses and disbursements | $60,679 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,187 |
Savings and temporary cash investments | $3,016 |
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 | $460,828 |
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 | $2,279,529 |
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 |
Over the last fiscal year, Biblical Perspectives Inc has awarded $57,303 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
AFRICAN INLAND MISSION PURPOSE: SPREAD THE GOSPEL | $11,300 |
CALVARY CHAPEL PURPOSE: GIFT TO CHURCH | $600 |
CAPITOL COMMISSION TEXAS PURPOSE: SPREAD THE GOSPEL | $2,100 |
CAMP PENIEL PURPOSE: SPREAD THE GOSPEL | $11,800 |
COALITION FOR CHISTIAN OUTREACH PURPOSE: SPREAD THE GOSPEL | $600 |
ENTRUST MINISTRIES INTERNATL PURPOSE: SPREAD THE GOSPEL | $2,200 |