Overview
What is Altoona Bible Institute?
Altoona Bible Institute is a nonprofit organization situated at 711 3rd Street, Altoona, Pennsylvania. Their primary mission focuses on assisting adults in comprehending the Bible's meaning and enhancing their overall quality of life. The institute accomplishes this goal through various activities, helping adults gain a deeper understanding of the sacred text and ultimately improve their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
Altoona Bible Institute has achieved a respectable Three-Star rating with an overall score of 80%, which reflects a strong commitment to accountability and finance. The rating is based solely on a comprehensive assessment of its financial practices, showing that the organization maintains a high level of transparency and responsibility in managing its resources.
Strengths of the organization include an entirely independent board, which is a significant indicator of governance quality. With 100% of its board members being independent and a favorable liability to assets ratio of 0.00%, Altoona Bible Institute demonstrates financial stability and effective oversight. Additionally, a high program expense ratio of 97.23% indicates that the vast majority of its funds are directed towards its mission-driven programs.
While the organization scores well in many areas, the total score being derived from only one beacon may suggest limitations in evaluating broader operational effectiveness. Nevertheless, the documented policies regarding asset management and board meeting transparency reinforce its responsible management practices. Overall, the Altoona Bible Institute appears to be a reliable choice for donors looking for accountability in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Altoona Bible Institute legitimate?
Altoona Bible Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altoona 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,400
For more financial information, click here
What is the mission statement of Altoona Bible Institute?
The Altoona Bible Institute is dedicated to assisting adults in gaining a deeper understanding of the Bible. This mission is aimed at enhancing the quality of life for those involved. Through their activities, they strive to help individuals decipher the meaning of the Bible, ultimately leading to personal growth and improvement. This institute serves as a resource for adults seeking a better comprehension of Scripture, thereby contributing to their overall well-being.
Who is the CEO of Altoona Bible Institute?
Joe Weber is the President of Altoona Bible Institute.
What is the revenue of Altoona Bible Institute?
Altoona Bible Institute's revenue in 2022 was $45,509.
Who are the executives of Altoona Bible Institute and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Altoona Bible Institute?
Altoona Bible Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Altoona Bible Institute
Altoona Bible Institute, a nonprofit organization, is dedicated to assisting adults in gaining a deeper understanding of the Bible and enhancing their quality of life. The institution's primary mission is to provide adults with the tools necessary to decipher the Bible's meaning and apply its teachings to their daily lives, ultimately leading to personal growth and improvement. Altoona Bible Institute is committed to helping individuals derive valuable insights from the Bible, thereby enriching their lives and promoting a sense of peace and fulfillment.
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Impact
August, 2024
Altoona Bible Institute plays a vital role in empowering adults to deepen their understanding of the Bible and enhance their quality of life. Through its educational programs and resources, the institute equips individuals with the knowledge and tools needed to navigate life's challenges through a spiritual lens. By promoting biblical literacy and personal growth, Altoona Bible Institute contributes to the spiritual and emotional well-being of its participants, fostering a community of empowered and informed individuals.
This information is meant to be a general summary of Altoona 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: $24,256
- Gross Receipts: $45,509
Assets and Liabilities:
- Total Assets: $1,566,939
- Total Liabilities: $0
- Net Assets: $1,566,939
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Organization Details
Founding Year
1960
Principal Officer
Joe Weber
Main Address
711 3RD STREET, ALTOONA, PA, 16602
NTEE Category
Code: B50 - Education
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