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Nonprofiteer
← RADIO BY GRACE INC

Form 990 for tax year 2023

Filed by RADIO BY GRACE INC.

Totals

Total revenue
$233,466
Total expenses
$1,211,520
Contributions and grants received
$128,085
Grants paid
$189,341
Program service revenue
$215,962
Investment income
-$372,185
Other revenue
$261,604
Total assets, end of year
$10,761,580
Total liabilities, end of year
$1,080,815
Net assets or fund balances, end of year
$9,680,765
Program services expenses (Part IX)
$964,859
Management and general expenses
$142,013
Fundraising expenses
$104,648
Program service expenses (Part III)
$964,859

Program services were 79.6% 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

    $128,085

  • 2a · Program service revenue: PROGRAMMING INCOME

    total $215,962 · related or exempt $215,962

  • 3 · Investment income

    total $2,998 · excluded $2,998

  • 5 · Royalties

    total $183,528 · related or exempt $183,528

  • 6a · Gross rents

    real property $76,589

  • 6c · Rental income or loss

    real property $76,589

  • 6d · Net rental income or loss

    total $76,589 · excluded $76,589

  • 7a · Gross sales of assets other than inventory

    other assets $330,943

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

    other assets $706,126

  • 7c · Gain or loss

    other assets -$375,183

  • 7d · Net gain or loss

    total -$375,183 · related or exempt -$375,183

  • 8a · Fundraising events: gross income

    $9,499

  • 8b · Fundraising events: direct expenses

    $8,469

  • 8c · Net income from fundraising events

    total $1,030 · excluded $1,030

  • 11a · Other revenue: OTHER

    total $457 · excluded $457

  • 11e · Other revenue, total

    $457

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $189,341 · program services $189,341

  • 7 · Other salaries and wages

    total $248,309 · program services $141,611 · management and general $29,547 · fundraising $77,151

  • 8 · Pension plan contributions

    total $3,278 · program services $2,259 · fundraising $1,019

  • 9 · Other employee benefits

    total $18,942 · program services $12,201 · fundraising $6,741

  • 10 · Payroll taxes

    total $17,904 · program services $10,260 · management and general $2,258 · fundraising $5,386

  • 11b · Fees: legal

    total $4,391 · management and general $4,391

  • 11c · Fees: accounting

    total $78,490 · management and general $78,490

  • 11g · Fees: other

    total $60,503 · program services $49,753 · management and general $10,450 · fundraising $300

  • 12 · Advertising and promotion

    total $8,743 · program services $153 · fundraising $8,590

  • 13 · Office expenses

    total $68,571 · program services $55,808 · management and general $7,302 · fundraising $5,461

  • 14 · Information technology

    total $17,500 · program services $15,721 · management and general $1,779

  • 15 · Royalties

    total $36,116 · program services $36,116

  • 16 · Occupancy

    total $386,449 · program services $383,449 · management and general $3,000

  • 17 · Travel

    total $4,992 · program services $3,645 · management and general $1,347

  • 22 · Depreciation, depletion and amortization

    total $38,380 · program services $38,380

  • 23 · Insurance

    total $23,569 · program services $22,046 · management and general $1,523

  • 24a · Other expenses: AUDIO PRODUCTION COSTS

    total $4,116 · program services $4,116

  • 24e · All other expenses

    total $1,926 · management and general $1,926

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $54,327 · end of year $31,041

  • 2 · Savings and temporary cash investments

    beginning of year $347,468 · end of year $57,194

  • 4 · Accounts receivable

    beginning of year $54,072 · end of year $202,455

  • 7 · Other notes and loans receivable

    beginning of year $127,088 · end of year $89,168

  • 8 · Inventories for sale or use

    beginning of year $17,363 · end of year $17,363

  • 9 · Prepaid expenses and deferred charges

    beginning of year $72,191 · end of year $63,338

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

    $524,427

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

    $139,816

  • 10c · Land, buildings and equipment, net

    beginning of year $451,571 · end of year $384,611

  • 14 · Intangible assets

    beginning of year $10,977,607 · end of year $9,907,865

  • 15 · Other assets

    beginning of year $14,130 · end of year $8,545

  • 17 · Accounts payable and accrued expenses

    beginning of year $34,266 · end of year $21,699

  • 25 · Other liabilities

    beginning of year $1,383,624 · end of year $1,059,116

  • 27 · Net assets without donor restrictions

    beginning of year $10,697,927 · end of year $9,680,765

Mission and programs · 2023

Mission

RADIO BY GRACE EXISTS TO PROVIDE EXCELLENT CHRISTIAN RADIO TO A MODERN GENERATION OF LISTENERS. WE ARE COMMITTED TO BUILD THE LOCAL CHURCH, SERVE THE LOCAL COMMUNITY, AND TO SPREAD THE TRUTH OF GOD'S WORD WITH PASSION AND CONVICTION. ALL THAT WE DO WILL BE TO HONOR JESUS.

Activities or mission (Part I)

RADIO BY GRACE EXISTS TO PROVIDE EXCELLENT CHRISTIAN RADIO TO A MODERN GENERATION OF LISTENERS.

  • RADIO BROADCAST OPERATIONS ARE BRANDED AS RADIO BY GRACE WITH BROADCAST FACILITIES AND FM STATIONS ACROSS THE UNITED STATES AND VIA THE INTERNET. THE ORGANIZATION BRINGS LISTENERS A BALANCE OF SOLID BIBLICAL TEACHINGS AND LIVE TALK PROGRAMMING. CURRENT BROADCAST OPERATIONS COVER 22 STATES WITH APPROXIMATELY 22 MILLION LISTENERS. OUR PROGRAM CONTENT IS INTENDED TO DELIVER THE GOSPEL, THE GOOD NEWS OF CHRIST, TO OUR LISTENERS. FUNDRAISING EFFORTS TO SUPPORT BROADCAST OPERATIONS HAVE NOT YET BEGUN.

    Expenses $964,859 · Grants $189,341 · Revenue $24,307

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bill Gehm

    PRESIDENT/DI

    Total calculated
    $0
    Hours/week
    5

  • Ric Vogelgesang

    TREASURER/DI

    Total calculated
    $0
    Hours/week
    5

  • Mike Kessell

    VP/SEC/DIREC

    Total calculated
    $0
    Hours/week
    5

  • Todd Rollison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Regina Ralston

    GENERAL MANA

    Total calculated
    $0
    Hours/week
    5

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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
30 April 2025
IRS schema version
2023v6.0
Source object
202511209349300136

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