Skip to content
Nonprofiteer
← MASTERS BIBLE SCHOOL

Form 990 for tax year 2022

Filed by MASTERS BIBLE SCHOOL.

Totals

Total revenue
$452,444
Total expenses
$435,985
Contributions and grants received
$452,444
Grants paid
$185,670
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$161,007
Total liabilities, end of year
$8,271
Net assets or fund balances, end of year
$152,736
Program services expenses (Part IX)
$419,199
Management and general expenses
$16,786
Fundraising expenses
$0
Program service expenses (Part III)
$419,199

Program services were 96.1% 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

    $452,444

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $185,670 · program services $185,670

  • 7 · Other salaries and wages

    total $64,040 · program services $53,640 · management and general $10,400

  • 10 · Payroll taxes

    total $4,130 · program services $3,459 · management and general $671

  • 11c · Fees: accounting

    total $2,520 · management and general $2,520

  • 12 · Advertising and promotion

    total $577 · program services $577

  • 13 · Office expenses

    total $17,291 · program services $15,001 · management and general $2,290

  • 17 · Travel

    total $3,176 · program services $3,176

  • 19 · Conferences, conventions and meetings

    total $1,693 · program services $1,693

  • 24a · Other expenses: DIRECT MINISTRY EXPENSE

    total $153,267 · program services $153,267

  • 24b · Other expenses: TELEPHONE

    total $3,621 · program services $2,716 · management and general $905

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $135,274 · end of year $160,268

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

    $739

  • 10c · Land, buildings and equipment, net

    beginning of year $739 · end of year $739

  • 25 · Other liabilities

    beginning of year -$264 · end of year $8,271

  • 27 · Net assets without donor restrictions

    beginning of year $136,277 · end of year $152,736

Mission and programs · 2022

Mission

ORGANIZATIONS PRIMARY MISSION IS TO TRAIN AND EQUIP PASTORS AND TEACHERS WHO IN TURN WILL DISCIPLE UNREACHED PEOPLE GROUPS AROUND THE WORLD.

Activities or mission (Part I)

MASTERS BIBLE SCHOOL IS A MULTI-CHURCH MISSIONS TRAINING OUTREACH FOCUSING ON CHRIST CENTERED TEACHING.

  • TO TRAIN PASTORS AND MISSIONARIES WORKING WITH UNREACHED PEOPLE GROUPS AROUND THE WORLD.

    Expenses $419,199 · Grants $185,670

As filed on the 2022 return.

Listed in Part VII

  • Timothy Payne

    DIRECTOR

    Total calculated
    $0
  • John Rideout

    DIRECTOR

    Total calculated
    $0
  • Ronald Rust

    DIRECTOR

    Total calculated
    $0
  • Travis Hunt

    PRESIDENT

    Total calculated
    $0

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

  • LIGHT PROJECT

    $56,285

  • INTERNATIONAL CHRISTIAN RESPONSE

    $42,000

  • HOPE FOUND

    $26,907

  • ZAHID MINISTRIES

    $25,678

  • FAMILY TO FAMILY

    $19,900

  • UNREACHED VILLAGES

    $14,900

Provenance

Return type
form_990
Tax year
2022
Filed
9 May 2023
IRS schema version
2022v5.0
Source object
202331359349305663

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.