MissioSERVE Alliance pka: Bible Basics International 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 4/14/2022. To update the information in this column, please email: info@ministrywatch.com
Summary
A Missions Serving Alliance extending the worship of God by serving the senders and the sent, mobilizing workers with the Word, and advancing the Gospel to the unreached and unengaged.
We mobilize the church to send workers with the Word through short-term missions with a strategy and long-term missions for a legacy.
The mission of the Gospel is more than a lifestyle, more than mercy and justice, and more than sharing. We are committed to the Biblical Mandate of Gospel Proclamation. Sustaining the advance of the Gospel requires making disciples, planting local churches, and training leaders to proclaim the Word of God with accuracy and authority.
We are looking for churches and missionaries who want to go the least reached places in the world! These are the hard to get to places. These are the lonely places. These are the neediest places. These are the dangerous places. These are the dark places. These are the closed places. But there are no closed places to God!
Contact information
Mailing address:
MissioSERVE Alliance Finance Office
P. O. Box 1126
Wheaton, IL 60187-1383
Website: missioserve.org
Phone: (813) 920-2264
Email: info@missioserve.org
Organization details
EIN: 237328667
CEO/President: Steve Best
Chairman: John Mitten
Board size: 7
Founder: Rev. Eugene Priddy
Ruling year: 1976
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1986
Purpose
Missio is the Latin form of the English word "mission" and means "a sending or being sent."
Our vision is to serve "the sending" or "those being sent." Sending is the work of the Holy Spirit through the local church (Acts 13:1-4). We serve with the local church in sending and partner with those sent by the local church.
Our ambition is to follow the way of Jesus. He was the Lord while washing His disciples' feet and laying down His life for His friends. The missionary call is to inspire with service, empower disciples with their leadership, and lay down their lives for the Kingdom of Jesus Christ.
Mission statement
Statement of faith
WE BELIEVE ...
THE BIBLE is verbally inspired by God and inerrant in the original autographs. It is the only rule of faith and practice.
GOD is eternal and triune: Father, Son, and Holy Spirit.
JESUS CHRIST is the unique Son of the Father: virgin born, sinless, died an atoning death, physically resurrected, ascended, exalted, presently High Priest, coming again literally and personally to establish the millennial kingdom.
THE HOLY SPIRIT indwells every believer and instructs, corrects, and guides them in the Christian life. He fills and empowers those yielded to Jesus Christ as Lord of their life.
MAN is sinful and eternally lost apart from personal faith in the shed blood of Jesus Christ for salvation.
THE CHURCH is the body of Christ that manifests itself locally through believers united for mutual edification and propagation of the gospel while awaiting God's Son from heaven.
THE RESURRECTION of the body will be physical: the saved unto everlasting fellowship with God and the unsaved unto everlasting punishment and separation from God.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Evangelism Support
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 869 of 1022 | 38 of 51 |
| Fund acquisition rating | | 416 of 1024 | 20 of 51 |
| Resource allocation rating | | 945 of 1024 | 48 of 51 |
| Asset utilization rating | | 812 of 1022 | 37 of 51 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 4% | 6% | 6% | 5% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 4% | 6% | 6% | 5% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 96% | 96% | 99% | 92% | 95% | 95% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 4% | 5% | 5% | 5% | 5% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 4% | 4% | 1% | 8% | 5% | 5% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 72% | 81% | 85% | 86% | 86% |
Spending ratio Spending ratio = Total expenses / Total revenue | 94% | 108% | 111% | 108% | 91% | 94% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 78% | 90% | 92% | 78% | 80% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 6% | -8% | -11% | -8% | 9% | 6% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | -7% | -9% | -6% | 7% | 5% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 24% | 14% | 9% | 9% | 9% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.24 | 0.94 | 0.86 | 0.80 | 0.68 | 0.71 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.28 | 2.39 | 2.53 | 2.48 | 2.47 | 2.98 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.78 | 2.24 | 2.18 | 1.99 | 1.69 | 2.11 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 27.36 | 14.27 | 11.98 | 17.97 | 10.28 | 8.60 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.02 | 0.07 | 0.08 | 0.06 | 0.10 | 0.12 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.53 | 4.99 | 5.04 | 5.70 | 6.42 | 5.01 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 3% | 3% | 3% | 2% | 4% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 76% | 104% | 112% | 122% | 141% | 135% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $370,303 | $384,317 | $409,262 | $438,745 | $336,331 |
| Receivables, inventories, prepaids | $8,794 | $725 | $12,664 | $17,623 | $15,057 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $379,097 | $385,042 | $421,926 | $456,368 | $351,388 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $527,219 | $587,947 | $625,970 | $669,432 | $690,536 |
| Other long-term assets | $400 | $400 | $400 | $2,318 | $5,756 |
| Total long-term assets | $527,619 | $588,347 | $626,370 | $671,750 | $696,292 |
| Total assets | $906,716 | $973,389 | $1,048,296 | $1,128,118 | $1,047,680 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $26,562 | $32,148 | $23,476 | $44,411 | $40,871 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $26,562 | $32,148 | $23,476 | $44,411 | $40,871 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $26,562 | $32,148 | $23,476 | $44,411 | $40,871 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $649,464 | $694,826 | $622,536 | $664,438 | $686,492 |
| With donor restrictions | $230,690 | $246,415 | $402,284 | $419,269 | $320,317 |
| Net assets | $880,154 | $941,241 | $1,024,820 | $1,083,707 | $1,006,809 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $758,921 | $747,335 | $720,741 | $805,556 | $755,218 |
| Program service revenue | $27,952 | $12,670 | $25,683 | $21,716 | $13,856 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $29 | ($4,521) | $130 | $255 | $6,476 |
| Other revenue | $310 | $1,011 | $34,094 | $19,491 | $18,536 |
| Total other revenue | $28,291 | $9,160 | $59,907 | $41,462 | $38,868 |
| Total revenue | $787,212 | $756,495 | $780,648 | $847,018 | $794,086 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $613,667 | $680,511 | $714,454 | $662,943 | $635,490 |
| Management and general | $202,880 | $116,952 | $79,262 | $66,796 | $68,010 |
| Fundraising | $31,752 | $42,611 | $45,819 | $40,381 | $39,558 |
| Total expenses | $848,299 | $840,074 | $839,535 | $770,120 | $743,058 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | ($61,087) | ($83,579) | ($58,887) | $76,898 | $51,028 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($61,087) | ($83,579) | ($58,887) | $76,898 | $51,028 |
Compensation
| Name | Title | Compensation |
| Stephen Best | Executive Director | $77,500 |
Compensation data as of: 12/31/2019
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/14/2022. To update the information below, please email: info@ministrywatch.com
History
Bible Basics was founded in 1973 by Eugene and Monna Dean Priddy, who along with their five children, were overseas missionaries with the world's largest radio mission. Eugene held different positions during their 16 years of service, including European Field Director, and Assistant to the President.
The first few years of the ministry were devoted to seminars, Bible conferences, and other types of Bible teaching ministry. God used these years to lay the groundwork for a support base that would serve as a firm foundation for the missionary work now in place. The years of experience in missionary administration, finance, and overseas service in a worldwide radio outreach was used of the Lord in the development of BBI. Beginning from almost nothing, working out of a basement office, BBI has grown steadily. Now, the mission has a wonderful outreach for the Gospel.