Overview
What is Sociedad Biblica De Pr Inc?
Sociedad Biblica De Pr Inc is a nonprofit organization situated in San Juan, Puerto Rico. Their primary focus is on distributing Bibles and other religious literature within the region. This mission is driven by their commitment to promoting and advancing Christian beliefs and education. They also organize educational conferences and events to further their cause. The organization operates with a specific purpose to spread the word of God in Puerto Rico and beyond.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Stars)
Sociedad Biblica De Pr Inc has received a Two-Star rating from Charity Navigator, indicating a score of 65%. This rating primarily reflects the organization's accountability and finance metrics. The charity demonstrates strong governance practices, with a fully independent board and no material diversion of assets, suggesting a commitment to integrity and transparency.
However, the organization has notable weaknesses in its financial management. The program expense ratio stands at 57.64%, indicating that less than 60% of its expenses are directed toward programs, which may raise concerns about the efficiency of its operations. Additionally, the absence of a whistleblower policy and document retention procedures could impact the organization’s accountability.
Overall, while Sociedad Biblica De Pr Inc maintains a strong governance structure, its financial efficiency and certain policy gaps present areas for potential improvement. Stakeholders may want to consider these factors when evaluating the organization's impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Sociedad Biblica De Pr Inc legitimate?
Sociedad Biblica De Pr Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sociedad Biblica De Pr 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,205
For more financial information, click here
What is the mission statement of Sociedad Biblica De Pr Inc?
The mission of Sociedad Biblica De Pr Inc is centered around the distribution of Bibles and other religious literature in Puerto Rico. This endeavor is carried out with the aim of advancing the teachings of God in various nations. The primary activity of the organization involves expenditures towards Bible distribution and organizing educational conferences to promote and strengthen Christian beliefs and education.
Who is the CEO of Sociedad Biblica De Pr Inc?
Heriberto Martinez is the Principal Officer of Sociedad Biblica De Pr Inc.
What is the revenue of Sociedad Biblica De Pr Inc?
Sociedad Biblica De Pr Inc's revenue in 2022 was $144,381.
Who are the executives of Sociedad Biblica De Pr Inc and what are their salaries?
There 2 volunteers at Sociedad Biblica De Pr Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Sociedad Biblica De Pr Inc?
Sociedad Biblica De Pr Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sociedad Biblica De Pr Inc
Sociedad Biblica De Pr Inc, a nonprofit organization, is dedicated to the distribution of Bibles and other religious literature in Puerto Rico. Their mission is centered around the advancement of the word of God in nations, specifically focusing on Puerto Rico. Through their activities, they aim to spread Christian beliefs and education, investing in expenses related to Bible distribution and related educational conferences. The organization's work is instrumental in promoting religious literature and fostering a deeper understanding of Christian beliefs among the Puerto Rican population.
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Impact
October, 2024
Sociedad Biblica De Pr Inc significantly impacts the spiritual landscape of Puerto Rico through its dedication to the distribution of Bibles and religious literature. By facilitating access to these resources, it plays a vital role in promoting Christian beliefs and education across the island.
Through its activities, the organization not only spreads the message of Christianity but also enhances understanding and engagement within the community. Its efforts include organizing educational programs and conferences that encourage deeper exploration of faith, fostering a supportive environment for individuals seeking to grow spiritually. The presence of Sociedad Biblica De Pr Inc in San Juan and throughout Puerto Rico contributes to a greater awareness and appreciation of religious teachings, ultimately aiding in the advancement of the word of God throughout the nation.
This information is meant to be a general summary of Sociedad Biblica De Pr 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $73
- Gross Receipts: $255,856
Assets and Liabilities:
- Total Assets: $1,223,183
- Total Liabilities: $600,414
- Net Assets: $622,769
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Organization Details
Founding Year
1974
Phone
(787) 754-4460Principal Officer
Heriberto Martinez
Main Address
PO Box 21095, San Juan, PR, 00928
NTEE Category
Code: X20 - Religion related
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