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

Transparency grade

A

To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Evangelism Support

CategoryRatingOverall rankSector rank
Overall efficiency rating245 of 50027 of 45
Fund acquisition rating250 of 50029 of 45
Resource allocation rating353 of 50035 of 45
Asset utilization rating155 of 50016 of 45

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database		20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%7%10%8%9%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%7%9%8%9%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%99%100%100%100%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%8%9%8%9%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%1%0%0%0%1%
 
Operating ratiosMedian % for
all ministries in
MW database		20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%77%75%78%79%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%85%102%100%98%103%
Program output ratio Program output ratio =
Program services /
Total revenue
80%65%77%77%77%85%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%15%-2%0%2%-3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%34%-6%0%6%-11%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%15%16%14%12%9%
 
Investing ratiosMedian measure
for all ministries
in MW database		20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.191.742.061.981.942.17
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.532.022.812.913.222.60
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.313.525.795.776.245.63
 
Liquidity ratiosMedian measure
for all ministries
in MW database		20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.1222.6814.213.290.931.10
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.040.070.301.070.91
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.413.261.931.45-0.140.20
 
Solvency ratiosMedian % for
all ministries in
MW database		20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%10%31%31%33%35%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%19%21%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
70%52%33%35%34%30%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$996,471$545,820$548,521$477,703$556,225
Receivables, inventories, prepaids$24,711$52,995$43,033$44,464$64,242
Short-term investments$0$0$0$0$0
Other current assets$49,236$69,122$89,556$111,309$133,007
Total current assets$1,070,418$667,937$681,110$633,476$753,474
Long-term investments$162,864$182,843$168,225$165,116$168,739
Fixed assets$927,233$1,027,548$1,133,000$1,239,729$1,033,505
Other long-term assets$0$0$0$0$0
Total long-term assets$1,090,097$1,210,391$1,301,225$1,404,845$1,202,244
Total assets$2,160,515$1,878,328$1,982,335$2,038,321$1,955,718
 
Liabilities20182017201620152014
Payables and accrued expenses$47,200$47,003$39,087$104,956$104,982
Other current liabilities$0$0$168,225$575,116$578,739
Total current liabilities$47,200$47,003$207,312$680,072$683,721
Debt$0$360,000$410,000$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$162,864$182,843$0$0$0
Total long-term liabilities$162,864$542,843$410,000$0$0
Total liabilities$210,064$589,846$617,312$680,072$683,721
 
Net assets20182017201620152014
Unrestricted$534,453$116,701$285,229$261,193$430,772
Temporarily restricted$1,415,998$1,171,781$1,079,794$1,097,056$841,225
Permanently restricted$0$0$0$0$0
Net assets$1,950,451$1,288,482$1,365,023$1,358,249$1,271,997
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$4,391,288$3,774,623$3,924,201$4,030,855$4,076,041
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$6,212$2,710$170$1,141$971
Other revenue$33,027$14,532$9,557$9,721$27,430
Total other revenue$39,239$17,242$9,727$10,862$28,401
Total revenue$4,430,527$3,791,865$3,933,928$4,041,717$4,104,442
 
Expenses20182017201620152014
Program services$2,895,403$2,905,305$3,043,797$3,126,485$3,485,223
Management and general$553,521$604,395$555,260$455,005$395,312
Fundraising$319,634$358,706$328,097$373,975$357,859
Total expenses$3,768,558$3,868,406$3,927,154$3,955,465$4,238,394
 
Change in net assets20182017201620152014
Surplus (deficit)$661,969($76,541)$6,774$86,252($133,952)
Other changes in net assets$0$0$0$0$0
Total change in net assets$661,969($76,541)$6,774$86,252($133,952)

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

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