Theocast INC EIN 82-1920771 Form 990 (PDF) Claim this org

Theocast INC

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Share the gospel worldwide through digital content, fostering faith and understanding. For fiscal year 2025 it reported $198K in revenue, $209K in expenses, and $-16K in net assets.Pt I

Type
Religious organization · Religion
Location
Spring Hill, TN
Filings
3 on file (2023–2025)
Revenue
$198KFY2025
Expenses
$209K
Net assets
$-16K
People
3
Filings
3
Updates
0
More identity details & actions ⌄
EIN  82-1920771 Religious organization Spring Hill, TN
Form 990 (PDF)
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Size
$100K–1M
What they do
Share the gospel worldwide through digital content, fostering faith and understanding.
Leadership
Jonathan Moffitt · President Executive Director
Money in and out
$198K revenue, $209K expenses
Bottom line
71% program efficiency
Where the money goes · FY2025
Total revenue
$198K
Pt VIII · Ln 12
Total expenses
$209K
Pt IX · Ln 25
Net assets
$-16K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$11K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.29
Program efficiency
71%
of spending reaches programs
Operating runway
0.7mo
months of highly liquid reserves at operating expense rate▼ -42% vs prior filing year
Surplus margin
-6%
revenue over expenses, this year▼ -15% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$198K
FY2025▲ +15%
Total revenue
$198K
Pt VIII · Ln 12
Total expenses
$209K
Pt IX · Ln 25
Net assets
$-16K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$11K
Total assetsPt X · Ln 16$12K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTheocast INC
EINHdr · item D82-1920771
Principal addressHdr · item CSpring Hill, TN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFNov 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President Executive Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary Treasurer
$0Pt VII · Sec A
See Theocast INC executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $149K of program spending, described in the organization's own filed words · FY2025.
01

Program Service 1

Memberships Services provided: Theocast operates a membership supported discipleship and theological education program that provides ongoing teaching and community support centered on gospel clarity and pastoral care.

$120Kprogram expense
02

Program Service 2

Events Services provided: Theocast conducts events that provide in person and live online training focused on biblical theology pastoral encouragement and practical ministry application. Events include conferences workshops live recordings or regional meetups.

$25Kprogram expense
03

Program Service 3

Sales of Product Services provided: Theocast produces and distributes mission aligned educational resources including books and related media products to equip individuals families and churches with gospel centered teaching. Product services include writing editing design publishing coordination inventory management and customer support.

$3Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$91K · 46%
Contributions & grants$82K · 41%
Other revenue$25K · 13%
Program service revenue46%$91K
Contributions & grants41%$82K
Other revenue13%$25K
Total revenueLn 12$198K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.29
Program services71%$149K
Management & general29%$61K
Total functional expensesLn 25$209K

Balance Sheet

Part X · end of year
CashLn 1$12K
Total assetsLn 16$12K
Total liabilitiesLn 26$28K
Total net assetsLn 32$-16K
Months of cash on handcomputed0.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12K · Operating expenses/yr $209K
0.7 months
Where the money goes
Program services
Program services $149K · Total expenses $209K
71%
Management & General
Management & general $61K · Total expenses $209K
29%
Fundraising
Fundraising $0 · Total expenses $209K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $82K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $82K · Total revenue $198K
41%
Government reliance
Government grants $0 · Total revenue $198K
0%
Earned-income share
Program service revenue $91K · Total revenue $198K
46%
Investment reliance
Investment income $0 · Total revenue $198K
0%
Program self-sufficiency
Program service revenue $91K · Total expenses $209K
44%
Growth & trend
Revenue growth (YoY)
This year $198K · Prior year $172K
+15%
Net-asset trend (YoY)
End of year $-16K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $198K · Expenses $209K
-6%
Liabilities-to-Assets
Total liabilities $28K · Total assets $12K
237%
Net-asset ratio
Net assets $-16K · Total assets $12K
-137%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $12K
0%
People & payroll
Highest Reported Total Compensation
Individual Jonathan Moffitt · Reported title President Executive Director · Highest reported compensation $0 · Total expenses $209K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $209K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 29%
Fundraising cost ratio 0%
Revenue growth 15%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 0%

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$866

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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)$198K revenue · viewing · ⤓ 990 PDF
FY2024$172K revenue · ⤓ 990 PDF
FY2023$151K 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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