Civic Intelligence

Forum for Scriptural Christianity Inc

EIN 36-2680478 • 501(c)3 • Spring, TX

Profile

Good news advocates supports scriptural christianity among all united methodists, as emphasized in wesleyan doctrine practice, through the use of print/electronic media by participating in the governance structure of the united methodist church.

PO Box 132076Spring, TX 77393-2076

www.goodnewsmag.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.00x

Higher debt load relative to revenue than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

2nd percentile

-230%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

4th percentile

-44%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

7th percentile

-41%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Down

$659,216

Down $1,388,588 (-68%) from 2023

Liabilities

Down

$2,556

Down $65,309 (-96%) from 2023

Net Assets

Down

$656,660

Down $1,323,279 (-67%) from 2023

Revenue

Down

$576,061

Down $373,853 (-39%) from 2023

Expenses

Up

$1,899,340

Up $931,852 (+96%) from 2023

Net Income

Down

-$1,323,279

Down $1,305,705 (-7430%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $253,814Liabilities 2010: $35,666Net Assets 2010: $218,1482010Assets 2011: $526,213Liabilities 2011: $8,833Net Assets 2011: $517,3802011Assets 2012: $627,238Liabilities 2012: $3,906Net Assets 2012: $623,3322012Assets 2013: $690,699Liabilities 2013: $2,478Net Assets 2013: $688,2212013Assets 2014: $609,615Liabilities 2014: $9,943Net Assets 2014: $599,6722014Assets 2015: $623,358Liabilities 2015: $697Net Assets 2015: $622,6612015Assets 2016: $519,400Liabilities 2016: $21,491Net Assets 2016: $497,9092016Assets 2017: $607,450Liabilities 2017: $4,664Net Assets 2017: $602,7862017Assets 2018: $889,814Liabilities 2018: $3,419Net Assets 2018: $886,3952018Assets 2019: $919,923Liabilities 2019: $2,199Net Assets 2019: $917,7242019Assets 2020: $1,120,496Liabilities 2020: $17,727Net Assets 2020: $1,102,7692020Assets 2021: $1,299,522Liabilities 2021: $4,498Net Assets 2021: $1,295,0242021Assets 2022: $2,105,396Liabilities 2022: $136,889Net Assets 2022: $1,968,5072022Assets 2023: $2,047,804Liabilities 2023: $67,865Net Assets 2023: $1,979,9392023Assets 2024: $659,216Liabilities 2024: $2,556Net Assets 2024: $656,6602024

Highlighted filing

2024

Assets$659,216
Liabilities$2,556
Net Assets$656,660

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $588,0862010Expenses 2011: $550,7022011Expenses 2012: $717,7952012Revenue 2013: $864,583Expenses 2013: $801,882Net Income 2013: $62,7012013Revenue 2014: $842,967Expenses 2014: $933,363Net Income 2014: -$90,3962014Revenue 2015: $990,545Expenses 2015: $967,082Net Income 2015: $23,4632015Revenue 2016: $1,318,923Expenses 2016: $1,448,981Net Income 2016: -$130,0582016Revenue 2017: $963,962Expenses 2017: $867,349Net Income 2017: $96,6132017Revenue 2018: $1,145,688Expenses 2018: $847,540Net Income 2018: $298,1482018Revenue 2019: $1,242,590Expenses 2019: $1,242,920Net Income 2019: -$3302019Revenue 2020: $1,077,579Expenses 2020: $924,229Net Income 2020: $153,3502020Revenue 2021: $1,135,552Expenses 2021: $960,016Net Income 2021: $175,5362021Revenue 2022: $1,660,588Expenses 2022: $946,092Net Income 2022: $714,4962022Revenue 2023: $949,914Expenses 2023: $967,488Net Income 2023: -$17,5742023Revenue 2024: $576,061Expenses 2024: $1,899,340Net Income 2024: -$1,323,2792024

Highlighted filing

2024

Revenue$576,061
Expenses$1,899,340
Net Income-$1,323,279

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.58$1.90$1.32
2023Detailed filing. Detailed filing data is available for this year.$2.05$0.07$1.98$0.95$0.97$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.11$0.14$1.97$1.66$0.95$0.71
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$1.14$0.96$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.12$0.02$1.10$1.08$0.92$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$1.24$1.24$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$1.15$0.85$0.30
2017Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.60$0.96$0.87$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.02$0.50$1.32$1.45$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.99$0.97$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.01$0.60$0.84$0.93$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.86$0.80$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.00$0.62$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.01$0.52$0.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.04$0.22$0.59
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 3, 2025
Return Version
2024v5.1
Gross Receipts
$2,162,266
Mission and Program Overview

Mission

Good News advocates & supports scriptural Christianity among all United Methodists, as emphasized in Wesleyan doctrine & practice, through the use of print/electronic media & by participating in the governance structure of the United Methodist Church.

Good news is a catalyst for the faithful and vibrant practice of traditional, bible-centered christianity within the united methodist church.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,081,052--
Cash and Non-Interest-Bearing Accounts$816,828$634,508▼ $182,320
Prepaid Expenses and Deferred Charges$45,531$12,818▼ $32,713
Savings and Temporary Cash Investments$14,667$10,433▼ $4,234
Investments in Publicly Traded Securities$8,861--
Inventories for Sale or Use$1,441--
Land, Buildings, and Equipment, Net$2,175$1,376▼ $799
Accounts Receivable$11,566$81▼ $11,485
Total Assets$2,047,804$659,216▼ $1,388,588
Other Assets Total$65,683--
Liabilities
Other Liabilities$66,233--
Accounts Payable and Accrued Expenses$1,632$2,556▲ $924
Total Liabilities$67,865$2,556▼ $65,309
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,946,347$656,660▼ $1,289,687
Net Assets With Donor Restrictions$33,592--
Total Net Assets Fund Balance$1,979,939$656,660▼ $1,323,279
Total Liabilities and Net Assets / Fund Balance$2,047,804$659,216▼ $1,388,588

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,376$26,223$27,599
Other Land Buildings-$11,317$11,317
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas a LambrechtVice PresidentFT$118,014$31,008$149,022
Rob RenfroePresidentPT$47,052-$47,052

Board Members and Trustees

NameTitle
Helen Rhea StumboBoard Chairperson
Ryan Barnett1st Vice Chair
Bequi FloresDirector
Beth Ann CookDirector
Branson SheetsDirector
Chris BoundsDirector
Dixie BrewsterDirector
Jeff HarperDirector
Jj MannschreckDirector
John BeyersDirector
John Grenfell IiiDirector
Joy GriffinDirector
Leah Hidde-gregoryDirector
Mary WhiteDirector
Michael WalkerDirector
Norma MorrisonDirector
Riley CaseDirector
Sandra GrayDirector
Shea ReyengaDirector
Tom ThomasDirector
Willa KynardDirector
Chuck SavageDevelopment
Tom BentumNominations Governance
Richard ThompsonSecretary
Norman NeelTreasurer, Finance/audit
Revenue and Support

Revenue Composition

Contributions and Grants
$467,295
Program Service Revenue
$52,566
Investment Income
$54,663
Other Revenue
$1,537
All Other Contributions
$467,295
Change in Net Assets
$-1,323,279

Audited Revenue Reconciliation

Revenue per Audited Statements
$576,061
Total Revenue per Audited Statements
$576,061
Total Revenue per Form 990
$576,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$836,817
Grants and Similar Amounts Paid$581,002
Salaries, Compensation, and Employee Benefits$481,521
Total Fundraising Expense$113,959
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$581,002--$581,002
Other Salaries and Wages$115,288$89,467$58,020$262,784
Current Officers, Directors, Trustees, and Key Employees$188,623-$7,451$196,074
All Other Expenses$140,641$13,912$9,038$163,582
Occupancy$41,969$17,126$11,251$70,346
Fees for Service Investment Mgmnt Fees$56,347--$56,347
Travel$3,946$29,685-$33,631
Fees for Services Accounting-$20,780-$20,780
Payroll Taxes$7,408$6,898$4,401$18,707
Office Expenses$3,641$4,531$7,635$15,807
Other Expenses$2,340$1,408$7,237$10,985
Insurance-$4,970-$4,970
Other Employee Benefits-$3,956-$3,956
Depreciation Depletion$64$735-$799
Total Functional Expenses$1,591,910$193,471$113,959$1,899,340

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,899,340
Total Expenses per Audited Statements$1,899,340
Total Expenses per Form 990$1,899,340
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Global Methodist ChurchKing George, VA501c3Support of General Conference$250,000
Global Methodist ChurchKing George, VA501c3Support of General Conference$250,000
Love & Truth NetworkGlendale, AZ501c3Board Grant Benefit$50,000
Gmc Midtexas ConferenceWaco, TX501c3Benefit Gmc Womens Ministry$26,002
Global Methodist ChurchKing George, VA501c3Support of General Conference$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Operating Lease Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section SECTION B, Line LINE 11B

An electonic copy of the completed form 990 will be sent to all active board members prior to filing upon receipt of the copy of the form 990, board members may submit in writing or verbally any concerns they may have about the information containd in the form 990.

Form 990, Part VI, Section SECTION B, Line LINE 12C

When any director or the president/publisher has a potential conflict of interest or a perceived conflict of interest, he or she shall immediately notify the board chair in writing. When any staff member paid or volunteer has a potential conflict of interest or preceived conflict of interest, he or she shall notify the president/publisher in writing. When a conflict of interest is relevant to a matter under consideration by the board or a board committee, the interested person shall call it to the attention of the board chair and shall not be present during board or committee discussion or decision on the matter. However, that person shall provide theboard or applicable committee with any and all relevant information on the particular matter.

Form 990, Part VI, Section SECTION B, Line LINE 15

Compensation of top management officials, the president and publisher, as well as all officers and key employees is reviwed, endorsed and documented by the executive committee of the board of directors and approved byu the board of directors.

Form 990, Part VI, Section SECTION C, Line LINE 19

Governing documents, conflict of interest policy and financial statements are made available tothe public upon request.

Filing and Contact Details

Filer

Filer Name
Forum for Scriptural Christianity Inc
EIN
36-2680478
Phone
8328138327
Address
PO BOX 132076, SPRING, TX 77393-2076
Doing Business As
Dba Good News

Signing Officer

Name
Rev Thomas a Lambrecht
Title
Vice President
Phone
8328138327
Signed
2025-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Thomas a Lambrecht
Formed
1967
Legal Domicile
Il
Voting Board Members
26
Independent Board Members
26
Employees
7

Preparer

Firm
Breedlove & Co Pc
Address
17014 Seven Pines Dr, Spring, TX 77379
Preparer
Jill a Henze
Phone
2813791065
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