Civic Intelligence

Christian Chronicle Corporation

990 • Fiscal year 2019 • EIN 73-1018264

Jun 01, 2018 to May 31, 2019 • Filed on Apr 15, 2020

Organization ProfileWWW.CHRISTIANCHRONICLE.ORG
PO Box 11000Oklahoma City, OK 73136-1100

(405) 425-5000

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.02x

Higher debt load relative to assets than 33% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

32nd percentile

0.03x

Higher debt load relative to revenue than 32% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

52nd percentile

4.0%

Higher net margin than 52% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

79th percentile

$130,334

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

46th percentile

1.6%

Faster asset growth than 46% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

24th percentile

-8.3%

Faster revenue growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$1,854,517

Up $29,982 (+1.6%) from 2018

Net Assets

Up

$1,818,814

Up $65,624 (+3.7%) from 2018

Liabilities

Down

$35,703

Down $35,642 (-50%) from 2018

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin52nd percentile

Revenue

Down

$1,249,159

Down $113,150 (-8.3%) from 2018

Expenses

Down

$1,199,365

Down $44,353 (-3.6%) from 2018

Net Income

Down

$49,794

Down $68,797 (-58%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,673,013Liabilities 2011: $45,941Net Assets 2011: $1,627,0722011Assets 2012: $1,774,063Liabilities 2012: $26,789Net Assets 2012: $1,747,2742012Assets 2013: $2,138,466Liabilities 2013: $50,862Net Assets 2013: $2,087,6042013Assets 2014: $2,367,975Liabilities 2014: $59,242Net Assets 2014: $2,308,7332014Assets 2015: $2,456,577Liabilities 2015: $26,751Net Assets 2015: $2,429,8262015Assets 2016: $1,596,794Liabilities 2016: $48,637Net Assets 2016: $1,548,1572016Assets 2017: $1,655,719Liabilities 2017: $62,807Net Assets 2017: $1,592,9122017Assets 2018: $1,824,535Liabilities 2018: $71,345Net Assets 2018: $1,753,1902018Assets 2019: $1,854,517Liabilities 2019: $35,703Net Assets 2019: $1,818,8142019Assets 2020: $2,045,077Liabilities 2020: $39,025Net Assets 2020: $2,006,0522020Assets 2021: $2,738,834Liabilities 2021: $42,795Net Assets 2021: $2,696,0392021Assets 2022: $2,658,499Liabilities 2022: $42,626Net Assets 2022: $2,615,8732022Assets 2023: $2,881,379Liabilities 2023: $0Net Assets 2023: $2,881,3792023Assets 2024: $3,346,155Liabilities 2024: $56,197Net Assets 2024: $3,289,9582024

Highlighted filing

2019

Assets$1,854,517
Liabilities$35,703
Net Assets$1,818,814
Open 2019 Filing

Operations Trend

Revenue Growth24th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,319,536Expenses 2011: $1,141,493Net Income 2011: $178,0432011Revenue 2012: $1,249,877Expenses 2012: $1,129,675Net Income 2012: $120,2022012Revenue 2013: $1,505,170Expenses 2013: $1,164,840Net Income 2013: $340,3302013Revenue 2014: $1,409,779Expenses 2014: $1,188,650Net Income 2014: $221,1292014Revenue 2015: $1,325,783Expenses 2015: $1,204,690Net Income 2015: $121,0932015Revenue 2016: $1,300,687Expenses 2016: $1,133,255Net Income 2016: $167,4322016Revenue 2017: $1,188,102Expenses 2017: $1,246,681Net Income 2017: -$58,5792017Revenue 2018: $1,362,309Expenses 2018: $1,243,718Net Income 2018: $118,5912018Revenue 2019: $1,249,159Expenses 2019: $1,199,365Net Income 2019: $49,7942019Revenue 2020: $1,297,343Expenses 2020: $1,220,718Net Income 2020: $76,6252020Revenue 2021: $1,588,632Expenses 2021: $1,271,680Net Income 2021: $316,9522021Revenue 2022: $1,601,870Expenses 2022: $1,343,007Net Income 2022: $258,8632022Revenue 2023: $1,678,739Expenses 2023: $1,423,940Net Income 2023: $254,7992023Revenue 2024: $1,622,958Expenses 2024: $1,594,041Net Income 2024: $28,9172024

Highlighted filing

2019

Revenue$1,249,159
Expenses$1,199,365
Net Income$49,794
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Apr 15, 2020
Return Version
2018v3.1
Gross Receipts
$1,959,580
Mission and Program Overview

Mission

The mission of the christian chronicle is to inform inspire and unite the churches of christ. The christian chronicle exists so that christians worldwide are increasingly informed abou the activities of churches of christ in a manner tht inspires connects and promotes constructive dialogue at a cost that demonstrates effective stewardship of all resources provided by god.

The christian chronicle is an oklahoma nonprofit since 1981 that publishes a monthly newspaper for the church of christ and maintains a news website.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,444,752$1,554,554▲ $109,802
Cash and Non-Interest-Bearing Accounts$366,480$291,548▼ $74,932
Savings and Temporary Cash Investments$13,303$8,415▼ $4,888
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,824,535$1,854,517▲ $29,982
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$71,345$35,703▼ $35,642
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$71,345$35,703▼ $35,642
Net Assets / Fund Balance
Temporarily Rstr Net Assets$816,742$831,878▲ $15,136
Unrestricted Net Assets$559,009$599,719▲ $40,710
Permanently Rstr Net Assets$377,439$387,217▲ $9,778
Total Net Assets Fund Balance$1,753,190$1,818,814▲ $65,624
Total Liabilities and Net Assets / Fund Balance$1,824,535$1,854,517▲ $29,982

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,194,181$19,556▲ $5,358-$1,219,095
2017$1,124,001-▲ $70,179-$1,194,180
2016$1,043,154-▲ $80,847-$1,124,001
2015$2,424,514$-167,180-$709,177$1,548,157
2014$2,304,455-▲ $120,059-$2,424,514
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynn McmillonChronicle CEO/president & ProfPT$44,434$85,900$130,334

Board Members and Trustees

NameTitle
Mark BrewerChairman
Alfred BranchExecutive Committee
David DuncanExecutive Committee
Lon WintonExecutive Committee
Lynn MitchellExecutive Committee
Marc ComptonExecutive Committee
Michelle EgglestonExecutive Committee
Michelle StephensExecutive Committee
Michelle TuckerExecutive Committee
Ray VaughnExecutive Committee
David SeatSecretary
Don MillicanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Zachry AssociatesFundraising709 W 2ND BOX 1739, Abilene, TX 79604$128,309
Revenue and Support

Revenue Composition

Contributions and Grants
$806,880
Program Service Revenue
$430,072
Investment Income
$12,207
Other Revenue
$0
All Other Contributions
$806,880
Change in Net Assets
$49,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$634,532
Salaries, Compensation, and Employee Benefits$436,524
Total Fundraising Expense$143,445
Professional Fundraising Fees$128,309
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$290,455$27,714-$290,455
Other Salaries and Wages$183,909$61,303-$245,212
Fees for Services Professional Fundraising--$128,309$128,309
Current Officers, Directors, Trustees, and Key Employees$65,135$37,710$11,427$114,272
Payroll Taxes$42,175$14,058-$56,233
Fees for Service Investment Mgmnt Fees-$25,237-$25,237
Other Employee Benefits$15,605$5,202-$20,807
Travel$7,679$689$1,477$9,845
Information Technology$9,674--$9,674
Conferences and Meetings$7,322--$7,322
Office Expenses$1,810$4,277$660$6,747
Fees for Services Other$4,138--$4,138
Fees for Services Legal-$2,121-$2,121
Advertising-$277$1,572$1,849
Total Functional Expenses$877,332$178,588$143,445$1,199,365
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$128,309
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 1A

“Legal authority for the christian chronicle is vested in the oklahoma christian university executive committee, the editorial and operational policy and governance oversight for the christian chronicle is delegated to the christian chronicle board of trustees.”

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

“Form 990 is provided for board review prior to filing in paper or electronic format”

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

“Each trustee and employee annually review the disclosure of conflict of interest policy, and if applicable disclose any relationship that could give rise to conflict or be perceived conflict of interest and acknowledge by signature that he/she is in accordance with the policy.”

Form 990, Part VI, Section B, Line 15A

“2019 upon recommendation and consultation with the compensation committee and agreed upon by the president of the university.”

Form 990, Part VI, Section C, Line 19

“Financial statement information is disclosed on form 990 thru the guidestar website or by request made to the christian chronicle. Governing documents and conflict of interest policy will be made available by federal public disclosure law. Information regarding the entity is available thru form 1023. Otherwise governing documents and policies are available at management discretion.”

Filing and Contact Details

Filer

Filer Name
The Christian Chronicle Inc
EIN
73-1018264
In Care Of
% CHARLIE JONES OC CONTROLLER
Phone
4054255000
Address
PO BOX 11000, OKLAHOMA CITY, OK 73136-1100

Signing Officer

Name
Alfred Branch
Title
Director
Phone
4054255000
Signed
2020-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Lynn Mcmillon
Formed
1943
Legal Domicile
Ok
Voting Board Members
13
Independent Board Members
12
Employees
9
Volunteers
12

Preparer

Firm
Bkd Llp
Address
110 N Elgin Avenue Ste 400, Tulsa, OK 74120-1490
Preparer
Shawn M Loader
Phone
9185842900
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

“Endowment funds are used to support the mission and operations of the christian chronicle inc.”

Raw XML AppendixShowing 400 of 619 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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IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE COMMITTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHRONICLE CEO/PRESIDENT & PROF
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IRS990/PayrollTaxesGrp/ProgramServicesAmt042175
IRS990/PayrollTaxesGrp/TotalAmt056233
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/ProgramServiceRevenueGrp/Desc1ADVERTISING INCOME
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1425822
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,854,517
Liabilities
$35,703
Net assets
$1,818,814
Revenue
$1,249,159
Expenses
$1,199,365
Net income
$49,794
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$0.06$3.29$1.62$1.59$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$0.00$2.88$1.68$1.42$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$0.04$2.62$1.60$1.34$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.04$2.70$1.59$1.27$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.04$2.01$1.30$1.22$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.85$0.04$1.82$1.25$1.20$0.05
2018Summary only. Only limited summary data is available for this year.$1.82$0.07$1.75$1.36$1.24$0.12
2017Summary only. Only limited summary data is available for this year.$1.66$0.06$1.59$1.19$1.25$0.06
2016Summary only. Only limited summary data is available for this year.$1.60$0.05$1.55$1.30$1.13$0.17
2015Summary only. Only limited summary data is available for this year.$2.46$0.03$2.43$1.33$1.20$0.12
2014Summary only. Only limited summary data is available for this year.$2.37$0.06$2.31$1.41$1.19$0.22
2013Summary only. Only limited summary data is available for this year.$2.14$0.05$2.09$1.51$1.16$0.34
2012Summary only. Only limited summary data is available for this year.$1.77$0.03$1.75$1.25$1.13$0.12
2011Summary only. Only limited summary data is available for this year.$1.67$0.05$1.63$1.32$1.14$0.18