Bible Ministry Foundation Inc Of Usa
Bible Ministry Foundation Inc Of Usa maintains strong asset base with zero officer compensation and fluctuating but improving revenue.
EIN: 112920409 · Rockville, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $103K |
| Total Expenses | $87K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is Bible Ministry Foundation Inc Of Usa Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bible Ministry Foundation Inc Of Usa directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bible Ministry Foundation Inc Of Usa
Bible Ministry Foundation Inc Of Usa (EIN: 112920409) is a nonprofit organization based in Rockville, MD. The organization reported total revenue of $103K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bible Ministry Foundation Inc Of Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bible Ministry Foundation Inc Of Usa is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $87K |
| Surplus / Deficit | +$143K |
| Total Assets | $1.6M |
| Net Assets | $1.6M |
| Operating Margin | 62.1% |
| Months of Reserves | 223.4 months |
Financial Health Grade: A
In 2023, Bible Ministry Foundation Inc Of Usa reported a surplus of $143K with revenue exceeding expenses, holds 223.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Bible Ministry Foundation Inc Of Usa's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +333.6% | +32.8% | +9.7% |
| 2022 | -41.5% | +13.7% | -0.8% |
| 2021 | +32.9% | -7.7% | +2.1% |
| 2020 | -25.0% | +2.0% | +0.6% |
| 2019 | +65.7% | -15.6% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bible Ministry Foundation Inc Of Usa with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bible Ministry Foundation Inc Of Usa allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $143K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with assets exceeding $1.6 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bible Ministry Foundation Inc Of Usa's IRS 990 filings:
- NTEE Code is unknown, which can make it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Bible Ministry Foundation Inc Of Usa:
- Consistently reports 0% officer compensation, indicating strong commitment to mission.
- Maintains a substantial asset base (e.g., $1,675,286 latest assets) relative to its operational size.
- Consistently reports zero liabilities in most recent years, demonstrating strong financial solvency.
- Significant increase in revenue in the latest filing period (2023 revenue of $230,895).
- Expenses are well-managed and often significantly lower than revenue, particularly in 2023.
Frequently Asked Questions about Bible Ministry Foundation Inc Of Usa
Is Bible Ministry Foundation Inc Of Usa a legitimate charity?
Bible Ministry Foundation Inc Of Usa (EIN: 112920409) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $103K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Bible Ministry Foundation Inc Of Usa spend its money?
Bible Ministry Foundation Inc Of Usa directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bible Ministry Foundation Inc Of Usa tax-deductible?
Bible Ministry Foundation Inc Of Usa is registered as a tax-exempt nonprofit (EIN: 112920409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bible Ministry Foundation Inc Of Usa CEO make?
Bible Ministry Foundation Inc Of Usa's highest-compensated officer earns $1.6 annually. The organization reported $103K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bible Ministry Foundation Inc Of Usa's spending goes to programs?
Bible Ministry Foundation Inc Of Usa directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bible Ministry Foundation Inc Of Usa located?
Bible Ministry Foundation Inc Of Usa is headquartered in Rockville, Maryland and files with the IRS under EIN 112920409.
How many years of IRS 990 filings does Bible Ministry Foundation Inc Of Usa have?
Bible Ministry Foundation Inc Of Usa has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $103K in total revenue.
Is Bible Ministry Foundation Inc Of Usa a good charity?
Based on the available data, the organization appears to be a good charity. It maintains a strong asset base, consistently reports zero officer compensation, and has zero liabilities in most recent years, indicating sound financial health and a commitment to its mission.
How does the organization manage its expenses?
The organization consistently keeps its expenses well below its assets, and in many years, below its revenue, indicating prudent financial management. For example, in 2023, expenses were $87,468 against revenue of $230,895.
What is the trend in the organization's revenue?
Revenue has fluctuated over the years, ranging from a low of $51,684 in 2017 to a high of $230,895 in 2023. The most recent period shows a significant positive increase in revenue.
Does the organization have any debt?
The organization has reported $0 in liabilities for most of the recent filing periods, including 2023, 2022, 2021, 2019, 2018, 2017, 2016, 2015, and 2014, indicating a very healthy balance sheet.
Filing History
IRS 990 filing history for Bible Ministry Foundation Inc Of Usa showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bible Ministry Foundation Inc Of Usa's revenue has declined by 7.6%, moving from $250K to $231K. Total assets increased by 42.3% over the same period, from $1.1M to $1.6M. Total functional expenses rose by 128.2%, from $38K to $87K. In its most recent filing year (2023), Bible Ministry Foundation Inc Of Usa reported a surplus of $143K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $231K | $87K | $1.6M | $0 | — | View 990 |
| 2022 | $53K | $66K | $1.5M | $0 | — | View 990 |
| 2021 | $91K | $58K | $1.5M | $0 | — | View 990 |
| 2020 | $68K | $63K | $1.5M | $3K | — | — |
| 2019 | $91K | $62K | $1.5M | $0 | — | View 990 |
| 2018 | $55K | $73K | $1.4M | $0 | — | View 990 |
| 2017 | $52K | $82K | $1.4M | $0 | — | View 990 |
| 2016 | $52K | $94K | $1.5M | $0 | — | View 990 |
| 2015 | $84K | $74K | $1.5M | $0 | — | View 990 |
| 2014 | $83K | $31K | $1.5M | $0 | — | View 990 |
| 2013 | $141K | $25K | $1.5M | $0 | — | View 990 |
| 2012 | $245K | $47K | $1.3M | $0 | — | View 990 |
| 2011 | $250K | $38K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $231K, expenses of $87K, and assets of $1.6M (revenue +333.6% year-over-year).
- 2022: Revenue of $53K, expenses of $66K, and assets of $1.5M (revenue -41.5% year-over-year).
- 2021: Revenue of $91K, expenses of $58K, and assets of $1.5M (revenue +32.9% year-over-year).
- 2020: Revenue of $68K, expenses of $63K, and assets of $1.5M (revenue -25.0% year-over-year).
- 2019: Revenue of $91K, expenses of $62K, and assets of $1.5M (revenue +65.7% year-over-year).
- 2018: Revenue of $55K, expenses of $73K, and assets of $1.4M (revenue +6.6% year-over-year).
- 2017: Revenue of $52K, expenses of $82K, and assets of $1.4M (revenue -0.4% year-over-year).
- 2016: Revenue of $52K, expenses of $94K, and assets of $1.5M (revenue -37.9% year-over-year).
- 2015: Revenue of $84K, expenses of $74K, and assets of $1.5M (revenue +1.2% year-over-year).
- 2014: Revenue of $83K, expenses of $31K, and assets of $1.5M (revenue -41.6% year-over-year).
- 2013: Revenue of $141K, expenses of $25K, and assets of $1.5M (revenue -42.3% year-over-year).
- 2012: Revenue of $245K, expenses of $47K, and assets of $1.3M (revenue -2.1% year-over-year).
- 2011: Revenue of $250K, expenses of $38K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bible Ministry Foundation Inc Of Usa:
Data Sources and Methodology
This transparency report for Bible Ministry Foundation Inc Of Usa is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.