Baptist Standard Publishing Co EIN 75-0800610

Baptist Standard Publishing Co

EIN  75-0800610 Religious organization Plano, TX Founded 1915
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Size
$1–10M
What they do
Publishes Christian news and resources online, in an app, and by email for Baptists.
Leadership
Eric Black · Executive Dir. · $112K
Money in and out
$1.1M revenue, $741K expenses
Bottom line
58% program efficiency

Publishes Christian news and resources online, in an app, and by email for Baptists. For fiscal year 2025 it reported $1.1M in revenue, $741K in expenses, and $12.0M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$741K
Pt IX · Ln 25
Net assets
$12.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $310K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.32 Fundraising $0.10
Program efficiency
58%
of spending reaches programs▲ +18% vs prior filing year
Operating runway
204.1mo
months of highly liquid reserves at operating expense rate▼ -23% vs prior filing year
Surplus margin
+29%
revenue over expenses, this year▼ -55% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.1M
FY2025▼ -51%
Expenses
$741K
FY2025▲ +1%
Total assets
$12.6M
FY2025▼ -23%
Total liabilities
$530K
FY2025▼ -1%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$741K
Pt IX · Ln 25
Net assets
$12.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$310K
Total assetsPt X · Ln 16$12.6M
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

1 program service account for $426K of program spending, described in the organization's own filed words · FY2025.
01

Christian religious media. Content was posted to the baptist standard website, which fed to social media and a curated weekly edition delivered by email.

$426Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBaptist Standard Publishing Co
EINHdr · item D75-0800610
Principal addressHdr · item CPlano, TX
WebsiteHdr · item Jwww.baptiststandard.com
Year of formationHdr · item L1915
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X830)
Ruling yearIRS BMFOct 1939

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$112,459Pt VII · Sec A
Managing Edit
$109,198Pt VII · Sec A
Opp Director
$45,505Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Eric Black’s $112K as Executive Dir. is at the 59th percentile of top reported officer pay among 1637 $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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Eric Black$112,459$125,617$119,635$115,000$99,781$97,976
Ken Camp$109,198$111,170$102,990
Kayla Peltoma$22,250$87,735$86,493
Kelley Trimble$45,505

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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Statement of Revenue

Part VIII
Investment income$809K · 77%
Contributions & grants$119K · 11%
Program service revenue$112K · 11%
Other revenue$11K · 1%
Investment income77%$809K
Contributions & grants11%$119K
Program service revenue11%$112K
Other revenue1%$11K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.32 Fundraising $0.10
Program services58%$426K
Management & general32%$237K
Fundraising10%$77K
Total functional expensesLn 25$741K

Balance Sheet

Part X · end of year
CashLn 1$67K
Total assetsLn 16$12.6M
Total liabilitiesLn 26$530K
Total net assetsLn 32$12.0M
Months of cash on handcomputed1.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12.6M · Operating expenses (Pt IX) $741K · Less non-cash grants $3K · Cash operating expenses/yr $738K
204.1 months
Where the money goes
Program services
Program services $426K · Total expenses $741K
58%
Management & General
Management & general $237K · Total expenses $741K
32%
Fundraising
Fundraising $77K · Total expenses $741K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $65K · Solicited contributions (3-yr avg) $192K
$0.34 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $119K · Total revenue $1.1M
11%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $112K · Total revenue $1.1M
11%
Investment reliance
Investment income $809K · Total revenue $1.1M
+77%
Program self-sufficiency
Program service revenue $112K · Total expenses $741K
15%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $2.1M
-51%
Revenue CAGR
FY2020 $701K · FY2025 $1.1M
+8%
Net-asset trend (YoY)
End of year $12.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $741K
+29%
Liabilities-to-Assets
Total liabilities — · Total assets $12.6M
Net-asset ratio
Net assets $12.0M · Total assets $12.6M
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $12.5M · Total assets (Pt X, ln 16) $12.6M
99%
People & payroll
Highest Reported Total Compensation
Individual Eric Black · Reported title Executive Dir. · Highest reported compensation $112K · Total expenses $741K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $555K · Total expenses $741K
75%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 32%
Fundraising cost ratio 65%
Revenue growth -51%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$45

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2024$2.1M revenue · ⤓ 990 PDF
FY2023$827K revenue · ⤓ 990 PDF
FY2022$768K revenue · ⤓ 990 PDF
FY2021$835K revenue · ⤓ 990 PDF
FY2020$701K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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