Civic Intelligence

World Bible School Inc

EIN 74-2254797 • 501(c)3 • Cedar Park, TX

Profile

World bible school, inc. Is a religious not-for-profit organization dedicated to teaching the gospel of christ by using bible correspondence courses. This mission of wbs is worldwide and is supported primarily by contributions from individuals and churches. Wbs is associated with churches of christ.

16110 Anderson Mill RoadCedar Park, TX 78613

www.worldbibleschool.org

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.00x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

50th percentile

4.5%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

60th percentile

8.3%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

0.2%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$7,470,991

Up $570,934 (+8.3%) from 2023

Liabilities

Down

$18,833

Down $3,576 (-16%) from 2023

Net Assets

Up

$7,452,158

Up $574,510 (+8.4%) from 2023

Operations
Liabilities / Revenue13th percentileNet Margin50th percentile

Revenue

Up

$5,561,547

Up $12,389 (+0.2%) from 2023

Expenses

Up

$5,311,847

Up $466,199 (+9.6%) from 2023

Net Income

Down

$249,700

Down $453,810 (-65%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,930,382Liabilities 2011: $49,882Net Assets 2011: $1,880,5002011Assets 2012: $2,173,806Liabilities 2012: $62,076Net Assets 2012: $2,111,7302012Assets 2013: $2,189,230Liabilities 2013: $64,329Net Assets 2013: $2,124,9012013Assets 2014: $2,318,600Liabilities 2014: $51,995Net Assets 2014: $2,266,6052014Assets 2015: $2,472,311Liabilities 2015: $53,081Net Assets 2015: $2,419,2302015Assets 2016: $2,594,797Liabilities 2016: $44,034Net Assets 2016: $2,550,7632016Assets 2017: $2,815,025Liabilities 2017: $34,869Net Assets 2017: $2,780,1562017Assets 2018: $3,870,112Liabilities 2018: $33,560Net Assets 2018: $3,836,5522018Assets 2019: $4,508,051Liabilities 2019: $32,297Net Assets 2019: $4,475,7542019Assets 2020: $6,092,442Liabilities 2020: $31,053Net Assets 2020: $6,061,3892020Assets 2021: $7,160,028Liabilities 2021: $31,651Net Assets 2021: $7,128,3772021Assets 2022: $5,958,211Liabilities 2022: $25,978Net Assets 2022: $5,932,2332022Assets 2023: $6,900,057Liabilities 2023: $22,409Net Assets 2023: $6,877,6482023Assets 2024: $7,470,991Liabilities 2024: $18,833Net Assets 2024: $7,452,1582024

Highlighted filing

2024

Assets$7,470,991
Liabilities$18,833
Net Assets$7,452,158
Open 2024 Filing

Operations Trend

Revenue Growth35th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,471,869Expenses 2011: $2,030,235Net Income 2011: $441,6342011Revenue 2012: $2,248,528Expenses 2012: $2,037,004Net Income 2012: $211,5242012Revenue 2013: $2,059,774Expenses 2013: $2,075,249Net Income 2013: -$15,4752013Revenue 2014: $2,441,311Expenses 2014: $2,290,170Net Income 2014: $151,1412014Revenue 2015: $2,680,476Expenses 2015: $2,394,748Net Income 2015: $285,7282015Revenue 2016: $2,671,680Expenses 2016: $2,546,265Net Income 2016: $125,4152016Revenue 2017: $3,287,703Expenses 2017: $3,052,912Net Income 2017: $234,7912017Revenue 2018: $4,735,369Expenses 2018: $3,650,419Net Income 2018: $1,084,9502018Revenue 2019: $4,963,168Expenses 2019: $4,418,694Net Income 2019: $544,4742019Revenue 2020: $5,189,697Expenses 2020: $3,785,392Net Income 2020: $1,404,3052020Revenue 2021: $5,088,787Expenses 2021: $4,289,090Net Income 2021: $799,6972021Revenue 2022: $4,592,996Expenses 2022: $5,135,695Net Income 2022: -$542,6992022Revenue 2023: $5,549,158Expenses 2023: $4,845,648Net Income 2023: $703,5102023Revenue 2024: $5,561,547Expenses 2024: $5,311,847Net Income 2024: $249,7002024

Highlighted filing

2024

Revenue$5,561,547
Expenses$5,311,847
Net Income$249,700
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,470,991
Liabilities
$18,833
Net assets
$7,452,158
Revenue
$5,561,547
Expenses
$5,311,847
Net income
$249,700
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.47$0.02$7.45$5.56$5.31$0.25
2023Detailed filing. Detailed filing data is available for this year.$6.90$0.02$6.88$5.55$4.85$0.70
2022Detailed filing. Detailed filing data is available for this year.$5.96$0.03$5.93$4.59$5.14$0.54
2021Detailed filing. Detailed filing data is available for this year.$7.16$0.03$7.13$5.09$4.29$0.80
2020Detailed filing. Detailed filing data is available for this year.$6.09$0.03$6.06$5.19$3.79$1.40
2019Detailed filing. Detailed filing data is available for this year.$4.51$0.03$4.48$4.96$4.42$0.54
2018Summary only. Only limited summary data is available for this year.$3.87$0.03$3.84$4.74$3.65$1.08
2017Summary only. Only limited summary data is available for this year.$2.82$0.03$2.78$3.29$3.05$0.23
2016Summary only. Only limited summary data is available for this year.$2.59$0.04$2.55$2.67$2.55$0.13
2015Summary only. Only limited summary data is available for this year.$2.47$0.05$2.42$2.68$2.39$0.29
2014Summary only. Only limited summary data is available for this year.$2.32$0.05$2.27$2.44$2.29$0.15
2013Summary only. Only limited summary data is available for this year.$2.19$0.06$2.12$2.06$2.08$0.02
2012Summary only. Only limited summary data is available for this year.$2.17$0.06$2.11$2.25$2.04$0.21
2011Summary only. Only limited summary data is available for this year.$1.93$0.05$1.88$2.47$2.03$0.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$5,585,866
Mission and Program Overview

Mission

World Bible School, Inc. is a religious not-for-profit organization dedicated to teaching the gospel of Christ by using Bible correspondence courses. This mission of WBS is worldwide and is supported primarily by contributions from individuals and churches. WBS is associated with Churches of Christ.

Religious education to the unchurched.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,304,843$5,967,551▲ $662,708
Cash and Non-Interest-Bearing Accounts$1,050,440$958,253▼ $92,187
Land, Buildings, and Equipment, Net$523,171$526,354▲ $3,183
Total Assets$6,900,057$7,470,991▲ $570,934
Other Assets Total$21,603$18,833▼ $2,770
Liabilities
Other Liabilities$22,409$18,833▼ $3,576
Total Liabilities$22,409$18,833▼ $3,576
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,372,835$6,847,303▲ $474,468
Net Assets With Donor Restrictions$504,813$604,855▲ $100,042
Total Net Assets Fund Balance$6,877,648$7,452,158▲ $574,510
Total Liabilities and Net Assets / Fund Balance$6,900,057$7,470,991▲ $570,934

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$354,373$545,627$900,000
Other Land Buildings$58,153$107,615$165,768
Equipment$13,828$92,162$105,990
Land$100,000-$100,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,999,182$512,096▲ $338,280$37,231$2,812,327
2023$1,271,934$535,422▲ $217,716$25,890$1,999,182
2022$1,056,472$380,002▼ $164,540-$1,271,934
2021$559,270$717,106▲ $207,096$427,000$1,056,472
2020$432,161$829,806▲ $118,944$821,641$559,270
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim YaegerCIOFT$104,845$45,749$150,594
Brian DavisPresidentFT$71,109$58,002$129,111
William BushCMO (1-8) CfFT$65,340$42,902$108,242
Marcus MckeeCFO (01-08/2FT$55,453$48,000$103,453
Josh SneedReg. AdvancmFT$49,730$27,371$77,101
Jeremy RobinettBoard Member-$44,703-$44,703

Board Members and Trustees

NameTitle
Charles GanusChairman
Keith RallBoard Mem (0
Terry WareBoard Mem (0
Ava ConleyBoard Member
Brady ShirleyBoard Member
Brian WhiteBoard Member
Charles WilsonBoard Member
Jeff JenkinsBoard Member
Jeff SmithBoard Member
Lori BoydBoard Member
Patsie TrowbridgeBoard Member
Washington MhlangaBoard Member
Wes RitchieBoard Member
Keith RallTreas (03-12
Josh SneedTreasurer (j

Highest Paid Contractors

ContractorServicesLocationCompensation
Nanjing Amity Printing CoPrintingPO BOX 39000, JIANGNING, San Francisco, CA 94139, Ch$456,612
Google INCAdvertising-$349,963
Revenue and Support

Revenue Composition

Contributions and Grants
$4,695,626
Program Service Revenue
$629,605
Investment Income
$237,248
Other Revenue
$-932
All Other Contributions
$4,430,469
Change in Net Assets
$249,700

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded421$73,966Fair Market Value
Total Noncash Contributions421$73,966-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,561,545
Revenue Not Reported on Financial Statements
$2
Revenue Not Reported on Form 990
$349,130
Total Revenue per Audited Statements
$5,910,675
Total Revenue per Form 990
$5,561,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,989,665
Salaries, Compensation, and Employee Benefits$2,322,182
Total Fundraising Expense$832,943
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$847,861$134,107$334,741$1,316,709
Advertising$449,770$447$58,984$509,201
Current Officers, Directors, Trustees, and Key Employees$281,304$44,862$136,442$462,608
Other Employee Benefits$230,970$32,135$145,196$408,301
Fees for Services Other$321,007$2,444$207$323,658
Travel$154,197$1,339$106,446$261,982
Information Technology$77,625$11,426$439$89,490
Pension Plan Contributions$33,718$35,045$11,822$80,585
Payroll Taxes$39,047$8,656$6,276$53,979
Other Expenses$30,375$13,011$529$43,915
Insurance$22,270$15,683$2,264$40,217
Depreciation Depletion$16,532$17,650$1,156$35,338
Office Expenses$8,682$12,600$13,766$35,048
Occupancy$496$24,945-$25,441
Fees for Services Accounting-$17,880-$17,880
All Other Expenses$2,917$11,279$2,051$16,247
Conferences and Meetings$1,617$2,470$1,154$5,241
Total Functional Expenses$4,090,742$388,162$832,943$5,311,847

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,336,164
Total Expenses per Form 990$5,311,847
Expenses per Audited Statements$5,311,845
Expenses Not Reported on Form 990$24,319
Expenses Not Reported on Financial Statements$2
International Activity

International Summary

Offices
17
Spending
$908,893

International Compliance

Foreign grant records maintained
No
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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan AfricaTechnology & MailingProgram Service14-$828,988
South AsiaTechnology & MailingProgram Service1-$34,000
East Asia and the PacficTechnology & MailingProgram Service1-$29,000
South AmericaTechnology & MailingProgram Service1-$16,905
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,319
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Appeals Dinner$265,157---
Total Events$265,157-$24,319$-24,319
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Sondra DavisFamily of PresCompensationNo$32,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$18,833
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
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, Page 6, Part VI, Line 11B

“The board of directors meets frequently to discuss current issues and financial data. Tax returns are reviewed by the president and/or other designated officers. Complete tax returns are not provided to all board members prior to filing; however, members are made aware that returns are available upon request.”

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

“Officers & directors are required to disclose annually interests that could give rise to conflicts.”

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

“The board of directors will evaluate the overall financial performance of the world bible school compared to prior years and determine if merit increases in salary are appropriate.”

Form 990, Page 6, Part VI, Line 19

“World bible school will provide its governing documents and financial statements to the public upon request.”

Filing and Contact Details

Filer

Filer Name
World Bible School Inc
EIN
74-2254797
Phone
5123458190
Address
16110 ANDERSON MILL ROAD, CEDAR PARK, TX 78613

Signing Officer

Name
Brian Davis
Title
President
Phone
5126458190
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Davis
Formed
1981
Legal Domicile
TX
Voting Board Members
13
Independent Board Members
12
Employees
31
Volunteers
2,200

Preparer

Firm
Reynolds & Franke Pc
Address
6836 AUSTIN CENTER BLVD STE 190, AUSTIN, TX 78731
Preparer
Ronald H Reynolds CPA
Phone
5122063141
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“World bible school, inc. Is a religious not-for-profit organization dedicated to teaching the gospel of christ by using bible correspondence courses. This mission of wbs is worldwide and is supported primarily by contributions from individuals and churches. Wbs is associated with churches of christ.”

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

“Contribution to exempt organization supporting teachers and students dedicated to teach and learn about the gospel of christ by using bible correspondence courses. Mailboxes and or scanners have been set up in seventeen nations for local students to mail or scan their lessons to teachers in the united states. Mailboxes allow students to mail their lessons using cheaper domestic mail, rather than more expensive international mailing and scanners speed up the time in between lesson exchanges.”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Wbs established the world bible school endowment in 2007 to receive, hold, manage, and invest gifts received from donors to wbs which are designated to be made to the endowment, or which are otherwise designated as gifts. In march 2021, the board of wbs adopted a new endowment policy and received permission from the original donors of the world bible school endowment to release their permanent restriction for unrestricted use. The new endowment policy has established three new endowments by donors for specific activities. An endowment has also been designated by the board of wbs for general operations.”

Schedule D, Page 3, Part X

“The most significant tax positions of wbs are its assertion that it is exempt from income taxes and its determination of whether any amounts are subject to unrelated business income tax (ubit). Management has determined that wbs had no activities subject to ubit during the year ended december 31, 2024 and 2023. All significant tax positions have been considered by management and it has determined that it is more likely than not that all tax positions would be sustained upon examination by taxing authorities.”

Schedule D, Page 4, Part XI, Line 2D

“Direct fundraising expenses 24,319”

Schedule D, Page 4, Part XII, Line 2D

“Direct fundraising expenses 24,319”

Raw XML AppendixShowing 400 of 684 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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IRS990/DeductibleNonCashContriInd0true
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