CHILDREN'S BIBLE MINISTRIES OF NCINC

EIN: 561314780 501(c)(3)

RALEIGH, NC

Total Revenue
$2,651,371
Total Expenses
$2,472,364
Total Assets
$9,850,850
Net Assets
$9,229,086
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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
1991
Legal Domicile
NC
Principal Officer
JEFF BECKETT
Phone
9198470764
Tax Period
2023-01-01 to 2023-12-31

CHILDREN'S BIBLE MINISTRIES OF NCINC, founded in 1991, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2023. Expenses of $2.5M left a modest 7% surplus.

Mission

NEW LIFE CAMP EXISTS TO LOVE, ACCEPT, AND INTRODUCE CHILDREN AND THEIR FAMILIES TO JESUS CHRIST AND EQUIP THEM TO LIVE LIVES THAT GLORIFY GOD.

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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 $709,110
Program Service Revenue $1,834,277
Investment Income $26,150
Other Revenue $81,834
TOTAL REVENUE $2,651,371

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,342,148
Fundraising Expenses $99,472
Program Expenses $2,178,218
Other Expenses $1,130,216
TOTAL EXPENSES $2,472,364

Year-over-Year Comparison

2023 2022 Change
Revenue $2,651,371 $2,538,131 +0.0%
Expenses $2,472,364 $2,077,208 +0.2%
Net Income $179,007 $460,923 -0.6%
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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Governance

Voting Members
12
Independent Members
11
Employees
211
Volunteers
11

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
5
$90,100
Total Directors
12
$2,759
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF BECKETT EXECUTIVE DI 40.00
Officer
$55,612 $34,488 $90,100
BILL PETERSON CHAIR 1.00
Officer Director
$0 $0 $0
FRANK LASSITER TREASURER 1.00
Officer Director
$0 $0 $0
JOEY HART SECRETARY 1.00
Officer Director
$0 $0 $0
HANK KELEHER VICE CHAIR 1.00
Officer Director
$0 $0 $0
AMY MARTIN MEMBER 1.00
Director
$0 $0 $0
BOB TOUCHTON MEMBER 1.00
Director
$0 $0 $0
FRANK TYNDALL MEMBER 1.00
Director
$0 $0 $0
DAVID TROWER MEMBER 1.00
Director
$2,759 $0 $2,759
PHIL BEGANY MEMBER 1.00
Director
$0 $0 $0
MARC MILLS MEMBER N/A
Director
$0 $0 $0
SHANNON SCOTT MEMBER 1.00
Director
$0 $0 $0
SHARON STONE MEMBER 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 $2,651,371 $2,472,364 $9,850,850 $179,007
2022 $2,538,131 $2,077,208 $9,116,064 $460,923
2021 $3,248,299 $1,851,225 $8,049,394 $1,397,074
2020 $2,575,375 $1,911,687 $6,641,357 $663,688
2019 $2,664,755 $2,082,997 $5,960,762 $581,758
2018 $2,471,858 $1,988,385 $5,379,475 $483,473
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