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Nonprofiteer
← LUTHERAN BIBLE TRANSLATORS INC

Form 990 for tax year 2022

Filed by LUTHERAN BIBLE TRANSLATORS INC.

Totals

Total revenue
$9,491,374
Total expenses
$7,708,446
Contributions and grants received
$8,101,118
Grants paid
$1,442,813
Program service revenue
$0
Investment income
$1,382,727
Other revenue
$7,529
Total assets, end of year
$15,978,876
Total liabilities, end of year
$285,352
Net assets or fund balances, end of year
$15,693,524
Program services expenses (Part IX)
$6,607,254
Management and general expenses
$686,915
Fundraising expenses
$414,277
Program service expenses (Part III)
$6,607,254

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

    $8,101,118

  • 1g · Noncash contributions included above

    $833,913

  • 3 · Investment income

    total $945,826 · excluded $945,826

  • 7a · Gross sales of assets other than inventory

    securities $1,972,606

  • 7b · Less cost or other basis and sales expenses

    securities $1,534,362 · other assets $1,343

  • 7c · Gain or loss

    securities $438,244 · other assets -$1,343

  • 7d · Net gain or loss

    total $436,901 · excluded $436,901

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $7,529 · related or exempt $7,529

  • 11e · Other revenue, total

    $7,529

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $162,349 · program services $162,349

  • 3 · Grants to foreign organizations and individuals

    total $1,280,464 · program services $1,280,464

  • 5 · Compensation of officers, directors and key employees

    total $245,327 · program services $115,462 · management and general $129,865

  • 7 · Other salaries and wages

    total $1,565,866 · program services $1,121,658 · management and general $57,435 · fundraising $386,773

  • 8 · Pension plan contributions

    total $474,579 · program services $380,566 · management and general $94,013

  • 9 · Other employee benefits

    total $295,169 · program services $224,151 · management and general $71,018

  • 10 · Payroll taxes

    total $135,889 · program services $106,589 · management and general $29,300

  • 11f · Fees: investment management

    total $40,737 · management and general $40,737

  • 11g · Fees: other

    total $180,871 · program services $149,792 · management and general $31,079

  • 12 · Advertising and promotion

    total $85,255 · program services $58,791 · fundraising $26,464

  • 13 · Office expenses

    total $137,153 · program services $73,098 · management and general $64,055

  • 16 · Occupancy

    total $171,680 · program services $133,617 · management and general $38,063

  • 17 · Travel

    total $507,329 · program services $426,902 · management and general $80,427

  • 19 · Conferences, conventions and meetings

    total $25,044 · program services $21,847 · management and general $3,197

  • 22 · Depreciation, depletion and amortization

    total $56,538 · program services $51,077 · management and general $5,461

  • 24a · Other expenses: SPECIAL PROJECT

    total $2,079,884 · program services $2,079,884

  • 24b · Other expenses: MISSIONARY/ NATIONAL SUPP

    total $117,558 · program services $114,280 · management and general $3,278

  • 24c · Other expenses: OTHER EXPENSES

    total $83,641 · program services $69,067 · management and general $13,534 · fundraising $1,040

  • 24d · Other expenses: SUPPLIES

    total $35,181 · program services $25,223 · management and general $9,958

  • 24e · All other expenses

    total $27,932 · program services $12,437 · management and general $15,495

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $342,425 · end of year $421,423

  • 2 · Savings and temporary cash investments

    beginning of year $3,284,444 · end of year $2,366,907

  • 3 · Pledges and grants receivable

    beginning of year $1,376,078 · end of year $2,592,900

  • 4 · Accounts receivable

    beginning of year $15,894 · end of year $10,952

  • 9 · Prepaid expenses and deferred charges

    beginning of year $54,692 · end of year $30,550

  • 10a · Land, buildings and equipment: cost or other basis

    $675,846

  • 10b · Land, buildings and equipment: accumulated depreciation

    $506,629

  • 10c · Land, buildings and equipment, net

    beginning of year $179,200 · end of year $169,217

  • 11 · Investments: publicly traded securities

    beginning of year $9,157,682 · end of year $8,420,351

  • 15 · Other assets

    beginning of year $1,494,498 · end of year $1,966,576

  • 17 · Accounts payable and accrued expenses

    beginning of year $122,301 · end of year $285,352

  • 27 · Net assets without donor restrictions

    beginning of year $11,604,416 · end of year $11,700,543

  • 28 · Net assets with donor restrictions

    beginning of year $4,178,196 · end of year $3,992,981

Mission and programs · 2022

Mission

THE MISSION OF LUTHERAN BIBLE TRANSLATORS IS TO MAKE GOD'S WORD ACCESSIBLE TO THOSE WHO DO NOT YET HAVE IT IN THE LANGUAGE OF THEIR HEARTS.

  • FIELDS SERVICES - TO PROVIDE SUPPORT FOR OVERSEAS AND IN COUNTRY MISSIONARIES.

    Expenses $6,017,422 · Grants $1,442,813

  • PROGRAM MINISTRIES - TO TRANSLATE THE BIBLE INTO LOCAL LANGUAGES, TO PROVIDE LITERACY MATERIALS AND TRAINING TO HELP PEOPLE TO READ, AND TO PROVIDE ASSISTANCE FOR THE OTHER NATIONALS DOING THE SAME IN THEIR HOME COUNTRY.

    Expenses $589,832

As filed on the 2022 return.

Listed in Part VII

  • Marlis Norton

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Ltcol Nickie Wilson Usaf Ret

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Rev Dr Wayne Braun

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Edward Lamb

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Deaconess Sonja Baumeister

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Johnnie Driessner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Deaconess Heidi Goehmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Rev Dr Paul Mueller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John Rodenburg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Rev Dr Ron Rall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Janice Wendorf

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Richard Rudowske

    CFO

    Total calculated
    $101,484
    From this org
    $68,996
    From related orgs
    $0
    Other
    $32,488
    Hours/week
    40

  • Michael Rodewald Resigned 123122

    EXECUTIVE DI

    Total calculated
    $143,843
    From this org
    $143,843
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

Provenance

Return type
form_990
Tax year
2022
Filed
21 August 2023
IRS schema version
2022v5.0
Source object
202312349349300841

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