Nonprofit · EIN 62-0841438
PRECEPT MINISTRIES OF REACH OUT INC
Tax-exempt · CHATTANOOGA, TN 37422
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $23,089,143 | $11,792,930 | $11,296,213 | $15,614,517 | $448,866 | $15,165,651 |
| December 31, 2024 | 990 | $10,977,960 | $13,716,297 | -$2,738,337 | $4,847,498 | $978,060 | $3,869,438 |
| December 31, 2023 | 990 | $11,912,882 | $15,057,934 | -$3,145,052 | $7,164,297 | $556,522 | $6,607,775 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $8,979,213
- Program service revenue
- $149,313
- Investment income
- $10,253,191
- Royalties
- $142,186
- Net rental income
- $4,440
- Net gain from sales of assets
- $10,098,263
- Net income from fundraising events
- -$107,057
- Net income from sales of inventory
- $3,502,872
- Other revenue
- $3,707,426
Expenses
- Grants and similar amounts paid
- $2,371,651
- Compensation of officers, directors and key employees
- $693,661
- Other salaries and wages
- $4,120,573
- Salaries, compensation and benefits (total)
- $5,766,307
- Professional fundraising fees
- $0
- Legal fees
- $10,748
- Accounting fees
- $38,624
- Occupancy
- $154,269
- Travel
- $127,866
- Depreciation
- $94,171
- Program services (functional)
- $9,182,531
- Management and general (functional)
- $2,014,666
- Fundraising (functional)
- $595,733
Balance sheet and other
- Total assets, start of year
- $4,847,498
- Total assets, end of year
- $15,614,517
- Total liabilities, end of year
- $448,866
- Net assets, end of year
- $15,165,651
- Land, buildings and equipment
- $100,718
- Publicly traded securities
- $5,580,755
- Net assets without donor restrictions
- $15,165,651
- Gross receipts
- $26,031,862
- Employees
- 70
- Volunteers
- 8
- Year formed
- 1970
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Arthur | CEO, President Officer | 40 | $212,252 | $33,360 |
| Ken Bowers | Executive Director Officer | 40 | $193,853 | $33,850 |
| Mark Adams | EVP Operations & Finance Key employee | 40 | $179,696 | $38,997 |
| Debbie Poe | VP, HR Highest-paid employee | 40 | $136,047 | $10,341 |
| Shannon Robbins | RDD Texas Highest-paid employee | 40 | $121,593 | $19,093 |
| Bob Willett | Director, Production & Fac Highest-paid employee | 40 | $119,285 | $11,835 |
| Christina Hamby | EVP Marketing Highest-paid employee | 40 | $112,265 | $9,284 |
| Mia Oglice | VP International Ministry Highest-paid employee | 40 | $111,364 | $5,665 |
| Kay Arthur Ended 32025 | Cofounder & Brand Ambassador Trustee or director | 2 | $1,653 | $0 |
| Steve Strand | Board Chairman Trustee or director | 2 | $0 | $0 |
| Ken Guise | Board Member Trustee or director | 2 | $0 | $0 |
| Cary Humphries | Board Member Trustee or director | 2 | $0 | $0 |
| Marilyn Crone | Board Member Trustee or director | 2 | $0 | $0 |
| Ashley Freer | Board Member & Board Vice Chair Trustee or director | 2 | $0 | $0 |
| Hanneli Rupert-Koegelenberg | Board Member Trustee or director | 2 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deanna Lee | Board Member Trustee or director | 2 | $0 |
| Angi Tuffnell Began 42025 | Board Member Trustee or director | 2 | $0 |
| Fred Rohrdanz Began 42025 | Board Member Trustee or director | 2 | $0 |
| Philip Eppard Began 42025 | Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Arthur | CEO; President Officer | 40 | $214,625 | $31,229 |
| Ken Bowers | Executive Director Officer | 40 | $195,744 | $26,000 |
| Mark Adams | EVP Operations & Finance Key employee | 40 | $172,716 | $42,238 |
| Jeremy Lucarelli | VP Bible Study Content & Media Highest-paid employee | 40 | $114,637 | $34,985 |
| Debbie Poe | VP People Services Highest-paid employee | 40 | $136,770 | $8,556 |
| Shannon Robbins | RDD Texas Highest-paid employee | 40 | $111,379 | $30,663 |
| Bob Willett | Director, Production & Facilities Highest-paid employee | 40 | $114,897 | $12,229 |
| Mia Oglice | VP International Ministry Highest-paid employee | 40 | $107,420 | $5,525 |
| Kay Arthur | Cofounder & Brand Ambassador Trustee or director | 40 | $103,123 | $6,032 |
| Steve Strand | Board Chairman Trustee or director | 2 | $0 | $0 |
| Ken Guise | Board member Trustee or director | 2 | $0 | $0 |
| Cary Humphries | Board member Trustee or director | 2 | $0 | $0 |
| Marilyn Crone | Board member & Board Vice Chair Trustee or director | 2 | $0 | $0 |
| Deanna Lee | Board member Trustee or director | 2 | $0 | $0 |
| Ashley Freer | Board member Trustee or director | 2 | $0 | $0 |
| Hanneli Rupert-Koegelenberg | Board member Trustee or director | 2 | $0 | $0 |
| John Wilcox - Ended 62024 | Board Vice Chair Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Arthur | CEO; President Officer | 40 | $211,359 | $36,740 |
| Ken Bowers | Executive Director Officer | 40 | $193,382 | $37,256 |
| Mark Adams | Chief Technology Officer Key employee | 40 | $168,176 | $46,988 |
| Kay Arthur | Cofounder & Board Member Trustee or director | 40 | $151,969 | $7,942 |
| Debbie Poe | VP People Services Highest-paid employee | 40 | $135,976 | $6,800 |
| Elaine Watkins | Chief Relationship Ofcr (ended 9/23) Highest-paid employee | 40 | $124,646 | $16,496 |
| Dallas Pymm | Director of Development Highest-paid employee | 40 | $103,679 | $34,772 |
| Shannon Robbins | RDD Texas Highest-paid employee | 40 | $104,831 | $25,877 |
| Jeremy Lucarelli | VP US Leader Development Highest-paid employee | 40 | $112,027 | $7,676 |
| Cindi Finn | CFO (ended 9/23) Officer | 40 | $96,746 | $5,024 |
| Steve Strand | Board Chairman Trustee or director | 2 | $0 | $0 |
| John Wilcox | Board Vice Chair Trustee or director | 2 | $0 | $0 |
| Ken Guise | Board member Trustee or director | 2 | $0 | $0 |
| Cary Humphries | Board member Trustee or director | 2 | $0 | $0 |
| Marilyn Crone | Board member Trustee or director | 2 | $0 | $0 |
| Deanna Lee | Board member Trustee or director | 2 | $0 | $0 |
| Ashley Freer | Board member Trustee or director | 2 | $0 | $0 |
| Hanneli Rupert-Koegeleberg | Board member Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 182218, CHATTANOOGA, TN 37422-7218
- Principal officer (990 for 2025)
- David Arthur, PO Box 182218, Chattanooga, TN 37422
- Signed the 990
- David Arthur, CEO
- Phone
- (423) 892-6814
- Website
- www.precept.org
- Return prepared by
- Batts Morrison Wales & Lee PA
Mission
Engaging people in relationship with God through knowing His Word
Program accomplishments
- The Ministry is a religious organization that operates primarily by forming, facilitating and supporting groups of individuals who assemble regularly for communal worship. More specifically, the principal means by which the Ministry accomplishes its mission is to facilitate small groups (or congregations) of individuals who meet regularly to engage in Bible study and other worship activities (including prayer and fellowship) in accordance with the Ministry's religious beliefs. The Ministry currently has over 50,000 such groups meeting regularly in over 150 countries. The Ministry uses printed materials, social media, and the internet to promote and conduct Bible studies, estimated to reach several million global congregants annually. The Ministry also conducts various workshops and conferences, training hundreds of individuals to conduct Bible studies and Bible study conferences. Finally, the Ministry supports indigenous missionaries and Bible study groups in foreign countries. The Ministry estimates that these missionary activities have reached nearly 184 countries with Bible study materials translated into nearly 110 languages.Expenses $9,182,531 · grants $2,371,651 · revenue $3,652,185
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 62-0841438
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Not required (church)
- Category (NTEE)
- Religion-related (X99)
- Assets (IRS master file)
- $15,614,517
- Income (IRS master file)
- $26,031,862
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $23,089,143 | $11,792,930 | $15,614,517 | XML |
| 990 | December 2024 | $10,977,960 | $13,716,297 | $4,847,498 | XML |
| 990 | December 2023 | $11,912,882 | $15,057,934 | $7,164,297 | XML |
| 990 | December 2022 | $13,043,409 | $13,763,464 | $10,493,085 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-0841438).
Questions about PRECEPT MINISTRIES OF REACH OUT INC
- What is the EIN of PRECEPT MINISTRIES OF REACH OUT INC?
- The employer identification number (EIN) of PRECEPT MINISTRIES OF REACH OUT INC is 62-0841438.
- Is PRECEPT MINISTRIES OF REACH OUT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to PRECEPT MINISTRIES OF REACH OUT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRECEPT MINISTRIES OF REACH OUT INC file?
- Form Not required (church). Churches are not required to file.
- When is the next return of PRECEPT MINISTRIES OF REACH OUT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRECEPT MINISTRIES OF REACH OUT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PRECEPT MINISTRIES OF REACH OUT INC?
- The 990 for the year ended December 31, 2025 names David Arthur.
- Who are the officers and directors of PRECEPT MINISTRIES OF REACH OUT INC?
- The 990 for the year ended December 31, 2025 lists 19 people; 9 received compensation from the organization, the highest $212,252 (David Arthur, CEO, President).
- How much revenue does PRECEPT MINISTRIES OF REACH OUT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $23,089,143, expenses of $11,792,930 and total assets of $15,614,517 at year end.
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