Sound Of Life Inc
- Assets
- $610.5k
- Revenue
- $874.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Katrine, NY
- Founding
- 01/1979
- Data as of
- 10/2022
- EIN
- 14-1594890
Organization Overview
Sound Of Life Inc is located in Lake Katrine, NY. The organization was established in 1979. 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. Sound Of Life 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 10/2022, Sound Of Life Inc generated $874.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $808.0k during the year ending 10/2022. While expenses have increased by 3.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RADIO BROADCAST OF CHRISTIAN MUSIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION BROADCASTS TO THE GERERAL PUBLIC CHRISTIAN MUSIC AND PROGRAMING TO HELP EVANGELIZE AND STRENGTHEN THE CHRISTIAN COMMUNITY AND REACH OUT TO THE NON CHRISTIAN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hicks Trustee | Trustee | 2 | $0 |
Jim Vilardi Vice Chair | Trustee | 2 | $0 |
Ward Todd Treasurer | Trustee | 2 | $0 |
Cathy Smith Chairman | Trustee | 0 | $0 |
Manuel Montalvo Trustee | Trustee | 2 | $0 |
Betsey Levesque Trustee | Trustee | 2 | $0 |
Financial Statements
| 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 | $874,336 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $874,336 |
| Total Program Service Revenue | $0 |
| Investment income | $239 |
| 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 | $874,575 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,276 |
| Fees for services: Accounting | $5,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,749 |
| Office expenses | $14,314 |
| Information technology | $14,196 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $202 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,318 |
| Insurance | $18,290 |
| All other expenses | $226,284 |
| Total functional expenses | $807,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,215 |
| Savings and temporary cash investments | $0 |
| 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 | $404,256 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $610,471 |
| Accounts payable and accrued expenses | $9,862 |
| 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 | $9,862 |
| Net assets without donor restrictions | $600,609 |
| 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 | $610,471 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sound Of Life Inc has recieved totaling $5,516.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $5,300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $171 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $45 |
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|---|---|---|
Icatholic Media Inc Watertown, MA | $61,629,216 | $14,295,555 |
Focus In Chinuch Inc Monroe, NY | $2,386,995 | $7,187,365 |
Torah Center For Higher Rabbinical Studies Inc Brooklyn, NY | $48,469 | $4,157,555 |
Odyssey Impact Inc New York, NY | $1,159,274 | $2,787,083 |
The Veritas Forum Inc Cambridge, MA | $3,821,584 | $3,531,628 |
The Word Forum Inc Katonah, NY | $525,474 | $1,366,303 |
Lahak Hanochos Inc Brooklyn, NY | $1,010,421 | $1,261,386 |
Friends Publishing Corporation Philadelphia, PA | $3,645,326 | $1,330,635 |
Aliento Vision Hispanic Family Network Inc Corona, NY | $123,445 | $1,074,940 |
Montrose Broadcasting Corporation Montrose, PA | $2,692,009 | $1,265,627 |
Sound Of Life Inc Lake Katrine, NY | $610,471 | $874,575 |
Servant Of Jesus & Mary Malone, NY | $483,722 | $495,612 |