Good News Radio
- Assets
- $5.7m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 10
- Location
- Redlands, CA
- Founding
- 12/1972
- Data as of
- 06/2022
- EIN
- 23-7243474
Organization Overview
Good News Radio is located in Redlands, CA. The organization was established in 1972. 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, Good News Radio employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good News Radio 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, Good News Radio generated $2.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 3.7% per year over the past 6 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.
Since 2019, Good News Radio has awarded 14 individual grants totaling $351,475. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GOOD NEWS RADIO IS A MINISTRY THAT DRAWS PEOPLE CLOSER TO GOD BY PROVIDING ENCOURAGEMENT, EDIFYING BELIEVERS AND BUILDING COMMUNITY THROUGH CHRISTIAN MUSIC, MISSION OUTREACH, AND EVENTS.
Describe the Organization's Program Activity:
THE ORGANIZATION BROADCASTS CHRISTIAN SONGS AND CONVERSATION ON FM RADIO, ONLINE STREAMING, AND FREE MOBILE APPS. LISTENING IS MEASURED BY NIELSEN DATA AND AVAILABLE TO NON-PROFIT RADIO STATIONS THROUGH RADIO RESEARCH CONSORTIUM. THE AVERAGE WEEKLY P6+ CUME FOR FISCAL YEAR 2021-2022 WAS: 137,654.PROGRAMMING ACCOMPLISHMENTS:-ON AIR PROGRAM CHANGES IMPROVE NIELSEN RATINGS IN LATE 2021. 89.7 KSGN ACHIEVED #2 RANK FOR PERSONS 6+ AQH SHARE (5.2) IN OCTOBER 2021 PERIOD, #1 RANK FOR WOMEN 25-54 AQH SHARE (6.1) IN THE NOVEMBER 2021 RATING PERIOD.-89.7 KSGN'S DAILY ENCOURAGING THOUGHT OFFERS BIBLICALLY CENTERED AND CULTURALLY RELEVANT CONTENT TO PROVIDE REMINDERS THAT INSPIRE HOPE IN JESUS FOR OUR EVERYDAY LIVES. ETS ARE ON-AIR; AND ON SOCIAL MEDIA WITH A 930,866 AGGREGATE REACH ON FACEBOOK AND 326,374 ON INSTAGRAM. -THE NOVEMBER 2021 HOPE TO THE HUNGRY CAMPAIGN BENEFITTING CITY MISSION MINISTRIES RAISED: $106,096 FOR LOW-INCOME FAMILIES, SENIORS, AND SHUT-INS SERVED BY SAN BERNARDINO CITY MISSION AND RIVERSIDE CITY MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Thomas President/chairman | OfficerTrustee | 2 | $0 |
Andrew Walcker CFO | OfficerTrustee | 2 | $0 |
Phil Orr Secretary | OfficerTrustee | 2 | $0 |
Ernie Medina Jr Director | Trustee | 2 | $0 |
Bobbie Mays Emeritus Director | Trustee | 2 | $0 |
Paggie Kim Director | Trustee | 2 | $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 | $1,941,491 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,941,491 |
| Total Program Service Revenue | $342,826 |
| Investment income | $109,772 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $123,895 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,527,165 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $253,125 |
| 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. | $104,731 |
| Compensation of current officers, directors, key employees. | $104,731 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $428,647 |
| Pension plan accruals and contributions | $53,275 |
| Other employee benefits | $64,052 |
| Payroll taxes | $41,052 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,600 |
| Fees for services: Accounting | $16,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $49,800 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $213,541 |
| Advertising and promotion | $24,393 |
| Office expenses | $10,040 |
| Information technology | $102,470 |
| Royalties | $0 |
| Occupancy | $133,097 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $51,164 |
| Insurance | $19,386 |
| All other expenses | $81,780 |
| Total functional expenses | $1,846,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $320,009 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,506 |
| 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 | $20,002 |
| Net Land, buildings, and equipment | $237,297 |
| Investments—publicly traded securities | $5,105,671 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,200 |
| Total assets | $5,699,685 |
| Accounts payable and accrued expenses | $72,946 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $72,946 |
| Net assets without donor restrictions | $5,626,739 |
| 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 | $5,699,685 |
Grants Awarded
Over the last fiscal year, Good News Radio has awarded $250,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ADRA INTERNATIONAL PURPOSE: UKRAINE DISASTER RELIEF | $100,000 |
HELP FOR HURTING DBA HELPING HANDS PANTRY PURPOSE: GENERAL OPERATIONS | $25,000 |
PATH OF LIFE MINISTRIES PURPOSE: GENERAL OPERATIONS | $25,000 |
LA SIERRA UNIVERSITY PURPOSE: ENACTUS ELIBRARY PROJECT | $25,000 |
RIVERSIDE CITY MISSION PURPOSE: GENERAL OPERATIONS | $25,000 |
SAN BERNARDINO CITY MISSION PURPOSE: GENERAL OPERATIONS | $25,000 |