Skip to main content

Nonprofit · EIN 20-8667680

BIBLE EDUCATION LEGACY FUND INC

Tax-exempt · SCOTTSDALE, AZ 85260

Financials

$213K$1.1M2023$983K$509K2024
Revenue Expenses · by fiscal year end
Financials of BIBLE EDUCATION LEGACY FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$982,607$508,613$473,994$11,787,281$52,690$11,734,591
June 30, 2024990$213,265$1,073,811-$860,546$11,036,155$72,552$10,963,603
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$742,207
Program service revenue
$60,000
Investment income
$180,400
Net gain from sales of assets
$38,263
Other revenue
$0

Expenses

Grants and similar amounts paid
$201,937
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,289
Accounting fees
$4,413
Depreciation
$246,231
Program services (functional)
$465,235
Management and general (functional)
$43,378

Balance sheet and other

Total assets, start of year
$11,036,155
Total assets, end of year
$11,787,281
Total liabilities, end of year
$52,690
Net assets, end of year
$11,734,591
Land, buildings and equipment
$7,172,202
Publicly traded securities
$3,728,846
Net assets without donor restrictions
$9,892,423
Net assets with donor restrictions
$1,842,168
Gross receipts
$2,839,548
Employees
0
Volunteers
4
Year formed
2006
State of legal domicile
AZ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
GARY DAMOREPRESIDENT
Trustee or director, Officer
1$0
JON HERMANSONVICE PRESIDENT
Trustee or director, Officer
1$0
KEN BECKEMEYERTRUSTEE
Trustee or director, Officer
1$0
BILL BARTLETTTRUSTEE
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
GARY DAMOREPRESIDENT
Trustee or director, Officer
1$0
JON HERMANSONVICE PRESIDENT
Trustee or director, Officer
1$0
KEN BECKEMEYERTRUSTEE
Trustee or director, Officer
1$0
BILL BARTLETTTRUSTEE
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
7901 E SHEA BLVD, SCOTTSDALE, AZ 85260-5510
In care of
%
Principal officer (990 for 2024)
GARY DAMORE, 7901 EAST SHEA BLVD, SCOTTSDALE, AZ 85260
Signed the 990
GARY DAMORE, PRESIDENT
Phone
(602) 850-8000
Return prepared by
EIDE BAILLY LLP

Mission

N/A

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION MANAGED PROPERTY FOR THE BENEFIT OF PHOENIX SEMINARY, ITS SUPPORTED ORGANIZATION. IT ALSO GRANTED $24,068 TO PHOENIX SEMINARY ALLOWING PHOENIX SEMINARY TO PROVIDE SCHOLARSHIPS TO 15 STUDENTS DURING THE FISCAL YEAR. ADDITIONALLY, IT GRANTED $71,869 FOR FACULTY SALARIES IN PASTORAL THEOLOGY. WE ALSO SUPPORTED PHOENIX SEMINARY WITH GENERAL GRANTS OF 106,000.
    Expenses $465,235 · grants $201,937 · revenue $60,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-8667680
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2008
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,787,281
Income (IRS master file)
$2,839,548

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$982,607$508,613$11,787,281XML
990June 2024$213,265$1,073,811$11,036,155XML
990June 2023$128,070$1,231,017$11,698,857IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8667680).

Questions about BIBLE EDUCATION LEGACY FUND INC

What is the EIN of BIBLE EDUCATION LEGACY FUND INC?
The employer identification number (EIN) of BIBLE EDUCATION LEGACY FUND INC is 20-8667680.
Is BIBLE EDUCATION LEGACY FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to BIBLE EDUCATION LEGACY FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BIBLE EDUCATION LEGACY FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BIBLE EDUCATION LEGACY FUND INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BIBLE EDUCATION LEGACY FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BIBLE EDUCATION LEGACY FUND INC?
The 990 for the year ended June 30, 2025 names GARY DAMORE.
Who are the officers and directors of BIBLE EDUCATION LEGACY FUND INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does BIBLE EDUCATION LEGACY FUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $982,607, expenses of $508,613 and total assets of $11,787,281 at year end.

Other nonprofits in SCOTTSDALE

All nonprofits in SCOTTSDALE · Arizona · Philanthropy, voluntarism and grantmaking foundations