F M 90 1 Inc is located in Upton, KY. The organization was established in 1986. 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 12/2022, F M 90 1 Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. F M 90 1 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, F M 90 1 Inc generated $561.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $606.1k during the year ending 12/2022. 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
SPREAD WORD OF GOD THROUGH RADIO AND FOOD MINISTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPREAD THE WORD OF GOD THRU MINISTRY AND RADIO AND FOOD MINISTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donald Powell Jr President Gm | OfficerTrustee | 40 | $65,309 |
Lauree Powell VP And CFO | OfficerTrustee | 40 | $44,425 |
Warren Traylor Board Member Employee | Trustee | 40 | $28,667 |
Gary Powell Board Member | Trustee | 1 | $0 |
Kathy Heerlein Board Member | Trustee | 1 | $0 |
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 | $484,200 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $484,200 |
Total Program Service Revenue | $69,078 |
Investment income | $15 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $8,653 |
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 | $561,946 |
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. | $105,274 |
Compensation of current officers, directors, key employees. | $52,637 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $145,416 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $19,177 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $790 |
Office expenses | $33,404 |
Information technology | $5,428 |
Royalties | $0 |
Occupancy | $77,666 |
Travel | $265 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,136 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $36,452 |
Insurance | $10,030 |
All other expenses | $412 |
Total functional expenses | $606,054 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $459,107 |
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 | $202,227 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $661,334 |
Accounts payable and accrued expenses | $12,162 |
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 | $12,162 |
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 | $649,172 |
Total liabilities and net assets/fund balances | $661,334 |