Biblicaltraining Org FY2022 filing

Cusick, WA · Religious organization · Since 2000 · Religion

✓ Tax-deductible
Revenue
$857K
+39% vs prior year
Spent
$843K
To programs
25%
Net assets
$278K
By yearFY2020–FY2024
Revenue
$857K
FY2022▲ +39%
Revenue by fiscal year
FY2020$487K
FY2021$619K
FY2022$857K
FY2023$900K
FY2024$1.0M
FY2024$1.2M
Expenses
$843K
FY2022▲ +61%
Expenses by fiscal year
FY2020$447K
FY2021$523K
FY2022$843K
FY2023$967K
FY2024$772K
FY2024$678K
Net assets
$278K
FY2022▲ +5%
Net assets by fiscal year
FY2020$168K
FY2021$264K
FY2022$278K
FY2023$211K
FY2024$487K
FY2024$1.0M

From the FY2022 Form 990 (year ending September 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CBiblicaltraining Org
EINHdr · item D91-2091751
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 2002
Year of formationHdr · item L2000
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CCusick, WA
NTEE classificationIRS BMFReligion (X80)
WebsiteHdr · item Jbiblicaltraining.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.25 Management & general $0.62 Fundraising $0.13
Program services25%$213K
Management & general62%$524K
Fundraising13%$107K
Total functional expensesLn 25$843K

Financial health

Is it on solid ground?

Program efficiency
25%
of spending reaches programs
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$289K
FY2022▼ -22%
Total assets by fiscal year
FY2020$177K
FY2021$369K
FY2022$289K
FY2023$221K
FY2024$503K
FY2024$1.1M
Total liabilities
$11K
FY2022▼ -89%
Total liabilities by fiscal year
FY2020$9K
FY2021$105K
FY2022$11K
FY2023$10K
FY2024$15K
FY2024$22K
Revenue less expensesPt I · Ln 19$14K
Total assetsPt X · Ln 16$289K
Program-expense ratioPt IX · col B25%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$282K
Total assetsLn 16$289K
Total liabilitiesLn 26$11K
Total net assetsLn 32$278K
Months of cash on handcomputed4.0

Statement of Revenue

Part VIII
Contributions & grants$829K · 97%
Program service revenue$28K · 3%
Contributions & grants97%$829K
Program service revenue3%$28K
Investment income$6
Other revenue$347
Total revenueLn 12$857K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $282K · Operating expenses/yr $843K
4.0 months
Where the money goes
Program services
Program services $213K · Total expenses $843K
25%
Management & General
Management & general $524K · Total expenses $843K
62%
Fundraising
Fundraising $107K · Total expenses $843K
13%
Cost to raise $1
Fundraising expense (3-yr avg) $87K · Solicited contributions (3-yr avg) $601K
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $829K · Total revenue $857K
97%
Government reliance
Government grants — · Total revenue $857K
—
Earned-income share
Program service revenue $28K · Total revenue $857K
3%
Investment reliance
Investment income $6 · Total revenue $857K
<0.01%
Program self-sufficiency
Program service revenue $28K · Total expenses $843K
3%
Growth & trend
Revenue growth (YoY)
This year $857K · Prior year $619K
+39%
Net-asset trend (YoY)
End of year $278K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $857K · Expenses $843K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $289K
—
Net-asset ratio
Net assets $278K · Total assets $289K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $289K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Steve Sammons · Reported title CEO, DIRECTOR · Highest reported compensation $200K · Total expenses $843K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $430K · Total expenses $843K
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 25%——
Overhead ratio 62%——
Fundraising cost ratio 13%——
Revenue growth 39%——
Accounting fee ratio 5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
CEO, Director
$200,000Pt VII · Sec A
President, Director
$69,920Pt VII · Sec A
Chariman, Director
$0Pt VII · Sec A
Vice Chair, Director
$0Pt VII · Sec A
Treasurer, Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

William Mounce’s $103K as CEO is at the 52nd percentile of top reported officer pay among 1636 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Steven Sammons——$200,000———
Steve Sammons———$200,000$32,794—
William Mounce$103,456$97,600$69,920$69,920$65,803$58,552

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Biblicaltraining Org executive salaries →

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Governance & Policies

Part VI
  • 9Voting board membersPt VI · Ln 1a
  • 9Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides free Christian education to everyone worldwide.

Provided by the organization

This section is blank until Biblicaltraining Org claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $213K of program spending, described in the organization's own filed words · FY2021.
01

BIBLICALTRAINING.ORG launched a brand new website in november of 2022 which was built from the ground up featuring a new design and a more user-friendly experience. Biblicaltraining also launched a brand new app. The app has many upgrades from the previous app, one of which is the ability to listen to content while viewing other apps.

$213Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $1.0M$772K+17% 990 PDF
FY2023 $900K$967K+5% 990 PDF
FY2022 Viewing $857K$843K+39% 990 PDF
FY2021 $619K$523K+27% 990 PDF
FY2020 $487K$447K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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