GLOBAL BIBLE INITIATIVE FOUNDATION

EIN: 934636041 501(c)(3) Religion

FRANKLIN, TN

Total Revenue
$872,983
Total Expenses
$1,202,567
Total Assets
$331,476
Net Assets
$329,907
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
TN
Principal Officer
DAVID R SHEPHERD
Phone
6155760858
Tax Period
2024-01-01 to 2024-12-31

GLOBAL BIBLE INITIATIVE FOUNDATION, founded in 2024, is a small nonprofit in the Religion sector that reported $873K in total revenue in fiscal year 2024. Expenses of $1.2M exceeded revenue, resulting in a 38% operating deficit.

Mission

ACCORDING TO THE CERTIFICATE OF INCORPORATION, THE PURPOSE OF THE CORPORATION IS TO RECEIVE, ADMINISTER, AND EXPEND FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3), INCLUDING; EDUCATE THE PUBLIC ON GLOBAL CHRISTIAN EVANGELISM; TO ENGAGE IN OTHER CHARITABLE ACTIVITIES AS DETERMINED BY THE BOARD OF DIRECTORS; TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES INCIDENTAL TO THE FOREGOING PURPOSES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $872,983
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $872,983

Expense Breakdown

Grants Paid $907,346
Salaries & Benefits $153,741
Fundraising Expenses $0
Program Expenses $1,202,567
Other Expenses $141,480
TOTAL EXPENSES $1,202,567

Year-over-Year Comparison

2024 2023 Change
Revenue $872,983 N/A N/A
Expenses $1,202,567 N/A N/A
Net Income $-329,584 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
3
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
0
$0
Total Directors
3
$64,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID R SHEPHERD PRESIDENT/DI 40.00
Director
$64,800 $0 $64,800
SHUJI KONDO DIRECTOR N/A
Director
$0 $0 $0
TIMOTHY SCHIERBEEK DIRECTOR 10.00
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 $872,983 $1,202,567 $331,476 $-329,584
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GLOBAL BIBLE INITIATIVE FOUNDATION with other nonprofits in Tennessee and across the country.