Overview
What is Manna Bible Institute?
Manna Bible Institute is a nonprofit organization that specializes in Christian education, offering a theology degree through its Bible School program. The institute provides students with a convenient shopping experience for textbooks and supplies at its on-site bookstore. With a focus on theological studies, Manna Bible Institute aims to equip its students with a solid foundation in biblical knowledge and faith.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Manna Bible Institute has received a score of 73% from Charity Navigator, which translates to a Two-Star rating. This rating is primarily based on its Accountability and Finance metrics, indicating a moderate level of transparency and financial health within the organization. The overall score reflects a commitment to maintaining responsible management practices, which is crucial for donor confidence.
The organization demonstrates strong governance with an independent board, where 66% of its members are independent. This independence is vital for impartial decision-making, and the institute scores full points in this area. Additionally, it shows no material diversion of assets and properly documents board meeting minutes, which underscores its commitment to accountability.
However, while the financials appear stable, there is room for improvement in the overall rating, particularly since the score is solely derived from the Accountability & Finance beacon. The Program Expense Ratio of 71.05% suggests that a significant portion of the funds is allocated to programs, but further evaluation of program effectiveness and impact could enhance the institute's reputation and rating in the broader nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Manna Bible Institute legitimate?
Manna Bible Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manna Bible Institute 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: $17,840
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Manna Bible Institute?
Manna Bible Institute's mission is centered around providing a Christian education in theology. The institute offers this through its Bible School program, leading to a degree in theology. To support its students, Manna Bible Institute maintains a bookstore, offering a convenient option for purchasing necessary textbooks and supplies. The primary goal of the institute is to educate individuals in theological studies within a Christian context.
Who is the CEO of Manna Bible Institute?
Robert P Shine is the Chairman/Board of Manna Bible Institute.
What is the revenue of Manna Bible Institute?
Manna Bible Institute's revenue in 2022 was $34,355.
Who are the executives of Manna Bible Institute and what are their salaries?
The average compensation at Manna Bible Institute during 2022 was $17,840. There is 1 employee and 5 volunteers at Manna Bible Institute.
Here are 6 key members and their salaries:
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- Compensation: $13,440
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- Compensation: $5,200
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Where can I find the form 990 for Manna Bible Institute?
Manna Bible Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Manna Bible Institute
Manna Bible Institute, a Christian organization, is dedicated to providing a Bible School education. Its primary mission is to prepare students for a career in theology, culminating in the acquisition of a degree. The institute goes beyond just academic instruction, offering a well-stocked bookstore where students can conveniently purchase necessary textbooks and supplies. This comprehensive approach to education equips students with the knowledge and resources needed to excel in their chosen field.
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Impact
August, 2024
Manna Bible Institute has a significant impact on the community by providing a Christian Bible School education that leads to a degree in theology. By offering a convenient location for students to purchase textbooks and supplies through its bookstore, Manna Bible Institute supports students in pursuing their education in a faith-based environment. This institution plays a crucial role in equipping individuals with the knowledge and skills needed for a career in theology, thereby contributing to the spiritual growth and development of the community in Philadelphia, PA.
This information is meant to be a general summary of Manna Bible Institute. 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 2022.
- Investment Income: $317
- Program Service Revenue: $10,925
- Gross Receipts: $35,209
Assets and Liabilities:
- Total Assets: $1,475,611
- Total Liabilities: $52,194
- Net Assets: $1,423,417
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition & Fees
Revenue
$10,925
Organization Details
Founding Year
1944
Phone
(215) 745-5393Principal Officer
Robert P Shine
Main Address
PO Box 21464, Philadelphia, PA, 19141
NTEE Category
Code: B50 - Education
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