Bible Project

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 7/22/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

BibleProject is a nonprofit ed-tech organization and animation studio that produces 100% free Bible videos, podcasts, blogs, classes, and educational Bible resources to help make the biblical story accessible to everyone, everywhere. From page one to the final word, we believe the Bible is a unified story that leads to Jesus. This diverse collection of ancient books overflows with wisdom for our modern world. As we let the biblical story speak for itself, we believe the message of Jesus will transform individuals and entire communities. Many people have misunderstood the Bible as a collection of inspirational quotes or a divine instruction manual dropped from heaven. Most of us gravitate toward sections we enjoy while avoiding parts that are confusing or even disturbing.


Contact information

Mailing address:

Website:

Phone:

Email:


Organization details

EIN: 464277592

CEO/President: Steve Atkinson

Chairman: Jon Collins

Board size: 2

Founder: Tim Mackie and Jon Collins

Year founded: 2014

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Our Bible resources help people experience the Bible in a way that is approachable, engaging, and transformative. We do this by showcasing the literary art of the Scriptures and tracing the themes found in them from beginning to end. Rather than taking the stance of a specific tradition or denomination, we create materials to elevate the Bible for all people and draw our eyes to its unified message.


Mission statement

Our videos and all of our other resources are available for free to help people everywhere experience the unified story of the Bible.


Statement of faith

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating408 of 93822 of 50
Fund acquisition rating42 of 9404 of 50
Resource allocation rating582 of 94031 of 50
Asset utilization rating703 of 93837 of 50

Financial ratios

Funding ratiosSector median2018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%0%6%2%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%0%5%2%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%100%90%98%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%1%8%2%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%0%10%2%0%
 
Operating ratiosSector median2018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%78%75%85%97%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%52%68%74%59%
Program output ratio Program output ratio =
Program services /
Total revenue
80%40%51%62%57%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%48%32%26%41%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
1%57%59%51%84%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%22%17%13%3%
 
Investing ratiosSector median2018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.920.591.181.411.20
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.421.531.131.011.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.760.911.341.431.21
 
Liquidity ratiosSector median2018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.5521.2421.440.006406.40
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.050.050.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.5712.608.558.409.94
 
Solvency ratiosSector median2018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
15%3%4%2%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
84%163%81%69%83%

Financials

Balance sheet
 
Assets2018201720162015
Cash$3,582,481$1,505,181$896,721$435,635
Receivables, inventories, prepaids$465,751$472,209$16$0
Short-term investments$0$0$0$0
Other current assets$0$0$0$0
Total current assets$4,048,232$1,977,390$896,737$435,635
Long-term investments$0$0$0$0
Fixed assets$576,816$256,841$10,722$2,349
Other long-term assets$1,565,919$0$0$0
Total long-term assets$2,142,735$256,841$10,722$2,349
Total assets$6,190,967$2,234,231$907,459$437,984
 
Liabilities2018201720162015
Payables and accrued expenses$190,599$92,236$0$68
Other current liabilities$0$0$0$0
Total current liabilities$190,599$92,236$0$68
Debt$0$0$0$0
Due to (from) affiliates$0$0$0$0
Other long-term liabilities$0$0$21,696$3,043
Total long-term liabilities$0$0$21,696$3,043
Total liabilities$190,599$92,236$21,696$3,111
 
Net assets2018201720162015
Without donor restrictions$6,000,368$2,141,995$885,763$434,873
With donor restrictions$0$0$0$0
Net assets$6,000,368$2,141,995$885,763$434,873
 
Revenues and expenses
 
Revenue2018201720162015
Total contributions$7,101,375$3,500,195$1,694,827$891,539
Program service revenue$0$0$0$0
Membership dues$0$0$0$0
Investment income$9,316$4,262$1,485$20
Other revenue($27,782)$397,020$35,091$0
Total other revenue($18,466)$401,282$36,576$20
Total revenue$7,082,909$3,901,477$1,731,403$891,559
 
Expenses2018201720162015
Program services$2,858,462$1,995,600$1,082,107$508,953
Management and general$791,299$438,267$170,223$13,422
Fundraising$24,651$211,379$28,183$3,587
Total expenses$3,674,412$2,645,246$1,280,513$525,962
 
Change in net assets2018201720162015
Surplus (deficit)$3,408,497$1,256,231$450,890$365,597
Other changes in net assets$0$0$0$0
Total change in net assets$3,408,497$1,256,231$450,890$365,597

Compensation

NameTitleCompensation
Tim MackieSecretary/Director$156,283
Jonathan CollinsPresident/Director$150,882
Joel PaulFinance Director$40,932
Gerry E BreshearsDirector$10,000
Steve AtkinsonDirector$10,000

Compensation data as of: 12/31/2018


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 7/22/2021. To update the information below, please email: info@ministrywatch.com


History

Timothy Mackie and Jonathan Collins (long-time friends and one-time roommates at Multnomah University) were tossing around ideas on how to help people read through Scripture while avoiding the common pitfalls and misunderstandings. How could complex themes of the Bible be presented in a way that was real and unapologetic but approachable? Combining Tim's deep biblical understanding and Jon's passion for visual storytelling, they created their first two videos in 2014 and put them online for free. Less than six years later, we have over 150 videos and 200 podcasts, which can all be viewed on our website, The Bible App, YouTube, Vimeo, and more. We have over 100 million views across all of our media channels in over 200 countries, and we have over two million subscribers worldwide. Viewership is evenly distributed between ages 18 to 45. We are inspiring the next generation to explore the Bible through the mediums in which they have been raised, visual storytelling and technology.


Program accomplishments


Needs

BibleProject is a crowdfunded nonprofit, and your support helps people everywhere experience the story of Jesus.