Christian Television Network Inc
- Assets
- $2.7m
- Revenue
- $167.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Clearwater, FL
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 11-3774691
Organization Overview
Christian Television Network Inc is located in Clearwater, FL. The organization was established in 2007. According to its NTEE Classification (X82) the organization is classified as: Religious Television, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Christian Television Network Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Television Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Christian Television Network Inc generated $167.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $868.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN EDUCATIONAL AND EVANGELISTIC BROADCASTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICE TO THE PUBLIC BY PRODUCING AND BROADCASTING PROGRAMMING TO TEACH AND ENCOURAGE CHRISTIAN LIVING.
ASSISTANCE TO THE LESS FORTUNATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neville Chankersingh CFO | OfficerTrustee | 1 | $0 |
Robert Dandrea Jr Secretary | OfficerTrustee | 0.8 | $0 |
Wayne Wetzel Vice President | OfficerTrustee | 0.01 | $0 |
Yolanda Morris President | Officer | 0.8 | $0 |
Phil Driscoll Director | Trustee | 0.01 | $0 |
Virginia Oliver Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,735 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,735 |
| Total Program Service Revenue | $104,241 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $166,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $200 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,808 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,711 |
| Payroll taxes | $9,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,898 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,594 |
| Advertising and promotion | $0 |
| Office expenses | $4,207 |
| Information technology | $22,890 |
| Royalties | $96,423 |
| Occupancy | $10,102 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $111,015 |
| Depreciation, depletion, and amortization | $200,885 |
| Insurance | $13,498 |
| All other expenses | $5,461 |
| Total functional expenses | $868,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,689 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,096 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $508 |
| Net Land, buildings, and equipment | $1,470,672 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,165,565 |
| Other assets | $50,203 |
| Total assets | $2,728,733 |
| Accounts payable and accrued expenses | $6,652 |
| Grants payable | $0 |
| Deferred revenue | $27,130 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,772,826 |
| Total liabilities | $11,806,608 |
| Net assets without donor restrictions | -$9,077,875 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,728,733 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Christian Television Network Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eternal Word Television Network Inc Irondale, AL | $79,027,248 | $88,426,862 |
Angel Christian Television Tr Inc Orlando, FL | $3,624,253 | $7,248,841 |
Associated Christian Television System Inc Altamonte Springs, FL | $62,471,774 | $6,819,943 |
Christian Television Corporation Inc Clearwater, FL | $87,082,605 | $9,767,791 |
Macon Urban Ministries Inc Macon, GA | $2,354,932 | $1,144,176 |
Christian Televison Of Palm Beach County Inc Clearwater, FL | $3,290,781 | $609,818 |
Christian Television Network Inc Clearwater, FL | $3,820,920 | $489,594 |
Rocky Mountain Christian Television Network Inc Clearwater, FL | $8,234,752 | $681,479 |
Christian Television Network Inc Clearwater, FL | $2,728,733 | $166,976 |
Christian Television Corporation Of Pensacola-Mobile Inc Clearwater, FL | $2,243,911 | $516,220 |
Christian Television Network Inc Clearwater, FL | $1,674,498 | $984,767 |
Volunteer Christian Television Inc Clearwater, FL | $3,933,392 | $536,578 |