WORLD BIBLE SCHOOL INCORPORATED

As filed

Subsection

03

NTEE code

X800

Classification

7000

Street

16110 ANDERSON MILL RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• ADVERTISING AND PROMOTIONAL PROGRAMS TO RECRUIT STUDENTS FOR WBS PUBLICATIONS, CORRESPONDENCE AND OTHER EDUCATIONAL COURSES.

  Expenses $1,820,170

• COURSE PUBLICATIONS PROVIDE CHRISTIAN EDUCATIONAL MATERIALS TO TEACHERS IN ORDER FOR THEM TO TEACH AND MINISTER TO PEOPLE AROUND THE WORLD.

  Expenses $1,481,124 · Revenue $629,605

• WBS OFFERS COURSES THROUGH THE INTERNET TO REACH A LARGER POPULATION OF STUDENTS.

  Expenses $789,448

• CONTRIBUTION TO EXEMPT ORGANIZATION SUPPORTING TEACHERS AND STUDENTS DEDICATED TO TEACH AND LEARN ABOUT THE GOSPEL OF CHRIST BY USING BIBLE CORRESPONDENCE COURSES. MAILBOXES AND OR SCANNERS HAVE BEEN SET UP IN SEVENTEEN NATIONS FOR LOCAL STUDENTS TO MAIL OR SCAN THEIR LESSONS TO TEACHERS IN THE UNITED STATES. MAILBOXES ALLOW STUDENTS TO MAIL THEIR LESSONS USING CHEAPER DOMESTIC MAIL, RATHER THAN MORE EXPENSIVE INTERNATIONAL MAILING AND SCANNERS SPEED UP THE TIME IN BETWEEN LESSON EXCHANGES.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $5,561,547

  Expenses

  $5,311,847

  Contributions

  $4,695,626

  Grants paid

  $0

• 2023

  Revenue

  $5,549,158

  Expenses

  $4,845,648

  Contributions

  $4,841,690

  Grants paid

  $0

• 2022

  Revenue

  $4,592,996

  Expenses

  $5,135,695

  Contributions

  $3,735,875

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $5,088,787

  Expenses

  $4,289,090

  Assets (EOY)

  $7,160,028

• 2020 · 990

  Revenue

  $5,189,697

  Expenses

  $3,785,392

  Assets (EOY)

  $6,092,442

• 2019 · 990

  Revenue

  $4,963,168

  Expenses

  $4,418,694

  Assets (EOY)

  $4,508,051

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• CHRISTIAN COMMUNITY FOUNDATION OF MEMPHIS AND THE MID-SOUTH INC

  $1,000,000

  2024 · RELIGION

• DONOR ADVISED CHARITABLE GIVING

  $78,050

  2024 · RELIGION RELATED

• DONOR ADVISED CHARITABLE GIVING

  $54,000

  2023 · RELIGION RELATED

• CHRISTIAN COMMUNITY FOUNDATION OF MEMPHIS AND THE MID-SOUTH INC

  $50,000

  2022 · RELIGION

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $49,150

  2023 · For grant recipient's exempt purposes

• KATHLEEN MCGEHEE TRUST

  $32,000

  2023 · MISSION SUPPORT

• KATHLEEN MCGEHEE TRUST

  $32,000

  2022 · MISSION SUPPORT

• KATHLEEN MCGEHEE TRUST

  $32,000

  2024 · MISSION SUPPORT

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $21,000

  2022 · For grant recipient's exempt purposes

• CHRISTIAN COMMUNITY FOUNDATION INC

  $20,000

  2023 · GENERAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files