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Nonprofiteer
← FOCUS WORLDWIDE TELEVISION NETWORK INC

Form 990 for tax year 2022

Filed by FOCUS WORLDWIDE TELEVISION NETWORK INC.

Totals

Total revenue
$716,393
Total expenses
$2,644
Contributions and grants received
$715,000
Grants paid
$0
Program service revenue
$0
Investment income
$1,393
Other revenue
$0
Total assets, end of year
$1,642,709
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,642,709
Program services expenses (Part IX)
$0
Management and general expenses
$2,644
Fundraising expenses
$0
Program service expenses (Part III)
$0

Program services were 0.0% 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

    $715,000

  • 3 · Investment income

    total $1,393 · unrelated business $0 · excluded $1,393

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $540 · program services $0 · management and general $540 · fundraising $0

  • 13 · Office expenses

    total $2,104 · program services $0 · management and general $2,104 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,722 · end of year $15,078

  • 2 · Savings and temporary cash investments

    beginning of year $926,238 · end of year $1,627,631

  • 31 · Retained earnings, endowment or other funds

    beginning of year $928,960 · end of year $1,642,709

Mission and programs · 2022

Mission

To create and provide programs to educate the public on moral, ethnic, and cultural values of the Catholic faith.

  • To evangelize thought provoking and life changing programs of the Catholic faith by broadcast television, internet, streaming, and all other media platforms.

As filed on the 2022 return.

Listed in Part VII

  • Lawrence Oertling

    Member

    Total calculated
    $0
    Hours/week
    1

  • Fr Charles Benoit

    Member

    Total calculated
    $0
    Hours/week
    1

  • Lee Eagan

    Member

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
10 February 2023
IRS schema version
2022v4.1
Source object
202300659349301315

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