BIBLE EDUCATION AND MISSIONARY SERVICE

EIN: 562460700 501(c)(3) Religion

GULFPORT, MS

Total Revenue
$1,685,408
Total Expenses
$1,927,656
Total Assets
$1,759,263
Net Assets
$1,750,827
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MS
Principal Officer
DR ARTHUR LOCKARD
Phone
2288321096
Tax Period
2024-01-01 to 2024-12-31

BIBLE EDUCATION AND MISSIONARY SERVICE, founded in 2005, is a community nonprofit in the Religion sector that reported $1.7M in total revenue in fiscal year 2024. Expenses of $1.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

BEAMS PROVIDES FULL HARD BACKED BIBLES TO MISSIONARIES IN FOREIGN COUNTRIES AT NO CHARGE TO THE MISSIONARY. BIBLES ARE PRINTED IN VARIOUS FOREIGN LANGUAGES TO BE GIVEN TO CITIZENS OF THE FOREIGN LAND BY THE MISSIONARIES SPREADING THE GOSPEL OF JESUS CHRIST.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,665,502
Program Service Revenue $0
Investment Income $19,863
Other Revenue $43
TOTAL REVENUE $1,685,408

Expense Breakdown

Grants Paid $0
Salaries & Benefits $273,097
Fundraising Expenses $0
Program Expenses $1,794,112
Other Expenses $1,654,559
TOTAL EXPENSES $1,927,656

Year-over-Year Comparison

2024 2023 Change
Revenue $1,685,408 $1,638,174 +0.0%
Expenses $1,927,656 $1,461,059 +0.3%
Net Income $-242,248 $177,115 -2.4%
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
7
Independent Members
5
Employees
6
Volunteers
50

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
$109,362
Total Directors
7
$119,965
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR RENE J FRERET BOARD MEMBER 5.00
Director
$44,300 $50,000 $94,300
DR JOHNNY POPE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MRS FREDA FRERET BOARD MEMBER 5.00
Director
$0 $0 $0
BRO DELMAS KNIGHT BOARD MEMBER 5.00
Director
$10,665 $15,000 $25,665
DR DAN CARR SR PRESIDENT 2.00
Officer Director
$0 $0 $0
BRO CALEB MARTIN BOARD MEMBER 2.00
Director
$0 $0 $0
BRO JD WEIDO SECRETARY/TREASURER 2.00
Director
$0 $0 $0
DR ARTHUR LOCKARD EXECUTIVE DIRECTOR 50.00
Officer
$95,951 $0 $95,951
RHONDA LOCKARD FORMER SECRETARY/TREASURER 20.00
Officer
$13,411 $0 $13,411
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 No data No data No data No data
2024 $1,685,408 $1,927,656 $1,759,263 $-242,248
2023 $1,638,174 $1,461,059 $2,009,780 $177,115
2022 $1,677,351 $1,717,894 $1,828,862 $-40,543
2021 $1,683,336 $1,356,445 $1,870,845 $326,891
2020 $1,384,263 $1,105,674 $1,547,846 $278,589
2019 $1,742,994 $1,532,067 $1,246,625 $210,927
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