Overview
What is Biblical Life Institute?
Biblical Life Institute is a nonprofit institution situated in Freeport, Pennsylvania, dedicated to theological higher education. Its primary focus is to equip individuals for various roles in Christian ministry. In 2020-21, the institute became a Legacy Partner with Kairos University, an educational organization with global reach, offering undergraduate to doctoral degrees. The institute's mission is to foster faith-driven thought and living, with the ultimate goal of transforming lives and contributing to the growth of God's kingdom. With a modest workforce of five individuals, Biblical Life Institute is committed to shaping the future leaders of the Christian community.
Official website here: www.bli4u.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Biblical Life Institute has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial management. The score is entirely based on their Accountability & Finance metrics, where they achieved a score of 75%. This rating reflects their commitment to maintaining transparency and effective governance, as evidenced by having 100% independent board members and strong policies in place for conflict of interest and whistleblowing.
The organization demonstrates solid financial practices, with no reported material diversion of assets and a favorable liabilities to assets ratio of 1.25%. However, their program expense ratio is at 56.48%, which suggests that a substantial portion of their expenditures may not be directly allocated to their programs. This aspect may limit their overall score in this category, indicating potential areas for improvement in programmatic spending.
Overall, Biblical Life Institute shows a strong commitment to accountability and transparency, which is essential for earning donor trust. While their financial management appears sound, increasing the percentage of funds directed towards their programs could enhance their effectiveness and impact in serving their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Biblical Life Institute legitimate?
Biblical Life Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biblical Life 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: $80,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,928
For more financial information, click here
Official website here: www.bli4u.org
What is the mission statement of Biblical Life Institute?
The Biblical Life Institute, serving as a school of biblical higher education, is dedicated to preparing students for faithful thought and life. Its mission is to transform lives and contribute to building the Kingdom of God. The primary focus of BLI remains in educating men and women for various roles within Christian ministry. In 2020-21, BLI became a legacy partner in Kairos University, an educational initiative that spans globally and offers undergraduate to doctoral degrees.
Official website here: www.bli4u.org
Who is the CEO of Biblical Life Institute?
Gary Bailey is the President of Biblical Life Institute.
Official website here: www.bli4u.org
What is the revenue of Biblical Life Institute?
Biblical Life Institute's revenue in 2022 was $545,614.
Official website here: www.bli4u.org
Who are the executives of Biblical Life Institute and what are their salaries?
The average compensation at Biblical Life Institute during 2022 was $22,866. There are 5 employees and 2 volunteers at Biblical Life Institute.
Here are 9 key members and their salaries:
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Official website here: www.bli4u.org
Where can I find the form 990 for Biblical Life Institute?
Biblical Life Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bli4u.org
Learn more at the official website: www.bli4u.org
Mission Statement of Biblical Life Institute
Biblical Life Institute, a beacon of biblical higher education, is committed to preparing students for faithful thought and life. Its mission is to transform lives and contribute to building the Kingdom of God. By focusing on theological higher education, the institute equips men and women for various roles in Christian ministry. In 2020-21, Biblical Life Institute joined forces with Kairos University, a global educational partner, expanding its initiatives to include undergraduate to doctoral degrees. This collaboration further strengthens Biblical Life Institute's mission to educate and empower individuals in the realm of Christian ministry.
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Impact
July, 2024
Biblical Life Institute's impact can be seen in the lives of individuals who have been equipped and empowered through their theological higher education programs. By preparing students for faithful thought and life, Biblical Life Institute is playing a crucial role in shaping individuals who are ready to serve in various roles within Christian ministry. Through their partnership with Kairos University, Biblical Life Institute has expanded its reach globally, offering educational opportunities from undergraduate to doctoral levels. This institution is contributing to the building of the Kingdom of God by training and sending out individuals who are prepared to make a difference in communities around the world.
This information is meant to be a general summary of Biblical Life 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: $1,399
- Gross Receipts: $545,614
Assets and Liabilities:
- Total Assets: $1,797,645
- Total Liabilities: $22,641
- Net Assets: $1,775,004
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Organization Details
Founding Year
1959
Phone
(724) 295-2464Principal Officer
Gary Bailey
Main Address
927 FREEPORT ROAD, FREEPORT, PA, 16229
Website
www.bli4u.orgNTEE Category
Code: B50 - Education
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