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Pensacola Bible Institute Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 591101615 ✦ Pensacola, FL ✦ Designated as a 501(c)(3)

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Overview

What is Pensacola Bible Institute Inc?

Pensacola Bible Institute Inc is a nonprofit organization situated in Pensacola, Florida. Their primary mission is to educate and prepare individuals, both men and women, for the ministry of the gospel of Jesus Christ. To achieve this, they conduct various religious institutions, such as churches, schools, and pastoriums, all with a focus on spiritual growth, enlightenment, and moral improvement. Their activities also extend to promoting home and foreign missions, aiming to spread their teachings globally. The institute employs a small team of eight individuals, dedicated to fulfilling their mission in their local community and beyond.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

Pensacola Bible Institute Inc has received a low rating due to its significant shortcomings in accountability and finance, scoring only 53%. Notably, the organization lacks independent board members, which raises concerns about governance. Additionally, several key policies, including conflict of interest and whistleblower protections, are missing, indicating potential vulnerabilities in oversight and transparency.

Despite these issues, the institute has demonstrated a strong commitment to its programs, with an impressive program expense ratio of 93.65%. This suggests that a large portion of its expenditures directly supports its mission. However, the absence of a publicly accessible website and other documentation undermines its credibility and accountability to stakeholders.

Overall, while Pensacola Bible Institute Inc shows a dedication to its programs, the lack of independent oversight and missing governance policies highlight significant areas for improvement in its operations and transparency.


This AI summary has been generated from information found on Charity Navigator.

Is Pensacola Bible Institute Inc legitimate?

Pensacola Bible Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pensacola Bible Institute Inc 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: $82,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,661

For more financial information, click here

What is the mission statement of Pensacola Bible Institute Inc?

Pensacola Bible Institute Inc's mission is centered around religious instruction and worship. Its primary objective is to educate and prepare individuals for the ministry of the gospel. The institution aims to instruct its members and others about the fundamental beliefs shared among Baptist churches, promoting spiritual growth and moral enlightenment. Additionally, the institute is committed to advancing home and foreign missions.

Who is the CEO of Pensacola Bible Institute Inc?

Brian Donovan is the President of Pensacola Bible Institute Inc.

What is the revenue of Pensacola Bible Institute Inc?

Pensacola Bible Institute Inc's revenue in 2023 was $66,258.

Who are the executives of Pensacola Bible Institute Inc and what are their salaries?

The average compensation at Pensacola Bible Institute Inc during 2023 was $18,604. There are 8 employees at Pensacola Bible Institute Inc.


Here are 4 key members and their salaries:


Brian Donovan (President)
  • Compensation: $57,993
  • Related: $0
  • Other: $0
Zechariah Colvin (Director)
  • Compensation: $21,882
  • Related: $0
  • Other: $0
Phillip Mcnamera (Director)
  • Compensation: $2,300
  • Related: $0
  • Other: $0
Les Millar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pensacola Bible Institute Inc?

Pensacola Bible Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Pensacola Bible Institute Inc

Pensacola Bible Institute, an esteemed organization, is dedicated to conducting religious worship and instruction through various institutions. Its primary mission is to educate, prepare, and ordain individuals for the ministry of the gospel of Jesus Christ. Beyond this, the institute aims to instruct its members and others about the fundamental beliefs held among Baptist churches. The institute strives to foster spiritual growth, enlightenment, and moral and personal purity among its members and the wider community. Lastly, Pensacola Bible Institute is committed to promoting home and foreign missions, demonstrating its dedication to spreading the teachings of Christianity both locally and globally.

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Impact




August, 2024

Pensacola Bible Institute Inc's impact lies in its mission to educate, prepare, and ordain Christian men and women for the ministry of the gospel of Jesus Christ. By providing religious worship and instruction through churches, schools, and other institutions, the organization contributes to the advancement of spiritual growth, enlightenment, moral and personal purity among its members and the broader community. Additionally, through its promotion of home and foreign missions, Pensacola Bible Institute Inc plays a role in spreading the teachings of the Baptist faith and supporting outreach efforts both locally and internationally.




This information is meant to be a general summary of Pensacola Bible Institute Inc. 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.

Revenue
$66,258 (2023)
Expenses
$227,444 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $66,258
  • Gross Receipts: $66,258

Assets and Liabilities:

  • Total Assets: $790,736
  • Total Liabilities: $2,660
  • Net Assets: $788,076

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tuition

Revenue

$66,258

Organization Details

Founding Year

1965

Principal Officer

Brian Donovan

Main Address

PO Box 6235, Pensacola, FL, 32503

NTEE Category

Code: B42Z - Education

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