Biblica Inc
- Assets
- $12.9m
- Revenue
- $27.6m
- Investments
- $250.3k
- Employees
- 57
- Location
- Colorado Springs, CO
- Founding
- 03/1994
- Data as of
- 09/2021
- EIN
- 84-1194554
Organization Overview
Biblica Inc is located in Colorado Springs, CO. The organization was established in 1994. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 09/2021, Biblica Inc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biblica 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 09/2021, Biblica Inc generated $27.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $24.1m during the year ending 09/2021. While expenses have increased by 7.2% per year over the past 7 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.
Since 2015, Biblica Inc has awarded 41 individual grants totaling $6,332,534. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BIBLICA, THE INTERNATIONAL BIBLE SOCIETY, IS A GLOBAL BIBLE MINISTRY, RELEASING THE WORLD'S MOST WIDELY READ SCRIPTURES FOR MAXIMUM GOSPEL IMPACT. NOW IN ITS THIRD CENTURY OF MISSION, BIBLICA CONTINUES TO PRODUCE RELEVANT AND RELIABLE SCRIPTURE TRANSLATIONS AND INNOVATIVE RESOURCES THAT POWER THE BIBLE MINISTRY OF HUNDREDS OF GLOBAL MISSION ORGANIZATIONS AND INVITE MILLIONS TO DISCOVER THE LOVE OF JESUS CHRIST. THE PRIMARY ACTIVITIES OF BIBLICA ARE TRANSLATION, INNOVATION, MOBILIZATION AND EQUIPPING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOBILIZE (FORMERLY GLOBAL MINISTRY): BIBLICA PROVIDES BIBLES AND BIBLE RESOURCES TO MINISTRY PARTNERS WHO HELP BROADEN THE REACH, ENGAGEMENT AND IMPACT OF SCRIPTURE WORLDWIDE. THESE RESOURCES SERVING RISING GENERATION AND THE FRONTLINE CHURCH, MINISTER TO AT-RISK YOUTH, PERSECUTED PEOPLE, THE BIBLELESS, CHURCH-PLANTERS AND PASTORS, TRAUMA VICTIMS AND MILLIONS OF OTHERS WHO NEED THE HOPE AND HEALING FOUND IN GOD'S WORD.
TRANSLATE (FORMERLY GLOBAL TRANSLATION): BIBLICA TRANSLATES THE FULL BIBLE INTO MAJOR SPOKEN LANGUAGES (DEFINED AS ONE MILLION-PLUS SPEAKERS) SO EVERYONE, EVERYWHERE CAN DISCOVER THE GOOD NEWS OF JESUS. BY FOCUSING PRIMARLY ON GATEWAY TRANSLATION LANGUAGES, THE ORGANIZATION CAN REACH OVER 70% OF THE WORLD'S POPULATION WITH THE TRUTHS OF SCRIPTURE
EQUIP: BIBLICA WORKS TO ACCELERATE THE EFFECTIVENESS OF THE ENTIRE BIBLE SECTOR THROUGH ACTIVITIES LIKE CUTTING-EDGE RESEARCH, MEASUREMENT AND EVALUATION, AND MASS MARKET DONOR ENGAGEMENT - ALL OF WHICH ARE DESIGNED TO MAXIMIZE BIBLE REACH AND BIBLE IMPACT THROUGHOUT THE WORLD
INNOVATE (FORMERLY GLOBAL INNOVATION): BIBLICA CURATES AND CREATES NEW TECHNOLOGIES TO IMPROVE THE SPEED, QUALITY AND ACCESSIBILITY OF SCRIPTURE TRANSLATIONS. BY UTILIZING ARTIFICAL INTELLIGENCE, MACHINE LEARNING AND DIGITAL SUPERHIGHWAYS, BIBLICA CAN EXPONENTIALLY INCREASE THE QUANTITY AND QUALITY OF ITS IMPACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geof Morin CEO | OfficerTrustee | 39 | $206,154 |
Bruce Trowbridge CFO & Treasurer | Officer | 39 | $156,584 |
Stephen Cave Svp-Translation | Officer | 39 | $155,917 |
Mark Finzel VP Of Digital Innovation | Officer | 40 | $144,487 |
Tracy Thomas Svp-Advancement & Asst Secretary | Officer | 39 | $164,140 |
Aaron Leclaire SVP - Impact | Officer | 39 | $159,997 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Candoris Technologies It Consulting | 9/29/21 | $705,600 |
The Pursuant Group Fundraising And Consulting | 9/29/21 | $1,159,301 |
Fuller Theological Seminary Digital Content Strategist | 9/29/21 | $654,496 |
Future City Now Strategic Partnership Mobilization | 9/29/21 | $696,014 |
Global Bible Initiative Inc Translation Acceleration Consultants | 9/29/21 | $623,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,446,885 |
| Investment income | $57,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,021 |
| Net Rental Income | $112,325 |
| 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 | $128,440 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,586,140 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,175,990 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,230,025 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,004,814 |
| Pension plan accruals and contributions | $111,483 |
| Other employee benefits | $900,398 |
| Payroll taxes | $317,582 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,946 |
| Fees for services: Accounting | $65,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $996,369 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,243,949 |
| Advertising and promotion | $5,134,213 |
| Office expenses | $346,408 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $174,117 |
| Travel | $800,057 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,238 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $502,465 |
| Insurance | $46,747 |
| All other expenses | $0 |
| Total functional expenses | $24,145,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,962,170 |
| Savings and temporary cash investments | $46,029 |
| Pledges and grants receivable | $270,997 |
| Accounts receivable, net | $1,471,046 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $196,591 |
| Prepaid expenses and deferred charges | $1,640,229 |
| Investments—publicly traded securities | $2,184,702 |
| Investments—other securities | $250,312 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,664 |
| Total assets | $12,948,977 |
| Accounts payable and accrued expenses | $1,722,666 |
| Grants payable | $0 |
| Deferred revenue | $78,286 |
| 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 | $1,328,272 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $122,209 |
| Total liabilities | $3,251,433 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $9,697,544 |
Grants Awarded
Over the last fiscal year, Biblica Inc has awarded $307,547 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNFOLDING WORD PURPOSE: Bible Ministry | $50,000 |
HOPE4MENA PURPOSE: Bible Ministry | $15,000 |
MARINE CORP RECRUITING PURPOSE: Bible Ministry | $10,800 |
BIBLICA MINISTRIES FOUNDATION PURPOSE: Bible Ministry | $231,747 |