BEE World 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 7/17/2020. To update the information in this column, please email: info@ministrywatch.com
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 | | 630 of 817 | 33 of 48 |
| Fund acquisition rating | | 666 of 817 | 37 of 48 |
| Resource allocation rating | | 633 of 817 | 36 of 48 |
| Asset utilization rating | | 338 of 817 | 20 of 48 |
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 | 97% | 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 | 3% | 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 | 6% | 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 | 1.34 | 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 | 1.28 | 1.88 | 2.02 | 2.81 | 2.91 | 3.22 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.19 | 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 | 19.99 | 24.46 | 22.68 | 14.21 | 3.29 | 0.93 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.04 | 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) | 5.13 | 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 | 69% | 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.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/17/2020. To update the information below, please email: info@ministrywatch.com
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