2018-04-30T07:54:18-05:00 2017-12-31 621046406 JOHNSON HICKEY & MURCHISON PC 2215 OLAN MILLS DRIVE CHATTANOOGA TN 37421 990 2017-01-01 620841438 PRECEPT MINISTRIES OF REACH OUT INC PREC 4238926814 P O BOX 182218 CHATTANOOGA TN 37422 DAVID ARTHUR CEO 6158926814 2018-04-23 1 DEAN KRECH P00296357 4237560052 2017 2022-09-23 18:48:47Z DAVID ARTHUR 7324 NOAH REID RD CHATTANOOGA TN 37422 13343996 0 X WWW.PRECEPT.ORG X 1970 TN RELIGIOUS AND EDUCATIONAL 7 6 99 0 0 0 7410242 7844404 527510 430246 31948 39486 3656404 3681843 11626104 11995979 2289278 2049170 0 0 6168850 5111818 476415 398865 1542695 4611506 4170787 13546049 11730640 -1919945 265339 8700028 8878000 438490 351123 8261538 8526877 TO ESTABLISH PEOPLE IN GOD'S WORD. 0 0 5006631 3503996 PRECEPT UPON PRECEPT: THE USE OF PRINTED MATERIALS, RADIO, TELEVISION, AND THE INTERNET TO PROMOTE AND CONDUCT PRECEPT BIBLE STUDIES. WE ESTIMATE THE REACH TO BE SEVERAL MILLION CONSUMERS ANNUALLY. 401909 430246 WORKSHOPS AND CONFERENCES CONSIST OF TRAINING INDIVIDUALS IN THE PRECEPT METHOD OF BIBLE STUDY AND THE CONDUCTING OF TOPICAL CONFERENCES, WE ESTIMATE OVER 300,000 ARE TRAINED ANNUALLY. 2913903 2049170 INTERNATIONAL MINISTRY PROGRAM CONSISTS OF SUPPORTING SERVICES FOR INDIGENOUS MISSIONARIES AND PRECEPT BIBLE STUDY GROUPS IN FOREIGN COUNTRIES. NEARLY 180 COUNTRIES, TRANSLATED INTO 70 LANGUAGES. 8322443 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 22 0 99 1 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL GA HI KY MD MA MN MS NH NM RI SC TN UT VA WV WI X X AARON SILVIOUS 4238926814 7324 NOAH REID ROAD CHATTANOOGA TN 37421 KAY ARTHUR BOARD MEMBER 40.00 X 122506 0 6498 KEN GUISE BOARD CHAIRMAN 2.00 X X 0 0 0 CARY HUMPHRIES BOARD VICE CHAIR 2.00 X X 0 0 0 STEVE STRAND BOARD MEMBER 2.00 X 0 0 0 MARILYN CRONE BOARD MEMBER 2.00 X 0 0 0 JOHN WILCOX BOARD MEMBER 2.00 X 0 0 0 JIM HARRIS BOARD MEMBER 2.00 X 0 0 0 PETE DELACY VP CONTENT 40.00 X 155148 0 8637 DAVEY SOLOMON CHIEF FINANCIAL OFFICER 40.00 X 83401 0 19119 DAVID ARTHUR CHIEF EXECUTIVE OFFICER 40.00 X 172555 0 25604 JOHN HOSSLER VP GLOBAL FUND DEVELOPMENT 40.00 X 123198 0 25527 ELAINE WATKINS CHIEF DEVELOPMENT OFFICER 40.00 X 126817 0 25491 KEN BOWERS EXECUTIVE DIRECTOR 40.00 X 47058 0 0 OR CINGILLI VP OPERATIONS 40.00 X 138462 0 8910 COSTEL OGLICE VP GLOBAL MISSION 40.00 X 78625 0 21034 MIA OGLICE VP GLOBAL MISSION 40.00 X 83160 0 4457 STAN LATHAM VP DEVELOPMENT 40.00 X 99896 0 17349 1230826 0 162626 6 0 1 0 MASTERWORKS 19462 POWDER HILL PLACE NE POULSBO WA 98370 FUNDRAISING EXPENSE 398965 COVENANT ADMINISTRATIVE SERVICES 2810 PREMIER PARKWAY STE 400 DULUTH GA 30097 INSURANCE ADMINISTRATION 246130 BELAIRE CATERING PO BOX 25339 CHATTANOOGA TN 37422 CATERING 229425 UPS LOCKBOX 577 CAROL STREAM IL 601320577 SHIPPING SERVICES 228441 DIVERSIFIED PRINTING 3721 POWERS COURT CHATTANOOGA TN 37416 PRINTING 212487 11 723295 7121109 279753 7844404 WORKSHOPS AND CONFERENC 611710 430246 430246 430246 39979 39979 144248 144248 33599 0 33599 33599 33599 279753 280246 -493 -493 -493 0 723295 0 0 4338315 1067771 3270544 3270544 MISCELLANEOUS 900099 233452 233452 233452 11995979 3934242 0 217333 2049170 2049170 1393452 720541 263603 409308 2912009 2073641 722014 116354 85934 52678 23233 10023 418453 280615 109556 28282 301970 185018 69098 47854 11172 11172 31890 4170 27720 398865 398865 856596 649643 152504 54449 1612244 1174235 151672 286337 167123 167123 703414 508780 71150 123484 225470 223616 1854 158594 158594 238562 133901 74336 30325 TV AND RADIO AIRTIME 60927 60927 PROFESSIONAL DEVELOPMEN 48051 17392 2304 28355 MISCELLANEOUS EXPENSE 32920 20989 11838 93 TAXES AND LICENSES 23824 4 16708 7112 11730640 8322443 1865502 1542695 3539266 4495191 2479835 1981180 13157 18737 174406 190488 159002 75340 10361491 8556405 2012950 1805086 251750 304929 6113 7049 63549 8700028 8878000 265577 230058 14000 12000 158913 109065 438490 351123 X 8116318 8510534 145220 16343 8261538 8526877 8700028 8878000 265339 0 X 0 1 X 1 0 X 9992449 9167992 8168243 7410242 7844404 42583330 5473523 4930451 4833618 4440319 4338315 24016226 15465972 14098443 13001861 11850561 12182719 66599556 1768059 694759 243187 190219 148688 3044912 0 1768059 694759 243187 190219 148688 3044912 63554644 253766 266642 210733 223330 217826 1172297 253766 266642 210733 223330 217826 1172297 208020 234771 213152 223867 233452 1113262 15927758 14599856 13425746 12297758 12633997 68885115 0.92260 0.92560 0.01700 0.01730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63759 63759 6752292 5136512 1615780 3545440 3419893 125547 1805086 ANNUITIES PAYABLE 7049 LIABILITY FOR SELF-INSURANCE 27427 ACCRUED PAYROLL AND WITHHOLDINGS 74589 109065 X 11995979 0 11995979 0 11995979 11730640 0 11730640 0 11730640 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE REQUIREMENTS OF PROFESSIONAL LITERATURE IN ACCOUNTING FOR UNCERTAIN TAX POSITIONS. UNDER THIS GUIDANCE, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION WITH TAXING AUTHORITIES. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNCERTAIN TAX POSITIONS. FOR THE YEAR ENDED DECEMBER 31, 2017, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. THE RETURNS FOR THE YEARS OF 2014 AND BEYOND REMAIN SUBJECT TO EXAMINATION. 0 CENTRAL AMERICA AND CARIBBEAN 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 181866 EAST ASIA AND PACIFIC 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 114757 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM, FUND-RAISING, G&A TOURS, CLASSES, WORKSHOPS, CONFERENCES & CAMPS 207750 NORTH AMERICA EXCLUDING UNITED STATES 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 23701 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 750489 SOUTH AMERICA 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 462649 SOUTH ASIA 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 149218 SUB-SAHARAN AFRICA 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 269543 EUROPE - INCLUDING ICELAND AND GREENLAND 0 0 PROGRAM, FUNDRAISING, G & A TOURS, CLASSES, WORKSHOPS, CONFERENCES & CAMPS 753929 0 0 0 0 0 0 2159973 753929 2913902 SOUTH AMERICA (COLOMBIA) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 21600 WIRE TRANSFER SOUTH AMERICA (BRAZIL) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 291504 WIRE TRANSFER NORTH AMERICA (CANADA) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 23701 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (ITALY) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 37509 WIRE TRANSFER SOUTH ASIA (INDIA) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 116833 WIRE TRANSFER SUB-SAHARAN AFRICA (SOUTH AFRICA) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 64663 WIRE TRANSFER EAST ASIA AND THE PACIFIC (HONG KONG) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 5080 WIRE TRANSFER EAST ASIA AND THE PACIFIC (TAIWAN) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 14577 WIRE TRANSFER EUROPE INCLUDING ICELAND AND GREENLAND UK ENGLAND CLASSES, WORKSHOPS, CONFERENCES, CAMPS 13992 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA (ISRAEL) CLASSES, WORKSHOPS, CONFERENCES 41040 WIRE TRANSFER SUB-SAHARAN AFRICA (SOUTH AFRICA) CLASSES, WORKSHOPS,CONFERENCES 103240 WIRE TRANSFER CENTRAL AMERICA AND THE CARIBBEAN (BAHMAMAS) CLASSES, WORKSHOPS, CONFERENCES 30236 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (FINLAND) CLASSES, WORKSHOPS, CONFERENCES 2022 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (GERMANY) CLASSES, WORKSHOPS, CONFERENCES 19960 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (ROMANIA) CLASSES, WORKSHOPS, CONFERENCES 178663 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (N IRELAND) CLASSES, WORKSHOPS, CONFERENCES 56190 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA (ISRAEL) CLASSES, WORKSHOPS, CONFERENCES 13280 WIRE TRANSFER RUSSIA AND NEIGBORING STATES CLASSES, WORKSHOPS, CONFERENCES 411180 WIRE TRANSFER CENTRAL AMERICA AND THE CARIBBEAN (GUATEMALA) CLASSES, WORKSHOPS, CONFERENCES 4000 WIRE TRANSFER SOUTH AMERICA (PERU) 19385 EUROPE - INCLUDING ICELAND GREENLAND (PORTUGAL) 11220 CLASSES, WORKSHOPS, CONFERENCES CENTRAL AMERICA AND THE CARIBBEAN 4 147630 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES EAST ASIA AND THE PACIFIC 2 95100 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES & CAMPS - INCLUDING GREENLAND AND ICELAND 12 434372 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES & CAMPS MIDDLE EAST AND NORTH AFRICA 5 153430 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES RUSSIA AND NEIGHBORING STATES 5 339309 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES SOUTH AMERICA 10 169160 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES SOUTH ASIA 2 32385 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES SUB-SAHARAN AFRICA 1 62640 WIRE TRANSFER 0 0 0 0 0 0 X X X X X X 1 MASTERWORKS 19462 POWDER HILL PLACE NE POULSBO WA 98370 FUNDRAISING COUNSEL 0 1585784 398965 1186819 1585784 398965 1186819 AL AZ CA CT DE ID IL IN IA KS ME MI MO MT NE NV NJ NY OH OR TX VT DC WY ND RI GA WV SC HI CO MA KY NH NC VA TN SD NM MD FL OK MN WI AK UT LA WA MS PA ASHVILLE 571453 571453 CHATTANOOGA 137742 137742 2 14100 14100 723295 723295 X 0 0 X X X 0 0 0 0 0 0 0 0 0 PETE DELACY VP CONTENT 155148 0 0 0 0 0 7907 0 730 0 163785 0 0 0 DAVID ARTHUR CHIEF EXECUTIVE OFFICER 172555 0 0 0 0 0 3808 0 21796 0 198159 0 0 0 ELAINE WATKINS CHIEF DEVELOPMENT OFFICER 126817 0 0 0 0 0 0 0 25491 0 152308 0 0 0 PART I, LINE 1A THE WIFE OF THE CEO OCCASIONALLY TRAVELS WITH HIM. X 23 279753 MARKET VALUE 0 0 1 PART I, LINE 32B: USING MERRILL LYNCH, PRECEPT IMMEDIATELY SELLS STOCK DONATIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 2 KAY ARTHUR-BOARD MEMBER-EMPLOYED AT PRECEPT MINISTRIES IS MARRIED TO JACK ARTHUR. DAVID ARTHUR-CEO PRECEPT MINISTRIES; SON OF KAY ARTHUR FORM 990, PART VI, SECTION B, LINE 11B A DRAFT WILL BE PRESENTED AND DISCUSSED WITH THE AUDIT COMMITTEE. THE AUDIT COMMITTEE WILL REVIEW AND PRESENT THE 990 TO THE FULL BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT AND THE BOARD OF DIRECTORS READ AND SIGN THE CONFLICT OF INTEREST STATEMENTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 SALARY RANGES ARE DETERMINED FROM JOB DESCRIPTIONS BY AN INDEPENDENT HUMAN RESOURCE FIRM BASED ON AGREED UPON CRITERIA. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.