Praise Broadcasting
- Assets
- $0.0
- Revenue
- $24.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Osakis, MN
- Founding
- 06/2000
- Data as of
- 12/2021
- EIN
- 41-1930197
Organization Overview
Praise Broadcasting is located in Osakis, MN. The organization was established in 2000. 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. Praise Broadcasting 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, Praise Broadcasting generated $24.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (31.9%) each year. All expenses for the organization totaled $5.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (49.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRAISELIVE'S VISION IS TO SEE "EVERY TRIBE AND NATION EXPERIENCING JESUS TOGETHER."
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O FOR EXPLANATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Mciver Executive Director/vp/secr | OfficerTrustee | 20 | $0 |
Jeff Rheingans President | OfficerTrustee | 0.5 | $0 |
Chuck Bauer Director/treasurer | OfficerTrustee | 0.5 | $0 |
Kerry Johnson Director | Trustee | 0.5 | $0 |
Larry Jeddeloh Director | Trustee | 0.5 | $0 |
Tim Mcdermott Chief Operating Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $24,903 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $24,903 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,874 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Praise Broadcasting has recieved totaling $27,524.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $27,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gabriel Media St Cloud, MN | $4,124,019 | $1,629,272 |
St Gabriel Communications West Des Moines, IA | $1,871,231 | $1,205,092 |
Saint Gabriel Communications Ltd Sioux City, IA | $1,655,379 | $338,338 |
Key Of David Ministries Non Proft Organization Cedarburg, WI | $3,609 | $269,768 |
Beachglass Ministries Inc Port Washington, WI | $215,465 | $216,760 |
Overcomer Foundation Excelsior, MN | $274,899 | $270,174 |
American Radio Missions Foundation Corporation Pella, IA | $459,737 | $25,237 |
We Have This Hope Christian Radio Inc Park Rapids, MN | $195,096 | $0 |
Aquinas Communications Inc Dubuque, IA | $95,678 | $0 |
Fourth Dimension Inc Eau Claire, WI | $154,467 | $0 |
The Blast Ministries Inc Bridgewater, SD | $63,514 | $0 |
Praise Broadcasting Osakis, MN | $0 | $24,903 |