BEE World

Summary

BEE's Vision....


"To see a global network of indigenous Church-based Training Centers preparing God's servants to shepherd a growing, church planting movement in restricted-access countries."


Contact information

Mailing address:
990 Pinon Ranch View, Suite 100
Colorado Springs, CO 80907-0907

Website: www.beeworld.org

Phone: (719) 488-5837

Email: info@beeworld.org


Organization details

EIN: 742752161

CEO/President: Mr. David Semmelbeck

Chairman: Mr. James Bobo

Board size: 11

Founder:

Year founded: 1995

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2000


Purpose

    BEE World is:


  • Committed to Training Leaders in Restricted-access Countries: In numerous countries in the world the Church is denied the opportunity to train present and future leaders. BEE's commitment is to provide the training they need.

  • Committed to Church-based Training: Training takes place in the context of the local church while each student maintains their ministry in their local church.

  • Committed to Extension Education: BEE takes the training to the student. Students do not need to leave their family, local church or natural sphere of influence.

  • Committed to Training All Needed Church Leaders: BEE seeks to equip pastors, evangelists, teachers, church planters, deacons and elders.

  • Committed to Networking: BEE realizes that they can not meet all the needs in restricted-access countries alone and actively seek to network with other missions and existing ministries.

  • Committed to Indigenization: BEE assists the national in directing, funding and staffing their own training, now and for the future.

  • Committed to Multiplication: BEE encourages their students to mulitiply themselves by teaching others as soon as they have completed the first two courses, utilizing a curriculum that they can easily transfer to others (II Timothy 2:2).

Mission statement

BEE World uses the following to express it mission:

The purpose of BEE World is to assist the Church, primarily in closed countries, in the establishment of continuing, indigenious Church-based Training Centers in which servant leaders are equipped to develop growing and reproducing churches.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating318 of 58630 of 45
Fund acquisition rating378 of 58633 of 45
Resource allocation rating404 of 58634 of 45
Asset utilization rating160 of 58615 of 45

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%9%7%10%8%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%9%7%9%8%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%96%99%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%9%8%9%8%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%4%1%0%0%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%78%77%75%78%79%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%97%85%102%100%98%
Program output ratio Program output ratio =
Program services /
Total revenue
80%76%65%77%77%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%3%15%-2%0%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%5%34%-6%0%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%13%15%16%14%12%
 
Investing ratiosMedian measure
for all ministries
in MW database
20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.071.711.742.061.981.94
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.691.882.022.812.913.22
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.183.203.525.795.776.24
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.7924.4622.6814.213.290.93
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.040.040.070.301.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.713.593.261.931.45-0.14
 
Solvency ratiosMedian % for
all ministries in
MW database
20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%10%10%31%31%33%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%19%21%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%52%52%33%35%34%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,139,458$996,471$545,820$548,521$477,703
Receivables, inventories, prepaids$54,367$24,711$52,995$43,033$44,464
Short-term investments$0$0$0$0$0
Other current assets$30,015$49,236$69,122$89,556$111,309
Total current assets$1,223,840$1,070,418$667,937$681,110$633,476
Long-term investments$189,641$162,864$182,843$168,225$165,116
Fixed assets$885,073$927,233$1,027,548$1,133,000$1,239,729
Other long-term assets$0$0$0$0$0
Total long-term assets$1,074,714$1,090,097$1,210,391$1,301,225$1,404,845
Total assets$2,298,554$2,160,515$1,878,328$1,982,335$2,038,321
 
Liabilities20192018201720162015
Payables and accrued expenses$50,032$47,200$47,003$39,087$104,956
Other current liabilities$0$0$0$168,225$575,116
Total current liabilities$50,032$47,200$47,003$207,312$680,072
Debt$0$0$360,000$410,000$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$189,641$162,864$182,843$0$0
Total long-term liabilities$189,641$162,864$542,843$410,000$0
Total liabilities$239,673$210,064$589,846$617,312$680,072
 
Net assets20192018201720162015
Unrestricted$515,109$534,453$116,701$285,229$261,193
Temporarily restricted$1,543,772$1,415,998$1,171,781$1,079,794$1,097,056
Permanently restricted$0$0$0$0$0
Net assets$2,058,881$1,950,451$1,288,482$1,365,023$1,358,249
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$3,876,040$4,391,288$3,774,623$3,924,201$4,030,855
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$19,885$6,212$2,710$170$1,141
Other revenue$134,611$33,027$14,532$9,557$9,721
Total other revenue$154,496$39,239$17,242$9,727$10,862
Total revenue$4,030,536$4,430,527$3,791,865$3,933,928$4,041,717
 
Expenses20192018201720162015
Program services$3,050,207$2,895,403$2,905,305$3,043,797$3,126,485
Management and general$518,428$553,521$604,395$555,260$455,005
Fundraising$353,471$319,634$358,706$328,097$373,975
Total expenses$3,922,106$3,768,558$3,868,406$3,927,154$3,955,465
 
Change in net assets20192018201720162015
Surplus (deficit)$108,430$661,969($76,541)$6,774$86,252
Other changes in net assets$0$0$0$0$0
Total change in net assets$108,430$661,969($76,541)$6,774$86,252

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments

    BEE World's Core Curriculum includes the following:


  • Galatians and Romans
  • Evangelism and Discipleship
  • New Testament Survey
  • Old Testament Survey
  • How to Study the Bible
  • Christian Family
  • Communicating God's Word
  • Church Dynamics I & II
  • Hebrews
  • Christian Life
  • Apologetics
  • Christian Marriage
  • Survey of Doctrine I & II

Needs