Inspire Bible Corporation
- Assets
- $85.6k
- Revenue
- $319.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Bethany, OK
- Founding
- 12/2019
- Data as of
- 12/2020
- EIN
- 84-2577542
Organization Overview
Inspire Bible Corporation is located in Bethany, OK. The organization was established in 2019. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Inspire Bible Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspire Bible Corporation 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 12/2020, Inspire Bible Corporation generated $319.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 50.7% each year . All expenses for the organization totaled $290.7k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE CHRIST-CENTERED BIBLE EXPLORATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRIST-CENTERED BIBLE EXPLORATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tj Yates Vice President, Chairman | OfficerTrustee | 40 | $77,750 |
Michael Mcafee President | OfficerTrustee | 32 | $64,285 |
Ruth Maholtra Board Member | Trustee | 1 | $0 |
Chris Wall Board Member | Trustee | 1 | $0 |
Rashawn Copeland Board Member | Trustee | 1 | $0 |
Dale Brantner Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,394 |
| Related organizations | $0 |
| Government grants | $23,647 |
| All other contributions, gifts, grants, and similar amounts not included above | $295,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $332,941 |
| Total Program Service Revenue | $20,069 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$33,301 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $319,709 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250 |
| 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. | $184,888 |
| Compensation of current officers, directors, key employees. | $36,978 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,500 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,305 |
| Fees for services: Accounting | $1,570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,366 |
| Advertising and promotion | $10,492 |
| Office expenses | $11,602 |
| Information technology | $5,950 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,752 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,586 |
| Interest | $32 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,429 |
| All other expenses | $0 |
| Total functional expenses | $290,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,631 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $43,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $85,631 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $85,631 |
| Total liabilities and net assets/fund balances | $85,631 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Inspire Bible Corporation has recieved totaling $329,000.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: RELIGIOUS MINISTRY | $329,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Rachal Foundation Corpus Christi, TX | $646,089,771 | $106,764,115 |
Glory Of Zion International Ministries Inc Denton, TX | $19,221,752 | $22,884,653 |
Emmaus Calling Inc Lakeway, TX | $82,731,037 | $15,260,002 |
Evelyn Rubenstein Jewish Community Center Of Houston Texas Houston, TX | $63,544,592 | $32,335,855 |
Southern Oklahoma Memorial Foundation Inc Ardmore, OK | $106,106,910 | $11,493,167 |
El Paso Center For Children Inc El Paso, TX | $2,932,170 | $7,098,518 |
Ssm Health Foundation St Louis St Louis, MO | $35,477,442 | $11,468,412 |
Adult & Teen Challenge Of Texas San Antonio, TX | $11,283,106 | $8,543,774 |
Project Vida El Paso, TX | $4,738,725 | $6,974,845 |
Missouri Baptist Childrens Home Bridgeton, MO | $28,799,310 | $5,163,780 |
Promise Keepers Colorado Springs, CO | $314,391 | $4,644,365 |
Mesa Valley Community School Grand Junction, CO | $4,974,586 | $4,247,839 |