Bethel Media
- Assets
- $850.6k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Redding, CA
- Founding
- 07/2015
- Data as of
- 07/2023
- EIN
- 47-4005603
Organization Overview
Bethel Media is located in Redding, CA. The organization was established in 2015. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, 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. Bethel Media 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 07/2023, Bethel Media generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $2.8m during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRODUCTION, PUBLICATION, AND SALE OF ASSETS EXCLUSIVELY FOR THE BETHEL CHURCH OF REDDING (FEIN 94-1514037).
Describe the Organization's Program Activity:
Part 3 - Line 4a
BETHEL MEDIA EXISTS TO CREATE, CAPTURE, PRODUCE, PUBLISH, AND SELL CREATIVE ASSETS EXCLUSIVELY FOR THE BENEFIT OF BETHEL CHURCH OF REDDING (FEIN 94- 1514037). THE CORPORATION IS OPERATED, SUPERVISED, AND CONTROLLED BY BETHEL CHURCH WITHIN THE MEANING OF CODE SECTION 509(A)(3), FOR THE FURTHERANCE OF BETHEL CHURCH'S EXEMPT PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Stine CEO | OfficerTrustee | 20 | $0 |
Kris Vallotton President | Trustee | 1 | $0 |
Wes Dehn Treasurer/se | Trustee | 0 | $0 |
Sarah Cooper COO | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bethel Church Of Redding Payroll Process | 7/30/16 | $3,274,759 |
Bill Johnson Ministries Media/photo/vid | 7/30/16 | $379,252 |
Bethel Music Media/photo/vid | 7/30/16 | $277,239 |
Loving On Purpose Media/photo/vid | 7/30/16 | $262,923 |
Desilva Ministries Media/photo/vid | 7/30/16 | $249,243 |
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 | $288,885 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $288,885 |
| Total Program Service Revenue | $144,480 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,035 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,810,321 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,237,651 |
| 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 | $1,737,006 |
| 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 | $52,284 |
| Advertising and promotion | $49,829 |
| Office expenses | $37,994 |
| Information technology | $397,627 |
| Royalties | $0 |
| Occupancy | $77,294 |
| Travel | $950 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,968 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,966 |
| Insurance | $19,857 |
| All other expenses | $24,004 |
| Total functional expenses | $2,808,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,981 |
| Savings and temporary cash investments | $90,540 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,732 |
| Loans from Officers, Directors, or Controlling Persons | $169,916 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $207,363 |
| Prepaid expenses and deferred charges | $89,416 |
| Net Land, buildings, and equipment | $225,383 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,307 |
| Other assets | $0 |
| Total assets | $850,638 |
| Accounts payable and accrued expenses | $223,696 |
| Grants payable | $0 |
| Deferred revenue | $303,526 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $801,775 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,328,997 |
| Net assets without donor restrictions | -$478,359 |
| 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 | $850,638 |