Christian Television Network Inc is located in Largo, 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 12/2022, Christian Television Network Inc employed 5 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 12/2022, Christian Television Network Inc generated $187.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $837.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 8 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
2022
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Neville Chankersingh CFO | OfficerTrustee | 2 | $0 |
Yolanda Morris President | Officer | 2 | $0 |
Robert Dandrea Jr Secretary | OfficerTrustee | 1 | $0 |
Phil Driscoll Director | Trustee | 0.01 | $0 |
Wayne Wetzel Vice President | OfficerTrustee | 0.01 | $0 |
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 | $72,368 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $72,368 |
Total Program Service Revenue | $115,559 |
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 | $187,927 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $112 |
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 | $92,695 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $21,175 |
Payroll taxes | $7,663 |
Fees for services: Management | $0 |
Fees for services: Legal | $56 |
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 | $2,120 |
Advertising and promotion | $414 |
Office expenses | $3,026 |
Information technology | $21,420 |
Royalties | $0 |
Occupancy | $101,212 |
Travel | $6,954 |
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 | $82,000 |
Depreciation, depletion, and amortization | $207,800 |
Insurance | $22,260 |
All other expenses | $6,538 |
Total functional expenses | $837,485 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $41,141 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $24,306 |
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 | $1,099 |
Net Land, buildings, and equipment | $1,280,070 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,165,565 |
Other assets | $51,316 |
Total assets | $2,563,497 |
Accounts payable and accrued expenses | $6,361 |
Grants payable | $0 |
Deferred revenue | $18,960 |
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 | $12,265,611 |
Total liabilities | $12,290,932 |
Net assets without donor restrictions | -$9,727,435 |
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 | $2,563,497 |