Bible League Foundation

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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

1983

Legal Domicile

Principal Officer

David S Harvey

Phone

7083678500

Tax Period

2024-10-01 to 2025-09-30

Bible League Foundation, founded in 1983, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $1.4M exceeded revenue, resulting in a 10% operating deficit.

Mission

Financial support for Bible League

Program Service Accomplishments

Program 1

Expenses: $1,149,408

Bible League Foundation was established in 1983 to promote the support of Bible League through current and deferred legacies, trusts, gift annuities, and other means.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,235,295

Program Service Revenue $0

Investment Income $1,546

Other Revenue $0

TOTAL REVENUE $1,236,841

Expense Breakdown

Grants Paid $1,125,499

Salaries & Benefits $138,000

Fundraising Expenses $103,093

Program Expenses $1,149,408

Other Expenses $99,843

TOTAL EXPENSES $1,363,342

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,236,841	$1,021,920	+0.2%
Expenses	$1,363,342	$4,189,952	-0.7%
Net Income	$-126,501	$-3,168,032	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$400,459

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David S Harvey	President/Director	1.00	Officer Director	$0	$0	$0
Peter Lindemulder	Vice President/Director	1.00	Officer Director	$0	$0	$0
Russell T Paarlberg	Secretary/Director	1.00	Officer Director	$0	$0	$0
Barry Huebner	Treasurer	1.00	Officer Director	$0	$0	$0
Adam Reitsma	Director	1.00	Director	$0	$0	$0
Brian Dobben	Director	1.00	Director	$0	$0	$0
Daniel A Chapman	Director	1.00	Director	$0	$0	$0
Floris van den Dool	Director	1.00	Director	$0	$0	$0
Jan Turkenburg	Director	1.00	Director	$0	$0	$0
Jarod Thompson	Director	1.00	Director	$0	$0	$0
Martika Gartman	Director	1.00	Director	$0	$0	$0
Richard Brouwer	Director	1.00	Director	$0	$0	$0
Tom Van Prooyen	Director	1.00	Director	$0	$0	$0
Mark Larocca	Director	1.00	Director	$0	$0	$0
Joseph Ibatuan	Exec. VP - Finance	1.00	Officer	$0	$25,064	$155,982
Johannis Snoep	Chief Executive Officer	1.00	Officer	$0	$66,307	$244,477

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
2025	$1,236,841	$1,363,342	$11,787,087	$-126,501
2024	$1,021,920	$4,189,952	$11,084,158	$-3,168,032
2023	$1,636,395	$5,238,530	$12,451,184	$-3,602,135
2022	$1,097,305	$3,267,751	$15,182,240	$-2,170,446
2021	$1,397,353	$1,419,209	$19,551,692	$-21,856
2020	$2,059,462	$3,494,855	$17,815,355	$-1,435,393
2019	$1,260,141	$4,468,611	$18,746,441	$-3,208,470
2018	$9,160,593	$2,640,984	$21,765,299	$6,519,609