MissioSERVE Alliance pka: Bible Basics International

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 6/30/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

A Missions Serving Alliance extending the worship of God by serving the senders and the sent, mobilizing workers with the Word, and advancing the Gospel to the unreached and unengaged.

We mobilize the church to send workers with the Word through short-term missions with a strategy and long-term missions for a legacy.

The mission of the Gospel is more than a lifestyle, more than mercy and justice, and more than sharing. We are committed to the Biblical Mandate of Gospel Proclamation. Sustaining the advance of the Gospel requires making disciples, planting local churches, and training leaders to proclaim the Word of God with accuracy and authority.

We are looking for churches and missionaries who want to go the least reached places in the world! These are the hard to get to places. These are the lonely places. These are the neediest places. These are the dangerous places. These are the dark places. These are the closed places. But there are no closed places to God!


Contact information

Mailing address:
MissioSERVE Alliance Finance Office
P. O. Box 1126
Wheaton, IL 60187-1383

Website: missioserve.org

Phone: (813) 920-2264

Email: info@missioserve.org


Organization details

EIN: 237328667

CEO/President: Steve Best

Chairman: John Mitten

Board size: 7

Founder: Rev. Eugene Priddy

Ruling year: 1976

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1986


Purpose

Missio is the Latin form of the English word "mission" and means "a sending or being sent." Our vision is to serve "the sending" or "those being sent." Sending is the work of the Holy Spirit through the local church (Acts 13:1-4). We serve with the local church in sending and partner with those sent by the local church.


Mission statement


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.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating573 of 99931 of 52
Fund acquisition rating399 of 100122 of 52
Resource allocation rating477 of 100126 of 52
Asset utilization rating747 of 99937 of 52

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%6%6%5%5%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%6%6%5%5%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%99%92%95%95%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%5%5%5%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%1%8%5%5%3%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%81%85%86%86%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%111%108%91%94%62%
Program output ratio Program output ratio =
Program services /
Total revenue
78%90%92%78%80%52%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%-11%-8%9%6%38%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-9%-6%7%5%44%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%14%9%9%9%10%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.900.860.800.680.710.68
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.422.532.482.472.981.83
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.762.181.991.692.111.25
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.7711.9817.9710.288.6010.57
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.080.060.100.120.09
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.615.045.706.425.018.70
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
15%3%2%4%4%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
86%112%122%141%135%139%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$384,317$409,262$438,745$336,331$531,833
Receivables, inventories, prepaids$725$12,664$17,623$15,057$19,086
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$385,042$421,926$456,368$351,388$550,919
Long-term investments$0$0$0$0$0
Fixed assets$587,947$625,970$669,432$690,536$447,773
Other long-term assets$400$400$2,318$5,756$9,195
Total long-term assets$588,347$626,370$671,750$696,292$456,968
Total assets$973,389$1,048,296$1,128,118$1,047,680$1,007,887
 
Liabilities20192018201720162015
Payables and accrued expenses$32,148$23,476$44,411$40,871$52,106
Other current liabilities$0$0$0$0$0
Total current liabilities$32,148$23,476$44,411$40,871$52,106
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$32,148$23,476$44,411$40,871$52,106
 
Net assets20192018201720162015
Without donor restrictions$694,826$622,536$664,438$686,492$460,233
With donor restrictions$246,415$402,284$419,269$320,317$495,548
Net assets$941,241$1,024,820$1,083,707$1,006,809$955,781
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$747,335$720,741$805,556$755,218$1,069,736
Program service revenue$12,670$25,683$21,716$13,856$18,254
Membership dues$0$0$0$0$0
Investment income($4,521)$130$255$6,476$241
Other revenue$1,011$34,094$19,491$18,536$18,935
Total other revenue$9,160$59,907$41,462$38,868$37,430
Total revenue$756,495$780,648$847,018$794,086$1,107,166
 
Expenses20192018201720162015
Program services$680,511$714,454$662,943$635,490$581,149
Management and general$116,952$79,262$66,796$68,010$66,612
Fundraising$42,611$45,819$40,381$39,558$40,155
Total expenses$840,074$839,535$770,120$743,058$687,916
 
Change in net assets20192018201720162015
Surplus (deficit)($83,579)($58,887)$76,898$51,028$419,250
Other changes in net assets$0$0$0$0$0
Total change in net assets($83,579)($58,887)$76,898$51,028$419,250

Compensation

NameTitleCompensation
Stephen BestExecutive Director$77,500

Compensation data as of: 12/31/2019


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 6/30/2021. To update the information below, please email: info@ministrywatch.com


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