Bible Tracts, Inc.

Summary

Bible Tracts, Inc. (BTI) is a 501c3 organization that prints and distributes free Bible tracts. To date, BTI has produced 503 million tracts and has sent them around the world. The organization has 42 titles and 20 languages in stock. All tracts are free and postpaid as the Lord provides. Please write the organization for a free sample pack.

Contact information

Mailing address:
PO Box 188
1925 S Main St 61702-0188
Bloomington, IL 61702-0188

Website: www.bibletractsinc.org

Phone: (309) 828-6888

Email: bibletractsinc@juno.com

Organization details

EIN: 366112743

CEO/President: Pastor Mark Smith

Chairman: Pastor Joey Watt

Board size: 7

Founder: Mr. Paul Levin

Year founded: 1938

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:

Purpose

Bible Tracts, Inc. (BTI) is an organization that prints and distributes free Bible tracts. To date, BTI has produced 503 million tracts and has sent them around the world. The organization has 42 titles and 20 languages in stock. All tracts are free and postpaid as the Lord provides. Please write the organization for a free sample pack.

Mission statement

Statement of faith

Financial efficiency ratings

Sector: Christian Growth

Category	Rating	Overall rank	Sector rank
Overall efficiency rating		68 of 429	5 of 46
Fund acquisition rating		1 of 429	1 of 46
Resource allocation rating		116 of 429	8 of 46
Asset utilization rating		213 of 429	19 of 46

Financial ratios

Funding ratios	Median % for all ministries in MW database	2017	2016	2015	2014	2013
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	6%	0%	0%	0%	0%	0%
Contributions reliance Contributions reliance = Total contributions / Total revenue	95%	100%	100%	100%	100%	100%
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses	6%	0%	0%	0%	0%	0%
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue	5%	0%	0%	0%	0%	0%

Operating ratios	Median % for all ministries in MW database	2017	2016	2015	2014	2013
Program expense ratio Program expense ratio = Program services / Total expenses	82%	86%	86%	85%	87%	85%
Spending ratio Spending ratio = Total expenses / Total revenue	98%	115%	97%	106%	74%	99%
Program output ratio Program output ratio = Program services / Total revenue	81%	99%	84%	90%	65%	85%
Savings ratio Savings ratio = Surplus (deficit) / Total revenue	2%	-15%	3%	-6%	26%	1%
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets	3%	-18%	3%	-6%	35%	1%
General and admin ratio General and admin ratio = Management and general expense / Total expenses	11%	14%	14%	15%	13%	15%

Investing ratios	Median measure for all ministries in MW database	2017	2016	2015	2014	2013
Total asset turnover Total asset turnover = Total expenses / Total assets	1.27	1.35	1.18	1.12	1.00	1.45
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets	1.53	1.89	1.71	1.82	1.75	2.47
Current asset turnover Current asset turnover = Total expenses / Total current assets	2.48	2.55	2.01	2.03	1.74	3.58

Liquidity ratios	Median measure for all ministries in MW database	2017	2016	2015	2014	2013
Current ratio Current ratio = Total current assets / Total current liabilities	9.02	0.00	0.00	0.00	0.00	4673.74
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets	0.11	0.00	0.00	0.00	0.00	0.00
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12)	4.11	4.71	5.96	5.90	6.88	3.35

Solvency ratios	Median % for all ministries in MW database	2017	2016	2015	2014	2013
Liabilities ratio Liabilities ratio = Total liabilities / Total assets	9%	0%	0%	0%	0%	0%
Debt ratio Debt ratio = Debt / Total assets	0%	0%	0%	0%	0%	0%
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses	64%	74%	85%	89%	100%	69%

Financials

Balance sheet

Assets	2017	2016	2015	2014	2013
Cash	$148,329	$192,503	$174,848	$192,502	$88,801
Receivables, inventories, prepaids	$0	$0	$0	$0	$0
Short-term investments	$0	$0	$0	$0	$0
Other current assets	$0	$0	$0	$0	$0
Total current assets	$148,329	$192,503	$174,848	$192,502	$88,801
Long-term investments	$0	$0	$0	$0	$0
Fixed assets	$131,467	$136,529	$142,762	$144,695	$130,787
Other long-term assets	$0	$0	$0	$0	$0
Total long-term assets	$131,467	$136,529	$142,762	$144,695	$130,787
Total assets	$279,796	$329,032	$317,610	$337,197	$219,588

Liabilities	2017	2016	2015	2014	2013
Payables and accrued expenses	$0	$0	$0	$0	$19
Other current liabilities	$0	$0	$0	$0	$0
Total current liabilities	$0	$0	$0	$0	$19
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	$0	$0	$0	$0	$19

Net assets	2017	2016	2015	2014	2013
Unrestricted	$279,796	$192,503	$317,610	$337,197	$219,569
Temporarily restricted	$0	$136,529	$0	$0	$0
Permanently restricted	$0	$0	$0	$0	$0
Net assets	$279,796	$329,032	$317,610	$337,197	$219,569

Revenues and expenses

Revenue	2017	2016	2015	2014	2013
Total contributions	$329,546	$399,043	$335,980	$453,192	$321,441
Program service revenue	($1,112)	($41)	$243	($32)	($1,164)
Membership dues	$0	$0	$0	$0	$0
Investment income	$0	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0	$0
Total other revenue	($1,112)	($41)	$243	($32)	($1,164)
Total revenue	$328,434	$399,002	$336,223	$453,160	$320,277

Expenses	2017	2016	2015	2014	2013
Program services	$324,211	$333,261	$301,213	$292,553	$271,250
Management and general	$53,459	$54,319	$54,597	$42,979	$46,587
Fundraising	$0	$0	$0	$0	$0
Total expenses	$377,670	$387,580	$355,810	$335,532	$317,837

Change in net assets	2017	2016	2015	2014	2013
Surplus (deficit)	($49,236)	$11,422	($19,587)	$117,628	$2,440
Other changes in net assets	$0	$0	$0	$0	$0
Total change in net assets	($49,236)	$11,422	($19,587)	$117,628	$2,440