Springs of Grace Bible Church
How we got $3.2M
Based on 23 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
What they do
Springs of Grace Bible Church is a church in Tulsa, OK that offers Sunday services, Sunday school, and ministries for adults, young adults, families, and the homeless.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SPRINGS OF GRACE BIBLE CHURCH this business | $3.2M | — |
| IGLESIA DE JESUCRISTO PALABRA MIEL Tulsa · 1 employees | $162K | 0.2 mi |
| ONE HOPE VISION, INC Tulsa · 15 employees | $693K | 0.3 mi |
| CORY A NICKERSON Tulsa · 7 employees | $818K | 0.6 mi |
| INTERNATIONAL GOSPEL CENTER INC Tulsa · 8 employees | $305K | 0.6 mi |
| OSFO INTERNATIONAL GOSPEL CHURCH, INC. Tulsa · 6 employees | $748K | 0.6 mi |
| MEMORIAL DRIVE CHURCH OF CHRIST Tulsa · 9 employees | $1.7M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Industry revenue per employee | $560K |
| Revenue = employees × revenue per employee | $3.2M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $952K |
| Cross-check: revenue implied by PPP payroll | $1.2M |
Calibrated: revenue lowered to 58% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Revenue range | $1.9M – $3.8M |
| EBITDA range | $563K – $1.1M |
| Industry (NAICS) | Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Springs of Grace Church began in 2001 as a new church under the vision and authority of Springs of Grace Baptist Church in Shreveport, LA (Pastor, Rex Blankenship, Elder Jeff Segner, Elder Cliff Roberts, Elder Ron Hodge) and Grace Church of Collin County (now known as Grace Bible Fellowship Church – Elder Warren Robbins, Elder Dave Dunbar, Elder Lyndon Shook).”
Advisors
- BankingFirst Bank of OwassoPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| First Bank of Owasso PPP 2020, PPP 2021 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $29K | 9 |
| 1/16/2021 | second | $35K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Springs of Grace Bible Church
Springs of Grace Bible Church is a churches & nonprofits company in Tulsa, Oklahoma, in business since 2001. It is owned by Pastor Mark Dever (Founder). Its estimated annual revenue is about $3.2M, with roughly $952K of EBITDA. It has about 23 employees.
Common questions
- Who owns Springs of Grace Bible Church?
- Springs of Grace Bible Church is owned by Pastor Mark Dever (Founder), according to public sources such as the company's website or filings.
- How much revenue does Springs of Grace Bible Church make?
- SeeBITDA estimates Springs of Grace Bible Church's annual revenue at about $3.2M (likely between $1.9M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Springs of Grace Bible Church have?
- About 23, as reported on its PPP loan.
- When was Springs of Grace Bible Church founded?
- Springs of Grace Bible Church has been in business since 2001.