Atlanta Interfaith Broadcasters Inc
- Assets
- $4.3m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 23
- Location
- Atlanta, GA
- Founding
- 08/1969
- Data as of
- 12/2022
- EIN
- 58-1053698
Organization Overview
Atlanta Interfaith Broadcasters Inc is located in Atlanta, GA. The organization was established in 1969. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Atlanta Interfaith Broadcasters Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta Interfaith Broadcasters 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 12/2022, Atlanta Interfaith Broadcasters Inc generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE SEEK TO ENHANCE THE SPIRITUAL, INTELLECTUAL AND SOCIAL WELL BEING OF OUR VIEWERS BY DELIVERING EXCEPTIONAL FAITH-BASED, EDUCATIONAL AND PUBLIC SERVICE PROGRAMMING TO THE GREATER METROPOLITAN ATLANTA, GEORGIA COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CABLE TELEVISION STATION PROVIDING RELIGIOUS & EDUCATIONAL PROGRAMS 24 HOURS A DAY, SEVEN DAYS A WEEK TO NEARLY ONE MILLION HOMES IN SEVENTEEN COUNTIES IN THE METROPOLITAN ATLANTA, GA AREA. PROGRAMS ARE ALSO AVALIABLE ONLINE AT AIBTV.COM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Audrey Daniels President/ce | Officer | 40 | $151,695 |
Ruth Abusch-Magder Director | Trustee | $0 | |
Guy Arledge Chairman | Trustee | $0 | |
Jamese Beauford Treasurer | Trustee | $0 | |
Yolanda Cade Vice Chair | Trustee | $0 | |
Cole Carroll Secretary | Trustee | $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 | $2,193 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,193 |
| Total Program Service Revenue | $1,841,985 |
| Investment income | $14 |
| 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 | $1,857,636 |
| 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 | $771,010 |
| Pension plan accruals and contributions | $25,233 |
| Other employee benefits | $56,985 |
| Payroll taxes | $60,668 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,331 |
| Fees for services: Accounting | $13,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,337 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,827 |
| Travel | $3,704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,322 |
| Interest | $11,265 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $303,331 |
| Insurance | $51,532 |
| All other expenses | $27,170 |
| Total functional expenses | $1,731,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,004 |
| Savings and temporary cash investments | $127,393 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,990 |
| 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 | $13,849 |
| Net Land, buildings, and equipment | $3,805,236 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,500 |
| Total assets | $4,260,972 |
| Accounts payable and accrued expenses | $69,850 |
| 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 | $192,480 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $262,330 |
| Net assets without donor restrictions | $3,998,642 |
| 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 | $4,260,972 |