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Nonprofiteer
← BEACON BROADCASTING CORPORATION

Form 990 for tax year 2022

Filed by BEACON BROADCASTING CORPORATION.

Totals

Total revenue
$241,803
Total expenses
$162,340
Contributions and grants received
$143,986
Grants paid
$0
Program service revenue
$0
Investment income
$10,797
Other revenue
$87,020
Total assets, end of year
$524,823
Total liabilities, end of year
$2,463
Net assets or fund balances, end of year
$522,360
Program services expenses (Part IX)
$72,416
Management and general expenses
$74,486
Fundraising expenses
$15,438
Program service expenses (Part III)
$72,416

Program services were 44.6% 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

    $143,986

  • 3 · Investment income

    total $10,797 · related or exempt $10,797

  • 11a · Other revenue: TRANSLATOR RENTAL

    total $87,020 · related or exempt $87,020

  • 11e · Other revenue, total

    $87,020

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $65,958 · program services $32,979 · management and general $32,979

  • 10 · Payroll taxes

    total $5,414 · program services $2,707 · management and general $2,707

  • 11b · Fees: legal

    total $336 · management and general $336

  • 11c · Fees: accounting

    total $6,000 · management and general $6,000

  • 11g · Fees: other

    total $582 · management and general $582

  • 12 · Advertising and promotion

    total $15,438 · fundraising $15,438

  • 13 · Office expenses

    total $1,632 · program services $236 · management and general $1,396

  • 14 · Information technology

    total $1,686 · management and general $1,686

  • 16 · Occupancy

    total $20,032 · program services $20,032

  • 17 · Travel

    total $1,598 · management and general $1,598

  • 22 · Depreciation, depletion and amortization

    total $5,960 · program services $5,960

  • 23 · Insurance

    total $6,292 · program services $5,474 · management and general $818

  • 24a · Other expenses: CONTRIBUTIONS

    total $22,490 · management and general $22,490

  • 24b · Other expenses: PROGRAMMING

    total $4,296 · program services $4,296

  • 24c · Other expenses: MISCELLANEOUS

    total $2,411 · management and general $2,411

  • 24d · Other expenses: CONTRACT LABOR

    total $1,400 · management and general $1,400

  • 24e · All other expenses

    total $815 · program services $732 · management and general $83

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $81,853 · end of year $156,709

  • 2 · Savings and temporary cash investments

    beginning of year $350,930 · end of year $358,558

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

    $216,815

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

    $207,259

  • 10c · Land, buildings and equipment, net

    beginning of year $11,944 · end of year $9,556

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,830 · end of year $2,463

  • 27 · Net assets without donor restrictions

    beginning of year $442,897 · end of year $522,360

Mission and programs · 2022

Mission

BEACON BROADCASTING CORPORATION'S MAIN FUNCTIONS IS THE OPERATING OF A RADIO BROADCASTING STATION WHICH PROVIDES RELIGIOUSLY-ORIENTED MUSIC AND EDUCATIONAL PROGRAMS.

  • PUBLISHED, RECORDED & DESSEMINATED RELIGIOUS LITERATURE, RELIGIOUSLY- ORIENTED MUSIC AND EDUCATIONAL PROGRAMS TO THE GENERAL PUBLIC FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES.

    Expenses $72,416

As filed on the 2022 return.

Listed in Part VII

  • Gordon Okuley

    PRESIDENT

    Total calculated
    $65,958
    From this org
    $65,958
    From related orgs
    $0
    Other
    $0
    Hours/week
    25

  • Larry Burd

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Barry Fisher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dennis Nice

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Homer Reeves

    TREASURER

    Total calculated
    $0
    Hours/week
    2

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
22 August 2023
IRS schema version
2022v5.0
Source object
202312359349300111

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