Biblica / International Bible Society

Summary

Biblica is passionate about reaching people with God's transforming word. For more than 210 years, Biblica has been providing access to Scripture for those without it, but we've come a long way from our early efforts distributing Bibles on Ellis Island. Today, we operate in over 55 countries, bringing Bible translation, access, and engagement to unreached and least-reached peoples desperate for God's truth.

Through digital, print, and audio, we're able to provide the Bible in accurate, contemporary translations and formats so that more people around the world will have the opportunity to be transformed by Jesus Christ.

Founded in New York City in 1809, Biblica currently stewards 74 languages that serve a growing portfolio of 85 Bible translations reaching 80% of the world with God's Word. In 1978, Biblica published the New International Version translation of the Bible; the NIV is now the most widely read contemporary English translation in the world.

Headquartered in Colorado Springs, Colorado, Biblica currently maintains Area Offices in the United States, Africa, the Americas, Asia Pacific, Eurasia, and the Middle East / North Africa (MENA). From these offices, the global work of Biblica is administered and directed in more than 55 countries.

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:
1820 Jet Stream Dr.
Colorado Springs, CO 80921-3696

Website: www.biblica.com

Phone: (719) 488-9200

Email: customercare@Biblica.com


Organization details

EIN: 841194554

CEO/President: Geof Morin

Chairman: Jim Bridges

Board size: 15

Founder: Theodorus Van Wyck, et al

Year founded: 1809

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

We know that God's Word brings truth. That His Word brings healing, sets captives free, restores, redeems, reconciles neighbors, and enemies. The Word of God transforms lives, churches, communities, countries. God's heart is for all of mankind to know Him through His Word and to bring His kingdom to earth. We have the chance to be part of bringing God's Word to the nations so all will know. Biblica is a global Bible ministry inspired by radical generosity.

For more than 200 years, Biblica has helped people beyond the reach of God's Word discover the love of Jesus Christ. As we push into our third century, we continue to produce relevant and reliable Scripture translations and resources that minister to people on the margins of the Gospel-the unreached, unengaged, unseen, and unwanted.


Mission statement

Biblica's Mission Statement is:

To provide the Bible in accurate, contemporary translations and formats so that more people around the world will have the opportunity to be transformed by Jesus Christ.

Core Values

Generous - We give all we can to achieve all God wants.
Impact-driven - We love seeing lives changed by God's Word.
Faithful - We relentlessly follow Christ.
Trailblazing - We break down barriers to the Bible.


Statement of faith

Biblica's Statement of Faith is:

We Believe...

In one God, eternally existent in three persons - Father, Son, and Holy Spirit; In the absolute deity and full humanity of our Lord Jesus Christ, God the Son, His virgin birth, His sinless life, His miracles, His substitutionary and atoning death for all through His shed blood, His bodily resurrection, His ascension to the right hand of the Father, and His personal return in power and glory to judge the living and the dead;

In the present ministry of the Holy Spirit, by whose indwelling the Christian is empowered to live a holy life, to witness and work for the Lord Jesus Christ;

In the divine inspiration of all 66 books of the Old and New Testaments as originally given, guaranteeing their infallibility, entire trustworthiness, and supreme authority in all matters of faith and conduct;

That all people are sinners and cannot save themselves. Salvation is received as a free gift of God's grace, apart from works, through repentance and personal faith in the redemptive work of Christ and the regenerating power of the Holy Spirit;

In the bodily resurrection of both the saved and the lost, the eternal blessedness of the saved, and the eternal punishment of the lost;

In the spiritual unity of believers in our Lord Jesus Christ who are thus members of His Body, the Church, whose work is the worship of God, perfecting the saints, and evangelization of the world.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Publishing

CategoryRatingOverall rankSector rank
Overall efficiency rating543 of 5939 of 10
Fund acquisition rating502 of 5938 of 10
Resource allocation rating445 of 5937 of 10
Asset utilization rating446 of 5936 of 10

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%19%15%21%19%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%10%8%10%10%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%52%55%49%50%61%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%11%9%9%10%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%48%45%51%50%39%
 
Operating ratiosMedian % for
all ministries in
MW database
20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%76%75%74%73%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%96%92%113%99%81%
Program output ratio Program output ratio =
Program services /
Total revenue
80%73%69%84%73%63%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%4%8%-13%1%19%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%4%9%-13%1%19%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%13%16%17%17%17%
 
Investing ratiosMedian measure
for all ministries
in MW database
20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.040.510.480.520.470.41
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.732.412.343.072.532.62
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.181.221.121.601.191.08
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.845.446.464.416.216.81
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.180.150.230.160.15
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.728.019.055.788.479.47
 
Solvency ratiosMedian % for
all ministries in
MW database
20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%47%53%51%49%51%
Debt ratio Debt ratio =
Debt /
Total assets
0%6%7%7%8%11%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
77%105%97%93%109%119%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$3,936,000$4,338,000$3,713,000$5,903,000$5,138,000
Receivables, inventories, prepaids$1,761,000$1,554,000$1,273,000$1,414,000$2,010,000
Short-term investments$6,656,000$5,513,000$4,520,000$5,058,000$5,228,000
Other current assets$0$0$0$0$0
Total current assets$12,353,000$11,405,000$9,506,000$12,375,000$12,376,000
Long-term investments$2,301,000$2,681,000$800,000$800,000$3,752,000
Fixed assets$2,772,000$0$2,922,000$3,055,000$3,135,000
Other long-term assets$12,344,000$12,627,000$15,937,000$15,055,000$13,112,000
Total long-term assets$17,417,000$15,308,000$19,659,000$18,910,000$19,999,000
Total assets$29,770,000$26,713,000$29,165,000$31,285,000$32,375,000
 
Liabilities20192018201720162015
Payables and accrued expenses$1,848,000$1,321,000$1,674,000$1,553,000$1,372,000
Other current liabilities$422,000$444,000$480,000$441,000$445,000
Total current liabilities$2,270,000$1,765,000$2,154,000$1,994,000$1,817,000
Debt$1,691,000$1,933,000$2,173,000$2,426,000$3,638,000
Due to (from) affiliates$624,000$520,000$536,000$851,000$1,189,000
Other long-term liabilities$9,264,000$10,058,000$10,097,000$10,018,000$9,746,000
Total long-term liabilities$11,579,000$12,511,000$12,806,000$13,295,000$14,573,000
Total liabilities$13,849,000$14,276,000$14,960,000$15,289,000$16,390,000
 
Net assets20192018201720162015
Unrestricted$11,548,000$11,868,000$11,940,000$12,877,000$12,940,000
Temporarily restricted$4,373,000$3,425,000$2,265,000$3,119,000$3,045,000
Permanently restricted$0$0$0$0$0
Net assets$15,921,000$12,437,000$14,205,000$15,996,000$15,985,000
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$8,225,000$7,682,000$6,568,000$7,415,000$9,989,000
Program service revenue$361,000$665,000$551,000$770,000$856,000
Membership dues$0$0$0$0$0
Investment income$249,000$334,000$514,000$673,000($214,000)
Other revenue$6,940,000$5,212,000$5,811,000$5,944,000$5,819,000
Total other revenue$7,550,000$6,211,000$6,876,000$7,387,000$6,461,000
Total revenue$15,775,000$13,893,000$13,444,000$14,802,000$16,450,000
 
Expenses20192018201720162015
Program services$11,551,000$9,565,000$11,294,000$10,734,000$10,398,000
Management and general$1,962,000$2,082,000$2,610,000$2,575,000$2,267,000
Fundraising$1,592,000$1,141,000$1,352,000$1,407,000$719,000
Total expenses$15,105,000$12,788,000$15,256,000$14,716,000$13,384,000
 
Change in net assets20192018201720162015
Surplus (deficit)$670,000$1,105,000($1,812,000)$86,000$3,066,000
Other changes in net assets($42,000)($17,000)$21,000($75,000)($31,000)
Total change in net assets$628,000$1,088,000($1,791,000)$11,000$3,035,000

Response from ministry

No response has been provided by this ministry.


History

1809 - 1832
Evangelical Roots and Missionary Expansion. Founded in 1809 in New York, Biblica from its very infancy fostered a vision for transforming the world with the Word. In 1810, Biblica granted missionary translator William Carey $1,000 to help translate the Bible into the Bengali language. This Bible is still being used in India today.

1832 - 1906
Biblica was there in hospitals when cholera swept New York City in 1832. When war ripped the nation apart, Biblica provided Scriptures to the soldiers. Providing Scriptures for Sunday schools, prison ministry and hotels became part of our ministry.

1907 - 1960
From the late 1890s to 1954, Biblica carried out an extensive ministry to immigrants as they arrived at New York's Ellis Island. An average of 40,000 New Testaments and far more Scripture portions were distributed annually in many languages.

1960s through the '80s
Years of hard work and sacrifice were realized with the publication of the Holy Bible: New International Version (NIV). During these years Biblica became a leading publisher of ethnic Scriptures, publishing God's Word in more than 350 languages since 1970.

The Nineties
From 1990 to 1994, Biblica took a leading role in Scripture distribution in Eastern Europe, providing 10 million New Testaments for Russia and the republics of the former Soviet Union, as well as 1.5 million for Romania. A worldwide spiritual hunger is drawing many to know Christ and grow through His Word

2000s
Partnering with YouVersion in 2008, Biblica freely offered the NIV translation through Apple's App store on its very first day. In 2019, the translation surpassed 1 billion audio requests and 4 billion chapter requests in a single year. That's 130 chapters of the NIV being read around the world each and every second!


Program accomplishments

Helping equip the global church to engage with God's Word, in 2018, we surpassed 2 million total children reached with the Gospel through our Reach4Life New Testament program. We released the Reach4Life youth discipleship New Testament in South Africa in 2004 in response to the AIDs crisis. Since then the peer education program is in over 30 countries across the globe spanning 5 continents.


Needs

We focus on the top 100 strategic languages for Bible translation, accelerating the growth and impact of first language translation efforts within the illumiNations Movement (illuminations.bible). This movement's mission is to provide all people access to God's Word by 2033. We distinguish ourselves with an integrated translation and publishing approach to develop Scripture resources and programs that serve the needs of the rising generations and our frontline ministry partners. A few of those ministry efforts are listed below:

Equipping Leaders is meeting a growing need in the Church. Thousands of pastors have received training and Bibles through this program. And with your partnership, we can train thousands more.

The Reach4Life New Testament Bible facilitates change through bringing young people to Christ, discipling them, and teaching them Bible-based life skills addressing issues specific to teens and young adults ages 12 to 25. The devotional focuses on the 4 journeys: how to be saved, growing in Christ, how to face challenges, and how to be a change agent yourself. Additionally, the Reach4Life program implements an effective teaching and discipling method called peer education. Peer influence can be such a strong factor in a youth's decision-making process, that when youth are transformed by the Word of God and choose to lead their peers we consistently see dramatic improvements in behavior and life choices.

Game of Life is a Scripture-based sports ministry program aimed at discipling young athletes in sports-saurated third-world cultures while preparing them to succeed and make wise decisions in the only game that counts in the end-the game of life.

To give to any of these projects, please visit our website: www.biblica.com.