Totals
- Total revenue
- $1,582,448
- Total expenses
- $1,772,546
- Contributions and grants received
- $362,568
- Grants paid
- $62,000
- Program service revenue
- $1,217,500
- Investment income
- $2,380
- Other revenue
- $0
- Total assets, end of year
- $1,404,789
- Total liabilities, end of year
- $351,029
- Net assets or fund balances, end of year
- $1,053,760
- Program services expenses (Part IX)
- $1,519,381
- Management and general expenses
- $253,165
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,519,381
Program services were 85.7% 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
$362,568
-
1g · Noncash contributions included above
$5,000
-
2a · Program service revenue: SPONSORSHIPS
total $1,217,500 · related or exempt $1,217,500
-
3 · Investment income
total $8,811 · related or exempt $8,811
-
7a · Gross sales of assets other than inventory
other assets $500
-
7b · Less cost or other basis and sales expenses
other assets $6,931
-
7c · Gain or loss
other assets -$6,431
-
7d · Net gain or loss
total -$6,431 · related or exempt -$6,431
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $62,000 · program services $62,000
-
7 · Other salaries and wages
total $703,281 · program services $562,625 · management and general $140,656
-
9 · Other employee benefits
total $51,440 · program services $41,152 · management and general $10,288
-
10 · Payroll taxes
total $53,279 · program services $42,623 · management and general $10,656
-
11b · Fees: legal
total $3,500 · management and general $3,500
-
11c · Fees: accounting
total $300 · management and general $300
-
11g · Fees: other
total $192,792 · program services $182,443 · management and general $10,349
-
12 · Advertising and promotion
total $333,401 · program services $333,401
-
13 · Office expenses
total $52,085 · program services $41,668 · management and general $10,417
-
14 · Information technology
total $5,722 · program services $4,578 · management and general $1,144
-
16 · Occupancy
total $147,858 · program services $118,286 · management and general $29,572
-
17 · Travel
total $33,951 · program services $27,161 · management and general $6,790
-
22 · Depreciation, depletion and amortization
total $14,258 · program services $14,258
-
23 · Insurance
total $10,527 · management and general $10,527
-
24a · Other expenses: FOOD AND ENTERTAINMENT
total $69,246 · program services $55,397 · management and general $13,849
-
24b · Other expenses: NTD FILM
total $23,799 · program services $23,799
-
24c · Other expenses: AUTO RELATED EXPESNES
total $6,238 · program services $4,990 · management and general $1,248
-
24d · Other expenses: NTD CREDIT UNION
total $5,000 · program services $5,000
-
24e · All other expenses
total $3,869 · management and general $3,869
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $325,507 · end of year $463,869
-
4 · Accounts receivable
beginning of year $912,040 · end of year $882,500
-
10a · Land, buildings and equipment: cost or other basis
$86,471
-
10b · Land, buildings and equipment: accumulated depreciation
$28,051
-
10c · Land, buildings and equipment, net
beginning of year $51,318 · end of year $58,420
-
17 · Accounts payable and accrued expenses
beginning of year $16,467 · end of year $347,499
-
25 · Other liabilities
beginning of year $28,540 · end of year $3,530
-
27 · Net assets without donor restrictions
beginning of year $1,243,858 · end of year $1,053,760
Mission and programs · 2024
Mission
OUR MISSION IS TO ESTABLISH A WORLD-CLASS TELEVISION STATION WITH QUALITY CONTENTS THAT BENEFIT AND ENRICH PEOPLE'S LIVES; THROUGHT TRUTHFUL NEWS REPORTING, UNIQUE CULTURE AND SOCIAL PROGRAMMING.
-
BRING 24-7 NTD NETWORK PROGRAMMING INTO GREATER LOS ANGELES; BROADCASTING TURTHFUL NEWS AND UNIQUE CULTURE AND SOCIAL PROGRAMMING; PROVIDE DAILY 30 MINUTUES LOCAL NEWS PROGRAMMING.
Expenses $1,517,897 · Grants $62,000
-
TO CREATE LOCAL NEWS OF LOS ANGELES
Expenses $1,484
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jane DingJANE DING
CFO
- Total calculated
- $18,001
- From this org
- $18,001
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Chris LeeCHRIS LEE
SECRETARY
- Total calculated
- $0
- Hours/week
- 20
-
Kirk WangKIRK WANG
CEO
- 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
-
$62,000
OPERATION SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202523199349302662
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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