Remnant Publications Inc
- Assets
- $11.1m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 17
- Location
- Coldwater, MI
- Founding
- 01/1989
- Data as of
- 12/2021
- EIN
- 38-2810502
Organization Overview
Remnant Publications Inc is located in Coldwater, MI. The organization was established in 1989. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Remnant Publications Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Remnant Publications Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Remnant Publications Inc generated $7.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $6.7m during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DISSEMINATION OF CHURCH LITERATURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISSEMINATION OF RELIGIOUS LITERATURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dwight Hall CEO | OfficerTrustee | 40 | $50,000 |
Rudy W Hall President | OfficerTrustee | 40 | $50,000 |
Dan Hall Vp, Sec, Treas | OfficerTrustee | 40 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,634,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,634,969 |
| Total Program Service Revenue | $5,754,481 |
| Investment income | $17,834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,800 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,415,084 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,000 |
| Compensation of current officers, directors, key employees. | $150,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $392,223 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,505 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,579 |
| Office expenses | $14,258 |
| Information technology | $27,016 |
| Royalties | $28,376 |
| Occupancy | $238,492 |
| Travel | $3,904 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $188,908 |
| Insurance | $13,848 |
| All other expenses | $58,750 |
| Total functional expenses | $6,692,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,408,082 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $118,245 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,971,502 |
| Prepaid expenses and deferred charges | $296,296 |
| Net Land, buildings, and equipment | $1,294,714 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $88 |
| Other assets | $0 |
| Total assets | $11,088,927 |
| Accounts payable and accrued expenses | $156,544 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,072,247 |
| Total liabilities | $1,228,791 |
| Net assets without donor restrictions | $8,592,900 |
| Net assets with donor restrictions | $1,267,236 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,088,927 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Remnant Publications Inc has recieved totaling $1,680.
| Awarding Organization | Amount |
|---|---|
Hereturns Winchester, KY PURPOSE: RELIGIOUS LITERATURE | $1,680 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Financial Literacy Foundation Farmington Hills, MI | $7,731,836 | $6,961,038 |
Ohio Rural Electric Cooperatives Inc Country Living Magazine Columbus, OH | $3,871,538 | $7,712,310 |
Remnant Publications Inc Coldwater, MI | $11,088,927 | $7,415,084 |
Greater Education Opportunities Foundation Indianapolis, IN | $17,673,440 | $7,674,537 |
Family Life Ministries Inc Zeeland, MI | $6,127,426 | $3,715,133 |
Midwest Political Science Association Bloomington, IN | $7,512,584 | $2,303,181 |
Marketing & Business Administration Research And Curriculum Center Columbus, OH | $2,028,160 | $2,206,323 |
Kenyon Review Gambier, OH | $13,850,557 | $1,875,927 |
Wcij Inc Madison, WI | $2,099,123 | $1,902,825 |
Purdue Student Publishing Foundation West Lafayette, IN | $4,866,330 | $726,874 |
Progressive Inc Madison, WI | $339,899 | $1,449,117 |
Journal-Gazette Foundation Inc Fort Wayne, IN | $9,773,846 | $314,564 |