FORUM FOR SCRIPTURAL CHRISTIANITY INC

EIN: 362680478 501(c)(3)

SPRING, TX

Total Revenue
$576,061
Total Expenses
$1,899,340
Total Assets
$659,216
Net Assets
$656,660
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
IL
Principal Officer
REV THOMAS A LAMBRECHT
Phone
8328138327
Tax Period
2024-01-01 to 2024-12-31

FORUM FOR SCRIPTURAL CHRISTIANITY INC, founded in 1967, is a small nonprofit that reported $576K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 230% operating deficit.

Mission

GOOD NEWS IS A CATALYST FOR THE FAITHFUL AND VIBRANT PRACTICE OF TRADITIONAL, BIBLE-CENTERED CHRISTIANITY WITHIN THE UNITED METHODIST CHURCH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $467,295
Program Service Revenue $52,566
Investment Income $54,663
Other Revenue $1,537
TOTAL REVENUE $576,061

Expense Breakdown

Grants Paid $581,002
Salaries & Benefits $481,521
Fundraising Expenses $113,959
Program Expenses $1,591,910
Other Expenses $836,817
TOTAL EXPENSES $1,899,340

Year-over-Year Comparison

2024 2023 Change
Revenue $576,061 $949,914 -0.4%
Expenses $1,899,340 $967,488 +1.0%
Net Income $-1,323,279 $-17,574 +74.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
26
Employees
7
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$196,074
Total Directors
26
$149,022
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS A LAMBRECHT VICE PRESIDENT 050.00
Officer Director Highest
$118,014 $31,008 $149,022
ROB RENFROE PRESIDENT 015.00
Officer
$47,052 $0 $47,052
HELEN RHEA STUMBO BOARD CHAIRPERSON 001.00
Officer Director
$0 $0 $0
RYAN BARNETT 1ST VICE CHAIR 001.00
Officer Director
$0 $0 $0
NORMAN NEEL TREASURER, FINANCE/AUDIT 001.00
Officer Director
$0 $0 $0
RICHARD THOMPSON SECRETARY 001.00
Officer Director
$0 $0 $0
TOM BENTUM NOMINATIONS GOVERNANCE 001.00
Director
$0 $0 $0
CHUCK SAVAGE DEVELOPMENT 001.00
Director
$0 $0 $0
JOHN BEYERS DIRECTOR 001.00
Director
$0 $0 $0
BEQUI FLORES DIRECTOR 001.00
Director
$0 $0 $0
JEFF HARPER DIRECTOR 001.00
Director
$0 $0 $0
TOM THOMAS DIRECTOR 001.00
Director
$0 $0 $0
MARY WHITE DIRECTOR 001.00
Director
$0 $0 $0
CHRIS BOUNDS DIRECTOR 001.00
Director
$0 $0 $0
DIXIE BREWSTER DIRECTOR 001.00
Director
$0 $0 $0
BETH ANN COOK DIRECTOR 001.00
Director
$0 $0 $0
SANDRA GRAY DIRECTOR 001.00
Director
$0 $0 $0
JOHN GRENFELL III DIRECTOR 001.00
Director
$0 $0 $0
LEAH HIDDE-GREGORY DIRECTOR 001.00
Director
$0 $0 $0
RILEY CASE DIRECTOR 001.00
Director
$0 $0 $0
MICHAEL WALKER DIRECTOR 001.00
Director
$0 $0 $0
JJ MANNSCHRECK DIRECTOR 001.00
Director
$0 $0 $0
SHEA REYENGA DIRECTOR 001.00
Officer Director
$0 $0 $0
JOY GRIFFIN DIRECTOR 001.00
Director
$0 $0 $0
WILLA KYNARD DIRECTOR 001.00
Director
$0 $0 $0
NORMA MORRISON DIRECTOR 001.00
Director
$0 $0 $0
BRANSON SHEETS DIRECTOR 001.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $576,061 $1,899,340 $659,216 $-1,323,279
2023 $949,914 $967,488 $2,047,804 $-17,574
2022 $1,660,588 $946,092 $2,105,396 $714,496
2021 $1,135,552 $960,016 $1,299,522 $175,536
2020 $1,077,579 $924,229 $1,120,496 $153,350
2019 $1,242,590 $1,242,920 $919,923 $-330
2018 $1,145,688 $847,540 $889,814 $298,148
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