Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $26,000

• 1f · All other contributions, gifts and grants

  $9,003,426

• 2a · Program service revenue: SUBSCRIPTION REVENUE

  total $95,039 · related or exempt $95,039

• 2b · Program service revenue: ADVERTISING

  total $81,887 · unrelated business $81,887

• 2c · Program service revenue: PRESS RELEASE INCOME

  total $70,321 · related or exempt $56,200 · unrelated business $14,121

• 2d · Program service revenue: CONTRACTUAL INCOME

  total $30,833 · related or exempt $30,833

• 2e · Program service revenue: REPRINT INCOME

  total $950 · related or exempt $950

• 3 · Investment income

  total $188,454 · excluded $188,454

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

  other assets $33

• 7c · Gain or loss

  other assets -$33

• 7d · Net gain or loss

  total -$33 · excluded -$33

• 8a · Fundraising events: gross income

  $6,930

• 8a · Fundraising events: contributions included on line 1c

  $26,000

• 8b · Fundraising events: direct expenses

  $63,048

• 8c · Net income from fundraising events

  total -$56,118 · excluded -$56,118

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $16,000 · program services $16,000

• 5 · Compensation of officers, directors and key employees

  total $433,495 · program services $310,313 · management and general $77,931 · fundraising $45,251

• 7 · Other salaries and wages

  total $1,579,867 · program services $1,121,518 · management and general $289,548 · fundraising $168,801

• 8 · Pension plan contributions

  total $73,101 · program services $52,207 · management and general $13,473 · fundraising $7,421

• 9 · Other employee benefits

  total $196,199 · program services $140,768 · management and general $36,317 · fundraising $19,114

• 10 · Payroll taxes

  total $151,038 · program services $107,219 · management and general $27,681 · fundraising $16,138

• 11b · Fees: legal

  total $28,624 · management and general $28,624

• 11c · Fees: accounting

  total $91,731 · program services $11,781 · management and general $79,950

• 11g · Fees: other

  total $902,335 · program services $762,614 · management and general $115,906 · fundraising $23,815

• 12 · Advertising and promotion

  total $108,095 · program services $106,565 · management and general $1,530

• 13 · Office expenses

  total $1,398 · program services $51 · management and general $1,110 · fundraising $237

• 14 · Information technology

  total $85,882 · program services $21,972 · management and general $56,343 · fundraising $7,567

• 16 · Occupancy

  total $13,761 · program services $100 · management and general $13,661

• 17 · Travel

  total $76,391 · program services $61,434 · management and general $135 · fundraising $14,822

• 19 · Conferences, conventions and meetings

  total $221,453 · program services $195,819 · management and general $22,207 · fundraising $3,427

• 22 · Depreciation, depletion and amortization

  total $5,976 · management and general $5,976

• 23 · Insurance

  total $25,495 · management and general $25,495

• 24a · Other expenses: CONTRACTORS

  total $322,151 · program services $322,151

• 24b · Other expenses: BANK AND TRANSACTION FE

  total $54,298 · program services $36,757 · management and general $17,541

• 24c · Other expenses: SUPPLIES

  total $49,312 · program services $42,472 · management and general $5,922 · fundraising $918

• 24d · Other expenses: TRAINING AND DEVELOPMEN

  total $28,043 · program services $16,724 · management and general $10,892 · fundraising $427

• 24e · All other expenses

  total $9,292 · program services $9,047 · management and general $245

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,462,057 · end of year $1,429,727

• 2 · Savings and temporary cash investments

  beginning of year $2,378,569 · end of year $5,223,662

• 3 · Pledges and grants receivable

  beginning of year $281,527 · end of year $2,386,527

• 4 · Accounts receivable

  beginning of year $30,934 · end of year $16,492

• 9 · Prepaid expenses and deferred charges

  beginning of year $36,979 · end of year $80,041

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

  $54,234

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

  $30,963

• 10c · Land, buildings and equipment, net

  beginning of year $22,687 · end of year $23,271

• 14 · Intangible assets

  beginning of year $4,710 · end of year $5,227

• 17 · Accounts payable and accrued expenses

  beginning of year $314,129 · end of year $316,008

• 19 · Deferred revenue

  beginning of year $15,217 · end of year $33,178

• 27 · Net assets without donor restrictions

  beginning of year $885,292 · end of year $741,046

• 28 · Net assets with donor restrictions

  beginning of year $3,002,825 · end of year $8,074,715

The filer's explanations (Part III)

PART I, LINE 3

IN SPRING OF 2025 A COMPENSATION REVIEW WAS PERFORMED BY BOARD CHAIR JOHN TERRILL. THE BOARD CHAIR CONDUCTED A 360-DEGREE REVIEW OF CEO DEBORAH CALDWELL. THIS REVIEW REQUESTED FEEDBACK FROM ALL BOARD MEMBERS, ALL MEMBERS OF THE LEADERSHIP TEAM AND A SELF REVIEW BY THE CEO. COMPENSATION WAS DETERMINED BY REVIEW OF 360-DEGREE REVIEW RESULTS AS WELL AS A REVIEW OF THE MOST RECENT GUIDESTAR (CANDID) NONPROFIT COMPENSATION REPORTS AVAILABLE IN SPRING OF 2025. THIS REVIEW WAS CONDUCTED IN CLOSED EXECUTIVE SESSION. JOHN TERRILL COMPLETED CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION BY EMAIL TO OTHER BOARD MEMBERS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• RELIGION NEWS SERVICES LLC

  CHARITY · OH · income $0 · assets $141,434

  Directly controlled by RNF