Community Bible Study

The information on this page was last updated 12/22/2023. If you see errors or omissions, please email: [email protected]


Summary



We love seeing what happens in people's lives when they discover God through the study of His Word. We have Bible studies for all age groups and stages of life, from classes for toddlers and teens to classes for adults who are single and married. Together we explore the Bible and what it tells us about the God who has woven His story through history and is present with us now.


Contact information

Mailing address:
Community Bible Study
790 Stout Rd.
Colorado Springs, CO 80921

Website: www.communitybiblestudy.org

Phone: 800-826-4181

Email: [email protected]


Organization details

EIN: 510233462

CEO/President: Kimm Carr

Chairman: Deb Crowe

Board size: 12

Founder: Floyd and Lee Campbell

Ruling year: 1978

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1996


Purpose

"Transformed Lives Through the Word of God"


Mission statement

To make disciples of the Lord Jesus Christ in our communities through caring, in-depth Bible study, available to all


Statement of faith

WE BELIEVE that the Bible, both Old and New Testaments, is divine revelation and the inspired Word of God, inerrant in the original manuscripts. Its teaching is the final authority for all Christian life in matters of faith and practice.

WE BELIEVE in the unity of the Godhead, eternally existing in three persons, Father, Son, and Holy Spirit, and yet identical in nature; all-powerful, all-knowing, everywhere present, and unchangeable; infinitely perfect in love, truth, righteousness, justice, goodness, grace, and mercy.

WE BELIEVE that Jesus Christ, the Son of God, is both fully God and fully man, two natures in one person. He was conceived by the Holy Spirit and born of the Virgin Mary. He performed miracles to manifest His deity, lived a sinless life, suffered, and died as a completely satisfactory sacrifice for the sin of the whole world. He arose from the dead on the third day, and His bodily resurrection guarantees the resurrection of all who believe in Him. He ascended to the right hand of God the Father, where He reigns over the universe and intercedes for believers, and from where He will return to earth to establish His kingdom.

WE BELIEVE that man was created in the image of God but fell into disobedience by a voluntary decision and, as a result, became separated from God, and therefore spiritually dead and subject to physical death. This fallen nature was transmitted to all humanity, except Jesus Christ, who lived a sinless life. The blood of Jesus Christ was shed for our redemption. Only those who receive Christ Jesus by faith are forgiven and born of the Holy Spirit; thus, they become children of God. Faith alone is the condition of salvation, but good works and righteous living should accompany such faith and furnish evidence of its existence.

WE BELIEVE that the Holy Spirit indwells and seals every believer at the moment of saving faith. The ministry of the Holy Spirit is to glorify the Lord Jesus Christ and, during this age, to convince men of sin, regenerate the believing sinner, and indwell, guide, instruct, and empower the believer for godly living and service. We believe that all Christians should witness for Christ in His power and study the Bible with His help.

WE BELIEVE that the church, composed of all who genuinely believe in and accept Jesus Christ as Savior, is united together into one body, of which He is the Head. As members of the church, we have a responsibility to keep the unity of the Spirit in the bond of peace, supporting the local church and loving one another with pure hearts.

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Leadership Training

CategoryRatingOverall rankSector rank
Overall efficiency rating236 of 11105 of 21
Fund acquisition rating123 of 11111 of 21
Resource allocation rating71 of 11111 of 21
Asset utilization rating910 of 111017 of 21

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%0%1%1%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%81%81%78%79%77%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
8%0%0%1%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%19%19%22%21%23%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%92%89%85%90%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
92%90%92%75%88%94%
Program output ratio Program output ratio =
Program services /
Total revenue
74%83%82%64%79%85%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
8%10%8%25%12%6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%8%6%16%12%7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%8%11%14%10%10%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.420.650.630.450.810.97
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.171.251.261.341.471.58
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.810.810.790.601.191.54
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.638.106.919.787.874.16
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.040.120.140.100.130.24
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.3813.0012.9517.818.785.92
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%10%11%8%9%15%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
57%140%141%204%113%87%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$15,821,207$14,381,823$12,523,564$9,710,697$8,539,691
Receivables, inventories, prepaids$636,876$583,566$230,449$185,857$212,584
Short-term investments$128,581$126,717$100,109$0$0
Other current assets$0$0$0$0$0
Total current assets$16,586,664$15,092,106$12,854,122$9,896,554$8,752,275
Long-term investments$0$0$0$0$0
Fixed assets$3,487,865$3,639,716$4,010,297$4,366,392$4,768,730
Other long-term assets$705,250$344,484$332,692$313,365$295,161
Total long-term assets$4,193,115$3,984,200$4,342,989$4,679,757$5,063,891
Total assets$20,779,779$19,076,306$17,197,111$14,576,311$13,816,166
 
Liabilities20232022202120202019
Payables and accrued expenses$635,548$1,047,850$320,188$298,507$626,882
Other current liabilities$1,413,250$1,137,063$994,662$959,296$1,478,153
Total current liabilities$2,048,798$2,184,913$1,314,850$1,257,803$2,105,035
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$2,048,798$2,184,913$1,314,850$1,257,803$2,105,035
 
Net assets20232022202120202019
Without donor restrictions$15,251,628$12,173,172$11,457,027$9,321,088$7,682,012
With donor restrictions$3,479,353$4,718,221$4,425,234$3,997,420$4,029,119
Net assets$18,730,981$16,891,393$15,882,261$13,318,508$11,711,131
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$12,081,146$10,459,837$8,055,259$10,585,202$11,093,437
Program service revenue$2,636,213$2,408,952$2,160,963$2,669,566$3,144,040
Membership dues$0$0$0$0$0
Investment income$179,121$6,110$10,014$32,362$22,626
Other revenue$0$100,542$92,060$104,939$85,039
Total other revenue$2,815,334$2,515,604$2,263,037$2,806,867$3,251,705
Total revenue$14,896,480$12,975,441$10,318,296$13,392,069$14,345,142
 
Expenses20232022202120202019
Program services$12,350,658$10,600,734$6,632,321$10,626,379$12,153,396
Management and general$1,033,843$1,298,407$1,100,038$1,137,455$1,282,364
Fundraising$35,021$57,373$41,435$39,062$33,047
Total expenses$13,419,522$11,956,514$7,773,794$11,802,896$13,468,807
 
Change in net assets20232022202120202019
Surplus (deficit)$1,476,958$1,018,927$2,544,502$1,589,173$876,335
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,476,958$1,018,927$2,544,502$1,589,173$876,335

Compensation

NameTitleCompensation
Kimm CarrExecutive Director$168,623
Chris BakerFinance Director$149,876
Keith SparzakInternational Director$138,454
James FerrierInternational Operations Director$114,039
Jacquelyn ParkerSecretary$87,721

Compensation data as of: 6/30/2023


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 12/22/2023. To update the information below, please email: [email protected]


History


Program accomplishments


Needs