Biblical Discipleship Ministries Inc

“Jobe R. Martin, President is married to Jenna D. Martin, who is the Organization'sSecretary-Treasurer. Steve P. Sullivan is not related tothe Martins. Mr. Sullivan, Vice-President, only renders services on apart-time basis and does not receive any compensation. The Martins havetwo adult children, Taryn A. Martin and Mirren M. Martin, who providefull time service to the Organization. Their compensation is reportedon Schedule L, Part IV.”

“Steve P. Sullivan11800 Wrexham CourtOklahoma City, Oklahoma 73162”

“The Form 990 is presented to the President for his review. After he is satisfied with the review, he signs FORM 8879-EO for electronic transmittalof FORM 990 to the Internal Revenue Service.”

“Financial statements are available to donors upon request.”

“On December 16, 1993, Jobe R. Martin purchased a residence in Rockwall, Texas.On this property there is a separate building that measures 35 feet by 24.5 feet.Acquisition costs and subsiquent improvements total 118,029.10, which have been paid by the Organization This separate structure is used for guest quarters ofvisiting pastors and missionaries.Although the separate building and improvements are owned by the Organization, theland is owned by Martin No ground rents were charged to the Organization by Martin.”

“Two worn-out pieces of equipment were discarded. Both items were fully depreciated. A Casio Projector was discarded with an original cost of 1,014.98. Also, a DellPrinter with an original cost of 284.39 was discarded.”

“From time to time the Organization does make grants to other charitableorganizations, who have similar interests in discipleship and evangelism. Only five organizations received more than 5,000. The other 26 organizationsreceived less than 5,000.During the current year cash assitance of 2,400 was given to one individual. This individual is not related to any of the officers or directors of theOrganization.”

“The Organization received registration fees of $1,715 from participants in retreatsfor the Organization.”

“The Organization has publised a book and produced several videos related toChristian discipleship. The contents are related to the subject matter that theOrganization teaches at its lectures and seminars. Not all books and videos aresold, but are given away as part of its ministry. The donated costs of 25,878 havebeen deducted from the cost of inventory sales and are listed on Part IX, Line 24aas "Books & videos given away".”

“A 2014 Ford Econline was purchased on 04/13/2016. Mileage for this vehiclefor the current year was only 100 miles, as the Organization was attemptingto sell this vehicle. The Ford Econoline was fully depreciated at an originalcost of $27,149.50. The Ford Econoline was sold on May 27, 2022 for one dollar.The vehicle was sold to a needy family that has 4 adopted handicapped children.One of the children is suffering from epilepsy. The father was working 3 jobs tosupport his family. This need became known to the Organization through a localchurch ministry. The Organization had made previous attempts to sell the FordEconoline, but were unable to sell the vehicle. So when the need about the familybecame known, the Organization felt it was a good way to help this family bymaking the vehilcle available in this manner. The Ford Econoline also had a radiothat had been installed on 04/03/2017 at a cost of 649.50. The books of theOrganization indicated the radio was fully depreciated, although the tax softwareindicated depreciation for the current year $33, while the books indicated $64 forthe current year. Since the difference of $31 was not material in amount, thisreport indicates current depreciation of $64 that is on the books of theOrganization.Ministry-owned vehicles are used to travel to various parts of the country forseminars, retreats, lectures, Bible studies and other related ministry activities. When not in use, the vehicles are left on the premises. The Martins use their own vehicle for personal use.A 2021 Nissan Van was purchased on 04/27/2021 at a cost of $45,638.89. Mileage for the current year was 24,600 miles.A worn-out 6 X 8 trailor was sold for one dollar. It was fully depreciated and waspurchased on 05/08/2003 for $1,333.67 and been sitting on the premises and not used for several years. It was sold to an unrelated individual.”