The R H Boyd Company is located in Nashville, TN. The organization was established in 1999. 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 12/2021, R H Boyd Company employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. R H Boyd Company 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, R H Boyd Company generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, R H Boyd Company has awarded 16 individual grants totaling $2,504,558. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE R.H. BOYD COMPANY'S MISSION IS TO PROVIDE BIBLICALLY SOUND LITERATURE THAT IS RELEVANT TO THE AFRICAN-AMERICAN COMMUNITY. THE COMPANY PUBLISHES CHRISTIAN LITERATURE THAT IS WRITTEN, DEVELOPED, AND INTERPRETED BY AFRICAN-AMERICANS TO REFLECT THEIR EXPERIENCES.
Describe the Organization's Program Activity:
THE COMPANY PUBLISHES LITERATURE RELEVANT TO BAPTISTS AND OTHER CHRISTIANS OF ALL DENOMINATIONS. THE CHRISTIAN LITERATURE CREATED IS WRITTEN, DEVELOPED, AND INTERPRETED BY AFRICAN-AMERICANS TO REFLECT THEIR OWN EXPERIENCES AND EXPERIENCES OF THEIR PEOPLE. THE COMPANY SERVES OVER 39,000 AFRICAN AMERICAN CHURCH CONGREGATIONS THROUGH THE DISTRIBUTION OF AUTHORED LITERATURE AND SUPPLEMENTAL PUBLICATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr David Groves Director | Trustee | 40 | $170,210 |
Mrs Yvette Boyd Director | Trustee | 1 | $88,500 |
Dr Ladonna Boyd President/ceo | Officer | 1 | $4,500 |
Dr Matthew Alix Director | Trustee | 1 | $4,500 |
Dr Tb Boyd III Chairman Emeritus | OfficerTrustee | 1 | $4,000 |
Dr T L Brown Director | Trustee | 1 | $4,000 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Don Kennedy Roofing Building Repairs | 12/30/18 | $234,411 |
Lithographics Inc Printing And Related | 12/30/18 | $212,267 |
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 | $154,631 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $154,631 |
Total Program Service Revenue | $0 |
Investment income | $119,969 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $303,018 |
Net Gain/Loss on Asset Sales | $2,256 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,064,969 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,644,843 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $286,620 |
Grants and other assistance to domestic individuals. | $17,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $275,710 |
Compensation of current officers, directors, key employees. | $116,609 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $379,592 |
Pension plan accruals and contributions | $15,501 |
Other employee benefits | $48,098 |
Payroll taxes | $51,751 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,809 |
Fees for services: Accounting | $177,303 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $728,941 |
Advertising and promotion | $108,899 |
Office expenses | $270,477 |
Information technology | $245,531 |
Royalties | $0 |
Occupancy | $334,525 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,183 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $92,665 |
Insurance | $74,167 |
All other expenses | $21,546 |
Total functional expenses | $3,320,582 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $160,370 |
Savings and temporary cash investments | $9,185,683 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $208,479 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $560,008 |
Prepaid expenses and deferred charges | $3,500 |
Net Land, buildings, and equipment | $2,568,917 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,310,448 |
Total assets | $13,997,405 |
Accounts payable and accrued expenses | $523,301 |
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 | $128,655 |
Total liabilities | $651,956 |
Net assets without donor restrictions | $13,224,035 |
Net assets with donor restrictions | $121,414 |
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 | $13,997,405 |
Over the last fiscal year, The R H Boyd Company has awarded $235,020 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Nashville, TN PURPOSE: CAPITAL CAMPAIGN | $187,500 |
Nashville, TN PURPOSE: SUNDAY SCHOOL CONVENTION | $47,520 |
Over the last fiscal year, we have identified 2 grants that The R H Boyd Company has recieved totaling $50,000.
Awarding Organization | Amount |
---|---|
The Community Fdn Of Middle Tn Inc Nashville, TN PURPOSE: FOR THE MATCHING GRANT CHALLENGE FOR THE BOYD HOUSE FUND | $25,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: ARTS AND CULTURE | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Ewtn News Inc Irondale, AL | $1,918,192 | $16,381,481 |
Gods World Publications Inc Asheville, NC | $5,264,725 | $11,160,512 |
Oak Spring Garden Foundation Upperville, VA | $320,424,904 | $24,563,668 |
National Catholic Reporter Publishing Company Kansas City, MO | $17,137,826 | $9,019,634 |
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 |
Truth For Today World Mission School Inc Searcy, AR | $8,904,427 | $4,531,764 |
St Louis Jewish Light St Louis, MO | $821,508 | $1,121,152 |
Sword Of The Lord Foundation Murfreesboro, TN | $3,942,238 | $620,448 |
Presbyterian Outlook Found Inc Richmond, VA | $657,059 | $780,760 |
Celebrating Grace Inc Macon, GA | $3,084,830 | $800,976 |