The Tidings
- Assets
- $212.7k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 8
- Location
- Los Angeles, CA
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 95-1643386
Organization Overview
The Tidings is located in Los Angeles, CA. The organization was established in 1946. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. As of 06/2023, Tidings employed 8 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Tidings 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 06/2022, Tidings generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. 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 PUBLISH BI-WEEKLY MAGAZINES, WEB SITE NEWS ARTICLES, AND ANNUAL DIRECTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PUBLISH AND DISTRIBUTE ANGELUS MAGAZINES BI-WEEKLY. 852,503 MAGAZINES ARE PUBLISHED ANNUALLY.WE PUBLISH AND DISTRIBUTE 2,228 LOS ANGELES CATHOLIC DIRECTORIES ANNUALLY TO PARISHES, BUSINESSES, INDIVIDUALS, AND ARCHDIOCESAN SCHOOLS.THE VIDA NUEVA NEWSPAPER IS A WEB-BASED BLOG, NO LONGER A PRINTED PUBLICATION. VIDA NUEVA CAN BE LOCATED AT HTTPS://VIDA-NUEVA.COM/.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Steiner Director | Trustee | 0.1 | $0 |
David Scott Director | Trustee | 0.1 | $0 |
Archbishop Jose H Gomez Chair | OfficerTrustee | 0.1 | $0 |
FR Brian Nunes Vice President | OfficerTrustee | 0.1 | $0 |
Javier R Guerena President | OfficerTrustee | 0.1 | $0 |
James D Helin Treasurer | OfficerTrustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,035,626 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,958 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,096,584 |
| Total Program Service Revenue | $595,239 |
| Investment income | $0 |
| 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 | $1,691,823 |
| 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 | $396,280 |
| Pension plan accruals and contributions | $14,025 |
| Other employee benefits | $30,863 |
| Payroll taxes | $24,262 |
| 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 | $434,842 |
| Advertising and promotion | $0 |
| Office expenses | $12,670 |
| Information technology | $7,514 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,460 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,663 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,994 |
| All other expenses | $14,522 |
| Total functional expenses | $1,577,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $209,805 |
| 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 | $2,372 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $212,677 |
| Accounts payable and accrued expenses | $189,210 |
| Grants payable | $0 |
| Deferred revenue | $86,467 |
| 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 | $275,677 |
| 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 | -$63,000 |
| Total liabilities and net assets/fund balances | $212,677 |