2026-06-09T11:00:59-07:00 2025-12-31 990 2025-01-01 823174462 WALKING THE TEXT WALK 6153928494 PO Box 1962 Spring Hill TN 37174 Shallon Gray Finance Manager 6162120436 2026-06-09 2025 2025-03-06 01:10:19Z Bradley Gray 1807 Covey Rise Ct Spring Hill TN 37174 4350500 0 X www.walkingthetext.com X 2017 TN The organization provides Biblical resources through online teachings, podcasts, seminars, media, and study trips that help people to understand the Bible more thoroughly from it's original cultural, historical, and geographical context in order for them to understand and live out its teachings and principles better. 5 4 7 20 0 0 1062310 4156549 34150 16016 0 -2924 1643 167110 1098103 4336751 72325 0 0 0 603060 765218 39200 22250 65800 235963 481112 950548 1268580 147555 3068171 3456250 5234793 1299988 10357 2156262 5224436 The organization provides Biblical resources through online teachings, podcasts, seminars, study trips, and videos and media that help people to understand the Bible more thoroughly from its original cultural, historical, and geographical context in order for them to understand and live out its teachings and principles better. 0 0 212641 159180 0 Walking The Text provides scholarships to individuals desiring to participate in study trips to Biblical lands. This year all trips were cancelled due to the unrest in the Middle East. We received scholarship gifts (totaling $159,180 listed below) for individuals this year which will be applied to next years trips. Generally individuals accepted for scholarships are actively involved in ministry, Biblical teaching or leadership, or students studying ministry and/or Biblical studies. We earmark 20K of total donations received to give away in scholarships regardless of how the donor specifies the gift. Expense total is reflected in section IX column B line 2, 1/3 of line 5B (which equals $178,903), 1/3 line 20 ($21,554), line 24a and line 24c . Revenue total is reflected in section XIII line 2a. This year since all trips were cancelled there was no income for this program. 357948 0 16016 Walking The Text provides opportunities for churches and organizations to host live events where founder/director Brad Gray, (and other Biblical teachers including Content Director Brad Nelson) speaks and teaches on the Bible. The format is generally (but not limited to) weekend services at a church, live weekend workshops, or an annual 3-day Biblical conference (IBC). This year also included hosting screenings for the film we released this year--The Lord's Prayer. This year we had the opportunity to speak to the Buffalo Bills NFL team alongside their chaplain to name one of the unique opportunities we were involved in. We also led events in Indiana, Washington DC, Tennessee, Georgia, Colorado and Florida to name a few. Expense total is reflected in section IX column B lines 17, line 19, 24b, 24e, 1/3 line 5B (which equals $178,903), and 1/3 line 20 ($21,554). Revenue total is reflected in section XIII line 2b. 359258 0 70221 Website content and development including weekly video teachings, website updates, podcast development, and other resource information which is available for free to users on our website. Our main website Walking The Text is not a revenue generating service that we provide, rather we strive to offer the best resources on the subject of the Bible for free to everyone. There is information listed about study trips, speaking at conferences or churches, and/or future events listed on the website in which people can sign up for. Users also have the opportunity to donate to Walking The Text online. Parts of the website was revamped this year in order to give users a more friendly and easy website to navigate all the while maintaining the highest quality website possible. The film The Lord's Prayer was released in November 2025 and is now streaming on Angel. We do receive royalties through an LLC from this which is exempt. We created a new website www.thelordsprayer.com. Season 1 of The Sacred Thread releases in March 2026 and the new website is www.thesacredthread.com. Expense total is reflected in section IX 1/3 line 5B (which equals $178,903), 1/3 line 20 ($21,554), line 11a column B, line 11 b column B, line 11g column B, line 13, column B line 14, line 16, line 22, line 24d Column B. Revenue is reflected as royalty income 990 Part VIII, line 5. 0 0 0 929847 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 12 0 1 7 1 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 1 1 1 0 AZ GA OK TN X Shallon Gray 6162120436 1807 Covey Rise Ct Spring Hill TN 37174 X Brad Gray President Executive Director 40 0 X 147267 0 52800 Bradley Nelson Content Director 40 0 X 96667 0 52800 Marcus Naugler Creative Director 40 0 X 130000 0 9473 Paul Weber Former Director of Strategic Partnerships 40 0 X X 113733 0 12800 April Gaddis Executive Assistant 40 0 X 65000 0 12800 Shallon Gray Finance Manager 18 0 X 18576 0 0 Daniel Prokop Current Director of Strategic Partnerships 40 0 X 16250 0 0 Richard Lyons Board Treasurer 2 0 X 0 0 0 Nathan Young Board Chair Member 2 0 X 0 0 0 Gary Gray Board Member 2 0 X 0 0 0 Hala Saad Board Vice Chair 2 0 X 0 0 0 Jason Gianotti Board Secretary 2 0 X 0 0 0 587493 0 140673 3 1 1 0 Evolve Studios 277 Mallory Station Rd Unit 106 Franklin TN 37067 Production company fees for docuseries development 1744193 1 X 0 0 0 0 0 4156549 52974 4156549 Study Trip Income 611600 0 0 0 0 Guest Speaking Income 813110 16016 16016 0 0 0 0 0 0 16016 0 0 0 0 0 0 0 0 70221 70221 0 0 0 0 0 0 0 0 0 0 0 0 0 -2924 0 0 0 -2924 -2924 -2924 0 0 0 0 0 0 0 0 0 0 0 0 0 0 110638 13749 96889 96889 0 0 0 4336751 180202 0 0 X 0 0 0 0 0 0 0 0 667493 536708 87235 43550 0 0 0 0 0 0 0 0 0 0 0 0 60673 0 60673 0 37052 0 37052 0 5700 5700 0 0 0 0 0 0 18880 0 18880 0 0 0 0 0 22250 22250 0 0 0 0 79600 79600 0 0 45359 0 45359 0 2881 2881 0 0 34737 34737 0 0 0 0 0 0 2308 2308 0 0 23259 23259 0 0 0 0 0 0 6768 6768 0 0 71847 64662 7185 0 0 0 0 0 31081 28615 2466 0 11875 0 11875 0 Bank Charges and Fees 9443 9443 0 0 Educational Resources 3964 3964 0 0 Clothing and Gear for Trips/Travel 2741 2741 0 0 Equipment and Set Design Expense 4961 4961 0 0 125708 123500 2208 0 1268580 929847 272933 65800 X 489445 349484 0 0 0 0 0 70221 0 0 0 0 0 0 2179 135299 0 0 43647 34127 11050 9520 0 0 0 2953576 4670269 0 3456250 5234793 7566 10357 0 0 35700 0 0 0 0 0 250000 0 1000000 0 0 0 6722 1299988 10357 X 17105 1850283 2139157 3374153 2156262 5224436 3456250 5234793 X 3068171 0 0 0 3 0 X X 0 1 X 1 0 X 968188 1218257 868469 1062310 4156549 8273773 184312 223869 65442 42278 196875 712776 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1152500 1442126 933911 1104588 4353424 8986549 0 0 0 0 0 0 184312 223869 65442 42278 196875 712776 184312 223869 65442 42278 196875 712776 8273773 0 0 10 0 0 10 0 0 0 0 0 0 0 0 10 0 0 10 0 0 0 0 0 0 0 0 0 0 0 0 1152500 1442126 933921 1104588 4353424 8986559 0.92068 0.88482 0.00000 0.00015 X Schedule A, Part III, Line 1 Of these contributions, non cash donated interest income received in 2025 was $32,688. The lender gave 0% interest and it was recorded as an incurred interest expense and then received as donated interest so the balance reflects $0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 43647 0 34127 9520 0 0 0 0 9520 4350503 0 0 0 3 3 4350500 0 -13749 -13749 4336751 1282329 0 0 0 13749 13749 1268580 0 0 0 1268580 Schedule D, Part XI, Line 2d This is an adjustment of prior period to reconcile final numbers. Schedule D, Part XI, Line 4b The audit represents the numbers a bit differently than the 990 requires. The audit number of total support does not include COGS on the revenue statement but the 990 does. Schedule D, Part XII, Line 2d The audit represents the numbers a bit differently than the 990 requires. The audit total expenses includes COGS ($13749) on the expense statement but the 990 includes it on the revenue statement. X X 1 Strategic Kingdom Building Ministries 2040 McAvoy Drive Franklin TN 37064 Strategy consulting for approaching and maintaining relationships with significant donors. 0 0 22500 -22500 0 22500 -22500 TN X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Brad Gray President Executive Director 147267 0 0 0 0 0 0 0 52800 0 200067 0 0 0 Marcus Naugler Creative Director 130000 0 0 0 0 0 0 0 9473 0 139473 0 0 0 Paul Weber Former Director of Strategic Partnerships 133733 0 0 0 0 0 0 0 12800 0 146533 0 0 0 Schedule J, Part I, Line 1a Bradley Gray and Bradley Nelson both received a housing allowance of $40K. The board approved this amount and documentation for housing expenses was provided by each person. Paul Weber is the former Director of Strategic Partnerships. He ended as an employee of Walking The Text in November 2025. Schedule J, Part I, Line 3 The Executive board is required to provide comparable data to support salary designation for all employees. The Board utilizes a variety of mediums to determine COLA increases, salary range, etc. Bradley Gray is not permitted to vote regarding his own compensation. The board must vote and approve salary and housing allowance packages and record documentation in board minutes and compensation agreements. Schedule J, Part II Bradley Gray, President and Executive Director is the highest paid employee of Walking The Text. Compensation packages are reviewed and approved by the board. He also receives a housing allowance and recieved a QSEHRA benefit up to the maximum allowance by the IRS for 2025 which was 12,800. Marc Naugler is our Creative Director and receives a salary of $130K plus a QSEHRA benefit up to the maximum allowance by the IRS. For 2025, it was $12800 but he only used $9473. Paul Weber is the former Director of Strategic Partnerships and earned a salary of $133,733. He was also eligible for the QSEHRA benefit up to the maximum allowance by the IRS of $12800 and used it all. X 1 20286 Cash Sale of Stock X Donated Interest Recieved 2 32688 term of loan interest percentage 0 0 1 0 Schedule M, Part I, Line 9 Stock donations are immediately sold upon receipt and cash is deposited into our Walking The Text account. Stock gifts are not held for any length of time. Schedule M, Part I, Lines 25-28 This was donated interest received for two loans we took out. The loans were interest free the first year so on the books the donated interest is received and then it is expensed as interest paid. Form 990, Part VI, Section A, Line 1a There are 6 members of the governing body although Brad Gray does not have voting rights. Form 990, Part VI, Section A, Line 2 The Executive Director/Officer Brad Gray and Board Member Director Gary Gray are related in that Brad is Gary's son. Form 990, Part VI, Section A, Line 9 Gary Gray 2701 Pfister Hwy Adrian MI 49221 Richard Lyons 6712 Bryant Ave Holland MI 49423 Nathan Young PO Box 550 Douglas MI 49406 Marcus Naugler 846 Rands Way Columbia TN 38401 Bradley Nelson 1300 Legend Dr Greensboro GA 30642 Hala Saad 412 Mills St Fort Worth TX 76102 Jason Gianotti 993 Iron Horse Dr San Marcos CA 92078 Daniel Prokop 2590 Tom Anderson Rd Franklin TN 37064 Form 990, Part VI, Section B, Line 11b Form 990 was completed initially by Finance Manager Shallon Gray and then reviewed by Capin Crouse during audit compilation. Form 990, Part VI, Section B, Line 12a Written Conflict of Interest policy is adhered to according to Section 25 of the WTT Employee handbook and also the Board Conflict of Interest Policy. Any person with a complaint should address the Board Chair Nathan Young. In the case of a board member complaint that member will leave a meeting after presenting the conflict in order for the board to vote. Form 990, Part VI, Section B, Line 15 The board uses comparability data, COLA statistics, etc. to determine salaries for Director level employees. Executive Director Brad Gray does not have voting rights in the determination. All information used to determine salaries is recorded in minutes. Form 990, Part VI, Section C, Line 19 All documents and policies are available to all board members, directors, officers, and the public upon request. Any changes or updates to policies are approved by the Board and then final updated policies are distributed to each member. Some information is available on our website www.walkingthetext.com but additional information is available upon request. Public information can be accessed by searching Federal and State non-profit charitable organization search websites. Form 990, Part VII, Section A, Line 1a Column F here for Brad Gray and Brad Nelson include $40K housing allowance plus QSEHRA benefits. The other employees with totals in line F include QSEHRA benefits. Form 990, Part VII, Section B, Line 1(A) Evolve Studios is the production company we are working with for the development of The Lord's Prayer Film and The Sacred Thread television series. The Lord's Prayer film released in November 2025 and The Sacred Thread Season One released in March 2026. We still have plans to produce upwards to seven seasons and thus will require significant funds payable to them to produce this show. Funds paid to them are capitalized as intangible assets. Form 990, Part VIII, Line 1f Of these total contributions, $3,075,816 was specifically earmarked for the film and television series we have produced this year (and early 2026). These funds cover the program, management, and production costs for both the film and series. These funds are capitalized as intangible assets. In addition, of these total funds $159,180 were specifically earmarked for scholarships for study trips. These total funds also include donated interest of $32,688 for two loans we recieved in 2024 interest free that are now paid off. Form 990, Part VIII, Line 1g $32688 of this total was non cash contributions as donated interest received from two loans in 2024. The other $20,286 was received from stock contributions which were immediately sold. See schedule M. Form 990, Part VIII, Line 10b It's worth noting that COGS on the 990 is represented on the Statement of Revenue and not the Statement of Expenses. When Capin Crouse performs the audit they represent COGS on the expense side which is why the total revenue is different on the 990 and audited statements. See schedule D for more detailed explanation and reconciliation. Form 990, Part IX, Line 9 These are QSEHRA reimbursements paid: $12,800 Brad Gray, 12,800 Paul Weber, $12,800 April Gaddis, $12,800 Brad Nelson, $9473 Marc Naugler. The 2025 IRS limit was $12,800. Form 990, Part IX, Line 11g These expenses are for consulting services to help us with marketing and revamping all three of our websites. Form 990, Part IX, Line 19 These are for membership fees for a new collaborative group Wedgewood Circle and attending other conferences. We did not host our own conference this year. Form 990, Part IX, Line 20 Part of this interest expense was paid as cash and part of it is reflected as paid interest but we received donated interest on a 0% loan. Total amount received as donated interest was $32,688. Form 990, Part IX, Line 22 This is computer and equipment depreciation, along with ammortization expense of $25K for The Lord's Prayer film which was released in November 2025. Form 990, Part IX, Line 24e This line includes The Lord's Prayer premier expenses total $94,136 which included all expenses related to a large premier for the film The Lord's Prayer. It also includes gifts given expense $83, clothing and miscellaneous gear related to production and travel of $28,919, and $2571 related to meals and entertainment expenses. Form 990, Part X, Line 4 This was royalties received from Q4 of 2025 after the release of The Lord's Prayer film. Money is received into The Lord's Prayer, LLC which is a single member disregard entity and Walking The Text is the single owner so the LLC receives the same tax-exempt benefit as Walking The Text. Form 990, Part X, Line 8 This total reflects sale of clothing merchandise, online recordings of previous conferences, and also book income that was received for the book published and released in November 2025, Bringing Heaven Here. Form 990, Part X, Line 14 These intangible assets are The Lord's Prayer film and The Sacred Thread Season One television series. Form 990, Part XI, Line 8 This is a small $3 adjustment to reconcile rounding differences between the 990 and audited statements from year to year. Form 990, Part XII, Line 2b This year we conducted an audit with Capin Crouse. Our Finance Manager Shallon Gray, along with the board, oversaw the audit. This is the fourth year we have conducted an audit compilation. The final audit is provided with form 990. Lords Prayer Movie LLC 30 N Gould St Ste N Sheridan WY 82801 991883988 Single member LLC to hold royalty funds from earnings of The Lord's Prayer movie WY 70221 0 Walking The Text Sacred Thread LLC 30 N Gould St Ste N Sheirdan WY 82801 991909981 Single member LLC holding account for royalties from The Sacred Thread tv series WY 0 0 Walking The Text Schedule R, Part I The Lord's Prayer film was released in November 2025 and thus began receiving royalty payments into The Lord's Prayer, LLC. The Sacred Thread series is releasing in March 2026 and will then begin receiving royalty payments into The Sacred Thread, LLC. Filed for automatic extension and received permission to file by November 15, 2026.