Gospel Broadcasting Inc
- Assets
- $174.2k
- Revenue
- $237.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Dobson, NC
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 56-2160579
Organization Overview
Gospel Broadcasting Inc is located in Dobson, NC. The organization was established in 2002. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Gospel Broadcasting Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gospel Broadcasting 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, Gospel Broadcasting Inc generated $237.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $200.5k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GET THE GOSPEL OF THE LORD JESUS CHRIST OUT TO THE WORLD. OPERATED FOR CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES AS DEFINED BY SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE
Describe the Organization's Program Activity:
Part 3 - Line 4a
WYZD RADIO REACHES OUT TO THE WORLD BY RADIO AND ON THE INTERNET. IT HAS THE POTENTIAL LISTENING AUDIENCE OF 96,000. IT INFORMS LISTENERS ON THE DOCTURINES OF JESUS CHRIST. IT AIRS BIBLE TEACHINGS AND CHRISTIAN MUSIC TO HELP ENCOURGE, EDUCATE AND UPLIFT THE LISTENER. IT OPERATES DAILY 24 HOURS A DAY ON THE RADIO AND INTERNET.
WCOK REACHES OUT TO THE WORLD BY RADIO, INTERNET AND TELEVISION. IT HAS THE POTENIAL LISTENING AUDIENCE OF 72,000. IT INFORMS LISTENERS ON THE DOCTRINES OF JESUS CHRIST, AIRS BIBLE TEACHINGS AND CHRISTIAN MUSIC TO HELP ENCOURGE, EDUCATE AND UPLIFT THE LISTENER. IT OPERATES 24 HOURS A DAY ON THE RADIO, INTERNET AND TV.
THE GOSPEL PULPIT RADIO BROADCAST IS HEARD DAILY ON SEVERAL RADIO STATIONS. THROUGH ITS MINISTRY, IT OFFERS PREACHING AND TEACHING OF JESUS CHRIST. ITS PURPOSE IS TO EDUCATE AND TO HELP LISTENERS LIVE BETTER LIVES. IT REACHES AN ESTIMATED THOUSANDS OF LISTENERS PER DAY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricky Cothren President | Trustee | 30 | $0 |
Jason Johnson Secretary | Trustee | 0 | $0 |
Paul Siceloff Treasurer | Trustee | 0 | $0 |
Gary Porter Vice President | Trustee | 0 | $0 |
Jerry Pardue Member | Trustee | 0 | $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 | $126,891 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,891 |
| Total Program Service Revenue | $110,421 |
| Investment income | $0 |
| 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 | $237,312 |
| 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 | $82,378 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $81 |
| Payroll taxes | $6,289 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,883 |
| Fees for services: Accounting | $200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,377 |
| Advertising and promotion | $0 |
| Office expenses | $13,405 |
| Information technology | $6,589 |
| Royalties | $4,981 |
| Occupancy | $38,700 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,354 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $712 |
| All other expenses | $27,533 |
| Total functional expenses | $200,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,195 |
| 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 | $174,195 |
| 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 | $174,195 |
| Total liabilities and net assets/fund balances | $174,195 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bible Broadcasting Network Incorporated Charlotte, NC | $94,578,344 | $19,453,419 |
Family Stations Inc Franklin, TN | $96,805,715 | $8,074,278 |
Christian Research Institute Inc Charlotte, NC | $3,392,199 | $4,551,124 |
Delmarva Education Association Winston Salem, NC | $5,513,140 | $1,268,919 |
Power Foundation Inc Piedmont, SC | $2,390,195 | $1,926,173 |
Augusta Radio Fellowship Institute Inc Grovetown, GA | $10,451,546 | $1,051,845 |
Proclaim My Work Inc Dahlonega, GA | $2,497,591 | $306,292 |
Christian Productions International Hendersonville, TN | $123,959 | $301,163 |
C2a This Week Inc Raleigh, NC | $22,797 | $251,871 |
Gospel Broadcasting Inc Dobson, NC | $174,195 | $237,312 |
Mediatrix Sc Inc Greer, SC | $492,612 | $166,875 |
Word Christian Broadcasting Inc Douglasville, GA | $576,412 | $192,110 |