Community Bible Study, Inc.

Summary

Community Bible Study, Inc. ("CBS") is a non-denominational ministry established in 1978 for the purpose of writing, editing, printing, recording, translating, teaching, and distributing Bible lesson materials, and training and coordinating volunteer Bible study leaders. CBS's provides non-denominational Bible studies for people of all ages and all levels of Bible knowledge. It concentrates on the essentials of the Christian faith, not individual church doctrine. CBS aspires to make every man, woman, and child feel cared for, loved, and comfortable regardless of their background, education, church involvement, race or status. Each Bible study leader is trained for his/her role. Regional and Area Directors, Teaching Directors, Associate Teaching Directors, Coordinators and Children's Directors must attend one of four regional training sessions. In addition, CBS holds leadership retreats, area retreats, and workshops on an ongoing basis for spiritual enrichment and role training. As of January 2000 there are 353 classes in 37 States (248 day, 93 evening, 12 Teen). Enrollment in these classes is approximately 47,350 adults, 17,800 children and 1,030 teens). This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
790 Stout Rd.,
Colorado Springs, CO 80921-0921

Website: www.communitybiblestudy.org

Phone: (719) 955-7777

Email: info@communitybiblestudy.org


Organization details

EIN: 510233462

CEO/President: Mrs. Camilla Seabolt

Chairman: Mr. J. Winston Chapman

Board size: 15

Founder: Floyd and Lee Campbell

Year founded: 1975

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1996


Purpose

Community Bible Study, Inc. ("CBS") is a non-denominational ministry established in 1975 for the purpose of writing, editing, printing, recording, translating, teaching, and distributing Bible lesson materials, and training and coordinating volunteer Bible study leaders. CBS's provides non-denominational Bible studies for people of all ages and all levels of Bible knowledge. CBS concentrates on the essentials of the Christian faith, not individual church doctrine. CBS aspires to make every man, woman, and child feel cared for, loved, and comfortable regardless of their background, education, church involvement, race or status.

CBS Bible study leaders are volunteers who feel called by God to their roles, and give of their time and talents out of love for Him. Each leader is trained for his/her role. Regional and Area Directors, Teaching Directors, Associate Teaching Directors, Coordinators and Children's Directors must attend one of four regional training sessions. Their Servant's Team trains other class leaders at the beginning of each class year. In addition, CBS holds leadership retreats, area retreats, and workshops on an ongoing basis for spiritual enrichment and role training. CBS holds a Teaching Directors Conference each year to thank teachers for their service and commitment to the Lord and to give teachers and Area Directors more training.

As of January 2000 there are 353 classes in 37 States (248 day, 93 evening, 12 Teen). Enrollment in these classes is approximately 47,350 adults, 17,800 children and 1,030 teens). This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

Community Bible Study expresses its mission as follows:

To make disciples of Jesus Christ in our communities through caring, in-depth Bible study, available to all.


Statement of faith

Community Bible uses the following to express its statement of faith:

We believe the Bible, both Old and New Testaments, is divine revelation and the inspired Word of God inerrant in the original manuscripts. Its teaching is the final authority for all Christian life in matters of faith and practice.

We believe in the unity of the Godhead, eternally existing in three Persons, Father, Son, and Holy Spirit, and yet identical in nature; all-powerful, all-knowing, everywhere present, and unchangeable; infinitely perfect in love, truth, righteousness, justice, goodness, grace, and mercy.

We believe Jesus Christ, the Son of God, is both fully God and fully man, two natures in one Person. He was conceived by the Holy Spirit and born of the Virgin Mary. He performed miracles to manifest His deity, lived a sinless life, suffered, and died as a completely satisfactory sacrifice for the sin of the whole world. He arose from the dead on the third day and His bodily resurrection guarantees the resurrection of all who beliceve in Him. He ascended to the right hand of God the Father where He reigns over the universe and intercedes for believers, and will return to earth to establish His kingdom.

We believe man was created in the image of God but fell into disobedience by a voluntary decision and, as a result, became separated from God, and therefore spiritually dead and subject to physical death. This fallen nature was transmitted to all humanity, except Jesus Christ, who lived a sinless life. The blood of Jesus Christ was shed for our redemption.

Only those who receive Jesus Christ by faith are forgiven, born of the Holy Spirit, and thus become children of God. Faith alone is the condition of salvation, but good works and righteous living shold accompany such faith and furnish evidence of its existence.

We believe that Holy Spirit indwells and seals every believer at the moment of saving faith. The ministry of the Holy Spirit is to glorify the Lord Jesus Christ and, during this age, to convince men of sin, regenerate the believing sinner, and indwell, guide, instruct, and empower the believer for godly linving and service, We believe all Christians should witness for Christ in His power and study the Bible with His help.

We believe the Church, composed aof all who genuinely believe in and accept Jesus Christ as Savior, is united together into one body, of which He is the Head. As members of the Church, it is our reponsiblity to keep the uniity of the Spirit in the bond of peace, supporting the local church and loving one another with pure hearts.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Leadership Training

CategoryRatingOverall rankSector rank
Overall efficiency rating98 of 4943 of 15
Fund acquisition rating66 of 4941 of 15
Resource allocation rating81 of 4943 of 15
Asset utilization rating309 of 49412 of 15

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%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%75%75%76%78%75%
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%25%25%24%22%25%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%90%90%90%86%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%92%99%91%97%93%
Program output ratio Program output ratio =
Program services /
Total revenue
81%83%89%82%83%80%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%8%1%9%3%7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%10%1%11%5%9%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%10%10%10%13%14%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.190.901.070.931.081.07
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.521.661.882.032.332.39
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.311.502.011.892.512.55
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.123.513.283.112.883.08
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.280.310.320.350.32
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.415.714.164.313.123.17
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%17%16%16%15%14%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
70%92%78%91%79%81%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$7,682,518$5,251,573$5,535,529$4,147,527$3,752,625
Receivables, inventories, prepaids$171,874$162,437$100,708$164,390$190,365
Short-term investments$0$800,066$0$0$0
Other current assets$0$0$0$0$0
Total current assets$7,854,392$6,214,076$5,636,237$4,311,917$3,942,990
Long-term investments$0$0$0$0$0
Fixed assets$4,919,950$5,191,934$5,550,953$5,483,122$5,245,758
Other long-term assets$278,014$261,863$246,650$232,321$218,825
Total long-term assets$5,197,964$5,453,797$5,797,603$5,715,443$5,464,583
Total assets$13,052,356$11,667,873$11,433,840$10,027,360$9,407,573
 
Liabilities20182017201620152014
Payables and accrued expenses$631,236$275,767$239,602$213,887$172,946
Other current liabilities$1,603,471$1,620,421$1,575,460$1,282,896$1,107,996
Total current liabilities$2,234,707$1,896,188$1,815,062$1,496,783$1,280,942
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$2,234,707$1,896,188$1,815,062$1,496,783$1,280,942
 
Net assets20182017201620152014
Unrestricted$7,610,993$6,765,387$6,929,170$6,081,046$6,008,693
Temporarily restricted$3,206,656$3,006,298$2,689,608$2,449,531$2,117,938
Permanently restricted$0$0$0$0$0
Net assets$10,817,649$9,771,685$9,618,778$8,530,577$8,126,631
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$9,602,126$9,391,138$8,882,157$8,693,459$8,127,480
Program service revenue$3,115,895$3,109,005$2,724,191$2,417,397$2,639,422
Membership dues$0$0$0$0$0
Investment income$10,614$831($2,966)$933$932
Other revenue$102,546$102,373$98,843$96,632$75,226
Total other revenue$3,229,055$3,212,209$2,820,068$2,514,962$2,715,580
Total revenue$12,831,181$12,603,347$11,702,225$11,208,421$10,843,060
 
Expenses20182017201620152014
Program services$10,603,293$11,222,793$9,555,128$9,351,948$8,686,387
Management and general$1,168,622$1,208,728$1,038,595$1,449,011$1,368,158
Fundraising$29,453$34,132$34,620$17,013$16,759
Total expenses$11,801,368$12,465,653$10,628,343$10,817,972$10,071,304
 
Change in net assets20182017201620152014
Surplus (deficit)$1,029,813$137,694$1,073,882$390,449$771,756
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,029,813$137,694$1,073,882$390,449$771,756

Response from ministry

No response has been provided by this ministry.


History

Community Bible Study began as an answer to a women's group's heartfelt prayer that the Lord would provide effective Bible Studies for people in the Washington, D.C. area. The first Community Bible Study class began in the fall of 1975 at Fourth Presbyterian Church in Bethesda, Maryland. Lee and Floyd Campbell taught the Gospel of John to the first class of over 500 women.

One year later, another day class began in Alexandria, Virginia, and the first evening class started in Tysons Corner, Virginia. In 1977 classes began in California, Colorado, and Tennessee. In 1978 classes opened in Alabama, Michigan, Minnesota and Illinois. In 1979 Texas and London, England had classes. Without any advertising, publicity, or human planning, classes spread throughout the United States. As of 2000, there are approximately 350 classes in 37 States in the United States, and several hundred international CBS classes. CBS International was incorporated in 1992.

The Washington, D.C. metropolitan area has 15 classes. The Gospel of John, which was the first course written for CBS, has been supplemented by some 24 other courses that can be combined in various ways to create many individualized 30-week courses.


Program accomplishments

  • CBS hosts 592 classes (352 day classes, 156 evening classes, 48 teen classes, and 26 InPrison classes).
  • They have classes in 42 states and their enrollment is 65,000 adults and teens (not counting InPrison), and 21,700 children.
  • CBS training was moved from Birmingham, AL to Dallas, TX for all three regions, and recently moved to the National Conference Center in Washington, DC area.
  • Many changes are in the process of being made - CBS is updating the look of printed materials, providing ongoing training of leaders at all levels, giving more assistance to teachers in the field, reorganizing the National Service Center, and updating technologically. CBS International (CBSI) has ministry in 11 new countries. Classes are held in a total of 61 countries. There are 1,243 classes around the world with over 25,000 people attending.
  • The National Service Center was sold in June 2004, and temporary offices are now located in Herndon, VA. A contract for a new building located near the National Conference Center is in process and plans for building are being started.

Needs