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Institute For Bible Reading

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

EIN: 811363220 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Bible Reading?

The Institute for Bible Reading is a dedicated nonprofit organization, serving as an activist think tank ministry. Its primary objective is to empower churches and individuals to reconnect with the Scriptures, enabling a deeper understanding and application of the Bible in daily life. They achieve this goal through the development of resources, conducting research, and providing educational programs. The Institute's mission is centered around equipping communities to re-engage with the Bible, fostering a meaningful and transformative relationship with its teachings.


Official website here: www.instituteforbiblereading.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75%, Three-Star out of Four Star rating. The Institute For Bible Reading has received a moderate rating primarily based on its Accountability & Finance score. A score of 75% reflects a solid level of financial management, particularly in aspects such as independent board membership and the absence of material asset diversion.

Strengths identified in the evaluation include a fully independent board and transparent financial practices, which are essential for maintaining donor trust. The organization also has a good program expense ratio, indicating a significant portion of its funds are directed toward its mission-related activities.

However, the rating is tempered by significant concerns regarding the liabilities to assets ratio, which stands at an alarming 3610.01%. This suggests potential financial risks that could impact the organization's long-term sustainability. While the charity excels in governance practices, addressing the financial liabilities is critical for its future stability.


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

Is Institute For Bible Reading legitimate?

Institute For Bible Reading is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Bible Reading 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: $84,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.instituteforbiblereading.org

What is the mission statement of Institute For Bible Reading?

The Institute for Bible Reading serves as an activist think tank, primarily dedicated to assisting churches in re-engaging with the Scriptures. Their mission is to equip individuals with the tools needed to effectively read and apply the Bible to their lives. Through resource development, research, and educational programs, the Institute aims to facilitate a deeper understanding and implementation of the Bible.


Official website here: www.instituteforbiblereading.org

Who is the CEO of Institute For Bible Reading?

Scott Bolinder is the Senior Director, Mobilation of Institute For Bible Reading.


Official website here: www.instituteforbiblereading.org

What is the revenue of Institute For Bible Reading?

Institute For Bible Reading's revenue in 2023 was $144,325.


Official website here: www.instituteforbiblereading.org

Who are the executives of Institute For Bible Reading and what are their salaries?


Here are 5 key members and their salaries:


Paul Caminiti (Senior Director, Mobilation)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Glenn Paauw (Senior Director, Content)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Bolinder (Board Chair/Interim Executive Director)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Bob Fryling (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Mortenson Stump (Vice Chair/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.instituteforbiblereading.org

Where can I find the form 990 for Institute For Bible Reading?

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


Official website here: www.instituteforbiblereading.org

Learn more at the official website: www.instituteforbiblereading.org

Mission Statement of Institute For Bible Reading

The Institute for Bible Reading is an activist think tank ministry with a singular focus. Its purpose is to empower churches by providing them with the necessary resources, research, and education. The ultimate goal of this nonprofit is to help individuals reconnect with the Scriptures, enabling them to read and live the Bible effectively. By doing so, the Institute for Bible Reading aims to contribute to a deeper understanding and application of the Bible within various religious communities.

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Impact




October, 2024

The Institute For Bible Reading significantly impacts the way individuals and churches engage with the Scriptures. By focusing on equipping communities to reengage with the Bible, it fosters a deeper understanding and appreciation of biblical texts. This is achieved through a combination of resource development, research, and educational initiatives.

Leveraging its role as an activist think tank, the Institute focuses on creating tools and frameworks that help people not only read the Scriptures more effectively but also integrate biblical teachings into their daily lives. Their efforts aim to transform how Scripture is approached, emphasizing its relevance in contemporary life and encouraging active participation in its teachings.

Through these initiatives, the Institute is instrumental in empowering churches and individuals, helping them navigate the complexities of biblical interpretation and application. This ultimately promotes a revitalized relationship with the Scriptures, leading to enriched spiritual lives and stronger community connections rooted in shared understanding and practice of biblical principles.




This information is meant to be a general summary of Institute For Bible Reading. 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
$144,325 (2023)
Expenses
$141,895 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $144,325

Assets and Liabilities:

  • Total Assets: $13,395
  • Total Liabilities: $483,562
  • Net Assets: -$470,167

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Organization Details

Founding Year

2016

Principal Officer

Scott Bolinder

Main Address

1549 Lake Grove Ave SE, Grand Rapids, MI, 49506

NTEE Category

Code: X99 - Religion related

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