Overview
What is Rio Grande Bible Institute Inc?
Rio Grande Bible Institute Inc, also known as Instituto Biblico Rio Grande, is a nonprofit organization situated in Edinburg, Texas. Its primary mission is to serve the Hispanic church by offering biblical higher education and other means. The organization provides an affordable accredited undergraduate Bible degree program for Spanish-speaking students, with reduced costs relying heavily on generous donations and labor from staff, volunteers, and donors. Additionally, they offer an intercultural studies program for English-speaking students aiming to learn Spanish. The institute has had the privilege of preparing appointees from 50 different missionary organizations, enriching their Spanish language skills, grammar, phonetics, and cultural understanding through various methods. With approximately 152 employees, Rio Grande Bible Institute Inc is dedicated to glorifying God and serving the Hispanic church community.
Official website here: www.riogrande.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 92% (Four-Star out of Four Stars)
Rio Grande Bible Institute Inc has earned a commendable Four-Star rating from Charity Navigator, indicating strong performance particularly in the areas of Accountability and Finance. The overall score reflects a high level of transparency and fiscal responsibility, with a 92% score in the Accountability & Finance category. Notably, the organization benefits from a fully independent board of directors, ensuring effective governance.
Strengths highlighted in the data include a robust Program Expense Ratio of over 75%, which indicates that a significant portion of funds is directed towards program services rather than administrative expenses. Additionally, the organization has demonstrated financial stability with a low liabilities to assets ratio of 14.30%, alongside an impressive working capital ratio of 3.11 years. The presence of well-defined policies such as conflict of interest, whistleblower, and document retention further enhances their accountability framework.
However, there are some areas for improvement. The organization received a score of zero for the distribution of the tax form to the board before filing, which points to a gap in governance practices. Additionally, loans to or from officers were also missing from the disclosures. Addressing these limitations could further bolster their financial governance and transparency. Overall, Rio Grande Bible Institute Inc shows a strong commitment to effective financial management and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Rio Grande Bible Institute Inc legitimate?
Rio Grande Bible Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rio Grande 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: $73,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,592,911
For more financial information, click here
Official website here: www.riogrande.edu
What is the mission statement of Rio Grande Bible Institute Inc?
The mission of Rio Grande Bible Institute Inc. is centered around glorifying God by serving the Hispanic church. They achieve this by focusing on three key areas: equipping leaders, edifying existing leaders, and reaching out to the lost. Through their affordable Bible degree program, they develop Christ-centered leaders with a biblical worldview, primarily for Spanish-speaking students. Additionally, they offer an intercultural studies program for English-speaking individuals seeking to learn Spanish, providing them with an immersive language and cultural experience. The institute has had the privilege of preparing appointees from various missionary organizations.
Official website here: www.riogrande.edu
Who is the CEO of Rio Grande Bible Institute Inc?
Lawrence Windle is the President of Rio Grande Bible Institute Inc.
Official website here: www.riogrande.edu
What is the revenue of Rio Grande Bible Institute Inc?
Rio Grande Bible Institute Inc's revenue in 2022 was $6,700,846.
Official website here: www.riogrande.edu
Who are the executives of Rio Grande Bible Institute Inc and what are their salaries?
The average compensation at Rio Grande Bible Institute Inc during 2022 was $10,964. There are 152 employees and 300 volunteers at Rio Grande Bible Institute Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $57,072
- Related: $0
- Other: $10,035
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.riogrande.edu
Where can I find the form 990 for Rio Grande Bible Institute Inc?
Rio Grande Bible Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riogrande.edu
Learn more at the official website: www.riogrande.edu
Mission Statement of Rio Grande Bible Institute Inc
Rio Grande Bible Institute Inc's mission is centered around glorifying God by serving the Hispanic church. This is achieved through various means, primarily focusing on equipping leaders, edifying existing leaders, and evangelizing the lost. The institution strives to develop Christ-centered leaders with a biblical worldview for the global church. This is accomplished through an affordable accredited undergraduate Bible degree program designed specifically for Spanish-speaking students. The college provides significant cost reductions, relying heavily on generous donations and the labor of volunteers and donors to make education accessible.
For English-speaking students interested in learning Spanish, Rio Grande Bible Institute Inc offers an intercultural studies program. These students immerse themselves in the language through classwork, interaction, and personal tutoring from Spanish-speaking Bible College students. The institute has a long-standing history of teaching appointees from various missionary organizations, equipping them with the necessary grammar, phonetics, conversation, and cultural understanding to effectively serve their communities. In summary, Rio Grande Bible Institute Inc's mission is to uplift and serve the Hispanic church by fostering spiritual growth, leadership development, and cultural exchange through biblical education.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Rio Grande Bible Institute Inc's impact is felt through its mission to glorify God by serving the Hispanic church through biblical higher education and other means. By providing an affordable accredited undergraduate Bible degree program for Spanish-speaking students, the institute is actively developing Christ-centered leaders with a biblical worldview for the global church. Additionally, their intercultural studies program for English-speaking students desiring to learn Spanish further expands their reach and influence.
Through their educational programs, Rio Grande Bible Institute Inc not only equips leaders but also edifies them, empowering them to better serve their communities and churches. By emphasizing the importance of language and cultural understanding, the institute plays a crucial role in preparing individuals for cross-cultural ministry and outreach. The impact of their work extends beyond the classroom, as they have had the privilege of teaching appointees from 50 different missionary organizations, enriching and empowering them for their future endeavors.
This information is meant to be a general summary of Rio Grande 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,263,248
- Program Service Revenue: $1,039,265
- Gross Receipts: $7,143,597
Assets and Liabilities:
- Total Assets: $14,715,494
- Total Liabilities: $1,586,109
- Net Assets: $13,129,385
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$812,101
Other Program Fees
Revenue
$227,164
Organization Details
Founding Year
1947
Phone
(956) 380-8100Principal Officer
Lawrence Windle
Main Address
4300 South US Highway 281, Edinburg, TX, 78539
Website
www.riogrande.eduNTEE Category
Code: B500 - Education
If you are a representative of Rio Grande Bible Institute Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.