Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $378,214

• 1f · All other contributions, gifts and grants

  $3,110,988

• 1g · Noncash contributions included above

  $1,064

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $128,340 · excluded $128,340

• 5 · Royalties

  total $4,122 · excluded $4,122

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $38,627 · other assets $500,000

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

  securities $40,342 · other assets $0

• 7c · Gain or loss

  securities -$1,715 · other assets $500,000

• 7d · Net gain or loss

  total $498,285 · excluded $498,285

• 10a · Gross sales of inventory

  $17,237

• 10b · Cost of goods sold

  $2,754

• 10c · Net income from sales of inventory

  total $14,483 · related or exempt $14,483

• 11d · All other revenue

  total $13,429 · related or exempt $0 · unrelated business $0 · excluded $13,429

• 11e · Other revenue, total

  $13,429

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,630 · program services $1,630

• 3 · Grants to foreign organizations and individuals

  total $35,185 · program services $35,185

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $1,030,687 · program services $641,691 · management and general $210,775 · fundraising $178,221

• 7 · Other salaries and wages

  total $537,405 · program services $436,558 · management and general $32,163 · fundraising $68,684

• 9 · Other employee benefits

  total $138,192 · program services $104,067 · management and general $9,775 · fundraising $24,350

• 10 · Payroll taxes

  total $106,635 · program services $75,266 · management and general $15,619 · fundraising $15,750

• 11b · Fees: legal

  total $12,280 · management and general $12,280

• 11c · Fees: accounting

  total $65,759 · management and general $65,759

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 12 · Advertising and promotion

  total $5,858 · program services $5,858

• 13 · Office expenses

  total $124,219 · program services $64,194 · management and general $24,609 · fundraising $35,416

• 14 · Information technology

  total $156,133 · program services $132,491 · management and general $6,867 · fundraising $16,775

• 16 · Occupancy

  total $76,081 · program services $53,028 · management and general $11,481 · fundraising $11,572

• 17 · Travel

  total $139,429 · program services $95,408 · management and general $11,422 · fundraising $32,599

• 19 · Conferences, conventions and meetings

  total $10,919 · program services $9,368 · management and general $743 · fundraising $808

• 20 · Interest

  total $110,832 · program services $76,985 · management and general $17,017 · fundraising $16,830

• 22 · Depreciation, depletion and amortization

  total $712,087 · program services $696,544 · management and general $15,543

• 23 · Insurance

  total $34,653 · program services $24,153 · management and general $5,229 · fundraising $5,271

• 24a · Other expenses: GoTandem

  total $350,622 · program services $334,499 · management and general $16,123

• 24b · Other expenses: Literature

  total $130,585 · program services $81,441 · fundraising $49,144

• 24c · Other expenses: Radio/TV Production

  total $86,225 · program services $64,898 · management and general $3,600 · fundraising $17,727

• 24d · Other expenses: Website Design

  total $20,556 · program services $16,445 · fundraising $4,111

• 24e · All other expenses

  total $64,230 · program services $15,125 · management and general $5,102 · fundraising $44,003

• 26 · Joint costs (an allocation of the lines above)

  total $722,447 · program services $429,749 · management and general $68,815 · fundraising $223,883

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $19,659 · end of year $22,641

• 2 · Savings and temporary cash investments

  beginning of year $384,304 · end of year $549,873

• 3 · Pledges and grants receivable

  beginning of year $568,890 · end of year $378,802

• 4 · Accounts receivable

  beginning of year $23,646 · end of year $34,934

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  end of year $375,000

• 8 · Inventories for sale or use

  beginning of year $30,788 · end of year $26,838

• 9 · Prepaid expenses and deferred charges

  beginning of year $11,910 · end of year $7,769

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

  $4,710,812

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

  $4,024,258

• 10c · Land, buildings and equipment, net

  beginning of year $1,383,098 · end of year $686,554

• 11 · Investments: publicly traded securities

  beginning of year $621 · end of year $621

• 12 · Investments: other securities

  beginning of year $3,161,808 · end of year $3,569,198

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $133,716

• 17 · Accounts payable and accrued expenses

  beginning of year $626,685 · end of year $500,857

• 19 · Deferred revenue

  beginning of year $31,955 · end of year $125,000

• 22 · Loans and payables to officers and key people

  end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $1,140,627 · end of year $1,107,679

• 25 · Other liabilities

  beginning of year $2,224,937 · end of year $1,842,698

• 27 · Net assets without donor restrictions

  beginning of year -$1,611,841 · end of year -$1,218,605

• 28 · Net assets with donor restrictions

  beginning of year $3,172,361 · end of year $3,428,317

The filer's explanations (Part III)

Schedule J, Part I, Line 1a First-class or charter travel

First-class travel: At times, business class travel is used for long-haul international trips for designated employees (with CEO approval.) This allows employees to "hit the ground running" to accomplish more in less time- maximizing the employee's effectiveness while minimizing the time needed to be spent in the foreign country. Multiple destinations can also be visited by the individual on the same trip in less time when compared to the multiple trips and extra days on location required by economy class travel. This is not treated as taxable income.

Schedule J, Part I, Line 1a Travel for companions

Travel for Spouse Volunteers: Corporate Chief Executive Officer, Arnold Cole's spouse volunteer travels with him on occasion in order to assist with business related tasks of the organization. These tasks include, but are not limited to: public relations activities for BTTB; customer service at book or information displays; advocacy for BTTB's program activities in fundraising meetings; other communication and/or prayer support with donors and listeners; and administrative support. If the spouse volunteer travel is deemed business related by leadership, it is not treated as taxable income.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• Charitable remainder unitrusts (7)

  Hold assets and remit income to BTTB · NE · controlled entity

  Directly controlled by Back to the Bible

• Permanently restricted trust (1)

  Hold Assets and remit income to BTTB · NE · controlled entity

  Directly controlled by Back to the Bible