Solid Foundation Broadcasting Corporation
- Assets
- $87.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greeneville, TN
- Founding
- 01/2008
- Data as of
- 12/2022
- EIN
- 11-3816920
Organization Overview
Solid Foundation Broadcasting Corporation is located in Greeneville, TN. The organization was established in 2008. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, 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. Solid Foundation Broadcasting Corporation 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, Solid Foundation Broadcasting Corporation generated $96.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $65.6k during the year ending 12/2022. While expenses have increased by 5.4% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE SOCIALLY RELEVANT CHRISTIAN EDUCATIONAL INFORMATION TO A BROAD SECTION OF THE PUBLIC THROUGH NONCOMMERCIAL RADIO. SOLID FOUNDATION BROADCASTING IS OPERATING AND FM BROADCAST STATION 91.1 WZTH FOR THAT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Smith President | 35 | $0 | |
Neil Norland Secretary | 15 | $0 | |
Kim Cherry Treasurer | 15 | $0 | |
Denny Dunn Member | 20 | $5,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,436 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16 |
| Total Revenue | $96,452 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,600 |
| Professional fees and other payments to independent contractors | $23,862 |
| Occupancy, rent, utilities, and maintenance | $24,645 |
| Printing, publications, postage, and shipping | $183 |
| Other expenses | $11,274 |
| Total expenses | $65,564 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,507 |
| Other assets | $0 |
| Total assets | $87,632 |
| Total liabilities | $1,826 |
| Net assets or fund balances | $85,806 |