Biblical Business Training Inc Dba Bbt

What it reported doing in 2024

The ministry focus of biblical business training (bbt) is empowering group leaders and equipping their groups through work-applicable bible study. We serve small groups by providing connectivity to reduce preparation time, curriculum for application discussions, and coaching for encouragement and support. Bbt offers bible-centered, application-based, and universal studies meaning any christian denomination can study together. Group leaders are connected in a community forum group to share best practices and expand their network of believers. Generous contributions from bbt participants and others who value workplace bible study ensure bbt resources and support are available to groups at no cost. We encourage donations from external donors and internal users of bbt resources and services. Bbt groups meet at work, near work (e.g., restaurants, coffee shops, etc.), or at a local church. Bbt provides leaders with curriculum (agendas, group leader guides, and recaps) that is focused on practical work situations to help participants directly apply biblical principles to what they do every day. Bbt also provides leaders with an individualized biblical leadership development process. Bbt coaches work with group leaders to assess, equip and encourage them to lead in every area of life (we call this the leadership flywheel). We believe that leaders who are growing in their relationship with christ will lead thriving, christ-centered small groups. Bbt had 65 groups operating throughout the united states, india, united kingdom, europe, africa, south america (puerto rico) and antarctica. These groups are comprised of 91 distinct leaders and 313 distinct attendees attended at least one of 724 meetings, with a total attendance for the year of 9,732. Bbt is actively recruiting and training additional group leaders to start more bbt groups around the world.

Financial Efficiency

• Mission deployment rate: 62.2%; rating input score 62
• Program expense ratio: 76.1%; rating input score 76
• Fundraising efficiency: $16.24 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 72.7%; rating input score 73; 15th percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 18.3%; rating input score 74; 74th percentile among comparable filings
• Total-asset coverage ratio: 0.39; rating input score 18; 18th percentile among comparable filings
• Liabilities to assets ratio: 0.29; rating input score 25; 25th percentile among comparable filings
• Officer compensation ratio: 26.6%; rating input score 9; 9th percentile among comparable filings

Growth

• Program expense growth: 0.8% per year; rating input score 100; 21st percentile among comparable filings
• Revenue growth: 6.2% per year; rating input score 100; 50th percentile among comparable filings
• Asset growth: 1.2% per year; rating input score 100; 22nd percentile among comparable filings