Educational Radio Foundation Of East Texas Inc
- Assets
- $10.3m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 22
- Location
- Tyler, TX
- Founding
- 05/1981
- Data as of
- 12/2021
- EIN
- 75-1746274
Organization Overview
Educational Radio Foundation Of East Texas Inc is located in Tyler, TX. The organization was established in 1981. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Educational Radio Foundation Of East Texas Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational Radio Foundation Of East Texas 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, Educational Radio Foundation Of East Texas Inc generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 8.8% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL BROADCASTING
Describe the Organization's Program Activity:
WE BROADCAST THE GOOD NEWS OF JESUS CHRIST VIA BROADCAST FREQUENCIES AND DIGITAL MEDIA THROUGH SEVERAL MUSIC PROGRAMMING FORMATS FEATURING CHRISTIAN MUSIC AND BIBLE TEACHING DESIGNED TO INSPIRE, EDUCATE AND ENCOURAGE. KVNE BROADCASTS CONTEMPORARY CHRISTIAN MUSIC, LIFT WORSHIP INVITES PEOPLE TO WORSHIP THE LORD THROUGH PRAISE MUSIC AND FUZION BROADCASTS CHRISTIAN MUSIC IN SPANISH, BRINGING HOPE AND ENCOURAGEMENT TO HISPANICS ACROSS EAST TEXAS AND AROUND THE WORLD. ADDITIONALLY, OUR BIBLE TEACHING STATION, THE WELL (ENGLISH) AND MODO VIDA (SPANISH), DELIVER MESSAGES DESIGNED TO GIVE PRACTICAL HELP AND HOPE TO FAMILIES THROUGH THE TEACHING OF THE BIBLE. THESE PROGRAMS ARE DESIGNED TO REACH CHILDREN, TEENS AND ADULTS IN THE 100-MILE RADIUS OF TYLER, TEXAS AND AROUND THE WORLD ON OUR FREE APPS AND DIGITAL STREAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy Kriechbaum President/ceo | Officer | 40 | $160,412 |
Harold R Skyles Key Employee | 40 | $109,175 | |
Jim Gillen Chair Business & Operations | OfficerTrustee | 1 | $0 |
Ken Lackner Board Chair | OfficerTrustee | 1 | $0 |
Beth Purl Secretary & Treasurer | OfficerTrustee | 1 | $0 |
Peggy Snyder VP Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $134,063 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,940,551 |
| Noncash contributions included in lines 1a–1f | $14,400 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,074,614 |
| Total Program Service Revenue | $0 |
| Investment income | $1,674 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,685 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $110,089 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,263,792 |
| 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. | $269,587 |
| Compensation of current officers, directors, key employees. | $269,587 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,033,239 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $87,685 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,126 |
| 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 | $49,411 |
| Advertising and promotion | $154,861 |
| Office expenses | $51,059 |
| Information technology | $37,502 |
| Royalties | $0 |
| Occupancy | $96,055 |
| 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 | $415,839 |
| Insurance | $85,545 |
| All other expenses | $297,882 |
| Total functional expenses | $3,373,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,217,787 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $282,500 |
| 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 | $62,684 |
| Net Land, buildings, and equipment | $5,969,431 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $719,289 |
| Other assets | $4,165 |
| Total assets | $10,255,856 |
| Accounts payable and accrued expenses | $213,402 |
| 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 | $10,105 |
| Total liabilities | $223,507 |
| Net assets without donor restrictions | $8,944,766 |
| Net assets with donor restrictions | $1,087,583 |
| 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 | $10,255,856 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Educational Radio Foundation Of East Texas Inc has recieved totaling $136,209.
| Awarding Organization | Amount |
|---|---|
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX PURPOSE: GENERAL SUPPORT | $110,000 |
East Texas Communties Foundation Inc Tyler, TX PURPOSE: Program Development | $19,787 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,401 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope Media Group Humble, TX | $37,826,223 | $13,472,768 |
Texas Public Radio San Antonio, TX | $12,996,965 | $6,350,039 |
Friends Of Wwoz Inc New Orleans, LA | $4,509,272 | $5,645,952 |
Greater Public Austin, TX | $3,503,811 | $5,098,039 |
Educational Radio Foundation Of East Texas Inc Tyler, TX | $10,255,856 | $5,263,792 |
World Radio Network Inc McAllen, TX | $4,989,539 | $3,275,448 |
Public Radio Inc Baton Rouge, LA | $1,978,569 | $1,887,043 |
Marfa Public Radio Corporation Marfa, TX | $2,640,592 | $2,092,170 |
Lufkin Educational Broadcasting Foundation Lufkin, TX | $1,820,174 | $1,138,193 |
Northern New Mexico Radio Foundation Santa Fe, NM | $297,079 | $781,768 |
National Association Of State Radio Networks Inc Dallas, TX | $354,914 | $763,135 |
Christian Broadcasting Company Abilene, TX | $190,013 | $386,938 |