Skip to content
Nonprofiteer
← RADIO TRAINING NETWORK INC

Form 990 for tax year 2023

Filed by RADIO TRAINING NETWORK INC.

Totals

Total revenue
$36,866,699
Total expenses
$27,904,144
Contributions and grants received
$23,833,843
Grants paid
$135,626
Program service revenue
$8,850,288
Investment income
$865,182
Other revenue
$3,317,386
Total assets, end of year
$94,144,240
Total liabilities, end of year
$16,458,422
Net assets or fund balances, end of year
$77,685,818
Program services expenses (Part IX)
$23,321,066
Management and general expenses
$3,151,120
Fundraising expenses
$1,431,958
Program service expenses (Part III)
$23,321,066

Program services were 83.6% 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

    $23,833,843

  • 1g · Noncash contributions included above

    $54,527

  • 2a · Program service revenue: UNDERWRITING

    total $7,642,385 · related or exempt $7,642,385

  • 2b · Program service revenue: SPECIAL EVENTS-CONCERTS

    total $1,207,903 · related or exempt $1,207,903

  • 3 · Investment income

    total $876,329 · excluded $876,329

  • 6a · Gross rents

    personal property $262,531

  • 6b · Less rental expenses

    personal property $140,989

  • 6c · Rental income or loss

    personal property $121,542

  • 6d · Net rental income or loss

    total $121,542 · excluded $121,542

  • 7a · Gross sales of assets other than inventory

    securities $28,442 · other assets $69,452

  • 7b · Less cost or other basis and sales expenses

    securities $28,403 · other assets $80,638

  • 7c · Gain or loss

    securities $39 · other assets -$11,186

  • 7d · Net gain or loss

    total -$11,147 · related or exempt -$11,147

  • 11a · Other revenue: FCC LICENSE INCOME

    total $258,094 · unrelated business $258,094

  • 11b · Other revenue: ADVERTISING INCOME

    total $91,499 · unrelated business $91,499

  • 11c · Other revenue: TOWER INSURANCE NET

    total $2,733,062 · related or exempt $2,733,062

  • 11d · All other revenue

    total $113,189 · related or exempt $113,189

  • 11e · Other revenue, total

    $3,195,844

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $135,626 · program services $135,626

  • 5 · Compensation of officers, directors and key employees

    total $1,634,986 · program services $625,717 · management and general $735,935 · fundraising $273,334

  • 6 · Compensation of disqualified persons

    total $152,668 · management and general $152,668

  • 7 · Other salaries and wages

    total $9,408,960 · program services $8,169,977 · management and general $956,357 · fundraising $282,626

  • 8 · Pension plan contributions

    total $199,566 · program services $169,997 · management and general $25,550 · fundraising $4,019

  • 9 · Other employee benefits

    total $1,500,622 · program services $1,302,024 · management and general $171,160 · fundraising $27,438

  • 10 · Payroll taxes

    total $780,515 · program services $633,657 · management and general $110,006 · fundraising $36,852

  • 11b · Fees: legal

    total $30,946 · management and general $30,946

  • 11c · Fees: accounting

    total $75,840 · management and general $75,840

  • 12 · Advertising and promotion

    total $2,770,357 · program services $2,758,698 · fundraising $11,659

  • 13 · Office expenses

    total $182,792 · program services $158,532 · management and general $24,260

  • 16 · Occupancy

    total $1,160,658 · program services $1,128,002 · management and general $29,301 · fundraising $3,355

  • 17 · Travel

    total $361,299 · program services $352,135 · management and general $9,118 · fundraising $46

  • 19 · Conferences, conventions and meetings

    total $172,112 · program services $153,454 · management and general $12,660 · fundraising $5,998

  • 20 · Interest

    total $2,322 · program services $2,322

  • 22 · Depreciation, depletion and amortization

    total $898,449 · program services $886,404 · management and general $12,045

  • 23 · Insurance

    total $488,218 · program services $462,776 · management and general $25,442

  • 24a · Other expenses: BUILDING & EQUIPMENT RENTAL

    total $1,715,687 · program services $1,605,559 · management and general $81,484 · fundraising $28,644

  • 24b · Other expenses: BROADCASTING AND TECHNICAL

    total $1,246,489 · program services $1,246,489

  • 24c · Other expenses: SPECIAL EVENT

    total $1,109,062 · program services $1,109,062

  • 24d · Other expenses: SHARE-A-THON

    total $757,151 · fundraising $757,151

  • 24e · All other expenses

    total $3,119,819 · program services $2,420,635 · management and general $698,348 · fundraising $836

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $28,610,166 · end of year $22,280,702

  • 4 · Accounts receivable

    beginning of year $752,507 · end of year $1,400,308

  • 9 · Prepaid expenses and deferred charges

    beginning of year $686,034 · end of year $787,002

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

    $27,106,701

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

    $10,285,436

  • 10c · Land, buildings and equipment, net

    beginning of year $12,605,507 · end of year $16,821,265

  • 11 · Investments: publicly traded securities

    beginning of year $4,878,890 · end of year $15,868,923

  • 14 · Intangible assets

    beginning of year $22,596,836 · end of year $23,077,399

  • 15 · Other assets

    beginning of year $14,264,190 · end of year $13,908,641

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,056,643 · end of year $1,687,528

  • 19 · Deferred revenue

    beginning of year $662,081 · end of year $654,084

  • 25 · Other liabilities

    beginning of year $14,380,044 · end of year $14,116,810

  • 27 · Net assets without donor restrictions

    beginning of year $65,821,025 · end of year $75,426,153

  • 28 · Net assets with donor restrictions

    beginning of year $2,474,337 · end of year $2,259,665

Mission and programs · 2023

Mission

TO SHARE THE UNCHANGING GOSPEL OF JESUS CHRIST WITH AS MANY PEOPLE AS POSSIBLE IN A RELATIONAL WAY THROUGH RELEVANT MEDIA.

  • OPERATION & MANAGEMENT OF RADIO STATIONS IN FLORIDA, SOUTH CAROLINA, NORTH CAROLINA, GEORGIA, ALABAMA, AND MISSOURI, WHICH ARE OPERATED TO SHARE THE UNCHANGING GOSPEL OF JESUS CHRIST WITH AS MANY PEOPLE AS POSSIBLE IN A RELATIONAL WAY THROUGH RELEVANT MEDIA.

    Expenses $23,321,066 · Grants $135,626 · Revenue $8,850,288

As filed on the 2023 return.

Listed in Part VII

  • James Campbell

    PRESIDENTCEO

    Total calculated
    $496,282
    From this org
    $485,132
    From related orgs
    $0
    Other
    $11,150
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,583
    Bonus
    $254,380
    Other
    $6,169
    Deferred
    not reported
    Nontaxable benefits
    $11,150
    Filer's total
    $496,282

  • Steve Barrett

    ACCOUNT EXECUTIVE

    Total calculated
    $330,207
    From this org
    $292,068
    From related orgs
    $0
    Other
    $38,139
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $288,266
    Bonus
    $3,327
    Other
    $475
    Deferred
    not reported
    Nontaxable benefits
    $38,139
    Filer's total
    $330,207

  • Johanna Antes

    DIRECTOR OF SUPPORT

    Total calculated
    $273,333
    From this org
    $262,195
    From related orgs
    $0
    Other
    $11,138
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,999
    Bonus
    $43,791
    Other
    $405
    Deferred
    not reported
    Nontaxable benefits
    $11,138
    Filer's total
    $273,333

  • Carmen Radeka

    VP OF PROGRAMMING & CONTENT

    Total calculated
    $252,300
    From this org
    $218,649
    From related orgs
    $0
    Other
    $33,651
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $210,720
    Bonus
    $7,635
    Other
    $294
    Deferred
    not reported
    Nontaxable benefits
    $33,651
    Filer's total
    $252,300

  • Edward Maner

    DIRECTOR OF OPERATIONS

    Total calculated
    $245,821
    From this org
    $197,129
    From related orgs
    $0
    Other
    $48,692
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,513
    Bonus
    $8,337
    Other
    $279
    Deferred
    not reported
    Nontaxable benefits
    $48,692
    Filer's total
    $245,821

  • Thomas Brown

    PROGRAM DIRECTOR

    Total calculated
    $208,389
    From this org
    $181,235
    From related orgs
    $0
    Other
    $27,154
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,621
    Bonus
    $6,191
    Other
    $423
    Deferred
    not reported
    Nontaxable benefits
    $27,154
    Filer's total
    $208,389

  • W Allen Henderson

    GENERAL MANAGER

    Total calculated
    $197,406
    From this org
    $179,357
    From related orgs
    $0
    Other
    $18,049
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,864
    Bonus
    $4,380
    Other
    $7,113
    Deferred
    not reported
    Nontaxable benefits
    $18,049
    Filer's total
    $197,406

  • Robert Dempsey

    OPERATIONS MANAGER

    Total calculated
    $194,654
    From this org
    $151,028
    From related orgs
    $0
    Other
    $43,626
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,279
    Bonus
    $4,185
    Other
    $7,564
    Deferred
    not reported
    Nontaxable benefits
    $43,626
    Filer's total
    $194,654

  • Dennis Cockerham

    DIRECT OF OUTREACH AND UNDERW

    Total calculated
    $183,124
    From this org
    $177,577
    From related orgs
    $0
    Other
    $5,547
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,729
    Bonus
    $4,623
    Other
    $225
    Deferred
    not reported
    Nontaxable benefits
    $5,547
    Filer's total
    $183,124

  • Ted McCall

    DIRECTOR OF ENGINEERING

    Total calculated
    $178,561
    From this org
    $164,507
    From related orgs
    $0
    Other
    $14,054
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $160,601
    Bonus
    $3,806
    Other
    $100
    Deferred
    not reported
    Nontaxable benefits
    $14,054
    Filer's total
    $178,561

  • Bryan Butler

    ACCOUNT EXEC NATIONAL EVENT

    Total calculated
    $176,843
    From this org
    $158,235
    From related orgs
    $0
    Other
    $18,608
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,903
    Bonus
    $2,162
    Other
    $170
    Deferred
    not reported
    Nontaxable benefits
    $18,608
    Filer's total
    $176,843

  • Larry Maxwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Watkins

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Lee Freeman

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Dan McBride

    SECRETARYTREASURER

    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. 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

  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

Other non-fixed payments (Part I, line 7)
BONUSES WERE PROVIDED, AS DOCUMENTED IN PART II.

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

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2024
IRS schema version
2023v5.1
Source object
202442299349301139

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

The source document this was parsed from is served over the API, which is where bulk and document access live.