Overview
What is The Moody Bible Institute Of Chicago?
The Moody Bible Institute of Chicago is a renowned nonprofit organization dedicated to higher education and media ministry. With a mission to equip individuals with the truth of God's Word, Moody fosters the growth of maturing followers of Christ who make disciples worldwide. The organization boasts a fully-accredited undergraduate school and seminary, along with distance learning opportunities. Moody Radio and Moody Publishers are two primary initiatives, expanding its reach beyond education. With a workforce of 1,784 employees, Moody's student body consists of 2,411 individuals from 50 states and 57 countries. Approximately 6% of students are international, represented in both undergraduate and graduate programs. Majors and emphases offered include ministry, biblical studies, theology, and educational fields. Graduate programs encompass Biblical Spiritual Formation and Discipleship, Ministry Leadership, and various specializations in counseling and TESOL.
Official website here: www.moodybible.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98%, Four-Star out of Four Star rating.
The Moody Bible Institute of Chicago has achieved an impressive 98% score on Charity Navigator, reflecting its strong performance in accountability and finance. This high rating is derived from a single beacon score, demonstrating the organization's commitment to financial transparency and responsible management of resources. The independent composition of its board and robust policies in place underscore the organization’s dedication to ethical governance and accountability.
Key strengths noted in the assessment include a high percentage of independent board members and a well-structured audit and oversight committee, both of which contribute to its solid financial health. The organization boasts an excellent program expense ratio of 84.22%, which indicates that a significant portion of its expenditures directly supports its programs. Additionally, a low fundraising efficiency ratio of $0.20 highlights effective fundraising practices, ensuring that donor contributions are maximized for impact.
While the nonprofit performs exceptionally well in many areas, one limitation is the absence of a publicly posted donor privacy policy, which was noted in the evaluation. However, the overall financial profiles, including a healthy liabilities to assets ratio and substantial working capital, suggest that The Moody Bible Institute is well-positioned for continued operation and growth in its mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is The Moody Bible Institute Of Chicago legitimate?
The Moody Bible Institute Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Moody Bible Institute Of Chicago 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: $3,049,466
Professional Fundraising Fees: $833,777
Other Salaries and Wages: $46,499,266
For more financial information, click here
Official website here: www.moodybible.org
What is the mission statement of The Moody Bible Institute Of Chicago?
The Moody Bible Institute is a higher education and media ministry devoted to helping individuals grow in their faith and become disciples of Christ. Through its core activities – education, radio broadcasting, and publishing – Moody equips people with the knowledge of God's Word. The Institute's undergraduate school and seminary offer accredited programs, while Moody Radio and Moody Publishers extend the reach of the Institute's mission. The ultimate goal is to develop mature followers of Christ who share the gospel message with the world.
Official website here: www.moodybible.org
Who is the CEO of The Moody Bible Institute Of Chicago?
Mark Jobe is the President & Ceo of The Moody Bible Institute Of Chicago. The CEO's salary of The Moody Bible Institute Of Chicago is $258,627 and their total compensation is $351,059.
Official website here: www.moodybible.org
What is the revenue of The Moody Bible Institute Of Chicago?
The Moody Bible Institute Of Chicago's revenue in 2022 was $263,295,292.
Official website here: www.moodybible.org
Who are the executives of The Moody Bible Institute Of Chicago and what are their salaries?
The average compensation at The Moody Bible Institute Of Chicago during 2022 was $27,774. There are 1784 employees and 20 volunteers at The Moody Bible Institute Of Chicago.
Here are 33 key members and their salaries (The Moody Bible Institute Of Chicago's CEO's salary is $258,627 and their total compensation is $351,059):
- Compensation: $258,627
- Related: $0
- Other: $92,432
- Compensation: $217,506
- Related: $0
- Other: $0
- Compensation: $187,109
- Related: $0
- Other: $29,915
- Compensation: $108,738
- Related: $0
- Other: $106,999
- Compensation: $165,620
- Related: $0
- Other: $38,783
- Compensation: $172,013
- Related: $0
- Other: $21,936
- Compensation: $158,517
- Related: $0
- Other: $17,102
- Compensation: $153,832
- Related: $0
- Other: $20,793
- Compensation: $139,575
- Related: $0
- Other: $32,242
- Compensation: $150,254
- Related: $0
- Other: $19,064
- Compensation: $143,198
- Related: $0
- Other: $25,500
- Compensation: $138,829
- Related: $0
- Other: $27,507
- Compensation: $134,396
- Related: $0
- Other: $17,301
- Compensation: $124,778
- Related: $0
- Other: $26,200
- Compensation: $118,959
- Related: $0
- Other: $30,213
- Compensation: $119,585
- Related: $0
- Other: $24,449
- Compensation: $116,113
- Related: $0
- Other: $24,214
- Compensation: $111,800
- Related: $0
- Other: $23,585
- Compensation: $115,779
- Related: $0
- Other: $17,300
- Compensation: $83,475
- Related: $0
- Other: $43,176
- Compensation: $47,939
- Related: $0
- Other: $69,581
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
Official website here: www.moodybible.org
Where can I find the form 990 for The Moody Bible Institute Of Chicago?
The Moody Bible Institute Of Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.moodybible.org
Learn more at the official website: www.moodybible.org
Mission Statement of The Moody Bible Institute Of Chicago
The Moody Bible Institute, a renowned higher education and media ministry, is dedicated to equipping individuals with the truth of God's Word, fostering maturing followers of Christ who are making disciples worldwide. Established with a clear mission, Moody's primary focus lies in three key areas: education, radio broadcasting, and publishing.
In the realm of education, Moody Bible Institute operates a fully-accredited undergraduate school and seminary, catering to students seeking a deeper understanding of the Scriptures. Additionally, Moody offers distance learning opportunities, extending its reach beyond traditional classroom settings. With a commitment to spiritual growth and academic excellence, Moody's education branch equips students to spread the Word of God effectively.
Beyond education, MBI's media ministries, Moody Radio and Moody Publishers, expand its influence and impact. Moody Radio broadcasts the gospel message through various channels, reaching millions of listeners around the world. This media platform aims to inspire, educate, and encourage listeners, fostering a community of faith.
Moody Publishers, on the other hand, produces and distributes biblical resources, including books, Bible studies, and other media. By making these resources widely available, MBI's publishing arm helps nurture spiritual growth and strengthens the faith of believers.
Through its comprehensive educational and media ministries, The Moody Bible Institute of Chicago empowers students and listeners to deepen their connection with God and share the message of His love with others, thus making disciples around the world.
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Impact
October, 2024
The Moody Bible Institute of Chicago plays a transformative role in equipping individuals with a deep understanding of biblical teachings, fostering both personal and communal growth in faith. With a diverse student body representing all 50 states and over 57 countries, it cultivates a global community of learners committed to the advancement of Christian principles and discipleship.
Moody’s educational programs span from undergraduate certificates to advanced degrees, providing a comprehensive array of options for students interested in various fields of ministry and theology. These include areas like Biblical Studies, Ministry Leadership, Counseling, and Intercultural Studies, enabling graduates to serve effectively in a wide range of roles within the church and beyond.
In addition to its educational offerings, Moody engages with broader audiences through its media ministries, including Moody Radio and Moody Publishers. This outreach enhances its impact by disseminating biblical knowledge and resources, ultimately supporting individuals in their journey to become maturing followers of Christ.
The institute's commitment to educating students to think biblically, live Christianly, and serve effectively underscores its mission to create disciples who can lead and inspire others. Through its multifaceted approach, the Moody Bible Institute continues to influence communities locally and globally, nurturing leaders who are dedicated to spreading the Gospel and serving others.
This information is meant to be a general summary of The Moody Bible Institute Of Chicago. 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: $146,293,059
- Program Service Revenue: $58,537,041
- Gross Receipts: $307,651,026
Assets and Liabilities:
- Total Assets: $517,402,862
- Total Liabilities: $181,146,623
- Net Assets: $336,256,239
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Auxilliary Services
Revenue
$11,250,868
Other-Public Service
Revenue
$8,565,593
Sales of Literature
Revenue
$21,329,541
Tuition and Student Fees
Revenue
$17,391,039
Organization Details
Founding Year
1887
Phone
(312) 329-4000Principal Officer
Mark Jobe
Main Address
820 N LaSalle Blvd, Chicago, IL, 60610
Website
www.moodybible.orgNTEE Category
Code: B500 - Education
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