Christian Broadcasting Inc
- Assets
- $2.7m
- Revenue
- $948.3k
- Investments
- $0.0
- Employees
- 11
- Location
- Anchorage, AK
- Founding
- 05/1986
- Data as of
- 12/2022
- EIN
- 92-0116207
Organization Overview
Christian Broadcasting Inc is located in Anchorage, AK. The organization was established in 1986. 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, Christian Broadcasting Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Broadcasting 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, Christian Broadcasting Inc generated $948.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $1.0m 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
TO PROVIDE CHRISTIAN RADIO BROADCASTING TO THE ANCHORAGE AK AREA 24 HOURS A DAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED CHRISTIAN RADIO BROADCASTING TO THE ANCHORAGE AK AREA 24 HOURS A DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlin Dempsey Director | Trustee | 1 | $0 |
Martha Holmberg Assistant Secretary | Officer | 1 | $0 |
David Wyzykowski Director | Officer | 1 | $0 |
Jerry Prevo President | Officer | 5 | $0 |
Allen Prevo Vice President | Officer | 15 | $0 |
Grace Mitchell Secretary Tresurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $141,368 |
| Related organizations | $0 |
| Government grants | $308,663 |
| All other contributions, gifts, grants, and similar amounts not included above | -$2 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $450,029 |
| Total Program Service Revenue | $375,020 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $123,282 |
| 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 | $948,331 |
| 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 | $446,343 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,498 |
| Payroll taxes | $32,741 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,440 |
| Advertising and promotion | $0 |
| Office expenses | $14,953 |
| Information technology | $19,690 |
| Royalties | $0 |
| Occupancy | $161,691 |
| Travel | $2,765 |
| 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 | $62,708 |
| Insurance | $11,781 |
| All other expenses | $69,478 |
| Total functional expenses | $1,025,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $466,577 |
| Savings and temporary cash investments | $890,300 |
| 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 | $1,295,749 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $32,000 |
| Other assets | $0 |
| Total assets | $2,684,626 |
| Accounts payable and accrued expenses | $13,801 |
| 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 | $13,801 |
| Net assets without donor restrictions | $2,670,825 |
| 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 | $2,684,626 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Ksps Spokane, WA | $11,188,124 | $6,500,985 |
Washington Public Affairs Network Olympia, WA | $6,009,085 | $4,248,648 |
Christian Broadcasting Inc Anchorage, AK | $2,684,626 | $948,331 |
Thurston Community Television Olympia, WA | $1,279,162 | $1,058,279 |
Kltv Inc Longview, WA | $1,602,934 | $529,741 |
The Vancouver Educational Telecommunications Consortium Tv E Vancouver, WA | $240,302 | $486,028 |
National Academy Of Television Arts And Sciences Auburn, WA | $459,012 | $472,609 |
Broadband Communications Association Of Washington Renton, WA | $238,133 | $204,828 |
West Coast Latvian Education Center Redmond, WA | $1,866,669 | $178,343 |
Radiant Light Broadcasting Tv 49 Richland, WA | $67,616 | $0 |
E Pluribus Unum Films Seattle, WA | $7,169 | $0 |
Christian Broadcasting Of Yakima Yakima, WA | $68,850 | $50,697 |
Peninsula Area Public Access Port Angeles, WA | $87,878 | $0 |