Chattanooga, TN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Precept, founded in 1970, is a mid-sized nonprofit in the Religion sector that reported $11.0M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $13.7M exceeded revenue, resulting in a 25% operating deficit.
Engaging people in relationship with God through knowing His Word
The Ministry is a religious organization that operates primarily by forming, facilitating and supporting groups of individuals who assemble regularly for communal worship. More specifically, the...
The Ministry is a religious organization that operates primarily by forming, facilitating and supporting groups of individuals who assemble regularly for communal worship. More specifically, the principal means by which the Ministry accomplishes its mission is to facilitate small groups (or congregations) of individuals who meet regularly to engage in Bible study and other worship activities (including prayer and fellowship) in accordance with the Ministry's religious beliefs. The Ministry currently has over 50,000 such groups meeting regularly in over 150 countries. The Ministry uses printed materials, social media, and the internet to promote and conduct Bible studies, estimated to reach several million global congregants annually. The Ministry also conducts various workshops and conferences, training hundreds of individuals to conduct Bible studies and Bible study conferences. Finally, the Ministry supports indigenous missionaries and Bible study groups in foreign countries. The Ministry estimates that these missionary activities have reached over 190 countries with Bible study materials translated into over 90 languages.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $10,977,960 | $11,912,882 | -0.1% |
| Expenses | $13,716,297 | $15,057,934 | -0.1% |
| Net Income | $-2,738,337 | $-3,145,052 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kay Arthur | Cofounder & Brand Ambassador | 40.00 |
Director
|
$103,123 | $6,032 | $109,155 |
| Steve Strand | Board Chairman | 2.00 |
Director
|
$0 | $0 | $0 |
| Ken Guise | Board member | 2.00 |
Director
|
$0 | $0 | $0 |
| Cary Humphries | Board member | 2.00 |
Director
|
$0 | $0 | $0 |
| Marilyn Crone | Board member & Board Vice Chair | 2.00 |
Director
|
$0 | $0 | $0 |
| Deanna Lee | Board member | 2.00 |
Director
|
$0 | $0 | $0 |
| Ashley Freer | Board member | 2.00 |
Director
|
$0 | $0 | $0 |
| Hanneli Rupert-Koegelenberg | Board member | 2.00 |
Director
|
$0 | $0 | $0 |
| John Wilcox - Ended 62024 | Board Vice Chair | 2.00 |
Director
|
$0 | $0 | $0 |
| David Arthur | CEO; President | 40.00 |
Officer
|
$214,625 | $31,229 | $245,854 |
| Ken Bowers | Executive Director | 40.00 |
Officer
|
$195,744 | $26,000 | $221,744 |
| Mark Adams | EVP Operations & Finance | 40.00 |
Key Emp
|
$172,716 | $42,238 | $214,954 |
| Debbie Poe | VP People Services | 40.00 |
Highest
|
$136,770 | $8,556 | $145,326 |
| Shannon Robbins | RDD Texas | 40.00 |
Highest
|
$111,379 | $30,663 | $142,042 |
| Jeremy Lucarelli | VP Bible Study Content & Media | 40.00 |
Highest
|
$114,637 | $34,985 | $149,622 |
| Mia Oglice | VP International Ministry | 40.00 |
Highest
|
$107,420 | $5,525 | $112,945 |
| Bob Willett | Director, Production & Facilities | 40.00 |
Highest
|
$114,897 | $12,229 | $127,126 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $10,977,960 | $13,716,297 | $4,847,498 | $-2,738,337 |
| 2023 | $11,912,882 | $15,057,934 | $7,164,297 | $-3,145,052 |
| 2022 | $13,043,409 | $13,763,464 | $10,493,085 | $-720,055 |
| 2021 | $15,669,576 | $11,826,128 | $10,987,140 | $3,843,448 |
| 2020 | $11,229,018 | $11,994,028 | $8,101,063 | $-765,010 |
| 2019 | $11,616,691 | $12,856,116 | $7,928,549 | $-1,239,425 |
| 2018 | $12,307,449 | $12,200,457 | $8,953,880 | $106,992 |
Compare Precept with other nonprofits in Tennessee and across the country.