We Have This Hope Christian Radio Inc
- Assets
- $195.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Park Rapids, MN
- Founding
- 04/2005
- Data as of
- 12/2021
- EIN
- 20-1327810
Organization Overview
We Have This Hope Christian Radio Inc is located in Park Rapids, MN. The organization was established in 2005. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. We Have This Hope Christian Radio 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, We Have This Hope Christian Radio Inc generated $198.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $148.7k during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PRODUCING AND DISTRIBUTING RADIO PROGRAMS TO SERVE THE HEALTH, FAMILY LIFE, RELIGION AND PERS FINANCIAL MGMT NEEDS OF SOME RESIDENTS OF MN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vern Erickson Pres | 3 | $0 | |
Dennis Carlson Chairman | 3 | $0 | |
Sharon Erickson Sec | 3 | $0 | |
Clair Erickson Tres | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,360 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $137,205 |
| Printing, publications, postage, and shipping | $117 |
| Other expenses | $11,363 |
| Total expenses | $148,685 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,151 |
| Other assets | $0 |
| Total assets | $195,096 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,096 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that We Have This Hope Christian Radio Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Asi Missions Inc Columbia, MD PURPOSE: SUPPORT SDA PROJECTS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gabriel Media St Cloud, MN | $4,124,019 | $1,629,272 |
St Gabriel Communications West Des Moines, IA | $1,871,231 | $1,205,092 |
Saint Gabriel Communications Ltd Sioux City, IA | $1,655,379 | $338,338 |
Key Of David Ministries Non Proft Organization Cedarburg, WI | $3,609 | $269,768 |
Beachglass Ministries Inc Port Washington, WI | $215,465 | $216,760 |
Overcomer Foundation Excelsior, MN | $274,899 | $270,174 |
American Radio Missions Foundation Corporation Pella, IA | $459,737 | $25,237 |
We Have This Hope Christian Radio Inc Park Rapids, MN | $195,096 | $0 |
Aquinas Communications Inc Dubuque, IA | $95,678 | $0 |
Fourth Dimension Inc Eau Claire, WI | $154,467 | $0 |
The Blast Ministries Inc Bridgewater, SD | $63,514 | $0 |
Praise Broadcasting Osakis, MN | $0 | $24,903 |