Ligonier Finances, Part 1
I gathered the information from the form 990 available from the Economic Research Institute.
By clicking on the image below, you will find a salary comparison from 1999 to 2004. Please note that the 2005 financial information is still not available. I included expense accounts as calculated per Charity Navigators.
Notes
Tim Dick’s average yearly increase in salary was roughly 45% and in 4 years he nearly tripled (2.97) his salary.
John Duncan - $179,478 for salary
Note, Tim Dick is RC Sproul Sr’s son-in-law, Vesta Sproul is RC’s wife and RC Sproul Jr is his son. Also note that Ryan Dick, Tim Dick’s son, also works for Ligonier.
Potentially more to come.
**Only comments dealing specifically with the content of this post will be considered. This post has nothing to do with Frank Vance, Don Kistler or the Ligonier lawsuit against Mr. Vance. If someone has information they would like to share, like anything to do with 5481 Wayside Drive for instance, please use the link to contact me on the right.**
September 26th, 2006 at 9:12 pm
Brandon, if you look at the date of the filing of Ligonier’s 2004 tax return, you will probably figure out why 2005’s tax return is not posted yet! Tim Dick filed the 2004 return on November 8, 2005. If he files in the same timely fashion this year, the IRS won’t even have received last year’s tax return from Tim Dick yet.
September 27th, 2006 at 8:24 am
Jen, excellent point. I did not look for the date, but I did notice that an extension was filed for the 2004 tax returns. We just might have to wait until November 2006 to see if any trends continued. I jokingly tell my wife that I am in the wrong business, especially seeing the pay for other ministries’ leaders.
September 29th, 2006 at 8:34 pm
It would be interesting to note what their Board rotations are if any. As I understand it, they pretty much got a new board in the last 5 years or so. IT would be interesting to note that change with the salary increases.
Just to compare and contrast: The pastor of my former mega church with 20,000+ members made half of what Tim Dick makes. He oversaw a staff of 450. He also did not get to keep royalties on his books. Those belonged to the church. At least they got that much right!
The salaries are way out of line for a ministry that size and even for a ministry in general. Or for a non profit that size. The CEO of the Metro United Way in my large-size city makes 170,000. A little less than John Duncan, a senior manager at Ligoneir.
October 22nd, 2006 at 5:36 am
Is Ligonier’s recruiting staff? Say, maybe I’ll quit my job as President and join them.
Yours Truly,
The President (of a residential manhole)
December 17th, 2006 at 11:09 am
Tired of the ****,
Thanks for coming by. I will not be approving your comment. If your comment is directed to the gross salaries of the Sproul family at Ligonier, please do tell where I am being prideful?
P.S. How is the weather down in Seminole, Florida?
December 20th, 2006 at 4:45 pm
perhaps you should approve the comments coming from Seminole FL, along with the IP addresses. Maybe those comments are coming from Ligonier, which is in Seminole County.
It makes one wonder if this is the same “tired of the crap” that has started all the blogs trying to discredit the Epsteins??
reposted for spelling
December 21st, 2006 at 8:43 am
Dear a friend,
Thanks for the reminder about Ligonier. I was aware that they are from that area, but it doesn’t match the IP addresses I have been told are from Ligonier. I wanted to let the person I know where they are posting from. It is highly likely that the individual is either Tim Dick or John Duncan, but I can’t be sure.
Vincent,
Yes, we should all start ministries and then ask for donations to further enrich our families…
December 21st, 2006 at 9:24 am
I received this last night:
Friend of Don, I was unaware this document was available but will hopefully have something to share if there is need. Is there anything in particular I should be looking for?
December 21st, 2006 at 10:55 am
It seems a friend of Don also shares the exact same IP address from Seminole, Florida as from the earlier comment.
Fed Up, you are the one who has been duped into the believing the “analysis” about Jen Epstein on that site. Ministry Watchman has easily debunked the claims of that site. So, may I call you Tim Dick or John Duncan?
December 21st, 2006 at 1:47 pm
The audit is meaningless. Enron got good audits.
Where is the 990?
February 14th, 2007 at 5:50 pm
[...] calculations, I did not include contributions to employee benefit plans, to keep it inline with my previous calculations. Name 2005 pay 2004 pay % increase-() means a decrease Timothy Dick $236,821.00 $230,098.00 2.92 [...]