Overview
What is The Society For Biblical Studies Inc?
The Society for Biblical Studies Inc, located at 846 Massachusetts Ave, Arlington, MA 02476, is a nonprofit organization dedicated to exploring the contemporary relevance of biblical faith, mission, theory, and effectiveness. Their primary missionary partner is the Episcopal Diocese of Jerusalem, enabling them to offer enriching mission experiences in Egypt, Israel, Palestine, and Jordan. The society's primary objective is to transform biblical pilgrimage from commercial sightseeing, ultimately revitalizing the mission of the church. With a team of three dedicated individuals, they strive to foster a deeper understanding of biblical teachings in a contemporary context.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
The Society For Biblical Studies Inc has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 43%, the organization struggles particularly with transparency, as it has not provided essential financial statements or made its tax forms available on its website.
Despite having a fully independent board, which is a positive aspect, the lack of critical policies such as conflict of interest and whistleblower protections raises red flags about governance. The organization also has a concerning liabilities to assets ratio of 159.57%, suggesting potential financial instability, although it does manage to allocate a substantial portion of its budget (64.11%) towards program expenses.
Overall, the lack of necessary documentation and transparency measures severely impacts the organization’s credibility and trustworthiness. Stakeholders may want to closely evaluate these issues before engaging with or supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Society For Biblical Studies Inc legitimate?
The Society For Biblical Studies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Society For Biblical Studies Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $66,678
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Society For Biblical Studies Inc?
The Society for Biblical Studies Inc aims to transform biblical pilgrimage from its commercial sightseeing focus, revitalizing the role of the church in the process. Their study travel programs provide opportunities to explore the contemporary relevance of biblical faith, mission, theory, and effectiveness. The organization collaborates primarily with the Episcopal Diocese of Jerusalem, enabling the creation of mission experiences in Egypt, Israel, Palestine, and Jordan.
Who is the CEO of The Society For Biblical Studies Inc?
Peter Miano is the Clerk of The Society For Biblical Studies Inc.
What is the revenue of The Society For Biblical Studies Inc?
The Society For Biblical Studies Inc's revenue in 2023 was $817,701.
Who are the executives of The Society For Biblical Studies Inc and what are their salaries?
The average compensation at The Society For Biblical Studies Inc during 2023 was $22,226. There are 3 employees at The Society For Biblical Studies Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $57,715
- Related: $0
- Other: $0
Where can I find the form 990 for The Society For Biblical Studies Inc?
The Society For Biblical Studies Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Society For Biblical Studies Inc
The Society for Biblical Studies Inc is committed to transforming the concept of biblical pilgrimage, moving away from commercial sightseeing, and revitalizing the mission of the church. Their primary objective is to provide study travel programs that enable individuals to explore the contemporary relevance of biblical faith, mission, theory, and effectiveness. The organization's missionary partnership with the Episcopal Diocese of Jerusalem allows them to develop enriching mission experiences in Egypt, Israel, Palestine, and Jordan. By focusing on these aspects, The Society for Biblical Studies Inc seeks to renew the spiritual journey and deepen the faith of those who participate in their programs.
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Impact
July, 2024
The Society For Biblical Studies Inc has a significant impact on reforming biblical pilgrimage from commercial sightseeing to a more meaningful experience. By offering study travel programs that focus on examining the contemporary application of the biblical faith, mission, theory, and effectiveness, the organization contributes to a deeper understanding and connection to religious teachings. Through its partnerships with the Episcopal Diocese of Jerusalem, the Society is able to develop mission experiences in Egypt, Israel, Palestine, and Jordan, further expanding its reach and impact in promoting spiritual growth and understanding.
This information is meant to be a general summary of The Society For Biblical Studies Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,915
- Program Service Revenue: $815,786
- Gross Receipts: $817,701
Assets and Liabilities:
- Total Assets: $437,827
- Total Liabilities: $698,645
- Net Assets: -$260,818
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BIBLE STUDIES
Revenue
$815,786
Organization Details
Founding Year
1997
Phone
(781) 844-2935Principal Officer
Peter Miano
Main Address
846 MASSACHUSETTS AVE, ARLINGTON, MA, 02476
NTEE Category
Code: X20Z - Religion related
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