| FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION |
.... UNDERSTAND AND AFFORD. SO ALL PEOPLE MAY EXPEREINCE ITS LIFE-CHANGING MESSAGE. |
| FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION |
SINCE 1816, AMERICAN BIBLE SOCIETY HAS BEEN FULFILLING ITS MISSION OF MAKING THE BIBLE AVAILABLE TO EVERY PERSON IN A LANGUAGE AND FORMAT EACH CAN UNDERSTAND AND AFFORD SO ALL PEOPLE MAY EXPERIENCE ITS LIFE-CHANGING MESSAGE. |
| FORM 990, PART III - PROGRAM SERVICE, LINE 4A |
IN 2021, AMERICAN BIBLE SOCIETY CONTINUED ITS 205TH YEAR OF BIBLE-BASED MINISTRY AS WE FAITHFULLY MOVED AHEAD WITH OUR VISION TO SEE MILLIONS OF PEOPLE LIVING IN THE UNITED STATES ACTIVELY ENGAGED IN GOD'S WORD. WE WILL REACH THIS GOAL BY WORKING CLOSELY WITH CHURCHES AND OTHER BIBLE-BASED MINISTRIES IN CITIES ACROSS THE U.S., FEATURING OUR WIDE VARIETY OF SCRIPTURE RESOURCES IN PRINT AND DIGITAL FORMATS, AS WELL AS OUR BIBLE-BASED TRAUMA HEALING MINISTRY TO EASE ALL WOUNDED HEARTS WITH THE HEALING POWER OF GOD'S WORD. WE ARE ALSO PROUD TO CONTINUE OUR GLOBAL MINISTRY AS WE SEEK TO FINISH THE BIBLE TRANSLATION WORK AND SEE SCRIPTURE TRANSLATED INTO 100% OF THE WORLD'S LANGUAGES TO PROVIDE FIRST ENGAGEMENT OPPORTUNITIES FOR THOSE WHO HAVE YET TO EXPERIENCE THE BIBLE'S LIFE-CHANGING MESSAGE. AMERICAN BIBLE SOCIETY HELPS PEOPLE EXPERIENCE GOD THROUGH THE BIBLE. WE TRANSLATE THE BIBLE, DISTRIBUTE THE BIBLE, ENGAGE PEOPLE WITH THE BIBLE, AND ADVOCATE FOR THE BIBLE'S MESSAGE OF HOPE HERE IN AMERICA AND EVERYWHERE IN THE WORLD. THROUGH THE CHURCH AND A GLOBAL NETWORK OF LOCAL BIBLE SOCIETIES, WE CARRY THE GOSPEL MESSAGE WHERE IT IS NEEDED MOST. OUR RESEARCH AND OUR EXPERIENCE TELL US THE BIBLE MAKES US MORE GENEROUS, MORE COMPASSIONATE, MORE LOVING TOWARD OUR NEIGHBORS, AND MORE HOPEFUL ABOUT OUR FUTURE IN CHRIST. THAT'S WHY OUR MISSION SINCE 1816 HAS BEEN TO HELP ALL PEOPLE EXPERIENCE THE LIFE-CHANGING MESSAGE OF GOD'S WORD. BEFORE PEOPLE CAN EXPERIENCE THE BIBLE, IT NEEDS TO BE AVAILABLE IN THEIR HEART LANGUAGE. WE ARE COMMITTED TO TRANSLATING GOD'S WORD INTO EVERY LIVING LANGUAGE BY 2033. TO ACCOMPLISH THIS GOAL, WE WORK WITH TRANSLATION PARTNERS IN 62 COUNTRIES, CURRENTLY SUPPORTING 182 LANGUAGE PROJECTS. WE PROVIDE TECHNICAL RESOURCES LIKE TRANSLATION SOFTWARE, TRANSLATOR TRAINING, AND PROGRAM DESIGN EXPERTISE, ENSURING THAT FIELD TEAMS HAVE EVERYTHING THEY NEED TO COMPLETE THEIR WORK. ONCE THE BIBLE IS AVAILABLE, PEOPLE NEED TO BE ABLE TO ACCESS IT. THROUGH DISTRIBUTION, WE MAKE BIBLE OWNERSHIP AND DAILY SCRIPTURE ENGAGEMENT A REALITY FOR PEOPLE SEPARATED FROM GOD'S WORD BY BARRIERS LIKE POVERTY OR PERSECUTION. WE BRING GOD'S HOPE TO ENTIRE NATIONS THROUGH MASSIVE INITIATIVES LIKE BIBLES FOR CHINA OR ONE MILLION BIBLES FOR LATIN AMERICA. IN ADDITION TO TRADITIONAL PRINTING AND DIGITAL FORMATS, WE PROMOTE VISUAL AND AUDIO VERSIONS OF SCRIPTURE LIKE THE JESUS FILM AND INITIATE BIBLE LISTENING GROUPS MEETING IN MORE THAN 40 COUNTRIES. SIMPLY OWNING A BIBLE IS NOT THE END OF THE JOURNEY. IN ORDER FOR LIVES TO TRANSFORM, HEARTS MUST BE ENGAGED WITH THE TRUTH OF SCRIPTURE. WE CONTEXTUALIZE THE BIBLE FOR ALL PEOPLE AND BREAK DOWN BARRIERS THAT CAN KEEP COMMUNITIES FROM FULLY EXPERIENCING GOD'S WORD. FOR UNITED STATES MILITARY MEMBERS, VETERANS, AND THEIR FAMILIES, GOD'S LOVE CAN FEEL FAR AWAY AMID THE UNIQUE CHALLENGES THAT COME WITH SERVING OUR NATION. OUR HISTORIC ARMED SERVICES MINISTRY PARTNERS WITH CHAPLAINS AND CHURCH LEADERS TO DEVELOP AND DELIVER LIFE-SAVING MINISTRY RESOURCES, HELPING HUNDREDS OF THOUSANDS OF OUR BRAVE SERVICE MEMBERS DISCOVER THE COMFORT OF THE SCRIPTURES. FOR AN ESTIMATED 1 BILLION PEOPLE WORLDWIDE, THE MESSAGE OF THE BIBLE IS HIDDEN BEHIND BARRIERS OF PAIN, GRIEF, AND TRAUMA. IN THE UNITED STATES AND ABROAD, OUR BIBLE-BASED TRAUMA HEALING MINISTRY WORKS TO EQUIP CHURCHES TO OFFER HOPE AND HEALING TO THOSE WHO HAVE ENDURED TRAUMA. THROUGH A CURRICULUM THAT BLENDS MENTAL HEALTH BEST PRACTICES WITH BIBLICAL TRUTHS, HEALING GROUPS EXPERIENCE RESTORATION THROUGH GOD'S WORD. IN FISCAL 2021, THIS MINISTRY REACHED MORE THAN 20,000 PEOPLE IN MORE THAN 60 COUNTRIES. THE BIBLE IS FOR EVERYONE EVEN FOR THOSE WHO LIVE IN FREEDOM BUILT ON BIBLICAL VALUES WITHOUT UNDERSTANDING THE BIBLE'S INFLUENCE ON OUR HISTORY. THROUGH THE FAITH AND LIBERTY DISCOVERY INITIATIVE AND THE FAITH AND LIBERTY DISCOVER CENTER IN PHILADELPHIA, WE ADVOCATE FOR A COMPLETE VIEW OF AMERICAN HISTORY THROUGH THE LENS OF GOD'S WORD. WE REMIND AMERICANS OF THEIR BIBLICAL HERITAGE THROUGH STORIES OF PAST LEADERS, HEROES, AND EVERYDAY CITIZENS. WE EXPLORE THE BIBLICAL VALUES THAT SHAPED THE AMERICAN STORY, PAVING THE WAY FOR FUTURE GENERATIONS TO HAVE A CLEAR, ACTIVE UNDERSTANDING OF THE BIBLE'S PLACE IN OUR HISTORY AND GOD'S PURPOSE FOR OUR LIVES. |
| FORM 990, PART VI, SECTION B, LINE 11B |
POLICIES LINE 11: THE FORM 990 WAS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM, GRANT THORNTON LLP, IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. A COPY OF THE DRAFT FORM 990 WAS CIRCULATED TO THE FULL BOARD OF DIRECTORS FOR DISCUSSION AND COMMENT. EACH BOARD MEMBER WAS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C |
LINE 12: EMPLOYEES ARE REGULARLY COUNSELED BY THE LEGAL STAFF IN CONFLICT OF INTEREST AWARENESS AND ARE REQUIRED TO FILE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ANNUALLY. CONFLICTS IDENTIFIED ARE INVESTIGATED BY THE INTERNAL AUDIT STAFF FOR RESOLUTION WITH MANAGEMENT AND THE BOARD AUDIT COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 15 |
LINE 15A AND 15B: COMPENSATION FOR THE PRESIDENT & CEO IS DETERMINED BY THE BOARD OF DIRECTORS, AS FACILITATED BY THE CHAIRPERSON OF THE BOARD. THE CHAIRPERSON RELIES ON A NUMBER OF DIFFERENT SOURCES TO DETERMINE COMPENSATION, INCLUDING, BUT NOT LIMITED TO COMPENSATION BENCHMARK SURVEYS AND STUDIES, COMPENSATION PAID TO SIMILAR OFFICER AT SIMILAR INSTITUTIONS (I.E. BY REVIEWING THE FORM 990 OF OTHER ORGANIZATIONS), INCLUDING THOSE IN MAJOR URBAN CENTERS. RECOMMENDATIONS WERE BASED ON A COMPREHENSIVE STUDY LEVERAGING EXTERNAL, INDEPENDENT RESEARCH BY GUIDE STAR AND OTHER 3RD PARTY CONSULTING ORGANIZATIONS. THE CHAIRPERSON THEN RECOMMENDS THE CEO COMPENSATION TO THE FULL BOARD OF DIRECTORS FOR ITS APPROVAL. THE BOARD OF DIRECTORS' APPROVAL IS DOCUMENTED IN MINUTES. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED USING VARIOUS SOURCES BY HUMAN RESOURCES SUCH AS COMPENSATION SURVEYS AND STUDIES, INCLUDING INFORMATION ON FORM 990 OF OTHER ORGANIZATIONS AS WELL AS INDEPENDENT COMPENSATION STUDIES. HUMAN RESOURCES THEN OBTAINS APPROVAL FOR THE RECOMMENDED COMPENSATION FROM THE OFFICERS OR KEY EMPLOYEES' NEXT HIGHER LEVEL MANAGER. FINAL COMPENSATION AMOUNT IS THEN COMMUNICATED TO THE OFFICER OR KEY EMPLOYEE BY HUMAN RESOURCES. |
| FORM 990, PART VI, SECTION C, LINE 19 |
LINE 19: AMERICAN BIBLE SOCIETY ("THE BIBLE SOCIETY") MAKES ITS FORM 990 AND AUDITED FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE, WWW.AMERICANBIBLE.ORG. THE BIBLE SOCIETY'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENT ARE AVAILABLE UPON REQUEST AND AT MANAGEMENT'S DISCRETION. |
| FORM 990, PART VI, LINE 1A & 1B AND PART VII |
THE BIBLE SOCIETY IS REPORTING 18 MEMBERS OF THE BOARD OF DIRECTORS. SINCE ONE MEMBER OF THE BOARD WAS COMPENSATED, THE BIBLE SOCIETY IS REPORTING 17 INDEPENDENT VOTING MEMBERS OF THE BOARD OF DIRECTORS AT THE END OF THE TAX YEAR. THERE IS AN EXECUTIVE COMMITTEE OF THE BOARD WHICH HAS THE AUTHORITY TO ACT ON BEHALF OF THE FULL BOARD WHEN APPLICABLE. |
| FORM 990, PART XI, LINE 9: |
PENSION RELATED ACTIVITY 3,016,810. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -994,634. APPRECIATION IN FAIR VALUE OF THIRD-PARTY TRUSTS 4,167,010. WRITE-OFF OF DEFERRED REAL ESTATE TAX ACCRUED LIABILITY 1,483,063. |
Attach to Form 990 or 990-EZ.