Holy Family Radio Inc
- Assets
- $246.3k
- Revenue
- $209.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Lancaster, PA
- Founding
- 02/2002
- Data as of
- 06/2022
- EIN
- 23-3092346
Organization Overview
Holy Family Radio Inc is located in Lancaster, PA. The organization was established in 2002. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Holy Family Radio Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holy Family 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 06/2022, Holy Family Radio Inc generated $209.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $153.1k during the year ending 06/2022. While expenses have increased by 0.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BROADCAST CATHOLIC RADIO PROGRAMMING IN CENTRAL PENNSYLVANIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF 2000 WATT STATION ON THE CLEAR CHANNEL FREQUENCY OF 720 AM. HOLY FAMILY RADIO BROADCASTS EWTN GLOBAL CATHOLIC NETWORK PROGRAMMING AND LOCALLY PRODUCED PROGRAMS 24 HOURS A DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Aponick Vice Preside | OfficerTrustee | 5 | $0 |
Rachel Bryson Treasurer | OfficerTrustee | 10 | $0 |
Bishop Ronald Gainer Board Member | Trustee | 5 | $0 |
Betty Girven President | OfficerTrustee | 20 | $0 |
Dr Leona Frances Woskowiak Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,941 |
| Related organizations | $0 |
| Government grants | $8,426 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,972 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $199,339 |
| Total Program Service Revenue | $0 |
| Investment income | $259 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,284 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $209,882 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $35,217 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,499 |
| Payroll taxes | $4,700 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $963 |
| Fees for services: Accounting | $11,746 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $392 |
| Advertising and promotion | $0 |
| Office expenses | $4,129 |
| Information technology | $1,998 |
| Royalties | $0 |
| Occupancy | $16,456 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,914 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,711 |
| Insurance | $6,746 |
| All other expenses | $1,694 |
| Total functional expenses | $153,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,185 |
| Savings and temporary cash investments | $820 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $21,032 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $110,245 |
| Other assets | $1,000 |
| Total assets | $246,282 |
| Accounts payable and accrued expenses | $827 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $229,001 |
| Other liabilities | $0 |
| Total liabilities | $229,828 |
| Net assets without donor restrictions | -$1,248 |
| Net assets with donor restrictions | $17,702 |
| 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 | $246,282 |