Civic Intelligence

Associated Baptist Press Inc

990 • Fiscal year 2018 • EIN 58-1930302

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

PO Box 21148Winstonsalem, NC 27120

(336) 717-1135

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.20x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

52nd percentile

0.04x

Higher debt load relative to revenue than 52% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

23rd percentile

-8.1%

Higher net margin than 23% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

5th percentile

-32%

Faster asset growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

17th percentile

-17%

Faster revenue growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$168,179

Down $79,776 (-32%) from 2017

Net Assets

Down

$133,842

Down $75,887 (-36%) from 2017

Liabilities

Down

$34,337

Down $3,889 (-10%) from 2017

Revenue

Down

$900,587

Down $183,514 (-17%) from 2017

Expenses

Down

$973,887

Down $160,514 (-14%) from 2017

Net Income

Down

-$73,300

Down $23,000 (-46%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $240,463Liabilities 2011: $16,670Net Assets 2011: $223,7932011Assets 2012: $221,796Liabilities 2012: $2,715Net Assets 2012: $219,0812012Assets 2013: $242,611Liabilities 2013: $432Net Assets 2013: $242,1792013Assets 2014: $201,414Liabilities 2014: $29,811Net Assets 2014: $171,6032014Assets 2015: $179,855Liabilities 2015: $16,159Net Assets 2015: $163,6962015Assets 2016: $284,951Liabilities 2016: $23,625Net Assets 2016: $261,3262016Assets 2017: $247,955Liabilities 2017: $38,226Net Assets 2017: $209,7292017Assets 2018: $168,179Liabilities 2018: $34,337Net Assets 2018: $133,8422018Assets 2019: $227,488Liabilities 2019: $44,509Net Assets 2019: $182,9792019Assets 2020: $157,369Liabilities 2020: $104,733Net Assets 2020: $52,6362020Assets 2021: $152,907Liabilities 2021: $522Net Assets 2021: $152,3852021Assets 2022: $119,775Liabilities 2022: $9,110Net Assets 2022: $110,6652022Assets 2023: $82,871Liabilities 2023: $15,290Net Assets 2023: $67,5812023Assets 2024: $84,068Liabilities 2024: $18,894Net Assets 2024: $65,1742024

Highlighted filing

2018

Assets$168,179
Liabilities$34,337
Net Assets$133,842

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $529,5472011Expenses 2012: $556,7992012Revenue 2013: $595,109Expenses 2013: $572,011Net Income 2013: $23,0982013Revenue 2014: $922,271Expenses 2014: $1,045,803Net Income 2014: -$123,5322014Revenue 2015: $984,146Expenses 2015: $989,982Net Income 2015: -$5,8362015Revenue 2016: $1,110,583Expenses 2016: $1,012,953Net Income 2016: $97,6302016Revenue 2017: $1,084,101Expenses 2017: $1,134,401Net Income 2017: -$50,3002017Revenue 2018: $900,587Expenses 2018: $973,887Net Income 2018: -$73,3002018Revenue 2019: $741,021Expenses 2019: $691,513Net Income 2019: $49,5082019Revenue 2020: $493,126Expenses 2020: $628,519Net Income 2020: -$135,3932020Revenue 2021: $702,219Expenses 2021: $598,352Net Income 2021: $103,8672021Revenue 2022: $649,069Expenses 2022: $690,789Net Income 2022: -$41,7202022Revenue 2023: $844,324Expenses 2023: $887,408Net Income 2023: -$43,0842023Revenue 2024: $900,390Expenses 2024: $902,797Net Income 2024: -$2,4072024

Highlighted filing

2018

Revenue$900,587
Expenses$973,887
Net Income-$73,300
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$900,587
Mission and Program Overview

Mission

PROVIDE BAPTIST NEWS

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$243,025$166,725▼ $76,300
Land, Buildings, and Equipment, Net$3,475$854▼ $2,621
Accounts Receivable$1,455$600▼ $855
Total Assets$247,955$168,179▼ $79,776
Liabilities
Other Liabilities$24,800$31,000▲ $6,200
Accounts Payable and Accrued Expenses$13,426$3,337▼ $10,089
Total Liabilities$38,226$34,337▼ $3,889
Net Assets / Fund Balance
Unrestricted Net Assets$209,729$133,842▼ $75,887
Total Net Assets Fund Balance$209,729$133,842▼ $75,887
Total Liabilities and Net Assets / Fund Balance$247,955$168,179▼ $79,776

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$854$72,529$73,383
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$648,587
Program Service Revenue
$49,267
Investment Income
$202,733
Other Revenue
$0
All Other Contributions
$648,587
Change in Net Assets
$-73,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$900,587
Total Revenue per Audited Statements
$900,587
Total Revenue per Form 990
$900,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$522,985
Other Expenses$450,902
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$370,240-$370,240
All Other Expenses-$94,485-$94,485
Other Employee Benefits-$77,384-$77,384
Pension Plan Contributions-$48,236-$48,236
Other Expenses-$39,284-$39,284
Fees for Services Accounting-$30,861-$30,861
Travel-$30,399-$30,399
Payroll Taxes-$27,125-$27,125
Conferences and Meetings-$24,426-$24,426
Fees for Services Other-$14,000-$14,000
Insurance-$12,003-$12,003
Advertising-$8,723-$8,723
Office Expenses-$7,856-$7,856
Fees for Services Legal-$2,888-$2,888
Depreciation Depletion$34--$34
Total Functional Expenses$34$973,853$0$973,887

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$976,474
Expenses per Audited Statements$973,887
Total Expenses per Form 990$973,887
Expenses Not Reported on Form 990$2,587
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
Bus Mgr Medicare Supplement$21,000
Admin Fund for Auto$10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Associated Baptist Press Inc
EIN
58-1930302
Phone
3367171135
Address
PO BOX 21148, WINSTONSALEM, NC 27120

Signing Officer

Name
Harriet Harral
Title
Director
Phone
3367171135
Signed
2019-11-14

Organization Details

Principal Officer
David Wilkinson
Voting Board Members
8
Independent Board Members
8
Employees
7

Preparer

Firm
Cornelius Schou & Leone LLC
Address
4496 SOUTHSIDE BOULEVARD, JACKSONVILLE, FL 32216
Preparer
Mark J Schou CPA
Phone
9046421794
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Abp operates a news service providing timely releases of news and feature stories relating to baptist interests at the local, state and national levels.

Form 990, Part XI, Line 9

Book / tax depreciation difference -2,587 book vs tax deprec 0 total -2,587

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Book / tax depreciation difference 2,587

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IRS990/PensionPlanContributionsGrp/TotalAmt048236
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAVID WILKINSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0EVENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt036620
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112647
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt036620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112647
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ABP OPERATES A NEWS SERVICE PROVIDING TIMELY RELEASES OF NEWS AND FEATURE STORIES RELATING TO BAPTIST INTERESTS AT THE LOCAL, STATE AND NATIONAL LEVELS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt034
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0782192
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0272300
IRS990/PYOtherExpensesAmt0503568
IRS990/PYProgramServiceRevenueAmt029609
IRS990/PYRevenuesLessExpensesAmt0-50300
IRS990/PYSalariesCompEmpBnftPaidAmt0630833
IRS990/PYTotalExpensesAmt01134401
IRS990/PYTotalRevenueAmt01084101
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-73300
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt049267
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0648587
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0782192
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0899455
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0760445
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0702538
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03793217
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0202733
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0272300
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0166929
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0129764
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0771726
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt049267
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt029609
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt032388
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt056772
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt089970
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0258006
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0202733
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0272300
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0166929
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0129764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0771726
IRS990ScheduleA/InvestmentIncomeCYPct00.16000
IRS990ScheduleA/InvestmentIncomePYPct00.14000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84000
IRS990ScheduleA/PublicSupportPY509Pct00.86440
IRS990ScheduleA/PublicSupportTotal509Amt04051223
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0697854
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0811801
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0931843
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0817217
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0792508
IRS990ScheduleA/Total509Grp/TotalAmt04051223
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0900587
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01084101
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0931843
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0984146
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0922272
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04822949
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt02587
IRS990ScheduleD/ExpensesSubtotalAmt0973887
IRS990ScheduleD/OtherExpensesIncludedAmt02587
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0854
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt072529
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt073383
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BUS MGR MEDICARE SUPPLEMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ADMIN FUND FOR AUTO
IRS990ScheduleD/RevenueSubtotalAmt0900587
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 2,587
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0854
IRS990ScheduleD/TotalExpensesPerForm990Amt0973887
IRS990ScheduleD/TotalLiabilityAmt031000
IRS990ScheduleD/TotalRevenuePerForm990Amt0900587
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0900587
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0976474
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ABP OPERATES A NEWS SERVICE PROVIDING TIMELY RELEASES OF NEWS AND FEATURE STORIES RELATING TO BAPTIST INTERESTS AT THE LOCAL, STATE AND NATIONAL LEVELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE -2,587 BOOK VS TAX DEPREC 0 TOTAL -2,587
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0247955
IRS990/TotalAssetsEOYAmt0168179
IRS990/TotalAssetsGrp/BOYAmt0247955
IRS990/TotalAssetsGrp/EOYAmt0168179
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0648587
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0973853
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt034
IRS990/TotalFunctionalExpensesGrp/TotalAmt0973887
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038226
IRS990/TotalLiabilitiesEOYAmt034337
IRS990/TotalLiabilitiesGrp/BOYAmt038226
IRS990/TotalLiabilitiesGrp/EOYAmt034337
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0209729

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.02$0.07$0.90$0.90$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.02$0.07$0.84$0.89$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.01$0.11$0.65$0.69$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.00$0.15$0.70$0.60$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.10$0.05$0.49$0.63$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.04$0.18$0.74$0.69$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.03$0.13$0.90$0.97$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.04$0.21$1.08$1.13$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.02$0.26$1.11$1.01$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.02$0.16$0.98$0.99$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.03$0.17$0.92$1.05$0.12
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.00$0.24$0.60$0.57$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.02$0.22$0.53