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Filing year 2024

Precept

Chattanooga, Tennessee·EIN 62-0841438·NTEE X99 · Religion-Related·501(c)(3)
Total revenue
$11M
Total assets
$4.8M
Total expenses
$13.7M
Reported officers
17
Mission

Engaging people in relationship with God through knowing His Word

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations nationwide.

Ceo; President
Above 90th percentilevs Religion-Related peers in Tennessee
$246k
$261k
Base
$215k
Bonus
Other
Benefits
$21k
Executive Director
Above 90th percentilevs Religion-Related peers in Tennessee
$222k
$235k
Base
$196k
Bonus
Other
Benefits
$26k
EVP Operations & Finance
Executive Vice President
Median to 75th percentilevs all sectors nationwide
$215k
$228k
Base
$173k
Bonus
Other
Benefits
$33k
VP Bible Study Content & Media
Board Vice President
75th to 90th percentile
$150k
$159k
VP People Services
Board Vice President
75th to 90th percentile
$145k
$154k
Rdd Texas
Highest Compensated Employee
Median to 75th percentile
$142k
$151k
Director, Production & Facilities
Highest Compensated Employee
25th percentile to median
$127k
$135k
VP International Ministry
Board Vice President
75th to 90th percentile
$113k
$120k
Cofounder & Brand Ambassador
Board Member
75th to 90th percentilevs Religion-Related peers in Tennessee
$109k
$116k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Precept equaled 2% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2024)
2%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2023

From $248k in 2023 to $246k in 2024.

$248k
2023
$246k
2024
In today's dollarsEst.
Down 4% in real terms$271k to $261k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 1% from 2023 to 2024, while revenue fell 8%.

$248k in 2023 to $246k in 2024.
  • Board Vice President pay rose 5% from 2023 to 2024.
  • Highest Compensated Employee pay rose 1% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Precept

What does the Chief Executive Officer of Precept earn?

In 2024, the Chief Executive Officer of Precept received $245,854 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Religion-Related organizations in Tennessee: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Precept compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in Tennessee, the 2024 pay of the Chief Executive Officer at Precept falls in the top 10%. In 2024, the highest total compensation at Precept equaled 2% of the organization's total expenses. The median for religion-related organizations is 18%.

What are Precept's revenue and expenses?

In 2024, Precept reported $11M in total revenue and $13.7M in total expenses on its IRS Form 990.

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