Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $10,492,047

• 1f · All other contributions, gifts and grants

  $1,213,170

• 2a · Program service revenue: MANAGEMENT FEE INCOME

  total $2,791,448 · related or exempt $2,791,448

• 2b · Program service revenue: BROADCASTING INCOME

  total $2,350,945 · related or exempt $2,350,945

• 2c · Program service revenue: MISSIONS AND HELPING HAND

  total $53,662 · related or exempt $53,662

• 3 · Investment income

  total $370,006 · excluded $370,006

• 7a · Gross sales of assets other than inventory

  securities $225,123

• 7b · Less cost or other basis and sales expenses

  securities $0

• 7c · Gain or loss

  securities $225,123

• 7d · Net gain or loss

  total $225,123 · excluded $225,123

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $737,676 · management and general $737,676

• 7 · Other salaries and wages

  total $2,433,677 · program services $919,692 · management and general $1,450,558 · fundraising $63,427

• 9 · Other employee benefits

  total $806,899 · program services $242,070 · management and general $548,691 · fundraising $16,138

• 10 · Payroll taxes

  total $239,423 · program services $71,827 · management and general $162,808 · fundraising $4,788

• 11a · Fees: management

  total $196 · management and general $196

• 12 · Advertising and promotion

  total $163,555 · program services $163,555

• 13 · Office expenses

  total $45,405 · program services $4,540 · management and general $40,865

• 14 · Information technology

  total $461,587 · program services $46,159 · management and general $415,428

• 17 · Travel

  total $432,407 · program services $289,713 · management and general $142,694

• 20 · Interest

  total $3,696 · program services $3,696

• 22 · Depreciation, depletion and amortization

  total $139,643 · program services $125,679 · management and general $13,964

• 23 · Insurance

  total $77,676 · program services $62,141 · management and general $15,535

• 24a · Other expenses: DONATIONS, RELATED ENTI

  total $2,605,351 · program services $2,605,351

• 24b · Other expenses: OUTSIDE SERVICES

  total $2,004,875 · program services $2,004,875

• 24c · Other expenses: PROFESSIONAL FEES

  total $785,820 · program services $314,328 · management and general $471,492

• 24d · Other expenses: HONORARIUMS

  total $450,000 · management and general $450,000

• 24e · All other expenses

  total $2,109,564 · program services $1,804,511 · management and general $82,029 · fundraising $223,024

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year -$31,800 · end of year $96,006

• 2 · Savings and temporary cash investments

  beginning of year $52,920 · end of year $252,987

• 4 · Accounts receivable

  beginning of year $279,066 · end of year $2,942,675

• 9 · Prepaid expenses and deferred charges

  beginning of year $592,595 · end of year $248,398

• 10a · Land, buildings and equipment: cost or other basis

  $6,289,952

• 10b · Land, buildings and equipment: accumulated depreciation

  $5,274,129

• 10c · Land, buildings and equipment, net

  beginning of year $316,901 · end of year $1,015,823

• 11 · Investments: publicly traded securities

  beginning of year $10,443,210 · end of year $11,434,083

• 12 · Investments: other securities

  beginning of year $100,006 · end of year $0

• 15 · Other assets

  beginning of year $772,481 · end of year $419,453

• 17 · Accounts payable and accrued expenses

  beginning of year $898,822 · end of year $754,407

• 24 · Unsecured notes and loans payable

  beginning of year $916,433 · end of year $0

• 25 · Other liabilities

  beginning of year $750,000 · end of year $1,168,306

• 27 · Net assets without donor restrictions

  beginning of year $9,844,004 · end of year $14,392,335

• 28 · Net assets with donor restrictions

  beginning of year $116,120 · end of year $94,377

The filer's explanations (Part III)

FORM 990, PART VII, SECTION A, LINE 1:

SHANE CHANEY - RECEIVED SEVERANCE PAY OF $195,302 MICHAEL DALY - RECEIVED SEVERANCE PAY OF $150,635 JULIE NOLAN - RECEIVED SEVERANCE PAY OF $126,900