Form 990 for tax year 2023
Filed by REISTERSTOWN BIBLE INTERNATIONAL INC.
Totals
- Total revenue
- $58,601
- Total expenses
- $151,129
- Contributions and grants received
- $19,845
- Grants paid
- $127,450
- Program service revenue
- $0
- Investment income
- $38,756
- Other revenue
- $0
- Total assets, end of year
- $949,425
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $949,425
- Program services expenses (Part IX)
- $129,449
- Management and general expenses
- $21,680
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $129,449
Program services were 85.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$19,845
-
3 · Investment income
total $30,883 · excluded $30,883
-
7a · Gross sales of assets other than inventory
securities $146,833
-
7b · Less cost or other basis and sales expenses
securities $138,960
-
7c · Gain or loss
securities $7,873
-
7d · Net gain or loss
total $7,873 · excluded $7,873
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $121,950 · program services $121,950
-
3 · Grants to foreign organizations and individuals
total $5,500 · program services $5,500
-
11c · Fees: accounting
total $10,995 · management and general $10,995
-
11f · Fees: investment management
total $8,979 · management and general $8,979
-
24a · Other expenses: WEBSITE
total $1,799 · program services $1,799
-
24b · Other expenses: BANK FEES
total $1,706 · management and general $1,706
-
24c · Other expenses: POSTAGE
total $200 · program services $200
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $26,841 · end of year $24,536
-
2 · Savings and temporary cash investments
beginning of year $61,277 · end of year $61,168
-
10a · Land, buildings and equipment: cost or other basis
$5,522
-
10b · Land, buildings and equipment: accumulated depreciation
$5,522
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $880,729 · end of year $863,721
-
27 · Net assets without donor restrictions
beginning of year $968,847 · end of year $949,425
Mission and programs · 2023
Mission
"THE MISSION OF REISTERSTOWN BIBLE INTERNATIONAL IS TO SUPPORT NATIONAL MISSIONARIES IN FURTHERANCE OF SPREADING THE GOSPEL OF JESUS CHRIST TO THE ENDS OF THE EARTH, AND EQUIPPING EVANGELISTS, PASTORS AND TEACHERS OF THE WORD OF GOD AS MANDATED BY THE BIBLE IN THE BOOK OF ACTS."
-
PROVIDE FINANCIAL ASSISTANCE TO MISSIONARIES AND NATIONAL PASTORS WHOSE JOB IT IS TO SHARE THE GOSPEL.
Expenses $129,449 · Grants $127,450
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
FRANK ONESTY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 12
-
CRAIG HOMESLEY
TREASURER
- Total calculated
- $0
- Hours/week
- 12
-
LUIS VILLAFANIA
SECRETARY
- Total calculated
- $0
- Hours/week
- 12
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
MISSIONARY ACTIVITIES
-
$11,800
MISSIONARY ACTIVITIES
-
$10,000
MISSIONARY ACTIVITIES
-
$7,200
MISSIONARY ACTIVITIES
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 4 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510389349300706
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