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BEE World

Rating
Sector:

Evangelism Support

Total
Revenue:

$3,112,153

Total
Expenses:

$3,495,974

Net
Assets:

$1,075,568

Profile Changes

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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 81.9% 91.5%
General & Admin 12.6% 15.6%
Fundraising 6.2% 3.1%
Savings -.7% -12.3%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

BEE's Vision....


"To see a global network of indigenous Church-based Training Centers preparing God's servants to shepherd a growing, church planting movement in restricted-access countries."

Contact Information: [ Back to top ]

Mailing Address:P. O. Box 62805 640 Chapel Hills Dr (80920)
Colorado Springs, CO
80962-0962
Website: www.beeworld.org
Phone:(719) 488-5837
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 742752161
CEO/President: Dr. Joseph Dillow Tax Deductible: Yes
Chairman: Mr. Jim Gresset Fiscal Year End: December 31
Board Size: 7 Financial info from: 990
Founder: Member of ECFA: Yes
Year Founded: 1995 Member of ECFA since: 2000

Purpose [ Back to top ]

    BEE World is:


  • Committed to Training Leaders in Restricted-access Countries: In numerous countries in the world the Church is denied the opportunity to train present and future leaders. BEE's commitment is to provide the training they need.

  • Committed to Church-based Training: Training takes place in the context of the local church while each student maintains their ministry in their local church.

  • Committed to Extension Education: BEE takes the training to the student. Students do not need to leave their family, local church or natural sphere of influence.

  • Committed to Training All Needed Church Leaders: BEE seeks to equip pastors, evangelists, teachers, church planters, deacons and elders.

  • Committed to Networking: BEE realizes that they can not meet all the needs in restricted-access countries alone and actively seek to network with other missions and existing ministries.

  • Committed to Indigenization: BEE assists the national in directing, funding and staffing their own training, now and for the future.

  • Committed to Multiplication: BEE encourages their students to mulitiply themselves by teaching others as soon as they have completed the first two courses, utilizing a curriculum that they can easily transfer to others (II Timothy 2:2).

Mission Statement [ Back to top ]

BEE World uses the following to express it mission:

The purpose of BEE World is to assist the Church, primarily in closed countries, in the establishment of continuing, indigenious Church-based Training Centers in which servant leaders are equipped to develop growing and reproducing churches.

Program Accomplishments [ Back to top ]

    BEE World's Core Curriculum includes the following:


  • Galatians and Romans
  • Evangelism and Discipleship
  • New Testament Survey
  • Old Testament Survey
  • How to Study the Bible
  • Christian Family
  • Communicating God's Word
  • Church Dynamics I & II
  • Hebrews
  • Christian Life
  • Apologetics
  • Christian Marriage
  • Survey of Doctrine I & II

Statement of Faith [ Back to top ]

This profile needs a statement of faith

History [ Back to top ]

Need History Info

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:90
Financial Information:100
Foundational Clarity:
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankEvangelism Support Sector
Overall Efficiency RatingStarStarStarStar97 of 352    8 of 35
Fund Acquisition DecisionStarStarStarStar82 of 352      9 of 35
Resource Allocation DecisionStarStarStar199 of 352      21 of 35
Asset Utilization DecisionStarStarStarStar99 of 352      10 of 35
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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20072006200520042003
Return on FR Efforts9%3%2%1%0%0%
Fundraising Cost Ratio6%3%2%1%0%0%
Contributions Reliance83%98%100%100%0%0%
Fundraising Expense Ratio6%3%3%1%0%0%
Other Revenue Reliance17%2%0%0%0%0%
Operating RatiosDatabase Average20072006200520042003
Program Expense Ratio81%82%80%80%0%0%
Spending Ratio101%112%84%92%0%0%
Program Output Ratio82%92%67%74%0%0%
Savings Ratio-1%-12%16%8%0%0%
Reserve Accumulation Rate2%-57%35%24%0%0%
General & Admin Ratio13%16%18%19%0%0%
Investing RatiosDatabase Average20072006200520042003
Total Asset Turnover2.6x2.79x1.49x2.27x0x0x
Degree of L-T Investment2.97x1.2x1.18x1.25x0x0x
Current Asset Turnover4.85x3.35x1.76x2.85x0x0x
Age of Assets9.7yr(s)2.2yr(s)7.1yr(s)4.9yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20072006200520042003
Current Ratio121.34x11.73x99.44x48.15x0x0x
Current Liabilities Ratio.31x.09x.01x.02x0x0x
Liquid Reserve Level5.75x3.27x6.77x4.13x0x0x
Solvency RatiosDatabase Average20072006200520042003
Liabilities Ratio.23x.14x.01x.02x0x0x
Debt Ratio.06x0x0x0x0x0x
Reserve Coverage Ratio87%19%56%35%0%0%

Financials[ Back to top ]

Balance Sheet
Assets20072006200520042003
Cash$1,042,965$75,967$133,110$88,807$175,483
Receivables, Inventories & Prepaids$0$155,125$14,035$30,414$15,002
Short-Term Investments$0$0$0$0$0
Total Current Assets$1,042,965$231,092$147,145$119,221$190,485
Long-Term Investments$129,089$0$0$0$0
Fixed Assets$79,398$2,343$5,882$6,477$4,080
Other Long-Term Assets$0$38,925$31,250$0$0
Total Long-Term Assets$208,487$41,268$37,132$6,477$4,080
TOTAL ASSETS$1,251,452$272,360$184,277$125,698$194,565
Liabilities20072006200520042003
Payables & Accrued Expenses$88,930$2,324$3,056$11,717$5,890
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$88,930$2,324$3,056$11,717$5,890
Debt$0$0$0$0$0
Other Long-Term Liabilities$86,954$0$0$0$0
Total Long-Term Liabilities$86,954$0$0$0$0
TOTAL LIABILITIES$175,884$2,324$3,056$11,717$5,890
Assets20072006200520042003
Unrestricted$39,674$9,104$15,327($24,688)$22,360
Temporarily Restricted$1,035,894$260,932$165,894$138,669$166,315
Permanently Restricted$0$0$0$0$0
NET ASSETS$1,075,568$270,036$181,221$113,981$188,675
Revenue and Expenses
Revenue20072006200520042003
Total Contributions$3,063,947$484,216$455,947$326,486$508,094
Program Service Revenue$0$0$0$0$0
Membership Dues$0$0$0$0$0
Investment Income$41,489$95($1,099)$47$55
Other Revenue$6,717$164$0$1,701$17,393
Total Other Revenue$48,206$259($1,099)$1,748$17,448
TOTAL REVENUE$3,112,153$484,475$454,848$328,234$525,542
Expenses20072006200520042003
Program Services$2,850,381$322,752$335,685$329,818$367,257
Management & General$546,276$71,155$80,585$71,961$59,300
Fundraising$99,317$11,753$2,588$1,149$2,045
TOTAL EXPENSES$3,495,974$405,660$418,858$402,928$428,602
Change in Net Assets20072006200520042003
SURPLUS (DEFICIT)($383,821)$78,815$35,990($74,694)$96,940
Other Changes in Net Assets$1,189,353$10,000$31,250$0$0
TOTAL CHANGE IN NET ASSETS$805,532$88,815$67,240($74,694)$96,940

Functional Expenses [ Back to top ]

Funding Ratios20072006200520042003
Grants & Allocations$572,553$0$1,500$0$0
Specific Assistance to Individuals$0$0$0$0$0
Benefits Paid To or For Members$0$0$0$0$0
Compensation of Officers, Directors$281,518$30,667$15,000$0$0
Other Salaries, Wages$1,495,640$52,235$85,008$45,875$86,214
Pension Plan Contributions$0$0$0$1,000$0
Other Employee Benefits$258,347$10,836$1,262$0$0
Payroll Taxes$0$4,181$6,462$0$7,289
Professional Fundraising Fees$0$9,500$0$0$0
Accounting Fees$94,195$6,851$0$0$0
Legal Fees$0$1,855$0$0$0
Supplies$19,997$18,057$27,372$21,442$14,676
Telephone$16,371$41$859$4,466$4,823
Postage & Shipping$8,076$2,596$2,898$2,821$1,585
Occupancy$29,099$38,457$38,387$39,739$33,179
Equipment Rental & Maintenance$4,969$0$0$0$3,432
Printing & Publications$17,454$1,855$2,094$19,721$23,722
Travel$272,271$19,361$24,761$14,713$13,139
Conferences, Conventions & Meetings$83,968$796$9,617$9,669$27,583
Interest$0$0$0$0$0
Depreciation, Depletion etc.$16,102$3,539$4,692$3,261$2,990
Other Expenses$325,414$204,833$198,946$240,221$209,970
TOTAL NATURAL EXPENSES$3,495,974$405,660$418,858$402,928$428,602