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
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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
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | ![]() ![]() ![]() | 556 of 725 | 27 of 44 |
Fund acquisition rating | ![]() ![]() | 583 of 726 | 34 of 44 |
Resource allocation rating | ![]() ![]() | 560 of 726 | 33 of 44 |
Asset utilization rating | ![]() ![]() ![]() ![]() | 293 of 725 | 14 of 44 |
Financial ratios
Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 5% | 9% | 7% | 10% | 8% | 9% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 9% | 7% | 9% | 8% | 9% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 96% | 96% | 99% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 9% | 8% | 9% | 8% | 9% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 4% | 4% | 1% | 0% | 0% | 0% |
Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 78% | 77% | 75% | 78% | 79% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 97% | 85% | 102% | 100% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 76% | 65% | 77% | 77% | 77% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | 3% | 15% | -2% | 0% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 5% | 34% | -6% | 0% | 6% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 13% | 15% | 16% | 14% | 12% |
Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.30 | 1.71 | 1.74 | 2.06 | 1.98 | 1.94 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.29 | 1.88 | 2.02 | 2.81 | 2.91 | 3.22 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.16 | 3.20 | 3.52 | 5.79 | 5.77 | 6.24 |
Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.96 | 24.46 | 22.68 | 14.21 | 3.29 | 0.93 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.04 | 0.04 | 0.07 | 0.30 | 1.07 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.15 | 3.59 | 3.26 | 1.93 | 1.45 | -0.14 |
Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 5% | 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 | 73% | 52% | 52% | 33% | 35% | 34% |
Financials
Balance sheet | |||||
Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
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 |
Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
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 assets | 2019 | 2018 | 2017 | 2016 | 2015 |
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 | |||||
Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
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 |
Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
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 assets | 2019 | 2018 | 2017 | 2016 | 2015 |
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 |
Compensation
Compensation data for this ministry has not been collected.
Response from ministry
No response has been provided by this ministry.
History
Program accomplishments
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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