Precept Ministries of Reach Out, Inc.

Know God Deeply. Live Differently.

aka Precept | Chattanooga, TN | www.precept.org

GuideStar Charity Check

EIN: 62-0841438

Contributions tax deductible
as of March 2023

IRS BMF 509(a)(1)
as of March 13, 2023

View summary

Charity Check report

Mission

Engaging people in relationship with God through knowing His Word. Our vision is every believer in Christ living out God\u0027s Word every day.

Ruling year info

2015

President \u0026 CEO

Mr. David Arthur

Main address

7324 Noah Reid Rd

Chattanooga, TN 37421 USA

Show more contact info

Formerly known as

Precept Ministries International

EIN

62-0841438

Subject area info

Publishing

Television

Religion

Christianity

Protestantism

Population served info

Children and youth

Adults

Christians

NTEE code info

Protestant (X21)

Religious Printing, Publishing (X83)

Religious Television (X82)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is not required to file an annual return with the IRS because it is a church.

Tax forms

Show Forms 990

Communication

Programs and results

Reports and documents

What we aim to solve

SOURCE: Self-reported by organization

Lack of sound Biblical teaching and training is rampant throughout the world. Without the knowledge of what God\u0027s Word says, people will fall away, get carried away by false doctrines, and even accept heresies as truth.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Inductive Bible Study

Inductive study, a method that brings you directly to the Word of God apart from another’s understanding or interpretation of the text, involves three skills: observation, interpretation, and application.

Population(s) Served

Adults

Where we work

Awards

Best Christian Workplace 2020

Best Christian Workplaces Institute

Affiliations & memberships

Evangelical Council of Financial Accountability - Member 1984

External reviews

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of new Bible Study Leaders trained worldwide

Totals By Year

Population(s) Served

Related Program

Inductive Bible Study

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

To transform the world with God\u0027s Word, we recruit, equip, and resource Bible Study Leaders who take God\u2019s life-changing Word to their communities. Scripture guides you towards God. Precept guides you through Scripture.

What are the organization's key strategies for making this happen?

\u2022 We offer Bible Study Leader Training designed to develop Bible study skills and to equip individuals with the ability to lead Bible studies using the various resources that we have available\n\u2022 Precept Bible Study classes are taught in churches, homes, small groups, workplaces, Christian schools and homeschool groups in over 180 different countries\n\u2022 Throughout the world, we offer support to pastors with resources that equip them to prepare sermons, aid them in church planting, support their counseling efforts, and prepare them for various other aspects of ministry work\n\u2022 We provide a range of free resources that are available electronically\n\u2022 We have online Bible study lessons and training

What are the organization's capabilities for doing this?

We provide training to local pastors and lay leaders to be equipped to teach others to learn the truth in God\u0027s Word through inductive Bible study. Each person trained will be able to multiply their efforts after learning the skills taught in our trainings because they will be using Scripture to interpret Scripture. Through assessment groups, the leaders are evaluated on the way they lead discussions and how they present the materials to students. This practical training allows the leader to learn how to hone the skills that were taught to help ensure effective teachings. Throughout the world, trained leaders will then go out to places like churches, small groups, refugee camps, orphanages, youth camps, and family counseling centers to help others learn the inductive study method.

What have they accomplished so far and what's next?

We establish people in God\u0027s Word by training up effective Bible study leaders and producing multi-week Bible study courses to be operated with trained leaders. The result is people of all ages knowing God better through personal and group Bible study using the proven Precept Bible Study Method used for over 50 years in 70 languages around the world. Every month, tens of thousands are being discipled through Precept. Their thirst for the Word is being quenched by being taught how to observe the Word through Inductive Bible Study, which is empowering people to discover truth for themselves, and the result is lives are being transformed.

Financials

Precept Ministries of Reach Out, Inc.

Fiscal year: Jan 01 - Dec 31

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020

SOURCE: IRS Form 990

3.95

Average of 13.26 over 10 years

Months of cash in 2020

SOURCE: IRS Form 990

5.6

Average of 7.1 over 10 years

Fringe rate in 2020

SOURCE: IRS Form 990

16%

Average of 20% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

Source: IRS Form 990

Digitizing IRS form 990 data

Precept Ministries of Reach Out, Inc.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: Download Data

Revenue
Contributions	$7,528,803
Government Grants	$0
Program Services	$1,945,253
Investments	$36,718
Special Events	$0
Sales	$2,978,918
Other	$489,174
Total Revenue	$12,978,866

Expenses
Program Services	$9,487,791
Administration	$2,422,068
Fundraising	$721,290
Total Expenses	$12,631,149
Net Gain/Loss	$347,717

Functional expenses
Accounting Fees	$21,475
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$142,029
Interest Expenses	$13,278
Investment Management Fees	$0
Legal Fees	$5,595
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$7,525,478
Government Grants	$0
Program Services	$2,646,091
Investments	$7,281
Special Events	$0
Sales	$3,503,638
Other	$376,843
Total Revenue	$14,059,331

Expenses
Program Services	$9,230,008
Administration	$2,487,523
Fundraising	$1,154,519
Total Expenses	$12,872,050
Net Gain/Loss	$1,187,281

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$133,154
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$11,316
Pension Plan Contributions	$189,587
Professional Fundraising Expenses	$0

Revenue
Contributions	$7,174,168
Government Grants	$0
Program Services	$2,480,981
Investments	$13,155
Special Events	$0
Sales	$3,775,529
Other	$417,420
Total Revenue	$13,861,253

Expenses
Program Services	$9,902,814
Administration	$1,564,059
Fundraising	$1,914,001
Total Expenses	$13,380,874
Net Gain/Loss	$480,379

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$118,597
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$194,224
Professional Fundraising Expenses	$0

Revenue
Contributions	$7,834,424
Government Grants	$0
Program Services	$1,905,064
Investments	$9,987
Special Events	$0
Sales	$3,953,375
Other	$305,154
Total Revenue	$14,008,004

Expenses
Program Services	$8,351,761
Administration	$1,604,580
Fundraising	$1,566,019
Total Expenses	$11,522,360
Net Gain/Loss	$2,485,644

Functional expenses
Accounting Fees	$27,910
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$108,272
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$16,264
Pension Plan Contributions	$168,262
Professional Fundraising Expenses	$0

Revenue
Contributions	$7,462,420
Government Grants	$0
Program Services	$1,574,576
Investments	$7,008
Special Events	$0
Sales	$3,918,258
Other	$261,904
Total Revenue	$13,224,166

Expenses
Program Services	$9,554,147
Administration	$1,968,757
Fundraising	$1,618,357
Total Expenses	$13,141,261
Net Gain/Loss	$82,905

Functional expenses
Accounting Fees	$29,000
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$156,214
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$28,595
Pension Plan Contributions	$212,580
Professional Fundraising Expenses	$0

Revenue
Contributions	$9,992,449
Government Grants	$0
Program Services	$689,919
Investments	$48,047
Special Events	($944,476)
Sales	$3,939,604
Other	$411,938
Total Revenue	$14,137,481

Expenses
Program Services	$9,344,272
Administration	$2,015,399
Fundraising	$1,613,025
Total Expenses	$12,972,696
Net Gain/Loss	$1,164,785

Functional expenses
Accounting Fees	$32,330
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$123,628
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$34,482
Pension Plan Contributions	$76,777
Professional Fundraising Expenses	$161,170

Revenue
Contributions	$9,167,992
Government Grants	$0
Program Services	$654,548
Investments	$54,710
Special Events	($950,974)
Sales	$3,687,323
Other	$444,589
Total Revenue	$13,058,188

Expenses
Program Services	$9,714,895
Administration	$1,987,199
Fundraising	$2,213,939
Total Expenses	$13,916,033
Net Gain/Loss	($857,845)

Functional expenses
Accounting Fees	$30,915
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$137,690
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$74,302
Pension Plan Contributions	$111,483
Professional Fundraising Expenses	$976,320

Revenue
Contributions	$8,168,243
Government Grants	$0
Program Services	$604,293
Investments	$52,140
Special Events	($702,185)
Sales	$3,673,059
Other	$370,204
Total Revenue	$12,165,754

Expenses
Program Services	$9,318,255
Administration	$2,234,281
Fundraising	$1,596,468
Total Expenses	$13,149,004
Net Gain/Loss	($983,250)

Functional expenses
Accounting Fees	$29,042
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$170,425
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$24,884
Pension Plan Contributions	$117,839
Professional Fundraising Expenses	$719,396

Revenue
Contributions	$7,410,242
Government Grants	$0
Program Services	$527,510
Investments	$54,480
Special Events	($88,686)
Sales	$3,335,455
Other	$387,103
Total Revenue	$11,626,104

Expenses
Program Services	$9,753,226
Administration	$2,123,530
Fundraising	$1,669,293
Total Expenses	$13,546,049
Net Gain/Loss	($1,919,945)

Functional expenses
Accounting Fees	$29,930
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$158,348
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$22,799
Pension Plan Contributions	$122,310
Professional Fundraising Expenses	$476,415

Revenue
Contributions	$7,844,404
Government Grants	$0
Program Services	$430,246
Investments	$73,085
Special Events	$0
Sales	$3,270,544
Other	$377,700
Total Revenue	$11,995,979

Expenses
Program Services	$8,322,443
Administration	$1,865,502
Fundraising	$1,542,695
Total Expenses	$11,730,640
Net Gain/Loss	$265,339

Functional expenses
Accounting Fees	$31,890
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$11,172
Pension Plan Contributions	$85,934
Professional Fundraising Expenses	$398,865

Revenue
Contributions	$8,199,942
Government Grants	$0
Program Services	$460,874
Investments	$74,484
Special Events	$0
Sales	$3,188,349
Other	$383,800
Total Revenue	$12,307,449

Expenses
Program Services	$8,805,014
Administration	$1,953,116
Fundraising	$1,442,327
Total Expenses	$12,200,457
Net Gain/Loss	$106,992

Functional expenses
Accounting Fees	$28,000
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$150,411
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$18,848
Pension Plan Contributions	$75,795
Professional Fundraising Expenses	$300,506

Revenue
Contributions	$7,551,716
Government Grants	$0
Program Services	$439,665
Investments	$65,342
Special Events	($97,184)
Sales	$3,282,597
Other	$374,555
Total Revenue	$11,616,691

Expenses
Program Services	$9,295,336
Administration	$2,786,144
Fundraising	$774,636
Total Expenses	$12,856,116
Net Gain/Loss	($1,239,425)

Functional expenses
Accounting Fees	$33,734
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$152,773
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$20,121
Pension Plan Contributions	$94,419
Professional Fundraising Expenses	$0

Revenue
Contributions	$8,241,196
Government Grants	$0
Program Services	$122,895
Investments	$42,609
Special Events	($22,073)
Sales	$2,689,911
Other	$154,480
Total Revenue	$11,229,018

Expenses
Program Services	$8,619,648
Administration	$2,547,621
Fundraising	$826,759
Total Expenses	$11,994,028
Net Gain/Loss	($765,010)

Functional expenses
Accounting Fees	$32,450
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$156,406
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$20,586
Pension Plan Contributions	$32,801
Professional Fundraising Expenses	$0

Precept Ministries of Reach Out, Inc.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$7,528,803
Cash & Equivalents	$1,745,754	$2,460,892	$715,138
Accounts Receivable	$234,615	$239,343	$4,728
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$534,468	$425,442	($109,026)
Investment, Securities	$43,184	$28,899	($14,285)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$5,070,158	$4,331,482	($738,676)
Other	$265,547	$428,860	$163,313
Total Assets	$7,893,726	$7,914,918	$21,192

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Accounts Payable	$309,020	$207,376	($101,644)
Grants Payable	$0	$0	$0
Deferred Revenue	$413,387	$665,694	$252,307
Loans and Notes	$355,382	$0	($355,382)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$336,831	$226,255	($110,576)
Total Liabilities	$1,414,620	$1,099,325	($315,295)

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Temporarily Restricted Net Assets	$356,318	$387,886	$31,568
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$356,318	$387,886	$31,568
Unrestricted Net Assets	$6,122,788	$6,427,707	$304,919
Net Assets	$6,479,106	$6,815,593	$336,487

Assets	Jan 01, 2009	Dec 31, 2009	Change
Contributions	$7,525,478
Cash & Equivalents	$2,460,892	$4,716,922	$2,256,030
Accounts Receivable	$239,343	$157,798	($81,545)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$425,442	$409,839	($15,603)
Investment, Securities	$28,899	$20,543	($8,356)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$4,331,482	$3,606,770	($724,712)
Other	$428,860	$297,219	($131,641)
Total Assets	$7,914,918	$9,209,091	$1,294,173

Liabilities	Jan 01, 2009	Dec 31, 2009	Change
Accounts Payable	$207,376	$520,997	$313,621
Grants Payable	$0	$0	$0
Deferred Revenue	$665,694	$157,586	($508,108)
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$226,255	$524,925	$298,670
Total Liabilities	$1,099,325	$1,203,508	$104,183

Fund balance	Jan 01, 2009	Dec 31, 2009	Change
Temporarily Restricted Net Assets	$387,886	$756,109	$368,223
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$387,886	$756,109	$368,223
Unrestricted Net Assets	$6,427,707	$7,249,474	$821,767
Net Assets	$6,815,593	$8,005,583	$1,189,990

Assets	Jan 01, 2010	Dec 31, 2010	Change
Contributions	$7,174,168
Cash & Equivalents	$4,716,922	$6,283,482	$1,566,560
Accounts Receivable	$157,798	$22,081	($135,717)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$409,839	$317,479	($92,360)
Investment, Securities	$20,543	$27,206	$6,663
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$3,606,770	$3,053,396	($553,374)
Other	$297,219	$167,290	($129,929)
Total Assets	$9,209,091	$9,870,934	$661,843

Liabilities	Jan 01, 2010	Dec 31, 2010	Change
Accounts Payable	$520,997	$436,065	($84,932)
Grants Payable	$0	$0	$0
Deferred Revenue	$157,586	$217,373	$59,787
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$524,925	$730,143	$205,218
Total Liabilities	$1,203,508	$1,383,581	$180,073

Fund balance	Jan 01, 2010	Dec 31, 2010	Change
Temporarily Restricted Net Assets	$756,109	$530,552	($225,557)
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$756,109	$530,552	($225,557)
Unrestricted Net Assets	$7,249,474	$7,956,801	$707,327
Net Assets	$8,005,583	$8,487,353	$481,770

Assets	Jan 01, 2011	Dec 31, 2011	Change
Contributions	$7,834,424
Cash & Equivalents	$6,283,482	$8,234,164	$1,950,682
Accounts Receivable	$22,081	$21,258	($823)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$317,479	$331,008	$13,529
Investment, Securities	$27,206	$22,078	($5,128)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$3,053,396	$3,054,100	$704
Other	$167,290	$221,281	$53,991
Total Assets	$9,870,934	$11,883,889	$2,012,955

Liabilities	Jan 01, 2011	Dec 31, 2011	Change
Accounts Payable	$436,065	$447,322	$11,257
Grants Payable	$0	$0	$0
Deferred Revenue	$217,373	$234,549	$17,176
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$730,143	$229,345	($500,798)
Total Liabilities	$1,383,581	$911,216	($472,365)

Precept Ministries of Reach Out, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of Precept Ministries of Reach Out, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2016	2017	2018	2019	2020
Unrestricted surplus (deficit) before depreciation	-$1,774,942	$632,778	$320,012	-$900,413	-$478,423
As % of expenses	-13.4%	5.5%	2.7%	-7.2%	-4.1%
Unrestricted surplus (deficit) after depreciation	-$2,047,255	$394,216	$76,835	-$1,192,925	-$765,010
As % of expenses	-15.1%	3.4%	0.6%	-9.3%	-6.4%

Revenue composition
Total revenue (unrestricted & restricted)	$11,626,104	$11,995,979	$12,307,449	$11,616,691	$11,229,018
Total revenue, % change over prior year	-4.4%	3.2%	2.6%	-5.6%	-3.3%
Program services revenue	4.5%	3.6%	3.7%	3.8%	1.1%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	0.3%	0.3%	0.3%	0.3%	0.1%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	63.0%	65.4%	66.6%	64.2%	73.2%
Other revenue	32.2%	30.7%	29.3%	31.7%	25.6%

Expense composition
Total expenses before depreciation	$13,273,736	$11,492,078	$11,957,280	$12,563,604	$11,707,441
Total expenses, % change over prior year	3.5%	-13.4%	4.0%	5.1%	-6.8%
Personnel	46.5%	44.5%	40.9%	44.3%	48.2%
Professional fees	14.1%	11.3%	8.6%	6.8%	4.7%
Occupancy	1.4%	1.5%	1.6%	3.6%	1.9%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	17.2%	17.8%	29.6%	30.2%	31.3%
All other expenses	20.7%	24.9%	19.3%	15.1%	13.9%

Full cost components (estimated)	2016	2017	2018	2019	2020
Total expenses (after depreciation)	$13,546,049	$11,730,640	$12,200,457	$12,856,116	$11,994,028
One month of savings	$1,106,145	$957,673	$996,440	$1,046,967	$975,620
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$434,458	$316,105	$0
Total full costs (estimated)	$14,652,194	$12,688,313	$13,631,355	$14,219,188	$12,969,648

Capital structure indicators

Liquidity	2016	2017	2018	2019	2020
Months of cash	5.4	6.8	6.3	5.0	5.6
Months of cash and investments	5.7	7.1	6.6	5.3	6.0
Months of estimated liquid unrestricted net assets	5.5	7.0	6.6	5.1	4.9

Balance sheet composition	2016	2017	2018	2019	2020
Cash	$6,019,101	$6,476,371	$6,307,069	$5,269,828	$5,486,028
Investments	$257,863	$311,978	$285,654	$313,953	$332,723
Receivables	$13,157	$18,737	$11,388	$8,232	$6,301
Gross land, buildings, equipment (LBE)	$10,330,793	$10,361,491	$10,381,947	$10,698,052	$10,821,789
Accumulated depreciation (as a % of LBE)	80.5%	82.6%	80.8%	81.1%	82.8%
Liabilities (as a % of assets)	5.0%	4.0%	3.6%	6.7%	18.2%
Unrestricted net assets	$8,116,318	$8,510,534	$8,587,369	$7,394,444	$6,629,434
Temporarily restricted net assets	$145,220	$16,343	$46,500	N/A	N/A
Permanently restricted net assets	$0	$0	$0	N/A	N/A
Total restricted net assets	$145,220	$16,343	$46,500	$0	$0
Total net assets	$8,261,538	$8,526,877	$8,633,869	$7,394,444	$6,629,434

Key data checks

Key data checks	2016	2017	2018	2019	2020
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

President \u0026 CEO

Mr. David Arthur

David Arthur understood the importance of Inductive Bible Study at a young age under the spiritual leadership of his parents, Jack and Kay Arthur. David shares his parent\u0027s passion of establishing people in God\u0027s Word. Over the years David has been mentored by his parents\u0027 teaching and shares their view of the Bible.\r\n\r\nPrior to his role at Precept, David worked in the business world with IBM and small businesses. Starting in 1999 David worked several years as a pastor in both the Presbyterian Church of America and the Associate Reformed Presbyterian Church. Just before coming to Precept, he was Vice President with Generous Giving, working with givers and pastors. David holds a Bachelor\u0027s Degree in Organizational Management from Covenant College and a Masters of Arts in Theological Studies from Reformed Theological Seminary.

Number of employees

Source: IRS Form 990

Precept Ministries of Reach Out, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

Precept Ministries of Reach Out, Inc.

Highest paid employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of highest paid employee data for this organization

Precept Ministries of Reach Out, Inc.

Board of directors
as of 01/23/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Steve Strand

Strand Ag Supply

Term: 2020 -

Kay Arthur

Founder

Ken Guise

n/A

Cary Humphries

N/A

Steve Strand

N/A

Marilyn Crone

N/A

John Wilcox

James Harris

Ashley Freer

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/23/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Male, Not transgender (cisgender)

Sexual orientation

Heterosexual or straight

Disability status

Person without a disability

Race & ethnicity

Gender identity

Sexual orientation

Disability

No data

Contractors

Fiscal year ending

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities

Gross receipts from fundraising

Retained by organization

Paid to fundraiser

Precept Ministries of Reach Out, Inc.

Know God Deeply. Live Differently.

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

Our programs

Inductive Bible Study

Where we work

Awards

Affiliations & memberships

Our results

Evaluation documents

Number of new Bible Study Leaders trained worldwide

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Goals & Strategy

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2020 info

3.95

Months of cash in 2020 info

5.6

Fringe rate in 2020 info

16%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Precept Ministries of Reach Out, Inc.

Precept Ministries of Reach Out, Inc.

Precept Ministries of Reach Out, Inc.

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

President \u0026 CEO

Mr. David Arthur

Number of employees

Precept Ministries of Reach Out, Inc.

Compensation data

Precept Ministries of Reach Out, Inc.

Compensation data

Precept Ministries of Reach Out, Inc.

Board of directors data

Steve Strand

Board leadership practices

Board orientation and education

CEO oversight

Ethics and transparency

Board composition

Board performance

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Contractors

Professional fundraisers

Solicitation activities

Liquidity in 2020

Months of cash in 2020

Fringe rate in 2020

Funding sources

Assets & liabilities