Overview
What is Bbl Ministries Inc?
Bbl Ministries Inc is a nonprofit organization located in Aliso Viejo, California. Their primary focus is to empower Chinese business leaders by promoting and organizing BizMin groups. They developed and translated a 10-week course material into Mandarin, and 125 individuals completed this program. Additionally, they provided life and business coaching to 24 individuals, and shared recommended resources through regular mailings to approximately 105 Christian executives or business leaders. Their mission is to equip Christian CEOs and business leaders to live for Christ in their professional spheres, positioning the cross of Christ at the center of the marketplace.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (37%)
Bbl Ministries Inc has received a Zero-Star out of Four Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The overall score of 37% is derived solely from the Accountability & Finance beacon, where issues like missing policies and a poor program expense ratio contributed to the low rating. While the organization does benefit from having an independent board and no material diversion of assets, these strengths are overshadowed by shortcomings in financial transparency and governance.
The score highlights that while the majority of board members are independent, essential governance policies such as a whistleblower policy and document retention policies are absent. Furthermore, the organization failed to provide board meeting minutes and did not post its tax form on its website, which are critical for maintaining transparency with donors and stakeholders.
Financially, Bbl Ministries Indicated a negative liabilities-to-assets ratio and a low program expense ratio of 48.67%, suggesting that a significant portion of its resources may not be directed toward its programs, which could raise further concerns for potential donors. Overall, there are notable strengths in governance but critical areas needing improvement that could affect trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Bbl Ministries Inc legitimate?
Bbl Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bbl Ministries 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: $139,013
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Bbl Ministries Inc?
Bbl Ministries Inc's mission is centered around equipping Christian CEOs and business leaders to live their lives in alignment with their faith within their professional spheres. They strive to position the cross of Christ as a focal point in the marketplace, empowering these individuals to make a spiritual impact in their respective industries. The organization provides resources and coaching to facilitate this transformation, including conducting workshops, translating course materials, and distributing relevant articles and devotional thoughts to a network of Christian executives and business leaders.
What is the revenue of Bbl Ministries Inc?
Bbl Ministries Inc's revenue in 2023 was $225,534.
Who are the executives of Bbl Ministries Inc and what are their salaries?
There 5 volunteers at Bbl Ministries Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $139,013
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bbl Ministries Inc?
Bbl Ministries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bbl Ministries Inc
Bbl Ministries Inc is dedicated to a unique mission. They strive to empower Christian CEOs and business leaders to live their lives in accordance with their faith, raising the symbol of Christianity in their professional spheres. By doing so, they aim to position the cross of Christ at the heart of the marketplace. This mission is achieved through various means, such as creating BizMin groups within the Chinese business community, providing leadership training for these groups, and offering resources like recommended articles, books, and devotional thoughts to Christian executives and business leaders. Additionally, individuals receive personalized coaching in both life and business matters, helping them navigate their professional and personal lives in alignment with their faith.
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Impact
October, 2024
Bbl Ministries Inc significantly impacts Christian CEOs and business leaders by equipping them to embody their faith in their professional environments. Through the implementation of BizMin groups, the organization fosters community and leadership among Chinese business leaders, demonstrating a commitment to cultural relevance by translating course materials into Mandarin. This initiative has successfully guided 125 individuals through a comprehensive 10-week course, enhancing their ability to integrate faith with business practices.
Additionally, Bbl Ministries offers tailored life and business coaching, having personally supported 24 individuals in their professional journeys. Regular communications—such as curated articles, books, and devotional insights—reach around 105 Christian executives, providing ongoing encouragement and resources for faith-driven leadership. The organization also plays a vital role in strategic planning within the BizMin executive team, ensuring that their efforts align with the needs of the community they serve. Overall, Bbl Ministries Inc is instrumental in raising the profile of Christian leadership in the marketplace, fostering both personal and professional growth aligned with Christian values.
This information is meant to be a general summary of Bbl Ministries 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 2023.
- Program Service Revenue: $205,534
- Gross Receipts: $225,534
Assets and Liabilities:
- Total Assets: $89,995
- Total Liabilities: -$3,344
- Net Assets: $93,339
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Licensing fees
Revenue
$205,534
Organization Details
Founding Year
1998
Principal Officer
Brian Thatcher
NTEE Category
Code: J22 - Employment
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