Gospel Radio Latin America Inc is located in Fort Worth, TX. The organization was established in 1975. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gospel Radio Latin America 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 12/2020, Gospel Radio Latin America Inc generated $90.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $85.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
GOSPEL RADIO LATIN AMERICA SHARES THE GOSPEL OF JESUS CHRIST THROUGH RADIO BROADCASTS THROUGHOUT LATIN AMERICA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Denman President | 12 | $50,095 | |
J W Medcalf Secretary | 10 | $0 | |
Stanley Denman Vice President | 12 | $0 | |
Greg Adams Director | 10 | $0 | |
Mike Johnson Director | 8 | $0 | |
Larry Sexton Director | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $90,663 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $90,663 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $58,696 |
Professional fees and other payments to independent contractors | $1,814 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $633 |
Other expenses | $7,485 |
Total expenses | $85,818 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,043 |
Other assets | $0 |
Total assets | $43,799 |
Total liabilities | $0 |
Net assets or fund balances | $43,799 |
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