DIGITAL BIBLE SOCIETY

EIN: 200612499 501(c)(3) Religion

CONROE, TX

Total Revenue
$1,963,555
Total Expenses
$902,671
Total Assets
$1,571,414
Net Assets
$1,412,595
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
TX
Principal Officer
KENNETH A BITGOOD
Phone
9364944442
Tax Period
2023-01-01 to 2023-12-31

DIGITAL BIBLE SOCIETY, founded in 2003, is a community nonprofit in the Religion sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 299% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 54% operating margin.

Mission

WORLDWIDE DISTRIBUTION OF DIGITAL BIBLES/CHRISTIAN MATERIALS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $934,503
Program Service Revenue $0
Investment Income $1,486
Other Revenue $1,027,566
TOTAL REVENUE $1,963,555

Expense Breakdown

Grants Paid $0
Salaries & Benefits $600,008
Fundraising Expenses $82,426
Program Expenses $625,934
Other Expenses $302,663
TOTAL EXPENSES $902,671

Year-over-Year Comparison

2023 2022 Change
Revenue $1,963,555 $492,462 +3.0%
Expenses $902,671 $667,829 +0.4%
Net Income $1,060,884 $-175,367 -7.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
9
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$99,800
Total Directors
7
$99,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH A BITGOOD CEO 40.00
Officer Director
$88,000 $11,800 $99,800
BOB BEASLEY DIRECTOR 1.00
Director
$0 $0 $0
WYBO NICOLAI DIRECTOR 1.00
Director
$0 $0 $0
GREG PRUETT DIRECTOR 1.00
Director
$0 $0 $0
KRISTIAN ROSE DIRECTOR 1.00
Director
$0 $0 $0
ALLEN TARBUTTON DIRECTOR 1.00
Director
$0 $0 $0
JEFF TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,963,555 $902,671 $1,571,414 $1,060,884
2022 $492,462 $667,829 $489,655 $-175,367
2021 $934,476 $727,931 $602,991 $206,545
2020 $645,843 $570,927 $322,672 $74,916
2019 $641,741 $724,786 $252,040 $-83,045
2018 $942,846 $973,187 $327,997 $-30,341
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