Bible Basics International

Summary

Bible Basics International, Inc. is a non-profit world missionary organization with headquarters in the beautiful Tampa Bay area of Florida.

The Mission Profile of the organization is as follows:

Bible Teaching Materials - Providing simplified, systematic Bible teaching for new and untaught believers as a foundation for their Christian faith through missionary radio and follow-up literature;

Radio HRGS - a regional missionary station on the islands of Roatan and Utila, Honduras;

Publications - Publishing and distributing biblical materials in book, study guide, tract, and Cd's;

India - Broadcasting, printing, and church planting in partnership with Missions India

Much of Bible Basics' missionary work is done in its headquarters' office and studios in Florida and then used overseas and in the United States. Thus, the US staff is engaged in direct ministry as well as a ministry supporting our overseas missionaries.


Contact information

Mailing address:
P. O. Box 726
Odessa, FL 33556-0726

Website: www.biblebasics.org

Phone: (813) 920-2264

Email: info@biblebasics.org


Organization details

EIN: 237328667

CEO/President: Rev. Eugene Priddy

Chairman: Rev. Eugene Priddy

Board size: 7

Founder: Rev. Eugene Priddy

Year founded: 1973

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1986


Purpose

Bible Basics International, Inc. is a non-profit world missionary organization with headquarters in the beautiful Tampa Bay area of Florida.

A summary of the outreach through missionary radio is as follows:

BBI's Bible Teaching Radio Program Scripts have been written in easy to understand English, translated, and broadcast in over a score of languages. The target audience is new and untaught believers who desire a good foundation for their Christian faith. Often radio is the only place to get teaching since other means of Christian instruction are not available to them.

Radio HRGS
BBI's Regional Missionary Radio Station, Radio HRGS, serves the Bay Islands and the nearby coastal areas of Honduras, Guatemala, and Belize. Much spiritual fruit has come from this ministry in salvation and Christian growth. BBI missionaries in Roatan have weekly Bible classes as well as a "Kids' Corner" in cooperation with local Baptist churches.

BBI Broadcasts
Bible Basics Broadcasts -- Spanish "Base Bblica" and English "Bible Basics" broadcasts are produced in our Florida studios and aired on stations both overseas and in the States. "Base Bblica" is currently heard on 90 stations in the Americas.

Ministerio Hispano
This page is under construction. Very soon we will have details of the Spanish ministry of Bible Basics. Esta pgina est en construccin. Muy pronto daremos ms detalles de los ministerios de Base Bblica Internacional en espaol.

BBI-Mission India
BBI India -- The Director of BBI-India heads up a mission with over 300 Indian missionaries working in over 100 different locations throughout India to evangelize, disciple, and plant churches. Bible Basics is currently being aired in Hindi, Telugu, and Malayalam. Many listeners have written telling of trusting Christ as Savior. BBI's basic doctrine book has been given to several hundred pastors and Bible college graduates there. Recently it was also translated into the Punjabi language of northwest India.

BBI Publications
The basic doctrinal series by Eugene Priddy has been published in Spanish and English. Editorial Unilit of Miami is distributing the Spanish version to book stores in Latin America and the United States. A sister mission is publishing the book in Farsi, and parts are in Assamese. Translation into Malayalam is in progress. Other books include Christ and the Occult and Ephesians, Verse by Verse. Already in script form to be edited for publication is "Life and Teachings of Jesus Christ" and "New Testament Introduction."


Mission statement

Bible Basics International, Inc. uses the following to express its mission:

Our mission is that of evangelism and discipleship by means of radio, literature publication, church planting, and other means described within this site.


Statement of faith

    Bible Basics International uses the following to express its Statement of Faith:

  • THE BIBLE is verbally inspired by God, and inerrant in the original autographs. It is the only rule of faith and practice.

    Authority of the Scriptures - We believe in the verbal-plenary inspiration of the Bible by God. In other words, inspiration extends down to the choice of its words. Its authority is absolute in all matters whereof it speaks. We believe that God's Word is complete and sufficient so that the man of God may be adequately prepared for all good works (2 Tim. 3:17). The Bible needs no further special revelation to complete it.

  • GOD is eternal and triune: Father, Son and Holy Spirit.

  • JESUS CHRIST is the unique Son of the Father, virgin born, sinless, died an atoning death, physically resurrected, ascended, exalted, presently High Priest, coming again literally and personally to establish the millennial kingdom.

    Jesus Christ is God incarnate - God come in the flesh. He ascended to the right hand of the Father from whence He shall come again to judge the living and the dead. He is truly God and truly man.

  • THE HOLY SPIRIT indwells every believer, and instructs, corrects, and guides them in the Christian life. He fills and empowers those yielded to Jesus Christ as Lord of their life.

    The work of the Holy Spirit toward the unsaved - is to convict of sin, of righteousness and of judgment to come. He bears witness to Jesus Christ as the only sufficient atonement for sin: His person, His death, His burial, and His resurrection.

    The work of the Holy Spirit toward believers - is to baptize them into Christ at the moment of salvation, and to indwell, instruct, correct, and guide them in the Christian life.

    Baptism in the Holy Spirit - takes place at salvation and is not a second experience of grace.

    Speaking in tongues - is not the evidence of being "baptized in the Holy Spirit."

    Faith healing - We do not believe in faith healing in the sense that it is taught by the so-called faith healers. Properly understood, 1 Corinthians 12:9 does not leave room for "the gift of healing" because the Greek puts both "gifts" and "healing" in the plural: "gifts of healings." In other words, God does have the power and prerogative to heal whenever and whomever He chooses and often does so in response to prayer. However, He also chooses not to heal in specific cases for reasons that may be known only to Himself.

  • MAN is sinful and eternally lost apart from personal faith in the shed blood of Jesus Christ for salvation.

    Eternal Security - We believe that one who has genuine faith in Jesus Christ as Savior is eternally secure in Him and cannot lose his salvation. At the same time, a believer cannot continue in sin without the chastisement of God (Hebrews 12:8).

    Sanctification is (1) a standing: God sanctifies His people by setting them apart as His own possession "without spot or wrinkle" to stand before Him in holiness, and (2) a state: a progressive maturing in holiness of those who trust in Christ as they are being conformed to the image of Christ.

  • THE CHURCH is the body of Christ that manifests itself locally through believers united for mutual edification and propagation of the Gospel while awaiting God's Son from heaven.

    Church membership - Every born-again person should be a baptized member of a local church where he can grow in the grace and knowledge of the Lord Jesus Christ, fellowship with those of like faith, and serve the cause of Christ on a consistent basis.

  • THE RESURRECTION of the body will be physical: the saved unto everlasting fellowship with God and the unsaved unto everlasting punishment and separation from God.

    Resurrection of the Just - Jesus is coming again literally, physically, and personally to receive His own unto Himself at which time there will be a resurrection of the just and a change of those who are living into glorified bodies.

    Resurrection of the Unjust - Following the millennial kingdom there will be a resurrection and judgment of the unjust and subsequent eternal punishment in the lake of fire.

    Note: Bullet paragraphs are incorporated in BBI's by-laws and must be signed annually by Board and staff.

Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating208 of 43027 of 50
Fund acquisition rating153 of 43021 of 50
Resource allocation rating146 of 43019 of 50
Asset utilization rating356 of 43045 of 50

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20162015201420132012
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%5%4%7%4%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%4%6%4%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%97%98%97%98%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%6%7%4%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%3%2%3%2%2%
 
Operating ratiosMedian % for
all ministries in
MW database
20162015201420132012
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%86%84%82%82%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%94%62%92%105%109%
Program output ratio Program output ratio =
Program services /
Total revenue
81%80%52%76%87%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%6%38%8%-5%-9%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%5%44%13%-11%-16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%9%10%11%14%14%
 
Investing ratiosMedian measure
for all ministries
in MW database
20162015201420132012
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.710.681.521.881.80
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.532.931.801.912.102.12
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.532.081.232.913.953.81
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20162015201420132012
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.098.7410.756.625.529.96
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.110.090.150.180.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.075.118.863.502.492.83
 
Solvency ratiosMedian % for
all ministries in
MW database
20162015201420132012
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%4%5%8%9%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%135%139%60%49%53%

Financials

Balance sheet
 
Assets20162015201420132012
Cash$336,731$532,233$255,644$217,484$238,197
Receivables, inventories, prepaids$20,413$27,881$49,266$24,786$16,597
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$357,144$560,114$304,910$242,270$254,794
Long-term investments$0$0$0$0$0
Fixed assets$690,540$447,777$277,672$266,119$284,241
Other long-term assets$0$0$0$0$0
Total long-term assets$690,540$447,777$277,672$266,119$284,241
Total assets$1,047,684$1,007,891$582,582$508,389$539,035
 
Liabilities20162015201420132012
Payables and accrued expenses$35,519$43,315$33,817$28,233$25,588
Other current liabilities$5,356$8,795$12,234$15,673$0
Total current liabilities$40,875$52,110$46,051$43,906$25,588
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$40,875$52,110$46,051$43,906$25,588
 
Net assets20162015201420132012
Unrestricted$320,317$460,233$269,117$206,698$319,468
Temporarily restricted$686,492$495,548$267,414$257,785$193,979
Permanently restricted$0$0$0$0$0
Net assets$1,006,809$955,781$536,531$464,483$513,447
 
Revenues and expenses
 
Revenue20162015201420132012
Total contributions$773,754$1,088,671$927,124$891,238$877,609
Program service revenue$11,961$18,254$14,027$14,871$13,410
Membership dues$0$0$0$0$0
Investment income$160$241$350$441$553
Other revenue$8,211$0$17,450$1,515$0
Total other revenue$20,332$18,495$31,827$16,827$13,963
Total revenue$794,086$1,107,166$958,951$908,065$891,572
 
Expenses20162015201420132012
Program services$635,490$581,149$726,860$786,837$774,381
Management and general$68,010$66,612$98,292$132,165$132,672
Fundraising$39,558$40,155$61,751$38,027$64,358
Total expenses$743,058$687,916$886,903$957,029$971,411
 
Change in net assets20162015201420132012
Surplus (deficit)$51,028$419,250$72,048($48,964)($79,839)
Other changes in net assets$0$0$0$0$0
Total change in net assets$51,028$419,250$72,048($48,964)($79,839)

Response from ministry

No response has been provided by this ministry.


History

Bible Basics was founded in 1973 by Eugene and Monna Dean Priddy, who along with their five children, were overseas missionaries with the world's largest radio mission. Eugene held different positions during their 16 years of service, including European Field Director, and Assistant to the President.

The first few years of the ministry were devoted to seminars, Bible conferences, and other types of Bible teaching ministry. God used these years to lay the groundwork for a support base that would serve as a firm foundation for the missionary work now in place. The years of experience in missionary administration, finance, and overseas service in a worldwide radio outreach was used of the Lord in the development of BBI. Beginning from almost nothing, working out of a basement office, BBI has grown steadily. Now, 25 years later, the mission has a wonderful outreach for the Gospel.


Program accomplishments


Needs