REFORMED FREE PUBLISHING ASSOCIATI… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1950

Legal Domicile

Principal Officer

JOEL RAU

Phone

6162241518

Tax Period

2024-09-01 to 2025-08-31

REFORMED FREE PUBLISHING ASSOCIATION, founded in 1950, is a small nonprofit in the Religion sector that reported $518K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $1.3M represent 29 months of operating reserves.

Mission

SEE BELOW

Program Service Accomplishments

Program 1

Expenses: $482,925 Revenue: $284,496

TO WITNESS THE TRUTH CONTAINED IN THE WORD OF GOD AND EXPRESSED IN THE THREE FORMS OF UNITY, BY PUBLISHING AND DISTRIBUTING THE STANDARD BEARER TO THOSE WHO WILL READ IT AND TO SELL LITERATURE AND...

TO WITNESS THE TRUTH CONTAINED IN THE WORD OF GOD AND EXPRESSED IN THE THREE FORMS OF UNITY, BY PUBLISHING AND DISTRIBUTING THE STANDARD BEARER TO THOSE WHO WILL READ IT AND TO SELL LITERATURE AND BOOKS PROMOTING THESE TRUTHS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $201,958

Program Service Revenue $219,872

Investment Income $31,995

Other Revenue $64,624

TOTAL REVENUE $518,449

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,801

Fundraising Expenses $0

Program Expenses $482,925

Other Expenses $256,016

TOTAL EXPENSES $520,817

Year-over-Year Comparison

	2024	2023	Change
Revenue	$518,449	$445,557	+0.2%
Expenses	$520,817	$514,197	+0.0%
Net Income	$-2,368	$-68,640	-1.0%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BOSVELD	PRESIDENT	1.00	Officer Director	$0	$0	$0
JASON ENGELSMA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL KALSBEEK	SECRETARY	1.00	Officer Director	$0	$0	$0
JOEL RAU	TREASURER	1.00	Officer Director	$0	$0	$0
JON DRNEK	VICE-ALL	1.00	Officer Director	$0	$0	$0
ANDY BYLSMA	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSH HARRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM HOLSTEGE	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN HUIZINGA	BOARD MEMBER	1.00	Director	$0	$0	$0
EDDIE NIENHUIS	BOARD MEMBER	1.00	Director	$0	$0	$0
RICK MINGERINK	BOARD MEMBER	1.00	Director	$0	$0	$0
DEREK VANOVERLOOP	BOARD MEMBER	1.00	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
2025	$518,449	$520,817	$1,278,786	$-2,368
2024	$445,557	$514,197	$1,239,191	$-68,640
2023	$341,901	$526,076	$1,236,298	$-184,175
2022	$380,975	$338,649	$1,343,180	$42,326
2021	$328,239	$312,752	$1,451,103	$15,487
2020	$281,068	$338,612	$1,381,623	$-57,544
2019	$289,798	$340,633	$1,439,214	$-50,835

REFORMED FREE PUBLISHING ASSOCIATION