Old Time Gospel Hour Inc
- Assets
- $48.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 07/1987
- Data as of
- 06/2021
- EIN
- 23-7293001
Organization Overview
Old Time Gospel Hour Inc is located in Lynchburg, VA. The organization was established in 1987. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, 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. Old Time Gospel Hour 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 06/2021, Old Time Gospel Hour Inc generated $71.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (28.1%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATIONAL MATERIALS ON MORALITY IN AMERICAN LIFE AND GOVERNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Moon President | 1 | $0 | |
Jerry Falwell Jr Director | 1 | $0 | |
Jonathan P Falwell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,122 |
| 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 | $71,122 |
| 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 | $2,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,657 |
| Total expenses | $54,157 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,885 |
| Other assets | $0 |
| Total assets | $48,885 |
| Total liabilities | $8,804,852 |
| Net assets or fund balances | -$8,755,967 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Old Time Gospel Hour Inc has recieved totaling $73,332.
| Awarding Organization | Amount |
|---|---|
Liberty University Inc Lynchburg, VA PURPOSE: Supportive Christian non-profit organization | $36,666 |
Liberty University Inc Lynchburg, VA PURPOSE: Supportive Christian non-profit organization | $36,666 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Religious Broadcasters Washington, DC | $1,057,544 | $2,227,453 |
Daily Audio Bible Spring Hill, TN | $5,606,352 | $3,425,803 |
Gye Corp Baltimore, MD | $440,830 | $1,314,204 |
Don Shire Ministries Inc Bedford, VA | $1,411,136 | $1,174,975 |
Arrabon Richmond, VA | $1,550,749 | $2,350,562 |
Somerset Educational Broadcasting Foundation Somerset, KY | $562,912 | $918,538 |
Sage Place Inc-A Five Fold Impact Raleigh, NC | -$659 | $525,437 |
Moments Of Hope Pineville, NC | $39,536 | $523,886 |
Freedom To Lead International Cary, NC | $1,398,462 | $812,838 |
Free Life Ministries Inc Goldsboro, NC | $3,123,694 | $472,286 |
Audioverse Collegedale, TN | $1,359,066 | $874,182 |
Biblical Recorder Incorporated Cary, NC | $302,760 | $541,376 |