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Bible Tracts, Inc.

Rating
Sector:

Christian Growth

Total
Revenue:

$226,745

Total
Expenses:

$331,844

Net
Assets:

$307,098

Profile Changes

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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 81.9% 125%
General & Admin 12.6% 14.5%
Fundraising 6.2% 0%
Savings -.7% -46.3%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

Bible Tracts, Inc. (BTI) is a 501c3 organization that prints and distributes free Bible tracts. To date, BTI has produced 503 million tracts and has sent them around the world. The organization has 42 titles and 20 languages in stock. All tracts are free and postpaid as the Lord provides. Please write the organization for a free sample pack.

Contact Information: [ Back to top ]

Mailing Address:PO Box 188 1925 S Main St 61702-0188
Bloomington, IL
61702-0188
Website: www.bibletractsinc.org
Phone:(309) 828-6888
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 366112743
CEO/President: Pastor Mark Smith Tax Deductible: Yes
Chairman: Pastor Joey Watt Fiscal Year End: December 31
Board Size: 7 Financial info from: 990
Founder: Mr. Paul Levin Member of ECFA: No
Year Founded: 1938 Member of ECFA since:

Purpose [ Back to top ]

Bible Tracts, Inc. (BTI) is an organization that prints and distributes free Bible tracts. To date, BTI has produced 503 million tracts and has sent them around the world. The organization has 42 titles and 20 languages in stock. All tracts are free and postpaid as the Lord provides. Please write the organization for a free sample pack.

Mission Statement [ Back to top ]

Need Mission Statement

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

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 : C
Criteria categoryGradeOther Comments
Timeliness:7012/8/2007 4:56:50 PM: Organization made financial information available greater than 7 ½ months.
Financial Information:9012/8/2007 4:56:57 PM: Organization provided a reasonable amount of useful financial information.
Foundational Clarity:
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankChristian Growth Sector
Overall Efficiency RatingStarStarStarStar74 of 352    6 of 43
Fund Acquisition DecisionStarStarStarStarStar11 of 352      1 of 43
Resource Allocation DecisionStarStarStarStar84 of 352      7 of 43
Asset Utilization DecisionStarStar239 of 352      24 of 43
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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%0%0%0%0%0%
Fundraising Cost Ratio6%0%0%0%0%0%
Contributions Reliance83%97%96%96%0%0%
Fundraising Expense Ratio6%0%0%0%0%0%
Other Revenue Reliance17%3%4%4%0%0%
Operating RatiosDatabase Average20072006200520042003
Program Expense Ratio81%85%84%84%0%0%
Spending Ratio101%146%108%162%0%0%
Program Output Ratio82%125%91%135%0%0%
Savings Ratio-1%-46%-8%-62%0%0%
Reserve Accumulation Rate2%-29%-5%-24%0%0%
General & Admin Ratio13%15%16%16%0%0%
Investing RatiosDatabase Average20072006200520042003
Total Asset Turnover2.6x1.08x.75x.71x0x0x
Degree of L-T Investment2.97x2.12x1.69x1.53x0x0x
Current Asset Turnover4.85x2.3x1.26x1.08x0x0x
Age of Assets9.7yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20072006200520042003
Current Ratio121.34x0x392.47x0x0x0x
Current Liabilities Ratio.31x0x0x0x0x0x
Liquid Reserve Level5.75x5.23x9.49x11.07x0x0x
Solvency RatiosDatabase Average20072006200520042003
Liabilities Ratio.23x0x0x0x0x0x
Debt Ratio.06x0x0x0x0x0x
Reserve Coverage Ratio87%108%137%161%0%0%

Financials[ Back to top ]

Balance Sheet
Assets20072006200520042003
Cash$142,741$242,489$281,213$393,013$366,020
Receivables, Inventories & Prepaids$1,827$2,020$2,167$2,437$2,437
Short-Term Investments$0$0$0$0$0
Total Current Assets$144,568$244,509$283,380$395,450$368,457
Long-Term Investments$159,640$165,421$148,356$153,329$155,568
Fixed Assets$0$0$0$0$0
Other Long-Term Assets$2,890$2,890$2,890$3,090$2,890
Total Long-Term Assets$162,530$168,311$151,246$156,419$158,458
TOTAL ASSETS$307,098$412,820$434,626$551,869$526,915
Liabilities20072006200520042003
Payables & Accrued Expenses$0$623$0$0$0
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$0$623$0$0$0
Debt$0$0$0$0$0
Other Long-Term Liabilities$0$0$0$100$0
Total Long-Term Liabilities$0$0$0$100$0
TOTAL LIABILITIES$0$623$0$100$0
Assets20072006200520042003
Unrestricted$302,819$391,218$412,711$528,854$505,568
Temporarily Restricted$4,279$20,979$21,915$22,915$21,347
Permanently Restricted$0$0$0$0$0
NET ASSETS$307,098$412,197$434,626$551,769$526,915
Revenue and Expenses
Revenue20072006200520042003
Total Contributions$219,495$275,437$181,659$262,164$267,925
Program Service Revenue$0$0$0$0$0
Membership Dues$0$0$0$0$0
Investment Income$7,445$10,155$8,163$5,447$5,649
Other Revenue($195)$389$117$463($196)
Total Other Revenue$7,250$10,544$8,280$5,910$5,453
TOTAL REVENUE$226,745$285,981$189,939$268,074$273,378
Expenses20072006200520042003
Program Services$283,651$259,318$256,922$204,149$191,219
Management & General$48,193$49,092$50,160$39,071$30,738
Fundraising$0$0$0$0$0
TOTAL EXPENSES$331,844$308,410$307,082$243,220$221,957
Change in Net Assets20072006200520042003
SURPLUS (DEFICIT)($105,099)($22,429)($117,143)$24,854$51,421
Other Changes in Net Assets$0$0$0$0$0
TOTAL CHANGE IN NET ASSETS($105,099)($22,429)($117,143)$24,854$51,421

Functional Expenses [ Back to top ]

Funding Ratios20072006200520042003
Grants & Allocations$0$0$0$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$46,753$47,069$47,568$23,550$51,699
Other Salaries, Wages$64,271$71,855$68,691$56,899$0
Pension Plan Contributions$0$0$0$0$0
Other Employee Benefits$650$650$3,598$8,391$4,431
Payroll Taxes$4,973$5,715$5,476$4,705$4,128
Professional Fundraising Fees$0$0$0$0$0
Accounting Fees$2,530$2,783$4,278$0$3,711
Legal Fees$0$0$0$3,060$0
Supplies$3,502$4,693$3,844$0$9,500
Telephone$1,535$1,494$1,595$3,813$1,353
Postage & Shipping$61,386$45,783$38,421$1,230$36,949
Occupancy$6,216$7,795$8,314$37,078$5,070
Equipment Rental & Maintenance$4,242$3,688$2,371$7,285$2,434
Printing & Publications$77,914$57,812$59,436$2,277$54,679
Travel$7,612$11,727$15,053$45,051$1,954
Conferences, Conventions & Meetings$215$472$17$4,446$0
Interest$0$0$0$250$0
Depreciation, Depletion etc.$10,173$8,333$10,254$9,335$8,675
Other Expenses$39,872$38,541$38,166$35,850$37,374
TOTAL NATURAL EXPENSES$331,844$308,410$307,082$243,220$221,957