East Iowa Bible Camp has a responsibility to be faithful stewards and to maintain integrity and openness in our financial practices. Therefore, we are committed to fulfilling sound, Biblical standards.
Because the Lord supplies us with resources for ministry through churches and individual contributions, we recognize our accountability both to God and to our donors. EIBC will abide to the following:
- We subscribe to a written statement of faith clearly affirming our commitment to Christian doctrine. Advancing the saving message of Jesus Christ is the singular objective of our financial conduct.
- We are governed by a responsible Board of Directors; the majority of whom are not staff members or their relatives. Our Board meets to establish policy, approve budgets, and review operational results and ministry accomplishments (including the overall performance of our staff members).
- Our financial statements are prepared in accordance with generally accepted accounting principles. A copy of our current financial statement is available upon request.
- We seek to conduct our activities with the highest standards of integrity and to avoid conflicts of interest. Because we believe it is God’s place to prompt a response to our fund-raising appeals, we will not participate in any kind of high-pressure or manipulative fund-raising tactics.
- Contributions to EIBC are tax deductible to the full extent allowed by law. In order to help our donors determine the tax-deductible portion of their gifts, we receipt all donations showing the fair market value of any goods or services provided to the donor.
- We will not operate this ministry with indebtedness that dishonors the cause of Christ and hinders the work of the Gospel. When we make a purchase, we pay the approved invoice within 30 days. We do not intend to use the vendors money to our advantage.
- Out of respect for individuals’ privacy, we do not sell or rent our mailing list to other groups wishing to use the names and addresses of our supporters.
- EIBC honors preference of gifts given, and in accordance with IRS regulations, retains discretion and control over their use.