Voice News Network Inc
- Assets
- $1.3m
- Revenue
- $640.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/1978
- Data as of
- 12/2022
- EIN
- 58-1285890
Organization Overview
Voice News Network Inc is located in Atlanta, GA. The organization was established in 1978. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, 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. Voice News Network 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, Voice News Network Inc generated $640.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $501.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $165,725 |
| Interest on Savings | $116 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $360,663 |
| Other Income | $114,097 |
| Total Revenue | $640,601 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,008 |
| Other employee salaries and wages | $92,803 |
| Pension plans, employee benefits | $1,746 |
| Interest | $1,460 |
| Taxes | $33,097 |
| Depreciation | $18,563 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $35,854 |
| Printing and publications | $0 |
| Other expenses | $229,192 |
| Total operating and administrative expenses | $501,468 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $501,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $865,380 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $164,800 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $111,253 |
| Other assets | $136,972 |
| Total assets | $1,278,405 |
| Accounts payable and accrued expenses | $22,369 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $149,324 |
| Total liabilities | $171,693 |