Moody Bible Institute

Summary

Moody exists to reach across the globe, cultures and generations to equip people with the truth of God's Word to impact the world for Christ.


Contact information

Mailing address:
Moody Bible Institute
820 N. LaSalle Blvd.
Chicago, IL 60610

Website: moody.edu

Phone: (312) 329-4000

Email: info@moody.edu


Organization details

EIN: 362167792

CEO/President: Dr. Mark Jobe

Chairman: Mr. T. Randall Fairfax

Board size: 12

Founder: D.L. Moody

Year founded: 1933

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

Everything we do at Moody falls under the authority of the Bible, which declares timeless truth that is relevant today and throughout every generation. We believe that understanding and sharing God's Word is a lifelong journey. And we're committed to providing encouragement for you in your walk with Christ.


Mission statement

Across the globe, cultures and generations Moody will equip people with the truth of God's Word using new technology in an agile and innovative community.


Statement of faith

God is triune, one Being eternally existing in three co-equal Persons: Father, Son, and Holy Spirit; these divine Persons, together possessing the same eternal perfections, work inseparably and harmoniously in creating, sustaining, and redeeming the world. The Bible, including both the Old and the New Testaments, is a divine revelation, the original autographs of which were verbally inspired by the Holy Spirit. Jesus Christ is the image of the invisible God, which is to say, He is Himself very God; He took upon Himself our nature, being conceived by the Holy Spirit and born of the Virgin Mary; He died upon the cross as a substitutionary sacrifice for the sin of the world; He arose from the dead in the body in which He was crucified; He ascended into heaven in that body glorified, where He is now our interceding High Priest; He will come again personally and visibly to set up His kingdom and to judge the quick and the dead. Man was created in the image of God but fell into sin, and, in that sense, is lost; this is true of all men, and except a man be born again he cannot see the kingdom of God; salvation is by grace through faith in Christ who His own self bore our sins in His own body on the tree; the retribution of the wicked and unbelieving and the rewards of the righteous are everlasting, and as the reward is conscious, so is the retribution. The Church is an elect company of believers baptized by the Holy Spirit into one body; its mission is to witness concerning its Head, Jesus Christ, preaching the gospel among all nations; it will be caught up to meet the Lord in the air ere He appears to set up His kingdom.

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating450 of 58643 of 53
Fund acquisition rating487 of 58653 of 53
Resource allocation rating157 of 58623 of 53
Asset utilization rating520 of 58643 of 53

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%23%25%23%20%21%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%9%10%9%8%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%38%38%40%43%42%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%9%9%9%9%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%62%62%60%57%58%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%86%86%87%86%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%101%104%104%92%95%
Program output ratio Program output ratio =
Program services /
Total revenue
80%88%90%90%79%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%-1%-4%-4%8%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%-1%-3%-3%7%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%5%4%4%5%4%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.070.340.330.320.310.28
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.693.402.822.812.863.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.181.140.930.910.880.84
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.798.6712.1911.6212.0511.89
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.120.080.090.080.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.719.2711.9012.1012.5513.07
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%56%58%62%59%63%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%132%127%119%132%133%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$5,950,927$7,041,610$9,473,429$12,980,916$8,236,074
Receivables, inventories, prepaids$19,453,213$18,638,625$17,299,284$20,070,532$19,203,239
Short-term investments$77,499,957$99,837,903$101,382,222$98,546,611$101,981,002
Other current assets$0$0$0$0$0
Total current assets$102,904,097$125,518,138$128,154,935$131,598,059$129,420,315
Long-term investments$9,707,493$7,940,831$8,670,034$9,246,010$8,621,291
Fixed assets$69,811,826$54,414,726$51,995,052$54,158,261$55,114,948
Other long-term assets$167,926,274$165,487,756$171,589,560$180,717,068$196,217,427
Total long-term assets$247,445,593$227,843,313$232,254,646$244,121,339$259,953,666
Total assets$350,349,690$353,361,451$360,409,581$375,719,398$389,373,981
 
Liabilities20182017201620152014
Payables and accrued expenses$11,866,986$10,296,508$11,028,533$10,925,270$10,888,161
Other current liabilities$0$0$0$0$0
Total current liabilities$11,866,986$10,296,508$11,028,533$10,925,270$10,888,161
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$183,500,023$195,430,428$210,675,466$211,931,059$233,625,546
Total long-term liabilities$183,500,023$195,430,428$210,675,466$211,931,059$233,625,546
Total liabilities$195,367,009$205,726,936$221,703,999$222,856,329$244,513,707
 
Net assets20182017201620152014
Unrestricted$64,711,056$50,792,269$41,825,569$48,197,682$38,941,400
Temporarily restricted$50,024,765$57,519,844$58,500,395$66,425,626$68,372,362
Permanently restricted$40,246,860$39,322,402$38,379,618$38,239,761$37,546,512
Net assets$154,982,681$147,634,515$138,705,582$152,863,069$144,860,274
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$43,722,616$42,253,837$45,200,719$54,438,301$48,388,607
Program service revenue$63,914,169$62,548,964$63,753,872$62,787,539$58,749,655
Membership dues$0$0$0$0$0
Investment income$7,600,377$5,737,935$2,127,614$7,894,240$7,112,479
Other revenue$897,343$731,275$884,365$801,348$770,381
Total other revenue$72,411,889$69,018,174$66,765,851$71,483,127$66,632,515
Total revenue$116,134,505$111,272,011$111,966,570$125,921,428$115,021,122
 
Expenses20182017201620152014
Program services$101,692,233$100,485,438$101,010,180$99,255,789$94,188,276
Management and general$5,973,343$4,957,667$4,903,723$5,497,686$4,503,719
Fundraising$10,144,147$10,771,143$10,196,670$10,629,567$10,132,575
Total expenses$117,809,723$116,214,248$116,110,573$115,383,042$108,824,570
 
Change in net assets20182017201620152014
Surplus (deficit)($1,675,218)($4,942,237)($4,144,003)$10,538,386$6,196,552
Other changes in net assets$0$0$0$0$0
Total change in net assets($1,675,218)($4,942,237)($4,144,003)$10,538,386$6,196,552

Response from ministry

No response has been provided by this ministry.


History

D.L. Moody arrived in Chicago in 1856 with dreams of making a fortune in the shoe business. Deeply burdened by the city's poor, uneducated children, Moody's mission quickly shifted to teaching them the Bible. These initial Sunday school meetings in a converted saloon birthed Moody Bible Institute and the ministries that followed. D.L. Moody's passion for honoring God's call on his life and his heart for serving others is the foundation for each of Moody's ministries. From its beginnings and through today, Moody Bible Institute has followed the example of its founder to be a practical, compassionate pioneer in training a multicultural, multi-generational worldwide network of influencers to impact the world for Christ. There have been many key moments in the history of Moody Bible Institute, like the founding of the Moody Evangelical Society (the pre-curson to Moody Bible Institute) and Moody Aviation. Many influential people have been behind Moody's far-reaching ministry, like Emma Dryer, the teacher who inspired D.L. Moody to begin his training school, and George Beverly Shea, the award-winning soloist on the Billy Graham Crusades. Moody has also had many groundbreaking milestones in Christian media, like the launch of WMBI, the oldest non-commercial Christian radio station in the U.S., and the Moody Institute of Science, whose films taught a generation about God's creation.


Program accomplishments


Needs