Institute in Basic Life Principles

The information on this page was last updated 4/26/2022. If you see errors or omissions, please email: [email protected]


Summary

IBLP exists to serve and help individuals to resolve conflicts, couples to strengthen their marriage, families to learn to live in harmony, churches to fulfill the Great Commission, government leaders to find lasting solutions to social problems and the world to find a new approach to life.


Contact information

Mailing address:
Institute in Basic Life Principles
1 Academy Blvd
Big Sandy, TX 75755

Website: www.iblp.org

Phone: 903-636-2000

Email: [email protected]


Organization details

EIN: 366108515

CEO/President: Timothy Levendusky

Chairman: Gil Bates

Board size: 3

Founder: Rev. William Gothard, Jr.

Ruling year: 1963

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

The Institute in Basic Life Principles (IBLP) was established for the purpose of introducing people to the Lord Jesus Christ, and is dedicated to giving individuals, families, churches, schools, communities, governments, and businesses clear instruction and training on how to find success by following God's principles found in Scripture.

These goals are accomplished primarily through seminars, educational programs, printed literature, and the operation of centers to facilitate training.


Mission statement

MISSION STATEMENT - Institute in Basic Life Principles, Inc.

The vision is to see men, women, and children around the world know by experience the love and grace of God in Christ Jesus, who are fully equipped by God's Word, and who are guided by the Holy Spirit to be instruments of His love as a person, partner, parent, provider, and proclaimer manifesting the nature of God.

We want to:

  • encourage parents to intentionally disciple their children through Bible-based instruction
  • help parents identify and utilize teachable moments (devotions, mealtimes, etc.) in life to find the answers to life's questions and problems. (See Deut. 6:5-7)
  • assist each generation in discovering God's answers for themselves by studying and meditating on God's Word
  • to encourage individuals and families to be actively involved in a local body of believers that teaches the Word of God and equips the saints for the work of the ministry
  • facilitate a network of individuals and families for encouragement and support
  • provide guidance, information, resources, and opportunities to assist in the discipling of individuals and families in God's ways and the development of desirable character qualities to help them reach their goals.
We believe that the Word of God is the basis for life and learning. This is the message we want to communicate with families to encourage and support them.

Statement of faith

The Institute in Basic Life Principles, Inc. affirms the cardinal doctrines of Scripture that have been defended by historic statements of faith. These include the divine inspiration of Scripture, the deity of Christ, the original sin nature of man, the atonement for sin by Christ's shed blood, and the justification by faith in Jesus as the Christ. This statement of faith does not exhaust the extent of our faith and doctrine. The Bible itself is the source of all that we believe. We believe the following statements accurately represent the teaching of the Bible, and therefore, are binding upon all directors, officers, employees, and volunteers of the corporation.

We believe in the one true God, existing in three Persons: Father, Son, and Holy Spirit. These three are coequal from all eternity, each with distinct personalities but of one essence.

We believe the Bible is the verbally inspired Word of God and is the sole, infallible rule of faith and practice.

We believe Jesus Christ is the eternal Son of God, that He entered into the world through the virgin birth, and lived among us without sin as perfect Man and perfect God.

We believe Adam was directly created in innocence and in the image of God and did not evolve from preexisting forms of life. By voluntary transgression, he fell; and thus the whole human race is now sinful by nature and practice, and therefore, under just condemnation to eternal separation from God.

We believe Jesus Christ shed His blood on Calvary as a vicarious substitute for all sinners, was buried and rose again bodily, and ascended to the right hand of the Father, from whence He will personally return.

We believe people are justified by grace through faith in the shed blood of the Lord Jesus Christ without any mixture of works.

We believe the Holy Spirit convicts the sinner; regenerates, sanctifies, and indwells the believer; and fills the believer for effective service.

We believe in the resurrection of both the saved and the lost-the saved unto the resurrection of life eternal and the lost unto the resurrection of eternal condemnation.

We believe Satan is a living being and that hell and ultimately the lake of fire are places of eternal conscious punishment for him, his hosts, and all unbelievers.

We believe in the priesthood of the believer and that God has made provision for each believer to be victorious by being led of the Spirit and not walking after the flesh.

We believe that the born-again believers in local churches are the body and the espoused bride of Christ.

We believe Scripture commands Christians to abstain from all forms of compromise with unbelief.

We believe the Bible gives direct guidance and also sets forth principles for Godly living that when followed honor the Lord and help believers to live life as God designed.

We believe that the Genesis account of creation is neither allegory nor myth, but a literal, historical account of God's creation of the universe.

We believe that all authority begins with God and that He has ordained and created authority structures to exercise delegated authority within the jurisdictional limits of the family, church, civil government, and voluntary associations.

We believe that God created people as either male or female and that no intimate sexual activity should be engaged in outside of a marriage between one born a man and one born a woman. We believe that any form of homosexuality, lesbianism, bisexuality, bestiality, incest, fornication, adultery, and pornography are sinful perversions of God's gift of sex. We believe that God disapproves of and forbids any attempt to alter one's gender by surgery or appearance.

We believe that the only Scriptural marriage is the joining of one man and one woman for life.

We believe that men and women are spiritually equal in position and value before God as both are created in the image of God, but that God has ordained distinct and separate spiritual and physical functions for men and women in the home and the church.

We believe that God has ordained the family as the foundational institution of human society. Husbands and wives are to love, care for, and submit to one another. Children are a heritage from the Lord. Parents are responsible for teaching their children spiritual and moral values through loving instruction, consistent lifestyle example and appropriate discipline, which may include loving corporal correction.

We believe that human life is sacred from conception to its natural end and any willful and deliberate early termination of life is contrary to the will of God.

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Transparency grade

C

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Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating938 of 103368 of 75
Fund acquisition rating369 of 103526 of 75
Resource allocation rating1028 of 103574 of 75
Asset utilization rating997 of 103370 of 75

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
82%15%12%13%30%9%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
18%85%88%87%70%91%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%56%51%56%81%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%159%85%132%493%114%
Program output ratio Program output ratio =
Program services /
Total revenue
73%89%43%73%401%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%-59%15%-32%-393%-14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%-5%2%-3%-16%-2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%44%49%44%19%26%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.910.130.120.120.200.16
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.353.963.585.316.004.96
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.450.500.420.661.210.81
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
15.3114.1911.974.559.5612.77
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.070.080.220.100.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.3422.4825.9814.128.8513.59
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%2%2%4%2%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
92%783%825%768%486%599%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$3,973,417$5,109,294$4,417,706$7,622,771$6,407,227
Receivables, inventories, prepaids$1,401,900$1,231,349$1,080,076$1,446,032$1,943,508
Short-term investments$9,095,343$10,521,456$4,908,873$0$11,379
Other current assets$0$0$906,778$992,250$5,799,944
Total current assets$14,470,660$16,862,099$11,313,433$10,061,053$14,162,058
Long-term investments$0$0$0$0$0
Fixed assets$42,765,304$43,435,258$42,548,935$43,182,940$56,013,727
Other long-term assets$0$0$6,230,233$7,137,011$0
Total long-term assets$42,765,304$43,435,258$48,779,168$50,319,951$56,013,727
Total assets$57,235,964$60,297,357$60,092,601$60,381,004$70,175,785
 
Liabilities20192018201720162015
Payables and accrued expenses$790,938$782,308$726,658$819,462$860,865
Other current liabilities$228,944$626,827$1,762,193$233,358$248,471
Total current liabilities$1,019,882$1,409,135$2,488,851$1,052,820$1,109,336
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$1,019,882$1,409,135$2,488,851$1,052,820$1,109,336
 
Net assets20192018201720162015
Without donor restrictions$55,856,175$58,525,165$57,253,249$59,006,274$68,689,003
With donor restrictions$359,907$363,057$350,501$321,910$377,446
Net assets$56,216,082$58,888,222$57,603,750$59,328,184$69,066,449
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$680,106$986,797$761,551$746,185$885,154
Program service revenue$2,161,930$1,955,235$2,115,415$4,440,434$1,429,528
Membership dues$0$0$0$0$0
Investment income$340,244($395,764)$49,973($2,995,074)$2,315
Other revenue$1,324,153$5,875,709$2,758,864$288,265$7,825,723
Total other revenue$3,826,327$7,435,180$4,924,252$1,733,625$9,257,566
Total revenue$4,506,433$8,421,977$5,685,803$2,479,810$10,142,720
 
Expenses20192018201720162015
Program services$4,011,624$3,656,308$4,175,783$9,950,011$8,545,832
Management and general$3,166,949$3,481,197$3,324,206$2,268,064$2,979,438
Fundraising$0$0$0$0$0
Total expenses$7,178,573$7,137,505$7,499,989$12,218,075$11,525,270
 
Change in net assets20192018201720162015
Surplus (deficit)($2,672,140)$1,284,472($1,814,186)($9,738,265)($1,382,550)
Other changes in net assets$0$0$0$0$0
Total change in net assets($2,672,140)$1,284,472($1,814,186)($9,738,265)($1,382,550)

Compensation

NameTitleCompensation
Dwight FredricksonTreasurer$90,002
Robert BarthSecretary$84,069
Tim LevenduskyPresident$50,914
Ben ZiesemerAssistant Tr$45,268
Gil BatesBoard Member$3,300
Gary FraleyBoard Member$803

Compensation data as of: 12/31/2020


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 4/26/2022. To update the information below, please email: [email protected]


History

At the age of 15, Bill Gothard noticed some of his high school classmates making unwise decisions. Realizing that they would have to live with the consequences of these decisions, he was motivated to dedicate his life to helping young people make wise choices.

Shortly thereafter, an older friend challenged Bill to begin memorizing large sections of Scripture. Until his high school years, Bill had been a very poor student, flunking first grade and passing the next eight grades on probation. However, as he memorized and meditated on Scripture, Bill's grades improved significantly-so much so that he graduated from high school a member of the National Honor Society. This direct correlation between his grades and consistency in memorizing and meditating on Scripture continued through college and graduate school.

Greater achievement in school was only one of many benefits that Bill experienced as a result of applying Scripture. When working with young people, he explained these benefits and urged them to practice Scriptural disciplines such as tithing, rising early, and memorizing Scripture.

In 1964, Bill's alma mater, Wheaton College, invited him to design and teach a course based on his work with youth. The course was given the name "Basic Youth Conflicts." Two hours of upper-division undergraduate and graduate credit were awarded to students completing the course. Forty-six students, youth pastors, and teachers registered for the first class. The next year 120 students enrolled in Basic Youth Conflicts.

In the years that followed, Basic Youth Conflicts was offered in several new locations. Alumni were informed of the dates and told their friends about it. Soon seminar attendance averaged between 10,000 and 20,000 youth and adults. Now, almost 50 years later, smaller seminars are still being conducted at various locations around the World and the Seminar is available to view on demand through Embassy Institute.


Program accomplishments


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