David C. Cook

Summary

We believe the church is God's plan to redeem the earth. Trusted in 100 countries, David C Cook has been empowering the church since 1875. With partnerships in some of the most difficult-to-reach places on earth, we are translating and contextualizing biblical resources so that God's word can enter minds and hearts. When you purchase music, books, curriculum, Bible studies, or any other David C Cook product, you help us spread the Gospel overseas.


Contact information

Mailing address:
4050 Lee Vance Drive
Colorado Springs, CO 80918

Website: https://davidccook.org/

Phone: (719) 536-0100

Email:


Organization details

EIN: 366008100

CEO/President: Cris Doornbos

Chairman: Dr. David Metcalf

Board size: 10

Founder: David C. Cook

Year founded: 1946

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: Yes

Member of ECFA since: 1998


Purpose

Equipping the church with impactful resources for making and teaching disciples.


Mission statement

David C Cook is a nonprofit organization dedicated to publishing and distributing leadership and discipleship resources to help Christians all over the world grow in their faith and pass it on to the next generation. We call this "DiscipleShaping". We were established in 1875 by David Caleb Cook in Chicago, IL. Since that time, we have published numerous bestselling books from The Picture Bible to Crazy Love by Francis Chan, developed over ten lines of Sunday school curriculum, and published many of today's most popular praise and worship songs through our music division, Integrity Music. As a ministry, we do more than just publish and distribute Christian resources. We partner with indigenous organizations to equip Pastors, Lay Leaders, and Sunday School Teachers with our materials in places like India, China, and Cuba. In some places (underdeveloped countries), we make them available at no charge. In others, (developing countries), we subsidize the cost to make them more affordable.


Statement of faith

God We believe there is one God, the Creator of all things, infinitely holy and eternally existent in three persons: Father, Son, and Holy Spirit. Jesus Christ We believe in the deity of Jesus Christ, and He is co-equal with God the Father. We believe in His virgin birth, sinless life, words, works, death, resurrection, ascension, and the promise of His return. As our Savior and our Lord, Jesus Christ is "the way, the truth, and the life." He came into the world to provide salvation through faith in Him as Savior and Lord and to restore men and women to fellowship with God. The Holy Spirit We believe the Holy Spirit is co-equal with God the Father. The Holy Spirit indwells and empowers the believer to lead a godly life. The Bible We believe the Bible, both Old and New Testaments, is the divinely inspired, infallible, and only authoritative Word of God-supreme and final in its authority in matters of faith and practice. Redemption We believe people become children of God upon true repentance-turning away from sin and to Christ as Savior, receiving God's forgiveness for sin through Christ's atoning death by crucifixion. The Church We believe the Church is Christ's body, composed of all people who accept Christ in faith and commit their lives to His Lordship. The Church, spiritually conceived, is a living organism which expresses itself through dedicated followers of Jesus Christ, under the guidance of the Holy Spirit. The Local Church We believe the local church is where people gather to worship God in spirit and truth, share the good news of Jesus Christ, relate with others, and prepare disciples to fulfill their God-given purposes. The Christian Life We believe the Christian life is set apart by trust in Christ, the pursuit of righteousness, and fellowship with Him. We are called to submit daily to Christ, to study His Word, and to repent when we fall short. The two great commandments summarize the Christian life: to love God with all our hearts, souls, strength, and minds; and to love our neighbors as ourselves. Eternal Life We believe when one accepts Jesus Christ as Lord and Savior, eternal life begins. Those who reject Christ as Savior and Lord are separated from Christ in eternal punishment.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Publishing

CategoryRatingOverall rankSector rank
Overall efficiency rating283 of 5354 of 10
Fund acquisition rating332 of 5354 of 10
Resource allocation rating104 of 5351 of 10
Asset utilization rating427 of 5357 of 10

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%101%106%46%98%46%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%3%3%3%3%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%3%3%6%3%4%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%2%3%2%3%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%97%97%94%97%96%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%87%86%85%84%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%117%107%116%118%114%
Program output ratio Program output ratio =
Program services /
Total revenue
80%103%91%98%100%98%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%-17%-7%-16%-18%-14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-7%-3%-6%-6%-5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%10%11%13%13%12%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.170.360.310.260.250.25
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.572.152.252.092.001.80
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.230.780.700.550.500.44
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.324.814.545.726.328.86
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.210.220.170.160.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.6112.1713.3218.1620.0624.07
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%28%30%40%35%35%
Debt ratio Debt ratio =
Debt /
Total assets
0%13%16%28%24%26%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
71%199%224%229%257%265%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$1,123,306$4,814,327$4,001,955$4,931,706$5,906,929
Receivables, inventories, prepaids$15,320,630$15,108,068$19,549,953$18,343,754$28,238,218
Short-term investments$29,204,465$27,405,557$36,103,395$38,862,771$37,816,355
Other current assets$0$0$0$0$0
Total current assets$45,648,401$47,327,952$59,655,303$62,138,231$71,961,502
Long-term investments$19,106,076$19,039,401$19,274,161$20,224,382$12,678,697
Fixed assets$11,514,505$11,140,786$11,296,708$10,828,806$10,774,035
Other long-term assets$21,861,099$28,886,941$34,269,625$31,113,803$34,347,327
Total long-term assets$52,481,680$59,067,128$64,840,494$62,166,991$57,800,059
Total assets$98,130,081$106,395,080$124,495,797$124,305,222$129,761,561
 
Liabilities20182017201620152014
Payables and accrued expenses$9,335,672$10,053,305$10,387,554$9,595,429$7,829,011
Other current liabilities$162,126$379,833$50,000$228,894$293,517
Total current liabilities$9,497,798$10,433,138$10,437,554$9,824,323$8,122,528
Debt$13,139,284$17,539,284$34,985,713$29,707,142$33,528,571
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$4,667,676$3,801,643$4,599,550$4,293,453$3,888,685
Total long-term liabilities$17,806,960$21,340,927$39,585,263$34,000,595$37,417,256
Total liabilities$27,304,758$31,774,065$50,022,817$43,824,918$45,539,784
 
Net assets20182017201620152014
Unrestricted$66,740,356$70,168,839$70,259,027$76,280,916$80,070,156
Temporarily restricted$1,207,047$1,574,256$1,336,033$1,321,468$1,273,701
Permanently restricted$2,877,920$2,877,920$2,877,920$2,877,920$2,877,920
Net assets$70,825,323$74,621,015$74,472,980$80,480,304$84,221,777
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$796,798$921,905$1,741,685$828,212$1,240,084
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$2,306,900$2,929,454$1,251,219$1,468,664$1,092,134
Other revenue$27,270,004$27,314,059$25,107,423$24,178,740$25,678,356
Total other revenue$29,576,904$30,243,513$26,358,642$25,647,404$26,770,490
Total revenue$30,373,702$31,165,418$28,100,327$26,475,616$28,010,574
 
Expenses20182017201620152014
Program services$31,134,906$28,485,004$27,492,228$26,425,863$27,555,164
Management and general$3,704,663$3,774,436$4,221,229$4,053,337$3,696,122
Fundraising$805,086$980,142$805,732$814,911$576,309
Total expenses$35,644,655$33,239,582$32,519,189$31,294,111$31,827,595
 
Change in net assets20182017201620152014
Surplus (deficit)($5,270,953)($2,074,164)($4,418,862)($4,818,495)($3,817,021)
Other changes in net assets$0$0$0$0$0
Total change in net assets($5,270,953)($2,074,164)($4,418,862)($4,818,495)($3,817,021)

Response from ministry

No response has been provided by this ministry.


History

We were established in 1875 by David Caleb Cook in Chicago, IL. David C Cook is a leading nonprofit discipleship resource provider based in Colorado Springs, Colorado. For more than 140 years, David C Cook has served the Global Church with life transforming materials from best-selling books and curriculum, to toys and games and small group resources. With additional offices in Elgin, Illinois and Eastbourne, UK, David C Cook is a global organization whose resources are published in more than 150 languages, distributed in more than 170 countries, and sold worldwide through retail stores, catalogs, and online. Through David C Cook's music division, Integrity Music, over 30% of the top 500 praise and worship songs are written by Integrity artists and sung in churches around the world.


Program accomplishments


Needs