2017-05-12T10:52:48-05:00 2016-12-31 621046406 JOHNSON HICKEY & MURCHISON PC 2215 OLAN MILLS DRIVE CHATTANOOGA TN 37421 990 2016-01-01 620841438 PRECEPT MINISTRIES OF REACH OUT INC PREC 4238926814 P O BOX 182218 CHATTANOOGA TN 37422 DAVID ARTHUR CEO 6158926814 2017-05-11 1 DEAN KRECH P00296357 4237560052 64.88.174.3 2017-05-11 09:56:21 ED P 503DD43EE71C66DA1E441153CEFA788F8434D369 86D1092BE2C5C7E13EB7264D7B34F77C814FB26A 2016 2021-01-29 14:40:06Z DAVID ARTHUR 7324 NOAH REID RD CHATTANOOGA TN 37422 12825268 0 X WWW.PRECEPT.ORG X 1970 TN RELIGIOUS AND EDUCATIONAL 8 7 103 0 0 0 8168243 7410242 604293 527510 19592 31948 3373626 3656404 12165754 11626104 2040947 2289278 0 0 5974692 6168850 719396 476415 1669293 4413969 4611506 13149004 13546049 -983250 -1919945 10679461 8700028 497978 438490 10181483 8261538 TO ESTABLISH PEOPLE IN GOD'S WORD. 0 0 4585613 3559322 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. 934391 527510 WORKSHOPS AND CONFERENCES CONSIST OF TRAINING INDIVIDUALS IN THE PRECEPT METHOD OF BIBLE STUDY AND THE CONDUCTING OF TOPICAL CONFERENCES, 307,585 TRAINED ANNUALLY. 4233222 2289278 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. 9753226 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 27 0 103 1 0 0 0 0 0 0 0 0 0 0 X 8 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK FL MD MN MS NV NH NC ND SC TN UT VA WV WI X X AARON SILVIOUS 4238926814 7324 NOAH REID ROAD CHATTANOOGA TN 37421 JACK ARTHUR BOARD MEMBER 2.00 X 0 0 0 KAY ARTHUR BOARD MEMBER 40.00 X 126697 0 7173 REBECCA PRICE BOARD MEMBER 2.00 X 0 0 0 KRISS CLONINGER III CHAIR OF NOM & GOV 2.00 X 0 0 0 KEN GUISE BOARD CHAIRMAN 2.00 X X 0 0 0 CARY HUMPHRIES CHAIRMAN OF COMPENSATION 2.00 X 0 0 0 STEVE STRAND BOARD MEMBER 2.00 X 0 0 0 MARILYN CRONE BOARD VICE CHAIR 2.00 X X 0 0 0 PETE DELACY EXECUTIVE VP, PRECEPT PUB PRODUCTS 40.00 X 154803 0 8571 DAVEY SOLOMON CHIEF FINANCIAL OFFICER 40.00 X 152160 0 25539 DAVID ARTHUR CHIEF EXECUTIVE OFFICER 40.00 X 171499 0 25782 JOHN HOSSLER CHIEF MISSION OFFICER 40.00 X 162480 0 26042 STEVE REITER EXECUTIVE DIRECTOR 40.00 X 163426 0 25205 ELAINE WATKINS CHIEF DEVELOPMENT OFFICER 40.00 X 127572 0 26042 1058637 0 144354 7 0 1 0 UPS LOCKBOX 577 CAROL STREAM IL 601320577 SHIPPING SERVICES 257415 DOUGLAS SHAW & ASSOCIATES 1717 PARK STREET SUITE 300 NAPERVILLE IL 60563 FUNDRAISING COUNSEL 251808 BELAIRE CATERING PO BOX 25339 CHATTANOOGA TN 37422 CATERING 214306 MASTERWORKS 19462 POWDER HILL PLACE NE POULSBO WA 98370 FUNDRAISING EXPENSE 206057 DIVERSIFIED PRINTING 3721 POWERS COURT CHATTANOOGA TN 37416 PRINTING 191293 10 983502 6426740 467368 7410242 WORKSHOPS AND CONFERENC 611710 527510 527510 527510 37562 37562 163236 163236 22532 0 22532 22532 22532 684 4930 -684 -4930 -5614 -5614 0 983502 88686 -88686 -88686 4440319 1104864 3335455 3335455 MISCELLANEOUS 900099 223867 223867 223867 11626104 4086832 0 129030 2289278 2289278 1202990 683047 366329 153614 3948460 2526683 930660 491117 122310 76219 34699 11392 541041 409415 94709 36917 354049 227277 83496 43276 22799 22799 29930 3500 26430 476415 476415 1345229 1156929 132354 55946 1474848 1123380 75869 275599 187768 187768 666465 493683 75590 97192 235296 234282 1014 272313 175576 90034 6703 158348 158348 TV AND RADIO AIRTIME 91346 91346 MISCELLANEOUS EXPENSE 53912 28627 12610 12675 PROFESSIONAL DEVELOPMEN 51443 46215 1799 3429 TAXES AND LICENSES 21809 1 17804 4004 13546049 9753226 2123530 1669293 7945437 6019101 6948 13157 202262 174406 88432 159002 10330793 8317843 2123680 2012950 246625 251750 5853 6113 60224 63549 10679461 8700028 266582 265577 14000 231396 158913 497978 438490 X 10163573 8116318 17910 145220 10181483 8261538 10679461 8700028 -1919945 0 X 0 1 X 1 0 X 7462420 9992449 9167992 8168243 7410242 42201346 5347345 5473523 4930451 4833618 4440319 25025256 12809765 15465972 14098443 13001861 11850561 67226602 155425 1768059 694759 243187 190219 3051649 0 155425 1768059 694759 243187 190219 3051649 64174953 242797 253766 266642 210733 223330 1197268 242797 253766 266642 210733 223330 1197268 27931 208020 234771 213152 223867 907741 13080493 15927758 14599856 13425746 12297758 69331611 0.92560 0.93110 0.01730 0.01700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63759 63759 6727728 4962250 1765478 3539306 3355593 183713 2012950 ANNUITIES PAYABLE 6113 LIABILITY FOR SELF-INSURANCE 68941 ACCRUED PAYROLL AND WITHHOLDINGS 83859 158913 X 11714790 88686 88686 11626104 0 11626104 13634735 88686 88686 13546049 0 13546049 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, 2016, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. THE RETURNS FOR THE YEARS OF 2013 AND BEYOND REMAIN SUBJECT TO EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE NETTED AGAINST FUNDRAISING INCOME 88,686. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE NETTED AGAINST FUNDRAISING INCOME 88,686. 0 CENTRAL AMERICA AND CARIBBEAN 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 208093 EAST ASIA AND PACIFIC 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 113594 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM, FUND-RAISING, G&A TOURS, CLASSES, WORKSHOPS, CONFERENCES & CAMPS 128342 NORTH AMERICA EXCLUDING UNITED STATES 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 59551 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 521200 SOUTH AMERICA 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 610704 SOUTH ASIA 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 126094 SUB-SAHARAN AFRICA 0 0 PROGRAM, FUND-RAISING, G&A CLASSES, WORKSHOPS, CONFERENCES & CAMPS 231225 EUROPE - INCLUDING ICELAND AND GREENLAND 0 0 PROGRAM, FUNDRAISING, G & A TOURS, CLASSES, WORKSHOPS, CONFERENCES & CAMPS 527481 0 0 0 0 0 0 1998803 527481 2526284 SOUTH AMERICA (COLOMBIA) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 21480 WIRE TRANSFER SOUTH AMERICA (BRAZIL) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 394852 WIRE TRANSFER NORTH AMERICA (CANADA) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 59551 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (ITALY) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 11430 WIRE TRANSFER EUROPE (SCOTLAND) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 993 WIRE TRANSFER SOUTH ASIA (INDIA) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 96794 WIRE TRANSFER SUB-SAHARAN AFRICA (SOUTH AFRICA) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 66200 WIRE TRANSFER EAST ASIA AND THE PACIFIC (HONG KONG) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 5134 WIRE TRANSFER EAST ASIA AND THE PACIFIC (TAIWAN) CLASSES, WORKSHOPS, CONFERENCES, CAMPS 14080 WIRE TRANSFER EUROPE INCLUDING ICELAND AND GREENLAND UK ENGLAND CLASSES, WORKSHOPS, CONFERENCES, CAMPS 23755 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA (ISRAEL) CLASSES, WORKSHOPS, CONFERENCES 44460 WIRE TRANSFER SUB-SAHARAN AFRICA (SOUTH AFRICA) CLASSES, WORKSHOPS,CONFERENCES 102385 WIRE TRANSFER CENTRAL AMERICA AND THE CARIBBEAN (BAHMAMAS) CLASSES, WORKSHOPS, CONFERENCES 29444 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (FINLAND) CLASSES, WORKSHOPS, CONFERENCES 1895 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (GERMANY) CLASSES, WORKSHOPS, CONFERENCES 1625 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (ITALY) CLASSES, WORKSHOPS, CONFERENCES 24966 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (ROMANIA) CLASSES, WORKSHOPS, CONFERENCES 128691 WIRE TRANSFER EUROPE - INCLUDING ICELAND GREENLAND (N IRELAND) CLASSES, WORKSHOPS, CONFERENCES 57980 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA (ISRAEL) CLASSES, WORKSHOPS, CONFERENCES 18008 WIRE TRANSFER RUSSIA AND NEIGBORING STATES CLASSES, WORKSHOPS, CONFERENCES 384580 WIRE TRANSFER CENTRAL AMERICA AND THE CARIBBEAN (GUATEMALA) CLASSES, WORKSHOPS, CONFERENCES 40658 WIRE TRANSFER 21 CLASSES, WORKSHOPS, CONFERENCES CENTRAL AMERICA AND THE CARIBBEAN 5 137990 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES EAST ASIA AND THE PACIFIC 2 94381 WIRE TRANSFER TOURS, CLASSES, WORKSHOPS, CONFERENCES & CAMPS - INCLUDING GREENLAND AND ICELAND 9 276146 WIRE TRANSFER TOURS, CLASSES, WORKSHOPS, CONFERENCES & CAMPS MIDDLE EAST AND NORTH AFRICA 2 65874 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES RUSSIA AND NEIGHBORING STATES 7 136620 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES SOUTH AMERICA 12 194372 WIRE TRANSFER CLASSES, WORKSHOPS, CONFERENCES SOUTH ASIA 2 29300 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 870274 206057 664217 DOUGLAS SHAW & ASSOCIATES 1717 PARK STREET SUITE 300 NAPERVILLE IL 60563 FUNDRAISING COUNSEL 0 843435 251808 591627 WESTFALL SPEAKERS LLC 400 MAIN STREET SUITE 210 FRANKLIN TN 37064 DONOR EVENT MANAGEMENT 0 0 5250 -5250 WEALTHENGINE PO BOX 674398 DETROIT MI 482674398 FUNDRAISING COUNSEL 0 0 13300 -13300 1713709 476415 1237294 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 SPRING CHATTANOOGA 335276 335276 26760 FALL CHATTANOOGA 285426 285426 61926 6 362800 362800 983502 983502 88686 88686 -88686 X 0 0 X X X 0 0 0 0 0 0 0 0 0 PETE DELACY EXECUTIVE VP, PRECEPT PUB PRODUCTS 154803 0 0 0 0 0 7841 0 730 0 163374 0 0 0 DAVEY SOLOMON CHIEF FINANCIAL OFFICER 152160 0 0 0 0 0 7819 0 17720 0 177699 0 0 0 DAVID ARTHUR CHIEF EXECUTIVE OFFICER 171499 0 0 0 0 0 3585 0 22197 0 197281 0 0 0 JOHN HOSSLER CHIEF MISSION OFFICER 162480 0 0 0 0 0 0 0 26042 0 188522 0 0 0 STEVE REITER EXECUTIVE DIRECTOR 163426 0 0 0 0 0 6174 0 19031 0 188631 0 0 0 ELAINE WATKINS CHIEF DEVELOPMENT OFFICER 127572 0 0 0 0 0 0 0 26042 0 153614 0 0 0 PART I, LINE 1A THE WIFE OF THE CEO OCCASIONALLY TRAVELS WITH HIM. X 38 467368 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.