Form 990 for tax year 2024
Filed by BIBLES FOR MISSIONSTHRIFT CENTERS.
Totals
- Total revenue
- $7,637,837
- Total expenses
- $6,858,348
- Contributions and grants received
- $126,210
- Grants paid
- $4,596,000
- Program service revenue
- $7,474,342
- Investment income
- $37,285
- Other revenue
- $0
- Total assets, end of year
- $11,339,410
- Total liabilities, end of year
- $2,581,462
- Net assets or fund balances, end of year
- $8,757,948
- Program services expenses (Part IX)
- $6,708,051
- Management and general expenses
- $150,297
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $6,708,051
Program services were 97.8% 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
$126,210
-
2a · Program service revenue: THRIFT STORE SALES
total $7,474,342 · excluded $7,474,342
-
3 · Investment income
total $37,285 · excluded $37,285
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,596,000 · program services $4,596,000
-
5 · Compensation of officers, directors and key employees
total $108,014 · program services $27,004 · management and general $81,010
-
7 · Other salaries and wages
total $208,627 · program services $208,627
-
10 · Payroll taxes
total $16,974 · program services $12,631 · management and general $4,343
-
11c · Fees: accounting
total $10,553 · program services $917 · management and general $9,636
-
12 · Advertising and promotion
total $25,111 · program services $12,954 · management and general $12,157
-
16 · Occupancy
total $971,023 · program services $959,585 · management and general $11,438
-
17 · Travel
total $19,360 · program services $14,897 · management and general $4,463
-
20 · Interest
total $129,053 · program services $129,053
-
22 · Depreciation, depletion and amortization
total $339,218 · program services $326,907 · management and general $12,311
-
24a · Other expenses: STORE EXPENSE
total $100,470 · program services $100,470
-
24b · Other expenses: BANK AND CREDIT CARD FEES
total $84,808 · program services $82,708 · management and general $2,100
-
24c · Other expenses: OFFICE SUPPLIES
total $71,935 · program services $65,265 · management and general $6,670
-
24d · Other expenses: POSTAGE & DELIVERY
total $46,011 · program services $45,920 · management and general $91
-
24e · All other expenses
total $131,191 · program services $125,113 · management and general $6,078
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,340,521 · end of year $2,261,751
-
2 · Savings and temporary cash investments
beginning of year $115,000 · end of year $309,797
-
10a · Land, buildings and equipment: cost or other basis
$11,453,762
-
10b · Land, buildings and equipment: accumulated depreciation
$2,688,629
-
10c · Land, buildings and equipment, net
beginning of year $8,278,039 · end of year $8,765,133
-
15 · Other assets
beginning of year $2,729 · end of year $2,729
-
17 · Accounts payable and accrued expenses
beginning of year $37,892 · end of year $39,566
-
23 · Secured mortgages and notes payable
beginning of year $2,719,938 · end of year $2,541,896
-
27 · Net assets without donor restrictions
beginning of year $7,978,459 · end of year $8,757,948
Mission and programs · 2024
Mission
TO RAISE FUNDS FOR STRATEGICALLY SELECTED MINISTRIES THAT SHARE THE GOOD NEWS OF JESUS CHRIST AROUND THE WORLD.
-
THE ORGANIZATION HAS A NUMBER OF INDIVIDUAL STORES OPERATING IN SEVERAL STATES IN THE USA. THE ORGANIZATION HAS HUNDREDS OF INDIVIDUALS THAT DONATE THEIR TIME TO OPERATE AND MANAGE THE THRIFT STORES. DONATED ITEMS ARE ACCEPTED AT EACH STORE AND PLACED ON THE SALES FLOOR. DONATED GOODS ARE SOLD AT GREATLY REDUCED PRICES TO THE GENERAL PUBLIC. NET PROCEEDS ARE CONTRIBUTED TO THE BIBLE LEAGUE INTERNATIONAL, MINNESOTA COALITION FOR EASTERN EUROPE, IGO WORLDWIDE, WORLD MISSION, LIVING WATER, AND BELLEVUE BAPTIST CHURCH-MISSIONS FUND, AND USED TO PLACE NEW TESTAMENTS AND BIBLES THROUGH OUT THE WORLD. THE BIBLES ARE PLACED IN THE COUNTRIES CHOSEN BY EACH STORE. THROUGH THE EFFORTS OF HUNDREDS OF VOLUNTEERS AT BIBLES FOR MISSIONS THRIFT CENTERS, MILLIONS OF SCRIPTURES HAVE BEEN PLACED WORLDWIDE.
Expenses $6,708,051 · Grants $4,596,000 · Revenue $7,474,342
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John ScafeJOHN SCAFE
NATIONAL DIR
- Total calculated
- $108,014
- From this org
- $108,014
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dan RinzemaDAN RINZEMA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Ken JippingKEN JIPPING
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Curt ChadwickCURT CHADWICK
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Dan JippingDAN JIPPING
ASST. SECRET
- Total calculated
- $0
- Hours/week
- 5
-
Matt VermeerMATT VERMEER
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Julie OziosJULIE OZIOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Merle EmoryMERLE EMORY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ronn KrepsRONN KREPS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Paul TrinkaPAUL TRINKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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
-
$2,209,100
GENERAL SUPPORT
-
$836,800
GENERAL SUPPORT
-
MINNESOTA COALITION FOR E EUROPE
$627,700
GENERAL SUPPORT
-
$369,700
GENERAL SUPPORT
-
$314,500
GENERAL SUPPORT
-
$238,200
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202513159349304491
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