FURP.ORG / PUBLIC DATA EXPLORER

WORLD BIBLE SCHOOL INCORPORATED: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
WORLD BIBLE SCHOOL INCORPORATED (EIN 74-2254797)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202403209349327835
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T21:24:18-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN742516372PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1REYNOLDS & FRANKE PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16850 AUSTIN CENTER BLVD STE 100AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP787313184ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN742254797EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WORLD BIBLE SCHOOL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWORLBusinessNameControlTxt
Phone5123458190PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line116110 ANDERSON MILL ROADAddressLine1Txt
CityCEDAR PARKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78613ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRIAN DAVISPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5126458190PhoneNum
Signature2024-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRONALD H REYNOLDS CPAPreparerPersonNm
PTINP00964479PTIN
Phone5122063141PhoneNum
Preparation2024-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Special ConditionEXTENDED TO NOVEMBER 15 2024SpecialConditionDesc
Principal OfficerBRIAN DAVISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line116110 ANDERSON MILL ROADAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78613ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,573,924GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WORLDBIBLESCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionRELIGIOUS EDUCATION TO THE UNCHURCHED.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee31TotalEmployeeCnt
Total Volunteers2200TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$3,735,875PYContributionsGrantsAmt
CY Contributions Grants$4,841,690CYContributionsGrantsAmt
PY Program Service Revenue$807,408PYProgramServiceRevenueAmt
CY Program Service Revenue$574,454CYProgramServiceRevenueAmt
PY Investment Income$79,969PYInvestmentIncomeAmt
CY Investment Income$157,680CYInvestmentIncomeAmt
PY Other Revenue-$30,256PYOtherRevenueAmt
CY Other Revenue-$24,666CYOtherRevenueAmt
PY Total Revenue$4,592,996PYTotalRevenueAmt
CY Total Revenue$5,549,158CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,994,338PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,282,697CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$744,979CYTotalFundraisingExpenseAmt
PY Other Expenses$3,141,357PYOtherExpensesAmt
CY Other Expenses$2,562,951CYOtherExpensesAmt
PY Total Expenses$5,135,695PYTotalExpensesAmt
CY Total Expenses$4,845,648CYTotalExpensesAmt
PY Revenues Less Expenses-$542,699PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$703,510CYRevenuesLessExpensesAmt
Total Assets BOY$5,958,211TotalAssetsBOYAmt
Total Assets EOY$6,900,057TotalAssetsEOYAmt
Total Liabilities BOY$25,978TotalLiabilitiesBOYAmt
Total Liabilities EOY$22,409TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,932,233NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,877,648NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionWORLD BIBLE SCHOOL, INC. IS A RELIGIOUS NOT-FOR-PROFIT ORGANIZATION DEDICATED TO TEACHING THE GOSPEL OF CHRIST BY USING BIBLE CORRESPONDENCE COURSES. THIS MISSION OF WBS IS WORLDWIDE AND IS SUPPORTED PRIMARILY BY CONTRIBUTIONS FROM INDIVIDUALS AND CHURCHES. WBS IS ASSOCIATED WITH CHURCHES OF CHRIST.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,523,055ExpenseAmt
DescADVERTISING AND PROMOTIONAL PROGRAMS TO RECRUIT STUDENTS FOR WBS PUBLICATIONS, CORRESPONDENCE AND OTHER EDUCATIONAL COURSES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,005,266ExpenseAmt
Revenue$574,454RevenueAmt
DescCOURSE PUBLICATIONS PROVIDE CHRISTIAN EDUCATIONAL MATERIALS TO TEACHERS IN ORDER FOR THEM TO TEACH AND MINISTER TO PEOPLE AROUND THE WORLD.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$931,246ExpenseAmt
DescWBS OFFERS COURSES THROUGH THE INTERNET TO REACH A LARGER POPULATION OF STUDENTS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescCONTRIBUTION TO EXEMPT ORGANIZATION SUPPORTING TEACHERS AND STUDENTS DEDICATED TO TEACH AND LEARN ABOUT THE GOSPEL OF CHRIST BY USING BIBLE CORRESPONDENCE COURSES. MAILBOXES AND OR SCANNERS HAVE BEEN SET UP IN SEVENTEEN NATIONS FOR LOCAL STUDENTS TO MAIL OR SCAN THEIR LESSONS TO TEACHERS IN THE UNITED STATES. MAILBOXES ALLOW STUDENTS TO MAIL THEIR LESSONS USING CHEAPER DOMESTIC MAIL, RATHER THAN MORE EXPENSIVE INTERNATIONAL MAILING AND SCANNERS SPEED UP THE TIME IN BETWEEN LESSON EXCHANGES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,459,567TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee31EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKELSEY TAYLORPersonNm
Phone5123458190PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2169AddressLine1Txt
CityCEDAR PARKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78630ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
BRIAN DAVIS
PRESIDENT40.00Yes (X)$71,557$0$55,822
TIM YAEGER
CIO40.00Yes (X)$100,261$0$42,262
KEVIN RHODES
BUSINESS AFF40.00Yes (X)$28,461$0$43,815
MARCUS MCKEE
CHIEF GROWTH40.00Yes (X)$47,790$0$48,000
CHARLES GANUS
CHAIRMAN1.00Yes (X)$0$0$0Yes (X)
DENNIS RAESENER
TREASURER1.00Yes (X)$0$0$0Yes (X)
GEORGE BARLOW
DIRECTOR (JA1.00$15,432$0$13,018Yes (X)
LORI BOYD
BOARD MEMBER1.00$0$0$0Yes (X)
JUSTIN CATES
BOARD MEMBER1.00$0$0$0Yes (X)
AVA CONLEY
BOARD MEMBER1.00$0$0$0Yes (X)
LINDSEY GARMON
BOARD MEMBER1.00$0$0$0Yes (X)
JEFF JENKINS
BOARD MEMBER1.00$0$0$0Yes (X)
KEITH RALL
BOARD MEMBER1.00$0$0$0Yes (X)
JEREMY ROBINETT
BOARD MEMBER1.00$44,703$0$0Yes (X)
JEFF SMITH
BOARD MEMBER1.00$0$0$0Yes (X)
JOSH SNEED
BOARD MEMBER1.00$0$0$0Yes (X)
CHARLES WILSON
BOARD MEMBER1.00$0$0$0Yes (X)
BRADY SHIRLEY
BOARD MEMBER1.00$0$0$0Yes (X)
PATSIE TROWBRIDGE
BOARD MEMBER1.00$0$0$0Yes (X)
WES RITCHIE
BOARD MEMBER1.00$0$0$0Yes (X)
WASHINGTON MHLANGA
BOARD MEMBER1.00$0$0$0Yes (X)
TERRY WARE
BOARD MEMBER1.00$0$0$0Yes (X)
BRIAN WHITE
BOARD MEMBER1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$308,204TotalReportableCompFromOrgAmt
Total Other Compensation$202,917TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GOOGLE INC
PO BOX 39000SAN FRANCISCOCA94139ADVERTISING$325,379
MITTERA GROUP INC
PO BOX 850471MINNEAPOLISMN554850471PRINTING$187,405
EPOST GLOBAL LLC
PO BOX 996BEDFORD PARKIL60499SHIPPING$105,541
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Fundraising$161,481FundraisingAmt
All Other Contributions$4,680,209AllOtherContributionsAmt
Noncash Contributions$15,219NoncashContributionsAmt
Total Contributions$4,841,690TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescBIBLES & BIBLE COURSESDesc
Business611710BusinessCd
Total Revenue Column$574,454TotalRevenueColumnAmt
Related Or Exempt Func Income$574,454RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$574,454TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$157,680TotalRevenueColumnAmt
Exclusion$157,680ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$100TotalRevenueColumnAmt
Exclusion$100ExclusionAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$161,481ContriRptFundraisingEventAmt
Fundraising Direct Expenses$24,766FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$24,766TotalRevenueColumnAmt
Exclusion-$24,766ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,549,158TotalRevenueColumnAmt
Related Or Exempt Func Income$574,454RelatedOrExemptFuncIncomeAmt
Exclusion$133,014ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$482,671TotalAmt
Program Services$259,665ProgramServicesAmt
Management And General$86,406ManagementAndGeneralAmt
Fundraising$136,600FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,263,225TotalAmt
Program Services$755,841ProgramServicesAmt
Management And General$192,930ManagementAndGeneralAmt
Fundraising$314,454FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$90,886TotalAmt
Management And General$90,886ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$391,036TotalAmt
Program Services$182,278ProgramServicesAmt
Management And General$78,401ManagementAndGeneralAmt
Fundraising$130,357FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$54,879TotalAmt
Program Services$37,790ProgramServicesAmt
Management And General$10,937ManagementAndGeneralAmt
Fundraising$6,152FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,125TotalAmt
Management And General$18,125ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$350,345TotalAmt
Program Services$347,586ProgramServicesAmt
Management And General$2,528ManagementAndGeneralAmt
Fundraising$231FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$514,525TotalAmt
Program Services$447,808ProgramServicesAmt
Management And General$693ManagementAndGeneralAmt
Fundraising$66,024FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$33,299TotalAmt
Program Services$12,195ProgramServicesAmt
Management And General$9,681ManagementAndGeneralAmt
Fundraising$11,423FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$115,565TotalAmt
Program Services$105,640ProgramServicesAmt
Management And General$9,480ManagementAndGeneralAmt
Fundraising$445FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$29,828TotalAmt
Program Services$993ProgramServicesAmt
Management And General$28,835ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$202,267TotalAmt
Program Services$123,205ProgramServicesAmt
Management And General$9,115ManagementAndGeneralAmt
Fundraising$69,947FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$9,677TotalAmt
Program Services$1,476ProgramServicesAmt
Management And General$6,878ManagementAndGeneralAmt
Fundraising$1,323FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$40,289TotalAmt
Management And General$40,289ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$25,653TotalAmt
Management And General$25,653ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SERVICE CENTERS$778,891$778,891
POSTAGE$226,897$217,130$3,288$6,479
PRINTING$166,483$166,483
COMMUNICATIONS$38,088$22,411$14,528$1,149

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$13,019TotalAmt
Program Services$175ProgramServicesAmt
Management And General$12,449ManagementAndGeneralAmt
Fundraising$395FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,845,648TotalAmt
Program Services$3,459,567ProgramServicesAmt
Management And General$641,102ManagementAndGeneralAmt
Fundraising$744,979FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$659,720BOYAmt
EOY$1,050,440EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$123,536BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,233,237LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$710,066LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$558,537BOYAmt
EOY$523,171EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,592,045BOYAmt
EOY$5,304,843EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$24,373BOYAmt
EOY$21,603EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,958,211BOYAmt
EOY$6,900,057EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,978BOYAmt
EOY$22,409EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,978BOYAmt
EOY$22,409EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,663,464BOYAmt
EOY$6,372,835EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$268,769BOYAmt
EOY$504,813EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,932,233BOYAmt
EOY$6,877,648EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,958,211BOYAmt
EOY$6,900,057EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$703,510ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$241,905NetUnrlzdGainsLossesInvstAmt
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,212,093CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,570,161CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,524,527CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,735,875CurrentTaxYearMinus1YearAmt
Current Tax Year$4,841,690CurrentTaxYearAmt
Total$21,884,346TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,212,093CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,570,161CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,524,527CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,735,875CurrentTaxYearMinus1YearAmt
Current Tax Year$4,841,690CurrentTaxYearAmt
Total$21,884,346TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,675,420SubstantialContributorsTotAmt
Public Support Total170$20,208,926PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$52,523CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$33,819CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$33,537CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$80,980CurrentTaxYearMinus1YearAmt
Current Tax Year$157,780CurrentTaxYearAmt
Total$358,639TotalAmt
FieldValueIRS element (for citing)
Total Support$22,242,985TotalSupportAmt
Gross Receipts Rltd Activities$3,262,502GrossReceiptsRltdActivitiesAmt
Public Support CY1700.90860PublicSupportCY170Pct
Public Support PY1700.96490PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,271,934BeginningYearBalanceAmt
Contributions$535,422ContributionsAmt
Investment Earnings Or Losses$217,716InvestmentEarningsOrLossesAmt
End Year Balance$1,999,182EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,056,472BeginningYearBalanceAmt
Contributions$380,002ContributionsAmt
Investment Earnings Or Losses-$164,540InvestmentEarningsOrLossesAmt
End Year Balance$1,271,934EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$559,270BeginningYearBalanceAmt
Contributions$717,106ContributionsAmt
Investment Earnings Or Losses$207,096InvestmentEarningsOrLossesAmt
Other Expenditures$427,000OtherExpendituresAmt
End Year Balance$1,056,472EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$432,161BeginningYearBalanceAmt
Contributions$829,806ContributionsAmt
Investment Earnings Or Losses$118,944InvestmentEarningsOrLossesAmt
Other Expenditures$821,641OtherExpendituresAmt
End Year Balance$559,270EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$610,288BeginningYearBalanceAmt
Contributions$4,000ContributionsAmt
Investment Earnings Or Losses$11,664InvestmentEarningsOrLossesAmt
Other Expenditures$193,791OtherExpendituresAmt
End Year Balance$432,161EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.78280BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY0.21720TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$100,000OtherCostOrOtherBasisAmt
Book Value$100,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$900,000OtherCostOrOtherBasisAmt
Depreciation$523,127DepreciationAmt
Book Value$376,873BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$105,990OtherCostOrOtherBasisAmt
Depreciation$85,632DepreciationAmt
Book Value$20,358BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$127,247OtherCostOrOtherBasisAmt
Depreciation$101,307DepreciationAmt
Book Value$25,940BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$523,171TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOTHER LIABILITIESDesc
Amt$22,409Amt
FieldValueIRS element (for citing)
Total Liability$22,409TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,815,829TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$241,905NetUnrealizedGainsInvstAmt
Other Revenue$24,766OtherRevenueAmt
Revenue Not Reported$266,671RevenueNotReportedAmt
Revenue Subtotal$5,549,158RevenueSubtotalAmt
Total Revenue Per Form990$5,549,158TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,870,414TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$24,766OtherExpensesIncludedAmt
Expenses Not Reported$24,766ExpensesNotReportedAmt
Expenses Subtotal$4,845,648ExpensesSubtotalAmt
Total Expenses Per Form990$4,845,648TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART V, LINE 4WBS ESTABLISHED THE WORLD BIBLE SCHOOL ENDOWMENT IN 2007 TO RECEIVE, HOLD, MANAGE, AND INVEST GIFTS RECEIVED FROM DONORS TO WBS WHICH ARE DESIGNATED TO BE MADE TO THE ENDOWMENT, OR WHICH ARE OTHERWISE DESIGNATED AS GIFTS. IN MARCH 2021, THE BOARD OF WBS ADOPTED A NEW ENDOWMENT POLICY AND RECEIVED PERMISSION FROM THE ORIGINAL DONORS OF THE WORLD BIBLE SCHOOL ENDOWMENT TO RELEASE THEIR PERMANENT RESTRICTION FOR UNRESTRICTED USE. THE NEW ENDOWMENT POLICY HAS ESTABLISHED THREE NEW ENDOWMENTS BY DONORS FOR SPECIFIC ACTIVITIES. AN ENDOWMENT HAS ALSO BEEN DESIGNATED BY THE BOARD OF WBS FOR GENERAL OPERATIONS.
SCHEDULE D, PAGE 3, PART XTHE MOST SIGNIFICANT TAX POSITIONS OF WBS ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS DETERMINED THAT WBS HAD NO ACTIVITIES SUBJECT TO UBIT DURING THE YEAR ENDED DECEMBER 31, 2023 AND 2022. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES.
SCHEDULE D, PAGE 4, PART XI, LINE 2DDIRECT FUNDRAISING EXPENSES 24,766
SCHEDULE D, PAGE 4, PART XII, LINE 2DDIRECT FUNDRAISING EXPENSES 24,766

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtOfficesOfficesCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
SUB-SAHARAN AFRICA14TECHNOLOGY & MAILINGPROGRAM SERVICE$684,450
EAST ASIA AND THE PACFIC1TECHNOLOGY & MAILINGPROGRAM SERVICE$31,500
SOUTH ASIA1TECHNOLOGY & MAILINGPROGRAM SERVICE$38,916
SOUTH AMERICA1TECHNOLOGY & MAILINGPROGRAM SERVICE$14,510
FieldValueIRS element (for citing)
Subtotal Offices17SubtotalOfficesCnt
Total Office17TotalOfficeCnt
Subtotal Spent$769,376SubtotalSpentAmt
Total Spent$769,376TotalSpentAmt
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE F, PAGE 1, PART I, LINE 3SUB-SAHARAN AFRICA 684,450 0 EAST ASIA AND THE PACFIC 31,500 0 SOUTH ASIA 38,916 0 SOUTH AMERICA 14,510 0
SCHEDULE F, PAGE 5, PART VTHE BOARD OF DIRECTORS MAINTAINS COMPETENT PROGRAM ADMINISTRATION, MANAGES THE FINANCIAL AND BUDGETARY RESPONSIBILITIES, AND ENSURES FUNDS ARE UTILIZED APPROPRIATELY IN SERVICE CENTERS OUTSIDE THE UNITED STATES.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1APPEALS DINNEREvent1Nm
Gross Receipts Event1$161,481GrossReceiptsEvent1Amt
Charitable Contri Event1$161,481CharitableContriEvent1Amt
Food And Beverage Event1$24,766FoodAndBeverageEvent1Amt
Gross Receipts Total$161,481GrossReceiptsTotalAmt
Charitable Contributions Tot$161,481CharitableContributionsTotAmt
Food And Beverage Total Events$24,766FoodAndBeverageTotalEventsAmt
Direct Expense Summary Events$24,766DirectExpenseSummaryEventsAmt
Net Income Summary-$24,766NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONWORLD BIBLE SCHOOL, INC. IS A RELIGIOUS NOT-FOR-PROFIT ORGANIZATION DEDICATED TO TEACHING THE GOSPEL OF CHRIST BY USING BIBLE CORRESPONDENCE COURSES. THIS MISSION OF WBS IS WORLDWIDE AND IS SUPPORTED PRIMARILY BY CONTRIBUTIONS FROM INDIVIDUALS AND CHURCHES. WBS IS ASSOCIATED WITH CHURCHES OF CHRIST.
FORM 990, PAGE 2, PART III, LINE 4DCONTRIBUTION TO EXEMPT ORGANIZATION SUPPORTING TEACHERS AND STUDENTS DEDICATED TO TEACH AND LEARN ABOUT THE GOSPEL OF CHRIST BY USING BIBLE CORRESPONDENCE COURSES. MAILBOXES AND OR SCANNERS HAVE BEEN SET UP IN SEVENTEEN NATIONS FOR LOCAL STUDENTS TO MAIL OR SCAN THEIR LESSONS TO TEACHERS IN THE UNITED STATES. MAILBOXES ALLOW STUDENTS TO MAIL THEIR LESSONS USING CHEAPER DOMESTIC MAIL, RATHER THAN MORE EXPENSIVE INTERNATIONAL MAILING AND SCANNERS SPEED UP THE TIME IN BETWEEN LESSON EXCHANGES.
FORM 990, PAGE 6, PART VI, LINE 11BTHE BOARD OF DIRECTORS MEETS FREQUENTLY TO DISCUSS CURRENT ISSUES AND FINANCIAL DATA. TAX RETURNS ARE REVIEWED BY THE PRESIDENT AND/OR OTHER DESIGNATED OFFICERS. COMPLETE TAX RETURNS ARE NOT PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING; HOWEVER, MEMBERS ARE MADE AWARE THAT RETURNS ARE AVAILABLE UPON REQUEST.
FORM 990, PAGE 6, PART VI, LINE 12COFFICERS & DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS.
FORM 990, PAGE 6, PART VI, LINE 15ATHE BOARD OF DIRECTORS WILL EVALUATE THE OVERALL FINANCIAL PERFORMANCE OF THE WORLD BIBLE SCHOOL COMPARED TO PRIOR YEARS AND DETERMINE IF MERIT INCREASES IN SALARY ARE APPROPRIATE.
FORM 990, PAGE 6, PART VI, LINE 19WORLD BIBLE SCHOOL WILL PROVIDE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.