NonprofitsInstitute In Basic Life Principles

Religion-Related

Institute In Basic Life Principles

BIG SANDY, TX

Total revenue

$10.6M

Total expenses

$5.8M

Net assets

$53.2M

Grants received

$16K

3 grants

EIN

366108515

Tax year

2024

Mission

The institute in basic life principles was established for the purpose of introducing people to the lord jesus christ, and is dedicated to giving individuals, families, churches, schools, communities, and businesses clear instruction and training on how to find success by following god's principles.

Programs

3 programs

In 2024, biblical teaching materials were created in the form of written, audio, video, and live presentations to teach practical truths from the bible. These christian materials were available for sale and downloads, as well as many free materials for people to access online.

Expenses: $614K

In 2024, iblp presented training for young people in the areas of personal discipleship and music, and provided programs for strengthening families through parent and child activities. Iblp also ministered to inmates through faith-based chaplaincy programs.

Expenses: $692KGrants: $25K

During 2024, seminars and conferences were conducted and materials were sold in foreign countries to educate people how to find success in following god's principles. During 2024, organization received rental income from an affiliated exempt organization.

Expenses: $171KGrants: $60K

Financials

FY 2024

Revenue

Contributions & grants$367K
Program service revenue$765K
Investment income$7.9M
Other revenue$1.5M
Total revenue$10.6M

Expenses

Grants paid$96K
Salaries & benefits$1.6M
Fundraising
Other expenses$4.1M
Total expenses$5.8M
Total assets$54.4M
Net assets$53.2M

People

6 listed

NameRoleCompensation

ROBERT BARTH

SECRETARY

Board

$109K

43 hrs/wk

BEN ZIESEMER

TREASURER

Board

$77K

37 hrs/wk

TIM LEVENDUSKY

PRESIDENT

Board

$51K

38 hrs/wk

JOHN BECHTLE

BOARD MEMBER

Board

$25K

0.5 hrs/wk

GIL BATES

BOARD MEMBER

Board

$1K

0.5 hrs/wk

DAVID YORK

BOARD MEMBER

Board

$300

0.5 hrs/wk

Independent contractors

JOSEPH SHOEMAKER

MAINTENANCE

$212K

COLLINS LAW FIRM

LEGAL

$184K

THOMPSON COE COUSINS IRONS LLP

LEGAL

$139K

Grants received

Showing 3 of 3

FromAmountPurposeYear
$6K
PRISON MINISTRY
2024
$5K
YOUTH OUTREACH
2023
$5K
YOUTH OUTREACH
2022

Funded by

$16K from 2 funders · 3 grants · 2022–2024

The Shepherds Hand Inc

$10K · 2 grants · 2022–2023

Natl Christian Charitable Fdn Inc

$6K · 1 grant · 2024

Details

EIN366108515
NTEE codeX200
Subsection03
Ruling date1963-08
Formed1961
Employees80
Volunteers100
INSTITUTE IN BASIC LIFE PRINCIPLES — Mission, Financials & Grants Received | Grantivo