Horizon Media Studios Inc
- Assets
- $1.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boynton Beach, FL
- Founding
- 11/2008
- Data as of
- 12/2021
- EIN
- 26-0764918
Organization Overview
Horizon Media Studios Inc is located in Boynton Beach, FL. The organization was established in 2008. According to its NTEE Classification (X82) the organization is classified as: Religious Television, 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. Horizon Media Studios 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, Horizon Media Studios Inc generated $169.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $166.3k during the year ending 12/2021. While expenses have increased by 9.4% 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
HMS BROADCASTS AND PRODUCES TV DOCUMENTARIES/EPISODES OF ANSWERING THE CALL - BROADCASTING OVERCOMER.TV 24-7 CHANNEL FEATURING 132 INDIVIDUAL CHRIST-CENTERED MINISTRIES THAT ARE NON-PROFIT ORGANIZATIONS - WITH OVER 500 HALF-HOUR AIRINGS THROUGH 8 NATIONAL AND REGIONAL TELEVISION NETWORKS VIA CABLE AND SATELLITE TV TO 342 MILLION PEOPLE IN THE US - EACH ORGANIZATION RECEIVED NATIONAL EXPOSURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pastor Charles B Reich President - Treasurer - Director | 50 | $24,950 | |
Annette Reich Secretary - Director | 0 | $0 | |
Clancy Jay Mckinney Director | 0 | $0 | |
Steven Myers Director | 0 | $0 | |
Donna Crowley Director | 0 | $0 | |
Bill Schott Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,215 |
| 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 | $169,215 |
| 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 | $76,049 |
| Occupancy, rent, utilities, and maintenance | $49,735 |
| Printing, publications, postage, and shipping | $1,912 |
| Other expenses | $38,568 |
| Total expenses | $166,264 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,340 |
| Other assets | $0 |
| Total assets | $1,340 |
| Total liabilities | $71,800 |
| Net assets or fund balances | -$70,460 |
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