Bible Pathway Ministries 
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
The Ministry of Bible Pathway is an absolute miracle. When you think of its very humble beginnings and where it is today, only 40 years later, it is astounding! Today, it is one of the most strategic ministries, placing total emphasis on the power of the whole counsel of God's Word to change lives and to affect the destiny of nations. Bible Pathway's daily devotional content points out the necessity of a right relationship with God and our responsibility to others.
Contact information
Mailing address:
Bible Pathway Ministries
PO Box 20123
Murfreesboro, TN 37129-0123
Website: www.biblepathway.org
Phone: (615) 896-4243
Email: Ryan@biblepathway.org
Organization details
EIN: 620972054
CEO/President: Jennifer Palafox
Chairman:
Board size: 0
Founder: Dr. John Hash
Ruling year: 1977
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Go ye therefore, and teach all nations, baptizing them in the name of the Father, and of the Son, and of the Holy Ghost: Teaching them to observe all things whatsoever I have commanded you: and, lo, I am with you alway, even unto the end of the world. Amen. Matthew 28:19-20
The Great Commission, that Jesus entrusted to the New Testament church, has continually been passed down through the ages until today where it reaches us. This commission is needed to be carried more today than ever. The commission to carry the Word of God to every corner of the world. The commission to have every person on this planet to learn of Jesus Christ and His great gift to mankind. Human souls are hungry for God's Word and many do not even know what they desire. They stand in the valley of decision. How are they to find the truth?
Bible Pathway Ministries International has one true purpose. This is to feed that hunger for God's Word. The mission God has given us is get the Word of God into the hands of every human possible and so they might be able to read and understand it. This is necessary because it is in God's Word we find the answers to life's questions. All Scripture is given by inspiration of God, and is profitable for doctrine, for reproof, for correction, for instruction in righteousness: That the man of God may be perfect, throughly furnished unto all good works. II Timothy 3:16-17.
"This means that God, through His Word, provides everything necessary for us to be fully prepared to be the person God wants us to be in order to accomplish the purpose for which He created us. I believe that the whole future course, character, and testimony of the Body of Christ depends - not partly - but entirely on the Spirit of God writing deeply in our hearts the importance of living all of the Scriptures. No one can live something they don't know." - John A. Hash, Founder & Executive Director of Bible Pathway Ministries.
Mission statement
Bible Pathway looks to continue to encourage people to read the Bible from Genesis to Revelation. We also intend to continue to provide Bibles, Bible Pathways and other materials to those trying to spread the gospel. We intend to continue to promote God's Word through Bible Reading Marathons. We will also strive towards new endeavors of carrying the Word of God to all the world.
Statement of faith
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Growth
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 478 of 1022 | 33 of 74 |
| Fund acquisition rating | | 84 of 1024 | 6 of 74 |
| Resource allocation rating | | 868 of 1024 | 59 of 74 |
| Asset utilization rating | | 530 of 1022 | 38 of 74 |
Financial ratios
| Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
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 | 86% | 80% | 75% | 86% | 78% | 74% |
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 | 14% | 20% | 25% | 14% | 22% | 26% |
| Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 71% | 73% | 74% | 70% | 74% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 110% | 147% | 91% | 104% | 101% |
Program output ratio Program output ratio = Program services / Total revenue | 74% | 78% | 107% | 67% | 73% | 75% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | -10% | -47% | 9% | -4% | -1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | -9% | -30% | 7% | -3% | -1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 29% | 27% | 26% | 30% | 26% |
| Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.99 | 0.98 | 0.91 | 0.77 | 0.82 | 0.87 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.38 | 1.72 | 1.29 | 1.22 | 1.27 | 2.12 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.52 | 1.68 | 1.18 | 0.94 | 1.04 | 1.83 |
| Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.40 | 0.00 | 65227.67 | 61.94 | 175.68 | 17.55 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.00 | 0.00 | 0.02 | 0.01 | 0.06 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.17 | 7.16 | 10.20 | 12.61 | 11.45 | 6.17 |
| Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 0% | 3% | 2% | 2% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 85% | 103% | 106% | 127% | 119% | 111% |
Financials
| Balance sheet | |||||
| Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Cash | $233,731 | $366,212 | $507,543 | $426,679 | $245,008 |
| Receivables, inventories, prepaids | $27,472 | $25,154 | $27,339 | $47,653 | $48,300 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $261,203 | $391,366 | $534,882 | $474,332 | $293,308 |
| Long-term investments | $84,120 | $0 | $0 | $0 | $0 |
| Fixed assets | $103,091 | $112,653 | $115,157 | $124,234 | $133,932 |
| Other long-term assets | $425 | $425 | $425 | $3,982 | $193,293 |
| Total long-term assets | $187,636 | $113,078 | $115,582 | $128,216 | $327,225 |
| Total assets | $448,839 | $504,444 | $650,464 | $602,548 | $620,533 |
| Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
| Payables and accrued expenses | $0 | $6 | $8,636 | $2,700 | $16,711 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $0 | $6 | $8,636 | $2,700 | $16,711 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $14,417 | $4,744 | $10,341 | $6,835 |
| Total long-term liabilities | $0 | $14,417 | $4,744 | $10,341 | $6,835 |
| Total liabilities | $0 | $14,423 | $13,380 | $13,041 | $23,546 |
| Net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Without donor restrictions | $248,839 | $290,021 | $437,084 | $389,507 | $396,987 |
| With donor restrictions | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 |
| Net assets | $448,839 | $490,021 | $637,084 | $589,507 | $596,987 |
| Revenues and expenses | |||||
| Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
| Total contributions | $318,602 | $236,183 | $469,720 | $369,332 | $391,866 |
| Program service revenue | $70,178 | $76,157 | $78,064 | $103,901 | $127,938 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,433 | $1,144 | $376 | $1,721 | $11,605 |
| Other revenue | $6,394 | $0 | $364 | $108 | $131 |
| Total other revenue | $78,005 | $77,301 | $78,804 | $105,730 | $139,674 |
| Total revenue | $396,607 | $313,484 | $548,524 | $475,062 | $531,540 |
| Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
| Program services | $310,733 | $336,799 | $368,757 | $345,399 | $396,341 |
| Management and general | $127,056 | $123,748 | $132,190 | $148,760 | $141,187 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $437,789 | $460,547 | $500,947 | $494,159 | $537,528 |
| Change in net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Surplus (deficit) | ($41,182) | ($147,063) | $47,577 | ($19,097) | ($5,988) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($41,182) | ($147,063) | $47,577 | ($19,097) | ($5,988) |
Compensation
| Name | Title | Compensation |
| Jennifer Palafox | President | $66,100 |
| James K Jennings | Financial Officer | $29,120 |
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
In the fall of 1973, Dr. John A Hash decided to run a small ad in a religious publication offering a free Bible study guide to help people read through the Bible in a year's time. Delighted by the 1,000 responses to his ad, Dr. Hash contacted a printer to begin publishing his new guide, only to find the printer would only run a minimum of 20,000 copies. Dr. Hash responded, " I looked it on as sowing seed for a harvest." In a manner of two years, readership escalated to 50,000.
Requests for Bibles and Bible Pathways poured in from world's mission fields as the ministry was faced with translating the popular study guide in many languages, including those of Third World countries.
From the very beginning of the Ministry, Bible Pathway has fought the good fight of faith. God has done great things through this ministry with a small staff. The ministry has grown through the years often with limited funds.
Dr. John A Hash went home to be with the Lord in early 2012. Though he will be greatly missed, his visions for the growth of Bible Pathway inspires us to look forward to the future of the ministry. Dr. Hash personally named Jennifer Palafox to be his successor in leading the ministry into the years ahead.