| 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 2022, AMERICAN BIBLE SOCIETY CONTINUED ITS 206TH 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 AND DISTRIBUTE THE BIBLE TO UNREACHED PEOPLE AROUND THE WORLD, HELP PEOPLE IN CRISIS FIND RESTORATION THROUGH SCRIPTURE, AND ADVOCATE FOR THE BIBLE'S MESSAGE OF HOPE HERE IN AMERICA. THROUGH THE CHURCH AND A GLOBAL NETWORK OF BIBLE SOCIETIES, WE CARRY GOD'S WORD WHERE IT IS NEEDED MOST. OUR RESEARCH AND 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. GOD'S WORD FOR THE UNREACHED WE TRANSLATE THE BIBLE INTO EVERY LANGUAGE, FOR EVERY PERSON. WE ARE LEADERS AND PIONEERS IN THE BIBLE TRANSLATION MOVEMENT, AND WE HAVE COMMITTED TO A BOLD STRATEGY TO TRANSLATE THE BIBLE INTO EVERY LIVING LANGUAGE BY 2033. THIS YEAR WE PROVIDED GREATER ACCESS TO SCRIPTURE TO 77 MILLION PEOPLEREACHING 102 LANGUAGE GROUPS THROUGH BIBLE TRANSLATION. BECAUSE WE BELIEVE THE BIBLE IS FOR ALL PEOPLE, OUR TRANSLATION MINISTRY INCLUDES AUDIO AND VIDEO BIBLES, SIGN LANGUAGE BIBLES, BRAILLE BIBLES, AND BIBLE RESOURCES THAT CONTEXTUALIZE THE GOSPEL MESSAGE FOR DIVERSE CULTURES AND TRADITIONS AROUND THE WORLD. OUR INNOVATIVE TRANSLATION FRAMEWORK ALLOWS US TO ACCURATELY AND EFFICIENTLY TRANSLATE FIRST BIBLES, STUDY BIBLES, AND MODERN LANGUAGE BIBLES FOR THE NEXT GENERATION. WE ALSO DISTRIBUTE THE BIBLE WITH THE AIM OF PLACING GOD'S WORD INTO THE HANDS AND HEARTS OF ALL PEOPLE SEARCHING FOR TRUTH. SINCE OUR FOUNDING, WE HAVE DISTRIBUTED MORE THAN 6.9 BILLION BIBLES WORLDWIDE. OFTEN, OUR BIBLE DISTRIBUTION MINISTRY LEADS US TO THE FRONTLINES OF CONFLICT, WAR, TERRORISM, NATURAL DISASTERS, AND OTHER HUMANITARIAN CRISES. WE JOYFULLY PARTNER WITH LOCAL BIBLE SOCIETIES MINISTERING IN MORE THAN 240 COUNTRIES AND TERRITORIES AROUND THE WORLD TO ENSURE EFFICIENT DISTRIBUTION THROUGH THE LOCAL COMMUNITY. OUR BIBLE SOCIETY PARTNERS ARE EXPERTS ON THEIR NATIONS' CHURCH CULTURES AND HELP US RESPOND TO THE REAL-TIME SCRIPTURE NEEDS OF LOCAL BELIEVERS. IN THE PAST YEAR, WE PROVIDED 16 MILLION PRINT AND DIGITAL BIBLES TO WAITING PEOPLE AROUND THE WORLD. GOD'S WORD FOR PEOPLE IN CRISIS THE BIBLE RESTORES BROKEN HEARTS. OUR BIBLE-BASED TRAUMA HEALING MINISTRY HELPS PEOPLE IN CRISIS FIND PEACE THROUGH THE POWER OF SCRIPTURE. FIRST DEVELOPED IN THE DEMOCRATIC REPUBLIC OF THE CONGO TO HELP PEOPLE REBUILD IN THE AFTERMATH OF WAR AND GENOCIDE, THIS MINISTRY COMBINES MENTAL HEALTH BEST PRACTICES WITH THE POWER OF GOD'S WORD. BY ENGAGING WITH THE BIBLE'S HEALING WORDS IN SAFE, SMALL GROUP SETTINGS, PEOPLE ARE GUIDED TO GIVE THEIR PAIN TO JESUS AND BEGIN THE JOURNEY TO JOY AND RESTORATION. OUR TRAUMA HEALING RESOURCES ADDRESS THE MANY FORMS OF TRAUMA EXPERIENCED BY THE WORLD'S PEOPLE. THESE RESOURCES EQUIP CHURCHES AND AGENCIES IN SERVING POPULATIONS SUFFERING FROM CONFLICT AND WAR, SURVIVORS OF DISASTER, PEOPLE STRUGGLING WITH THE AFTERMATH OF THE COVID-19 PANDEMIC, CHILDREN AND TEENS EXPERIENCING TRAUMA, AND MEMBERS OF THE MILITARY COMMUNITY. FORMATS INCLUDE SMALL GROUPS, ONLINE VIDEO COURSES, AND PRINT AND DIGITAL DOCUMENTS. IN ADDITION, WE SHARE FREE BASIC TRAUMA HEALING RESOURCES TO INCREASE AWARENESS IN THE CHURCH AND EQUIP BELIEVERS TO CARE FOR PEOPLE IN CRISIS. SINCE 2012, THIS MINISTRY HAS BUILT A GLOBAL COMMUNITY OF TRAINED FACILITATORS WHO COME ALONGSIDE LOCAL COMMUNITIES OF FAITH TO SERVE PEOPLE IN CRISIS THROUGH BIBLE-BASED TRAUMA HEALING. THIS YEAR, MORE THAN 2,000 CHURCHES WERE EQUIPPED WITH TRAUMA HEALING RESOURCES AND TRAINING AND MORE THAN 32,000 PEOPLE COMPLETED A HEALING GROUP. GOD'S WORD FOR AMERICA HERE IN THE UNITED STATES, WE ADVOCATE FOR THE BIBLE AS THE LIVING WORD OF GOD AND OUR SUREST SOURCE OF TRUTH. WE ENGAGE AMERICANS WITH THE BIBLE BY PROVIDING RESOURCES AND EXPERIENCES THAT HELP PEOPLE ENCOUNTER AND LIVE OUT THE TRUTHS OF SCRIPTURE. OUR DAILY DEVOTIONALS, PRAYER GUIDES, BIBLE STORIES, AND TEACHINGS ARE UNIQUELY CONTEXTUALIZED TO SERVE A BEAUTIFULLY DIVERSE AUDIENCE OF BELIEVERS AND SEEKERS. OUR ARMED SERVICES MINISTRY SERVES OUR NATION'S BRAVE HEROES BY DISTRIBUTING THE WORD OF GOD TO U.S. MILITARY MEMBERS, VETERANS, AND THEIR FAMILIES. TO DATE, WE HAVE SHARED MORE THAN 60 MILLION BIBLES WITHIN THE MILITARY COMMUNITY. THROUGH A GROWING NETWORK CHAPLAINS AND CHURCH PARTNERS ON THE FRONTLINES OF MILITARY MINISTRY, WE PROVIDE MILITARY-SPECIFIC BIBLE RESOURCES THAT EQUIP MILITARY FAMILIES IN THEIR SERVICE TO OUR NATION. IN THE PAST YEAR, THIS MINISTRY REACHED 435,000 PEOPLE IN THE MILITARY COMMUNITY. JUST AS THE BIBLE'S MESSAGE OF LOVE SHOULD GUIDE EACH OF US IN OUR PERSONAL LIVES AND RELATIONSHIPS, THE BIBLE'S CALL FOR JUSTICE SHOULD ALSO INFORM EVERY CIVIC INSTITUTION. WE HONOR AMERICA'S HERITAGE OF FAITH AND FREEDOM OF EXPRESSION. THROUGH THE FAITH AND LIBERTY DISCOVERY CENTER, WE CELEBRATE AND EXPLORE THE BIBLE. |
| FORM 990, PART VI, SECTION B, LINE 11B |
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 |
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 |
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 |
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 TO THE EXTENT REQUIRED BY LAW AND AT MANAGEMENT'S DISCRETION. |
| FORM 990, PART VI, LINE 1A & 1B AND PART VII |
THE BIBLE SOCIETY IS REPORTING XX MEMBERS OF THE BOARD OF DIRECTORS. SINCE ONE MEMBER OF THE BOARD WAS COMPENSATED, THE BIBLE SOCIETY IS REPORTING XX 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 6,383,920. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 931,593. DEPRECIATION IN FAIR VALUE OF THIRD PARTY TRUSTS -3,936,409. |
Attach to Form 990 or 990-EZ.