Concordant Publishing Concern
- Assets
- $7.9m
- Revenue
- $916.5k
- Investments
- $0.0
- Employees
- 7
- Location
- Almont, MI
- Founding
- 03/1959
- Data as of
- 12/2021
- EIN
- 95-2109097
Organization Overview
Concordant Publishing Concern is located in Almont, MI. The organization was established in 1959. 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, Concordant Publishing Concern employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concordant Publishing Concern 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, Concordant Publishing Concern generated $916.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $394.0k during the year ending 12/2021. While expenses have increased by 1.3% 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
RESEARCH FOR AND PUBLICATION OF BOOKS AND PERIODICALS CONCERNING THE SACRED SCRIPTURES, CONCORDANT VERSION OF THE OLD TESTAMENT AND CONCORDANT VERSION OF THE NEW TESTAMENT WITH CONCORDANCE, CONCORDANT GREEK TEXT, AND UNSEARCHABLE RICHES MAGAZINE, (VOLUME 112, 4 ISSUES).
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR 2021, WE CONTINUE TYPESETTING OUR CONCORDANT VERSION OF THE NEW TESTAMENT, CLNT, FOR PUBLICATION IN THE FUTURE. CURRENT CLNT'S FOR SALE HAVE NEVER BEEN TYPESET ON A COMPUTER. WE ALSO CONTINUE TO PUBLISH OUR EXPOSITORY MAGAZINE, UNSEARCHABLE RICHES, (VOLUME 112, FOUR ISSUES, 192 PAGES, ALSO PUBLISHED AS A BIENNIALLY CLOTH BOUND BOOK).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Coram President | Officer | 25 | $61,800 |
Wayne L Ogden Treasurer | Officer | 40 | $48,000 |
Robert G Edwards Vice President | Officer | 0 | $0 |
Sean Marting Secretary | Officer | 1 | $0 |
Daryl Reedy Trustee | Officer | 2 | $0 |
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 | $97,705 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,705 |
| Total Program Service Revenue | $0 |
| Investment income | $207,482 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $575,753 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $35,556 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $916,496 |
| 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. | $109,800 |
| Compensation of current officers, directors, key employees. | $43,920 |
| Compensation to disqualified persons | $104,320 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,312 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $82,330 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $155 |
| 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 | $2,000 |
| Insurance | $103 |
| All other expenses | $2,000 |
| Total functional expenses | $393,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,712 |
| Savings and temporary cash investments | $1,165,908 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $80,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $111,356 |
| Investments—publicly traded securities | $6,486,123 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,912,099 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $7,912,099 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,912,099 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Concordant Publishing Concern has recieved totaling $172.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $172 |
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 |