Clear Bible Inc
- Assets
- $2.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Grandville, MI
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 81-2408473
Organization Overview
Clear Bible Inc is located in Grandville, MI. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Clear Bible Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clear Bible 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 12/2021, Clear Bible Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 26.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CLEAR BIBLE IS ACCELERATING THE FAITHFUL TRANSLATION OF SCRIPTURE UNTIL ALL PEOPLE CAN ACCESS GODS WORD IN THEIR OWN LANGUAGE. CLEAR WORKS WITH VARIOUS PARTNERS TO CREATE SPECIALIZED, USER-DRIVEN, PRACTICAL SOLUTIONS TO REMOVE BARRIERS TO TRANSLATING THE BIBLE FASTER AND BETTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLEAR IS CREATING SOFTWARE TOOLS (CLEARSUITE WITH CLEARENGINE INSIDE) FOR BIBLE TRANSLATORS THAT WILL ALLOW THEM TO HAVE INSIGHTS INTO THE ORIGINAL GREEK AND HEBREW MANUSCRIPTS, FIND INCONSISTENCIES IN WORK PREVIOUSLY TRANSLATED AND PROVIDE SUGGESTIONS FOR FUTURE TEXTS TO BE TRANSLATED. THE CLEARSUITE ALSO MAKES CREATING ENHANCED RESOURCES LINKED TO THE ORIGINAL LANGUAGES MUCH EASIER AND MORE ACCESSIBLE TO BIBLE TRANSLATION TEAMS. CLEAR ALSO WORKED WITH SIL TO ESTABLISH A WORKING GROUP FOCUSED ON NATURAL LANGUAGE PROCESSING RESEARCH AND DEVELOPMENT. CLEAR BIBLE RECEIVED DONATED PROFESSIONAL SERVICES VALUED AT $75,625 IN 2021.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Brinker Senior Software Engineer | 40 | $118,586 | |
Randall Tan VP Innovation | 40 | $116,537 | |
Charles Lee Computational Linguist | 40 | $110,798 | |
John Sawyer CEO | Officer | 40 | $103,329 |
Alex Mosoiu COO | Officer | 32 | $58,843 |
Mike Otis Board Chairman | OfficerTrustee | 3.38 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,313,251 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,394,251 |
| Total Program Service Revenue | $0 |
| Investment income | $144 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,394,395 |
| 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. | $203,920 |
| Compensation of current officers, directors, key employees. | $64,053 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $434,121 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,029 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $490 |
| Fees for services: Accounting | $13,485 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $125,597 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $535,188 |
| Advertising and promotion | $8,255 |
| Office expenses | $10,000 |
| Information technology | $19,927 |
| Royalties | $0 |
| Occupancy | $4,257 |
| Travel | $17,019 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,253 |
| Interest | $96 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,599 |
| Insurance | $3,714 |
| All other expenses | $0 |
| Total functional expenses | $1,458,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,968 |
| Savings and temporary cash investments | $200,008 |
| Pledges and grants receivable | $1,842,700 |
| 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 | $500 |
| Net Land, buildings, and equipment | $2,069 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,145,245 |
| Accounts payable and accrued expenses | $110,591 |
| 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 | $110,591 |
| Net assets without donor restrictions | $284,654 |
| Net assets with donor restrictions | $1,750,000 |
| 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 | $2,145,245 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Clear Bible Inc has recieved totaling $15,533.
| Awarding Organization | Amount |
|---|---|
Lloyd And Mabel Johnson Foundation Brighton, MI PURPOSE: OPERATIONS | $15,000 |
Wallace And Irene Bronner Family Charitable Foundation Frankenmuth, MI PURPOSE: GENERAL UNRESTRICTED | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Traditions At Xenia Columbus, OH | $32,383,407 | $4,874,635 |
National Church Residences Columbus, OH | $16,885,667 | $5,504,474 |
St Paul Center For Biblical Theology Steubenville, OH | $10,127,636 | $11,748,558 |
Truth And Tidings Gospel Trust U S A Canton, MI | $502,983 | $5,982,784 |