Overview
What is Theological Book Network?
The Theological Book Network is a nonprofit organization situated in Grand Rapids, Michigan. Their primary mission is to enhance theological education globally by distributing high-quality academic books and journals. Specifically, they ship these resources to libraries in seminaries, colleges, and universities located in Africa, Asia, Eastern Europe, Latin America, and the Middle East. These institutions play a crucial role in providing theological training. In the last documented instance, they shipped approximately 72,865 books and journals to 208 institutions in six different countries. The organization is staffed by a team of seven dedicated individuals.
Official website here: www.theologicalbooknetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Theological Book Network has earned a strong Four-Star rating on Charity Navigator, reflecting its commitment to high standards in accountability and finance. The charity's overall score is derived solely from its accountability metrics, showcasing a solid performance in areas such as financial oversight and board independence.
Strengths of the organization include a fully independent board and an effective audit and oversight structure. It demonstrates a commendable program expense ratio of 93.58%, indicating that a significant portion of its funding is directed toward its mission-related activities. Other positive factors include the implementation of conflict of interest and whistleblower policies, enhancing its governance framework.
However, while the organization shows strong financial health through metrics like a 52.28% liabilities to assets ratio, it's important to monitor for any potential changes in this ratio over time. Overall, Theological Book Network appears well-managed and transparent in its operations, making it a trustworthy option for donors seeking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Theological Book Network?
Though Theological Book Network has not yet accumulated an overall rating, the reviews provided indicate a positive sentiment towards its mission. One user expressed enthusiasm about donating their extensive library, emphasizing the worthwhile cause of passing on books to individuals who genuinely need them.
This sentiment reflects a desire among supporters to give back and contribute to the community. The nonprofit appears to resonate well with those looking to share their resources, suggesting that it effectively engages individuals committed to its vision. Overall, the nonprofit's mission to distribute theological literature is appreciated by those who are considering participation.
This AI summary has been generated from reviews found on Facebook.
Is Theological Book Network legitimate?
Theological Book Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theological Book Network 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: $207,813
For more financial information, click here
Official website here: www.theologicalbooknetwork.org
What is the mission statement of Theological Book Network?
The Theological Book Network aims to supply high-quality academic books and journals to the libraries of various educational institutions in regions such as Africa, Asia, Eastern Europe, Latin America, and the Middle East. These institutions offer theological training. The organization's mission is to ship these essential resources, specifically theological books, to support the seminary services of these institutions, thereby enriching their academic offerings. As of the provided information, they have delivered 72865 printed books and journals to 208 institutions in six different countries.
Official website here: www.theologicalbooknetwork.org
Who is the CEO of Theological Book Network?
Matthew Heynen is the Treasurer of Theological Book Network. The CEO's salary of Theological Book Network is $77,317 and their total compensation is $77,317.
Official website here: www.theologicalbooknetwork.org
What is the revenue of Theological Book Network?
Theological Book Network's revenue in 2021 was $2,834,449.
Official website here: www.theologicalbooknetwork.org
Who are the executives of Theological Book Network and what are their salaries?
The average compensation at Theological Book Network during 2021 was $29,688. There are 7 employees and 3 volunteers at Theological Book Network.
Here are 6 key members and their salaries (Theological Book Network's CEO's salary is $77,317 and their total compensation is $77,317):
- Compensation: $77,317
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.theologicalbooknetwork.org
Where can I find the form 990 for Theological Book Network?
Theological Book Network's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.theologicalbooknetwork.org
Learn more at the official website: www.theologicalbooknetwork.org
Mission Statement of Theological Book Network
The Theological Book Network is committed to a noble mission. This organization aims to enrich the libraries of seminaries, colleges, and universities situated in Africa, Asia, Eastern Europe, Latin America, and the Middle East. These educational institutions play a pivotal role in providing theological training. The Theological Book Network's primary objective is to equip these institutions with quality academic books and journals to support their theological studies. Through its efforts, the network has shipped a substantial number of 72,865 printed books and journals to 208 institutions in six different countries. Each shipment is meticulously curated to ensure it includes theological resources that bolster seminary services.
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Impact
October, 2024
The Theological Book Network significantly enhances theological education across diverse regions, including Africa, Asia, Eastern Europe, Latin America, and the Middle East. By shipping 72,865 printed books and journals to 208 institutions, it addresses the critical need for quality academic resources in seminaries, colleges, and universities dedicated to theological training.
This impact extends beyond mere numbers; each shipment strengthens the educational framework within which future leaders and scholars are formed. Access to these resources fosters a deeper understanding of theological concepts and supports the delivery of robust seminary services. By facilitating the growth of libraries in underserved areas, the Theological Book Network plays a crucial role in promoting advanced theological education, enabling institutions to nurture informed and well-equipped individuals for ministry and leadership within their communities.
This information is meant to be a general summary of Theological Book Network. 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 2021.
- Investment Income: $15
- Gross Receipts: $2,834,449
Assets and Liabilities:
- Total Assets: $473,770
- Total Liabilities: $43,418
- Net Assets: $430,352
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Organization Details
Founding Year
2002
Phone
(616) 532-3890Principal Officer
Matthew Heynen
Main Address
3529 Patterson Ave SE, Grand Rapids, MI, 49512
NTEE Category
Code: B129 - Education
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