Biblical Studies Foundation

Richardson, TX
Tax-exempt since Dec. 1995
EIN: 75-2572778

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Religion Related, Spiritual Development N.E.C. (NTEE)

Donations to this organization are tax deductible.

Revenue

$596k (2024)

Expenses

$385k (2024)

Total Assets

$2.12M (2024)

Total Liabilities

$2.22k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$596,397

Expenses

$385,125

Net Income

$211,272

Net Assets

$2,112,941

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$320,181	53.7%
Interest Revenue	$0
Dividends	$209,598	35.1%
Sales of Assets	$0
Other Income	$15,522	2.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$265,179	68.9%
Compensation of Officers*	$52,000	13.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,115,164
Total Liabilities	$2,223
Net Assets	$2,112,941

Compensation

Key Employees and Officers	Compensation	Other
John H Keathley (Director)	$52,000	$0
Joe Head (President)	$0	$0
Patsy Head (Vice President)	$0	$0
Dori Head (Director)	$0	$0

+ View more people

990-PF

Filed on May 2, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$364,539

Expenses

$353,846

Net Income

$10,693

Net Assets

$1,901,669

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$238,606	65.5%
Interest Revenue	$0
Dividends	$4,714	1.3%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$324,266	91.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,901,669
Total Liabilities	$0
Net Assets	$1,901,669

Compensation

Key Employees and Officers	Compensation	Other
Joe Head (President)	$0	$0
Patsy Head (Vice President)	$0	$0
Dori Head (Director)	$0	$0
John H Keathley (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$356,826

Expenses

$318,201

Net Income

$38,625

Net Assets

$1,890,976

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$210,519	59.0%
Interest Revenue	$57	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$95,225	29.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,890,976
Total Liabilities	$0
Net Assets	$1,890,976

Compensation

Key Employees and Officers	Compensation	Other
Joe Head (President)	$0	$0
Patsy Head (Vice President)	$0	$0
Dori Head (Director)	$0	$0

990-PF

Filed on Aug. 3, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$930,132

Expenses

$234,624

Net Income

$695,508

Net Assets

$1,852,351

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$794,605	85.4%
Interest Revenue	$57	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$92,914	39.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,852,351
Total Liabilities	$0
Net Assets	$1,852,351

Compensation

Key Employees and Officers	Compensation	Other
Joe Head (President)	$0	$0
Patsy Head (Vice President)	$0	$0
Dori Head (Director)	$0	$0

990-PF

Filed on Nov. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$314,377

Expenses

$271,536

Net Income

$42,841

Net Assets

$1,156,843

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$175,496	55.8%
Interest Revenue	$123	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$111,049	40.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,180,064
Total Liabilities	$23,221
Net Assets	$1,156,843

Compensation

Key Employees and Officers	Compensation	Other
Joe Head (President)	$0	$0
Patsy Head (Vice President)	$0	$0
Dori Head (Director)	$0	$0

990-PF

Filed on Nov. 16, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$677,202

Expenses

$286,688

Net Income

$390,514

Net Assets

$1,114,002

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$554,888	81.9%
Interest Revenue	$225	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$92,342	32.2%
Compensation of Officers*	$13,715	4.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,115,083
Total Liabilities	$1,081
Net Assets	$1,114,002

Compensation

Key Employees and Officers	Compensation	Other
Joe Head (President)	$0	$0
Patsy Head (Vice President)	$0	$0
Dori Head (Director)	$0	$0

990-PF

Filed on Nov. 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2018

Revenue

$509,588

Expenses

$409,856

Net Income

$99,732

Net Assets

$723,488

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$275,768	54.1%
Interest Revenue	$201	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$287,924	70.3%
Compensation of Officers*	$129,100	31.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$724,614
Total Liabilities	$1,126
Net Assets	$723,488

Compensation

Key Employees and Officers	Compensation	Other
Joe Head (President)	$129,100	$0
Patsy Head (Vice President)	$0	$0
Dori Head (Director)	$0	$0

990-PF

Filed on July 17, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$554,244

Expenses

$406,772

Net Income

$147,472

Net Assets

$623,756

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$282,406	51.0%
Interest Revenue	$184	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$4,846	0.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$278,146	68.4%
Compensation of Officers*	$129,100	31.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$670,462
Total Liabilities	$46,706
Net Assets	$623,756

Compensation

Key Employees and Officers	Compensation	Other
Joe Head (President)	$129,100	$0
Patsy Head (Vice President)	$0	$0
Dori Head (Director)	$0	$0

990-PF

Filed on Nov. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$360,056

Expenses

$411,923

Net Income

-$51,867

Net Assets

$476,284

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$194,835	54.1%
Interest Revenue	$173	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$293,668	71.3%
Compensation of Officers*	$128,662	31.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$476,660
Total Liabilities	$376
Net Assets	$476,284

Compensation

Key Employees and Officers	Compensation	Other
Joe Head (President Treasurer)	$0	$0
Patsy Head (Vice President Secretary)	$0	$0
Dori Head (Director)	$0	$0

990-PF

Filed on July 20, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$290,561

Expenses

$477,467

Net Income

-$186,906

Net Assets

$528,151

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$131,179	45.1%
Interest Revenue	$294	0.1%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$318,574	66.7%
Compensation of Officers*	$124,615	26.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$529,230
Total Liabilities	$1,079
Net Assets	$528,151

Compensation

Key Employees and Officers	Compensation	Other
Joe Head (President Treasurer)	$124,615	$0
Patsy Head (Vice President Secretary)	$0	$0
Dori Head (Director)	$0	$0

990-PF

Filed on Nov. 11, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$393,945

Expenses

$594,702

Net Income

-$200,757

Net Assets

$715,057

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$228,591	58.0%
Interest Revenue	$425	0.1%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$427,165	71.8%
Compensation of Officers*	$101,538	17.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$726,584
Total Liabilities	$11,527
Net Assets	$715,057

Compensation

Key Employees and Officers	Compensation	Other
Joe Head (President/Treasurer)	$101,538	$0
Brian D Seagraves (Employee)	$56,839	$0
Patsy Head (Vice President/Secretary)	$0	$0
Dori Head (Director)	$0	$0

+ View more people

990-PF

Filed on Aug. 31, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$326,844

Expenses

$1,215,402

Net Income

-$888,558

Net Assets

$915,814

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$210,102	64.3%
Interest Revenue	$1,048	0.3%
Dividends	$0
Sales of Assets	$0
Other Income	$4	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,211,079	99.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$969,560
Total Liabilities	$53,746
Net Assets	$915,814

Compensation

Key Employees and Officers	Compensation	Other
Michael J Garrett (Employee)	$114,950	$0
Brian D Seagraves (Employee)	$92,550	$0
David E Lawson (Employee)	$58,700	$0
James F Davis (Employee)	$58,143	$0
Joe Head (President/Treasurer)	$0	$0
Patsy Head (Vice President/Secretary)	$0	$0
Dori Head (Director)	$0	$0

+ View more people

990-PF

Filed on Oct. 30, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$675,277

Expenses

$662,494

Net Income

$12,783

Net Assets

$1,804,372

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$548,181	81.2%
Interest Revenue	$0
Dividends	$2,673	0.4%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$657,247	99.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,808,324
Total Liabilities	$3,952
Net Assets	$1,804,372

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$580,951

Expenses

$301,991

Net Income

$278,960

Net Assets

$1,734,854

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$505,487	87.0%
Interest Revenue	$0
Dividends	$2,618	0.5%
Sales of Assets	$0
Other Income	$72,846	12.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$297,497	98.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,740,137
Total Liabilities	$5,283
Net Assets	$1,734,854

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated January 26, 2026

Biblical Studies Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $596k (2024)

Expenses $385k (2024)

Total Assets $2.12M (2024)

Total Liabilities $2.22k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$596k (2024)

Expenses

$385k (2024)

Total Assets

$2.12M (2024)

Total Liabilities

$2.22k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001