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Nonprofiteer
← REISTERSTOWN BIBLE INTERNATIONAL INC

Form 990 for tax year 2024

Filed by REISTERSTOWN BIBLE INTERNATIONAL INC.

Totals

Total revenue
$77,972
Total expenses
$158,829
Contributions and grants received
$26,481
Grants paid
$140,200
Program service revenue
$0
Investment income
$51,491
Other revenue
$0
Total assets, end of year
$868,556
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$868,556
Program services expenses (Part IX)
$142,209
Management and general expenses
$16,620
Fundraising expenses
$0
Program service expenses (Part III)
$142,209

Program services were 89.5% 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

    $26,481

  • 3 · Investment income

    total $37,870 · excluded $37,870

  • 7a · Gross sales of assets other than inventory

    securities $62,349

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

    securities $48,728

  • 7c · Gain or loss

    securities $13,621

  • 7d · Net gain or loss

    total $13,621 · excluded $13,621

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $118,300 · program services $118,300

  • 3 · Grants to foreign organizations and individuals

    total $21,900 · program services $21,900

  • 11c · Fees: accounting

    total $5,700 · management and general $5,700

  • 11f · Fees: investment management

    total $8,782 · management and general $8,782

  • 11g · Fees: other

    total $4,147 · program services $2,009 · management and general $2,138

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $24,536 · end of year $19,871

  • 2 · Savings and temporary cash investments

    beginning of year $61,168 · end of year $61,162

  • 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 $863,721 · end of year $787,523

  • 27 · Net assets without donor restrictions

    beginning of year $949,425 · end of year $868,556

Mission and programs · 2024

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 $142,209 · Grants $140,200

As filed on the 2024 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

Provenance

Return type
form_990
Tax year
2024
Filed
12 February 2026
IRS schema version
2024v5.5
Source object
202630459349300528

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