Appalachian Educational Communication Corp
- Assets
- $264.2k
- Revenue
- $641.9k
- Investments
- $0.0
- Employees
- 7
- Location
- Blountville, TN
- Founding
- 11/1981
- Data as of
- 12/2022
- EIN
- 52-1221965
Organization Overview
Appalachian Educational Communication Corp is located in Blountville, TN. The organization was established in 1981. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Appalachian Educational Communication Corp employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian Educational Communication Corp 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, Appalachian Educational Communication Corp generated $641.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $673.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHRISTIAN INSTRUCTION TO THE REGION THROUGH RADIO BROADCASTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
RADIO PROGRAMMING EDUCATION WAS DELIVERED TO THE REGION THROUGH BROADCASTING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth C Hill President | Trustee | 40 | $53,000 |
Janet Hill Director | Trustee | 30 | $36,572 |
Jack Hilton Director | Trustee | 4 | $0 |
Frank Waldo Director | Trustee | 4 | $0 |
Johnnie Hunt Director | Trustee | 4 | $0 |
Sharon Cooke Director | Trustee | 4 | $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 | $510,399 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $510,399 |
| Total Program Service Revenue | $113,438 |
| Investment income | $57 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,000 |
| 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 | $641,894 |
| 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. | $89,572 |
| Compensation of current officers, directors, key employees. | $36,572 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,079 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,317 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,500 |
| Fees for services: Accounting | $8,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50,126 |
| Office expenses | $36,268 |
| Information technology | $2,335 |
| Royalties | $0 |
| Occupancy | $122,460 |
| Travel | $33,602 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $613 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $69,681 |
| All other expenses | $148,752 |
| Total functional expenses | $673,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,914 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $151,400 |
| 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 | $74,892 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $264,206 |
| Accounts payable and accrued expenses | $66,348 |
| 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 | $78,762 |
| Other liabilities | $626,459 |
| Total liabilities | $771,569 |
| Net assets without donor restrictions | -$507,363 |
| 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 | $264,206 |