Nonprofit · EIN 36-1143987
GOOD NEWS PUBLISHERS
Tax-exempt · WHEATON, IL 60187
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $62,229,488 | $51,879,682 | $10,349,806 | $76,782,842 | $21,647,802 | $55,135,040 |
| May 31, 2024 | 990 | $43,601,697 | $37,224,376 | $6,377,321 | $63,015,779 | $18,230,545 | $44,785,234 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $1,431,300
- Program service revenue
- $51,159
- Investment income
- $389,355
- Royalties
- $2,678,927
- Net income from sales of inventory
- $57,645,927
- Other revenue
- $60,357,674
Expenses
- Grants and similar amounts paid
- $399,642
- Compensation of officers, directors and key employees
- $3,478,387
- Other salaries and wages
- $11,604,106
- Salaries, compensation and benefits (total)
- $19,954,580
- Professional fundraising fees
- $0
- Legal fees
- $153,143
- Accounting fees
- $43,854
- Occupancy
- $2,353,881
- Travel
- $1,229,868
- Depreciation
- $726,670
- Program services (functional)
- $45,281,616
- Management and general (functional)
- $6,192,738
- Fundraising (functional)
- $405,328
Balance sheet and other
- Total assets, start of year
- $63,015,779
- Total assets, end of year
- $76,782,842
- Total liabilities, end of year
- $21,647,802
- Net assets, end of year
- $55,135,040
- Land, buildings and equipment
- $8,864,983
- Net assets without donor restrictions
- $53,597,160
- Net assets with donor restrictions
- $1,537,880
- Gross receipts
- $99,469,840
- Employees
- 177
- Volunteers
- 8
- Year formed
- 1941
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Josh Dennis | Chairman of the Board, President, CEO Trustee or director, Officer | 40 | $455,580 | $46,511 |
| Donald Jones | Board Member, Chief Publishing Officer Trustee or director, Officer | 40 | $293,949 | $43,792 |
| Andrew Tebbe | Chief Communications Officer (part year) Officer | 40 | $289,655 | $46,092 |
| Daniel Bush | Chief Communications Officer Officer | 40 | $275,750 | $45,643 |
| Justin Taylor | Exec. VP Book Publishing Officer | 40 | $278,090 | $39,872 |
| Dan Kok | Secretary, Exec. VP Operations Officer | 40 | $263,812 | $41,400 |
| Paul Thomas | Sr. VP Finance & Asst. Treasurer Officer | 40 | $253,688 | $33,860 |
| Randall D Jahns | Sr. VP Global Ministry Key employee | 40 | $246,788 | $39,852 |
| Douglas O'Donnell | Sr. VP Bible Publishing Key employee | 40 | $235,598 | $41,623 |
| Anthony Gosling | Chief Operating Officer Highest-paid employee | 40 | $242,211 | $29,583 |
| Lane T Dennis | Board Member, Executive Advisor Trustee or director, Officer | 20 | $204,057 | $52,510 |
| Daniel Farrell | Sr VP of Creative Highest-paid employee | 40 | $191,264 | $38,931 |
| Matt Tully | Sr VP of Book & Audio Publishing Highest-paid employee | 40 | $188,056 | $39,437 |
| Robert Ratleph | VP of Software Development Highest-paid employee | 40 | $181,373 | $37,187 |
| Mark Hendrie | VP of Information Technology Highest-paid employee | 40 | $176,579 | $38,930 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| M Ebeth Dennis | Secretary, Associate Consultant (part year) Trustee or director, Officer | 10 | $151,572 |
| Dane Ortland | Board Member Trustee or director | 5 | $13,790 |
| Jon Dennis | Board Member Trustee or director | 5 | $7,396 |
| R Kent Hughes | Board Member Trustee or director | 5 | $4,800 |
| Wayne Grudem | Board Member Trustee or director | 5 | $4,800 |
| James Fellowes | Treasurer Trustee or director, Officer | 5 | $0 |
| Eric Channing | Board Member Trustee or director | 5 | $0 |
| Matt Roberts | Board Member Trustee or director | 5 | $0 |
| Peter Hubbard | Board Member Trustee or director | 5 | $0 |
990 for the year ended May 31, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Josh Dennis | President, CEO Trustee or director, Officer | 40 | $316,199 | $43,299 |
| Donald Jones | Chief Publishing Officer Trustee or director, Officer | 40 | $232,656 | $41,015 |
| Andrew Tebbe | Chief Communications Officer Officer | 40 | $228,938 | $44,623 |
| Anthony Gosling | Chief Operating Officer Officer | 40 | $229,212 | $39,497 |
| Justin Taylor | Exec. VP Book Publishing Officer | 40 | $219,019 | $44,310 |
| Dan Kok | Sr. VP Operations & Asst. Secretary Officer | 40 | $220,174 | $41,042 |
| Daniel Bush | Exec. VP Sales & Marketing Officer | 40 | $218,136 | $42,251 |
| Paul Thomas | Sr. VP Finance & Asst. Treasurer Officer | 40 | $216,370 | $32,146 |
| Randall D Jahns | Sr. VP Global Ministry Key employee | 40 | $207,861 | $38,944 |
| Douglas O'Donnell | Sr. VP Bible Publishing Key employee | 40 | $196,435 | $41,146 |
| Mark Hendrie | VP of Information Technology Highest-paid employee | 40 | $159,282 | $37,514 |
| Daniel Farrell | Sr VP of Creative Highest-paid employee | 40 | $155,639 | $37,778 |
| Robert Ratleph | VP of Software Development Highest-paid employee | 40 | $149,706 | $42,099 |
| Matt Tully | Sr VP of Marketing and Communications Highest-paid employee | 40 | $151,667 | $37,629 |
| Kenneth Winkelmann | VP of Operations Highest-paid employee | 40 | $147,720 | $37,386 |
| Lane T Dennis | Chairman, Executive Advisor Trustee or director, Officer | 20 | $130,447 | $52,010 |
| M Ebeth Dennis | Secretary, Associate Consultant Trustee or director, Officer | 10 | $41,500 | $0 |
| R Kent Hughes | Board Member Trustee or director | 5 | $2,958 | $0 |
| Dane Ortland | Board Member Trustee or director | 5 | $2,220 | $0 |
| Wayne Grudem | Board Member Trustee or director | 5 | $720 | $0 |
| Eric Channing | Board Member Trustee or director | 5 | $250 | $0 |
| James Fellowes | Treasurer Trustee or director, Officer | 5 | $0 | $0 |
| Jon Dennis | Board Member Trustee or director | 5 | $0 | $0 |
| Matt Roberts | Board Member Trustee or director | 5 | $0 | $0 |
| Peter Hubbard | Board Member Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1300 CRESCENT ST, WHEATON, IL 60187-5815
- In care of
- % PAUL THOMAS
- Principal officer (990 for 2024)
- Josh Dennis, 1300 Crescent St, Wheaton, IL 60187
- Signed the 990
- Paul Thomas, Sr VP of Finance
- Phone
- (630) 682-4300
- Website
- www.crossway.org
- Return prepared by
- CRI Capin Crouse Advisors LLC
Mission
Crossway is a not-for-profit Christian publishing ministry of Good News Publishers that exists to proclaim the gospel of Jesus Christ through publishing and other means, in order, by God's grace: to bring people to Christ as their Lord and Savior; to help Christians and the church grow in knowledge and understanding of the Christian life; to bear witness to God's truth, beauty, and holiness, and to the lordship of Christ in every area of life; and to glorify our Lord and Savior Jesus Christ in every way.
Program accomplishments
- Bible Publishing The Bible Division publishes the English Standard Version (ESV) Bible and related resources to serve the needs of the global church. The ESV is an "essentially literal" translation created by more than 100 leading evangelical scholars and pastors, emphasizing word-for-word accuracy, literary excellence, and depth of meaning. Since its first publication in 2001, hundreds of millions of copies have been distributed worldwide. In FY2025, Crossway continued to make the ESV available in a wide range of print editions and free digital formats, reaching users in nearly every country. Through global ministry initiatives, Bibles and gospel resources were distributed to pastors, missionaries, students, and ministry leaders around the world, many at no cost.Expenses $29,424,149 · grants $196,315 · revenue $37,467,370
- Book Publishing Crossway's book division, launched in 1979, publishes gospel-centered books in print, ebook, and audio formats, focused on proclaiming the gospel and applying God's Word to every area of life. Recent authors include Paul David Tripp, Kevin DeYoung, Dane Ortlund, Nancy Guthrie, Lydia Brownback, Jen Wilkin, John Piper, Kent Hughes, and Joni Eareckson Tada. In addition to new releases, Crossway provides free and discounted books to ministries, supports translation projects, and partners with organizations to extend the reach of biblically faithful resources globally.Expenses $14,905,811 · grants $125,519 · revenue $19,321,646
- Tract Publishing Founded in 1938 as Good News Publishers, Crossway began by printing evangelistic tracts and continues to distribute them worldwide to churches, ministries, and individuals engaged in gospel outreach. Digital and Global Ministry Initiatives Crossway invests in digital publishing to expand access to Scripture and gospel-centered resources. The ESV Bible was among the first modern translations released simultaneously in print and digital formats, and today it is freely available online and through mobile apps. Crossway also undertakes major global distribution projects, such as initiatives to place Bibles in the hands of people who might not otherwise have access to God's Word. All of this work is made possible by God's grace, with the aim of honoring our Savior and serving his church, for the glory of God alone.Expenses $951,656 · grants $77,808 · revenue $908,070
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 36-1143987
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1942
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $76,782,842
- Income (IRS master file)
- $99,469,840
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $62,229,488 | $51,879,682 | $76,782,842 | IRS |
| 990 | May 2024 | $43,601,697 | $37,224,376 | $63,015,779 | XML |
| 990 | May 2023 | $31,101,737 | $28,322,039 | $47,984,740 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-1143987).
Questions about GOOD NEWS PUBLISHERS
- What is the EIN of GOOD NEWS PUBLISHERS?
- The employer identification number (EIN) of GOOD NEWS PUBLISHERS is 36-1143987.
- Is GOOD NEWS PUBLISHERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to GOOD NEWS PUBLISHERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GOOD NEWS PUBLISHERS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GOOD NEWS PUBLISHERS due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GOOD NEWS PUBLISHERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of GOOD NEWS PUBLISHERS?
- The 990 for the year ended May 31, 2025 names Josh Dennis.
- Who are the officers and directors of GOOD NEWS PUBLISHERS?
- The 990 for the year ended May 31, 2025 lists 24 people; 20 received compensation from the organization, the highest $455,580 (Josh Dennis, Chairman of the Board, President, CEO).
- How much revenue does GOOD NEWS PUBLISHERS have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $62,229,488, expenses of $51,879,682 and total assets of $76,782,842 at year end.
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