Bethel Bible Village
The information on this page was last updated 11/26/2024. If you see errors or omissions, please email: [email protected]
Summary
Bethel Bible Village provides safe, nurturing, Christ-centered residential care for children ages 5-17 who are struggling with emotional or behavioral issues, most often due to a family crisis.
Contact information
Mailing address:
Bethel Bible Village
3001 Hamill Rd
Hixon, TN 37343
Website: bethelbiblevillage.org
Phone: (423) 842-5757
Email: [email protected]
Organization details
EIN: 626019872
CEO/President: Rosalind Connor
Chairman: Ron Bailey
Board size: 20
Founder: Floyd Hipp
Ruling year: 1956
Tax deductible: Yes
Fiscal year end: 03/31
Member of ECFA: Yes
Member of ECFA since: 1984
Purpose
We envision children of families in crisis transformed by the redemptive power of Jesus Christ and empowered to fulfill all their God-given potential.
Mission statement
Our mission is to provide Christ-centered homes and education for children, equipping and inspiring them to fulfill God's plan for their lives.
Statement of faith
This Bethel Bible Village Doctrinal Statement is a summary of what we believe as Christians:
We believe the Bible is the true word of God and provides wisdom, guidance, and authority for our lives.
We believe in one God: Father, Son, and Holy Spirit.
We believe Jesus Christ, conceived by the Holy Spirit, born of the Virgin Mary, is true God and man. We believe that man was created in the image of God and that sin separates us from God. We all sin and need Jesus Christ as our savior.
We believe that Jesus died for our sins so we can live forever with God in heaven. We are saved from hell because we believe in Him and He saved us.
We believe that everyone who has faith and believes in Jesus receives this gift of salvation, freely given to us by God's grace. We do not do anything to "earn' this, but when we believe in Jesus, we are saved. Salvation and a place in heaven is secured eternally for all believers.
We believe Jesus died on the cross, was buried, rose again, and went to Heaven. When we pray, he intercedes for us. He brings our prayers to God our Father.
We believe that everyone who receives Jesus by faith, is spiritually born again and is now a child of God.
We believe that each child of God should live for Jesus and should honor Him the way the Bible shows us. This includes being baptized in water to show our commitment to follow Jesus, breaking bread together in the Lord's Supper to remind us of His sacrifice, following his commandments, and seeking to live a God honoring life.
We believe that God created marriage as a gift between a man and a woman as the foundation of the family. We believe that it is the job of every family to love, nurture, protect, and teach children how to live a Godled life.
We believe that all who trust in Jesus should live in spiritual unity.
We believe that every person will be judged by God, and those who are saved will live forever with God.
We believe in the "blessed hope" that Jesus will return to Earth in glory, as promised in the Bible.
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 481 of 1107 | 48 of 114 | |
Fund acquisition rating | 172 of 1108 | 19 of 114 | |
Resource allocation rating | 497 of 1108 | 50 of 114 | |
Asset utilization rating | 856 of 1107 | 83 of 114 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 2% | 7% | 6% | 6% | 13% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 2% | 3% | 5% | 5% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 91% | 99% | 47% | 77% | 88% | 63% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 7% | 3% | 7% | 6% | 6% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 9% | 1% | 53% | 23% | 12% | 37% |
Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 84% | 85% | 86% | 88% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 63% | 49% | 75% | 90% | 117% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 53% | 42% | 64% | 79% | 100% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 37% | 51% | 25% | 10% | -17% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 14% | 29% | 14% | 7% | -8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 12% | 8% | 7% | 6% | 8% |
Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.93 | 0.23 | 0.26 | 0.39 | 0.58 | 0.48 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.80 | 1.28 | 1.19 | 1.20 | 1.32 | 1.50 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.09 | 0.29 | 0.31 | 0.47 | 0.76 | 0.72 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.56 | 25.46 | 21.15 | 28.91 | 19.11 | 15.01 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.04 | 0.05 | 0.03 | 0.05 | 0.07 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.53 | 39.09 | 37.23 | 24.80 | 14.96 | 15.48 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 11% | 5% | 6% | 6% | 8% | 9% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 84% | 414% | 364% | 240% | 159% | 189% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Cash | $957,828 | $2,197,177 | $376,439 | $492,612 | $307,517 |
Receivables, inventories, prepaids | $1,487,566 | $67,590 | $52,077 | $48,746 | $300,161 |
Short-term investments | $4,982,206 | $4,529,061 | $4,704,036 | $2,849,750 | $2,370,013 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $7,427,600 | $6,793,828 | $5,132,552 | $3,391,108 | $2,977,691 |
Long-term investments | $6,597 | $6,597 | $0 | $0 | $0 |
Fixed assets | $2,042,371 | $1,310,341 | $1,004,321 | $1,033,290 | $1,186,033 |
Other long-term assets | $63,665 | $336 | $340 | $40,000 | $308,564 |
Total long-term assets | $2,112,633 | $1,317,274 | $1,004,661 | $1,073,290 | $1,494,597 |
Total assets | $9,540,233 | $8,111,102 | $6,137,213 | $4,464,398 | $4,472,288 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
Payables and accrued expenses | $291,787 | $321,234 | $177,517 | $177,435 | $198,327 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $291,787 | $321,234 | $177,517 | $177,435 | $198,327 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $184,133 | $188,504 | $197,853 | $197,577 | $202,273 |
Total long-term liabilities | $184,133 | $188,504 | $197,853 | $197,577 | $202,273 |
Total liabilities | $475,920 | $509,738 | $375,370 | $375,012 | $400,600 |
Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Without donor restrictions | $6,254,925 | $6,474,394 | $4,831,565 | $3,114,579 | $2,394,080 |
With donor restrictions | $2,809,388 | $1,126,970 | $930,278 | $974,807 | $1,677,608 |
Net assets | $9,064,313 | $7,601,364 | $5,761,843 | $4,089,386 | $4,071,688 |
Revenues and expenses | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
Total contributions | $3,451,162 | $2,007,498 | $2,477,730 | $2,530,144 | $1,165,536 |
Program service revenue | $62,652 | $76,993 | $52,254 | $75,043 | $12,900 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | ($216,735) | $1,855,213 | $761,050 | $40,024 | $306,941 |
Other revenue | $179,079 | $313,577 | ($75,489) | $222,218 | $358,985 |
Total other revenue | $24,996 | $2,245,783 | $737,815 | $337,285 | $678,826 |
Total revenue | $3,476,158 | $4,253,281 | $3,215,545 | $2,867,429 | $1,844,362 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
Program services | $1,845,830 | $1,776,685 | $2,070,300 | $2,262,500 | $1,840,019 |
Management and general | $270,805 | $171,910 | $177,653 | $165,327 | $165,046 |
Fundraising | $73,679 | $137,887 | $149,604 | $149,272 | $149,520 |
Total expenses | $2,190,314 | $2,086,482 | $2,397,557 | $2,577,099 | $2,154,585 |
Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
Surplus (deficit) | $1,285,844 | $2,166,799 | $817,988 | $290,330 | ($310,223) |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $1,285,844 | $2,166,799 | $817,988 | $290,330 | ($310,223) |
Compensation
Name | Title | Compensation |
Rosalind Connor | President & CEO | $119,498 |
Harriet Brunker | CFO | $80,433 |
Compensation data as of: 3/31/2023
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 11/26/2024. To update the information below, please email: [email protected]
History
Our story began in 1954, with six boys living in cardboard boxes. With their parents no longer able to take care of them, Floyd Hipp, a prison evangelist, realized he needed to find a way to help. He opened a home for those six boys on Signal Mountain and our ministry has grown from there. For 60+ years, we have witnessed how Hipp's faith-based approach can help so many young people facing adversity. Bethel is located in beautiful Hixson, TN. We have served over 2000 children through our residential care and fully accredited school, Bethel Christian Academy.