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Nonprofiteer
← EDUCATIONAL MEDIA FOUNDATION

Form 990 for tax year 2022

Filed by EDUCATIONAL MEDIA FOUNDATION.

Totals

Total revenue
$238,353,904
Total expenses
$165,501,654
Contributions and grants received
$231,285,801
Grants paid
$498,853
Program service revenue
$0
Investment income
$3,461,127
Other revenue
$3,606,976
Total assets, end of year
$1,046,247,591
Total liabilities, end of year
$100,991,312
Net assets or fund balances, end of year
$945,256,279
Program services expenses (Part IX)
$129,408,160
Management and general expenses
$24,505,086
Fundraising expenses
$11,588,408
Program service expenses (Part III)
$129,408,160

Program services were 78.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $231,285,801

  • 1g · Noncash contributions included above

    $192,667

  • 3 · Investment income

    total $3,075,215 · excluded $3,075,215

  • 6a · Gross rents

    real property $85,635 · personal property $572,156

  • 6b · Less rental expenses

    real property $45,742 · personal property $423,280

  • 6c · Rental income or loss

    real property $39,893 · personal property $148,876

  • 6d · Net rental income or loss

    total $188,769 · unrelated business $148,876 · excluded $39,893

  • 7a · Gross sales of assets other than inventory

    securities $96,098,697 · other assets $533,283

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

    securities $96,060,506 · other assets $185,562

  • 7c · Gain or loss

    securities $38,191 · other assets $347,721

  • 7d · Net gain or loss

    total $385,912 · excluded $385,912

  • 10a · Gross sales of inventory

    $1,077,481

  • 10b · Cost of goods sold

    $385,419

  • 10c · Net income from sales of inventory

    total $692,062 · related or exempt $692,062

  • 11a · Other revenue: CONCERT TOURS

    total $1,600,854 · related or exempt $1,600,854

  • 11b · Other revenue: AFFILIATION FEES

    total $52,013 · related or exempt $52,013

  • 11d · All other revenue

    total $1,073,278 · related or exempt $793,402 · unrelated business $279,876

  • 11e · Other revenue, total

    $2,726,145

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $498,853 · program services $498,853

  • 5 · Compensation of officers, directors and key employees

    total $3,547,289 · program services $1,723,729 · management and general $1,670,696 · fundraising $152,864

  • 7 · Other salaries and wages

    total $41,815,739 · program services $27,092,781 · management and general $10,711,084 · fundraising $4,011,874

  • 8 · Pension plan contributions

    total $1,475,131 · program services $981,748 · management and general $351,358 · fundraising $142,025

  • 9 · Other employee benefits

    total $11,021,519 · program services $7,210,934 · management and general $2,773,958 · fundraising $1,036,627

  • 10 · Payroll taxes

    total $3,384,465 · program services $2,207,348 · management and general $863,039 · fundraising $314,078

  • 11b · Fees: legal

    total $1,563,571 · management and general $1,563,571

  • 11c · Fees: accounting

    total $198,346 · management and general $198,346

  • 11d · Fees: lobbying

    total $141,661 · management and general $141,661

  • 11e · Fees: professional fundraising services

    total $1,884,570 · fundraising $1,884,570

  • 11f · Fees: investment management

    total $782,341 · program services $782,341

  • 11g · Fees: other

    total $6,325,901 · program services $5,043,509 · management and general $1,240,416 · fundraising $41,976

  • 12 · Advertising and promotion

    total $12,148,266 · program services $9,807,841 · management and general $392,730 · fundraising $1,947,695

  • 13 · Office expenses

    total $5,343,158 · program services $3,151,777 · management and general $1,060,119 · fundraising $1,131,262

  • 14 · Information technology

    total $13,348,614 · program services $13,348,614

  • 15 · Royalties

    total $160,091 · program services $160,091

  • 16 · Occupancy

    total $2,537,193 · program services $1,836,379 · management and general $460,572 · fundraising $240,242

  • 17 · Travel

    total $3,098,673 · program services $2,367,613 · management and general $364,195 · fundraising $366,865

  • 19 · Conferences, conventions and meetings

    total $1,082,554 · management and general $1,082,554

  • 20 · Interest

    total $786,647 · program services $785,496 · management and general $1,151

  • 22 · Depreciation, depletion and amortization

    total $10,512,309 · program services $9,991,426 · management and general $520,883

  • 23 · Insurance

    total $545,837 · program services $409,378 · management and general $136,459

  • 24a · Other expenses: NETWORK OPERATIONS

    total $28,591,642 · program services $28,591,642

  • 24b · Other expenses: ENGINEERING

    total $9,675,643 · program services $8,728,662 · management and general $663,268 · fundraising $283,713

  • 24c · Other expenses: BANKING & CASH PROCESSI

    total $3,251,249 · program services $3,036,216 · management and general $215,033

  • 24d · Other expenses: CONTENT

    total $1,411,791 · program services $1,411,380 · fundraising $411

  • 24e · All other expenses

    total $368,601 · program services $240,402 · management and general $93,993 · fundraising $34,206

  • 26 · Joint costs (an allocation of the lines above)

    total $2,768,724 · program services $1,531,075 · management and general $299,179 · fundraising $938,470

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17,679,774 · end of year $13,645,844

  • 2 · Savings and temporary cash investments

    beginning of year $64,253,470 · end of year $117,471,482

  • 3 · Pledges and grants receivable

    beginning of year $13,948,648 · end of year $13,818,659

  • 4 · Accounts receivable

    beginning of year $1,527,424 · end of year $4,001,171

  • 7 · Other notes and loans receivable

    beginning of year $2,144,156 · end of year $2,075,046

  • 8 · Inventories for sale or use

    beginning of year $2,157,187 · end of year $2,014,851

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,037,150 · end of year $5,113,473

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

    $190,874,977

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

    $104,685,633

  • 10c · Land, buildings and equipment, net

    beginning of year $62,262,905 · end of year $86,189,344

  • 11 · Investments: publicly traded securities

    beginning of year $136,808,120 · end of year $119,191,350

  • 12 · Investments: other securities

    beginning of year $5,444,022 · end of year $5,459,601

  • 14 · Intangible assets

    beginning of year $613,667,792 · end of year $615,730,800

  • 15 · Other assets

    beginning of year $7,333,142 · end of year $61,535,970

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,208,924 · end of year $34,265,354

  • 23 · Secured mortgages and notes payable

    beginning of year $24,545,548 · end of year $14,718,491

  • 25 · Other liabilities

    beginning of year $0 · end of year $52,007,467

  • 27 · Net assets without donor restrictions

    beginning of year $868,681,561 · end of year $910,048,599

  • 28 · Net assets with donor restrictions

    beginning of year $30,827,757 · end of year $35,207,680

Mission and programs · 2022

Mission

TO CREATE, MARKET, DISTRIBUTE, AND SUPPORT COMPELLING EDUCATIONAL CHRISTIAN MEDIA THAT INSPIRES AND ENCOURAGES OUR AUDIENCE TO HAVE A MEANINGFUL RELATIONSHIP WITH JESUS CHRIST, USING MEDIUMS SUCH AS OWNED AND OPERATED NON-COMMERCIAL RELIGIOUS AND EDUCATIONAL RADIO STATIONS,

Activities or mission (Part I)

TO CREATE, MARKET, DISTRIBUTE, AND SUPPORT COMPELLING EDUCATIONAL CHRISTIAN MEDIA THAT INSPIRES

  • EMF OWNS AND/OR MANAGES MULTIPLE MEDIA CHANNELS INCLUDING, BUT NOT LIMITED TO, NON-COMMERCIAL RELIGIOUS AND EDUCATIONAL RADIO BROADCASTING; FILM AND VIDEO PRODUCTION, MARKETING AND DISTRIBUTION; LIVE EVENTS; LITERATURE; STREAMING; PODCASTING AND OTHER DIGITAL MEDIA.

    Expenses $124,126,227 · Revenue $3,138,331

  • THE PASTORAL DEPARTMENT OF EDUCATIONAL MEDIA FOUNDATION PROVIDES SPIRITUAL SUPPORT TO THE ORGANIZATION'S LISTENING AUDIENCE, AND TO LOCAL COMMUNITIES AND CHURCHES BY CONNECTING CALLERS TO MINISTRY RESOURCES IN THEIR AREAS. THE PASTORAL DEPARTMENT OFFERS BIBLICALLY BASED COUNSELING AND PRAYER, PRIMARILY VIA TELEPHONE, FROM TRAINED PASTORS AND PASTORAL CARE TEAM MEMBERS. THE PASTORAL CARE TEAM IS AVAILABLE TO TAKE LIVE LISTENER CALLS THROUGHOUT THE DAY AND PASTORS ARE ON CALL (24-7) SHOULD CRISIS SUPPORT AND INTERVENTION BE NECESSARY. IN ADDITION, LISTENERS ARE ENCOURAGED TO LEAVE THEIR PRAYER REQUESTS ON THE KLOVE.COM AND AIR1.COM WEBSITES OR VIA EMF'S DIGITAL APPS. THE PASTORAL DEPARTMENT AND THE STAFF OF EDUCATIONAL MEDIA FOUNDATION PRAY FOR THESE REQUESTS DAILY.

    Expenses $3,269,922

  • CRISIS RESPONSE EDUCATIONAL TRAINING EQUIPS AND SUPPORTS FIRST AND SECOND RESPONDER NETWORKS PROACTIVELY THROUGH TRAINING AND PREPAREDNESS, AND REACTIVELY DURING DISASTER RECOVERY COMMUNITY RESPONSES THROUGH RESILIENCY INTERVENTIONS. THESE SERVICES ARE OFFERED TO (BUT NOT LIMITED TO) FIRST RESPONDERS (POLICE, FIRE), SECONDARY RESPONDERS (MEDICAL HEALTH PROFESSIONALS), AND COMMUNITY CHAPLAINS. THE CLASSES ARE PROVIDED AT NO CHARGE AND TEACH THE BASICS OF CRITICAL INCIDENT STRESS MANAGEMENT (CISM). THIS PROGRAM WAS DEVELOPED AS AN OUTGROWTH OF OUR PASTORAL MINISTRY AND LOCAL OUTREACH.

    Expenses $760,520

  • EMF PROVIDED GRANTS TO EXEMPT ORGANIZATIONS WHICH EDUCATE, SUPPORT AND PROMOTE CHRISTIAN EVANGELISM, EDIFICATION, AND VALUES.

    Expenses $498,853 · Grants $498,853

  • THE DARE TO DREAM EDUCATIONAL SCHOOL ASSEMBLY PROGRAM ADDRESSES THE ONGOING CHALLENGES FACING THE YOUTH OF TODAY. THE RELIGIOUSLY NEUTRAL AND BIBLICALLY-BASED PRESENTATION EDUCATES KIDS THAT THEIR CHOICES TODAY WILL IMPACT THEIR LIVES TOMORROW. STUDENTS ARE ENCOURAGED TO SURROUND THEMSELVES WITH POSITIVE INFLUENCES, RESIST NEGATIVE PEER PRESSURES AND TO MOVE FORWARD BY STAYING TRUE TO THE DREAMS AND GOALS PLACED ON THEIR HEARTS. THIS EDUCATIONAL SERVICE IS OFFERED AT NO CHARGE TO THE SCHOOL AND SERVES THE COMMUNITY UNDER THE UMBRELLA OF THE AIR1 NETWORK. THIS PROGRAM WAS DEVELOPED AS AN OUTGROWTH OF OUR PASTORAL MINISTRY AND LOCAL OUTREACH.

    Expenses $752,638

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alan Mason

    DIRECTOR, ENDING 05/2022

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Dean Stordahl

    DIRECTOR/CHAIRMAN, ENDING 12/31/22

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Larry Moody

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Mark Voltmann

    DIRECTOR, ENDING 12/31/22

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Walt Golembeski

    DIRECTOR, ENDING 12/31/22

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Mark Brannon

    DIRECTOR/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Emil Kallina

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michael Lewis

    PRESIDENT, ENDING 05/17/23

    Total calculated
    $402,733
    From this org
    $369,070
    From related orgs
    $0
    Other
    $33,663
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $361,731
    Bonus
    $5,000
    Other
    $2,339
    Deferred
    $10,996
    Nontaxable benefits
    $22,667
    Filer's total
    $402,733
  • Jon Reeves

    CEO/DIRECTOR, ENDING 03/21/23

    Total calculated
    $621,251
    From this org
    $569,438
    From related orgs
    $0
    Other
    $51,813
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $471,570
    Bonus
    $77,950
    Other
    $19,918
    Deferred
    $19,462
    Nontaxable benefits
    $32,351
    Filer's total
    $621,251
  • Mitch Barnhart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Donna Ecton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jerry Shirer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Tom Stultz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • David Atkinson

    CHIEF FINANCIAL OFFICER/TR

    Total calculated
    $401,116
    From this org
    $363,980
    From related orgs
    $0
    Other
    $37,136
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $278,019
    Bonus
    $50,000
    Other
    $35,961
    Deferred
    $14,469
    Nontaxable benefits
    $22,667
    Filer's total
    $401,116
  • Joe Miller

    VP SIGNAL DEV/ASSISTANT TR

    Total calculated
    $314,822
    From this org
    $281,030
    From related orgs
    $0
    Other
    $33,792
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $257,797
    Bonus
    $5,500
    Other
    $17,733
    Deferred
    $11,125
    Nontaxable benefits
    $22,667
    Filer's total
    $314,822
  • Shaine Greishaber

    SEC.END.5/25/22,EVP GGR END.12/31/22

    Total calculated
    $362,238
    From this org
    $317,421
    From related orgs
    $0
    Other
    $44,817
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $255,395
    Bonus
    $10,000
    Other
    $52,026
    Deferred
    $12,466
    Nontaxable benefits
    $32,351
    Filer's total
    $362,238
  • Todd Woods

    CHIEF LEGAL OFFICER/SECRETARY

    Total calculated
    $417,045
    From this org
    $378,896
    From related orgs
    $0
    Other
    $38,149
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $268,144
    Bonus
    $105,000
    Other
    $5,752
    Deferred
    $5,798
    Nontaxable benefits
    $32,351
    Filer's total
    $417,045
  • Sam Wallington

    VP OF OPERATIONS & ENGINEE

    Total calculated
    $402,302
    From this org
    $359,773
    From related orgs
    $0
    Other
    $42,529
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $234,750
    Bonus
    $35,000
    Other
    $90,023
    Deferred
    $10,178
    Nontaxable benefits
    $32,351
    Filer's total
    $402,302
  • James Houser

    CHIEF CONTENT OFFICER

    Total calculated
    $315,879
    From this org
    $273,889
    From related orgs
    $0
    Other
    $41,990
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $219,658
    Bonus
    $34,820
    Other
    $19,411
    Deferred
    $9,639
    Nontaxable benefits
    $32,351
    Filer's total
    $315,879
  • Kristina Miller

    CHIEF PEOPLE OFFICER

    Total calculated
    $309,902
    From this org
    $279,396
    From related orgs
    $0
    Other
    $30,506
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $232,241
    Bonus
    $34,677
    Other
    $12,478
    Deferred
    $9,847
    Nontaxable benefits
    $20,659
    Filer's total
    $309,902
  • David Pierce

    CHIEF PARTNERSHIP OFFICER

    Total calculated
    $347,730
    From this org
    $313,013
    From related orgs
    $0
    Other
    $34,717
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $272,290
    Bonus
    $15,000
    Other
    $25,723
    Deferred
    $12,050
    Nontaxable benefits
    $22,667
    Filer's total
    $347,730
  • Janet Cherry

    CHIEF TRANSITION OFFICER

    Total calculated
    $424,071
    From this org
    $378,990
    From related orgs
    $0
    Other
    $45,081
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $297,433
    Bonus
    $62,550
    Other
    $19,007
    Deferred
    $12,730
    Nontaxable benefits
    $32,351
    Filer's total
    $424,071
  • Michael McCall

    CHIEF ENGAGEMENT OFFICER

    Total calculated
    $430,663
    From this org
    $417,820
    From related orgs
    $0
    Other
    $12,843
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $257,807
    Bonus
    $25,000
    Other
    $135,013
    Deferred
    $10,839
    Nontaxable benefits
    $2,004
    Filer's total
    $430,663
  • Christopher Barron

    CHIEF INFORMATION OFFICER

    Total calculated
    $383,845
    From this org
    $339,528
    From related orgs
    $0
    Other
    $44,317
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $274,456
    Bonus
    $40,000
    Other
    $25,072
    Deferred
    $11,966
    Nontaxable benefits
    $32,351
    Filer's total
    $383,845
  • Matthew Rigdon

    SR MGR TRANSITION SAT. TECH.

    Total calculated
    $329,271
    From this org
    $291,416
    From related orgs
    $0
    Other
    $37,855
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $122,019
    Bonus
    $4,047
    Other
    $165,350
    Deferred
    $5,504
    Nontaxable benefits
    $32,351
    Filer's total
    $329,271

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
ON OCCASION, THE WIFE OF THE CEO ACCOMPANIED HIM ON BUSINESS TRIPS TO MEET WITH DONORS. IMMATERIAL SPOT BONUSES AND RELOCATION EXPENSES WERE PAID DURING THE YEAR TO KEY EMPLOYEES ON A GROSSED-UP BASIS.
PART I, LINE 7
ALL OFFICERS AND KEY EMPLOYEES LISTED ON FORM 990, PAGE 7, PART VII, SECTION A, RECEIVED DISCRETIONARY BONUSES AS DETERMINED BY THE ACHIEVEMENT OF GOALS, RESULTS AND CONTRIBUTIONS TO EMF KEY INITIATIVES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • EMF CORPORATION

    501(C)(3) · SUPPORTING ORGANIZATION · DE · controlled entity

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

  • KLOVE & AIR1 FOUNDATION

    501(C)(3) · SUPPORTING ORGANIZATION · DE · controlled entity

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • EMF PROPERTY HOLDINGS LLC

    HOLDING COMPANY FOR NON-CASH DONATIONS (PROPERTY) · CA · assets $254,521

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

  • KLOVE-AIR1 EVENTS LLC

    SPECIAL EVENTS / PROMOTIONS · CA · income $1,891,697 · assets $11,599,011

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

  • CRISIS RESPONSE LLC

    CRISIS RESPONSE TRAINING & COMMUNITY SERVICE · CA · income $290,415 · assets $267,367

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

  • EMF PUBLISHING LLC

    PUBLISHING, DISTRIBUTION & SALE OF FAITH-BASED LITERATURE & RELATED PRODUCTS · DE · income $1,077,481 · assets $2,715,882

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

  • DARE II DREAM LLC

    SCHOOL ASSEMBLY PROGRAM · DE · assets $61,128

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

  • EMF TN PROPERTY HOLDINGS LLC

    HOLDING COMPANY FOR REAL ESTATE - TN · TN · income $485 · assets $41,442,511

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • EL DORADO LICENSES INC

    C · FCC LICENSEE · KS · 100% owned · controlled entity

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

  • SAN JOAQUIN BROADCASTING CO

    C · FCC LICENSEE · CA · 100% owned · controlled entity

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

  • controlled entity

Provenance

Return type
form_990
Tax year
2022
Filed
31 July 2023
IRS schema version
2022v5.0
Source object
202322169349300817

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