Legacy Broadcasting Inc
- Assets
- $190.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 9
- Location
- Post Falls, ID
- Founding
- Data as of
- 12/2022
- EIN
- 27-4351197
Organization Overview
Legacy Broadcasting Inc is located in Post Falls, ID. As of 12/2022, Legacy Broadcasting Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Broadcasting 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 12/2022, Legacy Broadcasting Inc generated $170.6k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $277.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
LEGACY BROADCASTING WAS ON THE AIR FOR 365 DAYS IN THE 2022 CALENDAR YEAR. THROUGHOUT THIS TIME THE GOSPEL OF JESUS CHRIST WAS SHARED VIA MUSIC, EDUCATIONAL TEACHING, AND OTHER PROGRAMMING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Lancaster Director | 40 | $14,076 | |
Karla Lancaster Treasurer | 15 | $13,988 | |
Ron Vander Griend Director | 15 | $5,685 | |
Valerie Vander Griend Secretary | 15 | $2,770 | |
John Schroeder Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,507 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $57 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,564 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $72,872 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $80,522 |
| Printing, publications, postage, and shipping | $647 |
| Other expenses | $122,561 |
| Total expenses | $277,802 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,861 |
| Other assets | $0 |
| Total assets | $190,202 |
| Total liabilities | $422,020 |
| Net assets or fund balances | -$231,818 |