The R H Boyd Company

Nashville, TN
Tax-exempt since Sept. 1999
EIN: 62-1784244

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Religion-Related, Spiritual Development / Religious Printing, Publishing (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$2.62M (2023)

Expenses

$4.51M (2023)

Total Assets

$11.4M (2023)

Total Liabilities

$1.13M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$2,623,972

Expenses

$4,514,373

Net Income

-$1,890,401

Net Assets

$10,267,227

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$158,493	6.0%
Program Services	$0
Investment Income	$161,170	6.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$376,766	14.4%
Net Fundraising	$0
Sales of Assets	-$6,440
Net Inventory Sales	$1,933,695	73.7%
Other Revenue	$288	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$284,748	6.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$620,053	13.7%

Assets/Debt
Total Assets	$11,400,137
Total Liabilities	$1,132,910
Net Assets	$10,267,227

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$180,748	$0	$0
Mrs Yvette Boyd (Director)	$88,000	$0	$0
Dr T L Brown (Director)	$4,000	$0	$0
Dr Matthew Alix (Director)	$4,000	$0	$0
Veronica Marable Johnson (Director)	$4,000	$0	$0
Dr Ladonna Boyd (President/Ceo)	$4,000	$413,272	$0

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990

Filed on Nov. 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$2,444,381

Expenses

$4,108,843

Net Income

-$1,664,462

Net Assets

$11,966,747

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$119,986	4.9%
Program Services	$0
Investment Income	$92,985	3.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$365,096	14.9%
Net Fundraising	$0
Sales of Assets	-$9,937
Net Inventory Sales	$1,875,404	76.7%
Other Revenue	$847	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$285,748	7.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$563,653	13.7%

Assets/Debt
Total Assets	$12,941,535
Total Liabilities	$974,788
Net Assets	$11,966,747

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$180,748	$0	$0
Mrs Yvette Boyd (Director)	$88,500	$0	$0
Dr Ladonna Boyd (President/Ceo)	$4,500	$328,628	$0
Dr T L Brown (Director)	$4,000	$0	$0
Dr Matthew Alix (Director)	$4,000	$0	$0
Veronica Marable Johnson (Director)	$4,000	$0	$0

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990

Filed on Nov. 16, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$1,644,843

Expenses

$3,320,582

Net Income

-$1,675,739

Net Assets

$13,345,449

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$154,631	9.4%
Program Services	$0
Investment Income	$119,969	7.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$303,018	18.4%
Net Fundraising	$0
Sales of Assets	$2,256	0.1%
Net Inventory Sales	$1,064,969	64.7%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$275,710	8.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$379,592	11.4%

Assets/Debt
Total Assets	$13,997,405
Total Liabilities	$651,956
Net Assets	$13,345,449

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$170,210	$0	$0
Mrs Yvette Boyd (Director)	$88,500	$0	$0
Dr Matthew Alix (Director)	$4,500	$0	$0
Dr Ladonna Boyd (President/Ceo)	$4,500	$320,866	$0
Dr Tb Boyd Iii (Chairman Emeritus)	$4,000	$0	$0
Dr T L Brown (Director)	$4,000	$0	$0

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990

Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Revenue

$3,390,866

Expenses

$2,827,655

Net Income

$563,211

Net Assets

$14,856,202

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$10,507	0.3%
Program Services	$0
Investment Income	$110,918	3.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$270,076	8.0%
Net Fundraising	$0
Sales of Assets	$740	0.0%
Net Inventory Sales	$2,998,625	88.4%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$269,339	9.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$122,397	4.3%

Assets/Debt
Total Assets	$15,345,954
Total Liabilities	$489,752
Net Assets	$14,856,202

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$163,839	$0	$0
Mrs Yvette Boyd (Director)	$88,500	$0	$0
Dr Matthew Alix (Director)	$4,500	$1,000	$0
Ladonna Boyd (President/Ceo)	$4,500	$313,080	$0
Dr Tb Boyd Iii (Chairman Emeritus)	$4,000	$255,756	$0
Dr T L Brown (Director)	$4,000	$0	$0
Bobby L Kovett (Director)	$0	$0	$0
Dr A Charles Bowie (Director)	$0	$0	$0

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990

Filed on June 21, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Revenue

$3,847,679

Expenses

$4,068,343

Net Income

-$220,664

Net Assets

$20,811,874

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$10,127	0.3%
Program Services	$0
Investment Income	$121,310	3.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$349,754	9.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$3,366,488	87.5%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$181,874	4.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$947,434	23.3%

Assets/Debt
Total Assets	$21,262,659
Total Liabilities	$450,785
Net Assets	$20,811,874

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$160,874	$0	$0
Dr Matthew Alix (Director)	$4,500	$0	$0
Ladonna Boyd (President/Ceo)	$4,500	$305,865	$0
Dr A Charles Bowie (Director)	$4,000	$0	$0
Dr Tb Boyd Iii (President Emeritus)	$4,000	$307,891	$0
Tommy Brown (Director)	$4,000	$0	$0
Bobby L Lovett (Director)	$0	$0	$0

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990

Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$3,101,609

Expenses

$3,788,754

Net Income

-$687,145

Net Assets

$21,008,330

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$16,016	0.5%
Program Services	$0
Investment Income	$105,087	3.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$347,595	11.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$2,632,911	84.9%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$192,810	5.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$960,275	25.3%

Assets/Debt
Total Assets	$21,407,477
Total Liabilities	$399,147
Net Assets	$21,008,330

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$157,384	$0	$9,926
Bobby L Lovett (Director)	$4,500	$0	$0
Dr Matthew Alix (Director)	$4,500	$0	$0
Ladonna Boyd (President/Ceo)	$4,500	$292,000	$7,341
Dr A Charles Bowie (Director)	$4,000	$0	$0
Dr Tb Boyd Iii (President Emeritus)	$4,000	$615,129	$0
Tommy Brown (Director)	$4,000	$0	$0

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990

Filed on Nov. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$3,362,653

Expenses

$3,571,495

Net Income

-$208,842

Net Assets

$21,673,751

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$6,548	0.2%
Program Services	$0
Investment Income	$85,077	2.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$289,505	8.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$2,981,523	88.7%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$268,480	7.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$812,462	22.7%

Assets/Debt
Total Assets	$22,029,010
Total Liabilities	$355,259
Net Assets	$21,673,751

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$166,079	$0	$9,401
Dr Tb Boyd Iii (President Emeritus)	$67,000	$606,662	$0
Bobby L Lovett (Director)	$5,500	$0	$0
Dr A Charles Bowie (Director)	$5,500	$0	$0
Dr Matthew Alix (Director)	$5,500	$0	$0
Tommy Brown (Director)	$5,000	$0	$0
Ladonna Boyd (President/Ceo)	$4,500	$162,319	$5,614

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990

Filed on Nov. 16, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$3,438,246

Expenses

$3,951,577

Net Income

-$513,331

Net Assets

$21,859,382

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,034	0.1%
Program Services	$0
Investment Income	$100,081	2.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$299,237	8.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$3,034,894	88.3%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$222,238	5.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$866,257	21.9%

Assets/Debt
Total Assets	$22,259,047
Total Liabilities	$399,665
Net Assets	$21,859,382

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$158,600	$0	$13,144
Dr Tb Boyd Iii (President)	$22,749	$650,667	$99,047
Tommy Brown (Director)	$9,246	$0	$0
Bobby L Lovett (Director)	$7,000	$0	$0
Dr A Charles Bowie (Director)	$6,000	$0	$0
Dr Matthew Alix (Director)	$5,500	$0	$0
La Donna Boyd (Coo)	$0	$154,224	$5,815

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990

Filed on Nov. 3, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$5,074,352

Expenses

$3,688,132

Net Income

$1,386,220

Net Assets

$22,897,457

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,136	0.1%
Program Services	$0
Investment Income	$90,246	1.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$294,498	5.8%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$4,685,472	92.3%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$199,625	5.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$984,349	26.7%

Assets/Debt
Total Assets	$26,157,434
Total Liabilities	$3,259,977
Net Assets	$22,897,457

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$153,789	$0	$0
Dr Tb Boyd Iii (President)	$19,586	$596,700	$145,892
La Donna Boyd (Coo)	$8,750	$154,224	$1,876
Dr Matthew Alix (Director)	$5,500	$0	$0
Bobby L Lovett (Director)	$4,000	$0	$0
Dr A Charles Bowie (Director)	$4,000	$0	$0
Tommy Brown (Director)	$4,000	$0	$0

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990

Filed on Nov. 3, 2017

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Fiscal Year Ending Dec.
2014

Revenue

$4,695,455

Expenses

$3,870,512

Net Income

$824,943

Net Assets

$21,486,856

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$56,996	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$281,744	6.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$4,356,715	92.8%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$188,997	4.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$988,338	25.5%

Assets/Debt
Total Assets	$21,808,869
Total Liabilities	$322,013
Net Assets	$21,486,856

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$153,202	$0	$11,732
Dr Tb Boyd Iii (President)	$23,795	$595,833	$217,932
Bobby L Lovett (Director)	$4,000	$0	$0
Dr A Charles Bowie (Director)	$4,000	$0	$0
Dr Matthew Alix (Director)	$4,000	$0	$0

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990

Filed on Nov. 11, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$4,119,813

Expenses

$4,637,062

Net Income

-$517,249

Net Assets

$20,656,439

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$42,417	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$262,099	6.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$3,815,297	92.6%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$169,409	3.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,001,312	21.6%

Assets/Debt
Total Assets	$23,229,137
Total Liabilities	$2,572,698
Net Assets	$20,656,439

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Groves (Director)	$149,409	$0	$6,892
Bobby L Lovett (Director)	$5,000	$0	$0
Dr A Charles Bowie (Director)	$5,000	$0	$0
Dr Matthew Alix (Director)	$5,000	$0	$0
Dr Tb Boyd Iii (President)	$5,000	$574,409	$321,016

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990

Filed on Nov. 14, 2014

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Fiscal Year Ending Dec.
2012

Revenue

$4,653,343

Expenses

$4,962,766

Net Income

-$309,423

Net Assets

$21,118,519

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$57,338	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$241,898	5.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$4,354,107	93.6%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$160,508	3.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,586,051	32.0%

Assets/Debt
Total Assets	$21,343,043
Total Liabilities	$224,524
Net Assets	$21,118,519

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$6,459,239

Expenses

$5,832,470

Net Income

$626,769

Net Assets

$21,358,189

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$86,656	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$384,131	5.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$5,988,452	92.7%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$135,100	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,990,648	34.1%

Assets/Debt
Total Assets	$21,578,853
Total Liabilities	$220,664
Net Assets	$21,358,189

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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Updated December 20, 2024

The R H Boyd Company

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $2.62M (2023)

Expenses $4.51M (2023)

Total Assets $11.4M (2023)

Total Liabilities $1.13M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

Revenue

$2.62M (2023)

Expenses

$4.51M (2023)

Total Assets

$11.4M (2023)

Total Liabilities

$1.13M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001