Form 990 for tax year 2025
Filed by SOUND OF HOPE RADIO NETWORK INC.
Totals
- Total revenue
- $5,320,556
- Total expenses
- $9,784,835
- Contributions and grants received
- $752,807
- Grants paid
- $1,000
- Program service revenue
- $2,499,140
- Investment income
- $22,396
- Other revenue
- $2,046,213
- Total assets, end of year
- $15,349,284
- Total liabilities, end of year
- $4,194,051
- Net assets or fund balances, end of year
- $11,155,233
- Program services expenses (Part IX)
- $8,921,520
- Management and general expenses
- $862,315
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 91.2% 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.
-
1b · Membership dues
$9,143
-
1d · Related organizations
$2,197
-
1f · All other contributions, gifts and grants
$741,467
-
2a · Program service revenue: Program Income
total $646,660
-
2b · Program service revenue: Management and Underwriting Sponsorships
total $609,495
-
2c · Program service revenue: Web - Google, Facebok, Youtube
total $1,224,985
-
2d · Program service revenue: Web - Search SEO
total $18,000
-
3 · Investment income
total $22,396 · unrelated business $22,396
-
6a · Gross rents
real property $1,046,749
-
6c · Rental income or loss
real property $1,046,749
-
6d · Net rental income or loss
total $1,046,749
-
10a · Gross sales of inventory
$1,634,371
-
10b · Cost of goods sold
$916,090
-
10c · Net income from sales of inventory
total $718,281
-
11a · Other revenue: AD Production Fee Income
total $350
-
11b · Other revenue: Miscellaneous Revenue
total $28,256
-
11c · Other revenue: Other Miscellaneous Revenue
total $252,577
-
11e · Other revenue, total
$281,183
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,000
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $831,865 · program services $831,865
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $5,000 · program services $5,000
-
10 · Payroll taxes
total $64,289 · program services $64,289
-
11a · Fees: management
total $40,198 · management and general $40,198
-
11b · Fees: legal
total $8,046 · management and general $8,046
-
11c · Fees: accounting
total $91,905 · program services $91,905
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,737,004 · program services $1,737,004
-
12 · Advertising and promotion
total $14,320 · program services $14,320
-
13 · Office expenses
total $376,881 · management and general $376,881
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $316,395 · program services $316,395
-
17 · Travel
total $22,357 · program services $22,357
-
18 · Travel or entertainment for public officials
total $6,754 · program services $6,754
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $115,478 · management and general $115,478
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $321,712 · management and general $321,712
-
23 · Insurance
total $58,200 · program services $58,200
-
24a · Other expenses: Program Production Costs
total $424,599 · program services $424,599
-
24b · Other expenses: Tax Expenses
total $127,706 · program services $127,706
-
24c · Other expenses: Impairment of Asset Loss
total $5,057,806 · program services $5,057,806
-
24d · Other expenses: Bad Debt Expense
total $160,383 · program services $160,383
-
24e · All other expenses
total $2,937 · program services $2,937
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $656,666 · end of year $1,186,207
-
4 · Accounts receivable
beginning of year $541,152 · end of year $549,726
-
7 · Other notes and loans receivable
beginning of year $510,443 · end of year $562,551
-
9 · Prepaid expenses and deferred charges
beginning of year $6,351 · end of year $6,339
-
10a · Land, buildings and equipment: cost or other basis
$12,431,895
-
10b · Land, buildings and equipment: accumulated depreciation
$1,367,224
-
10c · Land, buildings and equipment, net
beginning of year $11,326,883 · end of year $11,064,671
-
13 · Investments: program-related
beginning of year $7,107,715 · end of year $1,979,790
-
15 · Other assets
beginning of year $32,772
-
17 · Accounts payable and accrued expenses
beginning of year $45,652 · end of year $267,349
-
19 · Deferred revenue
beginning of year $217,828 · end of year $238,078
-
24 · Unsecured notes and loans payable
beginning of year $2,679,741 · end of year $2,611,810
-
25 · Other liabilities
beginning of year $1,782,150 · end of year $1,076,814
-
27 · Net assets without donor restrictions
beginning of year $15,456,611 · end of year $11,155,233
Mission and programs · 2025
Mission
Provide indenpendent and ojective news reprorting, culture programs that preserve and promote traditional Chinese culture, program that introduce to Chinese people to the best value of the west, current issue of China.
Activities or mission (Part I)
Provide Independent and objective news reporting, culture programs that preserve and promote traditional Chinese culture, programs that introduce to Chinese people to the best value of the west, current issue of China.
-
Built 24 hour radio streams for FM Radios and for internet with a focuse on news reporting and current events in China Provide indenpendent news, culture probram and current events talk show to China throw shortwave radio and through digital platform to international audience and through local FM station in US.
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dongwei Bu
Director
- Total calculated
- $32,820
- From this org
- $32,820
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Allen Yong Zeng
Board Chair
- Total calculated
- $0
- Hours/week
- 40
-
Frank Lee
Director
- Total calculated
- $0
- Hours/week
- 15
-
Helen Chou
Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 40
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
- 2025
- Filed
- 6 August 2026
- IRS schema version
- 2025v4.1
- Source object
- 202622189349300522
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