Totals
- Total revenue
- $1,700,613
- Total expenses
- $1,907,430
- Contributions and grants received
- $935,964
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $30,310
- Other revenue
- $734,339
- Total assets, end of year
- $5,254,789
- Total liabilities, end of year
- $55,042
- Net assets or fund balances, end of year
- $5,199,747
- Program services expenses (Part IX)
- $1,506,279
- Management and general expenses
- $214,730
- Fundraising expenses
- $186,421
- Program service expenses (Part III)
- $1,506,279
Program services were 79.0% 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
$935,964
-
3 · Investment income
total $30,310 · related or exempt $30,310
-
6a · Gross rents
real property $85,200
-
6c · Rental income or loss
real property $85,200
-
6d · Net rental income or loss
total $85,200 · related or exempt $85,200
-
8a · Fundraising events: gross income
$667,347
-
8c · Net income from fundraising events
total $667,347
-
11a · Other revenue: MISCELLANEOUS INCOME
total $1,536 · related or exempt $1,536
-
11b · Other revenue: NET LOSS IN PARTNERSHIP INTER
total -$19,744 · related or exempt -$19,744
-
11e · Other revenue, total
-$18,208
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $54,909 · program services $35,142 · management and general $10,982 · fundraising $8,785
-
7 · Other salaries and wages
total $512,787 · program services $328,184 · management and general $102,557 · fundraising $82,046
-
9 · Other employee benefits
total $142,188 · program services $91,000 · management and general $28,438 · fundraising $22,750
-
10 · Payroll taxes
total $39,305 · program services $25,155 · management and general $7,861 · fundraising $6,289
-
11c · Fees: accounting
total $10,436 · management and general $10,436
-
11g · Fees: other
total $1,003,697 · program services $968,079 · management and general $10,787 · fundraising $24,831
-
12 · Advertising and promotion
total $12,114 · management and general $2,277 · fundraising $9,837
-
13 · Office expenses
total $39,191 · program services $3,919 · management and general $21,555 · fundraising $13,717
-
16 · Occupancy
total $12,697 · program services $11,427 · management and general $1,270
-
17 · Travel
total $30,758 · management and general $12,592 · fundraising $18,166
-
22 · Depreciation, depletion and amortization
total $37,069 · program services $32,322 · management and general $4,747
-
23 · Insurance
total $12,279 · program services $11,051 · management and general $1,228
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $207,590 · end of year $113,677
-
4 · Accounts receivable
beginning of year $16,448 · end of year $15,312
-
9 · Prepaid expenses and deferred charges
beginning of year $40,810 · end of year $75,938
-
10a · Land, buildings and equipment: cost or other basis
$2,369,098
-
10b · Land, buildings and equipment: accumulated depreciation
$1,801,091
-
10c · Land, buildings and equipment, net
beginning of year $605,076 · end of year $568,007
-
11 · Investments: publicly traded securities
end of year $556,182
-
12 · Investments: other securities
beginning of year $3,831,161 · end of year $3,919,943
-
15 · Other assets
beginning of year $777,385 · end of year $5,730
-
17 · Accounts payable and accrued expenses
beginning of year $79,154 · end of year $11,553
-
25 · Other liabilities
end of year $43,489
-
27 · Net assets without donor restrictions
beginning of year $4,557,298 · end of year $4,357,729
-
28 · Net assets with donor restrictions
beginning of year $842,018 · end of year $842,018
Mission and programs · 2024
Mission
LIFEWORD BROADCAST MINISTRIES OPERATES EXCLUSIVELY FOR RELIGIOUS PURPOSES. THIS PURPOSE IS ACCOMPLISHED BY DEVELOPMENT, PRODUCTION AND/OR DISTRIBUTION OF RADIO AND TELEVISION PROGRAMS, MUSIC AND CHRISTIAN EDUCATION MATERIALS.
Activities or mission (Part I)
LIFEWORD BROADCAST MINISTRIES OPERATES EXCLUSIVELY FOR RELIGIOUS PURPOSES. THIS PURPOSE IS ACCOMPLISHED BY DEVELOPMENT, PRODUCATION AND/OR DISTRIBUTION OF RADIO AND TELEVISION PROGRAMS, MUSIC AND CHRISTIAN EDUCATION MATERIALS.
-
N/A
-
N/A
Expenses $1,506,279
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brian AtwoodBRIAN ATWOOD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Ross BurgessROSS BURGESS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Rodney BurnsRODNEY BURNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Michele CorderMICHELE CORDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Sancy FaulkSANCY FAULK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Winston FosterWINSTON FOSTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Vincent HernandezVINCENT HERNANDEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Dr David MartinDR DAVID MARTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Steve NealSTEVE NEAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Dwayne OrrDWAYNE ORR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Jeremy RiddleJEREMY RIDDLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Darrell SpignerDARRELL SPIGNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Marvin Delk SrMARVIN DELK SR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Melady ThompsonMELADY THOMPSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Dan WiselyDAN WISELY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
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.
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.
-
501C3 · SUPPORT · AR
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 April 2026
- IRS schema version
- 2024v5.0
- Source object
- 202621049349301657
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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