Bible Memory Program Inc

EIN: 356066466 501(c)(3) Religion

Goshen, IN

Total Revenue
$312,374
Total Expenses
$301,904
Total Assets
$489,221
Net Assets
$485,979
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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
IN
Principal Officer
Aaron Miller
Phone
5745335388
Tax Period
2023-01-01 to 2023-12-31

Bible Memory Program Inc, founded in 1953, is a small nonprofit in the Religion sector that reported $312K in total revenue in fiscal year 2023. Expenses of $302K left a modest 3% surplus.

Mission

Bible Memory seeks to educate young people in the Word of God. This is accomplished through memorizing Bible verses, doing Bible lessons, and attending camp.

Program Service Accomplishments

Program 1
Expenses: $160,006 Revenue: $141,274

Program services primarily consist of bible camps during the summer months in various states.

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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 $170,694
Program Service Revenue $132,670
Investment Income $6,779
Other Revenue $2,231
TOTAL REVENUE $312,374

Expense Breakdown

Grants Paid $4,164
Salaries & Benefits $140,738
Fundraising Expenses $0
Program Expenses $160,006
Other Expenses $156,002
TOTAL EXPENSES $301,904

Year-over-Year Comparison

2023 2022 Change
Revenue $312,374 $311,441 +0.0%
Expenses $301,904 $290,437 +0.0%
Net Income $10,470 $21,004 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
9
Independent Members
8
Employees
5
Volunteers
N/A

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
4
$0
Total Directors
9
$64,135
Key Employees
1
$64,135
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Howell Executive Director 055.00
Director Key Emp Highest
$64,135 $0 $64,135
Ken Tadeo President 001.00
Officer Director
$0 $0 $0
Cameron Pauls Vice President 001.00
Officer Director
$0 $0 $0
Aaron Miller Treasurer 001.00
Officer Director
$0 $0 $0
Lisa Chupp Secretary 001.00
Officer Director
$0 $0 $0
Kyle Koch Board Member 001.00
Director
$0 $0 $0
Mike Stutzman Board Member 001.00
Director
$0 $0 $0
Benjamin Rogers Board Member 001.00
Director
$0 $0 $0
Mary Nisly Board Member 001.00
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 $312,374 $301,904 $489,221 $10,470
2022 $311,441 $290,437 $477,983 $21,004
2021 $386,498 $254,105 $456,974 $132,393
2020 $323,627 $247,247 $324,346 $76,380
2019 $283,131 $238,406 $247,590 $44,725
2018 $210,405 $194,915 $201,895 $15,490
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