Institute in Basic Life Principles/ Bill Gothard

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 7/29/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

IBLP exists to serve and help individuals to resolve conflicts, couples to strengthen their marriage, families to learn to live in harmony, churches to fulfill the Great Commission, government leaders to find lasting solutions to social problems and the world to find a new approach to life.


Contact information

Mailing address:
Institute in Basic Life Principles
1 Academy Blvd
Big Sandy, TX 75755

Website: www.iblp.org

Phone: 903-636-2000

Email: info@iblp.org


Organization details

EIN: 366108515

CEO/President: Timothy Levendusky

Chairman: Gil Bates

Board size: 3

Founder: Rev. William Gothard, Jr.

Year founded: 1961

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Institute in Basic Principles ("IBLP") strives to introduce youth and parents around the world to God's basic way of life through the gospel of the Lord Jesus Christ and to give clear instructions on how to apply God's basic principles of life as revealed in the scriptures. IBLP establishes and organizes seminars and operates facilities for the training of personnel in the United States and throughout the world to accomplish its goals and for the enrichment of youth, their families, their churches, their schools, and their communities. Bill Gothard founded IBLP in 1961.


Mission statement

MISSION STATEMENT - Institute in Basic Life Principles, Inc.

The vision is to see men, women, and children around the world know by experience the love and grace of God in Christ Jesus, who are fully equipped by God's Word, and who are guided by the Holy Spirit to be instruments of His love as a person, partner, parent, provider, and proclaimer manifesting the nature of God.

We want to:

  • encourage parents to intentionally disciple their children through Bible-based instruction
  • help parents identify and utilize teachable moments (devotions, mealtimes, etc.) in life to find the answers to life's questions and problems. (See Deut. 6:5-7)
  • assist each generation in discovering God's answers for themselves by studying and meditating on God's Word
  • to encourage individuals and families to be actively involved in a local body of believers that teaches the Word of God and equips the saints for the work of the ministry
  • facilitate a network of individuals and families for encouragement and support
  • provide guidance, information, resources, and opportunities to assist in the discipling of individuals and families in God's ways and the development of desirable character qualities to help them reach their goals.
We believe that the Word of God is the basis for life and learning. This is the message we want to communicate with families to encourage and support them.

Statement of faith

IBLP uses the following to express its statement of faith:

We believe in the one true God, existing in three Persons: Father, Son, and Holy Spirit. These three are coeternal and coequal from all eternity, each with distinct personalities but of one essence.

We believe that the Bible is the verbally inspired Word of God and is the sole, infallible rule of faith and practice. We believe that Jesus Christ is the eternal Son of God, that He entered into the world through the virgin birth, and lived among us without sin as perfect Man and perfect God.

We believe Adam was directly created in innocence and in the image of God and was not evolved from preexisting forms of life. By voluntary transgression, he fell; and thus the whole race is now sinful by nature and practice and, therefore, under just condemnation to eternal separation from God.

We believe Jesus Christ shed His blood on Calvary as a vicarious substitute for all sinners, was buried and rose again bodily, and ascended to the right hand of the Father, from whence He will personally return.

We believe all people are justified by grace through faith in the shed blood of the Lord Jesus Christ without any mixture of works.

We believe the Holy Spirit convicts the sinner; regenerates, sanctifies, and indwells the believer; and fills the believer for effective service.

We believe in the priesthood of the believer and that God has made provision for each believer to be victorious by being led of the Spirit and not walking after the flesh.

We believe in the resurrection of both the saved and the lost--the just unto the resurrection of life eternal, and the lost unto the resurrection of eternal damnation.

We believe Satan is a person and that hell is a place of eternal conscious punishment for him, his hosts and all unbelievers.

We believe Christians are commanded by Scripture to abstain from all forms of compromise with unbelief.

We believe the Bible sets forth principles for Godly living and that if one learns and follows these principles, one will be able to avoid and refute false teachings and false concepts.

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating855 of 94062 of 69
Fund acquisition rating341 of 94224 of 69
Resource allocation rating937 of 94268 of 69
Asset utilization rating904 of 94063 of 69

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
86%15%12%13%30%9%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
14%85%88%87%70%91%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%56%51%56%81%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%159%85%132%493%114%
Program output ratio Program output ratio =
Program services /
Total revenue
75%89%43%73%401%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%-59%15%-32%-393%-14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%-5%2%-3%-16%-2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%44%49%44%19%26%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.050.130.120.120.200.16
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.313.963.585.316.004.96
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.610.500.420.661.210.81
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.2914.1911.974.559.5612.77
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.070.080.220.100.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.9222.4825.9814.128.8513.59
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%2%2%4%2%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
79%783%825%768%486%599%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$3,973,417$5,109,294$4,417,706$7,622,771$6,407,227
Receivables, inventories, prepaids$1,401,900$1,231,349$1,080,076$1,446,032$1,943,508
Short-term investments$9,095,343$10,521,456$4,908,873$0$11,379
Other current assets$0$0$906,778$992,250$5,799,944
Total current assets$14,470,660$16,862,099$11,313,433$10,061,053$14,162,058
Long-term investments$0$0$0$0$0
Fixed assets$42,765,304$43,435,258$42,548,935$43,182,940$56,013,727
Other long-term assets$0$0$6,230,233$7,137,011$0
Total long-term assets$42,765,304$43,435,258$48,779,168$50,319,951$56,013,727
Total assets$57,235,964$60,297,357$60,092,601$60,381,004$70,175,785
 
Liabilities20192018201720162015
Payables and accrued expenses$790,938$782,308$726,658$819,462$860,865
Other current liabilities$228,944$626,827$1,762,193$233,358$248,471
Total current liabilities$1,019,882$1,409,135$2,488,851$1,052,820$1,109,336
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$1,019,882$1,409,135$2,488,851$1,052,820$1,109,336
 
Net assets20192018201720162015
Without donor restrictions$55,856,175$58,525,165$57,253,249$59,006,274$68,689,003
With donor restrictions$359,907$363,057$350,501$321,910$377,446
Net assets$56,216,082$58,888,222$57,603,750$59,328,184$69,066,449
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$680,106$986,797$761,551$746,185$885,154
Program service revenue$2,161,930$1,955,235$2,115,415$4,440,434$1,429,528
Membership dues$0$0$0$0$0
Investment income$340,244($395,764)$49,973($2,995,074)$2,315
Other revenue$1,324,153$5,875,709$2,758,864$288,265$7,825,723
Total other revenue$3,826,327$7,435,180$4,924,252$1,733,625$9,257,566
Total revenue$4,506,433$8,421,977$5,685,803$2,479,810$10,142,720
 
Expenses20192018201720162015
Program services$4,011,624$3,656,308$4,175,783$9,950,011$8,545,832
Management and general$3,166,949$3,481,197$3,324,206$2,268,064$2,979,438
Fundraising$0$0$0$0$0
Total expenses$7,178,573$7,137,505$7,499,989$12,218,075$11,525,270
 
Change in net assets20192018201720162015
Surplus (deficit)($2,672,140)$1,284,472($1,814,186)($9,738,265)($1,382,550)
Other changes in net assets$0$0$0$0$0
Total change in net assets($2,672,140)$1,284,472($1,814,186)($9,738,265)($1,382,550)

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 7/29/2021. To update the information below, please email: info@ministrywatch.com


History

At the age of fifteen, Bill Gothard saw some of his high school classmates making unwise decisions. He realized that they would have to live with the consequences and dedicated his life to helping young people make wise choices.

Shortly after this, an older friend challenged Bill to begin memorizing large sections of Scripture. Up until his high school years, he was a very poor student. He actually flunked first grade and passed the next eight grades on probation. As he memorized and meditated on Scripture, his grades significantly improved, so much so that he graduated from high school a member of the National Honor Society. This direct correlation between his grades and his consistency in memorization and meditation on Scripture continued through college and graduate school.

Greater achievement in school was only one of many benefits that Bill experienced as a result of applying Scripture. In his further work with young people, he explained these benefits and urged them to adopt the same personal disciplines.

In 1964, Wheaton College, the school from which Bill graduated, invited him to design and teach a course based on his youth work. They named it Basic Youth Conflicts and gave two hours of upper-division under-graduate and graduate credit for the course. Forty-six students, youth pastors, and teachers registered for that first class. The next year there were 120 students.

In the following years, the course was offered in several new locations. Alumni were informed of the dates and told their friends about it. Soon seminars averaged between 10,000 and 20,000 youth and adults. Today hundreds of smaller Seminars are being conducted in cities throughout the United States and in other nations.


Program accomplishments


Needs