Family Stations Inc is located in Franklin, TN. The organization was established in 1960. 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 12/2021, Family Stations Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Stations 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, Family Stations Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $9.2m during the year ending 12/2021. While expenses have increased by 0.3% 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
A RELIGIOUS, NON-COMMERCIAL RADIO & MEDIA MINISTRY SPREADING THE COMFORT AND HOPE OF THE GOSPEL.
Describe the Organization's Program Activity:
SINCE 1958, FAMILY STATIONS, INC.-FAMILY RADIO-HAS REMAINED A NON-COMMERCIAL, NON-PROFIT RADIO AND MEDIA MINISTRY FUNDED THROUGH THE FINANCIAL GIFTS OF LISTENERS AND FRIENDS. OUR MISSION IS TO DECLARE THE GOSPEL OF THE LORD JESUS CHRIST, THE WORD OF GOD; AND TO BRING COMFORT AND HOPE THROUGH UPLIFTING MUSIC, POIGNANT STORIES THAT TEACH BIBLICAL PRINCIPLES, AND POWERFUL, BIBLICAL PREACHING.WE ENDEAVOR TO BE A TRUSTED REFUGE FOR THE WEARY, A BEACON OF HOPE FOR THE HOPELESS, AND A SOURCE OF RELIABLE, BIBLICAL TRUTH. WE ACCOMPLISH OUR MISSION IN A VARIETY OF WAYS: BY AIRING NATIONALLY KNOWN, REFORMED TEACHERS; BY BROADCASTING CLASSIC AND MODERN HYMNS; BY SHARING SHORT TEACHING FEATURES; AND BY TELLING STORIES THAT GIVE OUR LISTENERS HOPE.AS A FEDERAL COMMUNICATIONS COMMISSION BROADCAST LICENSE HOLDER, WE RECOGNIZE OUR RESPONSIBILITY TO INFORM OUR LISTENERS, AS WELL AS SERVE THE LOCAL PUBLIC INTEREST AS A PUBLIC TRUSTEE.IN ADDITION TO NATIONALLY SYNDICATED PROGRAMS, FAMILY RADIO PRODUCES SEVERAL LOCALLY TARGETED OUTREACHES AND COMMUNITY SERVICE EFFORTS. FOR EXAMPLE, FAMILY RADIO'S ON-AIR EFFORTS INCLUDE:COMMUNITY BRIDGE: WE BELIEVE THAT GOD CALLS BELIEVERS TO BE HIS AMBASSADORS OF COMFORT AND HOPE TO OUR WORLD. COMMUNITY BRIDGE FEATURES HOST JENNY BURKHISER WITH OTHER LOCAL PROGRAMMING STAFF WHO DISCUSS LOCAL ISSUES AND INTERVIEW REPRESENTATIVES FROM COMMUNITY ORGANIZATIONS AS WELL AS VARIOUS MINISTRIES THROUGHOUT THE COUNTRY.LIFE'S QUESTIONS, GOD'S ANSWERS: LIFE POSES MANY DIFFICULT QUESTIONS. THANKFULLY, GOD HAS SUPPLIED THE ANSWERS WE NEED IN HIS WORD, THE BIBLE. ON LIFE'S QUESTIONS, GOD'S ANSWERS, FAMILY RADIO POSES OFTEN-ASKED QUESTIONS THAT ARISE FROM DAILY LIFE AND TURNS TO THE BIBLE FOR THE ANSWERS.FAMILY BIBLE READING FELLOWSHIP: THE FOUNDATION FOR FAMILY RADIO'S MINISTRY IS THE BIBLE. DURING FAMILY BIBLE READING FELLOWSHIP, THE BIBLE IS READ ALOUD WITHOUT COMMENTARY. THIS HALF-HOUR PROGRAM AIRS EVERY DAY OF THE WEEK FOR LISTENERS' EDIFICATION AND ENCOURAGEMENT.THIS CHRISTIAN LIFE AND ENCOURAGE MINTS: FAMILY RADIO ALSO PRODUCES ORIGINAL CONTENT DESIGNED TO UPLIFT THROUGH BITE-SIZED AND WHOLE-LIFE STORIES OF HOPE AND REDEMPTION. FAMILY RADIO PRAYER TEAM: EVERY MONTH, THE FAMILY RADIO NETWORK RECEIVES NEARLY 1,000 PRAYER REQUESTS FROM LISTENERS. AS A RESULT, WE HAVE ENLISTED LISTENERS THROUGH OUR WEBSITE TO JOIN WITH FAMILY RADIO LEADERSHIP AND STAFF TO PRAY FOR THESE REQUESTS.WEB AND SOCIAL MEDIA OUTREACH: FAMILY RADIO AVERAGES APPROXIMATELY 110,000 MONTHLY VISITORS TO THE WEBSITE: FAMILYRADIO.ORGFAMILY RADIO HAS BEEN AND CONTINUES TO WORK WITH LOCAL PASTORS AND CHURCH LEADERS TO ASSIST, ENCOURAGE, AND SUPPORT THEIR EFFORTS IN THE COMMUNITIES WHERE THEY SERVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Evans President | OfficerTrustee | 40 | $191,010 |
Scott Pero Senior Director | 40 | $111,480 | |
Stephen Dillard Director Of Programming | 40 | $111,368 | |
Solomon Kafoure Director (part Year) | Trustee | 10 | $0 |
Allen Sill Director | Trustee | 10 | $0 |
Darrell Harrison Director | Trustee | 10 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cliftonlarsonallen Llp Financial Services | 12/30/21 | $206,259 |
D J Designs Llc Print & Mailing Services | 12/30/21 | $195,677 |
Robert H Branch Jr Radio Engineering | 12/30/21 | $162,500 |
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 | $7,752,542 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,752,542 |
Total Program Service Revenue | $0 |
Investment income | $499,935 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $5,250 |
Net Rental Income | $343,854 |
Net Gain/Loss on Asset Sales | -$559,789 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,074,278 |
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. | $202,443 |
Compensation of current officers, directors, key employees. | $40,489 |
Compensation to disqualified persons | $9,720 |
Other salaries and wages | $2,286,684 |
Pension plan accruals and contributions | $27,400 |
Other employee benefits | $168,546 |
Payroll taxes | $240,223 |
Fees for services: Management | $0 |
Fees for services: Legal | $104,827 |
Fees for services: Accounting | $245,170 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $56,250 |
Fees for services: Investment Management | $212,051 |
Fees for services: Other | $293,201 |
Advertising and promotion | $194,721 |
Office expenses | $295,742 |
Information technology | $52,376 |
Royalties | $0 |
Occupancy | $431,879 |
Travel | $69,308 |
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 | $764,223 |
Insurance | $69,893 |
All other expenses | $0 |
Total functional expenses | $9,215,765 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,866,725 |
Savings and temporary cash investments | $30,074,023 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $39,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $42,003 |
Prepaid expenses and deferred charges | $1,216,144 |
Net Land, buildings, and equipment | $17,945,255 |
Investments—publicly traded securities | $208,064 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $13,261,265 |
Other assets | $153,236 |
Total assets | $96,805,715 |
Accounts payable and accrued expenses | $623,097 |
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 | $240,910 |
Other liabilities | $203,778 |
Total liabilities | $1,067,785 |
Net assets without donor restrictions | $95,737,930 |
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 | $96,805,715 |
Over the last fiscal year, we have identified 2 grants that Family Stations Inc has recieved totaling $21,380.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $10,765 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $10,615 |
Organization Name | Assets | Revenue |
---|---|---|
American Family Association Inc Tupelo, MS | $53,666,287 | $31,046,881 |
Bible Broadcasting Network Incorporated Charlotte, NC | $94,578,344 | $19,453,419 |
Family Stations Inc Franklin, TN | $96,805,715 | $8,074,278 |
Christian Research Institute Inc Charlotte, NC | $3,392,199 | $4,551,124 |
Delmarva Education Association Winston Salem, NC | $5,513,140 | $1,268,919 |
Lifeword Broadcast Ministries Conway, AR | $4,911,390 | $2,038,339 |
Augusta Radio Fellowship Institute Inc Grovetown, GA | $10,451,546 | $1,051,845 |
F M 90 1 Inc Upton, KY | $699,360 | $693,429 |
Archangel Communications Fairhope, AL | $635,232 | $463,224 |
Wfca Radio Inc French Camp, MS | $505,790 | $562,799 |
Proclaim My Work Inc Dahlonega, GA | $2,497,591 | $306,292 |
Alabama Christian Radio Inc Opelika, AL | $139,159 | $340,204 |