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Nonprofiteer
← TREASURE COAST EDUCATIONAL MEDIA INC

Form 990 for tax year 2022

Filed by TREASURE COAST EDUCATIONAL MEDIA INC.

Totals

Total revenue
$798,217
Total expenses
$817,457
Contributions and grants received
$798,217
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$11,344
Total liabilities, end of year
$13,580
Net assets or fund balances, end of year
-$2,236
Program services expenses (Part IX)
$619,537
Management and general expenses
$194,891
Fundraising expenses
$3,029
Program service expenses (Part III)
$619,537

Program services were 75.8% 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

    $798,217

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $193,394 · program services $130,194 · management and general $63,200

  • 7 · Other salaries and wages

    total $254,000 · program services $175,513 · management and general $78,487

  • 10 · Payroll taxes

    total $36,400 · program services $25,561 · management and general $10,839

  • 11b · Fees: legal

    total $650 · management and general $650

  • 11g · Fees: other

    total $19,000 · program services $19,000

  • 12 · Advertising and promotion

    total $11,067 · program services $11,067

  • 13 · Office expenses

    total $7,015 · program services $4,573 · fundraising $2,442

  • 17 · Travel

    total $2,179 · program services $2,179

  • 19 · Conferences, conventions and meetings

    total $3,000 · program services $3,000

  • 22 · Depreciation, depletion and amortization

    total $1,619 · management and general $1,619

  • 23 · Insurance

    total $3,826 · program services $3,826

  • 24a · Other expenses: PRINTING AND REPRODUCTION

    total $3,500 · program services $2,913 · fundraising $587

  • 24b · Other expenses: BANK SERVICE CHARGE

    total $248 · program services $248

  • 24c · Other expenses: IN OFFICE MEALS

    total $2,323 · program services $2,323

  • 24d · Other expenses: SOFTWARE SUBSCRIPTIONS

    total $9,927 · program services $9,927

  • 24e · All other expenses

    total $269,309 · program services $229,213 · management and general $40,096

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,315 · end of year $7,655

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

    $93,000

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

    $89,311

  • 10c · Land, buildings and equipment, net

    beginning of year $3,689 · end of year $3,689

  • 17 · Accounts payable and accrued expenses

    end of year $13,580

  • 27 · Net assets without donor restrictions

    beginning of year $17,004 · end of year -$2,236

Mission and programs · 2022

Mission

CHRISTIAN CONTEMPORARY MEDIA

  • THE GOAL OF THE ORGANIZATION IS TO ENCOURAGE AND IMPACT LIVES WITH THE GOSPEL OF JESUS CHRIST THROUGH BROADCASTING, STREAMING INTERNET AUDIO, OPERATION OF RADIO BROADCASTING STATIONS AND CREATING EXPERIENCES THAT INSPIRE PEOPLE TO LIVE LIFE PASSIONATELY, AND TO KNOW JESUS CHRIST AS THE SOURCE OF THAT LIFE. THE PRIMARY FOCUS OF BROADCASTING AND STREAMING IS CONTEMPORARY CHRISTIAN MUSIC. THE BROADCAST ALSO PROVIDES LOCAL NEWS, WEATHER, EMERGENCY INFORMATION, LOCAL HIGH SCHOOL SPORTS, AND SELECTED EDUCATIONAL PROGRAMS, PARTICULARLY BIBLE TEACHING.

    Expenses $619,537

As filed on the 2022 return.

Listed in Part VII

  • Jack T Hamilton

    PRESIDENT

    Total calculated
    $97,215
    From this org
    $97,215
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Joseph J Pellegrino

    UNDERWRITING MANAGER

    Total calculated
    $96,179
    From this org
    $96,179
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

  • Larry S Boan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Warren C Mays

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Stephen P Tipton

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Joel A Molinari

    SECRETARY TREASURER

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
10 April 2023
IRS schema version
2022v5.0
Source object
202341459349301514

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