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Nonprofiteer
← BAPTIST COURIER

Form 990 for tax year 2024

Filed by BAPTIST COURIER.

Totals

Total revenue
$1,005,502
Total expenses
$1,120,738
Contributions and grants received
$170,236
Grants paid
$0
Program service revenue
$430,349
Investment income
$404,466
Other revenue
$451
Total assets, end of year
$4,827,527
Total liabilities, end of year
$97,395
Net assets or fund balances, end of year
$4,730,132
Program services expenses (Part IX)
$801,267
Management and general expenses
$319,471
Fundraising expenses
$0
Program service expenses (Part III)
$801,267

Program services were 71.5% 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.

  • 1d · Related organizations

    $156,805

  • 1f · All other contributions, gifts and grants

    $13,431

  • 2a · Program service revenue: SUBSCRIPTIONS

    total $252,647 · related or exempt $252,647

  • 2b · Program service revenue: ADVERTISING

    total $134,095 · unrelated business $134,095

  • 2c · Program service revenue: BOOK PUBLISHING

    total $43,607 · related or exempt $43,607

  • 3 · Investment income

    total $145,305 · excluded $145,305

  • 7a · Gross sales of assets other than inventory

    securities $2,190,831

  • 7b · Less cost or other basis and sales expenses

    securities $1,931,670

  • 7c · Gain or loss

    securities $259,161

  • 7d · Net gain or loss

    total $259,161 · excluded $259,161

  • 11a · Other revenue: OTHER INCOME

    total $451 · excluded $451

  • 11e · Other revenue, total

    $451

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $335,284 · program services $207,096 · management and general $128,188

  • 7 · Other salaries and wages

    total $266,209 · program services $204,012 · management and general $62,197

  • 8 · Pension plan contributions

    total $19,596 · program services $15,968 · management and general $3,628

  • 9 · Other employee benefits

    total $29,504 · program services $28,340 · management and general $1,164

  • 10 · Payroll taxes

    total $26,016 · program services $18,211 · management and general $7,805

  • 11c · Fees: accounting

    total $14,300 · program services $4,290 · management and general $10,010

  • 11f · Fees: investment management

    total $66,482 · management and general $66,482

  • 12 · Advertising and promotion

    total $6,571 · program services $1,971 · management and general $4,600

  • 13 · Office expenses

    total $5,455 · program services $2,847 · management and general $2,608

  • 14 · Information technology

    total $13,305 · program services $7,983 · management and general $5,322

  • 16 · Occupancy

    total $15,125 · program services $9,075 · management and general $6,050

  • 17 · Travel

    total $10,053 · program services $4,524 · management and general $5,529

  • 22 · Depreciation, depletion and amortization

    total $11,097 · program services $6,658 · management and general $4,439

  • 23 · Insurance

    total $8,485 · program services $5,091 · management and general $3,394

  • 24a · Other expenses: PRINTING & CIRCULATION

    total $275,309 · program services $275,309

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $15,032 · program services $9,019 · management and general $6,013

  • 24e · All other expenses

    total $2,915 · program services $873 · management and general $2,042

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $33,425 · end of year $26,742

  • 2 · Savings and temporary cash investments

    beginning of year $176,504 · end of year $115,122

  • 4 · Accounts receivable

    beginning of year $21,789 · end of year $21,273

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,960 · end of year $21,712

  • 10a · Land, buildings and equipment: cost or other basis

    $974,215

  • 10b · Land, buildings and equipment: accumulated depreciation

    $758,040

  • 10c · Land, buildings and equipment, net

    beginning of year $195,817 · end of year $216,175

  • 11 · Investments: publicly traded securities

    beginning of year $3,739,835 · end of year $4,200,152

  • 12 · Investments: other securities

    beginning of year $740,411 · end of year $226,351

  • 17 · Accounts payable and accrued expenses

    beginning of year $49,418 · end of year $43,393

  • 19 · Deferred revenue

    beginning of year $88,925 · end of year $54,002

  • 27 · Net assets without donor restrictions

    beginning of year $4,771,688 · end of year $4,729,082

  • 28 · Net assets with donor restrictions

    beginning of year $3,710 · end of year $1,050

Mission and programs · 2024

Mission

Withheld by Nonprofiteer: this text may name a private individual.

Activities or mission (Part I)

SOURCE OF INFORMATION & INSPIRATION TO BAPTISTS OF SC THROUGH THE PUBLISHING OF A MAGAZINE.

  • THE COURIER PUBLISHES NEWS AND FEATURES ABOUT THE MINISTRIES OF THE SOUTH CAROLINA BAPTIST CONVENTION AND THE SOUTHERN BAPTIST CONVENTION. THE COURIER REACHES THE HOMES OF APPROXIMATELY 20,000 BAPTISTS IN SOUTH CAROLINA IN ITS PRINT EDITION AND APPROXIMATELY 30,000 ONLINE READERS EACH MONTH THROUGH THE WEBSITE.

    Expenses $801,267 · Revenue $296,254

As filed on the 2024 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Dr Ben Davis

    BOARD CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5
  • Hannah Miller

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Davey Hiott

    BOARD VICE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5
  • Celeste Toole

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Wes Church

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Debbie Grooms

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dee McCraw

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Dwight Easler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Travis Kerns

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Rev Jerry Gray

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Steve Crowe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Michael Wren

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Rev Tommy Kelly

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Delano McMinn

    TRUSTEE (PART YEAR)

    Total calculated
    $0
    Hours/week
    0.5
  • Charles J Robinson Sr

    EDITOR & PRESIDENT

    Total calculated
    $233,398
    From this org
    $141,770
    From related orgs
    $0
    Other
    $91,628
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $100,000
    Bonus
    $39,826
    Other
    $1,944
    Deferred
    $15,778
    Nontaxable benefits
    $75,850
    Filer's total
    $233,398
  • Christopher G Holliday

    CHIEF FINANCIAL OFFICER

    Total calculated
    $101,886
    From this org
    $74,645
    From related orgs
    $0
    Other
    $27,241
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $73,409
    Bonus
    $0
    Other
    $1,236
    Deferred
    $7,656
    Nontaxable benefits
    $19,585
    Filer's total
    $101,886

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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

PART I, LINE 1A
PURSUANT TO INTERNAL REVENUE CODE SECTION 107, MINISTERIAL HOUSING ALLOWANCES ARE PROVIDED FOR QUALIFYING MINISTERIAL EMPLOYEES. THIS IS NOT INCLUDED IN TAXABLE COMPENSATION. A MINISTER'S HOUSING ALLOWANCE IS DESIGNATED ANNUALLY AS PART OF COMPENSATION FOR CHARLES J. ROBINSON SR., EDITOR & PRESIDENT.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
22 October 2025
IRS schema version
2024v5.2
Source object
202532959349300128

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