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. Al Bridges

Board size: 10

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

Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating261 of 43028 of 44
Fund acquisition rating295 of 43034 of 44
Resource allocation rating341 of 43035 of 44
Asset utilization rating108 of 43011 of 44

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20172016201520142013
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%10%8%9%9%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%9%8%9%9%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%100%100%100%99%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
5%0%0%0%1%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20172016201520142013
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%75%78%79%82%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%102%100%98%103%105%
Program output ratio Program output ratio =
Program services /
Total revenue
81%77%77%77%85%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-2%0%2%-3%-5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-6%0%6%-11%-15%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%16%14%12%9%9%
 
Investing ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.322.061.981.942.172.09
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.532.812.913.222.602.55
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.535.795.776.245.635.33
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20172016201520142013
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.1014.213.290.931.101.22
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.070.301.070.910.82
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.061.931.45-0.140.200.40
 
Solvency ratiosMedian % for
all ministries in
MW database
20172016201520142013
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%31%31%33%35%32%
Debt ratio Debt ratio =
Debt /
Total assets
0%19%21%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
64%33%35%34%30%32%

Financials

Balance sheet
 
Assets20172016201520142013
Cash$545,820$548,521$477,703$556,225$620,424
Receivables, inventories, prepaids$52,995$43,033$44,464$64,242$49,688
Short-term investments$0$0$0$0$0
Other current assets$69,122$89,556$111,309$133,007$143,737
Total current assets$667,937$681,110$633,476$753,474$813,849
Long-term investments$182,843$168,225$165,116$168,739$169,698
Fixed assets$1,027,548$1,133,000$1,239,729$1,033,505$1,091,493
Other long-term assets$0$0$0$0$0
Total long-term assets$1,210,391$1,301,225$1,404,845$1,202,244$1,261,191
Total assets$1,878,328$1,982,335$2,038,321$1,955,718$2,075,040
 
Liabilities20172016201520142013
Payables and accrued expenses$47,003$39,087$104,956$104,982$64,393
Other current liabilities$0$168,225$575,116$578,739$604,698
Total current liabilities$47,003$207,312$680,072$683,721$669,091
Debt$360,000$410,000$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$182,843$0$0$0$0
Total long-term liabilities$542,843$410,000$0$0$0
Total liabilities$589,846$617,312$680,072$683,721$669,091
 
Net assets20172016201520142013
Unrestricted$116,701$285,229$261,193$430,772$296,415
Temporarily restricted$1,171,781$1,079,794$1,097,056$841,225$1,109,534
Permanently restricted$0$0$0$0$0
Net assets$1,288,482$1,365,023$1,358,249$1,271,997$1,405,949
 
Revenues and expenses
 
Revenue20172016201520142013
Total contributions$3,774,623$3,924,201$4,030,855$4,076,041$4,126,226
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$2,710$170$1,141$971$2,795
Other revenue$14,532$9,557$9,721$27,430$3,321
Total other revenue$17,242$9,727$10,862$28,401$6,116
Total revenue$3,791,865$3,933,928$4,041,717$4,104,442$4,132,342
 
Expenses20172016201520142013
Program services$2,905,305$3,043,797$3,126,485$3,485,223$3,571,406
Management and general$604,395$555,260$455,005$395,312$376,467
Fundraising$358,706$328,097$373,975$357,859$389,739
Total expenses$3,868,406$3,927,154$3,955,465$4,238,394$4,337,612
 
Change in net assets20172016201520142013
Surplus (deficit)($76,541)$6,774$86,252($133,952)($205,270)
Other changes in net assets$0$0$0$0$0
Total change in net assets($76,541)$6,774$86,252($133,952)($205,270)

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