Civic Intelligence

Bibleproject

990 • Fiscal year 2020 • EIN 46-4277592

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 26, 2021

1302 SE AnkenyPortland, OR 97214

(503) 753-5674

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.04x

Higher debt load relative to assets than 23% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

12th percentile

0.03x

Higher debt load relative to revenue than 12% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

52nd percentile

$178,840

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

93rd percentile

73%

Faster asset growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

74%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$13,189,989

Up $5,561,543 (+73%) from 2019

Net Assets

Up

$12,694,534

Up $5,430,038 (+75%) from 2019

Liabilities

Up

$495,455

Up $131,505 (+36%) from 2019

Revenue

Up

$15,619,723

Up $6,655,166 (+74%) from 2019

Expenses

Up

$10,436,714

Up $2,900,684 (+38%) from 2019

Net Income

Up

$5,183,009

Up $3,754,482 (+263%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2014: $69,343Liabilities 2014: $672014Assets 2015: $437,984Liabilities 2015: $3,111Net Assets 2015: $434,8732015Assets 2016: $907,459Liabilities 2016: $21,696Net Assets 2016: $885,7632016Assets 2017: $2,234,231Liabilities 2017: $92,236Net Assets 2017: $2,141,9952017Assets 2018: $6,190,967Liabilities 2018: $190,599Net Assets 2018: $6,000,3682018Assets 2019: $7,628,446Liabilities 2019: $363,950Net Assets 2019: $7,264,4962019Assets 2020: $13,189,989Liabilities 2020: $495,455Net Assets 2020: $12,694,5342020Assets 2021: $19,337,147Liabilities 2021: $792,578Net Assets 2021: $18,544,5692021Assets 2022: $22,318,162Liabilities 2022: $2,370,668Net Assets 2022: $19,947,4942022Assets 2023: $26,312,510Liabilities 2023: $1,790,203Net Assets 2023: $24,522,3072023

Highlighted filing

2020

Assets$13,189,989
Liabilities$495,455
Net Assets$12,694,534

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2014: $133,128Expenses 2014: $70,527Net Income 2014: $62,6012014Revenue 2015: $891,559Expenses 2015: $525,962Net Income 2015: $365,5972015Revenue 2016: $1,731,403Expenses 2016: $1,280,513Net Income 2016: $450,8902016Revenue 2017: $3,901,477Expenses 2017: $2,645,246Net Income 2017: $1,256,2312017Revenue 2018: $7,082,909Expenses 2018: $3,674,412Net Income 2018: $3,408,4972018Revenue 2019: $8,964,557Expenses 2019: $7,536,030Net Income 2019: $1,428,5272019Revenue 2020: $15,619,723Expenses 2020: $10,436,714Net Income 2020: $5,183,0092020Revenue 2021: $22,459,717Expenses 2021: $16,609,682Net Income 2021: $5,850,0352021Revenue 2022: $14,590,233Expenses 2022: $16,176,637Net Income 2022: -$1,586,4042022Revenue 2023: $26,756,674Expenses 2023: $22,874,979Net Income 2023: $3,881,6952023

Highlighted filing

2020

Revenue$15,619,723
Expenses$10,436,714
Net Income$5,183,009
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 26, 2021
Return Version
2020v4.1
Gross Receipts
$16,209,710
Mission and Program Overview

Mission

Bibleproject's mission is to help people experience the bible as a unified story that leads to jesus. This is achieved by creating biblical videos to be regularly released on a newly-created youtube channel. (continued on schedule o.)each video covers a portion or area of the bible, explaining the content and related common themes/narratives. These videos are useful in a variety of settings, including individuals spending time watching on the internet for their own education, churches in various gatherings, study groups, and schools that have bible literature classes.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,418,086$6,709,858▲ $3,291,772
Cash and Non-Interest-Bearing Accounts$1,535,386$3,143,013▲ $1,607,627
Intangible Assets$1,507,733$1,862,979▲ $355,246
Land, Buildings, and Equipment, Net$661,609$968,003▲ $306,394
Inventories for Sale or Use$180,824$299,910▲ $119,086
Prepaid Expenses and Deferred Charges$247,421$196,546▼ $50,875
Accounts Receivable$77,387$9,680▼ $67,707
Total Assets$7,628,446$13,189,989▲ $5,561,543
Liabilities
Accounts Payable and Accrued Expenses$363,950$495,455▲ $131,505
Total Liabilities$363,950$495,455▲ $131,505
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,264,496$12,446,382▲ $5,181,886
Net Assets With Donor Restrictions$0$248,152▲ $248,152
Total Net Assets Fund Balance$7,264,496$12,694,534▲ $5,430,038
Total Liabilities and Net Assets / Fund Balance$7,628,446$13,189,989▲ $5,561,543

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$564,905$131,382$696,287
Buildings$403,098$196,307$599,405
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim MackieSecretary/directorFT$156,397$22,443$178,840
Jonathan CollinsPresident/directorFT$155,347$21,544$176,891
Steve AtkinsonCEOFT$154,848$18,055$172,903
Josh EddlemanChief People OfficerFT$140,209$21,840$162,049
Jon DobsonCTOFT$123,196$22,451$145,647
Joel PaulCFOFT$115,713$7,840$123,553
Rudy BellaniCOOFT$54,797$6,562$61,359

Board Members and Trustees

NameTitle
Gerry E BreshearsDirector
Janice MunemitsuDirector
Karen HowellsDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
The Snapshot Group INCDevelopment, Design, Project MaintenancePO BOX 3115, Central Point, OR 97502, Hk$863,267
Fisherman Labs LLCApp Development10736 JEFFERSON BLVD 349, Culver City, CA 90230$581,224
Right Systems INCIt Networking & ConsultingPO BOX 11626, Tacoma, WA 98411$360,037
AmplifierShipping And Storing MerchandisePO BOX 17969, Austin, TX 78760$291,209
RegentPrinting Services-$239,571
Revenue and Support

Revenue Composition

Contributions and Grants
$15,800,269
Program Service Revenue
$0
Investment Income
$28,302
Other Revenue
$-208,848
All Other Contributions
$15,800,269
Change in Net Assets
$5,183,009

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,619,723
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$588,864
Total Revenue per Audited Statements
$16,208,587
Total Revenue per Form 990
$15,619,723
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,705,563
Salaries, Compensation, and Employee Benefits$4,731,151
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,231,226$456,838-$2,688,064
Fees for Services Other$2,387,170$49,153-$2,436,323
Depreciation Depletion$965,670$135,428-$1,101,098
Information Technology$764,678$274,514-$1,039,192
Current Officers, Directors, Trustees, and Key Employees$846,156$175,084-$1,021,240
Other Employee Benefits$535,439$137,204-$672,643
Office Expenses$2,239$361,224-$363,463
Payroll Taxes$252,266$51,117-$303,383
Advertising-$258,530-$258,530
Occupancy$112,400$66,318-$178,718
Fees for Services Legal-$77,173-$77,173
Travel$54,930$13,826-$68,756
Fees for Services Accounting-$47,100-$47,100
Pension Plan Contributions$38,390$7,431-$45,821
Insurance-$40,215-$40,215
Conferences and Meetings$32,876--$32,876
Other Expenses$2,716$277-$2,993
Total Functional Expenses$8,263,733$2,172,981$0$10,436,714

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,026,701
Expenses per Audited Statements$10,436,714
Total Expenses per Form 990$10,436,714
Expenses Not Reported on Form 990$589,987
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

No committees with authority to act on behalf of the governing body exist.

Form 990, Part VI, Section B, Line 11B

Board will receive copy of form and review prior to submission

Form 990, Part VI, Section B, Line 12C

Each director, principal officer, and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands bibleproject is charitable and in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section C, Line 19

DISCLOSURE UPON REQUEST

Form 990, Part VI, Line 11B - Form 990 Review Process

Board will receive copy of form and review prior to submission.

Form 990, Part VI, Line 19 - Other Organization Documents Publicly Availabl

DISCLOSURE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Bibleproject
EIN
46-4277592
Phone
5037535674
Address
1302 SE ANKENY, PORTLAND, OR 97214

Signing Officer

Name
Jonathan Collins
Title
Director
Phone
5037535674
Signed
2021-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Collins
Formed
2014
Legal Domicile
Or
Voting Board Members
5
Independent Board Members
5
Employees
61
Volunteers
5

Preparer

Firm
Delap Llp
Address
5885 MEADOWS ROAD NO 200, LAKE OSWEGO, OR 97035
Preparer
Melissa Wall CPA
Phone
5036974118
Supplemental Narrative

Additional Explanations

Form 990, Part 1, Line 1 - Organization Mission or Significant Activities

The intended audience for the videos are people who have a religious or non-religious interest in the bible and want to understand its content, themes, and storyline better. These videos are useful in a variety of settings, including individuals spending time watching on the internet for their own education, churches in various gatherings, study groups, and schools that have bible literature classes.

Form 990, Part III, Line-1 - Organization Mission

Bibleproject's mission is to help people experience the bible as a unified story that leads to jesus. This is achieved by creating biblical videos to be regularly released on a newly-created youtube channel. Each video covers a portion or area of the bible, explaining the content and related common themes/narratives. The videos are succinct, around 5 minutes, and have a creative commons license so they can be used without substantial restriction. The videos are created using high-quality animation and doctorate-level content so that they (1) engage the most amount of people possible with the story of the bible, (2) are trusted as the best way to begin understanding the bible, and (3) are known for innovative and accurate information related to the bible.

Form 990, Part IX, Line 11G

Creative production contractors: program service expenses 984,698. Management and general expenses 49,153. Fundraising expenses 0. Total expenses 1,033,851. Creative production services: program service expenses 1,402,472. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,402,472.

FORM 990, PART XI, LINE 9:

Net assets with donor restrictions 248,152.

Form 990, Part XII, Line 2C Explanation

There is a committee responsible for the oversight of the audit, review, and selection of an independent audit firm. The contract with the selected audit firm is approved on an annual basis. Audited financial statements are presented to the board, who are given opportunity to ask any questions without management present. The management letter recommendations are provided directly to the board each year as required.

Financial Statement Notes

PART X, LINE 2:

Income tax positions that meet a "more-likely-than-not" recognition threshold are measured at the largest amount of income tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with income tax positions taken that exceeds the amount measured as described above would be reflected as a liability for unrecognized income tax benefits in the accompanying statement of financial position along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest and penalties associated with unrecognized income tax benefits would be classified as additional income taxes in the statement of activities. There were no unrecognized income tax benefits, nor any interest and penalties associated with unrecognized income tax benefits, accrued or expensed as of and for the years ended december 31, 2020 and 2019.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 589,987.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 589,987.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0BIBLEPROJECT IS A NONPROFIT ANIMATION STUDIO THAT PRODUCES SHORT-FORM, FULLY ANIMATED VIDEOS TO MAKE THE BIBLICAL STORY ACCESSIBLE TO EVERYONE, EVERYWHERE. WE CREATE VIDEOS, PODCASTS, AND STUDY GUIDES THAT EXPLORE THE BIBLE'S UNIFIED STORY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0ALL VIDEOS ARE VIEWABLE ON OUR YOUTUBE CHANNEL WHERE WE HAVE ACCRUED OVER 200 MILLION VIEWS ACROSS 229 COUNTRIES, AND HAVE OVER TWO MILLION YOUTUBE SUBSCRIBERS. VIEWERSHIP IS PRIMARILY CONCENTRATED BETWEEN AGES 18 TO 45. WE ARE INSPIRING THE NEXT GENERATION TO EXPLORE THE BIBLE THROUGH MEDIUMS IN WHICH THEY HAVE BEEN RAISED, VISUAL STORYTELLING AND TECHNOLOGY.
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