Civic Intelligence

Billy Graham Evangelistic Association

EIN 41-0692230 • 501(c)3 • Charlotte, NC

Profile

Form 990 - organization's mission or most significant activities part i, line 1, and part iii, line 1 bgea, mn is a non-profit subsidiary of the billy graham evangelistic association and exists to support its mission. The billy graham evangelistic association exists to support and extend the evangelistic calling and ministries of billy graham and franklin graham by proclaiming the gospel of the lord jesus christ to all we can by every effective means available to us and by equipping others to do the same. Bgea proclaims the gospel message: "god so loved the world that he gave his one and only son, that whoever believes in him shall not perish but have eternal life." (john 3:16) in mark 16:15, jesus said "go into all the world and preach the good news to all creation." we proclaim the gospel of jesus christ globally through a variety of communication tools and outreach events, including festivals and celebrations, tv and radio programs, print publications, the internet, and new creative

1 Billy Graham ParkwayCharlotte, NC 28201

www.billygraham.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.80x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

17.72x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

98th percentile

89%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

1st percentile

-57%

Faster asset growth than 1% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-96%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Assets

Down

$87,708,956

Down $117,709,597 (-57%) from 2013

Liabilities

Down

$69,740,236

Down $7,476,133 (-9.7%) from 2013

Net Assets

Down

$17,968,720

Down $110,233,464 (-86%) from 2013

Revenue

Down

$3,935,626

Down $102,572,694 (-96%) from 2013

Expenses

Down

$430,593

Down $98,383,511 (-100%) from 2013

Net Income

Down

$3,505,033

Down $4,189,183 (-54%) from 2013

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2010: $207,044,398Liabilities 2010: $79,098,533Net Assets 2010: $127,945,8652010Assets 2011: $199,503,614Liabilities 2011: $77,115,136Net Assets 2011: $122,388,4782011Assets 2012: $200,665,668Liabilities 2012: $76,682,621Net Assets 2012: $123,983,0472012Assets 2013: $205,418,553Liabilities 2013: $77,216,369Net Assets 2013: $128,202,1842013Assets 2014: $87,708,956Liabilities 2014: $69,740,236Net Assets 2014: $17,968,7202014

Highlighted filing

2014

Assets$87,708,956
Liabilities$69,740,236
Net Assets$17,968,720

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0Expenses 2010: $89,070,8262010Expenses 2011: $93,738,9572011Expenses 2012: $94,821,4812012Revenue 2013: $106,508,320Expenses 2013: $98,814,104Net Income 2013: $7,694,2162013Revenue 2014: $3,935,626Expenses 2014: $430,593Net Income 2014: $3,505,0332014

Highlighted filing

2014

Revenue$3,935,626
Expenses$430,593
Net Income$3,505,033

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 7, 2015
Return Version
2014v5.0
Gross Receipts
$88,764,581
Mission and Program Overview

Mission

Form 990 - organization's mission or most significant activities part i, line 1, and part iii, line 1 bgea, mn is a non-profit subsidiary of the billy graham evangelistic association and exists to support its mission. The billy graham evangelistic association exists to support and extend the evangelistic calling and ministries of billy graham and franklin graham by proclaiming the gospel of the lord jesus christ to all we can by every effective means available to us and by equipping others to do the same. Bgea proclaims the gospel message: "god so loved the world that he gave his one and only son, that whoever believes in him shall not perish but have eternal life." (john 3:16) in mark 16:15, jesus said "go into all the world and preach the good news to all creation." we proclaim the gospel of jesus christ globally through a variety of communication tools and outreach events, including festivals and celebrations, tv and radio programs, print publications, the internet, and new creative

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$63,369,839--
Savings and Temporary Cash Investments$33,312,231--
Accounts Receivable$1,023,264--
Inventories for Sale or Use$894,694--
Prepaid Expenses and Deferred Charges$791,254--
Investments Other Securities$644,870--
Investments Program Related-$500,000-
Pledges and Grants Receivable$466,902--
Cash and Non-Interest-Bearing Accounts$155,038--
Intangible Assets$63,642--
Total Assets$205,418,553$87,708,956▼ $117,709,597
Other Assets Total$104,696,819$87,208,956▼ $17,487,863
Liabilities
Other Liabilities$70,644,919$69,740,236▼ $904,683
Accounts Payable and Accrued Expenses$5,608,046--
Deferred Revenue$963,404--
Total Liabilities$77,216,369$69,740,236▼ $7,476,133
Net Assets / Fund Balance
Unrestricted Net Assets$107,034,687$13,518,398▼ $93,516,289
Temporarily Rstr Net Assets$16,876,700$4,248,427▼ $12,628,273
Permanently Rstr Net Assets$4,290,797$201,895▼ $4,088,902
Total Net Assets Fund Balance$128,202,184$17,968,720▼ $110,233,464
Total Liabilities and Net Assets / Fund Balance$205,418,553$87,708,956▼ $117,709,597

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$87,208,956--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Wm Franklin Graham IiiDir/pres./pr$258,677$258,677
Billy GrahamDir./chair.$242,934$242,934
David P BruceDir./asst. B$218,545$218,545
Daniel C AllenSecretary/VP$214,212$214,212
Clifford B BarrowsVice Chairma$199,337$199,337
Wm Franklin Graham IvDir/1stvicec$177,568$177,568
Joseph M Stowell IiiDir./prof. S$6,000$6,000

Board Members and Trustees

NameTitle
Melvin F GrahamDir./chair E
Billy GrahamDir./chair. Emeritus
Wm Franklin Graham IvDir/1stvicechair/VP
Clifford B BarrowsVice Chairman/music
Anne Graham LotzDirector
Charles O Morgan JrDirector
George E Battle JrDirector
Greg LaurieDirector
Hon Stephen E MerrillDirector
J Frank Harrison IiiDirector
Paul T SaberDirector
Denton LotzDirector Par
Graeme M KeithAsst. Treasu
Steve DobbinsCFO
David P BruceDir./asst. B. Graham
William B PaulsDir./treasur
Wm Franklin Graham IiiDir/pres./pres./CEO
Daniel C AllenSecretary/VP Corp.
Joel B AarsvoldVP Corp Ptyr

Highest Paid Contractors

ContractorServicesLocationCompensation
Loomis Sayles & Co LPInvestment MgrONE FINANCIAL CENTER, Boston, MA 02111$102,508
Revenue and Support

Revenue Composition

Contributions and Grants
$1,306,818
Program Service Revenue
$0
Investment Income
$2,628,808
Other Revenue
$0
All Other Contributions
$1,085,219
Change in Net Assets
$3,505,033

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded15$583,002Fair Market Value
Total Noncash Contributions15$583,002-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$281,393
Other Expenses$149,200
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$281,393--$281,393
Fees for Service Investment Mgmnt Fees-$149,200-$149,200
Total Functional Expenses$281,393$149,200$0$430,593
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Billy Graham Evangelistic AssocCharlotte, NC501c3Evangelistic Ministr$281,393
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Annuity Payable$42,299,509
Revocable Trust Agreements$16,705,543
Deferred Giving Funds Due to Others$10,735,184
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 1A

Bgea, mn pursuant to its bylaws has appointed an executive committee, currently with ten members. The committee chairman is an independent board member. The executive committee holds periodic meetings between the board of directors meetings to act on behalf of the board of directors, except for matters precluded by the bylaws. The full board of directors ratifies any actions taken by the executive committee.

Form 990, Page 6, Part VI, Line 2

Billy graham wm. Franklin graham, iii chair emerit chair/pres family relationship billy graham wm. Franklin graham, iv chair emerit dir/1stvicec family relationship billy graham anne graham lotz chair emerit director family relationship wm. Franklin graham, iii wm. Franklin graham, iv chair/pres dir/1stvicec family relationship wm. Franklin graham, iii anne graham lotz chair/pres director family relationship

Form 990, Page 6, Part VI, Line 11B

Bgea, mn's return is prepared and reviewed by members of the staff including the legal department, internal audit, cfo, vp of corporate affairs, certain vice presidents, and the ceo. The return is then reviewed by the independent audit firm of cherry bekaert llp. The return is next reviewed by the audit committee and provided and receipt confirmed to the full board of directors before it is filed with the irs.

Form 990, Page 6, Part VI, Line 12C

Bgea,mn's conflict of interest policy covers all "responsible persons", which includes any board member, officer, divisional vice presidents or member of management staff who have a material financial interest in the transaction. Disclosure statements are submitted by these individuals on an annual basis, as well as throughout the year as a situation may arise. A summary of potential conflicts disclosed by board members, officers and divisional vice presidents is reported to the board audit committee for review. Restrictions imposed on persons involved in transactions with a potential conflict include prohibiting them from participating in the board of directors or committee deliberations and approval of the transaction. Throughout the year, internal audit and legal staff monitor the addition of new board members and the hiring of new employees whose position may allow them to have a material financial interest in a transaction. Disclosure statements are requested and received from these individuals. Potential conflicts, if any, are reported to the board audit committee. The process for review of transactions with potential conflicts varies based on the individual with the conflict. If a person is a staff member and is not a disqualified person, any proposed transaction that may be a conflict of interest must be reviewed and approved by the ceo or his designee. All material terms and conditions of the transaction shall be described in writing and provided to the ceo prior to entering into the transaction. The ceo will review the transaction to determine if it is fair and in the best interest of bgea, mn. If the person with the potential conflict of interest is a disqualified person, the responsible person will provide all material terms and conditions to the ceo in writing. The ceo will forward such information to the compensation committee chairman for review and decision by the compensation committee prior to consummation of the transaction. The transaction shall only be permitted if the compensation committee determines that: the conflicting interest is fully disclosed; the responsible person with the conflict is excluded from the discussion and approval of such transaction by the compensation committee; and the transaction is fair and in the best interest of bgea, mn by the use of a comparable valuation or competitive bid. The compensation committee chairman will present the material facts of the transaction to the full board of directors for ratification. If the ceo or his family is the one with the potential conflict of interest, then the initial disclosure shall be made directly to the compensation committee chairman by the vice president of corporate affairs. Using the same criteria listed above, the compensation committee will review and decide if the transaction is fair and in the best interests of bgea, mn. The compensation committee chairman will present the material facts of the transaction to the full board of directors for ratification. If the conflict involves a grant, payment or benefit to another 501(c)(3) organization within the exempt purposes of bgea, mn, the material terms of such transactions will be submitted to the finance committee for review at such committee's periodic meetings and annually submitted to the board of directors for review and ratification.

Form 990, Page 6, Part VI, Line 15A

Although bgea, mn does not have any employees, in the event that it hires any employees, the process for determining compensation will include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. As for the compensation paid by the related organization billy graham evangelistic association, the board of the association has appointed a compensation committee who reviews the compensation of its officers and key employees, and bases the compensation on comparability data as described in the form 990 for billy graham evangelistic association.

Form 990, Page 6, Part VI, Line 15B

See the response for line 15a.

Form 990, Page 6, Part VI, Line 19

Bgea, mn's articles of incorporation, conflict of interest policy, and the audited annual report are provided upon request and available for inspection at our office in charlotte, nc. The audited annual report is also posted on our website.

Form 990, Part VII

The other compensation reported in column f includes ministers housing allowance which is non-taxable for the following persons : billy graham, david p. Bruce, wm. Franklin graham, iv, clifford b. Barrows. The reportable compensation for billy graham includes support costs of 73,209 for dr. Graham that are required for him to continue to serve and perform his duties and responsibilities for the billy graham evangelistic association, as approved by the board of directors. The reportable compensation for joseph m. Stowell, iii is a payment for speaking at the cove.

Filing and Contact Details

Filer

Filer Name
Bgea Mn
EIN
41-0692230
Phone
7044012432
Address
1 BILLY GRAHAM PARKWAY, CHARLOTTE, NC 28201

Signing Officer

Name
Steve Dobbins
Title
CFO
Phone
7044012432
Signed
2015-08-07

Organization Details

Principal Officer
Franklin Graham
Formed
1950
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
10
Employees
0
Volunteers
10
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Form 990 - organization's mission or most significant activities part i, line 1, and part iii, line 1 bgea, mn is a non-profit subsidiary of the billy graham evangelistic association and exists to support its mission. The billy graham evangelistic association exists to support and extend the evangelistic calling and ministries of billy graham and franklin graham by proclaiming the gospel of the lord jesus christ to all we can by every effective means available to us and by equipping others to do the same. Bgea proclaims the gospel message: "god so loved the world that he gave his one and only son, that whoever believes in him shall not perish but have eternal life." (john 3:16) in mark 16:15, jesus said "go into all the world and preach the good news to all creation." we proclaim the gospel of jesus christ globally through a variety of communication tools and outreach events, including festivals and celebrations, tv and radio programs, print publications, the internet, and new creative media. Since 1950, bgea has taken the gospel of jesus christ to the ends of the earth. We believe that the problems facing our world today - economically, politically, and racially - are the direct result of human sin. The bible, which we believe is the only inspired word of god, states that "all have sinned and fall short of the glory of god." (romans 3:23) sin separates us from god: "the wages of sin is death" (romans 6:23), and as a result, the whole earth and everything in it are under god's curse. There is good news, and we proclaim it to anyone and everyone who will hear. God sent his son, jesus christ, from heaven to earth to take our sins upon himself. He paid the penalty for our sins by dying in our place on the cross, and then he rose again to life. Jesus opened the way for us to know god. We believe that jesus is the only way to god, and he said himself, "i am the way and the truth and the life. No one comes to the father except through me." (john 14:6) no other lifestyle, religion, or philosophy can bring you to god. Every outreach of bgea proclaims this profound truth and invites men, women, and children across the globe to turn from their sin and find forgiveness and eternal life in jesus christ. If you do not have peace with god, you can find it right now. Simply pray this prayer and receive jesus christ as your lord and savior: "dear lord jesus, i know that i am a sinner, and i ask for your forgiveness. I believe you died for my sins and rose from the dead. I turn from my sins and invite you to come into my heart and life. I want to trust and follow you as my lord and savior. In your name, amen." if you prayed this prayer - or would like to speak with someone about spiritual questions - please call us at 1-877-247 -2426. We have some materials we would like to send to help you on your journey of faith.

Form 990, Page 1, Part I, Line 6

The volunteers listed for the bgea,mn are the board of directors who are nonemployees.

Form 990, Page 2, Part III, Line 3

Effective january 1, 2014, the organization transferred the substance of its ministry operations and most of its assets, with certain exceptions relating to planned giving arrangements such as charitable gift annuities and donor-established trusts, to billy graham evangelistic association, a north carolina nonprofit corporation (fed tax id 45-2588350). Also, the organization's name was changed bgea, mn and it now exists as non-profit subsidiary of the billy graham evangelistic association.

Form 990, Part XI, Line 9

Change in value of annuities and trusts 1,047,877 transfer to billy graham evang assoc 111,844,850

Financial Statement Notes

Schedule D, Page 3, Part X

As required by u.s. Generally accepted accounting principles pertaining to uncertain tax positions, bgea, mn records a liability for any tax positions taken that is beneficial to bgea, mn, including any related interest and penalites, when it is more likely than not the position taken by management will be overturned by a taxing authority upon examination. Management believes there are no such positions as of december 31, 2014 and 2013, and accordingly, no liability has been accrued. Bgea, mn is generally no longer subject to examination by taxing authorities for years before 2011.

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IRS990/MissionDesc0FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES PART I, LINE 1, AND PART III, LINE 1 BGEA, MN IS A NON-PROFIT SUBSIDIARY OF THE BILLY GRAHAM EVANGELISTIC ASSOCIATION AND EXISTS TO SUPPORT ITS MISSION. THE BILLY GRAHAM EVANGELISTIC ASSOCIATION EXISTS TO SUPPORT AND EXTEND THE EVANGELISTIC CALLING AND MINISTRIES OF BILLY GRAHAM AND FRANKLIN GRAHAM BY PROCLAIMING THE GOSPEL OF THE LORD JESUS CHRIST TO ALL WE CAN BY EVERY EFFECTIVE MEANS AVAILABLE TO US AND BY EQUIPPING OTHERS TO DO THE SAME. BGEA PROCLAIMS THE GOSPEL MESSAGE: "GOD SO LOVED THE WORLD THAT HE GAVE HIS ONE AND ONLY SON, THAT WHOEVER BELIEVES IN HIM SHALL NOT PERISH BUT HAVE ETERNAL LIFE." (JOHN 3:16) IN MARK 16:15, JESUS SAID "GO INTO ALL THE WORLD AND PREACH THE GOOD NEWS TO ALL CREATION." WE PROCLAIM THE GOSPEL OF JESUS CHRIST GLOBALLY THROUGH A VARIETY OF COMMUNICATION TOOLS AND OUTREACH EVENTS, INCLUDING FESTIVALS AND CELEBRATIONS, TV AND RADIO PROGRAMS, PRINT PUBLICATIONS, THE INTERNET, AND NEW CREATIVE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS REQUIRED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PERTAINING TO UNCERTAIN TAX POSITIONS, BGEA, MN RECORDS A LIABILITY FOR ANY TAX POSITIONS TAKEN THAT IS BENEFICIAL TO BGEA, MN, INCLUDING ANY RELATED INTEREST AND PENALITES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2014 AND 2013, AND ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. BGEA, MN IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE METHOD USED FOR MONITORING GRANT ACTIVITIES IN THE UNITED STATES VARIES BASED ON SEVERAL FACTORS INCLUDING THE SIZE OF THE GRANT, WHETHER THE GRANT WAS A GENERAL OPERATING GRANT OR FOR A SPECIFIC PROJECT, AND THE ORGANIZATION RECEIVING THE FUNDING. SPECIFIC STEPS COULD INCLUDE: REVIEW OF FINANCIAL INFORMATION, REVIEW OF PROGRAM RESULTS AND ACTIVITIES, DISCUSSIONS WITH KEY MINISTRY PERSONNEL, AND SITE VISITS OR REVIEW OF SAMPLE PROJECT MATERIALS (I.E. BIBLES OR OTHER EVANGELISTIC MATERIALS PRODUCED).
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