Village Schools of the Bible Inc
Nonprofit profile at a glance
- EIN
- 411458545
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Minneapolis, MN, USA
- Phone
- 9525409460
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $184,501
- Expenses
- $297,584
- Assets
- $59,366
- Liabilities
- $1,693
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- LAURIE BESONEN (EXECUTIVE DIRECTOR)
- BOB BOYER (PRESIDENT)
- SAMUEL ASUMA (DEPUTY VICE PRESIDENT)
People named in this filing
- LAURIE BESONEN (EXECUTIVE DIRECTOR)
- BOB BOYER (PRESIDENT)
- SAMUEL ASUMA (DEPUTY VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Village schools of the bible transforms lives through in-depth study of god's word. People of all ages and denominations can gain a holistic understanding of the bible and deepen their faith. Significant actvities include in-person and virtual course offerings.
What it reported doing in 2024
Village schools of the bible provides a cover to cover study of the bible, both in-person and virtually to students of all ages. Class offerings include locations in the united states, tanzania, south africa, and haiti. In fy25: us in person 98 students; us virtual 55 students; tanzania 107 students; south africa 118 students; and haiti 9 students. Gatherings such as small groups and prophecy conversations take place weekly, with a varying range of attendance.
Operating model
- Revenue model
- Donor-supported. 86% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 100
- Sustainability: 11
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.8%; rating input score 99
- Program expense ratio: 61.3%; rating input score 61
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -61.3%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.2; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 34%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.7% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: -2.4% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 98.8% of revenue deployed · 61.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $182K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 4 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.