DOCSLIB.ORG

2019 Financial Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2019 Financial Report BIBLE STUDY FELLOWSHIP AND AFFILIATES Consolidated and Combined Financial Statements With Independent Auditors’ Report August 31, 2019 and 2018 BIBLE STUDY FELLOWSHIP AND AFFILIATES Table of Contents Page Independent Auditors’ Report 1 Consolidated and Combined Financial Statements Consolidated and Combined Statements of Financial Position 3 Consolidated and Combined Statements of Activities 4 Consolidated and Combined Statement of Functional Expenses–2019 5 Consolidated and Combined Statement of Functional Expenses–2018 6 Consolidated and Combined Statements of Cash Flows 7 Notes to Consolidated and Combined Financial Statements 8 Supplementary Information Independent Auditors’ Report on Supplementary Information 23 Consolidating and Combining Statement of Financial Position–2019 24 Consolidating and Combining Statement of Activities–2019 26 INDEPENDENT AUDITORS’ REPORT Board of Directors Bible Study Fellowship and Affiliates San Antonio, Texas We have audited the accompanying consolidated and combined financial statements of Bible Study Fellowship and Affiliates, which comprise the consolidated and combined statements of financial position as of August 31, 2019 and 2018, and the related consolidated and combined statements of activities, functional expenses, and cash flows for the years then ended, and the related notes to the consolidated and combined financial statements. Management’s Responsibility for the Consolidated and Combined Financial Statements Management is responsible for the preparation and fair presentation of these consolidated and combined financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated and combined financial statements that are free from material misstatement, whether due to fraud or error. Auditors’ Responsibility Our responsibility is to express an opinion on these consolidated and combined financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated and combined financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated and combined financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the consolidated and combined financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the consolidated and combined financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated and combined financial statements. 1000 Texan Trail, Suite 125 Grapevine, TX 76051 817.328.6510 capincrouse.com Board of Directors Bible Study Fellowship and Affiliates San Antonio, Texas Opinion In our opinion, the consolidated and combined financial statements referred to above present fairly, in all material respects, the consolidated and combined financial position of Bible Study Fellowship and Affiliates as of August 31, 2019 and 2018, and the changes in their net assets and cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Grapevine, Texas January 13, 2020 -2- BIBLE STUDY FELLOWSHIP AND AFFILIATES Consolidated and Combined Statements of Financial Position August 31, 2019 2018 ASSETS: Cash and cash equivalents $ 2,624,461 $ 5,421,237 Cash in foreign bank accounts/classes 2,407,333 1,914,604 Pledges and estate receivables–net 2,647,800 851,046 Area advisor advances and other receivables 605,779 745,825 Prepaid expenses and other assets 527,684 978,185 Investments 25,874,420 21,418,143 Beneficial interest in trust agreements 123,363 125,881 Property, plant, and equipment–net 13,836,834 12,115,805 Total Assets $ 48,647,674 $ 43,570,726 LIABILITIES AND NET ASSETS: Liabilities: Accounts payable and accrued expenses $ 637,526 $ 609,265 Deferred retreat registration revenue - 507,894 637,526 1,117,159 Net assets: Net assets without donor restrictions 43,770,701 40,027,140 Net assets with donor restrictions: Restricted by purpose or time 4,232,577 2,419,557 Restricted in perpetuity 6,870 6,870 4,239,447 2,426,427 48,010,148 42,453,567 Total Liabilities and Net Assets $ 48,647,674 $ 43,570,726 See notes to consolidated and combined financial statements -3- BIBLE STUDY FELLOWSHIP AND AFFILIATES Consolidated and Combined Statements of Activities Year Ended August 31, 2019 2018 Without Donor With Donor Without Donor With Donor Restrictions Restrictions Total Restrictions Restrictions Total SUPPORT AND REVENUE: Contributions: United States $ 21,715,445 $ 3,140,066 $ 24,855,511 $ 21,016,822 $ 1,585,395 $ 22,602,217 International 2,962,245 1,322,677 4,284,922 2,744,775 1,519,918 4,264,693 Leadership training retreats 564,083 - 564,083 4,962,869 - 4,962,869 Investment income 316,143 - 316,143 1,164,362 - 1,164,362 Miscellaneous income 19,887 - 19,887 32,111 - 32,111 Total Support and Revenue 25,577,803 4,462,743 30,040,546 29,920,939 3,105,313 33,026,252 NET ASSETS RELEASED: Purpose restrictions 2,207,027 (2,207,027) - 3,437,074 (3,437,074) - Time restrictions 442,696 (442,696) - 385,561 (385,561) - Total Net Assets Released 2,649,723 (2,649,723) - 3,822,635 (3,822,635) - EXPENSES: ` Classes: United States 17,351,278 - 17,351,278 16,147,072 - 16,147,072 International 2,620,179 - 2,620,179 2,968,923 - 2,968,923 Leadership training retreats 845,834 - 845,834 5,964,643 - 5,964,643 20,817,291 - 20,817,291 25,080,638 - 25,080,638 Administration 3,666,674 - 3,666,674 3,255,931 - 3,255,931 Total Expenses 24,483,965 - 24,483,965 28,336,569 - 28,336,569 Change in Net Assets 3,743,561 1,813,020 5,556,581 5,407,005 (717,322) 4,689,683 Net Assets, Beginning of Year 40,027,140 2,426,427 42,453,567 34,620,135 3,143,749 37,763,884 Net Assets, End of Year $ 43,770,701 $ 4,239,447 $ 48,010,148 $ 40,027,140 $ 2,426,427 $ 42,453,567 See notes to consolidated and combined financial statements -4- BIBLE STUDY FELLOWSHIP AND AFFILIATES Consolidated and Combined Statement of Functional Expenses Year Ended August 31, 2019 Leadership Leadership Production Local Training Total Program Training Expenses Classes Retreats Expenses Administration Total Salaries and benefits $ 5,138,178 $ 1,087,448 $ - $ - $ 6,225,626 $ 1,853,533 $ 8,079,159 Church facilities - - 4,108,354 - 4,108,354 - 4,108,354 Information technology 822,252 183,681 - - 1,005,933 320,281 1,326,214 Shipping and printing - 2,032,112 - 2,032,112 - 2,032,112 Retreat lodging, meals, and other related expenses 1,063,836 - - 845,834 1,909,670 - 1,909,670 Professional services 1,185,657 29,603 - - 1,215,260 307,311 1,522,571 Administrative support 73,478 770 536,134 - 610,382 513,940 1,124,322 Facilities 471,371 423,355 - - 894,726 158,114 1,052,840 Depreciation 588,688 233,119 - - 821,807 166,165 987,972 Area advisor expenses 976,867 - - - 976,867 - 976,867 Travel 457,266 564 - - 457,830 2,765 460,595 Insurance 18,693 - 28,139 - 46,832 285,518 332,350 Screening volunteers - - 259,212 - 259,212 - 259,212 Miscellaneous 111,968 42,368 - - 154,336 59,047 213,383 Children’s supplies - - 98,344 - 98,344 - 98,344 Total Expenses $ 10,908,254 $ 4,033,020 $ 5,030,183 $ 845,834 $ 20,817,291 $ 3,666,674 $ 24,483,965 See notes to consolidated and combined financial statements -5- BIBLE STUDY FELLOWSHIP AND AFFILIATES Consolidated and Combined Statement of Functional Expenses Year Ended August 31, 2018 Leadership Leadership Production Local Training Total Program Training Expenses Classes Retreats Expenses Administration Total Salaries and benefits $ 4,336,916 $ 1,077,300 $ - $ - $ 5,414,216 $ 1,860,738 $ 7,274,954 Retreat lodging, meals, and other related expenses 1,257,498 14,904 - 5,964,643 7,237,045 19,814 7,256,859 Church facilities - - 4,189,372 - 4,189,372 - 4,189,372 Shipping and printing - 1,931,830 - - 1,931,830 - 1,931,830 Area advisor expenses 1,398,283 - - - 1,398,283 - 1,398,283 Professional services 931,190 22,731 4,116 - 958,037 210,333 1,168,370 Facilities 432059 430,566 - - 862,625 147,245 1,009,870 Administrative support 65,770 941 389,938 - 456,649 410,079 866,728 Depreciation 534,906 221,047 - - 755,953 134,285 890,238 Information technology 437,568 122,528 - - 560,096 204,749 764,845 Travel 714,711 - - - 714,711 2,960 717,671 Insurance 16,307 - 28,157 - 44,464 229,787 274,251 Screening volunteers - - 189,985 - 189,985 - 189,985 Children’s supplies - - 119,229 - 119,229 - 119,229 Miscellaneous 223,043 13,319 11,781 - 248,143 35,941 284,084 Total Expenses $ 10,348,251 $ 3,835,166 $ 4,932,578 $ 5,964,643 $ 25,080,638 $ 3,255,931 $ 28,336,569 See notes to consolidated and combined financial statements -6- BIBLE STUDY FELLOWSHIP AND AFFILIATES Consolidated and Combined Statements of
Load more

Recommended publications
  • Download a Pdf File of This Issue for Free
    Issue 92: America’s 20th Century Evangelical Awakening A New Evangelical Awakening: Did You Know? Interesting and Little Known Facts about America's Mid Century Evangelical Resurgence "Mr. Evangelical" One of the most important 20th-century shapers of modern evangelicalism was a man whose name is unknown to most evangelicals today: Harold John Ockenga (AH-ken-gay). During his lifetime Ockenga served as founder and first president of the National Association of Evangelicals; president of the American Board of the World Evangelical Fellowship; president, co—founder, and later Chairman of the Board of Fuller Theological Seminary; Chairman of the Board of CHRISTIANITY TODAY magazine; a member of the board of the Billy Graham Evangelistic Association; pastor of historic Park Street Church in Boston for more than three decades; and the founding president of Gordon-Conwell Theological Seminary. His remarkable oratorical skills and visionary speeches made him evangelicalism's most trusted voice for decades. Billy Graham, whose fame has now eclipsed his mentor, claimed that he never made a major decision in his life without first consulting Ockenga. [See America's Hour Has Struck for more about Ockenga.] —contributed by Garth Rosell Election redirection The New Evangelicals were determined to infuse the public square—including the political arena‐ with the truths of Christianity. In the midst of the 1952 presidential campaign, a group of Christians led by former Youth for Christ president Torrey Johnson held their own "campaign" on the heels of the Democratic National Convention in Chicago in an attempt to spark discussion of spiritual issues. "We feel the time has come when the entire nation should pray for guidance in the coming elections," Johnson said.
    [Show full text]
  • Saint George's Church Tanglin
    Sunday, 7th July 2019 SAINT GEORGE’S CHURCH TANGLIN Bishop of Singapore: The Rt Rev Rennis Ponniah The Diocese of Singapore Every person complete in Christ - Colossians 1:28 WELCOME to St. George’s today! Please stay for refreshments after church. You can also visit the Welcome Corner to find out more about our ministries and activities. An air-conditioned nursery is available for infants in the Vestry. THE COLLECT FOR 3rd SUNDAY AFTER TRINITY Almighty God, you have broken the tyranny of sin and have sent the Spirit of your Son into our hearts whereby we call you Father. Give us grace to dedicate our freedom to your service, that all mankind may be brought to the glorious liberty of the sons of God; through Jesus Christ our Lord. AMEN. If you would like to pray with someone in confidence after the service, our Prayer Team will be available in the seats in front of the organ. 1 8.00AM HOLY COMMUNION Order of Service- Refer to the 8.00am red service book PROCESSIONAL HYMN 175 Come Down, O Love Divine WELCOME Kenneth Tan THE PREPARATION (pg 1) THE COLLECT PSALM Psalm 34: 1 - 22 (pg 396) Kenneth Tan 2ND READING 1 Peter 3: 8 - 22 (pg 858) Brian Tan PRAYER FOR CHILDREN AND YOUTH HYMN 321 Rise And Hear! GOSPEL READING Luke 10: 1 - 11, 16 - 20 (pg 734) Kenneth Tan SERMON Confident In Christ Rev Philip Sinden THE NICENE CREED (pg 2) INTERCESSIONS (pg 4) Doug Harrison ANNOUNCEMENTS THE PEACE (pg 5) OFFERTORY HYMN 304 Here, O My Lord THE SUMMARY OF THE LAW (pg 5) HOLY COMMUNION / AFTER COMMUNION (pg 11) Please use the communal chalice for dipping the wafer only (intinction); individual cups of wine are available in the aisles for those who wish to drink.
    [Show full text]
  • Annual Report 2005
    Annual Report 2016 Mount Carmel BP Church I. GENERAL 1.0 Session Rev Oh Boon Leong (Moderator), Dn Agus Djunaedi (Clerk of Session), Eld Yeo Siew Yam (Standing Committee Chairman), Dns Samantha Tsang (Treasurer), Eld Bruce Lockhart (Chairman of Board of Elders), Eld Ho Peng Kee, Rev Peter Teo, Rev Lim Kheng Hai, Dn Jonathan Lum Yan Thong, Dn Loh Pin Chuan, Dn Adrian Wong Wei Ern, Dn Kelvin Teo Yoong Huat, Dns Serene Lim Kit Ping, Dn Foo Kim Peng, Dn David Chua. 2.0 Membership As of 30 November there were 1075 members (including 95 living overseas) 3.0 Church Staff Movement 3.1 Ps Tang Bin left on 19 March 2016. 3.2 Erh Pheck Hoon joined the church office admin team on 1 Aug 2016. 3.3 Fiona Yang left on 31 August 2016. 3.4 The pastoral staff went to Kota Kinabalu for retreat on 21-25 August 2016. II. WORSHIP SERVICES 4.0 Worship Services 4.1 Attendances Average attendance of the worship services were as follows: 1st Service (including Youth service) 429 (433 in 2015) 2nd Service 346 (340 in 2015) Saturday Evening Service 94 ( 91 in 2015) Chinese Service 152 (163 in 2015) Sunday Evening Mandarin Service 116 (154 in 2015) Filipino (Rhoda) Service 15 ( 17 in 2015) 4.2 Worship Ministry Pursuing Holiness - Serving With Excellence - Love In All Things “Finally, brothers and sisters, whatever is true, whatever is noble, whatever is right, whatever is pure, whatever is lovely, whatever is admirable—if anything is excellent or praiseworthy— think about such things.” Philippians 4:8 We thank God for the faithfulness of our fellow brothers and sisters in Christ in their continued service in the worship ministry.
    [Show full text]
  • Grace Church Directory
    Grace Church Directory The Grace Church Directory was updated on the Internet from 1995-2011 by Mark McGee and Chris Johnson from 2011- June 2014. Pastor Dwight Anderson was asked to take over as webmaster, June 30, 2014. Please Email us with any updates or additions- [email protected] I will be working to update each entry as I get feedback and info. We depend on everyone helping us to keep this as current and accurate as possible. Thank You! Alabama Coden Bible Church: Coden (Pastor Arthur L. Watkins) Grace Bible Church: Fairhope (Pastor Nate Lippencott) Forest Park Bible Church: Mobile (Pastor William Lange) https://www.facebook.com/Forest-Park-Bible-Church-158624070840 382/ Greystone Bible Church: Mobile (Pastor Glen Beauchamp) www.greystonebiblechurch.org Grace Bible Church: Montgomery (Pastor Steve Gotberg) Faith Bible Church: Prattville (Pastor Gilbert Schellin) Grace Bible Fellowship: Rogersville (Brother Alan Jaynes) in northern Alabama Grace Bible Church: Billingsley, AL Pastor Eric Neumann https://www.youtube.com/user/bibledivider/videos (added June 5, 2015) Berean Bible Church: Arab, Alabama 10:30 Sundays 256 298 0770 Pastor Jack Lockhart (updated Nov.27,2017) Arizona Berean Advocate Ministry: Chandler Grace Bible Church: Glendale (Pastor Josh White) Pathway Bible Church: Litchfield Park Grace Berean Bible Church: Mesa Southwest Bible Fellowship: Tempe (Pastor Rick Jordan Jr.) www.butnow.org West Valley Grace Fellowship: Surprise (Pastor Mark Dilley) 623-583-4186 Arkansas Central Grace Fellowship: Little Rock Grace Fellowship
    [Show full text]
  • Copyright © 2016 Lou Yang Cha All Rights Reserved. the Southern
    Copyright © 2016 Lou Yang Cha All rights reserved. The Southern Baptist Theological Seminary has permission to reproduce and disseminate this document in any form by any means for purposes chosen by the Seminary, including, without limitation, preservation or instruction. FAMILY MINISTRY PERCEPTIONS AND PRACTICES IN HMONG CHRISTIAN AND MISSIONARY ALLIANCE CHURCHES: A MULTIPLE-CASE STUDY A Dissertation Presented to the Faculty of The Southern Baptist Theological Seminary In Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy by Lou Yang Cha May 2016 APPROVAL SHEET FAMILY MINISTRY PERCEPTIONS AND PRACTICES IN HMONG CHRISTIAN AND MISSIONARY ALLIANCE CHURCHES: A MULTIPLE-CASE STUDY Lou Yang Cha Read and Approved by: __________________________________________ Timothy Paul Jones (Chair) __________________________________________ Shane W. Parker __________________________________________ M. David Sills Date______________________________ All praise and glory be to God in Christ, the Author and Perfecter of His everlasting kingdom, the Savior and Redeemer of all nations and peoples, and the Sovereign LORD over all creation. TABLE OF CONTENTS Page LIST OF ABBREVIATIONS ........................................................................................... vii LIST OF TABLES ......................................................................................................... viii LIST OF FIGURES .......................................................................................................... ix PREFACE
    [Show full text]
  • Fundamentalism in Singapore
    Fundamentalism in Singapore Christianity Enters Singapore The inception of modern Singapore can be traced to the arrival of Sir Stanford Raffles on the shores of Singapore nearly 200 years ago on 29th January 1819. Together with the British colonialists who transformed this sleepy island into the thriving port city it is today, there was also the introduction of Christianity into the land. The early inroads of Christianity can therefore be said to have begun when the British fleet first took anchor off the coast of Singapore. Early Streams of Influences According to Singapore church historian Bobby Sng, there were four main streams of Christian influences that converged on the island in the first 80 years of Singapore’s existence. Each had its own distinctive contribution towards the growth of the church.1 The first two streams, that of the ‘members of the Western mercantile community’ and the ‘Straits Chinese community in Malacca’ failed to have any lasting impact on the local church scene, for by and large their efforts were weak evangelistically and generally were established for the benefit of their own people. The next two streams, of the missionaries and the Christian immigrants from India and China had a somewhat more successful influence in growing local community, with the establishment of churches and schools, especially towards the latter half of the century. Each of these streams of influences also saw their bright sparks, with individuals, organizations and churches who did contribute much towards the advancement of Christianity in Singapore. Yet this whole period, of 1819 to the turn of the century can generally said to be lacklustre and muted.
    [Show full text]
  • A Legacy of Faith
    A Legacy Anne Graham Lotz carries on her father's tradition of saving souls—even her own aring for three small childrea had begun to wear on Anne Graham Lotz. "I was so £nis trated with being in a small house with small children, small sticky fingerprints and small clothes and small toys and small words/' she recalls of her life as a housewife 25 years ago. **1 took it out on them, losing my temper." That may be understandable for many young mothers, but Lotz is the daughter of evangelist Billy Graham and holds herself to "She uses some of the same motions her father did—like what I call the two-pistot gesture," says Gra i feel it's a sacred trust, says Lotz ham biographer (with Graham in '92) of her lineage. William Martin of Lotz. PEOPLE 9/11/00 153 higher standards—not just her fa by three full-time staffers, a $1.5 ther's, but God's. After attending the million budget and a pack of volun Lausanne conference on evangelism teers, Lotz, who doesn't charge a in Switzerland in 1974, Lotz was in fee, is currently in the midst of a spired to invite some neighbors to five-city revivaltour called "Just her home in Raleigh, N.C., to share Give Me Jesus"—not coincidentaliy her faith—without saying why until the title of her recently published after they arrived. "One cried," re third book—that will take her to calls Lotz, 52. "One got afraid, one Kansas City, Mo., this month and left." San Diego in October.
    [Show full text]
  • ANNUAL REPORT 2018/2019 PART 1 MINISTRY Reports
    ANNUAL REPORT 2018/2019 PART 1 MINISTRY ReportS CHURCH OF CHRIST FELLOWSHIP CLAYTON INC. Contents OUR VISION + OUR SHARED ENRICH 04 FUTURE 25 Over 50s Ministry SENIOR PASTOR’S REPORT MEN’S BSF 06 Numbers At A Glance 26 26 WOMEN’S BSF AN ENABLING CHURCH CONNECT MINISTRY A church enabled by strong governance and the right 26 Newcomers operational support JI EN MINISTRY 27 Chinese 10 CHURCH BOARD REPORT CHURCH FINANCES 12 A LOCAL CHURCH A church walking alongside stakeholders to 14 OPERATIONS REPORT transform Clayton A CHRIST-CENTRED GATHERED 28 COMMUNITY ENGAGEMENT CHURCH A church thriving in groups gathered around Jesus 29 PLAYGROUP MINISTRY MIGRANT ENGLISH MINISTRY 16 SUNDAY GATHERINGS 30 WEDNESDAY CAFE PRAYER MINISTRY 30 18 CAFE CARE 31 Clayton Church partner 18 CARE MINISTRY 19 NEXT GENERATION A GLOBAL CHURCH CHILDREN MINISTRY A church reaching the unreached people groups 20 Creche, Star Kids, Mighty Kids EMERGE 22 GLOBAL MISSIONS Youth and Campus Ministry 32 YOUNG ADULTS MINISTRY 23 33 GLOBAL WORKERS EMBRACE 24 Women’s Ministry EMPOWER 25 Men’s Ministry 3 Our vision is to build disciples who represent Jesus to everyone, everywhere, with everything. 4 OUR SHARED FUTURE As we build these disciples, we believe we will see…. An enabling Church enabled by strong governance and the right operational support A church that builds an adaptability in its governance and operations to enable and empower the fulfilment of the vision. A church that is above reproach as an organisation, that faithfully stewards its resources and cultivates healthy accountability and empowerment of its people. A Christ-Centred Gathered Church thriving in groups gathered around Jesus A church thriving in groups gathered around Jesus.
    [Show full text]
  • Three Earlier Crises in the Bible-Presbyterian Church That Affected the Far Eastern Bible College
    THE BURNING BUSH Theological Journal of the FAR EASTERN BIBLE COLLEGE Edited for the Faculty Rev Jeffrey Khoo, BTh, MDiv, STM, PhD Principal, and Lecturer in Systematic Theology Mrs Ivy Tow, BTh Rev Stephen Khoo, BTh, MDiv, MA Matron, and Lecturer in Greek Lecturer in Biblical Studies Rev Quek Suan Yew, BArch, BTh, MDiv, STM, ThD Rev Tan Kian Sing, BEng, GDBA, MDiv Academic Dean, and Lecturer in Old Testament Lecturer in New Testament Rev Prabhudas Koshy, BSc, BTh, MDiv, ThM, ThD Mrs Jemima Khoo, BTh, MA, MRE Dean of Students, and Lecturer in Hebrew Lecturer in Christian Education Rev Koa Keng Woo, BTh Miss Carol Lee, BBA, DipEd, MEd, MDiv Lecturer in Bible Geography and Church Music Lecturer in Christian Education Editor : Jeffrey Khoo Publisher : Far Eastern Bible College Website : www.febc.edu.sg Permit : MICA (P) 057/03/2012 Printer : Chung Printing The Burning Bush (ISSN 0219-5984) is published bi-annually in January and July, and contains theological papers, sermons, testimonies, book reviews, College news, and alumni reports. Articles are indexed in the Christian Periodical Index. The journal is distributed gratis to the FEBC family and Bible-Presbyterian churches, and available online at www.febc.edu.sg. Local/Foreign subscription rates in Singapore dollars: one year—$8/ $16; two years—$15/$30; back issues—$4/$8 per copy. Make cheques payable to “Far Eastern Bible College.” Please direct all correspondence to: The Editor, The Burning Bush Far Eastern Bible College 9A Gilstead Road, Singapore 309063 Republic of Singapore The Burning Bush ISSN 0219-5984 July 2012 Volume 18 Number 2 FAITHFULNESS IN HIS MAJESTY’S SERVICE .......................
    [Show full text]
  • Arpc: Always Reaching People for Christ 2021 Handbook
    ARPC: ALWAYS REACHING PEOPLE FOR CHRIST 2021 HANDBOOK BACK TO BASICS BACK TO JESUS 2021 Handbook Back to Basics, Back to Jesus A WORD FROM CHRISTOPHER CHIA, SENIOR PASTOR Life before and a!er COVID-19 is an ocean of contrast. Oh, 2. Our theme for 2021 is intentionally “Back to Basics, Back how we all miss the freedom to travel and surround our- to Jesus”. selves with beauty, especially of nature. If this pandemic has revealed a game-changing lesson I love nature. The beauty, vastness and wildness of for us, it might be this: We must distinguish between sal- nature has a way of humbling us. Nature declares God as vation presumed and salvation affirmed. Jesus condemned mighty Creator and we as mere creatures (Romans 1:20). Na- the presumption of the Pharisees. He affirmed the confes- ture shouts the glory of God and the glory of us bearing his sion of sinners. image (Psalm 8). We may have found our presumed salvation shaken to COVID-19 has turned the beauty of life on its head. This the core by COVID-19. virus completely caught us by surprise. An invisible virus has Our prayer life in coma, our Godliness shot to bits, our surrounded us with love decimated. As such visible ugliness physical church shut of life – the reality of down, physical fel- disease and death. lowship dried up and God, howev- cabin fever sins shot er, was not caught up – all the basics of off guard. A simple our presumed Chris- way to understand tian life fell off.
    [Show full text]
  • Mentoring Leaders for Kingdom Ministry at Davis Chinese Christian Church
    Please HONOR the copyright of these documents by not retransmitting or making any additional copies in any form (Except for private personal use). We appreciate your respectful cooperation. ___________________________ Theological Research Exchange Network (TREN) P.O. Box 30183 Portland, Oregon 97294 USA Website: www.tren.com E-mail: [email protected] Phone# 1-800-334-8736 ___________________________ ATTENTION CATALOGING LIBRARIANS TREN ID# Online Computer Library Center (OCLC) MARC Record # Digital Object Identification DOI # Ministry Focus Paper Approval Sheet This ministry focus paper entitled MENTORING LEADERS FOR KINGDOM MINISTRY AT DAVIS CHINESE CHRISTIAN CHURCH Written by HOWARD H. CHANG and submitted in partial fulfillment of the requirements for the degree of Doctor of Ministry has been accepted by the Faculty of Fuller Theological Seminary upon the recommendation of the undersigned readers: _____________________________________ Robert E. Logan _____________________________________ Kurt Fredrickson Date Received: March 30, 2016 MENTORING LEADERS FOR KINGDOM MINISTRY AT DAVIS CHINESE CHRISTIAN CHURCH A DOCTORAL PROJECT SUBMITTED TO THE FACULTY OF THE SCHOOL OF THEOLOGY FULLER THEOLOGICAL SEMINARY IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE DOCTOR OF MINISTRY BY HOWARD H. CHANG MARCH 2016 ABSTRACT Mentoring Leaders for Kingdom Ministry at Davis Chinese Christian Church Howard H. Chang Doctor of Ministry School of Theology, Fuller Theological Seminary 2016 This doctoral project proposes to establish a lay leadership mentoring initiative in the English Ministry of Davis Chinese Christian Church (DCCC) in Davis, California. The church looks back at a forty-year history to see a faithful generation that served the community. The church met the challenge to make disciples of those affiliated with the University of California, Davis just a block south of the church property.
    [Show full text]
  • Financial Statements with Independent Auditors’ Report
    BIBLE STUDY FELLOWSHIP AND AFFILIATES Consolidated and Combined Financial Statements With Independent Auditors’ Report August 31, 2018 and 2017 BIBLE STUDY FELLOWSHIP AND AFFILIATES Table of Contents Page Independent Auditors’ Report 1 Consolidated and Combined Financial Statements Consolidated and Combined Statements of Financial Position 3 Consolidated and Combined Statements of Activities 4 Consolidated and Combined Statement of Functional Expenses–2018 5 Consolidated and Combined Statement of Functional Expenses–2017 6 Consolidated and Combined Statements of Cash Flows 7 Notes to Consolidated and Combined Financial Statements 8 Supplementary Information Independent Auditors’ Report on Supplementary Information 23 Consolidating and Combining Statement of Financial Position–2018 24 Consolidating and Combining Statement of Activities–2018 26 INDEPENDENT AUDITORS’ REPORT Board of Directors Bible Study Fellowship and Affiliates San Antonio, Texas We have audited the accompanying consolidated and combined financial statements of Bible Study Fellowship and Affiliates, which comprise the consolidated and combined statements of financial position as of August 31, 2018 and 2017, and the related consolidated and combined statements of activities, functional expenses, and cash flows for the years then ended, and the related notes to the consolidated and combined financial statements. Management’s Responsibility for the Consolidated and Combined Financial Statements Management is responsible for the preparation and fair presentation of these consolidated and combined financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated and combined financial statements that are free from material misstatement, whether due to fraud or error.
    [Show full text]