Bibleproject

Nonprofit profile at a glance

EIN
464277592
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Portland, OR, USA
Phone
5037535674
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Religious (unspecified)

Official website

Reported finances

Revenue
$30,888,558
Expenses
$28,450,877
Assets
$34,608,133
Liabilities
$3,191,618

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • JONATHAN COLLINS (PRESIDENT/DIRECTOR)
  • STEVE ATKINSON (CEO)

Highest reported compensation

  • TIM MACKIE (SECRETARY/DIRECTOR): $266,142 total reported compensation
  • JONATHAN COLLINS (PRESIDENT/DIRECTOR): $264,738 total reported compensation
  • STEVE ATKINSON (CEO): $255,567 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bibleproject's mission is to help people experience the bible as a unified story that leads to jesus. This is achieved by creating biblical videos to be regularly released on a newly-created youtube channel. (continued on schedule o.)each video covers a portion or area of the bible, explaining the content and related common themes/narratives. These videos are useful in a variety of settings, including individuals spending time watching on the internet for their own education, churches in various gatherings, study groups, and schools that have bible literature classes.

What it reported doing in 2024

Bibleproject is a non-profit studio that creates content to help people read their bibles as a unified story that leads to jesus. All videos are available for free on our website, app, and youtube channels where we have over eight million subscribers across all channels. Viewership is primarily concentrated between ages 18 to 45. We are inspiring the next generation to explore the bible through mediums in which they have been raised: visual storytelling and technology.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 77
  • Accountability: 77
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.2%; rating input score 74
  • Program expense ratio: 80%; rating input score 80
  • Fundraising efficiency: $21.83 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 60%; rating input score 60; 10th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.9%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 1.22; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 8.4%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 24.3% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 19.3% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 22.4% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 74.2% of revenue deployed · 80% of spending went to programs
  • Governance: 3 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $22.8M in reported program spending
  • Leadership: top reported pay $266K · 14 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 5 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 59/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.