Pilgrim Tract Society Inc
- Assets
- $688.8k
- Revenue
- $309.0k
- Investments
- $0.0
- Employees
- 9
- Location
- Randleman, NC
- Founding
- 03/1939
- Data as of
- 12/2021
- EIN
- 56-6001577
Organization Overview
Pilgrim Tract Society Inc is located in Randleman, NC. The organization was established in 1939. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Pilgrim Tract Society Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pilgrim Tract Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Pilgrim Tract Society Inc generated $309.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $305.2k during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRINT THE GOSPEL OF JESUS CHRIST AND SPREAD WORLDWIDE THE WORD OF GOD THROUGH THE MEANS OF THE PRINTED PAGE, PRINTING GOSPEL TRACTS AND PAMPHLETS IN MANY LANGUAGES AND SHIPPING WORLDWIDE TO CHURCHES, CHRISTIAN WORKERS, MISSIONARIES AROUND THE WORLD. SHIPPING BIBLES, CHRISTIAN BOOKS AND LITERATURE WORLDWIDE TO AID THE EDUCATION AND CHRISTIAN GROWTH SPIRITUALLY OF CHRISTIANS ALL AROUND THE WORLD. TO SPREAD THE GLORIOUS GOSPEL OF JESUS CHRIST AROUND THE WORLD THROUGH THE MEANS OF THE PRINTED PAGE. WE PRINT AND SHIP 40 TO 60 MILLION GOSPEL TRACTS A YEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS AMOUNT REPRESENTS THE COST OF PRINTING APPROXIMATELY 40 TO 60 MILLION GOSPEL TRACTS, PAMPHLETS, AND SHIPPING THEM TO COUNTRIES ALL OVER THE WORLD TO PROVIDE CHURCHES, MINISTRIES, EVANGELISTS, AND CHRISTIANS AROUND THE WORLD WITH LITERATURE FOR TRAINING, SPIRITUAL GROWTH, AND FOR THE ADVANCEMENT AND SPREADING OF THE WORD OF GOD WORLDWIDE THROUGH THE MEANS OF THE PRINTED PAGE. MILLIONS AND MILLIONS OF PEOPLE AROUND THE WORLD HAVE BENEFITED FROM USING THESE MATERIALS TO FURTHER THEIR EDUCATION AND LEARNING. THESE TRACTS AND PAMPHLETS WILL BENEFIT MANY PEOPLE FOR MANY YEARS TO COME AS THEY ARE READ AND REREAD AND PASSED AROUND TO OTHERS TO READ.
THIS AMOUNT REPRESENTS WHAT WE USED TO PURCHASE BIBLES, NEW TESTAMENTS, CHRISTIAN LITERATURE TO DISTRIBUTE, AND SHIP OUT FREELY FOR FREE DISTRIBUTION BY CHURCHES, MINISTRIES, AND CHRISTIAN WORKERS AROUND THE WORLD FOR THE TRAINING, EDUCATION, AND SPIRITUAL GROWTH OF CHRISTIAN WORKERS, PASTORS, AND NEW CONVERTS AROUND THE WORLD. COUNTLESS NUMBERS OF PEOPLE AROUND THE WORLD WILL BENEFIT FROM THESE BIBLES FOR MANY YEARS.
THIS AMOUNT REPRESENTS WHAT WE PAID TO HAVE OUR TRACTS, PAMPHLETS, TRANSLATED, PRINTED, AND DISTRIBUTED IN INDIA, MYANMAR (BURMA), PAKISTAN, HAITI, AND LIBERIA, AND FOR ONGOING MISSIONARY WORK IN THOSE COUNTRIES. COUNTLESS NUMBERS OF CHRISTIAN WORKERS AND CHURCHES HAVE RECEIVED BENEFIT FROM OUR GOSPEL LITERATURE AS A RESULT OF OUR EFFORTS IN THESE COUNTRIES OVERSEAS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Chris Hancock President & Editor | Officer | 40 | $25,480 |
Sandra Hancock Secretary & Treasurer | Officer | 40 | $25,480 |
John E Henderson Prepress, Cutter Operator, Maintenance Manager | Officer | 30 | $13,000 |
Robert J Dilorenzo Pressman & Machine Manager | Officer | 30 | $4,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,064 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $309,036 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,360 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,658 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,606 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,246 |
| Office expenses | $779 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,850 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $937 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $473 |
| All other expenses | $14,546 |
| Total functional expenses | $305,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,861 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $304,953 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $332,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $688,814 |
| Accounts payable and accrued expenses | $304,575 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $304,575 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $52,239 |
| Paid-in or capital surplus, or land, building, or equipment fund | $332,000 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $688,814 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Pilgrim Tract Society Inc has recieved totaling $349,227.
| Awarding Organization | Amount |
|---|---|
Ward Oaks Foundation Inc Chestertown, MD PURPOSE: GENERAL PURPOSE | $348,500 |
Signs & Wonders Ministry Moon Township, PA PURPOSE: EVANGELISM | $700 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
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