Remnant Publications Inc
Nonprofit profile at a glance
- EIN
- 382810502
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Coldwater, MI, USA
- Phone
- 5172791304
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Printing, Publishing
- Affiliation
- Christianity
Reported finances
- Revenue
- $6,620,450
- Expenses
- $6,064,423
- Assets
- $13,548,186
- Liabilities
- $1,699,458
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Dwight Hall (CEO)
- Rudy W Hall (President)
Highest reported compensation
- Dwight Hall (CEO): $57,115 total reported compensation
- Dan Hall (VP, Sec, Treas): $57,115 total reported compensation
- Rudy W Hall (President): $57,115 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Dissemination of religious literature
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 92
- Accountability: 28
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.2%; rating input score 58
- Program expense ratio: 65.9%; rating input score 66
- Fundraising efficiency: $9.38 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.4%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 2.23; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 5.8% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 58.2% of revenue deployed · 65.9% of spending went to programs
- Governance: 0 of 3 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $4M in reported program spending
- Leadership: top reported pay $57K · 3 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- Review — Sustainability: Operating margin scored 59/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.