Global Bibletime is located in La Mirada, CA. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Bibletime 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 12/2022, Global Bibletime generated $125.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $166.5k during the year ending 12/2022. While expenses have increased by 18.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING PERIODICAL BIBLE BOOKS TO INDIVIDUALS AND ORGANIZATIONS WHO ARE INTERESTED IN READING OF THE WORD OF GOD. AND ALSO SUPPORTING MISSIONARIES AND ORPHANS IN WORLDWIDE.
Describe the Organization's Program Activity:
Part 3
PROVIDING PERIODICAL BIBLE BOOKS TO INDIVIDUALS AND ORGANIZATIONS WHO ARE INTERESTED IN READING OF THE WORD OF GOD
SUPPORTING MISSIONARIES AND ORPHANS IN WORLDWIDE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Seung Ho Hur President | 40 | $18,000 | |
Peter Chung CFO | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $40,749 |
Total Program Service Revenue | $85,175 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $125,924 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $18,000 |
Professional fees and other payments to independent contractors | $2,400 |
Occupancy, rent, utilities, and maintenance | $16,708 |
Printing, publications, postage, and shipping | $16,061 |
Other expenses | $41,121 |
Total expenses | $166,451 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $133,597 |
Other assets | $0 |
Total assets | $133,597 |
Total liabilities | $176,372 |
Net assets or fund balances | -$42,775 |