Children's Bible Ministries of NC dba New Life Camp

The information on this page was last updated 3/30/2023. If you see errors or omissions, please email: [email protected]

Summary

Investing in the Lives of Children for Eternity

Located in the heart of the Triangle on 72 acres of wooded oasis, New Life Camp has been cultivating adventure, excitement and belonging by providing summer camp as well as facilities that foster a year-round hub of activity for churches, homeschoolers and sports leagues for more than 70 years.

Contact information

Mailing address:
New Life Camp
9927 Falls of Neuse Rd
Raleigh, NC 27614

Website: newlifecamp.com

Phone: 919-847-0764

Email: [email protected]

Organization details

EIN: 561314780

CEO/President: Dr. Jeff Beckett

Chairman: Bill Peterson

Board size: 10

Founder: Bob & Debbie Johnson

Ruling year: 1982

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2021

Purpose

We value the way acceptance, adventure and competition can build fellowship and belonging. This is the heart of who we are.

Mission statement

We focus on a "making disciples" model rather than just making converts. New Life Camp exists to love, accept and introduce children and their families to Jesus Christ and equip them to live lives that glorify God.

Statement of faith

We believe the Scriptures of the Old and New Testament to be the completely inspired (God-breathed) Word of God, the final authority for faith and life, inerrant in the original writings.(Matt. 5:18; John 16:12-13; 2 Tim. 3:16-17; 2 Pet. 1:20-21)

We believe in the deity of the Lord Jesus Christ as fully God and fully man, conceived by the Holy Spirit, born of a virgin; as God the Son, co-equal and co-existent with God the Father and God the Holy Spirit. (Matt 1:1-2:13; John 1:1-11; 14-16; Phil. 2:5-11; Col. 1:15)

We believe in man's fallen condition, through nature and practice, he stands guilty before God and is righteously judged fit only for an external hell. (Gen. 3:1-113; Matt. 25:46; Rom. 3:10 & 23; 5:12-21; I Cor. 15:21-22; I Thess. 1:7-10; Rev. 20:12-15)

We believe that the Lord Jesus Christ died for our sins, according to the Scriptures as a representative and substitutionary sacrifice and that His shed blood is the only, the all-satisfying, and eternally secure ground of justification to all who believe Him. The Lord Jesus was also raised from the dead on the third day in the same body in which He was crucified, and He has qualified the saints for service here, a like resurrection, and a place in His divine presence for eternity. (Matt. 28; Luke 24: 39-43; Rom 3:21-28; 5:10-11; I Cor. 15: 3-4; I Tim. 2:5-6; Heb. 9:11-22; I Pet. 1:18-20; I John 2:2; 5:10-13)

We believe that repentance, forgiveness and becoming a new creature are several of the many experiences of the Christian who is kept by God's power, being secure in Christ forever and that it is the privilege of believers to rejoice in the assurance of salvation. (John 6:37-40; 10:27-30; Rom. 8:1, 38-39; I Cor. 5:17; I John 5:11-13)

We believe that God the Holy Spirit is a person who convicts sinners and who regenerates and baptizes them at the moment of their salvation into the body of Christ. We also believe that the Holy Spirit indwells and seals all who believe until Christ returns and fills and empowers for service those who are yielded to Him. (John 16:8-11; Rom. 8-9; 1 Cor. 6:19-20; 12:12-14; Gal. 5:16; Eph. 1:13-14; 4:30; 5:18; Titus 3:5)

We believe in the visible, personal, and imminent return of the Lord and Savior Jesus Christ for His church. (John 14:3; Acts 1:9-11; 1 Thess. 4:13-18)

We believe in the bodily resurrection of the justified and of the unjustified, the everlasting felicity of the saved and the everlasting punishment of the lost. (John 11:23-27; Rom. 8:11; 2 Cor. 5:1; 1 Thess. 4:13-18; Rev. 20:12-15)

We believe that God hears and answers the prayer of faith, in accord with His own will, for the sick and afflicted. (John 15:7, 1 John 5:14-15)

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Camps/Conference Centers

Category	Rating	Overall rank	Sector rank
Overall efficiency rating		743 of 1106	30 of 36
Fund acquisition rating		952 of 1107	31 of 37
Resource allocation rating		238 of 1107	16 of 37
Asset utilization rating		792 of 1106	27 of 36

Financial ratios

Funding ratios	Sector median	2022	2021	2020	2019	2018
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions	6%	12%	4%	4%	13%	13%
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue	2%	4%	2%	2%	5%	6%
Contributions reliance Contributions reliance = Total contributions / Total revenue	36%	32%	55%	58%	43%	46%
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses	2%	5%	3%	3%	7%	7%
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue	64%	68%	45%	42%	57%	54%

Operating ratios	Sector median	2022	2021	2020	2019	2018
Program expense ratio Program expense ratio = Program services / Total expenses	84%	86%	78%	81%	80%	80%
Spending ratio Spending ratio = Total expenses / Total revenue	89%	82%	57%	74%	78%	80%
Program output ratio Program output ratio = Program services / Total revenue	70%	70%	44%	60%	62%	65%
Savings ratio Savings ratio = Surplus (deficit) / Total revenue	11%	18%	43%	26%	22%	20%
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets	5%	5%	17%	10%	10%	9%
General and admin ratio General and admin ratio = Management and general expense / Total expenses	13%	10%	19%	16%	13%	12%

Investing ratios	Sector median	2022	2021	2020	2019	2018
Total asset turnover Total asset turnover = Total expenses / Total assets	0.35	0.23	0.23	0.29	0.35	0.37
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets	3.59	3.46	2.46	3.60	5.12	4.82
Current asset turnover Current asset turnover = Total expenses / Total current assets	1.48	0.79	0.57	1.04	1.79	1.78

Liquidity ratios	Sector median	2022	2021	2020	2019	2018
Current ratio Current ratio = Total current assets / Total current liabilities	6.51	35.30	318.62	5484.87	479.59	385.36
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets	0.15	0.03	0.00	0.00	0.00	0.00
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12)	5.90	14.79	21.11	11.57	6.69	6.72

Solvency ratios	Sector median	2022	2021	2020	2019	2018
Liabilities ratio Liabilities ratio = Total liabilities / Total assets	9%	1%	0%	0%	0%	0%
Debt ratio Debt ratio = Debt / Total assets	0%	0%	0%	0%	0%	0%
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses	221%	434%	434%	347%	286%	270%

Financials

Balance sheet

Assets	2022	2021	2020	2019	2018
Cash	$2,587,806	$3,194,585	$1,797,913	$1,108,707	$1,071,542
Receivables, inventories, prepaids	$47,302	$68,869	$45,004	$55,258	$45,620
Short-term investments	$0	$4,024	$0	$0	$0
Other current assets	$0	$0	$0	$0	$0
Total current assets	$2,635,108	$3,267,478	$1,842,917	$1,163,965	$1,117,162
Long-term investments	$0	$0	$0	$0	$0
Fixed assets	$5,942,885	$4,780,454	$4,796,978	$4,793,446	$4,259,112
Other long-term assets	$538,071	$1,462	$1,462	$3,351	$3,201
Total long-term assets	$6,480,956	$4,781,916	$4,798,440	$4,796,797	$4,262,313
Total assets	$9,116,064	$8,049,394	$6,641,357	$5,960,762	$5,379,475

Liabilities	2022	2021	2020	2019	2018
Payables and accrued expenses	$74,640	$10,255	$336	$2,427	$2,899
Other current liabilities	$0	$0	$0	$0	$0
Total current liabilities	$74,640	$10,255	$336	$2,427	$2,899
Debt	$0	$0	$0	$0	$0
Due to (from) affiliates	$0	$0	$0	$0	$0
Other long-term liabilities	$18,501	$0	$0	$0	$0
Total long-term liabilities	$18,501	$0	$0	$0	$0
Total liabilities	$93,141	$10,255	$336	$2,427	$2,899

Net assets	2022	2021	2020	2019	2018
Without donor restrictions	$9,022,923	$5,442,915	$5,053,276	$4,936,661	$4,390,594
With donor restrictions	$0	$2,596,224	$1,587,745	$1,021,674	$985,982
Net assets	$9,022,923	$8,039,139	$6,641,021	$5,958,335	$5,376,576

Revenues and expenses

Revenue	2022	2021	2020	2019	2018
Total contributions	$812,250	$1,771,667	$1,503,079	$1,136,498	$1,134,635
Program service revenue	$1,603,615	$1,372,140	$1,024,590	$1,368,226	$1,208,658
Membership dues	$0	$0	$0	$0	$0
Investment income	$11,719	$26,345	$9,671	$19,415	$6,858
Other revenue	$110,547	$78,147	$38,035	$140,616	$121,707
Total other revenue	$1,725,881	$1,476,632	$1,072,296	$1,528,257	$1,337,223
Total revenue	$2,538,131	$3,248,299	$2,575,375	$2,664,755	$2,471,858

Expenses	2022	2021	2020	2019	2018
Program services	$1,778,035	$1,437,246	$1,543,117	$1,660,977	$1,599,715
Management and general	$204,671	$349,419	$308,805	$279,115	$246,310
Fundraising	$94,502	$64,560	$59,765	$142,905	$142,360
Total expenses	$2,077,208	$1,851,225	$1,911,687	$2,082,997	$1,988,385

Change in net assets	2022	2021	2020	2019	2018
Surplus (deficit)	$460,923	$1,397,074	$663,688	$581,758	$483,473
Other changes in net assets	$0	$0	$0	$0	$0
Total change in net assets	$460,923	$1,397,074	$663,688	$581,758	$483,473

Compensation

Name	Title	Compensation
Jeff Beckett	Executive Di	$115,558

Compensation data as of: 12/31/2022

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 3/30/2023. To update the information below, please email: [email protected]

Question	Response	Score
Does the organization have a statement of faith consistent with historic Christian creeds and is that statement of easily found on its website?	Yes	3/3
Does the board have no more than 2 non-independent members?	Yes	10/10
Does the board have at least four independent board members for every non-independent member?	Yes	3/3
Does the board contain between 5 and 11 members?	Yes	10/10
Does the organization file a Form 990 and make its Form 990 available to the public?	Yes	25/25
Does the organization make its audit or review (if annual revenue is more than $1-m) available on its website?	No	0/2
Is the organization a member of the ECFA?	Yes	20/20
Is the CEO/President's compensation within one standard deviation of the median compensation?	Yes	2/2
For the past five years, has the organization been free of any lawsuits or administrative actions filed against it by an employee, client, board member, vendor, donor, or other related party?	Yes	2/2
Does the organization require its employees to affirm upon hiring the statement of faith of the organization?	Yes	2/2
Is the board chair an independent member of the board?	Yes	2/2
Have there been no public accusations of misdeeds against the organization, founder, CEO, senior pastor, or board members in the past five years?	Yes	2/2
Has the organization refrained from the use of non-disclosure agreements?	Yes	2/2
Does the organization have an overall financial efficiency rating of at least 3 stars?	No	0/15
Total donor confidence score		83/100