Civic Intelligence

Bible Study Time Inc.

990 • Fiscal year 2013 • EIN 58-1137589

Jan 01, 2013 to Dec 31, 2013 • Filed on May 01, 2014

Post Office Box 171429304

(864) 585-0470

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

6th percentile

0.00x

Higher debt load relative to revenue than 6% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

76th percentile

18%

Higher net margin than 76% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

87th percentile

$419,445

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Asset Growth

49th percentile

3.4%

Faster asset growth than 49% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$12,909,211

Up $428,212 (+3.4%) from 2012

Net Assets

Up

$12,907,478

Up $430,046 (+3.4%) from 2012

Liabilities

Down

$1,733

Down $1,834 (-51%) from 2012

Revenue

$2,397,529

No earlier filing loaded for comparison.

Expenses

Down

$1,967,483

Down $49,916 (-2.5%) from 2012

Net Income

$430,046

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $12,279,169Liabilities 2010: $536Net Assets 2010: $12,278,6332010Assets 2011: $12,465,761Liabilities 2011: $7,435Net Assets 2011: $12,458,3262011Assets 2012: $12,480,999Liabilities 2012: $3,567Net Assets 2012: $12,477,4322012Assets 2013: $12,909,211Liabilities 2013: $1,733Net Assets 2013: $12,907,4782013Assets 2014: $13,175,489Liabilities 2014: $4,719Net Assets 2014: $13,170,7702014Assets 2015: $13,085,386Liabilities 2015: $4,292Net Assets 2015: $13,081,0942015Assets 2016: $13,177,899Liabilities 2016: $6,766Net Assets 2016: $13,171,1332016Assets 2017: $12,461,456Liabilities 2017: $3,612Net Assets 2017: $12,457,8442017Assets 2018: $12,075,383Liabilities 2018: $0Net Assets 2018: $12,075,3832018Assets 2019: $12,154,604Liabilities 2019: $0Net Assets 2019: $12,154,6042019Assets 2020: $12,375,103Liabilities 2020: $290Net Assets 2020: $12,374,8132020Assets 2021: $12,707,525Liabilities 2021: $582Net Assets 2021: $12,706,9432021Assets 2022: $12,474,972Liabilities 2022: $370Net Assets 2022: $12,474,6022022Assets 2023: $12,801,001Liabilities 2023: $0Net Assets 2023: $12,801,0012023Assets 2024: $14,969,322Liabilities 2024: $6Net Assets 2024: $14,969,3162024

Highlighted filing

2013

Assets$12,909,211
Liabilities$1,733
Net Assets$12,907,478

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,029,4082010Expenses 2011: $2,046,4612011Expenses 2012: $2,017,3992012Revenue 2013: $2,397,529Expenses 2013: $1,967,483Net Income 2013: $430,0462013Revenue 2014: $2,173,187Expenses 2014: $1,909,895Net Income 2014: $263,2922014Revenue 2015: $1,693,256Expenses 2015: $1,776,154Net Income 2015: -$82,8982015Revenue 2016: $1,915,907Expenses 2016: $1,825,878Net Income 2016: $90,0292016Revenue 2017: $1,631,939Expenses 2017: $1,963,367Net Income 2017: -$331,4282017Revenue 2018: $1,423,943Expenses 2018: $1,733,032Net Income 2018: -$309,0892018Revenue 2019: $1,573,881Expenses 2019: $1,494,660Net Income 2019: $79,2212019Revenue 2020: $1,542,306Expenses 2020: $1,322,097Net Income 2020: $220,2092020Revenue 2021: $1,651,960Expenses 2021: $1,319,830Net Income 2021: $332,1302021Revenue 2022: $1,001,561Expenses 2022: $1,233,902Net Income 2022: -$232,3412022Revenue 2023: $1,243,176Expenses 2023: $916,777Net Income 2023: $326,3992023Revenue 2024: $2,913,274Expenses 2024: $897,811Net Income 2024: $2,015,4632024

Highlighted filing

2013

Revenue$2,397,529
Expenses$1,967,483
Net Income$430,046
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 1, 2014
Return Version
2013v3.1
Gross Receipts
$9,020,702
Mission and Program Overview

Mission

The ministry's primary exempt function is to spread the gospel through tv & radio programs, counseling services religious tapes & books, speaking engagements, seminars.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,722,309$8,317,838▲ $595,529
Savings and Temporary Cash Investments$3,016,356$2,737,838▼ $278,518
Land, Buildings, and Equipment, Net$1,004,276$932,961▼ $71,315
Cash and Non-Interest-Bearing Accounts$378,058$310,574▼ $67,484
Total Assets$12,480,999$12,909,211▲ $428,212
Other Assets Total$360,000$610,000▲ $250,000
Liabilities
Accounts Payable and Accrued Expenses$3,567$1,733▼ $1,834
Total Liabilities$3,567$1,733▼ $1,834
Net Assets / Fund Balance
Unrestricted Net Assets$12,477,432$12,907,478▲ $430,046
Total Net Assets Fund Balance$12,477,432$12,907,478▲ $430,046
Total Liabilities and Net Assets / Fund Balance$12,480,999$12,909,211▲ $428,212

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$910,461$1,374,112$2,284,573
Land$22,500-$22,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Freda CrewsPresidentFT$371,445$48,000$419,445
Mr William Crews JrSec./tr. MinFT$125,596-$125,596
Dean AndersonDirectorFT$54,399-$54,399

Board Members and Trustees

NameTitle
Ethan BurroughsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$31,202
Program Service Revenue
$1,723,485
Investment Income
$667,902
Other Revenue
$-25,060
All Other Contributions
$31,202
Change in Net Assets
$430,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,038,397
Salaries, Compensation, and Employee Benefits$899,468
Grants and Similar Amounts Paid$29,618
Total Fundraising Expense$6,247
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$863,118--$863,118
All Other Expenses$65,661$8,227$6,247$80,135
Depreciation Depletion$79,284--$79,284
Fees for Service Investment Mgmnt Fees-$59,406-$59,406
Insurance$48,902--$48,902
Payroll Taxes$36,350--$36,350
Office Expenses$31,076--$31,076
Foreign Grants$27,568--$27,568
Other Expenses$27,147--$27,147
Fees for Services Accounting-$16,293-$16,293
Fees for Services Legal-$4,299-$4,299
Grants to Domestic Orgs$2,050--$2,050
Conferences and Meetings$1,555--$1,555
Total Functional Expenses$1,873,011$88,225$6,247$1,967,483
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Yes
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Dr. Freda crews william crews, jr. President sec./treas. Parent & son

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

A copy of the form 990 is not provided to the organization's governing body prior to filing. However, the governing body is provided with current financial reports at the annual board meeting. Prior to filing, a thorough review of the form 990 is performed by the president, chief in-house accountant, and by the organization's certified public accountant who prepares the form 990. This review also consists of a review of the current instructions pertaining to the form 990.

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

Annually, the organization requires officers, directors and key employees to sign the conflict of interest policy.

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

Executive compensation is determined by independent board members elected to an executive compensation committee. Compensation committee decisions are based upon a study performed by an outside consulting firm (guinn smith & co.) which analyzed comparative and contemporaneous compensation packages of similar organizations. Subsequent compensation increases have been cost of living adjustments.

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

Compensation for key employees in ministry services is primarily commission based. Each ministry services employee accepts an agreement which specifies a base hourly rate and a specific percentage they will receive from gross net profits generated from their activities. Family and non-family employees share the same non-discriminatory agreement. Overall compensation is incentive and performance based.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public pursuant to written request. After receipt of any such requests, the organization will make disclosable documents available for inspection at the headquarters of bible study time, inc. During normal business hours.

Filing and Contact Details

Filer

EIN
58-1137589
Phone
8645850470

Signing Officer

Name
Dr Freda V Crews
Title
President
Phone
8645850470
Signed
2014-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Freda Crews
Formed
1972
Legal Domicile
Sc
Voting Board Members
4
Independent Board Members
1
Employees
14

Preparer

Preparer
Marcus Q Elliott CPA
Phone
8645831476
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The ministry's primary purpose is to spread the gospel through radio and television programming, speaking engagements, book and audio tape sales, and personal witness.

Raw XML AppendixShowing 400 of 412 raw XML fields

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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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0BIBLE STUDY TIME, INC. MAINTAINS BOOKS AND RECORDS TO MONITOR THE EXPENDITURES OF BIBLE STUDY TIME CANADA TO ENSURE THAT THE PRIMARY MISSION OF BOTH ORGNAIZATIONS IS ACCOMPLISHED. BIBLE STUDY TIME CANADA HAS AS ITS PRIMARY MISSION TO SPREAD THE GOSPEL THROUGH RELIGIOUS RADIO AND TELEVISION BROADCASTING.
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0WILLIAM CREWS, JR. RECEIVES COMMISSION INCOME BASED ON A FIXED PERCENTAGE OF BROADCAST PLACEMENT REVENUE. THIS COMMISSION INCOME IS IN ADDITION TO A FIXED BASE SALARY APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1PART I, LINE 1A DR. FREDA CREWS, AN ORDAINED MINISTER, RECEIVES A PARSONAGE ALLOWANCE. THIS AMOUNT IS INCLUDED IN HER W-2 INCOME.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 5A
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE J, PART III
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MINISTRY'S PRIMARY PURPOSE IS TO SPREAD THE GOSPEL THROUGH RADIO AND TELEVISION PROGRAMMING, SPEAKING ENGAGEMENTS, BOOK AND AUDIO TAPE SALES, AND PERSONAL WITNESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DR. FREDA CREWS WILLIAM CREWS, JR. PRESIDENT SEC./TREAS. PARENT & SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS NOT PROVIDED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING. HOWEVER, THE GOVERNING BODY IS PROVIDED WITH CURRENT FINANCIAL REPORTS AT THE ANNUAL BOARD MEETING. PRIOR TO FILING, A THOROUGH REVIEW OF THE FORM 990 IS PERFORMED BY THE PRESIDENT, CHIEF IN-HOUSE ACCOUNTANT, AND BY THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANT WHO PREPARES THE FORM 990. THIS REVIEW ALSO CONSISTS OF A REVIEW OF THE CURRENT INSTRUCTIONS PERTAINING TO THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY, THE ORGANIZATION REQUIRES OFFICERS, DIRECTORS AND KEY EMPLOYEES TO SIGN THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE COMPENSATION IS DETERMINED BY INDEPENDENT BOARD MEMBERS ELECTED TO AN EXECUTIVE COMPENSATION COMMITTEE. COMPENSATION COMMITTEE DECISIONS ARE BASED UPON A STUDY PERFORMED BY AN OUTSIDE CONSULTING FIRM (GUINN SMITH & CO.) WHICH ANALYZED COMPARATIVE AND CONTEMPORANEOUS COMPENSATION PACKAGES OF SIMILAR ORGANIZATIONS. SUBSEQUENT COMPENSATION INCREASES HAVE BEEN COST OF LIVING ADJUSTMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR KEY EMPLOYEES IN MINISTRY SERVICES IS PRIMARILY COMMISSION BASED. EACH MINISTRY SERVICES EMPLOYEE ACCEPTS AN AGREEMENT WHICH SPECIFIES A BASE HOURLY RATE AND A SPECIFIC PERCENTAGE THEY WILL RECEIVE FROM GROSS NET PROFITS GENERATED FROM THEIR ACTIVITIES. FAMILY AND NON-FAMILY EMPLOYEES SHARE THE SAME NON-DISCRIMINATORY AGREEMENT. OVERALL COMPENSATION IS INCENTIVE AND PERFORMANCE BASED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC PURSUANT TO WRITTEN REQUEST. AFTER RECEIPT OF ANY SUCH REQUESTS, THE ORGANIZATION WILL MAKE DISCLOSABLE DOCUMENTS AVAILABLE FOR INSPECTION AT THE HEADQUARTERS OF BIBLE STUDY TIME, INC. DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine10BIBLE STUDY TIME INC
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ELLIOTT & PAINTER LLP

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.0$0.00$15.0$2.91$0.90$2.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$0.00$12.8$1.24$0.92$0.33
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$0.00$12.5$1.00$1.23$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$0.00$12.7$1.65$1.32$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$0.00$12.4$1.54$1.32$0.22
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$0.00$12.2$1.57$1.49$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.1$0.00$12.1$1.42$1.73$0.31
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$0.00$12.5$1.63$1.96$0.33
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$0.01$13.2$1.92$1.83$0.09
2015Detailed filing. Detailed filing data is available for this year.$13.1$0.00$13.1$1.69$1.78$0.08
2014Detailed filing. Detailed filing data is available for this year.$13.2$0.00$13.2$2.17$1.91$0.26
2013Detailed filing. Detailed filing data is available for this year.$12.9$0.00$12.9$2.40$1.97$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$0.00$12.5$2.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$0.01$12.5$2.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$0.00$12.3$2.03