Victory Television Network Inc

Organization Overview

Victory Television Network Inc is located in Little Rock, AR. The organization was established in 2015. According to its NTEE Classification (X82) the organization is classified as: Religious Television, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Victory Television Network Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victory Television Network 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, Victory Television Network Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE VICTORY TELEVISION NETWORK (VTN) IS A NETWORK OF FULL-POWERED, COMMERICAL TV STATIONS IN ARKANSAS, INCLUDING KVTN-DT IN LITTLE ROCK/PINEBLUFF, KVTH-DT IN HOT SPRINGS AND KVTJ-DT IN JONESBORO. FOUNDED BY PASTORS HAPPY AND JEANNE CALDWELL, VTN'S BOLD MISSION HAS ONE SIMPLE OBJECTIVE: TO REACH THE STATE OF ARKANSAS AND SURROUNDING COVERAGE AREAS IN MISSOURI, TENNESSEE AND MISSISSIPPI WITH THE LIFE-CHANGING MESSAGE OF JESUS CHRIST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AS THE ONLY CHRISTIAN TELEVISION NETWORK HEADQUARTERED IN ARKANSAS, THE ORGANIZATION'S OBJECTIVE IS TO REACH ACROSS ALL DENOMINATIONAL BARRIERS TO CONNECT ITS AUDIENCE WITH THE GOOD NEWS OF JESUS CHRIST THROUGH THE USE OF MASS COMMUNICATION THROUGH TELEVISION, THE INTERNET, AND DISTRIBUTION OF TEACHING MATERIALS IN THE FORM OF CDS, DVDS, AND OTHER LITERATURE. THE ORGANIZATION'S COVERAGE IS THE ENTIRE STATE OF ARKANSAS, SOUTHEAST MISSOURI, AND WESTERN TENNESSEE.


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Board, Officers & Key Employees

Name (title)Compensation
Rev James R Grant
Gen Manager
$97,599
Dr Happy Lcaldwell
President
$84,139
Rev Jeanne Caldwell
Vice President
$0
Mary S Kelemen
Secretary
$0
Rev Ronnie Caldwell
Director
$0
Dr Rex Horne
Director
$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$1,176,666
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,176,666
Total Program Service Revenue$1,261,739
Investment income $34
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 $2,438,439

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