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Institute In Basic Life Principles

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 366108515 ✦ Big sandy, TX ✦ Designated as a 501(c)(3)

Overview

What is Institute In Basic Life Principles?

The Institute in Basic Life Principles is a nonprofit organization situated in Big Sandy, Texas. Established with the mission to introduce individuals to Jesus Christ, it offers clear instruction and training to individuals, families, churches, schools, communities, and businesses on how to achieve success by adhering to God's principles as outlined in scripture. In 2022, they conducted family conferences and a family camp, offering biblical teaching and training for both youths and adults. These events were also live-streamed, allowing participation from people across the United States and globally. The organization employs a staff of 101 individuals.


Official website here: www.iblp.org

Is Institute In Basic Life Principles legitimate?

Institute In Basic Life Principles is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute In Basic Life Principles submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $244,694
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,704,295

For more financial information, click here


Official website here: www.iblp.org

What is the mission statement of Institute In Basic Life Principles?

The Institute in Basic Life Principles was established with the primary objective of introducing individuals to Jesus Christ. It is committed to providing clear instruction and training to individuals, families, churches, schools, communities, and businesses, guiding them towards success by adhering to God's principles as outlined in scripture. This mission is primarily achieved through seminars, educational programs, printed literature, and the operation of centers to facilitate training.


Official website here: www.iblp.org

Who is the CEO of Institute In Basic Life Principles?

Tim Levendusky is the Secretary of Institute In Basic Life Principles.


Official website here: www.iblp.org

What is the revenue of Institute In Basic Life Principles?

Institute In Basic Life Principles's revenue in 2022 was $4,556,964.


Official website here: www.iblp.org

Who are the executives of Institute In Basic Life Principles and what are their salaries?

The average compensation at Institute In Basic Life Principles during 2022 was $19,297. There are 101 employees and 50 volunteers at Institute In Basic Life Principles.

Here are 5 key members and their salaries:

    Robert Barth (Secretary)
  • Compensation: $108,417
  • Related: $0
  • Other: $5,267

    • Ben Ziesemer (Treasurer)
  • Compensation: $76,263
  • Related: $0
  • Other: $445

    • Tim Levendusky (President) [Trustee/Director]
  • Compensation: $50,666
  • Related: $0
  • Other: $1,636

    • Gil Bates (Board Member) [Trustee/Director]
  • Compensation: $1,000
  • Related: $0
  • Other: $0

    • David York (Board Member) [Trustee/Director]
  • Compensation: $1,000
  • Related: $0
  • Other: $0


  • Official website here: www.iblp.org

    Where can I find the form 990 for Institute In Basic Life Principles?

    The Institute In Basic Life Principles’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.iblp.org

    Learn more at the official website: www.iblp.org

    Mission Statement of Institute In Basic Life Principles

    The Institute in Basic Life Principles, established with the intent to introduce individuals to Jesus Christ, is dedicated to providing clear instruction and training to individuals, families, churches, schools, communities, and businesses. This nonprofit organization aims to help these entities find success by following God's principles as outlined in Scripture. It accomplishes its mission primarily through seminars, educational programs, printed literature, and the operation of centers that facilitate training.

    Impact

    This information is meant to be a general summary of Institute In Basic Life Principles. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Institute In Basic Life Principles has had a significant impact on individuals, families, churches, schools, communities, and businesses by providing clear instruction and training on how to find success by following God's principles found in scripture. Through seminars, educational programs, printed literature, and the operation of training centers, the organization has successfully introduced people to the Lord Jesus Christ and helped them integrate faith-based principles into their lives. The Institute's activities, including family conferences and a family camp, have reached a wide audience both in the U.S. and worldwide through live-streaming, making their teachings accessible to a global community seeking spiritual guidance and practical wisdom.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,543,716
  • Program Service Revenue: $1,360,580
  • Gross Receipts: $4,727,568

    • Assets and Liabilities:
  • Total Assets: $51,386,340
  • Total Liabilities: $678,344
  • Net Assets: $50,707,996
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PUBLICATIONS/LITERATURE SALES

    Revenue

    $734,531

    SEMINAR/CONFERENCE FEES

    Revenue

    $481,393

    TRAINING COURSES

    Revenue

    $144,734

    INTERNATIONAL PROGRAMS

    Revenue

    $-78

    Organization Details

    Founding Year

    1961

    Principal Officer

    Tim Levendusky

    Main Address

    ONE ACADEMY BLVD, BIG SANDY, TX, 75755

    NTEE Category

    Code: X200 - Religion related

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