New leaders face facility flood and ongoing losses
David C. Cook, a Christian publisher founded in 1875, began 2023 with a destructive building flood in January and recently announced a new COO amid continuing leadership changes, income struggles, and declining assets.
Its core businesses of books, music, and curriculum have undergone massive shifts – but massive spending hasn’t helped the situation
According to the organization’s Form 990s, during the 5-year period from 2013-2018, David C. Cook has lost more than $20-million.