Gods World Publications Inc
- Assets
- $5.3m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 90
- Location
- Asheville, NC
- Founding
- 12/1951
- Data as of
- 06/2020
- EIN
- 56-0538016
Organization Overview
Gods World Publications Inc is located in Asheville, NC. The organization was established in 1951. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Gods World Publications Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gods World 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 06/2020, Gods World Publications Inc generated $11.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $10.7m during the year ending 06/2020. While expenses have increased by 1.5% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PUBLICATION OF RELIGIOUS NEWS, JOURNALS, AND MATERIALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A JOURNALISTIC ENTERPRISE, GOD'S WORLD PUBLICATIONS, INC. PROVIDED DIRECT REPORTING ON NEWS AND HUMAN INTEREST STORIES WHICH ARE IMPORTANT TO OUR SUBSCRIBERS. IN 2016 WE INCREASED OUR COVERAGE, PARTICULARLY ON OUR DIGITAL AND RADIO PLATFORMS.OUR JOURNALISM TRAINING PROGRAM, WORLD JOURNALISM INSTITUTE (WJI), CONTINUED TRAINING ASPIRING JOURNALISTS IN RESIDENTIAL CLASSES DURING FISCAL YEAR 2021.WITH OUR CHILDREN'S NEWS PRODUCTS, WE DRAMATICALLY INCREASED OUR COVERAGE, PARTICULARLY IN DIGITAL FORMATS, TO ADDRESS THE NEEDS OF OUR MEMBERS AND CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Martin CEO | Officer | 40 | $148,115 |
Nick Eicher Chief Content Officer | 40 | $145,000 | |
Pierson Gerritsen Development Officer | 40 | $123,000 | |
Marvin Olasky Editor In Chief | 40 | $115,000 | |
Andrew Belz Development Officer | 40 | $107,203 | |
Mindy Belz Managing Editor | 40 | $102,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Graphic Communications Paper Purchases For Magazine | 6/29/17 | $305,906 |
Fry Communications Printing & Distribution Of Magazines | 6/29/17 | $653,643 |
Image Smith Smith & Fox Inc Warehouse Services | 6/29/17 | $159,862 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,692,084 |
| Investment income | $17,587 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $13 |
| Net Rental Income | $0 |
| 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 | -$55,310 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,160,512 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $41,975 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $212,030 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,712,720 |
| Pension plan accruals and contributions | $191,606 |
| Other employee benefits | $309,419 |
| Payroll taxes | $311,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,780 |
| Fees for services: Accounting | $52,348 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $797,371 |
| Advertising and promotion | $159,472 |
| Office expenses | $3,343,028 |
| Information technology | $878 |
| Royalties | $0 |
| Occupancy | $355,938 |
| Travel | $173,772 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $99,502 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $299,998 |
| Insurance | $140,756 |
| All other expenses | $0 |
| Total functional expenses | $10,654,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,753,485 |
| Savings and temporary cash investments | $1,192,153 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $274,839 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5 |
| Prepaid expenses and deferred charges | $74,592 |
| Investments—publicly traded securities | $6,039 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $170,290 |
| Total assets | $5,264,725 |
| Accounts payable and accrued expenses | $690,882 |
| Grants payable | $0 |
| Deferred revenue | $3,147,950 |
| 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 | $854,354 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,693,186 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $571,539 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gods World Publications Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Peter W & Christine T Kuyper Foundation Cody, WY PURPOSE: ONGOING OPERATIONS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gods World Publications Inc Asheville, NC | $5,264,725 | $11,160,512 |
Oak Spring Garden Foundation Upperville, VA | $320,424,904 | $24,563,668 |
Knoxville Leadership Foundation Knoxville, TN | $5,333,605 | $4,089,168 |
The R H Boyd Company Nashville, TN | $13,997,405 | $1,644,843 |
Arlington Catholic Herald Inc Arlington, VA | $2,675,214 | $2,744,696 |
Sword Of The Lord Foundation Murfreesboro, TN | $3,942,238 | $620,448 |
Pak7 Us Inc Greenville, SC | $134,015 | $887,145 |
Presbyterian Outlook Found Inc Richmond, VA | $657,059 | $780,760 |
Celebrating Grace Inc Macon, GA | $3,084,830 | $800,976 |
Fortify Your Faith Foundation Inc Jackson, TN | $1,806,781 | $1,011,958 |
Dth Publishing Corporation Chapel Hill, NC | $694,512 | $787,804 |
Speak The Word Ministry Foundation Virginia Beach, VA | $1,289,365 | $806,705 |