Precept Ministries International/ Jack and Kay Arthur

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 7/30/2021. To update the information in this column, please email:


Scripture guides you toward God. Precept guides you through Scripture.

Life-changing intimacy with God is the heart of Precept. Since 1970, the ministry has equipped small group Bible Study Leaders to disciple others to discover the truth of God's Word for themselves, but not by themselves.

Contact information

Mailing address:
PO Box 182218
Chattanooga, TN 37422-7218


Phone: (423) 892-6814


Organization details

EIN: 620841438

CEO/President: Mr. David Arthur

Chairman: Mr. Steve Strand

Board size: 10

Founder: Jack and Kay Arthur

Year founded: 1970

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1984


To help people across the globe know God by knowing His Word, Precept recruits, equips, and resources Bible Study Leaders and study groups who take Scripture to their communities.

Mission statement

To engage people in relationship with God through knowing His Word.

Statement of faith

The Scriptures: We believe (a) in the plenary verbal inspiration of the Word of God, and (b) that both the Old and New Testaments are inerrant in the original writings and are the supreme and final authority for faith and life.

The Godhead: We believe the Godhead exists in three Persons: Father, Son, and Holy Spirit. These three Persons are one God having precisely the same nature, attributes, and perfections.

The Lord Jesus Christ: We believe in (a) His eternal existence as God, (b) His Incarnation and Virgin Birth, (c) His death on the cross as the substitutionary atonement for sin, (d) His literal, bodily resurrection from the dead, (e) His present ministry of intercession in heaven, and (f) His personal, future return to earth.

The Holy Spirit: We believe that the Holy Spirit, the third Person of the Godhead, convicts men of sin, regenerates, baptizes, indwells, seals, and sets apart believers unto a holy life; that He keeps and empowers believers day by day; that He is the Teacher of the Word of God and the Guide for daily living.

Man: We believe that (a) man was created innocent and pure, and (b) Adam fell through the sin of disobedience. Therefore, (c) all men are corrupted in body, soul, and spirit; and (d) all men need redemption.

Salvation: We believe that (a) salvation is by grace, a free gift of God apart from works, (b) salvation involves repentance, a change of mind in respect to God and thus turning from one's own way to God's way, (c) salvation is through personal faith in the Lord Jesus Christ, (d) all who receive Jesus Christ are regenerated by the Holy Spirit and become the children of God,

and (e) true salvation will be manifested by a changed life.

The Future: We believe (a) in the personal, visible, bodily return of Jesus Christ to earth, (b) in the bodily resurrection of the just to the eternal abode in the glory of God's presence, and (c) in the bodily resurrection of the unjust to judgment and everlasting punishment in the lake of fire.

Transparency grade


To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating676 of 94034 of 51
Fund acquisition rating619 of 94232 of 51
Resource allocation rating814 of 94242 of 51
Asset utilization rating301 of 94016 of 51

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Balance sheet
Receivables, inventories, prepaids$225,257$234,947$265,094$209,225$187,563
Short-term investments$332,723$313,953$285,654$311,978$257,863
Other current assets$199,945$89,861$99,696$75,340$159,002
Total current assets$6,243,953$5,908,589$6,957,513$7,072,915$6,623,529
Long-term investments$0$0$0$0$0
Fixed assets$1,857,110$2,019,960$1,996,367$1,805,086$2,012,950
Other long-term assets$0$0$0$0$63,549
Total long-term assets$1,857,110$2,019,960$1,996,367$1,805,086$2,076,499
Total assets$8,101,063$7,928,549$8,953,880$8,878,001$8,700,028
Payables and accrued expenses$261,103$479,533$277,272$304,648$349,436
Other current liabilities$45,526$54,572$42,739$46,476$89,054
Total current liabilities$306,629$534,105$320,011$351,124$438,490
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,165,000$0$0$0$0
Total long-term liabilities$1,165,000$0$0$0$0
Total liabilities$1,471,629$534,105$320,011$351,124$438,490
Net assets20202019201820172016
Without donor restrictions$6,629,434$7,394,444$8,587,369$8,510,534$8,116,318
With donor restrictions$0$0$46,500$16,343$145,220
Net assets$6,629,434$7,394,444$8,633,869$8,526,877$8,261,538
Revenues and expenses
Total contributions$8,241,196$7,551,716$8,199,942$7,844,404$7,410,242
Program service revenue$2,812,806$3,722,262$3,649,223$3,700,790$3,862,965
Membership dues$0$0$0$0$0
Investment income$18,633$36,097$35,215$39,486$36,878
Other revenue$178,456$403,800$423,069$411,299$404,705
Total other revenue$3,009,895$4,162,159$4,107,507$4,151,575$4,304,548
Total revenue$11,251,091$11,713,875$12,307,449$11,995,979$11,714,790
Program services$8,619,648$9,295,336$8,805,014$8,322,443$9,753,226
Management and general$2,547,621$2,786,144$1,953,116$1,865,502$2,123,530
Total expenses$12,016,101$12,953,300$12,200,457$11,730,640$13,634,735
Change in net assets20202019201820172016
Surplus (deficit)($765,010)($1,239,425)$106,992$265,339($1,919,945)
Other changes in net assets$0$0$0$0$0
Total change in net assets($765,010)($1,239,425)$106,992$265,339($1,919,945)


Ken BowersExecutive Director$211,147
David ArthurChief Executive Officer$210,471
Pete DelacyVP Content Corporate Sec.$164,785
Elaine WatkinsChief Relationship Officer$158,246
Kay ArthurBoard Member$146,651
Jeremy LucarelliVP Us Leader Development$130,179
Debbie PoeVP People Services$127,202
Cindi FinnChief Financial Officer$126,038
Costel OgliceVP International Ministry$110,488
Stan LathamVP Development$105,576
Mia OgliceVP International Ministry$98,616

Compensation data as of: 12/31/2020

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/30/2021. To update the information below, please email:


After building a local Bible study ministry from their home, Kay and Jack Arthur officially started Reach Out Ranch-which became Precept-in 1970. Since then, millions of people around the world have engaged with God through Precept resources, study groups, trainings, broadcasts, and videos.

Program accomplishments

Today, Precept has empowered people in nearly 190 countries and over 90 languages with Bible-centered resources and training. Over the past 50 years, Kay Arthur has received many awards for her teaching and outreach, including the National Religious Broadcasters Hall of Fame Award and an Honorary Doctorate of Humane Letters from Tennessee Temple University.


Around the world, the demands for Bible study resources, training, and leaders continues to grow. Precept relies on the prayers and financial support of their ministry partners to fulfill the calling God has given them: To see every believer in Christ living out His Word, every day.