Baptist Standard Publishing Co
- Assets
- $7.5m
- Revenue
- $767.6k
- Investments
- $7.3m
- Employees
- 4
- Location
- Plano, TX
- Founding
- 10/1939
- Data as of
- 12/2022
- EIN
- 75-0800610
Organization Overview
Baptist Standard Publishing Co is located in Plano, TX. The organization was established in 1939. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Baptist Standard Publishing Co employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Standard Publishing Co 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 12/2022, Baptist Standard Publishing Co generated $767.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $491.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS PUBLICATIONS
Describe the Organization's Program Activity:
CHRISTIAN RELIGIOUS MEDIA PROGRAMS: THE BAPTIST STANDARD PUBLISHED 4 ISSUES OF COMMONCALL IN 2022 ON A QUARTERLY BASIS. AVERAGE CIRCULATION IN 2022 WAS ABOUT 11,000 PER ISSUE. IN ADDITION, CONTENT IS POSTED TO THE ORGANIZATION'S WEBSITE AND A CURATED DIGITAL NEWSLETTER IS RELEASED WEEKLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Abernathy Chair | OfficerTrustee | 1 | $0 |
Mariah Humphries Vice Chair | OfficerTrustee | 1 | $0 |
Joseph Fields Secretary | OfficerTrustee | 1 | $0 |
Buddy Camper Director | Trustee | 1 | $0 |
Zoricelis Davila Director | Trustee | 1 | $0 |
Evan Duncan Director | Trustee | 1 | $0 |
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 | $162,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,511 |
| Total Program Service Revenue | $202,303 |
| Investment income | $381,907 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$127 |
| Net Gain/Loss on Asset Sales | $18,882 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $767,590 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,167 |
| 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. | $182,072 |
| Compensation of current officers, directors, key employees. | $62,058 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,276 |
| Pension plan accruals and contributions | $7,250 |
| Other employee benefits | $19,001 |
| Payroll taxes | $11,921 |
| Fees for services: Management | $18,284 |
| Fees for services: Legal | $16,220 |
| 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 | $17,464 |
| Advertising and promotion | -$188 |
| Office expenses | $65,186 |
| Information technology | $22,955 |
| Royalties | $0 |
| Occupancy | -$9,871 |
| Travel | $19,596 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,750 |
| Insurance | $13,853 |
| All other expenses | -$91,255 |
| Total functional expenses | $491,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,916 |
| Savings and temporary cash investments | $129,698 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,397 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,141 |
| Net Land, buildings, and equipment | $3,321 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $7,324,209 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,501,682 |
| Accounts payable and accrued expenses | $112 |
| 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 | $524,747 |
| Total liabilities | $524,859 |
| Net assets without donor restrictions | $3,151,577 |
| Net assets with donor restrictions | $3,825,246 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,501,682 |