Z Ministries Inc
- Assets
- $2.9m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 43
- Location
- Altamonte Springs, FL
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-3532803
Organization Overview
Z Ministries Inc is located in Altamonte Springs, FL. The organization was established in 2009. 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 12/2023, Z Ministries Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Z Ministries 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, Z Ministries Inc generated $6.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $6.3m during the year ending 12/2021. While expenses have increased by 5.1% 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.
Since 2014, Z Ministries Inc has awarded 36 individual grants totaling $5,364,414. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF LISTENER-SUPPORTED, NON-COMMERCIAL CHRISTIAN RADIO STATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES LISTENER-SUPPORTED, NON-COMMERCIAL CHRISTIAN RADIO STATIONS ON THE FOLLOWING FEDERAL COMMUNICATIONS COMMISSION (FCC) LICENSED OR PERMITTED FACILITIES: WPOZ, WMYZ, WHYZ, WCYZ, WHGV, AND WDOZ PLUS FOURTEEN TRANSLATOR STATIONS THROUGHOUT THE CENTRAL FLORIDA REGION. THE RADIO STATIONS PROVIDE CONTINUOUS BROADCASTING TO ORLANDO, FLORIDA AND SURROUNDING AREAS. THE STATIONS CURRENTLY BROADCAST INTO ELEVEN FLORIDA COUNTIES AND VIA THE INTERNET REACHING A POTENTIAL ESTIMATED 4.5 MILLION U.S. LISTENERS PER WEEK. THE FORMATS ARE EXCLUSIVELY CHRISTIAN MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James S Hoge President/director | OfficerTrustee | 40 | $211,101 |
Judy Stephan Treasurer/director | OfficerTrustee | 40 | $71,748 |
Stuart Kinniburgh Director | Trustee | 0.2 | $0 |
Judy Wise Director | Trustee | 0.1 | $0 |
Timothy Detellis Director | Trustee | 0.2 | $0 |
Dean Chapman Vp/general Manager | Officer | 40 | $192,122 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Xeo Dev It Services | 12/30/21 | $112,500 |
Goodratings Research Music Research | 12/30/21 | $105,570 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,764,967 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $218,826 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,461,540 |
| Statement of Expenses | |
|---|---|
| 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. | $480,934 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,974,976 |
| Pension plan accruals and contributions | $49,412 |
| Other employee benefits | $215,707 |
| Payroll taxes | $171,981 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,754 |
| Fees for services: Accounting | $39,921 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $194,422 |
| Advertising and promotion | $1,392,231 |
| Office expenses | $332,315 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $396,462 |
| Travel | $18,064 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,710 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,132 |
| Insurance | $182,976 |
| All other expenses | $0 |
| Total functional expenses | $6,283,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,431,817 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,632 |
| 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 | $85,765 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,299,672 |
| Total assets | $2,890,886 |
| Accounts payable and accrued expenses | $109,754 |
| Grants payable | $0 |
| Deferred revenue | $7,680 |
| 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 | $117,434 |
| Net assets without donor restrictions | $2,773,452 |
| 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 |
| Total liabilities and net assets/fund balances | $2,773,452 |
Grants Awarded
Over the last fiscal year, Z Ministries Inc has awarded $606,097 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CAMPUS CRUSADE FOR CHRIST INC PURPOSE: General support for missionaries | $22,000 |
MISSION TO JAPAN INC PURPOSE: General support for missionaries | $5,500 |
EVENT MINISTRIES INC PURPOSE: General support for related organization | $11,000 |
CENTRAL FLORIDA EDUCATIONAL FOUNDATION INC PURPOSE: General support for related organization | $67,597 |
CHARITABLE MINISTRY SUPPORT INC PURPOSE: General support for related organization | $500,000 |