Back to the Bible / Good News Broadcasting Association

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/15/2022. To update the information in this column, please email: info@ministrywatch.com


Summary

Back to the Bible is a worldwide Christian ministry dedicated to leading people forward spiritually. Using media and technology, we meet people at their own spiritual level and walk with them daily into a living, growing and passionate relationship with Jesus Christ by equipping and motivating them to engage Scripture daily.

Back to the Bible seeks to honor God, value people, champion the Bible, advance ministry, and promote and practice stewardship, as we accomplish our mission and purpose.

Back to the Bible is non-denominational, which simply means we are not affiliated with or supported by any specific church or denominational group. Our financial support is supplied by God through the generous gifts of listeners and ministry friends.


Contact information

Mailing address:
Back to the Bible
PO Box 82808
Lincoln, NE 68501-2808

Website: www.backtothebible.org

Phone: 800-759-2425

Email: info@backtothebible.org


Organization details

EIN: 470405317

CEO/President: Dr. Arnie Cole

Chairman: Mr. Dale Michels

Board size: 5

Founder: Mr. Theodore Epp

Ruling year: 1943

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Our Method - We partner with researchers at the Center for Bible Engagement to find out how people best connect with Scripture and what difference it makes in their day-to-day lives.

Our Work - Our research drives innovation in how we connect with God's people through radio, the internet, mobile apps and other emerging technologies.

Proven Results - We have seen measurable life transformation through engaging God's Word in people who were previously unengaged. This leads to a growing spiritual maturity evidenced by behavioral changes and a desire to introduce others to Jesus Christ.


Mission statement

Back to the Bible exists to help Ministries & individuals move closer to Jesus today than yesterday, leading to life transformation as you become a Biblically engaged disciple maker.


Statement of faith

Donor confidence score

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Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating872 of 102245 of 53
Fund acquisition rating766 of 102439 of 53
Resource allocation rating438 of 102426 of 53
Asset utilization rating970 of 102251 of 53

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%12%17%6%10%12%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
7%12%20%6%9%13%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%102%112%100%90%112%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%11%11%11%12%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%-2%-12%0%10%-12%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%80%81%79%74%73%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%112%170%54%72%126%
Program output ratio Program output ratio =
Program services /
Total revenue
74%90%137%43%54%92%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%-12%-70%46%28%-26%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
9%-31%-120%81%175%153%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%9%8%9%13%17%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.930.430.590.320.380.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.354.353.222.012.442.70
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.741.881.910.640.931.27
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.504.8613.177.826.824.36
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.210.080.130.150.23
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.935.075.8116.4211.027.27
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
12%85%80%67%92%106%
Debt ratio Debt ratio =
Debt /
Total assets
0%10%0%0%0%1%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
84%34%34%105%22%-13%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$661,240$870,926$3,446,674$344,199$300,753
Receivables, inventories, prepaids$847,823$1,035,249$905,294$1,932,106$847,010
Short-term investments$1,442,116$1,917,465$3,909,011$2,718,011$3,305,255
Other current assets$0$0$0$0$0
Total current assets$2,951,179$3,823,640$8,260,979$4,994,316$4,453,018
Long-term investments$0$0$0$0$0
Fixed assets$3,099,505$1,684,070$1,022,885$23,660$73,360
Other long-term assets$6,787,022$6,804,935$7,303,979$7,149,804$7,508,885
Total long-term assets$9,886,527$8,489,005$8,326,864$7,173,464$7,582,245
Total assets$12,837,706$12,312,645$16,587,843$12,167,780$12,035,263
 
Liabilities20202019201820172016
Payables and accrued expenses$473,945$290,266$1,056,830$732,746$1,022,336
Other current liabilities$132,673$0$0$0$0
Total current liabilities$606,618$290,266$1,056,830$732,746$1,022,336
Debt$1,307,327$0$0$58,029$60,529
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$9,012,417$9,511,965$10,003,265$10,353,942$11,715,506
Total long-term liabilities$10,319,744$9,511,965$10,003,265$10,411,971$11,776,035
Total liabilities$10,926,362$9,802,231$11,060,095$11,144,717$12,798,371
 
Net assets20202019201820172016
Without donor restrictions($801,894)($235,410)$2,621,985($2,784,734)($3,368,496)
With donor restrictions$1,788,857$2,745,824$2,905,763$3,807,797$2,605,388
Net assets$1,911,344$2,510,414$5,527,748$1,023,063($763,108)
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$5,064,838$4,816,682$9,778,900$5,796,570$5,042,313
Program service revenue$77,783$231,776$46,299$121,488$221,137
Membership dues$0$0$0$0$0
Investment income$56,352($7,091)$345,559$313,340($259,276)
Other revenue($248,858)($758,947)($400,522)$196,424($509,615)
Total other revenue($114,723)($534,262)($8,664)$631,252($547,754)
Total revenue$4,950,115$4,282,420$9,770,236$6,427,822$4,494,559
 
Expenses20202019201820172016
Program services$4,455,279$5,882,393$4,183,426$3,444,852$4,131,217
Management and general$507,106$578,424$488,893$618,294$947,190
Fundraising$586,800$838,937$593,232$578,505$582,095
Total expenses$5,549,185$7,299,754$5,265,551$4,641,651$5,660,502
 
Change in net assets20202019201820172016
Surplus (deficit)($599,070)($3,017,334)$4,504,685$1,786,171($1,165,943)
Other changes in net assets$0$0$0$0$0
Total change in net assets($599,070)($3,017,334)$4,504,685$1,786,171($1,165,943)

Compensation

NameTitleCompensation
Arnold R ColeCorporate CEO/Interim President of CBE$246,189
Nicole MierauCorporate Secretary$174,016
Sean GeweckeCorporate Treasurer/CFO$168,671
Jack BurkeDirector of Donor Development$144,124
Pam OvwighoExecutive Director Research & Dev$135,753
Christopher DavisMedia Production Engineer$127,407
Mark GrahamChief Tech Officer / Asst Secretary$111,082
Harold BerryBoard Member/Theological Consultant$12,182

Compensation data as of: 6/30/2020


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 3/15/2022. To update the information below, please email: info@ministrywatch.com


History

1939 - Back to the Bible was founded by Theodore Epp in Lincoln, Nebraska.

1954 - First overseas office opens in England.

1980 - Warren Wiersbe joins as the radio Bible teacher.

1988 - Gateway to Joy, Back to the Bible's first women's program, began with Elisabeth Elliot

1990 - Dr. Woodrow Kroll joins as Bible teacher and general director.

2011 - Launch of the goTandem mobile discipleship tool.

2014 - Launch of Back to the Bible Custom Apps - offering ministries and organizations customizable spiritual growth mobile apps.


Program accomplishments

Six Ways You're Making a Difference:

You are helping people get engaged in the Bible in more than 180 countries earlier this year. (At one point, 88 countries were added in just a two-week period!) We've launched daily discipleship worldwide. - Through goTandem, you are reaching more than 350,000 users-over 25 percent non-believers and over 53 percent notional believers-individuals who are not engaged in the Bible and are under age 35. - As we've partnered with more than 1,000 churches, you have been impacting more than 156,000 congregants. - You have helped people receive goTandem in 11 different strategic languages. - You are helping develop a Bible engagement app for children. - You are making it possible to develop an app that will minister to individuals battling addictions


Needs