Contexticon Learning and Research INC FY2020 filing

Tax-deductible

Cambridge, MA501(c)(3)ReligionEIN 04-3382124

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The organization's mission is to promote public understanding of biblical writings by undertaking and sponsoring scholarly Research with respect to such writings from the perspectives of language, history, culture and religion and to publish the results of such Research in electronic and other media.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$104K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $21K a year · 5% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$104K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $152K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$160K
53% of total assets
Fine: liabilities are 53% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$463K
Spent
$455K
To programs
78%
Net assets
$140K
By yearFY2020–FY2024
Revenue
$463K
FY2020
Revenue by fiscal year
FY2020$463K
FY2021$461K
FY2022$327K
FY2023$306K
FY2024$362K
Expenses
$455K
FY2020
Expenses by fiscal year
FY2020$455K
FY2021$494K
FY2022$412K
FY2023$353K
FY2024$308K
Net assets
$140K
FY2020
Net assets by fiscal year
FY2020$140K
FY2021$108K
FY2022$23K
FY2023−$25K
FY2024$29K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $356K Management & general 19% · $88K Fundraising 2% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990; $104K paid to officers and key staff.

Part VII, Section A · reportable compensation
$103,941Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Richard M Harley’s $102K as President is at the 90th percentile of top reported officer pay among 2132 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Richard M Harley$102,000$93,500$101,999$148,250$103,941
R Alan Culpepper$16,000—$5,000$750—
Eldon Jay Epp———$750—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes biblical understanding through scholarly research and publication.

Provided by the organization

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1 program service account for $356K of program spending, described in the organization's own filed words · FY2020.
01

Scholarly research at five universities contributing to computer database. Editorial work at central editorial office to prepare research materials for inclusion in the database.

$356Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$152K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$463K
Ln 12
Gifts and grantsLn 1h$461K
Fees for servicesLn 2g$2K
Money outPt IX
$455K
Ln 25
Programscol B$356K
Managementcol C$88K
Fundraisingcol D$11K
Owns and owesPt X
$140K
net assets · Ln 32
Cash and savingsLn 1–2$80K
Total assetsLn 16$300K
LiabilitiesLn 26$160K
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$461K
Fees for servicesLn 2g$2K
Total revenueLn 12$463K
Assets in detailPt X, end of year
CashLn 1$80K
Cash and savings togetherLn 1–2$80K
Land, buildings, equipmentLn 10c$215K
Other assetsLn 15$2K
Total assetsLn 16$300K
LiabilitiesLn 26$160K
Net assetsLn 32$140K
OperationsPt I, VI
EmployeesI 58
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$16K$80K
Land, buildings, equipmentLn 10c$145K$215K
Total assetsLn 16$166K$300K
LiabilitiesLn 26$33K$160K
Net assetsLn 32$133K$140K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$102K$46K$46K$10K
Other salaries and wagesLn 7$151K$148K$3K
Other employee benefitsLn 9$2K$1K$1K
Payroll taxesLn 10$18K$13K$4K$775
Legal feesLn 11b$5K$3K$2K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$4K$1K$3K
Office expensesLn 13$6K$320$6K
OccupancyLn 16$37K$30K$7K
TravelLn 17$5K$3K$3K
Conferences, conventions and meetingsLn 19$843$172$654$17
Depreciation, depletion and amortizationLn 22$86K$86K
InsuranceLn 23$3K$1K$1K
Other expenses (24a–d)Ln 24$21K$19K$2K
All other expensesLn 24e$5K$3K$2K
Total functional expensesLn 25$455K$356K$88K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $362K$308K$54K$29K 990 PDF
FY2023 $306K$353K−$48K−$25K 990 PDF
FY2022 $327K$412K−$85K$23K 990 PDF
FY2021 $461K$494K−$33K$108K 990 PDF
FY2020 Viewing $463K$455K$7K$140K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $462,570 across 4 lines filed
VIII-1f All other contributions, gifts and grants$460,920
VIII-1h Total contributions, gifts and grants$460,920
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,650$1,650
VIII-12 Total revenueRelated to mission $1,650 · Unrelated business $0 · Excluded from tax $0$462,570
Part IX · Statement of functional expenses $455,343 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $45,900 · Management $45,900 · Fundraising $10,200$102,000
IX-7 Other salaries and wagesPrograms $148,165 · Management $2,580$150,745
IX-9 Other employee benefitsPrograms $1,000 · Management $1,000$2,000
IX-10 Payroll taxesPrograms $13,277 · Management $3,761 · Fundraising $775$17,813
IX-11b Legal feesPrograms $3,266 · Management $2,177$5,443
IX-11c Accounting feesManagement $8,000$8,000
IX-11g Other fees for servicesPrograms $1,461 · Management $2,789$4,250
IX-13 Office expensesPrograms $320 · Management $5,577$5,897
IX-16 OccupancyPrograms $29,947 · Management $7,487$37,434
IX-17 TravelPrograms $2,708 · Management $2,708$5,416
IX-19 Conferences, conventions and meetingsPrograms $172 · Management $654 · Fundraising $17$843
IX-22 Depreciation, depletion and amortizationPrograms $85,987$85,987
IX-23 InsurancePrograms $1,454 · Management $1,453$2,907
IX-24 Other expenses (24a–d)Programs $19,036 · Management $2,380$21,416
IX-24e All other expensesPrograms $3,319 · Management $1,873$5,192
IX-25 Total functional expensesPrograms $356,012 · Management $88,339 · Fundraising $10,992$455,343
Part X · Balance sheet $299,900 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $16,483$80,239
X-9 Prepaid expenses and deferred chargesStart of year $3,100$3,105
X-10c Land, buildings and equipment, netStart of year $144,522$214,723
X-15 Other assetsStart of year $1,833$1,833
X-16 Total assetsStart of year $165,938$299,900
X-17 Accounts payable and accrued expensesStart of year $7,136$9,989
X-19 Deferred revenueStart of year $26,000$100,000
X-25 Other liabilitiesStart of year $0$49,882
X-26 Total liabilitiesStart of year $33,136$159,871
X-27 Net assets without donor restrictionsStart of year $132,802$75,029
X-28 Net assets with donor restrictions$65,000
X-32 Total net assets or fund balancesStart of year $132,802$140,029
X-33 Total liabilities and net assetsStart of year $165,938$299,900
Part XI · Reconciliation of net assets $140,029 net assets at year end
XI-1 Total revenue$462,570
XI-2 Total expenses$455,343
XI-3 Revenue less expenses$7,227
XI-4 Net assets at start of year$132,802
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$140,029

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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