Biblica Ministries Foundation

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

EIN: 841190575 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

Overview

What is Biblica Ministries Foundation?

Biblica Ministries Foundation is a nonprofit organization based in Colorado Springs, Colorado. Primarily, its role is to manage and administer investments, charitable trusts, and charitable gift annuities, ensuring the optimal use of resources for ministry grants to Biblica. The foundation's ultimate goal is to support Biblica and promote planned giving opportunities. Biblica, in turn, strives to provide the Bible in accurate, contemporary translations and formats, enabling more individuals worldwide to experience transformation through Jesus Christ. By doing so, the foundation plays a crucial role in expanding the reach of Biblica's mission.


Official website here: www.biblica.com/

Is Biblica Ministries Foundation legitimate?

Biblica Ministries Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biblica Ministries Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,044

For more financial information, click here


Official website here: www.biblica.com/

What is the mission statement of Biblica Ministries Foundation?

The Biblica Ministries Foundation exists with the purpose of supporting Biblica and facilitating planned giving opportunities. Biblica, on its own, is committed to providing the Bible in accurate, contemporary translations and formats, aiming to offer more individuals worldwide the chance to be transformed by Jesus Christ. The foundation manages and administrates investments, charitable trusts, and charitable gift annuities in a manner that maximizes resources for ministry grants to Biblica and charitable remaindermen.


Official website here: www.biblica.com/

Who is the CEO of Biblica Ministries Foundation?

David Bruce Trowbridge is the Ceo And President of Biblica Ministries Foundation. The CEO's salary of Biblica Ministries Foundation is $0 and their total compensation is $297,013.


Official website here: www.biblica.com/

What is the revenue of Biblica Ministries Foundation?

Biblica Ministries Foundation's revenue in 2021 was $550,730.


Official website here: www.biblica.com/

Who are the executives of Biblica Ministries Foundation and what are their salaries?

Here are 8 key members and their salaries (Biblica Ministries Foundation's CEO's salary is $0 and their total compensation is $297,013):

    Geof Morin (Ceo And President) [Trustee/Director]
  • Compensation: $0
  • Related: $206,154
  • Other: $90,859

    • Bruce Trowbridge (Cfo & Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $156,584
  • Other: $28,683

    • Tracy Thomas (Svp-Advancement & Asst Secretary)
  • Compensation: $0
  • Related: $164,140
  • Other: $7,738

    • Barry Flynn (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Bridges (Chairman Of Biblica, Inc.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Goodwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Hovda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.biblica.com/

    Where can I find the form 990 for Biblica Ministries Foundation?

    The Biblica Ministries Foundation’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.biblica.com/

    Learn more at the official website: www.biblica.com/

    Mission Statement of Biblica Ministries Foundation

    Biblica Ministries Foundation, with its mission at its core, is committed to supporting Biblica and fostering planned giving opportunities. Biblica, the organization it partners with, has a mission to provide the Bible in accurate, contemporary translations and formats, thereby enabling more individuals worldwide to be transformed by Jesus Christ. In alignment with Biblica's mission, Biblica Ministries Foundation manages and administers investments, charitable trusts, and charitable gift annuities, aiming to maximize resources for ministry grants to Biblica and charitable remaindermen. By doing so, the foundation ensures that Biblica can continue its vital work of spreading the Word of God across the globe.

    Impact

    This information is meant to be a general summary of Biblica Ministries Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Biblica Ministries Foundation's impact is significant in supporting Biblica and fostering planned giving opportunities. By managing and administering investments, charitable trusts, and charitable gift annuities effectively, the foundation maximizes resources for ministry grants to Biblica and charitable remaindermen. This allows Biblica to fulfill its mission of providing the Bible in accurate, contemporary translations and formats to reach more people around the world, enabling them to be transformed by Jesus Christ. Their work plays a vital role in spreading the message of faith and transforming lives globally.





    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 2021.

  • Investment Income: $172,041
  • Program Service Revenue: $0
  • Gross Receipts: $1,707,084

    • Assets and Liabilities:
  • Total Assets: $17,831,302
  • Total Liabilities: $9,630,821
  • Net Assets: $8,200,481
  • Organization Details

    Founding Year

    1991

    Principal Officer

    David Bruce Trowbridge

    Main Address

    1820 Jet Stream Drive, Colorado Springs, CO, 80921

    NTEE Category

    Code: X20 - Religion related

    If you are a representative of Biblica Ministries Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.