The Baptist Courier

Tax-deductible

Greenville, SC501(c)(3)ReligionEIN 57-0334023

Source of information & inspiration to Baptists of SC through the publishing of a magazine.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
Run by 15 volunteers and 7 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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 surplus $25K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$216K
to officers and key staff · 19% of spending
Top officer’s pay higher than 74% of similar orgs
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$97K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
+35% vs prior year
Spent
$1.1M
To programs
71%
Net assets
$4.7M
By yearFY2020–FY2024
Revenue
$1.0M
FY2024▲ +35%
Revenue by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$933K
FY2023$746K
FY2024$1.0M
Expenses
$1.1M
FY2024▲ +10%
Expenses by fiscal year
FY2020$862K
FY2021$895K
FY2022$940K
FY2023$1.0M
FY2024$1.1M
Net assets
$4.7M
FY2024▼ -0.9%
Net assets by fiscal year
FY2020$5.3M
FY2021$5.7M
FY2022$4.5M
FY2023$4.8M
FY2024$4.7M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1964.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $801K Management & general 29% · $319K

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

Who runs it and what they're paid

16 people listed on the 990; $216K paid to officers and key staff.

Part VII, Section A · reportable compensation
Editor & President
$141,770Pt VII · Sec A
Chief Financial Officer
$74,645Pt VII · Sec A
Board Vice-Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Charles J Robinson SR’s $142K as Editor & President is at the 74th percentile of top reported officer pay among 1636 $1–10M 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Charles J Robinson SR$141,770————
James R Gray—$14,425$89,184$89,889$89,798
Charles J Robinson SR—$87,543———
Christopher G Holliday$74,645————
Christopher G Holliday—$72,311$67,244$64,637$64,797

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.

See The Baptist Courier executive salaries →

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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 15aYes

Programs and updates

Publishes a magazine to inform and inspire South Carolina Baptists.

Provided by the organization

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1 program service account for $801K of program spending, described in the organization's own filed words · FY2024.
01

The courier publishes news and features about the ministries of the south carolina baptist convention and the southern baptist convention. The courier reaches the homes of approximately 20,000 baptists in south carolina in its print edition and approximately 30,000 online readers each month through the website.

$801Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Fees for servicesLn 2g$430K
Investment incomeLn 3$404K
Gifts and grantsLn 1h$170K
Money outPt IX
$1.1M
Ln 25
Programscol B$801K
Managementcol C$319K
Owns and owesPt X
$4.7M
net assets · Ln 32
Cash and savingsLn 1–2$142K
Total assetsLn 16$4.8M
LiabilitiesLn 26$97K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$170K
Fees for servicesLn 2g$430K
Investment incomeLn 3$404K
Other incomeLn 4–11$451
Gains on assetsLn 7$259K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$27K
SavingsLn 2$115K
Cash and savings togetherLn 1–2$142K
InvestmentsLn 11–13$4.4M
Land, buildings, equipmentLn 10c$216K
Total assetsLn 16$4.8M
LiabilitiesLn 26$97K
Net assetsLn 32$4.7M
OperationsPt I, VI
EmployeesI 57
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$210K$142K
InvestmentsLn 11–13$4.5M$4.4M
Land, buildings, equipmentLn 10c$196K$216K
Total assetsLn 16$4.9M$4.8M
LiabilitiesLn 26$138K$97K
Net assetsLn 32$4.8M$4.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$335K$207K$128K
Other salaries and wagesLn 7$266K$204K$62K
Pension plan contributionsLn 8$20K$16K$4K
Other employee benefitsLn 9$30K$28K$1K
Payroll taxesLn 10$26K$18K$8K
Accounting feesLn 11c$14K$4K$10K
Investment management feesLn 11f$66K$66K
Advertising and promotionLn 12$7K$2K$5K
Office expensesLn 13$5K$3K$3K
Information technologyLn 14$13K$8K$5K
OccupancyLn 16$15K$9K$6K
TravelLn 17$10K$5K$6K
Depreciation, depletion and amortizationLn 22$11K$7K$4K
InsuranceLn 23$8K$5K$3K
Other expenses (24a–d)Ln 24$290K$284K$6K
All other expensesLn 24e$3K$873$2K
Total functional expensesLn 25$1.1M$801K$319K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.0M$1.1M−$115K$4.7M 990 PDF
FY2023 $746K$1.0M−$271K$4.8M 990 PDF
FY2022 $933K$940K−$7K$4.5M 990 PDF
FY2021 $1.2M$895K$324K$5.7M 990 PDF
FY2020 $1.1M$862K$193K$5.3M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,005,502 across 8 lines filed
VIII-1d Related organizations$156,805
VIII-1f All other contributions, gifts and grants$13,431
VIII-1h Total contributions, gifts and grants$170,236
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $296,254 · Unrelated business $134,095$430,349
VIII-3 Investment incomeExcluded from tax $145,305$145,305
VIII-7 Net gain or loss on sales of assetsExcluded from tax $259,161$259,161
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $451$451
VIII-12 Total revenueRelated to mission $296,254 · Unrelated business $134,095 · Excluded from tax $404,917$1,005,502
Part IX · Statement of functional expenses $1,120,738 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $207,096 · Management $128,188$335,284
IX-7 Other salaries and wagesPrograms $204,012 · Management $62,197$266,209
IX-8 Pension plan contributionsPrograms $15,968 · Management $3,628$19,596
IX-9 Other employee benefitsPrograms $28,340 · Management $1,164$29,504
IX-10 Payroll taxesPrograms $18,211 · Management $7,805$26,016
IX-11c Accounting feesPrograms $4,290 · Management $10,010$14,300
IX-11f Investment management feesManagement $66,482$66,482
IX-12 Advertising and promotionPrograms $1,971 · Management $4,600$6,571
IX-13 Office expensesPrograms $2,847 · Management $2,608$5,455
IX-14 Information technologyPrograms $7,983 · Management $5,322$13,305
IX-16 OccupancyPrograms $9,075 · Management $6,050$15,125
IX-17 TravelPrograms $4,524 · Management $5,529$10,053
IX-22 Depreciation, depletion and amortizationPrograms $6,658 · Management $4,439$11,097
IX-23 InsurancePrograms $5,091 · Management $3,394$8,485
IX-24 Other expenses (24a–d)Programs $284,328 · Management $6,013$290,341
IX-24e All other expensesPrograms $873 · Management $2,042$2,915
IX-25 Total functional expensesPrograms $801,267 · Management $319,471 · Fundraising $0$1,120,738
Part X · Balance sheet $4,827,527 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $33,425$26,742
X-2 Savings and temporary cash investmentsStart of year $176,504$115,122
X-4 Accounts receivableStart of year $21,789$21,273
X-9 Prepaid expenses and deferred chargesStart of year $5,960$21,712
X-10c Land, buildings and equipment, netStart of year $195,817$216,175
X-11 Publicly traded securitiesStart of year $3,739,835$4,200,152
X-12 Other securitiesStart of year $740,411$226,351
X-16 Total assetsStart of year $4,913,741$4,827,527
X-17 Accounts payable and accrued expensesStart of year $49,418$43,393
X-19 Deferred revenueStart of year $88,925$54,002
X-26 Total liabilitiesStart of year $138,343$97,395
X-27 Net assets without donor restrictionsStart of year $4,771,688$4,729,082
X-28 Net assets with donor restrictionsStart of year $3,710$1,050
X-32 Total net assets or fund balancesStart of year $4,775,398$4,730,132
X-33 Total liabilities and net assetsStart of year $4,913,741$4,827,527
Part XI · Reconciliation of net assets $4,730,132 net assets at year end
XI-1 Total revenue$1,005,502
XI-2 Total expenses$1,120,738
XI-3 Revenue less expenses−$115,236
XI-4 Net assets at start of year$4,775,398
XI-5 Net unrealized gains (losses) on investments$69,970
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,730,132

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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