Totals
- Total revenue
- $67,032,062
- Total expenses
- $65,483,344
- Contributions and grants received
- $59,744,703
- Grants paid
- $0
- Program service revenue
- $5,002,012
- Investment income
- $62,683
- Other revenue
- $2,222,664
- Total assets, end of year
- $23,336,204
- Total liabilities, end of year
- $5,662,297
- Net assets or fund balances, end of year
- $17,673,907
- Program services expenses (Part IX)
- $57,847,826
- Management and general expenses
- $6,136,574
- Fundraising expenses
- $1,498,944
- Program service expenses (Part III)
- $57,847,826
Program services were 88.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$26,947
-
1d · Related organizations
$10,123,279
-
1f · All other contributions, gifts and grants
$49,594,477
-
1g · Noncash contributions included above
$323,194
-
2a · Program service revenue: Religious Books/Music
total $4,695,311 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Seminary & Certificate Courses
total $306,701 · unrelated business $0 · excluded $0
-
3 · Investment income
total $71,251 · unrelated business $0 · excluded $0
-
5 · Royalties
total $66,213 · related or exempt $66,213 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $90,819
-
6b · Less rental expenses
real property $13,622
-
6c · Rental income or loss
real property $77,197
-
6d · Net rental income or loss
total $77,197 · related or exempt $77,197
-
7a · Gross sales of assets other than inventory
securities $328,256 · other assets $100
-
7b · Less cost or other basis and sales expenses
securities $336,924 · other assets $0
-
7c · Gain or loss
securities -$8,668 · other assets $100
-
7d · Net gain or loss
total -$8,568 · related or exempt -$8,568 · unrelated business $0 · excluded $0
-
11a · Other revenue: PRINTING FOR OTHER
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11b · Other revenue: MINISTRIES
total $789,889 · related or exempt $789,889 · unrelated business $0 · excluded $0
-
11c · Other revenue: MISCELLANEOUS
total $1,289,365 · related or exempt $1,289,365 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$2,079,254
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $2,157,254 · program services $687,371 · management and general $1,167,327 · fundraising $302,556
-
7 · Other salaries and wages
total $18,993,309 · program services $17,558,900 · management and general $1,351,508 · fundraising $82,901
-
8 · Pension plan contributions
total $667,996 · program services $554,540 · management and general $105,298 · fundraising $8,158
-
9 · Other employee benefits
total $2,968,194 · program services $2,776,237 · management and general $163,047 · fundraising $28,910
-
10 · Payroll taxes
total $1,461,967 · program services $1,273,246 · management and general $163,203 · fundraising $25,518
-
12 · Advertising and promotion
total $1,494,320 · program services $1,494,320 · management and general $0 · fundraising $0
-
15 · Royalties
total $365,606 · program services $365,606 · management and general $0 · fundraising $0
-
17 · Travel
total $724,809 · program services $474,479 · management and general $246,353 · fundraising $3,977
-
19 · Conferences, conventions and meetings
total $22,771 · program services $22,771 · management and general $0 · fundraising $0
-
20 · Interest
total $17,175 · program services $17,175 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $2,493,602 · program services $2,060,225 · management and general $391,243 · fundraising $42,134
-
23 · Insurance
total $222,089 · program services $0 · management and general $222,089 · fundraising $0
-
24a · Other expenses: REPAIRS & MAINTENANCE
total $818,582 · program services $731,799 · management and general $86,722 · fundraising $61
-
24b · Other expenses: AUTO/TRUCK EXP
total $20,667 · program services $0 · management and general $20,667 · fundraising $0
-
24c · Other expenses: COST OF SALES
total $1,149,842 · program services $1,149,842 · management and general $0 · fundraising $0
-
24e · All other expenses
total $31,905,161 · program services $28,681,315 · management and general $2,219,117 · fundraising $1,004,729
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,661,388 · end of year $864,842
-
2 · Savings and temporary cash investments
beginning of year $19,554 · end of year $47,989
-
4 · Accounts receivable
beginning of year $464,168 · end of year $561,395
-
8 · Inventories for sale or use
beginning of year $2,544,915 · end of year $1,743,418
-
9 · Prepaid expenses and deferred charges
beginning of year $769,242 · end of year $691,796
-
10a · Land, buildings and equipment: cost or other basis
$52,233,080
-
10b · Land, buildings and equipment: accumulated depreciation
$37,533,856
-
10c · Land, buildings and equipment, net
beginning of year $13,402,197 · end of year $14,699,224
-
11 · Investments: publicly traded securities
beginning of year $20,237 · end of year $8,206
-
15 · Other assets
beginning of year $2,428,919 · end of year $4,719,334
-
17 · Accounts payable and accrued expenses
beginning of year $1,319,641 · end of year $2,034,551
-
25 · Other liabilities
beginning of year $3,867,249 · end of year $3,627,746
-
27 · Net assets without donor restrictions
beginning of year $16,123,730 · end of year $17,673,907
Mission and programs · 2023
Mission
RBC MINISTRIES MISSION IS TO MAKE THE LIFE-CHANGING WISDOM OF THE BIBLE UNDERSTANDABLE AND ACCESSIBLE TO ALL THROUGH PUBLICATION OF DEVOTIONAL MATERIALS, INTERNET MINISTRY, AND RADIO BROADCASTING
-
OUR DAILY BREAD - A DEVOTIONAL PUBLISHED MONTHLY FOR INDIVIDUALS AND FAMILIES WHO DESIRE A CLOSE RELATIONSHIP WITH GOD.
Expenses $48,165,778
-
DAILY BIBLE TEACHING - BIBLE TEACHING PRESENTED IN A PRACTICAL AND UNDERSTANDABLE WAY THROUGH VIDEOS, RADIO, OUR DAILY BREAD DEVOTIONAL, DISCOVER THE WORD, AND LITERATURE - DISCOVERY SERIES AS WELL AS PRODUCTION OF BOOKS AND MUSIC TITLES.
Expenses $6,122,180
-
INTERNATIONAL MINISTRIES 1,922,113 INTERNET TEACHING 1,472,789 UNALLOCATED HEALTH INSURANCE CREDIT 164,966
Expenses $3,559,868
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jennie DimkoffJENNIE DIMKOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter AmeadajiPETER AMEADAJI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William BontekoeWILLIAM BONTEKOE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Diane MaherDIANE MAHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marty DoornMARTY DOORN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff LambertJEFF LAMBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Quek Jin WeeQUEK JIN WEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Khary BridgewaterKHARY BRIDGEWATER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Luiz SilvadoLUIZ SILVADO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matt LucasMATT LUCAS
PRESIDENT
- Total calculated
- $294,302
- From this org
- $265,130
- From related orgs
- $0
- Other
- $29,172
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $265,130
- Bonus
- $0
- Other
- $0
- Deferred
- $8,350
- Nontaxable benefits
- $20,823
- Filer's total
- $294,303
-
Gary WickerGARY WICKER
TREASURER/CFO
- Total calculated
- $259,180
- From this org
- $231,405
- From related orgs
- $0
- Other
- $27,775
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $231,405
- Bonus
- $0
- Other
- $0
- Deferred
- $9,724
- Nontaxable benefits
- $18,051
- Filer's total
- $259,180
-
William OechslerWILLIAM OECHSLER
EMPLOYEE
- Total calculated
- $215,008
- From this org
- $186,537
- From related orgs
- $0
- Other
- $28,471
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,537
- Bonus
- $0
- Other
- $0
- Deferred
- $7,285
- Nontaxable benefits
- $21,186
- Filer's total
- $215,008
-
Christopher BarronCHRISTOPHER BARRON
EMPLOYEE
- Total calculated
- $262,176
- From this org
- $248,626
- From related orgs
- $0
- Other
- $13,550
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $248,626
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $13,550
- Filer's total
- $262,176
-
Luis Garcia SeoaneLUIS GARCIA SEOANE
EMPLOYEE
- Total calculated
- $202,546
- From this org
- $194,760
- From related orgs
- $0
- Other
- $7,786
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,760
- Bonus
- $0
- Other
- $0
- Deferred
- $7,786
- Nontaxable benefits
- $0
- Filer's total
- $202,546
-
Jay KellerJAY KELLER
EMPLOYEE
- Total calculated
- $210,851
- From this org
- $182,357
- From related orgs
- $0
- Other
- $28,494
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,357
- Bonus
- $0
- Other
- $0
- Deferred
- $6,202
- Nontaxable benefits
- $22,292
- Filer's total
- $210,851
-
Daniel FerwerdaDANIEL FERWERDA
ASSIST. TREA
- Total calculated
- $171,792
- From this org
- $150,974
- From related orgs
- $0
- Other
- $20,818
- Hours/week
- 29
Schedule J breakdown matched by us
- Base
- $150,974
- Bonus
- $0
- Other
- $0
- Deferred
- $6,051
- Nontaxable benefits
- $14,767
- Filer's total
- $171,792
-
Vicki HarrisVICKI HARRIS
EMPLOYEE
- Total calculated
- $229,748
- From this org
- $206,270
- From related orgs
- $0
- Other
- $23,478
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,270
- Bonus
- $0
- Other
- $0
- Deferred
- $8,544
- Nontaxable benefits
- $14,934
- Filer's total
- $229,748
-
Tim LaniakTIM LANIAK
EMPLOYEE
- Total calculated
- $194,442
- From this org
- $174,379
- From related orgs
- $0
- Other
- $20,063
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $174,379
- Bonus
- $0
- Other
- $0
- Deferred
- $1,756
- Nontaxable benefits
- $18,307
- Filer's total
- $194,442
-
Cereen VargheseCEREEN VARGHESE
EMPLOYEE
- Total calculated
- $189,987
- From this org
- $171,346
- From related orgs
- $0
- Other
- $18,641
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,346
- Bonus
- $0
- Other
- $0
- Deferred
- $481
- Nontaxable benefits
- $18,160
- Filer's total
- $189,987
-
Evan MorganEVAN MORGAN
EMPLOYEE
- Total calculated
- $162,499
- From this org
- $154,507
- From related orgs
- $0
- Other
- $7,992
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,507
- Bonus
- $0
- Other
- $0
- Deferred
- $6,136
- Nontaxable benefits
- $1,856
- Filer's total
- $162,499
-
Chriscynethia FloydCHRISCYNETHIA FLOYD
EMPLOYEE
- Total calculated
- $157,577
- From this org
- $145,690
- From related orgs
- $0
- Other
- $11,887
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,690
- Bonus
- $0
- Other
- $0
- Deferred
- $6,084
- Nontaxable benefits
- $5,803
- Filer's total
- $157,577
-
Londa AlderinkLONDA ALDERINK
EMPLOYEE
- Total calculated
- $168,660
- From this org
- $140,242
- From related orgs
- $0
- Other
- $28,418
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,242
- Bonus
- $0
- Other
- $0
- Deferred
- $6,032
- Nontaxable benefits
- $22,386
- Filer's total
- $168,660
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Pt I Line 4a
- CEREEN VARGHESE, severance pay $124,039
- Pt I Line 4a
- JAY KELLER, severance pay $74,775
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501 C 3 · CHRISTIAN BOOK PUBLISHING · MI
Directly controlled by RBC MINISTRIES
-
OUR DAILY BREAD MINISTRIES FDN
501 C 3 · ENDOWMENT FUND · MI
Directly controlled by RBC MINISTRIES
-
OUR DAILY BREAD MINISTRIES TRUST
501 C 3 · TRUST SERVICES · MI
Directly controlled by RBC MINISTRIES
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 December 2024
- IRS schema version
- 2023v6.0
- Source object
- 202530309349301403
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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