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Institute in Basic Life Principles/ Bill Gothard

Rating
Sector:

Christian Growth

Total
Revenue:

$11,987,000

Total
Expenses:

$10,435,000

Net
Assets:

$92,841,000
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

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

Summary

IBLP exists to serve and help individuals to resolve conflicts, couples to strengthen their marriage, families to learn to live in harmony, churches to fulfill the Great Commission, government leaders to find lasting solutions to social problems and the world to find a new approach to life.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:PO Box One
Oak Brook, IL
60522-3001
Website: www.iblp.org
Phone:(630) 323-9800, (630) 323-2842
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 366108515
CEO/President: Rev. William Gothard, Jr. Tax Deductible: Yes
Chairman: Mr. Thomas Hill Fiscal Year End: December 31
Board Size: 6 Financial info from:
Founder: Rev. William Gothard, Jr. Member of ECFA: Yes
Year Founded: 1961 Member of ECFA since: 1988

Purpose [ Back to top ]

Institute in Basic Principles ("IBLP") strives to introduce youth and parents around the world to God's basic way of life through the gospel of the Lord Jesus Christ and to give clear instructions on how to apply God's basic principles of life as revealed in the scriptures. IBLP establishes and organizes seminars and operates facilities for the training of personnel in the United States and throughout the world to accomplish its goals and for the enrichment of youth, their families, their churches, their schools, and their communities. Bill Gothard founded IBLP in 1961.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

IBLP uses the following to communicate its mission:

Character Quality for Success:

Showing the worth of a person by giving undivided attention to his words and emotions

Program Accomplishments [ Back to top ]

The following are programs accomplishments for IBLP:

2003: Distributed thousands of the book titled The Power of Crying Out,When Prayer Becomes Mightyto the soldiers and their families that were being deployed to Iraq.

2002: Anger Resolution Seminar held in Elkhart,Indiana helping to change the citizens hearts in a legal battle over the displaying of the Ten Commandments on government property.

During 1998, 192 seminars were conducted with total attendance of 111,044 individuals attending.

Four types of seminars were held with the following attendance: - 83 Basic Seminars 80,988
- 26 Advanced Seminars 8,022
- 14 Ministers Seminars 8,492
- 69 Children's Seminars 13,542

Statement of Faith [ Back to top ]

IBLP uses the following to express its statement of faith:

We believe in the one true God, existing in three Persons: Father, Son, and Holy Spirit. These three are coeternal and coequal from all eternity, each with distinct personalities but of one essence.

We believe that the Bible is the verbally inspired Word of God and is the sole, infallible rule of faith and practice. We believe that Jesus Christ is the eternal Son of God, that He entered into the world through the virgin birth, and lived among us without sin as perfect Man and perfect God.

We believe Adam was directly created in innocence and in the image of God and was not evolved from preexisting forms of life. By voluntary transgression, he fell; and thus the whole race is now sinful by nature and practice and, therefore, under just condemnation to eternal separation from God.

We believe Jesus Christ shed His blood on Calvary as a vicarious substitute for all sinners, was buried and rose again bodily, and ascended to the right hand of the Father, from whence He will personally return.

We believe all people are justified by grace through faith in the shed blood of the Lord Jesus Christ without any mixture of works.

We believe the Holy Spirit convicts the sinner; regenerates, sanctifies, and indwells the believer; and fills the believer for effective service.

We believe in the priesthood of the believer and that God has made provision for each believer to be victorious by being led of the Spirit and not walking after the flesh.

We believe in the resurrection of both the saved and the lost—the just unto the resurrection of life eternal, and the lost unto the resurrection of eternal damnation.

We believe Satan is a person and that hell is a place of eternal conscious punishment for him, his hosts and all unbelievers.

We believe Christians are commanded by Scripture to abstain from all forms of compromise with unbelief.

We believe the Bible sets forth principles for Godly living and that if one learns and follows these principles, one will be able to avoid and refute false teachings and false concepts.

History [ Back to top ]

At the age of fifteen, Bill Gothard saw some of his high school classmates making unwise decisions. He realized that they would have to live with the consequences and dedicated his life to helping young people make wise choices.

Shortly after this, an older friend challenged Bill to begin memorizing large sections of Scripture. Up until his high school years, he was a very poor student. He actually flunked first grade and passed the next eight grades on probation. As he memorized and meditated on Scripture, his grades significantly improved, so much so that he graduated from high school a member of the National Honor Society. This direct correlation between his grades and his consistency in memorization and meditation on Scripture continued through college and graduate school.

Greater achievement in school was only one of many benefits that Bill experienced as a result of applying Scripture. In his further work with young people, he explained these benefits and urged them to adopt the same personal disciplines.

In 1964, Wheaton College, the school from which Bill graduated, invited him to design and teach a course based on his youth work. They named it Basic Youth Conflicts and gave two hours of upper-division under-graduate and graduate credit for the course. Forty-six students, youth pastors, and teachers registered for that first class. The next year there were 120 students.

In the following years, the course was offered in several new locations. Alumni were informed of the dates and told their friends about it. Soon seminars averaged between 10,000 and 20,000 youth and adults. Today hundreds of smaller Seminars are being conducted in cities throughout the United States and in other nations.

Ministry Needs [ Back to top ]

IBLP uses the following guidelines:

- Trusting God to provide operating funds rather than asking people for money.
- No borrowing of money or starting projects before the money is in hand.
- No receiving of gifts that are designated as tithe money. These are returned and the senders are encouraged to give them to their local church.

Funds are received from Seminar fees, publications sales, and unsolicited gifts. They are used to support a staff of over 1,000 paid and volunteer workers who serve in forty-seven divisions of the Institute's ministry.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : B
Criteria categoryGradeOther Comments
Timeliness:7010/28/2011 4:19:06 PM: Organization made financial information available greater than 7 ½ months.
Financial Information:80
Foundational Clarity:10010/28/2011 4:19:32 PM: Descriptive information was abundant and thorough.
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

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Ministry Statement or Response [ Back to top ]

Financial Information:

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$4,090,000$8,322,000$0$3,783,000$12,984,000
Receivables, Inventories & Prepaids$15,065,000$5,502,000$0$4,671,000$5,162,000
Short-Term Investments$0$0$0$0$0
Total Current Assets$19,156,000$13,824,000$0$8,454,000$18,146,000
Long-Term Investments$0$0$0$87,218,000$83,868,000
Fixed Assets$74,708,000$79,006,000$0$0$0
Other Long-Term Assets$0$0$0$0$0
Total Long-Term Assets$74,708,000$79,006,000$0$87,218,000$83,868,000
TOTAL ASSETS$93,864,000$92,831,000$0$95,672,000$102,014,000
Liabilities20102009200820072006
Payables & Accrued Expenses$890,000$1,425,000$0$883,000$902,000
Other Current Liabilities$132,000$104,000$0$190,000$176,000
Total Current Liabilities$1,023,000$1,530,000$0$1,074,000$1,078,000
Debt$0$0$0$0$0
Other Long-Term Liabilities$0$0$0$0$0
Total Long-Term Liabilities$0$0$0$0$0
TOTAL LIABILITIES$1,023,000$1,530,000$0$1,074,000$1,078,000
Assets20102009200820072006
Unrestricted$92,672,000$9,112,000$0$94,372,000$100,707,000
Temporarily Restricted$168,000$172,000$0$226,000$228,000
Permanently Restricted$0$0$0$0$0
NET ASSETS$92,841,000$91,301,000$0$94,598,000$100,936,000
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$1,346,000$1,499,000$0$2,579,000$2,386,000
Program Service Revenue$4,020,000$3,971,000$0$6,156,000$6,554,000
Membership Dues$0$0$0$0$0
Investment Income$28,000$82,000$0$333,000$18,471,000
Other Revenue$6,591,000$4,497,000$0$642,000$383,000
Total Other Revenue$10,640,000$8,551,000$0$7,133,000$25,409,000
TOTAL REVENUE$11,987,000$10,051,000$0$9,712,000$27,796,000
Expenses20102009200820072006
Program Services$9,422,000$9,901,000$0$14,020,000$14,325,000
Management & General$1,013,000$1,268,000$0$2,029,000$1,598,000
Fundraising$0$0$0$0$0
TOTAL EXPENSES$10,435,000$11,169,000$0$16,050,000$15,924,000
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)$1,551,000($1,118,000)$0($6,337,000)$11,872,000
Other Changes in Net Assets$0$0$0$0$2,325,000
TOTAL CHANGE IN NET ASSETS$1,551,000($1,118,000)$0($6,337,000)$14,197,000