Bible Study Fellowship
- Assets
- $19.1m
- Revenue
- $25.5m
- Investments
- $0.0
- Employees
- 124
- Location
- San Antonio, TX
- Founding
- 08/1960
- Data as of
- 08/2023
- EIN
- 94-1514010
Organization Overview
Bible Study Fellowship is located in San Antonio, TX. The organization was established in 1960. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 08/2023, Bible Study Fellowship employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bible Study Fellowship 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 08/2023, Bible Study Fellowship generated $25.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $27.2m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bible Study Fellowship has awarded 14 individual grants totaling $14,505,377. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GLOBAL IN-DEPTH BIBLE CLASSES PRODUCING PASSIONATE COMMITMENT TO CHRIST, HIS WORD, AND HIS CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIBLE STUDY FELLOWSHIP (BSF) OPERATES 1,385 CLASSES PLUS 6,918 SATELLITE DISCUSSION GROUPS WHERE MEMBERS MEET WEEKLY FOR IN-DEPTH BIBLE STUDY. THESE CLASSES AND GROUPS MEET IN 36 DIFFERENT COUNTRIES. IN ADDITION, BSF HOSTS 1,976 ONLINE DISCUSSION GROUPS THAT ALLOW CLASS MEMBERS IN 166 DIFFERENT COUNTRIES TO PARTICIPATE IN WEEKLY SMALL GROUP DISCUSSIONS OVER THEIR COMPUTER OR CONNECTED DEVICES. THESE ONLINE DISCUSSION GROUPS HAVE GROWN OUT OF BSF'S STRATEGIC INVESTMENT IN TECHNOLOGY AND DIGITAL OPTIONS AS THEY SEEK TO REACH PEOPLE OF ALL AGES, RACES, COUNTRIES, AND CULTURES WITH IN-DEPTH BIBLE STUDY. THE ORGANIZATION'S MISSION IS GLOBAL, IN-DEPTH BIBLE CLASSES PRODUCING PASSIONATE COMMITMENT TO CHRIST, HIS WORD, AND HIS CHURCH. THEIR VISION IS TO MAGNIFY GOD AND MATURE HIS PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chairman / Chairman | OfficerTrustee | 4 | $0 |
Name Not Listed Chairman (part Year) | OfficerTrustee | 4 | $0 |
Name Not Listed Executive Director | OfficerTrustee | 30 | $217,978 |
Name Not Listed Treasurer | OfficerTrustee | 4 | $0 |
Name Not Listed Secretary | OfficerTrustee | 4 | $0 |
Name Not Listed Director (part Year) | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Levy Premium Foodservice Llc Training Event Costs - Food Services | 8/30/23 | $705,502 |
Loews Hotels Service Corporation Training Event Costs - Lodging And Meeting Space | 8/30/23 | $537,319 |
Gulf Business Printing Inc Printing Services | 8/30/23 | $509,444 |
New Value Solutions Group Inc Outsource It/cio And Software Development | 8/30/23 | $5,634,574 |
Zoom Video Communications Inc Zoom Video Costs | 8/30/23 | $375,065 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $22,060 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,730,235 |
| Noncash contributions included in lines 1a–1f | $384,771 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,752,295 |
| Total Program Service Revenue | $0 |
| Investment income | $11,841 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$199,526 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,520,451 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| 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. | $476,389 |
| Compensation of current officers, directors, key employees. | $118,588 |
| Compensation to disqualified persons | $1,300 |
| Other salaries and wages | $8,288,064 |
| Pension plan accruals and contributions | $281,100 |
| Other employee benefits | $943,665 |
| Payroll taxes | $635,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,335 |
| Fees for services: Accounting | $18,792 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,721 |
| Fees for services: Other | $781,084 |
| Advertising and promotion | $0 |
| Office expenses | $1,533,909 |
| Information technology | $4,140,759 |
| Royalties | $0 |
| Occupancy | $984,938 |
| Travel | $515,863 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,463,037 |
| Insurance | $458,268 |
| All other expenses | $208,283 |
| Total functional expenses | $27,152,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $845,463 |
| Savings and temporary cash investments | $1,907,314 |
| Pledges and grants receivable | $141,732 |
| Accounts receivable, net | $11,315 |
| 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 | $697,782 |
| Net Land, buildings, and equipment | $14,712,102 |
| Investments—publicly traded securities | $431,673 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $43,569 |
| Other assets | $310,580 |
| Total assets | $19,101,530 |
| Accounts payable and accrued expenses | $744,884 |
| 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 | $5,442,541 |
| Total liabilities | $6,187,425 |
| Net assets without donor restrictions | $12,536,486 |
| Net assets with donor restrictions | $377,619 |
| 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 | $19,101,530 |
Grants Awarded
Over the last fiscal year, Bible Study Fellowship has awarded $262,222 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BSF GLOBAL IMPACT CORP PURPOSE: Ministry support | $145,929 |
BSF INTERNATIONAL LLC PURPOSE: Ministry support | $116,293 |