Civic Intelligence

Associated Baptist Press Foundation Foundation Inc

990 • Fiscal year 2022 • EIN 59-3691741

Jan 01, 2022 to Dec 31, 2022 • Filed on Jan 17, 2024

Organization ProfileBAPTISTNEWS.COM
PO Box 23845Jacksonville, FL 32241

(604) 262-6626

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

18th percentile

-11%

Higher net margin than 18% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

9th percentile

-17%

Faster asset growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

14th percentile

-28%

Faster revenue growth than 14% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets8th percentile

Assets

Down

$5,054,888

Down $1,023,594 (-17%) from 2021

Net Assets

Down

$5,054,888

Down $1,023,594 (-17%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin18th percentile

Revenue

Down

$245,831

Down $96,573 (-28%) from 2021

Expenses

Down

$272,023

Down $2,671 (-1.0%) from 2021

Net Income

Down

-$26,192

Down $93,902 (-139%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $318,666Liabilities 2011: $0Net Assets 2011: $318,6662011Assets 2012: $1,198,624Liabilities 2012: $0Net Assets 2012: $1,198,6242012Assets 2013: $2,212,844Liabilities 2013: $0Net Assets 2013: $2,212,8442013Assets 2014: $3,779,628Liabilities 2014: $0Net Assets 2014: $3,779,6282014Assets 2015: $5,703,791Liabilities 2015: $0Net Assets 2015: $5,703,7912015Assets 2016: $5,989,692Liabilities 2016: $0Net Assets 2016: $5,989,6922016Assets 2017: $6,403,086Liabilities 2017: $0Net Assets 2017: $6,403,0862017Assets 2018: $6,009,584Liabilities 2018: $0Net Assets 2018: $6,009,5842018Assets 2019: $6,778,694Liabilities 2019: $0Net Assets 2019: $6,778,6942019Assets 2020: $5,488,757Liabilities 2020: $0Net Assets 2020: $5,488,7572020Assets 2021: $6,078,482Liabilities 2021: $0Net Assets 2021: $6,078,4822021Assets 2022: $5,054,888Liabilities 2022: $0Net Assets 2022: $5,054,8882022Assets 2023: $5,302,159Liabilities 2023: $240Net Assets 2023: $5,301,9192023Assets 2024: $5,490,614Liabilities 2024: $938Net Assets 2024: $5,489,6762024

Highlighted filing

2022

Assets$5,054,888
Liabilities$0
Net Assets$5,054,888
Open 2022 Filing

Operations Trend

Revenue Growth14th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $20,426Expenses 2011: $9,614Net Income 2011: $10,8122011Expenses 2012: $17,3752012Revenue 2013: $1,058,536Expenses 2013: $44,314Net Income 2013: $1,014,2222013Revenue 2014: $848,473Expenses 2014: $114,762Net Income 2014: $733,7112014Revenue 2015: $327,746Expenses 2015: $186,394Net Income 2015: $141,3522015Revenue 2016: $525,286Expenses 2016: $239,385Net Income 2016: $285,9012016Revenue 2017: $42,997Expenses 2017: $322,832Net Income 2017: -$279,8352017Revenue 2018: $29,541Expenses 2018: $210,986Net Income 2018: -$181,4452018Revenue 2019: $24,791Expenses 2019: $0Net Income 2019: $24,7912019Revenue 2020: $247,449Expenses 2020: $261,628Net Income 2020: -$14,1792020Revenue 2021: $342,404Expenses 2021: $274,694Net Income 2021: $67,7102021Revenue 2022: $245,831Expenses 2022: $272,023Net Income 2022: -$26,1922022Revenue 2023: $228,719Expenses 2023: $342,475Net Income 2023: -$113,7562023Revenue 2024: $280,260Expenses 2024: $305,669Net Income 2024: -$25,4092024

Highlighted filing

2022

Revenue$245,831
Expenses$272,023
Net Income-$26,192
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jan 17, 2024
Return Version
2022v5.0
Gross Receipts
$245,831
Mission and Program Overview

Mission

To provide financial support for associated baptist press, inc., dba baptist news global.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$6,078,482$5,054,388▼ $1,024,094
Accounts Receivable-$500-
Total Assets$6,078,482$5,054,888▼ $1,023,594
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,078,482$5,054,888▼ $1,023,594
Total Net Assets Fund Balance$6,078,482$5,054,888▼ $1,023,594
Total Liabilities and Net Assets / Fund Balance$6,078,482$5,054,888▼ $1,023,594
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Mark SandersChairman
Bill WilsonDirector
Dan LattimoreDirector
Harriet HarralDirector
Janice AndersonDirector
John FreemanDirector
Joshua GooceyDirector
Tom CantwellDirector
Walter AshbyDirector
Chris CaldwellDirector of
Revenue and Support

Revenue Composition

Contributions and Grants
$500
Program Service Revenue
$0
Investment Income
$245,331
Other Revenue
$0
All Other Contributions
$500
Change in Net Assets
$-26,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$272,023
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$1,552--$1,552
Other Expenses$746--$746
Total Functional Expenses$272,023$0$0$272,023
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
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

“A review was conducted by board chairman and director.”

Form 990, Page 6, Part VI, Line 12C

“The organization requires board members to sign a conflicts of interest representation on an annual basis. Failure to do this results in that individual being removed from the board.”

Form 990, Page 6, Part VI, Line 19

“All governing documents, conflict of interest policy, and statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Associated Baptist Press
EIN
59-3691741
Phone
6042626626
Address
PO BOX 23845, JACKSONVILLE, FL 32241

Signing Officer

Name
Mark Sanders
Title
Chairman
Phone
6042626626
Signed
2024-01-17

Organization Details

Principal Officer
Mark Sanders
Formed
2000
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Cornelius & Leone
Address
3601 CARDINAL POINT DR, JACKSONVILLE, FL 32257-9242
Preparer
John R Leone CPA
Phone
9046421040
Supplemental Narrative

Additional Explanations

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

“Provide financial support for associated baptist press, inc. In the areas of endowment and operations.”

Form 990, Part XI, Line 9

“Transfer from abp 0 decrease in fund balance 0”

Raw XML Appendix335 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE FINANCIAL SUPPORT FOR ASSOCIATED BAPTIST PRESS, INC. IN THE AREAS OF ENDOWMENT AND OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A REVIEW WAS CONDUCTED BY BOARD CHAIRMAN AND DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES BOARD MEMBERS TO SIGN A CONFLICTS OF INTEREST REPRESENTATION ON AN ANNUAL BASIS. FAILURE TO DO THIS RESULTS IN THAT INDIVIDUAL BEING REMOVED FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFER FROM ABP 0 DECREASE IN FUND BALANCE 0
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IRS990/TotalAssetsGrp/EOYAmt05054888
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0272023
IRS990/TotalFunctionalExpensesGrp/TotalAmt0272023
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06078482
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05054888
IRS990/TotalProgramServiceExpensesAmt0272023
IRS990/TotalRevenueGrp/ExclusionAmt0180
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0245151
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0245831
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06078482
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05054888
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01660 UNION CHURCH ROAD
IRS990/USAddress/CityNm0WATKINSVILLE
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030677
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0BAPTISTNEWS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK SANDERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06042626626
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSOCIATED BAPTIST PRESS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ASSO
ReturnHeader/Filer/EIN0593691741
ReturnHeader/Filer/PhoneNum06042626626
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 23845
ReturnHeader/Filer/USAddress/CityNm0JACKSONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032241
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202187832
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORNELIUS & LEONE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03601 CARDINAL POINT DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSONVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0322579242
ReturnHeader/PreparerPersonGrp/PhoneNum09046421040
ReturnHeader/PreparerPersonGrp/PreparationDt02024-01-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN R LEONE CPA
ReturnHeader/ReturnTs02024-01-17T13:39:08-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SANDERS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,054,888
Liabilities
$0
Net assets
$5,054,888
Revenue
$245,831
Expenses
$272,023
Net income
-$26,192
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.49$0.00$5.49$0.28$0.31$0.03
2023Detailed filing. Detailed filing data is available for this year.$5.30$0.00$5.30$0.23$0.34$0.11
2022Detailed filing. Detailed filing data is available for this year.$5.05$0.00$5.05$0.25$0.27$0.03
2021Detailed filing. Detailed filing data is available for this year.$6.08$0.00$6.08$0.34$0.27$0.07
2020Detailed filing. Detailed filing data is available for this year.$5.49$0.00$5.49$0.25$0.26$0.01
2019Detailed filing. Detailed filing data is available for this year.$6.78$0.00$6.78$0.02$0.00$0.02
2018Detailed filing. Detailed filing data is available for this year.$6.01$0.00$6.01$0.03$0.21$0.18
2017Detailed filing. Detailed filing data is available for this year.$6.40$0.00$6.40$0.04$0.32$0.28
2016Detailed filing. Detailed filing data is available for this year.$5.99$0.00$5.99$0.53$0.24$0.29
2015Detailed filing. Detailed filing data is available for this year.$5.70$0.00$5.70$0.33$0.19$0.14
2014Detailed filing. Detailed filing data is available for this year.$3.78$0.00$3.78$0.85$0.11$0.73
2013Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$1.06$0.04$1.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.00$1.20$0.02
2011Summary only. Only limited summary data is available for this year.$0.32$0.00$0.32$0.02$0.01$0.01