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Nonprofiteer
← EDUCATIONAL MEDIA FOUNDATION

Form 990 for tax year 2023

Filed by EDUCATIONAL MEDIA FOUNDATION.

Totals

Total revenue
$242,249,152
Total expenses
$154,549,969
Contributions and grants received
$220,279,531
Grants paid
$43,950
Program services expenses (Part IX)
$108,901,380
Management and general expenses
$34,899,194
Fundraising expenses
$10,749,395
Program service expenses (Part III)
$108,901,380

Program services were 70.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DONNA ECTON

    CHAIRMAN (END 3/1/24)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • LARRY MOODY

    VICE CHAIR (END 12/31/23)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • EMIL KALLINA

    DIRECTOR (END 12/31/23)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • TOM STULTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MITCH BARNHART

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JERRY SHIRER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MARK BRANNON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JON REEVES

    CEO/DIRECTOR END 3/21/23

    Total calculated
    $146,843
    From this org
    $131,014
    From related orgs
    $0
    Other
    $15,829
    Hours/week
    50 + 2 related

  • TODD WOODS

    CEO/DIRECTOR END 5/15/24

    Total calculated
    $497,827
    From this org
    $453,039
    From related orgs
    $0
    Other
    $44,788
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $380,591
    Bonus
    $67,000
    Other
    $5,448
    Deferred
    $11,643
    Nontaxable benefits
    $33,145
    Filer's total
    $497,827

  • MICHAEL LEWIS

    PRES/DIR END 3/21/23 CFO END 5/19/23

    Total calculated
    $219,750
    From this org
    $201,857
    From related orgs
    $0
    Other
    $17,893
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $153,885
    Bonus
    $0
    Other
    $47,972
    Deferred
    $8,034
    Nontaxable benefits
    $9,859
    Filer's total
    $219,750

  • DAVID ATKINSON

    CFO/TREAS END 3/23; CAO END 7/23

    Total calculated
    $577,678
    From this org
    $551,889
    From related orgs
    $0
    Other
    $25,789
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $185,440
    Bonus
    $193,167
    Other
    $173,282
    Deferred
    $11,883
    Nontaxable benefits
    $13,906
    Filer's total
    $577,678

  • MATTHEW REYNOLDS

    CFO/TREASURER

    Total calculated
    $268,254
    From this org
    $226,955
    From related orgs
    $0
    Other
    $41,299
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $197,231
    Bonus
    $0
    Other
    $29,724
    Deferred
    $8,154
    Nontaxable benefits
    $33,145
    Filer's total
    $268,254

  • JOE MILLER

    VP SIGNAL DEVELOPMT/ASST TREASURER

    Total calculated
    $322,191
    From this org
    $287,376
    From related orgs
    $0
    Other
    $34,815
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $270,334
    Bonus
    $950
    Other
    $16,092
    Deferred
    $11,570
    Nontaxable benefits
    $23,245
    Filer's total
    $322,191

  • SUSAN MYERS

    COUNSEL/SECRETARY

    Total calculated
    $242,928
    From this org
    $224,527
    From related orgs
    $0
    Other
    $18,401
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $185,291
    Bonus
    $500
    Other
    $38,736
    Deferred
    $7,794
    Nontaxable benefits
    $10,607
    Filer's total
    $242,928

  • DAVID PIERCE

    CHIEF MEDIA OFFICER

    Total calculated
    $354,170
    From this org
    $318,393
    From related orgs
    $0
    Other
    $35,777
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $289,207
    Bonus
    $7,531
    Other
    $21,655
    Deferred
    $12,532
    Nontaxable benefits
    $23,245
    Filer's total
    $354,170

  • JAMES HOUSER

    SENIOR VP OF RADIO

    Total calculated
    $326,867
    From this org
    $283,522
    From related orgs
    $0
    Other
    $43,345
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $234,894
    Bonus
    $30,122
    Other
    $18,506
    Deferred
    $10,200
    Nontaxable benefits
    $33,145
    Filer's total
    $326,867

  • EDWIN RICE

    CHIEF TECHNOLOGY OFFICER

    Total calculated
    $298,572
    From this org
    $255,249
    From related orgs
    $0
    Other
    $43,323
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $242,646
    Bonus
    $0
    Other
    $12,603
    Deferred
    $10,178
    Nontaxable benefits
    $33,145
    Filer's total
    $298,572

  • KRISTINA MILLER

    CHIEF PEOPLE OFFICER END 1/5/24

    Total calculated
    $329,310
    From this org
    $297,233
    From related orgs
    $0
    Other
    $32,077
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $253,130
    Bonus
    $25,725
    Other
    $18,378
    Deferred
    $10,907
    Nontaxable benefits
    $21,170
    Filer's total
    $329,310

  • JANET CHERRY

    CHIEF TRANSITION OFFICER END 7/31/23

    Total calculated
    $594,410
    From this org
    $552,972
    From related orgs
    $0
    Other
    $41,438
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $189,672
    Bonus
    $177,446
    Other
    $185,854
    Deferred
    $9,853
    Nontaxable benefits
    $31,585
    Filer's total
    $594,410

  • JARROD GRAETZ

    VP STREAMING/INTL GROWTH END 12/23

    Total calculated
    $300,861
    From this org
    $262,973
    From related orgs
    $0
    Other
    $37,888
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $192,375
    Bonus
    $0
    Other
    $70,598
    Deferred
    $4,743
    Nontaxable benefits
    $33,145
    Filer's total
    $300,861

  • SAM WALLINGTON

    VP OF OPERATIONS AND ENGINEERING

    Total calculated
    $309,888
    From this org
    $266,158
    From related orgs
    $0
    Other
    $43,730
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $245,539
    Bonus
    $0
    Other
    $20,619
    Deferred
    $10,585
    Nontaxable benefits
    $33,145
    Filer's total
    $309,888

  • MICHAEL MCCALL

    CHIEF ENGAGEMENT OFFICER END 8/11/23

    Total calculated
    $264,133
    From this org
    $254,322
    From related orgs
    $0
    Other
    $9,811
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $160,411
    Bonus
    $27,096
    Other
    $66,815
    Deferred
    $8,522
    Nontaxable benefits
    $1,289
    Filer's total
    $264,133

  • SCOTT SMITH

    KLOVE AIR TALENT

    Total calculated
    $285,971
    From this org
    $245,642
    From related orgs
    $0
    Other
    $40,329
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $160,260
    Bonus
    $500
    Other
    $84,882
    Deferred
    $7,184
    Nontaxable benefits
    $33,145
    Filer's total
    $285,971

  • SHAINE GRIESHABER

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

    Total calculated
    $219,586
    From this org
    $219,586
    From related orgs
    $0
    Other
    $0
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $219,586
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $219,586

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 — 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
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 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 3
EXPLANATION PROVIDED UNDER FORM 990, PAGE 6 - OFFICER'S COMPENSATION SECTION.
PART I, LINE 4A
DAVID ATKINSON - $126,880 SEVERANCE PAY SHAINE GRIESHABER - $219,586 SEVERANCE PAY JANET CHERRY - $132,388 SEVERANCE PAY JARROD GRAETZ - $13,219 SEVERANCE PAY
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 ORG · DE · controlled entity

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

  • KLOVE & AIR1 FOUNDATION

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

    Directly controlled by EDUCATIONAL MEDIA FOUNDATION

  • K-LOVE INC

    501(C)(3) · CHRISTIAN RADIO BROADCASTING · TN

Provenance

Return type
form_990
Tax year
2023
Filed
29 August 2024
IRS schema version
2023v5.1
Source object
202442479349301519

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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