2021-10-04T14:36:48-05:00 2021-05-31 363990892 Capin Crouse LLP 55 Shuman Blvd Suite 300 Naperville IL 60563 990 2020-06-01 361143987 Good News Publishers GOOD 6306824300 1300 Crescent St Wheaton IL 60187 Paul Thomas Sr VP of Finance 6306824300 2021-10-04 1 Paul Thomas 999009999 Ted R Batson Jr P00721951 5055022746 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Crossway Lane T Dennis 1300 Crescent St Wheaton IL 60187 48173892 0 X www.crossway.org X 1941 IL To proclaim the gospel and the truth of God's Word through publishing and all other means. 11 5 119 8 0 0 218449 1839556 22707 20920 -30128 4226 21014976 26830163 21226004 28694865 130223 223795 0 0 11206875 12824429 0 0 185861 8263665 8431728 19600763 21479952 1625241 7214913 33365864 41771923 9054804 10245950 24311060 31525973 Crossway is a not-for-profit ministry that exists solely for the purpose of proclaiming the gospel and the truth of God's Word through publishing and all other means. 0 0 8767989 52295 13257820 Book Distribution: Publishing books for the purpose of spreading the gospel of Jesus Christ. This ministry is performed by the sales and free distribution of books. Altogether, almost 3.4 million books were distributed both domestically and internationally by way of sales and free distribution. The free distribution of books was given to a variety of ministries in the United States and overseas. In addition, the company was able to fund book translation assistance in the amount of $52,295. 7251045 131500 11249314 Bible Distribution: Publishing Bibles for the purpose of spreading the gospel of Jesus Christ. This ministry is performed by the sales and free distribution of the ESV Bible. Altogether, over 3 million Bibles were distributed both domestically and internationally by way of sales and free distribution. The free distribution of Bibles was given to a variety of ministries in the United States and overseas. In addition, the company was able to fund Bible translation, development, distribution, and printing projects overseas in the amount of $131,500. 393332 40000 563620 Tracts Distribution and other program services: Publishing Christian literature for the purpose of spreading the gospel of Jesus Christ. This ministry is performed by the sales and free distribution mainly of gospel tracts, but also includes other evangelistic materials such as audiobooks and videos. Altogether, over 14.3 million tracts and calendar cards, as well as over 25,000 other evangelistic materials, were distributed both domestically and internationally by way of sales and free distribution. The free distribution of tracts and other evangelistic materials was given to a variety of churches, individuals, and ministries primarily within the United States. In addition, the company was able to fund support for international ministry projects and translation of training courses in the amount of $40,000. 16412366 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 1 0 0 1 556 0 1 119 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 5 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CO CT FL GA HI IL KY MD ME MI MN MO MS NC NH NM NY OH PA RI SC TN UT VA WA WV WI X Paul Thomas 6306824300 1300 Crescent St Wheaton IL 60187 Lane T Dennis Chairman, CEO 30.00 1.00 X X 244395 0 68927 Josh Dennis President, Chief Comm. Officer 40.00 0.25 X X 226685 0 42387 M Ebeth Dennis Secretary, Co-CEO 20.00 0.50 X X 89503 0 27000 Paul House Board Member 5.00 0.25 X 29660 0 0 James Fellowes Treasurer 5.00 0.25 X X 0 0 0 Wayne Grudem Board Member 5.00 0.25 X 0 0 0 R Kent Hughes Board Member 5.00 0.25 X 0 0 0 Jon Dennis Board Member 5.00 0.25 X 0 0 0 Matt Roberts Board Member 5.00 0.25 X 0 0 0 Eric Channing Board Member 5.00 0.25 X 0 0 0 Peter Hubbard Board Member 5.00 0.25 X 0 0 0 Niel Nielson Board Member (part year) 5.00 0.25 X 0 0 0 Anthony Gosling Chief Operating Officer 40.00 X 191789 0 45914 Paul Thomas Sr. VP Finance & Asst. Treasurer 40.00 1.00 X 187737 0 44590 Justin Taylor Exec. VP Book Publishing 40.00 X 187131 0 44897 Dan Kok Sr. VP Operations & Asst. Secretary 40.00 1.00 X 185610 0 42217 Donald Jones Chief Publishing Officer 40.00 X 182673 0 40602 Daniel Bush Exec. VP Sales 40.00 X 172139 0 43846 Andrew Tebbe Exec. VP of Communications 40.00 X 171351 0 43121 Dane Ortlund Chief Publishing Officer (part year) 40.00 X 158433 0 32539 Randall D Jahns Sr. VP Ministry and Licensing 40.00 X 180995 0 45667 Raymond Elliott Director of Digital Production 40.00 X 133783 0 41691 Robert Ratleph VP of Digital 40.00 X 132897 0 42201 Mark Hendrie Director of Information Technology 40.00 X 128544 0 41862 Brian Martin Director of Manufacturing 40.00 X 114621 0 37281 Daniel Farrell VP of Design 40.00 X 117172 0 31722 2835118 0 716464 27 0 1 0 RR Donnelley Asia Print Solutions 108 Wai Yip Kwun Tong Hong Kong CH Printing 6430619 LSC Communications Inc PO Box 776411 Chicago IL 60677 Printing 1174131 Lake Book Manufacturing Inc 2085 N Cornell Avenue Melrose Park IL 60160 Printing 848453 UPS PO Box 809488 Chicago IL 60680 Shipping 749637 Sheridan Books Inc PO Box 419823 Boston MA 02241 Printing 537990 17 100000 1739556 1839556 Program Service Rev. 900099 20920 20920 20920 15741 15741 1780329 1780329 11515 -11515 -11515 -11515 44418514 19467512 24951002 24951002 98832 98832 98832 28694865 25070754 0 1784555 66600 66600 157195 157195 3330879 1228897 2067929 34053 396441 314219 82222 6955146 6077698 766494 110954 453945 453945 964214 780724 169763 13727 723804 545391 170152 8261 146237 146237 61938 61938 1058346 914804 140219 3323 2879080 2822474 56606 495974 277083 216268 2623 187746 187746 444052 444052 744726 716442 26464 1820 135262 108529 23501 3232 332732 332732 545943 508099 33311 4533 160946 148771 10717 1458 Shipping & Mailing 814760 778215 36400 145 Dues & subscriptions 180031 180031 Ministry projects 146187 146187 Research & development 6650 6147 443 60 91118 38107 51339 1672 21479952 16412366 4881725 185861 136377 113052 6556598 12021695 125000 6345339 10056598 10648890 9801665 1867743 2152016 13136563 6392701 7051891 6743862 759026 758035 33365864 41771923 4185064 7434232 2175527 1258919 1532947 1161266 1552799 9054804 10245950 X 23751248 29586533 559812 1939440 24311060 31525973 33365864 41771923 7214913 0 X 0 1 X 1 0 X 165760 110576 109712 218449 1839556 2444053 31716853 36202114 37843410 36269941 44439434 186471752 31882613 36312690 37953122 36488390 46278990 188915805 7000 4202 500 8000 19702 18811244 22541087 23341068 22021635 27598053 114313087 18818244 22545289 23341568 22021635 27606053 114332789 74583016 1219714 1397209 1626815 1600007 1796070 7639815 1219714 1397209 1626815 1600007 1796070 7639815 68023 98832 166855 33102327 37709899 39579937 38156420 48173892 196722475 0.37910 0.37790 0.03880 0.03850 X Schedule A, Part III, Line 12, Explanation of Other Income: Misc income - 2019 Amount: $ 68,023. 2020 Amount: $ 98,832. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 450000 2644 2644 450000 450000 10069 10069 450000 450000 6255 6255 450000 450000 1311 1311 450000 450000 1124 1124 450000 1.00000 0 0 1344321 1344321 8266243 3429039 4837204 2845958 2284226 561732 680041 679436 605 6743862 Accrued royalties 1552799 1552799 Part V, Line 4: The Endowment consists of one fund. The fund is used to aid the distribution of Sir Robert Anderson's books for encouragement and edification of Christians. The beginning and ending balances have been updated to reflect the donor restricted balance of $450,000 as the donor has not yet released their restriction. The activity is reflective of the income earned and spent during the year. Part V, lines 2a-2c In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 5/31/2021. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions 1 East Asia and Pacific 0 0 Grants to recipients 75000 East Asia and the Pacific 0 0 Program Services Distribution of books and Bibles 10865 Europe (Including Iceland & Greenland) 0 0 Grants to recipients 33845 Europe (Including Iceland & Greenland) 0 0 Program Services Distribution of books and author visits 5170 North America 0 0 Grants to recipients 6500 South America 0 0 Grants to recipients 2500 South Asia 0 0 Grants to recipients 25000 South Asia 0 0 Program Services Distribution of Bibles 1932 Sub-Saharan Africa 0 0 Grants to recipients 14350 Sub-Saharan Africa 0 0 Program Services Distribution of books and Bibles 14303 0 0 0 0 0 0 160812 28653 189465 East Asia and the Pacific Bible translation and distribution 75000 Wire transfer Europe (Including Iceland & Greenland) Support for OT Project 31500 Wire transfer South Asia Study Bible translation, production and distribution 25000 Wire transfer Sub-Saharan Africa Book translation 7500 Wire transfer North America Book translation 6500 Wire transfer 3 2 0 0 0 0 0 0 Part I, Line 2: Good News Publishers receives a copy of the finished Bible product and royalty reports indicating how many copies of the finished product have been distributed. Due to restrictions on travel from COVID-19, monitoring was conducted via video and or email correspondence to ensure that the granted funds were spent on distribution projects. Part I, line 3: All expenses are recorded/tracked under the accrual basis of accounting in accordance with Generally Accepted Accounting Principles. Part III Accounting Method: 1 The Charles Simeon Trust PO Box 15212 Chicago IL 60615 377342471 501(c)(3) 25000 Translation of expositional preaching training courses into Arabic 9Marks 525 A Street NE Washington DC 20002 432103120 501(c)(3) 25000 Book translation Neopolis 53 W Jackson 450 Chicago IL 60604 815286905 501(c)(3) 15000 Support of church planting residences, pastoral training and conferences, and development of digital resources. 3 0 Part I, Line 2: All grants have reporting which is monitored through video and or electronic communication as well as on-site field visits and in person visits, which was limited due to restrictions on travel from COVID-19. X X X X 0 0 0 0 0 0 0 0 0 Lane T Dennis Chairman, CEO 233659 0 500 0 10236 0 41000 0 28534 0 313929 0 0 0 Josh Dennis President, Chief Comm. Officer 226005 0 500 0 180 0 11586 0 31679 0 269950 0 0 0 Anthony Gosling Chief Operating Officer 189209 0 500 0 2080 0 11087 0 35705 0 238581 0 0 0 Paul Thomas Sr. VP Finance & Asst. Treasurer 180852 0 500 0 6385 0 10840 0 34607 0 233184 0 0 0 Justin Taylor Exec. VP Book Publishing 185458 0 500 0 1173 0 11071 0 34694 0 232896 0 0 0 Dan Kok Sr. VP Operations & Asst. Secretary 183225 0 500 0 1885 0 10840 0 32234 0 228684 0 0 0 Randall D Jahns Sr. VP Ministry and Licensing 179775 0 500 0 720 0 10840 0 35684 0 227519 0 0 0 Donald Jones Chief Publishing Officer 182008 0 500 0 165 0 10176 0 31304 0 224153 0 0 0 Daniel Bush Exec. VP Sales 170960 0 500 0 679 0 10169 0 34512 0 216820 0 0 0 Andrew Tebbe Exec. VP of Communications 170711 0 500 0 140 0 9195 0 34761 0 215307 0 0 0 Dane Ortlund Chief Publishing Officer (part year) 157898 0 0 0 535 0 10296 0 22902 0 191631 0 0 0 Raymond Elliott Director of Digital Production 131286 0 500 0 1997 0 8359 0 34080 0 176222 0 0 0 Robert Ratleph VP of Digital 132299 0 500 0 98 0 8374 0 34582 0 175853 0 0 0 Mark Hendrie Director of Information Technology 127407 0 500 0 637 0 8185 0 34416 0 171145 0 0 0 Brian Martin Director of Manufacturing 114038 0 500 0 83 0 7104 0 30879 0 152604 0 0 0 Lane Dennis Family member of M. Ebeth Dennis, Secretary 406124 W-2 wages and benefits 0 Josh Dennis Family member of Lane T. Dennis, Chairman and M. Ebeth Dennis, Secretary 365113 W-2 wages and benefits 0 Daniel Bush Family member of Lane T. Dennis, Chairman and M. Ebeth Dennis, Secretary 279211 W-2 wages and benefits 0 Dane Ortlund Chief Publishing Officer 178623 Royalties 0 M Ebeth Dennis Family member of Lane T. Dennis, Chairman 147655 W-2 wages and benefits 0 Janna Gosling Family member of Anthony Gosling, Chief Operating Officer 78839 W-2 wages and benefits 0 Matthew Gosling Family member of Anthony Gosling, Chief Operating Officer 76462 W-2 wages and benefits 0 Lorraine Gosling Family member of Anthony Gosling, Chief Operating Officer 73055 W-2 wages and benefits 0 Elizabeth Dennis Gemmel Family member of Lane T. Dennis, Chairman and M. Ebeth Dennis, Secretary 70819 W-2 wages and benefits 0 Nicole Gosling Family member of Anthony Gosling, Chief Operating Officer 54510 W-2 wages and benefits 0 Avery Dennis Family member of Lane T. Dennis, Chairman and M. Ebeth Dennis, Secretary 16332 W-2 wages and benefits 0 Heather House Family member of Paul House, Board Member 12458 1099 Income 0 Form 990, Part VI, Section A, line 2 Lane T. Dennis, M. Ebeth Dennis, Josh Dennis, Jon Dennis, and Daniel Bush - Family Relationship Form 990, Part VI, Section A, line 4 The bylaws were updated to expand the organization's mission statement. Form 990, Part VI, Section B, line 11b Good News Publishers' Form 990 is prepared by an independent CPA firm and reviewed in detail and approved by the Senior Vice President of Finance & Assistant Treasurer and the President. The Board of Directors and Audit Committee members are provided with a copy of Form 990 prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Good News has a conflict of interest policy in place which requires each officer and board member to sign a conflict of interest form each year. The signed statements are reviewed by the Senior Vice President of Finance & Assistant Treasurer. The Chief Operating Officer reviews the Senior Vice President of Finance & Assistant Treasurer's signed statement. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 Good News utilizes industry comparable data from multiple sources to recommend salary and bonus figures for management. This information is then compiled, and recommendations for all officers, as well as a general percentage increase for all other employees, are submitted to the compensation committee. The compensation committee reviews, discusses, has the ability to change recommendations, and then approves the submission, which in turn is brought to the full board by way of recommendation of the compensation committee. The full board then takes the recommendation, has further discussion if necessary, and then approves the recommendation from the compensation committee. Compensation committee members (and any family members on the board) who are also compensated officers are excused from the part of the meeting that would cover any discussion over compensation or bonuses. The decisions regarding compensation are then documented in the minutes. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are all available upon request. American Tract Society 1300 Crescent Street Wheaton IL 60187 010633272 Tract publishing IL 501(c)(3) Line 7 Good News Publishers 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 American Tract Society B 100000 Book value American Tract Society N American Tract Society O