Radio Church Of The Air Inc, operating under the name RADIO CHURCH OF THE AIR INC or GRACE TABERNACLE, is located in Shreveport, LA. The organization was established in 1965. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. RADIO CHURCH OF THE AIR INC or GRACE TABERNACLE 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, RADIO CHURCH OF THE AIR INC or GRACE TABERNACLE generated $88.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $60.5k during the year ending 12/2021. While expenses have increased by 3.7% 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
A CHURCH THAT MINISTERS THE GOSPEL OF JESUS CHRIST
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHURCH CHRISTIAN WORSHIP SERVICES CONDUCTED THREE OR MORE TIMES WEEKLY; OUTREACH MINISTRIES; ETC.; APPROXIMATELY 25 MEMBERS; WEEKLY CHURCH SERVICES CONDUCTED AT GRACE TABERNACLE, PHYSICALLY LOCATED AT 1943 SWAN LAKE ROAD, BOSSIER CITY, LA 71111
DAILY CHRISTIAN RADIO BROADCASTS, MONDAY THROUGH FRIDAY, ON RADIO STATIONS KIOU; KWDF; WCPC; AND WIJD. UNDETERMINED NUMBER OF PERSON BENEFITTED.
FOREIGN MISSIONS SUPPORT IN FRANCE, SWITZERLAND AND THE CAMEROONS VIA UPCI GLOBAL MISSIONS, A DOMESTIC ORGANIZATION, AS WELL AS IN MEXICO, BY AN INDEPENDENT MISSIONARY BASED IN TEXAS. UNDETERMINED NUMBER OF PERSONS BENEFITTED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
A L Carson Chairman | Officer | 60 | $0 |
Victor H Carson Vice Chairman | Officer | 12 | $0 |
Marguerite C Mills Secretary-Treasurer | Officer | 25 | $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 | $88,137 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $88,137 |
Total Program Service Revenue | $0 |
Investment income | $322 |
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 | $88,459 |
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. | $5,500 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,301 |
Advertising and promotion | $0 |
Office expenses | $1,581 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $18,622 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,778 |
All other expenses | $0 |
Total functional expenses | $60,487 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $415,541 |
Savings and temporary cash investments | $92,798 |
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 | $31,624 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $539,963 |
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 | $31,624 |
Retained earnings, endowment, accumulated income, or other funds | $508,339 |
Total liabilities and net assets/fund balances | $539,963 |
Organization Name | Assets | Revenue |
---|---|---|
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |
Modern Day Missions Arlington, TX | $2,308,348 | $8,222,545 |
Global Media Outreach Plano, TX | $2,988,957 | $8,027,207 |
House Of Prayer And Life Incorporated Houston, TX | $2,486,433 | $7,989,653 |
Camp Allen-Camp And Conference Center Navasota, TX | $17,153,236 | $7,942,711 |
West Houston Assistance Ministries Inc Houston, TX | $3,828,529 | $8,204,113 |
Center For Christian Growth Inc New Braunfels, TX | $17,780,504 | $10,473,617 |
Carolina Creek Christian Camp Huntsville, TX | $14,287,598 | $6,641,760 |
Christian Motorcyclists Assn Inc Hatfield, AR | $5,956,243 | $7,886,367 |
Hearts And Hands Of Baytown Inc Baytown, TX | $122,996 | $6,250,033 |
Institute In Basic Life Principles Big Sandy, TX | $54,149,216 | $5,172,387 |