88 5 The Truth Inc
- Assets
- $288.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, GA
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 27-1226082
Organization Overview
88 5 The Truth Inc is located in Columbus, GA. The organization was established in 2010. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, 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. 88 5 The Truth 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, 88 5 The Truth Inc generated $163.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $155.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. 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
THE RADIO STATION RECEIVED AN FCC LICENSE AND BEGAN CHRISTIAN BROADCASTING FULL TIME IN 2010 ACROSS THE COLUMBUS, GA AND PHENIX CITY, AL AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James K Sheek IV Secretary | 0 | $0 | |
H Lynn Page President & CEO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,272 |
| Total Program Service Revenue | $52,885 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,171 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,145 |
| Professional fees and other payments to independent contractors | $1,845 |
| Occupancy, rent, utilities, and maintenance | $16,423 |
| Printing, publications, postage, and shipping | $311 |
| Other expenses | $61,049 |
| Total expenses | $155,773 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $241,546 |
| Other assets | $0 |
| Total assets | $287,969 |
| Total liabilities | $1,393 |
| Net assets or fund balances | $286,576 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 88 5 The Truth Inc has recieved totaling $10,400.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of The Chattahoochee Valley Inc Columbus, GA PURPOSE: GENERAL DONATION | $10,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bible Broadcasting Network Incorporated Charlotte, NC | $94,578,344 | $19,453,419 |
Family Stations Inc Franklin, TN | $96,805,715 | $8,074,278 |
Z Ministries Inc Altamonte Springs, FL | $2,751,007 | $6,265,341 |
Christian Research Institute Inc Charlotte, NC | $3,392,199 | $4,551,124 |
Delmarva Education Association Winston Salem, NC | $5,513,140 | $1,268,919 |
Key Life Network Inc Maitland, FL | $2,219,266 | $1,772,771 |
Genesis Radio Network Inc Miramar, FL | $2,016,166 | $1,191,199 |
Power Foundation Inc Piedmont, SC | $2,390,195 | $1,926,173 |
Augusta Radio Fellowship Institute Inc Grovetown, GA | $10,451,546 | $1,051,845 |
Radio Waves Of Love Inc Hialeah, FL | $194,102 | $731,078 |
Archangel Communications Fairhope, AL | $635,232 | $463,224 |
Proclaim My Work Inc Dahlonega, GA | $2,497,591 | $306,292 |