ASSOCIATED BAPTIST PRESS INC ATTN LINDSAY BERGSTROM

EIN: 581930302 501(c)(3) Religion

JACKSONVILLE, FL

Total Revenue
$844,324
Total Expenses
$887,408
Total Assets
$82,871
Net Assets
$67,581
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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
2000
Legal Domicile
FL
Principal Officer
MARK WINGFIELD
Phone
3367171135
Tax Period
2023-01-01 to 2023-12-31

ASSOCIATED BAPTIST PRESS INC ATTN LINDSAY BERGSTROM, founded in 2000, is a small nonprofit in the Religion sector that reported $844K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

PROVIDE BAPTIST NEWS

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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 (2023)

Revenue Breakdown

Contributions & Grants $503,809
Program Service Revenue $12,020
Investment Income $328,495
Other Revenue $0
TOTAL REVENUE $844,324

Expense Breakdown

Grants Paid $0
Salaries & Benefits $374,894
Fundraising Expenses $0
Program Expenses $195,148
Other Expenses $512,514
TOTAL EXPENSES $887,408

Year-over-Year Comparison

2023 2022 Change
Revenue $844,324 $649,069 +0.3%
Expenses $887,408 $690,789 +0.3%
Net Income $-43,084 $-41,720 +0.0%
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

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Governance

Voting Members
20
Independent Members
20
Employees
3
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
0
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK WINGFIELD EXEC. DIRECT 40.00
Highest
$134,755 $0 $134,755
AUSTIN ALMAGUER TRUSTEE 2.00
Director
$0 $0 $0
JANICE ANDERSON TRUSTEE 2.00
Director
$0 $0 $0
LARRY BRUMLEY CHAIRMAN 2.00
Director
$0 $0 $0
OTI BUNACIU TRUSTEE 2.00
Director
$0 $0 $0
CHRIS CALDWELL VICE CHAIRMA 2.00
Director
$0 $0 $0
MICHAEL CLINGENPEEL TREASURER 2.00
Director
$0 $0 $0
KEN COX TRUSTEE 2.00
Director
$0 $0 $0
JOHN FREEMAN TRUSTEE 2.00
Director
$0 $0 $0
SID SMITH III TRUSTEE 2.00
Director
$0 $0 $0
DANETTE KONG TRUSTEE 2.00
Director
$0 $0 $0
DAN LATTIMORE TRUSTEE 2.00
Director
$0 $0 $0
CRAIG MARTIN TRUSTEE 2.00
Director
$0 $0 $0
MIKE PARNELL SECRETARY 2.00
Director
$0 $0 $0
TIMOTHY PEOPLES TRUSTEE 2.00
Director
$0 $0 $0
KEVIN PRANOTO TRUSTEE 2.00
Director
$0 $0 $0
KYLE REESE TRUSTEE 2.00
Director
$0 $0 $0
SUSAN SHAW TRUSTEE 2.00
Director
$0 $0 $0
ERICA WHITAKER TRUSTEE 2.00
Director
$0 $0 $0
AIDSAND WRIGHT WIGGINS TRUSTEE 2.00
Director
$0 $0 $0
CAROL YOUNGER TRUSTEE 2.00
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 No data No data No data No data
2023 $844,324 $887,408 $82,871 $-43,084
2022 $649,069 $690,789 $119,775 $-41,720
2021 $702,219 $598,352 $152,907 $103,867
2020 $493,126 $628,519 $157,369 $-135,393
2019 $741,021 $691,513 $227,488 $49,508
2019 $741,021 $691,513 $227,488 $49,508
2018 $900,587 $973,887 $168,179 $-73,300
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